The Treasury empty in August, the ICO has established a record of charges for the last 16 months
Source:
All good ends sooner or later. According to Autonomous Research, in August CryptoStream attracted a total of 326 million dollars of funding. As reported , the lowest level in 16 months.
theis it Worth investing in ICO
Investor interest in the ICO at the time fueled the growth of Ethereum, but after almost a year CryptoStream bubble was the main cause of the fall of the coin. The project team actively move their money in Fiat currency that creates more pressure on the price of cryptocurrency.
In the past month the developers have managed to collect a total of 326 million dollars by ICO. These are the lowest results since may of 2017. On the course of events was influenced by the position of the financial regulators — Bitcoin at least they recognize, but ICO is considered complete .
Last week members of the European Parliament, together with experts from the blockchain industry discussed the possible ways of regulation crowdfunding. One of the participants noted that investment in the ICO is strongly in 2018, novice investors not deterred even a huge amount .
The Chairman of the European working group on Finance Peter Kerstens said token-ICO do not have «third party». The absence of intermediaries between the organizers of the startup and investors is the major concern of financial regulators.
However, some analysts , talented programmers can still achieve amazing success on the market of cryptocurrencies. However, they'll need to work twice as hard — times «freebies» ended.
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