Just read ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

ICO funding grew, peaking in January 2018 at around $3.077 billion in funding. In Q1 2018, ICO funding had already surpassed the entirety of 2017’s ICO funding total, proving that despite the bear market, enthusiasm and hope around ICOs hadn’t yet begun to fade. Q1 2018 had brought in $8.8 billion in ICO funding, while Q2 2018 amounted to only $5.5 billion, representing the first quarter-over-quarter decline. EOS and Telegram Bolster Early 2018 ICO Funding FiguresIt’s worth noting that if it weren’t for ICOs from Telegram and Block.one, the developer behind the cryptocurrency EOS, 2018 so far wouldn’t have looked so stellar for ICO funding. Together, the two represent nearly 25% of all of the ICO funding during the first half of the year.

Read the full article at newsbtc

Wednesday, September 19, 2018