Funding for ICOs Drops to the Lowest in 16 Months

[vit05]

Bloomber

Is the initial coin offering boom over?

Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. ICOs using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline as some of those projects cash out to cover expenses and on concern this year’s cryptocurrency bear market will drag out.

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[Westfiled]

Bloomber

Is the initial coin offering boom over?

Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. ICOs using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline as some of those projects cash out to cover expenses and on concern this year’s cryptocurrency bear market will drag out.

That depends on the tren of crypto. people are interesting to secure their Money and waiting for another bubble right now. So many whales are having the same think. that's why icos get less on its demand and remember not only icos but crypto too. The bearish tren of crypto has become the main reason why icos get less on its demand.

[Boombull]

I think the reason for is that the exciment about ICO has reduced due to past bitter experience of investor of a project listing below ICO price or being a scam. The present state of market is also a factor we need to consider.

[icalical]

Bloomber

Is the initial coin offering boom over?

Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. ICOs using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline as some of those projects cash out to cover expenses and on concern this year’s cryptocurrency bear market will drag out.

First of all, I absolutely have the same opinion, the main reasons why Ethereum price is down drastically is because of some projects just dump their Ethereum earned from ICO.
The thing about ICO right now is that most of the projects are just money grabbing, without a strong foundation and real solution for real-world problems. There are countless of ICO, that failed because their main objective is just to put their coin to be listed on exchanges, and after that their projects development is just lame. If the ICO ecosystem is not evolving and stay in this way, I do not think ICO funding will last long.

[bittick]

They calculate in $, ICO use cryptocurrencies to raise fund and currently it's bearish not even surpass $10K but stuck below $8K
therefore my thinking is that the fundraising hits the lowest because the value of overall altcoin and the market capitalisation is significantly decreasing.
Maybe they should calculate the overall startup fundraising in crypto

[o_e_l_e_o]

Startups raised just $326 million in August, the smallest amount since May 2017

Good, but probably still about $325 million too much. I'd wager the number of newbies entering crypto for the first time is way down because of the bear market, and it's these clueless newbies that keep giving their money away to scam ICOs.

However, just because investment is down, doesn't mean the number of scam ICOs is down. You only have to go look at the Altcoin Announcement board to see a new scam popping up pretty much every hour.

[taufik123]

ICO funding decreased as ETH prices dropped dramatically and eventually made all panic and sell their ETH assets. many ICOs did not arrive at the softcap target and were forced to delay sales until the market improved, even to refund funds to investors. ETH has decreased to $ 185.

[KimJonnan]

This is not a bad thing. The decline of ICO investment from smart contracts is now a good thing for Bitcoin. The speed at which people develop needs time. Instead of always investing in the future.

[Thyaga]

Bloomber

Is the initial coin offering boom over?

The ICO hype might be over but the ICO will always be there and proven to make blockchain technology grow.

[maldini]

Bloomber

Is the initial coin offering boom over?

Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. ICOs using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline as some of those projects cash out to cover expenses and on concern this year’s cryptocurrency bear market will drag out.

That depends on the tren of crypto. people are interesting to secure their Money and waiting for another bubble right now. So many whales are having the same think. that's why icos get less on its demand and remember not only icos but crypto too. The bearish tren of crypto has become the main reason why icos get less on its demand.

As you know, now the sign is still bearish, all ICO investors are thinking long enough to invest in an ICO, they are more secure by storing it in USDT, now it's not the right time to buy ICO tokens

[LateMoveR52]

The ICO excitement will not be over because ICO build the trend. Ico will always be here and proven the blockchain technology is growing upward.

[Horraygram]

This is not bad I think because the decrease of ICO speculation from brilliant contracts is presently something worth being thankful for Bitcoin. The speed at which individuals grow needs time. Rather than continually putting resources into what's to come.

[slightmoon]

Even bad projects also got the investment last year. But now it's not easy for ICOs to collect the funds. Mostly good ICOs get the attraction even they also some time fail due to team perform not well. Even downtrend also impacting the more where last year uptrend though everyone just wants to invest but now most of the in the mind of panic sell or just hold.

[Querubbin26]

In my opinion, it is normal that something like this happens, since we are having prices as low as at the beginning of last year, previously it was very easy to create ICOs because there was a lot of money in the market and people were anxious to spend it, but now the investors are much more cautious and only some icos receive the necessary funds to emerge.

[cytpoway121]

Bloomber

Is the initial coin offering boom over?

Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. ICOs using the Ethereum blockchain are seen as one of the main catalysts for sending Ether’s price surging last year. Now they’re being blamed for its decline as some of those projects cash out to cover expenses and on concern this year’s cryptocurrency bear market will drag out.

The general ratio of accumulated profits for ico has to reduce
Several fake icos has brought about  lots of intelligent investors

So there is no reason to panic
Once a project is solid, the ico will make good sales

[coinages]

There is a reason behind it. ICO has reduced himself declining their coins from market.They have experience a bitter past. Present market condition is also a point to consider.

[bitcoinminer566]

ICOs has potentials if it can be operate or manipulate nicely. I don't know why it is low for the last 16 month. I think it will rise again as expectation.

[Luvr1000]

Many say that the market should start growing by the new year, as it was last year, but it seems to me that the market will grow much longer. There is no need to compare it with the growth of last year for many investors, interest has already disappeared.

[palle11]

I reason that the drop in the funding is because of fraud and ingenuity around it, investors are no longer geared to show interest. Icos are suppose to be the hob of altcoin but most team are greedy, putting the love for money before and above themselves.

[christofyler]

I think the major reason why most ICO are no longer raising more money is because most investors are scared to invest their money due to scammers running away with their money.... Also there are lot of untrusted ICO out there so investors need to be very careful that why some of them are removing their money.