These 24 ICOs raised $2.8 Billion. They have almost 0 trading volume.

[Yaddady]

So many thrash projects were launched into the crypto space during boom of 2017 and it was so damn easy for them make a lot a money due to the boom. I've never heard of some of the projects on that list especially the first two. Imagine the amount of money these guys made from selling useless coins and collecting the real thing in exchange. It's so unfortunate, and I'm glad the investing public are wiser and more critical of these ICOs now.

[Nwankwobtt]

What an expository article! I have also come to notice that the zeal and vibrancy with which developers launch ICOs die a natural death several months after the ICO conclusion. Many deviate from roadmap or even abandon it totally. It is quite unfortunate and doesn't leave a good mark on the cryptocurrency community

[hesham51]

Actually I am not quite sure about your research, but as I know Dropil have collected about 20 millions not 60 millions,so I I guess the others ICOs may have none precious data.

[Sanford]

Let's be frank. Now the market is painful to watch. Who will look at Dragon. When BTC with a mate ETH Fly into the vile. The fact that the project has collected money does not mean that it is good. And the article is excellent.

[chokomenia]

it's so sad how these things happened this 2018 after many have hoped that 2018 could be the best year for cryptos, but all hope is not lost, next year might be good for this ICO, some might rise up due to the utility on their platform

[Vaniaayu]

the industry continues to grow, but actually what is wrong with the ICO system, I don't think ICOs have problems, but new projects seem to be faced with deteriorating markets, so they are not ready to face the bad times of the market.

[randythered]

I haven't even heard of the top 2 on this list. Is it actually proven that they raised these funds or did they just claim to do so to encourage other investment? I can only assume they're known scams with such low volume nowadays.

You look at the trading volumes from the top 20. Cardano has a daily trading volume of less than $ 20 million, Monero 18, IOTA 10, and so on. Over the past few weeks, the market collapsed and we see how small amounts affect the price of these coins. A project with a capitalization of billions of dollars cannot lose 20% with a daily volume of 10 million.
Projects that are listed in the table created only for the rapid enrichment of their owners. Half project fraudulent.

I think you'd be surprised with how little it takes to move the market cap of a project. Especially in a bear market such as this. I did not realize that the trading volume for those coins was still so low, it shows how insignificant they still are relative to bitcoin which still has billions of trading volume each and every day.

[Silberman]

Very nice research, this is the reality, many researches found out that 90% ICOs are pure scams and this only confirms this claim.
But, it would be nice to make deep research, if these projects are alive, or dead without any progress.

If the coins are any good then there is a chance that their volume grows and they will be fine and it is possible that they find people interested not only in trading those coins but in holding them as well, but due to the market conditions people are very mistrustful about what is happening and so many coins that could be considered to be legitimate projects are having problems as well because no one wants to invest in those coins.

[alimarh]

Only had of few among the listed ico coin, but raising huge money during the ICO doesn't mean the coin will have huge trading volume, volumes is been determined by the market force, If a team put much effort to marketing then the price will go up but as it stand, i don't know most of these coins and so it will be for other people

[mightwalker]

ICOs is very risky when the market is not good. Hopefully, it'll be better in the future.

[Bavaria]

Well, nice compilation and a great illustration of the human stupidity. I've always avoided crypto startups aim of which  was collect as more cash as possible. Only once i'd broke this rule, but to be honest still believe in project i invested.

[bittick]

ICOs is very risky when the market is not good. Hopefully, it'll be better in the future.

so does other commodities or stocks when the market is not so good, it's just a really natural things. Most of the ICO ended up being worthless at the time of distribution because lacking of creative mind to prevent from massive dumping.
Any developers should take a consideration into this

[nicolas1979]

The ICO market boomed in 2017. The number of crypto startups is hard to pin down, but most sources agree that is over five hundred were launched in 2017.

In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?

The research shows that ICOs have significant economic problems.

Check Out The Full Research Article

That's impossible, reach billion but has 0 trading volume. When project reach their target it means they also have users/ members that use their product to get income, supply and demand already there. If only get 0 volume I can say only investor/ trader with short term strategy and have big fund join that ICO, but I'm afraid they already leave ( speculation ). Crypto is hard fields and everything could happen, not to scare you but never forget to learn from this condition.

[republicrypto]

The ICO market boomed in 2017. The number of crypto startups is hard to pin down, but most sources agree that is over five hundred were launched in 2017.

In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?

The research shows that ICOs have significant economic problems.

Check Out The Full Research Article

That's impossible, reach billion but has 0 trading volume. When project reach their target it means they also have users/ members that use their product to get income, supply and demand already there. If only get 0 volume I can say only investor/ trader with short term strategy and have big fund join that ICO, but I'm afraid they already leave ( speculation ). Crypto is hard fields and everything could happen, not to scare you but never forget to learn from this condition.

or maybe the investors believe if the project is good for long term investments,,
so, the investors hold their tokens in their wallet,,
regards

[Way2Paradise]

The ICO market boomed in 2017. The number of crypto startups is hard to pin down, but most sources agree that is over five hundred were launched in 2017.

In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?

The research shows that ICOs have significant economic problems.
*cut*

so much money has flowed into this ico and yet they have hardly any trading volume. i wonder if it reflects the reality and usefulness of the ico token. either way, it is somehow bitter that the token have no volume.

[asriloni]

Its because everything is pegged to Bitcoin market. And since Bitcoin has suffered as well, it trickled down to altcoin markets. Specially along the stretch beginning in June. There are some successful ICO is 2018, but there are no holders and buyers.

Mostly, bounty hunters just dump and then ICO projects as well. Just look at how ETH suffered and you will see how everyone is really dumping after the tokens have been released and listed on an exchange. So I'm not surprised if there no volume of most successful ICO's in 2017/2018.

With these money and if they can use it properly and it will be so easy to create something useful for us. Remember there was a lot of single developer in our real life create a game without needed a lot of money. They are creating a fully working product that can be sold through various market.

[zhanyiguai261315]

Many iCO projects are scams, there are no actual products behind them, and the transaction volume of tokens is very low!
This is why many governments require ICO regulation!
Regulatory Ico can effectively protect the investment money!

[duyduc256]

Many iCO projects are scams, there are no actual products behind them, and the transaction volume of tokens is very low!
This is why many governments require ICO regulation!
Regulatory Ico can effectively protect the investment money!

It is difficult to apply this in this market because everything is anonymous making the control impossible. I personally believe that in the coming years we will see many new ICO projects and certainly will be future scam projects.

[ableh]

Besides market analysis, price movements and trade volume are also influenced by fundamentals. So if there is no progress or the latest innovations from the project all this is useless, unless there is someone who manipulates the market. Although they has succes to raise more than $2.8 Billion, it does not mean that the trading volume in the market will continue to increase. Because they make fundraising with the aim to developing a project, not to manipulate the price of tokens in the market. So I think this is a natural thing

[Silberman]

Besides market analysis, price movements and trade volume are also influenced by fundamentals. So if there is no progress or the latest innovations from the project all this is useless, unless there is someone who manipulates the market. Although they has succes to raise more than $2.8 Billion, it does not mean that the trading volume in the market will continue to increase. Because they make fundraising with the aim to developing a project, not to manipulate the price of tokens in the market. So I think this is a natural thing

Correct, most of the new coins move based on speculation and on the news the developers of those coins give, if there is no advancement at all in the development of the project then the price is not going to move much if at all, but if suddenly there are positive news about the coin people will realize the project is real and not a scam and will begin to trade their coins or even to buy more of them.