In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.
When we do compare those projects who had done ico on past 2 years and to this recent day we can really see the difference when it comes to numbers and the percentage of project that do succeed.I do prefer back into those years where projects are still worth to invest on unlike now that almost everyday theres new project in the market that do need funding. Ive remembered too on how much of those projects before accumulate money which doesnt involved millions of dollars unlike now where accumulating even hundreds but still end up into a shitty project later on.
