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ICO Data Reveals $5 Billion Funds Raised For Tokens in January-May 2018
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PocketAccording to ICOdata (who claim to have been featured in Forbes, Huffington Post, Hacked and New York Times etc) have the most accurate initial coin offering token sale stats from a cumulative standpoint than any other source on the internet.
Taking that for what they say its worth, here is a quick breakdown of how the ICO markets have done despite seeing an overall marketcap of $800 billion dollars in January 2018 vanish to below $300 billion and now hovering around $320 billion at the end of May 2018.
ICO Funds Raised in 2018
Total raised: $5,026,852,239
Number of ICOS: 780
Here is a breakdown of the month by month so far this year:
- January = $1,471,912,152
- February = $1,273,274,690
- March = $1,051,114,113
- April = $561,011,319
- May = $715,217,293
When you consider how slow the markets have been in the past 4-5 months compared to the June-December 2017 runup, this is quite an impressive feat for such a newly formed industry in the eyes of mainstream adoption and interest.
For more interesting reading on ICO's and the state of bitcoin, blockchain and cryptocurrencies check out these posts:
BitMEX Releases Bitcoin’s Economy Report, Discusses How Bitcoin’s Deflation Can Improve The World
New Study Shows 1 in 10 Americans Now Own Some Cryptocurrency
CoinDesk's State of Blockchain Trends, Data & Events in 2018 [Analysis Review]
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