ICORating Releases Quarterly Report (Q3 2018) | News ICORating
  1. Home
  2. News
  3. Market

ICORating Releases Quarterly Report (Q3 2018)

ICORating Releases Quarterly Report (Q3 2018)

ICORating’s analysts have released their trademark quarterly report for Q3 2018. The ICO Market Research report is a comprehensive analysis of the trends and latest developments in the market.

Topics covered in the report include the distribution of projects by location and industry, token sale structure, post-ICO performance, institutional funding and others. The report is built on comprehensive analytical data and insights. Here are the most important insights:

597 ICO projects were staged in Q3, (compared to 827 ICOs staged in Q2); of these, 43% were able to raise more than $100,000 and only 4% were able to be listed on exchanges. Projects fell into two groups by amount raised $1-5 million (13%) and $10-25 million (9%).

London Football Exchange, Cryptosolartech and Alchemy were the projects attracting the largest amount of funds. The average funding attracted by the top 3 ICOs was $33 million. EOS still tops the list of ICOs in terms of funds raised in Q1-Q3, followed by Telegram.

ICO organizers offered different types of crypto assets for sale with service tokens (49.05%) and utility tokens (25.3%) continuing to lead the way. On the other hand, compared to Q2, the number of projects offering utility tokens decreased by 10%, while the share for security tokens increased by 1.66%.

Projects from energy & utilities, real assets and legal services showed the largest median hard caps. The most popular industries by number of projects are energy & utilities, financial services and trading. Financial services, blockchain infrastructure and banking & payments were the industries where the largest funding amounts were raised.

In Q3 the majority of projects were based in Europe (43%), which became the leader in terms of fundraising as well (48%, or $663 million). Asia showed a 65% decrease in funds raised and a 10% drop in the number of projects launched.

Download the full report for more data, insights and analysis here

Latest news

Japan Regulatory Authority Publicly Warns an Overseas Crypto Exchange

SB 101, a Gibraltar headquartered e...
21 Feb 2019

Top Tokens by Daily Trade Volume: Feb, 19

Top tokens by daily trade volume in...
21 Feb 2019

Investment News + DEX: dLab/EMURGO, Beam, and Nash

The dLab and EMURGO accelerator pro...
20 Feb 2019

Top Tokens by Transactions Count: Feb, 19

Top tokens by transactions count in...
20 Feb 2019

ICORating Weekly Report: 7th Week of 2019

This report includes data on severa...
20 Feb 2019