The ICO phenomenon in 2017 was the best investment of the moment

The ICO phenomenon in 2017 was the best investment of the moment

Recent research by Messari Crypto shows that the best time to invest in ICOs was in 2017. Despite the fact that 2018 was the year of ICOs, the projects launched in 2017 have produced better results.

The ICO phenomenon in 2017 provided returns between 41% and over 500%, depending on the initial sale price. This was largely due to the low price of Ethereum (ETH), and the subsequent growth provided significant project revenue.

An example is the Stratis project (STRAT), which jumped from $ 0.002 to $ 20. Ethereum (ETH) itself was a very successful ICO, with a sale price of $ 0.50 and a peak over $ 1,400.

Top successful projects 2017

The top ICO projects of 2017 in relation to the profits generated include Chainlink (LINK), TRON (TRX) and 0x (ZRX). The growth of these tokens varies from almost 300% to over 5000%.

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Other successful ICOs with over 100% ROI are Basic Attention Token (BAT), Qtum, Metal (MTL), Tezos (XTZ) and Enjin Coin (ENJ).

2018, a disappointing year

The year 2018 registered the record regarding the funds raised in the ICO and the number of projects listed. Despite the hype and promising projects, most tokens have come to value less than their selling price. The only notable exception is Theta Token (THETA), which has increased almost 47% over the launch price. The evolution is largely due to the launch of the March 2019 mainnet.

Significant decrease for the ICO phenomenon in 2019

In the second half of 2019, ICOs are almost gone. In total, 98 token sales were registered this year. To date, there has been no other fundraising system to replace the ICO phenomenon. The offers of security tokens have failed to spread, due to the difficulties of compliance.

IEO offers have managed to achieve short-term profits of up to 1,000%. Over time, however, most IEO tokens have fallen below the original selling price.

ICOs have also experienced pressure from regulatory authorities. The SEC has taken action against numerous projects that wanted to sell tokens through an ICO. Highlights include EOS, which was fined $ 24 million, and ICO Telegram which was recently blocked.

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The loss of interest in ICOs was caused by the SEC’s position that most tokens are actually securities and as such must be registered. Start-ups have preferred not to take the risk of sanctions by launching new ICOs.


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