Nearly $ 1 billion worth of Ethereum is in ICO projects

[CodiepieBCT]

It seems that we have nothing in our hand right now. The prices are manipulated by them, the market is dominated by them. I don’t know the way of redemption from these ICOs backed by big whales

[pbjam]

Quite a scary reality. I like ETH but it's not exactly safe if all of these decide to cash out. More than likely when the next bull run comes along we'll see a huge increase in selling pressure on ETH.
Most other projects will rise with the bullrun but ETH will probably stay down due to all projects selling with the bull run.

[Orrechorre]

It's great with this number. It also demonstrates that more and more projects have trusted the choice of ETH technology as the basis for development. At the same time, ETH becomes popular and handy in the cryptographic market.

I agree with your speculation because ethereum remains the best and the most potential. More projects have trust in its technology that is why they still use it for their activities and I believe the more it gets supports and the token that use it gets launched, it will help it recover from the fall quickly.

[BillyBelmonte]

Very interesting statistic. And I think that Ethereum price now depends from this largest holders of ETH. If somebody will sell their ETH balance, I think it will be the critical influence to the Ethereum price.

[AmazingTiger]

The whole ETH scene was behind the recent situation of the crypto market. We already saw the ETH market to crash, but it was mainly because of the people losing their trust over ETH. According to a lot of users, when we are giving the ICO companies to get a hold of huge amount of coins, we are also giving them the permission to pump and dump those coins according to their will.

[makladun]

It is interesting number, I wonder how big is the capitalization of his closes competitors like NEO and EOS and its dynamics

[irenegaming]

And we're taking into account that is notorious that the investment in the ICOs has dropped a lot, especially in recent months, so I continue to bet on ETH, despite all the problems it may have, ETH will always serve as a platform to create something much more useful and impressive.

[availcrypto]

I agree with you partially with this discussion that I also have seen ETH invested most in many ICOs. Most of the ICOs trade token measuring ETH values. Most ICOs gives ETH their ultimate priority in collecting funds. This will make a real haze in the market, slowly.

[coinlocket$]

I believe that more money goes into the crypts market and the better the market is for all of us.
People obviously hope to get rich in a short time and therefore try to make a bet with new projects as it is much easier to do x10 in a new ico than do x10 in our bitcoins since is already a huge coin.
The problem is that so many of the money invested sadly goes to hell because of scam, which is why I believe that if the market was regulated with a mandatory and controlled kyc for the creators of a coin there would be more money in the market.

[raging-creeper]

The Ethereum project is really amazing when you step back to think about it. It has created an entire ecosystem of projects off it's back.  Very cool technology.  I can only imagine when it goes from here. 

[Lighthouze]

ICOs are the future of crypto. Not too many ICOs accept Bitcoin or other coins as a means for investment. This goes to show the value of the ETH token in the ecosystem as most projects that launch on the Ethereum network will require ETH to function, thus driving the demand for the coin

[Endikadija]

ICO projects currently hold 3,330,390 Ethereal (ETH), equivalent to nearly $ 1 billion - at current Ethereum prices.

The ICO-funded projects currently hold 3,330,390 Ethereal (ETH), with 16,400 ETH sold last week, worth $ 4.5 million.

According to data from the Santiment, Digix is the largest Ethanol Holder (after the Ethereum Foundation) with about 470,000 ETHs worth $ 130 million, which is larger than the market capitalization of the Token.



Golem came in second with 360,000 Ethereum worth about $ 100 million, just below the $ 140 million a cap.

The third largest ICO in the ICO is the Status with 253,000 ETHs worth $ 70 million, while the capital stock is $ 130 million.

In a recent study, more than 3 million ETH are being held by ICO projects, of which Ethereum Foundation holds 660,000 ETH.

Most of the projects sold their stock of Ethereum stock including OmiseGo with 71,000 ETH sold. ETH selling of ICOs is slowing, while the peak of selling is in May. The amount of ETH traded in cash also remained high despite a downward trend

Even EOS has been raising more than 4 millions ethereum and all of them have been dumped into the market. AFAIK ico is realizing right now to put the more option to be accepted as a payment option besides of ethereum payment to invest in their ico. EOS has been dumping worth 4 billion dollars to the market.

[VVginial]

A statistic shows amazing figures, but I wonder at the time they began to research. Because, several project have been beginning before the market was not down as well as they can't end ICO in present. This statistic only indicates some aspects of the market. 

[KS03]

This actually makes me nervous about holding Ethereum.  It seems there may be a lot of supply hanging in the balance.  Can you imagine if the alt market takes a large hit?  Everyone may sell Ethereum at the same instant to get Bitcoin. 

[Sanford]

Yes, in general, almost all projects are now on Ethereum (ETH). He has a good future, but there is one problem of projects a lot and make a lot of it. How many fecal projects are now about 60% probably? 

[vina.lugtu]

I am not sure if this is a good news or a bad news. From what I know, the number of people investing on ETH were declining and that is the cause of the low price now. A huge part of investors were panic selling and has given up on ETH. I just hope that ETH will recover sooner before the price goes too low for it to recover. Also from what I notice, it seems that those huge companies has the ability to manipulate the price. Scary....

[electronicash]

I am not sure if this is a good news or a bad news. From what I know, the number of people investing on ETH were declining and that is the cause of the low price now. A huge part of investors were panic selling and has given up on ETH. I just hope that ETH will recover sooner before the price goes too low for it to recover. Also from what I notice, it seems that those huge companies has the ability to manipulate the price. Scary....

panic buying will soon happen when all these ethanols are going to see the price are going to continue to rise in weeks.

the future of crypto markets are going to be a battle of platforms which includes ETH, waves, NEO and so on. while they battle, its BTC that is actually winning the game. but this will continue no matter who is winning.

[artemdubina88]

Pomoymu here there is nothing surprising this is not such a large sum for such a market ! In the future I think it will grow rapidly !

[cryptorampage963]

That's a massive amount of money. I think that ICOs are one of the major reasons behind Ethereum being the second largest cryptocurrency. ICOs made it quite unbeatable to most of the coins.

[farukahmed]

Yes i like that Ethereum is the King of ICO project. I have many project of campaign that we are properly to do this work. The ICO project is successful project and gets a good profit from this project. The ICO project is many participant are doing this work and get huge profit. I have doing Facebook twitter Reddit and LinkedIn and YouTube and blog. They are do many proper doing work and after end of ico they can get more income from this project. All participants are very well done and we have to do this work. At last i can say that i am agree this project.