NortenBank
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October 16, 2018, 04:53:59 AM |
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Lot of ICOs have fallen miserably due to lack of plans or innovations. Also the scams have made it more difficult.
It seems to me that there is even a fraud here, because due to the poor state of the cryptocurrency market, many investors do not want to invest their money in the coins at the ico stage of the company, but they buy coins on the stock exchange. Therefore, projects do not have opportunities for development. That's right. Most crypto investors are enthusiasts, not professionals. Now they can learn and distinguish the scam from the good of the project. Became more legible.
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iconoclast
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Matrix Built On An Ethereum Smart Contract
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October 16, 2018, 05:03:18 AM |
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I personally don't see anything wrong with the current markets. Good projects are still able to raise money and marginal projects are struggling. I have to look at 20 projects before I find one I want to invest in so hearing that the overall market is funding one in five means that 3 projects that I thought were not worth funding are still raising money. I don't think you should be comparing things to January 2018. Those days are gone and never coming back. Today is the new normal.
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Tuwierun (OP)
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October 16, 2018, 05:58:23 AM |
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I personally don't see anything wrong with the current markets. Good projects are still able to raise money and marginal projects are struggling. I have to look at 20 projects before I find one I want to invest in so hearing that the overall market is funding one in five means that 3 projects that I thought were not worth funding are still raising money. I don't think you should be comparing things to January 2018. Those days are gone and never coming back. Today is the new normal.
You have the right approach, I agree with you. Statistics do not reflect the general dynamics, but the general mood of the market. Experienced investors continue to invest, as before, carefully choosing. Not experienced, become more accurate. But it still seems to me that the market is waiting for something new.
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Dolarin
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October 16, 2018, 06:10:28 AM |
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I think this is a temporary phenomenon. Now the market is very bad, and so people do not want to invest in crypto and ICO.
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marufnang
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October 16, 2018, 06:16:03 AM |
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I think the more there is project opening for an ICO, there will be smaller number of project that could achieve their target, cause the fund that the investors had got separated into some project.
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kawetsriyanto
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duelbits.com
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October 16, 2018, 06:31:42 AM |
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The amount of funds raised always decrease from month to month. What does it mean? It means the trust of people to invest in ICOs is getting worst. I am afraid that they have another way to invest in crypto. In my view, because of many failed ICOs and scam ICOs, the investors prefer to buy coins that have listed on exchanges. I am worried if the investors begin to leave ICOs gradually.
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[/tabl
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Tuwierun (OP)
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October 16, 2018, 08:32:52 AM |
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The amount of funds raised always decrease from month to month. What does it mean? It means the trust of people to invest in ICOs is getting worst. I am afraid that they have another way to invest in crypto. In my view, because of many failed ICOs and scam ICOs, the investors prefer to buy coins that have listed on exchanges. I am worried if the investors begin to leave ICOs gradually.
I do not think that investors will leave ICO. There will be changes, but the ICO will not disappear.
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anisoptera
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October 16, 2018, 09:59:13 AM |
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I hope that this statistic will be read by potential new ICO developers too so they could start to work on their projects more seriously, so new ICOs amount will reduce and successful projects percentage will increase.
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sofmyhad
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October 16, 2018, 10:09:58 AM |
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ICOs have decreased in their ability to get investors and September was a one more case why was it possible. I am looking for the December so much.
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jfederkins
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October 16, 2018, 10:39:55 AM |
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ICO are not looked after by me now because their being fuul of scam is very annoying and worrying that could not make me working with them very close.
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odessit1377
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October 16, 2018, 10:47:47 AM |
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Looking at the chart, it is evident that in May there was a growth of companies, the bitcoin price then amounted to 9k, now the indicator is lower and the price of bitcoina is also lower and is 6.5k. Maybe it all depends on the price of bitcoin?)))
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Tuwierun (OP)
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October 16, 2018, 11:48:27 AM |
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Looking at the chart, it is evident that in May there was a growth of companies, the bitcoin price then amounted to 9k, now the indicator is lower and the price of bitcoina is also lower and is 6.5k. Maybe it all depends on the price of bitcoin?)))
Of course, it all depends on the price of Bitcoin. If you attach a schedule for registering users on the forum, it will be almost perfect to copy the course of both Bitcoin and the ISO market. ))
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Invest-or
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October 16, 2018, 11:48:56 AM |
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I am surprised that so many ICOs actually did achieve their targets. The investors are now quite professional and don´t go ICO unless they see a very clear possibility, due to market.
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pamsugas
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October 16, 2018, 11:55:14 AM |
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Bitcoin market continues to fall so that to get investor funds is very difficult, investors are afraid if their money is invested into ico, because when bitcoin prices go down ico also experiences a bad thing when the market listing price will be far below ico
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baghdatis1990
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Miracle Tele
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October 16, 2018, 12:01:15 PM |
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Statistics have their importance, but the crypto market has dropped significantly anyway. People are no longer attracted to the ICO projects in the past, which means that the funds will be smaller and smaller. Paradoxically, the market has a much better promotion than in the past, but smaller funds. Let's hope the market will return as fast as we can, and when we take part in bounty campaigns, we'll look much better on the market.
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tamango
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October 16, 2018, 12:04:46 PM |
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These statistics reflect what everyone see everyday.. ICO market is reduced more than 50% compared to August and I think that it will reduce more. There were really too many similar projects and I really hope that numbers of ICO will reduce but with only important and concrete projects to look at.
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NakiRR
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October 16, 2018, 12:12:13 PM |
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i'm not sure about these numbers and projects, seems like there were a bit another top projects with a bit another numbers: 5. Top 10 ICOs. The undisputed leader is the Genexi project, which brought together almost 2 times the size of the nearest “pursuer”. The total amount of fees top ten - $ 181 million. But in case of other information everything is fine on my mind. Recently i saw the same statistic from another funds and that numbers were approximately the same. Thanks to author for this post.
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Bttzed03
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https://bitcoincleanup.com/
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October 16, 2018, 12:21:32 PM |
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The current market condition probably had an effect also but these are still dismal figures. From the statistics shown, I can conclude that investors are much mature and smarter now. This should serve as a challenge to all upcoming ICOs. Investors need more than the usual good-looking website and well-written whitepaper now. It is no longer enough to have "innovative" ideas, each ICOs should atleast have a live MVP before opening their token sale.
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Diablesfunis
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October 16, 2018, 12:30:14 PM |
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I'm actually surprised that the amount of icos is still a lot even now, I think there's only about 20 or 30 icos going on but that stat shows there's about 90 icos in September. Although the ico that completed successfully is about 20%, but I believe only less than 5% will survive for more than a year. Ico craze is already over and I don't get why projects still try to set their hardcap so high, they should set it to a reasonable range, around 500k to 1 mill usd is enough for startup to last a long time.
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ElnurBash
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October 16, 2018, 02:17:58 PM |
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The guys from the Suicide Ventures shared the ICO market statistics for September 2018. Not advertising, just a link to the authors. I just do not know if someone from the fund is sitting here and spreading info, so I decided to share with everyone who is interested. So. 1. In September, 90 ICOs were held (excluding pre-ico), which is 17 more than in August, but the final dynamics during the year is negative. 2. Only 20% ICOs completed successfully, 80% failed. Over the past 3 months, nothing has changed - the overall dynamics during the year is negative. 3. The amount of funds raised with the help of ICO in September is $ 290 million, which is 42% less than in August. This is the worst figure this year. Dynamics - negative. 4. Successful ICOs attracted $ 223 million of the total fees, unsuccessful projects collected $ 67 million, which is 50% less than in August. 5. Top 10 ICOs. The undisputed leader is the Genexi project, which brought together almost 2 times the size of the nearest “pursuer”. The total amount of fees top ten - $ 181 million. 6. Just one project raised more than $20 million. 7. More than 90% of Hard Cap was able to fellow only 11% of ICO. From 10% to 90% - 27% ICO. 62% of ICO ended in complete failure, not collecting more than 10% of the Hard Cap. Here are such disappointing statistics. We fall. well do not be too pessimistic tjere still is a chance for the better future and there is no need to seed panoc everywhere around
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