Profitable investment: the success of the ICO grow even in a bear market

The phenomenon of the ICO, has taken quite an interesting path that started somewhere in may 2017. Since then, the industry of crowdfunding in the crypt experiencing rapid growth. The success of the ICO is not even affected by the global correction of the stock market.

A large part of startups and don’t live up to the release of your product. However, this does not prevent the projects set high goals for fundraising, many companies quickly collect scrip more than $ 50 million. Detailed analysis of the market ICO prepared in Cointelegraph.

How to invest in ICO

Statistics show that the first significant growth of popularity of ICO took place in April 2017. Just this month CryptoStream managed to attract $ 218 million. Till November this amount has already exceeded $ 2,52 billion.

Ecosystem ICO is an important indicator of the cryptocurrency industry. New companies are actively looking for new ways to market and communicate with the financial regulators. Governments and the SEC began to pay attention to the ICO in the autumn of last year. We will remind, then China banned their conduct in the country.

2018 was even more profitable. Only in January has attracted start-UPS of 1.83 billion dollars. Over the past 7 months was conducted 2131 ICO with a total capital of $ 12.8 billion.

Most of the projects closed during the crowdfunding goal to $ 10 million. Other startups establish hardcap above $ 50 million.

The end — “bubble ICO” not yet burst. At the moment it is rather dangerous to judgewhen it will happen. Perhaps institutional investors will give this sector of the cryptocurrency another push up.

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