It has always been assumed that a large number of ICOs will fail, be it at the fundraising stage or when it comes to delivering the actual project. It’s hard to settle on a precise figure, however, as most dubious ICOs don’t exit scam: they slowly tiptoe away, like a sneak thief rather than a smash-and-grab robber. Having completed an extensive study into last year’s crowdsales, news.Bitcoin.com can report that 46% of them are effectively dead already – despite raising over $104 million.
ICOs are in a lot of ways similar to start-ups (as oppose to some other major cryptos) and most start up fail in the first year but some become successful. ICOs can be an interesting investment opportunity (and since a lot of them also offer something you can buy with them they can be a bit less risky in comparison to start-ups) but before investing in them be sure to know the risks.
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