RE: 46% of Last Year’s ICOs Have Failed Already

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46% of Last Year’s ICOs Have Failed Already

in ico •  7 years ago 

I know most people will look at this and see the volatility in ICOs, which, of course, is true, but I think good news can be gleaned from it as well. If ICOs rise and fall over a short period of time, hypothetically they wouldn't have been able to attract too many people or lots of money. Crypto if often compared to the dot.com craze. During that period, people were strung along for years before the weaknesses in these companies were exposed. Crypto will need to get these bad coins out of its system and the sooner the better.

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