ICO Data Reveals $5 Billion Funds Raised For Tokens in January-May 2018
According 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: