Alexander Momot, co-founder and CEO of the UK-based cryptocurrency startup REMME, recently posted on Facebook, showing data on ICO tokens held by investors in 36 countries as of June this year, saying the company collected data on almost all white papers. Monitor some of the ICO's overall trends, such as whether residents in each region tend to hold or sell within four months of the currency.
From the data presented by Momot, it can be found that in developing countries such as Brazil, Nigeria, Pakistan, Turkey, and the Philippines, buyers tend to sell ICO tokens within four months after issuing coins. Russia and Ireland also have such short-term buyers, holding only 12% and 21% of investors.
In developed countries such as the United States, the United Kingdom, Australia, Switzerland, Sweden, and Hong Kong, buyers tend to hold longer, but Ukrainian buyers also tend to hold, and their share of investors held in four months 58%.
Author: chaindd