Only 8% of ICOs are listed and only 3.8% become successful

Only 8% of ICOs are listed and only 3.8% become successful

According to the consulting company Satis Group, only less than 4% of all launched ICOs with a capitalization of $ 50 million to $ 100 million have been successful.. 

Researchers analyzed well-known startups and found that 81% of projects that had successful IPOs were scams.  Another 11% of tokens failed, with 6% never being completed and 5% ceasing to exist. Although approximately 2.8% exist, their market capitalization is gradually decreasing. At the same time, only 3.8% of young cryptocurrencies are becoming successful, and 1.6% are still promising. According to experts, only 8% of tokens are listed on crypto exchanges. Dead Coins currently have approximately 800 «dead» tokens, and Coinopsy claims that their number hovers around 1000. The Satis Group notes that most startups raised funds without an experienced development team, a finished product, but only WP and promises. At the same time, the initial growth is provided not by real users of blockchain projects, but by speculators. According to some estimates, investors lost up to $ 500 million from unsuccessful investments in tokens.

Azad Qəhrəmanov – Maksimum Satış

Recall that MasterCard will make transactions anonymous using the blockchain.

text: Ivan Malichenko, photo: Unsplash, Satis Group  

Only 8% of ICOs are listed and only 3.8% become successful

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