Earlier this year in February, cryptocurrency news site Bitcoin.com announced the findings of its study of ICOs that were held during 2017. The most glaring result of all was that of the 902 projects that were tracked: 142 failed before raising funds 276 failed after fundraising a further 113 were considered “semi-failed” – either the team ceased communication on social media or the project’s community was deemed too insignificant to be considered a sustainable project. This means that 59% of token events last year were confirmed – or likely-to-be confirmed – failures. And that’s despite the fact that those ‘failures’…...
6 Ways to Spot an ICO Scam
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