Topic: [2017-12-04] Are we in a ICO recession? (Read 1626 times)
Should we call it as an ICO Recession? ICOs are still alive and kicking it's just Bitcoin has receiving more dominant attention from the investors because of the hype and we cannot stop it, maybe after CME Bitcoin Futures hype, we might see the rise of altcoins in the eye of the investors and I speculate that the trend will be the Forked Coins that could rise up in the early 2018 dominating the number of ICOs.
This summer, three projects, Tezos, Bancor and Filecoin have raised $600 million combined in a matter of days - and as of today:
Six months down the line, only a handful of projects have raised more than $100 million.
With regulation expected to step up in the coming months, projects at a pre-product market fit stage might not be able to reach the same valuations than the ones of this summer.
1. Crazy valuations are over
2. Increasing ICO supply, but dropping success rate
3. New tech means new rules
4. ICOs are competing with previous ones
full article: https://www.tropyc.co/news/ico-slowdown/
- Tezos is in the middle of a financial and legal crisis.
- Bancor is witnessing a two-fold decrease in valuation.
- Filecoin is still illiquid for investors.
Six months down the line, only a handful of projects have raised more than $100 million.
With regulation expected to step up in the coming months, projects at a pre-product market fit stage might not be able to reach the same valuations than the ones of this summer.
1. Crazy valuations are over
2. Increasing ICO supply, but dropping success rate
3. New tech means new rules
4. ICOs are competing with previous ones
full article: https://www.tropyc.co/news/ico-slowdown/
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