From $2.9 Billion in a Month to Hundreds Dead: Trends of the Rollercoaster ICO Market in 18 Months

Around 1000 cryptocurrencies have been considered deceased recently. It was attached to Bitcoin’s drop in value and was hinting toward a total cryptocurrency bubble. However, the cryptocurrency ecosystem is a little more complex than that, and one of the most interesting and staggering facets of it all has to do with the ICO marketplace. This rambunctious side of cryptocurrencies has a lot of telling statistics that are worth delving into — especially over the last 18 months, which have seen a massive boom in new coins as well as a steady growth in capital raised for new cryptocurrency projects. We need to remember that ICOs, cryptocurrencies and the entire blockchain space is still very much in its infancy. And, just like we have seen things like Bitcoin evolve, with Segwit and even the emergence of Bitcoin Cash, ICOs will evolve too. The changes will be geared toward security, transparency, and reliability, and a lot of that will be driven by harder regulations intended to protect investors. However, it will also continue to be a competitive space, and that competition will also drive the necessity for well-built projects. ICOs may have become a bit of a dirty word, but the process still has a lot to offer. After a bit of tweaking and growing, there will be a lot that can be done in the ecosystem once it is functioning well.

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