News.Bitcoin.com he conducted an extensive study of last year's crowdsales, which showed that 46% of them are actually dead – despite attracting more than 104 million dollars.
Tokendata, one of the most comprehensive ICO trackers, lists the 902 crowdsales that took place last year. 142 of them have failed at the stage of funding, and an additional 276 have the same fate or because of the fact that their founders ran away with the money, or they gradually disappeared. This means that 46% of last year's ICO has already failed.
The additional 113 ICOS can be classified as "half-dead" either because their team has stopped communicating on social media or because their community is so small that the project has no chance of success. This means that 59% of crowdsales last year either have already failed or are moving towards failure.
Many of them have not collected anything, some have attracted a few thousand dollars; some of them collected more than $ 10 million. On a case-by-case basis, the end result was the same: no MVP, no alpha release, and no contribution to a decentralized network to improve the quality of human life.
Many of these ICO looked suspicious from the start. In most cases, investors were able to notice the warning signs and stayed away from such projects. However, no loss has not done: these projects are still raised approximately 233 million dollars.
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