Despite the fact that many projects that conduct ICO do not cope with the tasks, successful initiatives inspire investors to invest more and more funds in the initial placement of cryptocoins.
According to Coinschedule, in the first half of the year teams of new ICOs were able to attract a total of 11,927 billion dollars, and it is much more than in the same period last year, when this figure amounted to 3.8 billion dollars.
The role of difficult ICOs as a whole is probably exaggerated: according to a recent study, only 20% of the projects for production of new amount of cryptocoins can be considered as a scam.
Indeed, the fact that a project “took off” or “did not take off” may be the result of objective circumstances such as competition in the market, insufficient funding or other factors.
According to Coinschedule, investors are trying to talk optimistic, and it turns out to be justified: the average income of investments in ICO projects is 1320%.
What do you think about such a statistic?