The 2018 cryptocurrency markets, famous for two things, the crypto boom which helped lift Bitcoin to $20,000.00 and of course, a surge in ICO adoption. 2018 saw a record amount of Initial Coin Offerings (ICOs) take place. During this time, an awful lot of ICOs did fail, for obvious reasons too, some, however, did manage to take off and in turn ended up funding some of 2018’s crypto success stories.
As we enter 2019 however, we have to explore how ICO culture has changed over the year, in line with the sinking optimism following the markets. ICO funding is down by a huge amount, December 2018 marked the lowest funding totals through ICO campaigns across the entire year, in a trend that has only continued into 2018. According to icodata.io, in January 2018 the markets saw around $1,400,000,000 raised via ICO campaigns. By December however, this number had sunk to less than $100,000,000 after a steep decline through the year.
According to Hackernoon, in 2019 so far, we have only…
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