August ICO Funding Dominated by VCs So Far - ICORating Research

The share of venture capital and institutional fund in initial coin offering (ICO) funding rounds continues to increase. Funding figures for the first half of August indicate that VC and private funding is dominating the market for the first half of August 2018.
A new report from ICORating compiles ICO funding data gathered from July and August 2018 and breaks it down by source. We found that ICOs raised $946.1 million in July, with VC and private funding comprising $274.1 million, or about 29 percent of the total. However, ICOs raised $805.9 million in the first half of August, with VC and private funding comprising 80 percent of the total.
Our data from the first half of August indicates that the ICO funding situation is now heavily dominated by VC and private funding. Of the 33 successful ICOs conducted in August so far, VCs and private funding accounted for 24 projects, or about 73 percent.
Furthermore, according to our data, ICOs that focus on attracting VC capital have so far raised more money than projects conducting traditional crowdsales in August. VC-funded projects raised an average of $49.6 million, whilst ICOs relying on crowdsales brought in an average of $17.9 million.
Find the complete report here.