Statistics Show Nearly 81% of ICOs Eventually Become Scams

The Merkle Thu, 29 Mar 2018

Initial coin offerings are often considered to be the holy grail for blockchain projects. This business model allows anyone with an innovative idea to potentially raise millions of dollars. Unfortunately, the overall ICO statistics are anything but impressive in this industry right now. The ICO Industry is Still Troubled While most people will readily agree there are just too many ICOs to keep tabs on right now, it is evident there are plenty of other concerns as well. Not all of these companies will be successful in the long run, with a lot of them disappearing before the projects can