The holiday ended: ICO levies continue to refresh the lows

Date:

2018-10-10 21:30:07

Views:

44

Rating:

1Like 0Dislike

Share:

The holiday ended: ICO levies continue to refresh the lows

In 2017 boom — blockchain projects are trying to monetize the interest of media and investors to Scripturally with the initial placement of tokens. During the year, the most successful of them have attracted millions of dollars.

However, due to the large number of scams and end of the crypto euphoria, investors have begun to lose interest in ICO. For the second straight month projects update the minimum fees. It seems that the popularity of this method of raising funds in the past. It is particularly strange to say that following the relatively recent success of the Telegram.

How to make money on ICO

At the end of September startups gathered $ 300 million during the initial placement of tokens. This is 10 times less than in January 2018. In addition, interest in the financing of projects fell by almost 90 percent since the beginning of the year.

Your contribution to the decline in popularity of token-doing and the government. For example, in September a Federal judge in new York said that released as a result of ICO tokens should be considered securities, and its position was supported by SEC. A week later, China's Central Bank issued a warning in which not recommended to the citizens to invest in ICO.

In a conversation with a well-known investor Sonny Singh stated that the amount collected by the ICO funds will never return to peak values. Bobby Lee States that tokens with IPOs represent not that other, as "the efforts of the employees of a particular company and its business model». In other words, their intrinsic value is small.

Previously, analysts from research company Diar that from July 2016, the crooks stole while ICO nearly $ 100 million. The most successful schemes of projects Shenzhen Puyin Blockchain Group and NVO, which managed to attract $ 68 million before riveted the attention of regulators.

Recommended

Co-founder of the Ethereum Foundation: cryptocurrencies are not on the verge of collapse

Co-founder of the Ethereum Foundation: cryptocurrencies are not on the verge of collapse

co-founder of the Ethereum Foundation Joe Lubin sees on the horizon a serious problem for crypto-currencies. Unlike other well-known experts that the collapse of the stock market almost every day, Lubin maintains an optimistic point of view. In a rec...

Analyst at CBOE: volatility of Bitcoin is lower than Amazon's stock

Analyst at CBOE: volatility of Bitcoin is lower than Amazon's stock

As a rule, parents and friends most of us have absolutely no clue cryptocurrency. If they will now accuse you of thoughtless spending money on some bitcoins, you can say that you have no extra money to the asset class with much greater volatility. Fo...

Easier to nowhere: how to mine cryptocurrency in just one click for everyone

Easier to nowhere: how to mine cryptocurrency in just one click for everyone

do Not want to sit in a hot room with a dinning farms? Have WinMiner has the right solution. The service uses a sophisticated algorithm to maximize the effective use of the PC in the extraction of crypto currencies. From the user does not require any...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

In Irkutsk the evangelists were not given a discount on electricity for mining Bitcoin. What's the problem?

In Irkutsk the evangelists were not given a discount on electricity for mining Bitcoin. What's the problem?

Revenues from mining fell after a market capitalization of cryptocurrency, but the mining is still profitable. And earn not only «home» farm owners, but also companies and even religious organizations. the Last attempt ...

Expert: cryptocurrencies are no better than North Korea

Expert: cryptocurrencies are no better than North Korea

the Economist from new York University's Nouriel Roubini is preparing to report to the U.S. Senate about the cryptocurrency and blockchain technology. Like, famous in this industry came up with a new argument for the blow to the r...