ICORating’s 2017 Annual Report — A Year in Review for the ICO Industry
2017 was a great year for ICOs in general, and market investors reacted to them with corresponding interest expressed in large amounts of funding. How this investment was distributed, which projects were the most attractive to investors, which countries bear the most profitable ICOs — all that and a lot more can be learned from ICORating’s 2017 Annual Report. We have analyzed the trends forming in the ICO market and are glad to present the results of our research in the form of a thorough and complete report which highlights the following facts:
Only 24% of ICOs conducted in 2017 had official legal status, and only half of the projects raised more than $100,000.
Median funding raised was $1.7m, while the median amount of venture capital money invested in seed and angel deals was 3 times less - around $0.54m.
The median return on tokens for the year 2017 was 116.63%.
Only a third of ICOs were able to be listed on exchange markets.
Read the rest of the report on our website.