ico market - icobench market weekly review 20 by icobench (august 10, 2018).pdfico market overview...
TRANSCRIPT
Welcome to ICO Market Weekly Review. This report aims to be your guide to the ICO market and the blockchain community and is based on the data that we carefully gather at ICObench.
Increasing popularity of initial coin offering as the means of funding a startup brought particular attention to the ICO market and made the blockchain communi-ty grow drastically. In this situation, it is crucial not only for the investors but also for the media and research agencies to have a trustful and complete source of informa-tion about the ICO market.
With over 4,050 projects and 60,000 professional profiles in enterprise and block-chain published on the platform, we can ensure a clear outlook of the market and its community.
We have processed and organised a huge amount of data for this report to show you the ICO market and its community’s widely differing sides - specifically ICO market size for a variety of industries, projects trending this week and countries leading in “crypto”.
We hope that the data in the report will be useful to you and your audience. We are happy to have you with us and are looking forward to your feedback on what other information you would like to see in the ICO Market Weekly Review.
ICObench Team
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Table of content
1. ICO Market Overview 4
1.1. Top 5 ICOs completed recently 4
1.2. Top 5 ICOs completed in July 2018 5
1.3. Top 5 ICOs to date 6
1.4. Top countries on the ICO market 7
1.5. Top platforms used by ICOs 8
2. Trending ICOs 9
2.1. Top 5 ongoing ICOs 9
2.2. Top 5 ICOs launched this week 08.06-08.12.2018 9
3. ICO market size 10
3.1. ICO market size per week 07.09.2018-08.06.2018 10
3.2. ICO market size per month for the past 12 months 11
3.3. ICO market size per industry for the past 12 months 12-13
4. ICO market performance 14
4.1. ICO performance rate for the past 12 months 14
4.2. ICO performance rate by industry 15-16
5. Blockchain community 18
5.1. Top 10 People of blockchain 18
5.2. Top 10 ICObench experts 19
5.3. Top 10 ICO agencies 20
6. ICO Market Insider 21
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1. ICO Market Overview
As a rating platform, we pay more attention to best ranking ICOs. Our evaluation systemis based on a combination of the ICO profile rating based on our own algorithmthat uses more than 20 different criteria and the ratings provided by the independentexperts. On the other hand, it is highly important how much a project raised during itsICO and how the number and the value of the ratings could affect the number of fundsraised. In this section, we try to build a picture of this interrelationship.
1.1. Top 5 ICOs completed recently
ICO Funds raised
#1 London Football Exchange $71,320,000
#2 4NEW $42,100,000
#3 Datareum $5,144,571
#4 AISI Coin $5,000,000
#5 Inmediate $5,000,000
By the amount of funds raised
ICO Rating
#1 SKYFchain 4.6
#2 TimeBox 4.6
#3 TraXion 4.5
#4 Worldopoly 4.5
#5 Tradelize 4.5
By rating
ICO Rating Funds raised
#1 Datareum 4.3 $5,144,571
#2 Streamity 4.2 $4,200,000
#3 4NEW 4.1 $42,100,000
#4 Gamblica 4.0 $1,371,565
#5 Bitto Exchange 3.8 $1,104,454
By rating and amount of funds raised
ICO #Ratings
#1 SKYFchain 61
#2 Worldopoly 30
#3 Photochain 29
#4 TraXion 29
#5 TimeBox 29
By the number of ratings
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1.2. Top 5 ICOs completed in July 2018
ICO Funds raised
#1 Cryptosolartech $68,280,620
#2 Online $50,000,000
#3 Liquidity.Network $26,029,981
#4 Essentia $25,500,000
#5 TravelBlock $25,200,000
By the amount of funds raised
ICO Rating
#1 FTEC 4.7
#2 Nauticus 4.6
#3 ZeroState 4.6
#4 VRT 4.5
#5 Elysian 4.5
By rating
ICO Rating Funds raised
#1 FTEC 4.7 $995,000
#2 Nauticus 4.6 $16,916,000
#3 Xriba 4.5 $12,600,000
#4 Elysian 4.5 $7,000,000
#5 VRT 4.5 $2,402,311
By rating and amount of funds raised
ICO #Ratings
#1 Etheal 59
#2 Open Source University 40
#3 ZeroState 33
#4 Wemark 32
#5 TV-TWO 32
By the number of ratings
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1.3. Top 5 ICOs to date
ICO name Raised
#1 EOS $4,197,956,135
#2 Telegram Open Network $1,700,000,000
#3 TaTaTu $575,000,000
#4 Dragon $320,000,000
#5 HDAC $258,000,000
By the amount of funds raised
ICO name Rating
#1 Truegame 4.7
#2 FTEC 4.7
#3 Karatgold Coin 4.7
#4 Squeezer 4.6
#5 Sharpay 4.6
By rating
By both rating and amount of funds raised
ICO name #Ratings
#1 Sharpay 103
#2 Truegame 91
#3 WePower 81
#4 Friendz 64
#5 Faceter 61
By the number of ratings
ICO name Rating Funds raised
#1 Karatgold Coin 4.7 $100,000,000
#2 Truegame 4.7 $3,426,445
#3 FTEC 4.7 $995,000
#4 Friendz 4.6 $27,525,000
#5 Nauticus 4.6 $16,916,000
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Russia
Cyprus
Singapore
Estonia
Switzerland
UK
Slovenia
USA
1.4. Top countries on the ICO market
Countries & PlatformsThe ICO market has its leaders presented not only as projects but also as countries and the platforms the project
teams build their ICOs on. The map above shows the countries those became leaders in the following criteria: the
number of ICOs, the number of ICOs per 1 million people, and the total sum of funds raised by the projects from the
country.
As you can see, Ethereum has become a market standard. At the same time, today many projects base their products
on Waves platform and other runners-up.
512 ICOs#by the number of ICOs
$6,900,631,444#by raised funds
320 ICOs#by the number of ICOs
$1,059,451,525#by raised funds
261 ICOs#by the number of ICOs
$2,293,096,201#by raised funds
$1,574,701,339#by raised funds
22.4 ICOs per 1M people#by the number of ICOs per 1 million people
349 ICOs#by the number of ICOs
$1,618,192,557#by raised funds
59.2 ICOs per 1M people#by the number of ICOs per 1 million people
19.7 ICOs per 1M people#by the number of ICOs per 1 million people
33.1 ICOs per 1M people#by the number of ICOs per 1 million people
201 ICOs#by the number of ICOs
145.8 ICOs per 1M people#by the number of ICOs
per 1 million people
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1.5. Top platforms used by ICOs
Platform ICOs % Avg.rating Avg.raised
#1 Ethereum 3,264 80.33% 2.9 $5,003,807
#2 Waves 104 2.56% 2.4 $1,223,155
#3 Stellar 40 0.98% 3.2 $6,086,046
#4 NEO 26 0.64% 3.3 $3,806,275
#5 NEM 17 0.42% 3.1 $3,744,678
#6 EOS 16 0.39% 3.6 $-0
#7 Scrypt 15 0.37% 2.1 $1,386,517
#8 Separate blockchain 12 0.30% 2.9 $4,081,755
#9 Ethereum and Waves 9 0.22% 2.1 $451,303
#10 Bitcoin 9 0.22% 1.8 $7,019
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2. Trending ICOs
The ICO market is changing every day, crowning the projects those succeed to reach the per-fect combination of team, vision, and product as well as the hype around them and leaving the losers behind. In this section, we provide this week’s leaders of the market according to their mark and the number of ratings on our platform.
ICO name Rating
#1 Eternal Trusts 4.7
#2 INTRO 4.6
#3 SKYFchain 4.6
#4 TimeBox 4.6
#5 Enlte 4.6
By raiting
ICO name Rating
#1 SKYFchain 61
#2 Iagon 33
#3 INTRO 33
#4 Worldopoly 30
#5 Photochain 29
By number of ratings
By rating
ICO name #Ratings
#1 buglab 19
#2 GCOX 18
#3 Opporty 14
#4 ORCA 12
#5 Developeo 7
ICO name Rating
#1 ORCA 4.4
#2 Usechain 4.3
#3 Boomstarter.Network 4.3
#4 Alive Casino 4.3
#5 SilkChain 4.2
By the number of ratings
2.1. Top 5 ongoing ICOs
2.2. Top 5 ICOs launched this week 08.06.2018-08.12.2018
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3. ICO market size
The initial coin offering has become one of the fastest growing means of investment by the end of 2017. The size of ICO market had its ups and downs over 2017 and, at the moment, has slightly lowered after the peak in December. In this section, we wanted to give you the big pic-ture of the size of the market, split into two major categories: market size per month and week and the market size per industry.
Week #ICOs Funds raised Avg.funds raised/ICO
Jul 30th, 2018 - Aug 6th, 2018 32* $213,041,632* $6,657,551*
Jul 23rd, 2018 - Jul 30th, 2018 16 $127,024,322 $7,939,020
Jul 16th, 2018 - Jul 23rd, 2018 19 $205,978,723 $10,840,985
Jul 9th, 2018 - Jul 16th, 2018 14 $107,082,807 $7,648,772
3.1. ICO market size per week 07.09.2018-08.06.2018
* this data will be updated
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3.2. ICO market size per month for the past 12 months
Month #ICOs Funds raised Avg.Funds raised
August 2018 10* $94,165,736* $9,416,574*
July 2018 86 $688,090,877 $8,001,057
June 2018 99 $1,515,866,836 $15,311,786
May 2018 126 $1,071,855,244 $8,506,788
April 2018 107 $1,059,069,548 $9,897,846
March 2018 116 $1,735,377,226 $14,960,149
February 2018 105 $1,509,137,748 $14,372,740
January 2018 71 $1,365,515,824 $19,232,617
December 2017 89 $1,626,953,231 $18,280,373
November 2017 65 $749,225,976 $11,526,553
October 2017 69 $913,172,460 $13,234,383
September 2017 51 $837,753,177 $16,426,533
* this data will be updated
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Category #ICOs Raised Avg. raised
Platform 1,654 $9,843,570,466 $5,951,373
Cryptocurrency 1,122 $11,332,901,968 $10,100,626
Business services 709 $2,999,278,539 $4,230,294
Investment 542 $2,332,263,609 $4,303,069
Smart Contract 478 $1,200,508,751 $2,511,525
Software 477 $2,157,092,147 $4,522,206
Internet 374 $1,764,258,186 $4,717,268
Infrastructure 336 $3,085,466,958 $9,182,937
Entertainment 321 $1,238,042,311 $3,856,830
Artificial Intelligence 306 $665,005,482 $2,173,221
Banking 301 $2,617,870,933 $8,697,246
Big Data 284 $756,784,445 $2,664,734
Communication 258 $1,139,379,175 $4,416,198
Media 195 $1,330,234,691 $6,821,716
Other 189 $444,114,903 $2,349,814
Retail 173 $655,316,089 $3,787,954
Health 146 $423,072,118 $2,897,754
Education 125 $197,760,325 $1,582,083
(see the next page)
3.3. ICO market size per industry for the past 12 months
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Category #ICOs Raised Avg. raised
Real estate 117 $310,598,500 $2,654,688
Energy 93 $435,645,309 $4,684,358
Tourism 90 $151,388,902 $1,682,099
Sports 87 $283,189,236 $3,255,049
Manufacturing 86 $235,850,504 $2,742,448
Virtual Reality 83 $203,798,716 $2,455,406
Casino & Gambling 82 $601,612,342 $7,336,736
Legal 62 $141,969,715 $2,289,834
Electronics 51 $292,668,844 $5,738,605
Charity 51 $75,428,345 $1,478,987
Art 43 $71,510,399 $1,663,033
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4. ICO market performanceThere are two factors of financial success for any ICO: reaching their hard cap during the initial coin offering and having a big ROI (return on investment) after it. In this section, we show the market’s situation by the performance rate and ROI for the past 12 months and for all industries represented on our platform.
% reached HC
% reached SC
* this data will be updated
4.1. ICO performance rate for the past 12 months
**
2017 2018
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4.2. ICO performance rate by industry
This graph is showing the percentage of the ICOs that reached soft and hard cap in the past 12 months by industry.
% reached soft cap
industries
% reached hard cap
Category Raised ICOs % reached SC % reached HC
1. Platform $9,843,570,466 1654 37.06% 34.16%
2. Cryptocurrency $11,332,901,968 1122 38.32% 35.92%
3. Business services $2,999,278,539 709 38.93% 35.40%
4. Investment $2,332,263,609 542 40.22% 37.27%
5. Smart Contract $1,200,508,751 478 25.10% 24.90%
6. Software $2,157,092,147 477 37.95% 34.59%
7. Internet $1,764,258,186 374 36.63% 32.89%
8. Infrastructure $3,085,466,958 336 30.95% 29.76%
9. Entertainment $1,238,042,311 321 39.25% 33.33%
10. Artificial Intelligence $665,005,482 306 22.55% 22.55%
11. Banking $2,617,870,933 301 44.52% 39.53%
12. Big Data $756,784,445 284 26.41% 25.70%
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Category Raised ICOs % reached SC % reached HC
13. Communication $1,139,379,175 258 34.50% 32.56%
14. Media $1,330,234,691 195 35.90% 33.85%
15. Other $444,114,903 189 26.46% 25.40%
16. Retail $655,316,089 173 29.48% 27.17%
17. Health $423,072,118 146 25.34% 24.66%
18. Education $197,760,325 125 20.80% 20.80%
19. Real estate $310,598,500 117 37.61% 35.90%
20. Energy $435,645,309 93 30.11% 30.11%
21. Tourism $151,388,902 90 36.67% 35.56%
22. Sports $283,189,236 87 42.53% 39.08%
23. Manufacturing $235,850,504 86 19.77% 19.77%
24. Virtual Reality $203,798,716 83 20.48% 19.28%
25. Casino & Gambling $601,612,342 82 51.22% 45.12%
26. Legal $141,969,715 62 27.42% 27.42%
27. Charity $75,428,345 51 19.61% 19.61%
28. Electronics $292,668,844 51 29.41% 29.41%
29. Art $71,510,399 43 23.26% 18.60%
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5. Blockchain community
#1
#4 #7
#10
#6#5
#9#8
#2 #3Simon Cocking Ian Scarffe Nikolay Shkilev
241.6ISS85
ICOs
232.5ISS70
ICOs
187.5ISS54
ICOs
Vladimir Nikitin Hung Chih (Jason Hung)
Jeremy Khoo
Ismail MalikNaviin Kapoor
Anders Larsson Amarpreet Singh
147.8ISS
117.3ISS
110.8ISS
137.3ISS
112.6ISS
143.2ISS
112.4ISS
35ICOs
44ICOs
27 ICOs
35ICOs
32ICOs
43ICOs
33ICOs
5.1. Top 10 People of Blockchain
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#3#2#1Hung Chih (Jason Hung) Igor Karavaev Luca Cotta
394 290 89/100
142 117 83/100
488 240 84/100
149 113 84/100
480 167 88/100 224 84 85/100
231 148 89/100 580 186 90/100 374 130 89/100
Rating
Rating
Rating
Rating
Rating Rating
Rating Rating Rating
Reviews
Reviews
Reviews
Reviews
Reviews Reviews
Reviews Reviews Reviews
Weight
Weight
Weight
Weight
Weight Weight
Weight Weight Weight
#5#4
#9
#7
#8
#6Nathan ChristianDouglas Lyons
Paul Maers
Mofassair Hossain
Tyler Sanford
Nikolay Shkilev
5.2. Top 10 ICObench experts
162 161 83/100 Rating Reviews Weight
#10
Richard Kastelein
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Agency ISS #ICOs
#1 Coinzilla 253.8 92
#2 AmaZix 240.0 80
#3 MarketAcross 232.6 54
#4 ICO-TOP 165.2 48
#5 TokenSuite 154.0 62
#6 ICO Vortex 120.4 53
#7 Bountyhive 119.9 41
#8 ForkLog Consulting 112.5 18
#9 FoxTail Marketing 109.2 30
#10 ICOBOX 106.6 41
5.3. Top 10 ICO agencies
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6. ICO Market Insider
We have asked our top experts to comment on the market trends and give their forecast for the upcoming week.
Paul Scott
ICO AdvisoryDecentralization
Paul Cliffe
ICO advisorCrypto-asset and
ICO investor LibertarianCEO of Block Venture Project
8ICOs
2ICOs
The quiet period of summer is upon us and we are experiencing the usual calm before the storm. Token sales have entered that slightly scary period where founders, teams and advisors are working incredibly hard to get contributors interested in their offering and excited about the amazing technology they are building and much of what we see coming into the market is quite amazing.We are also seeing the advent of projects in industries where successful projects have gone before them. Areas such as financial services, healthcare, platform/exchange development and AI are all becoming quite saturated in market terms, and I wonder how many more remittance products (for example) that are not extremely targeted and with a deep technological edge at their core the market can withstand?This said, there is something about projects that have proven technology behind them that massively appeals to me. If you have been even modestly successful in the Software as a Service realm, and you’re pivoting to blockchain technology, your capital raising via token sale stands a really strong chance of being successful. Couple this with a proven team who have worked together for some time (and most preferably since stage-up stage) and you have what I believe is a recipe for something very strong. Customers that pay for your services already are the true benchmark and I generally look at this as one of the first things to focus on when performing an assessment or due diligence.As we enter the fall months (in the Northern hemisphere), I believe the market has a chance to find its bottom, and the mainstream adoption we are witnessing, and will continue to witness, will indeed create the underpin to the technology (and by default the transactional necessity), to push the markets into new upwards trends. One thing is for sure, it will not be boring.
This week has been an absolute bloodbath for nearly every coin. But it is August and all markets tend to become listless whilst major players take their holidays, so it’s a case of ‘hodl and see’ whilst we ride out the rest of the month.From an ICO perspective, the advice I’d give to teams fundraising is cover every angle. Large investors are very quick learners and the avarice of the market last year has given people a steep learning curve. If you’re looking to raise a hard cap of $50m, you need a flawless whitepaper, a business plan with a business development and marketing strategy, target audience and projections. If these points aren’t considered, why should a family office trust you with their money? If you can’t prove a business case and how your project will create and/or fill a demand that isn’t catered for at the moment, why would anybody want to purchase your tokens in the first place? The FT were quoted as saying a lot of ICOs create ‘solutions looking for problems’ and, as much as I hate their condescending and bias coverage of all things crypto related, this is a strong starting point for all projects. Solve a problem with a worthwhile solution and the funders and users will come.This week, we’ve been working with our contacts to create a more favourable, less risk based solution to investing in ICOs, making the proposition more attractive for both founders and funders, so we could be seeing the start of ‘ICO 2.0’ if we can circumvent securities laws whilst doing so. If so, it could make ICO fundraising just that little bit easier for projects in future.
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Nikolay Zvezdin
CIO at Envinary
5ICOs
In the past few weeks we saw BTC breaking its resistance level and going as high as $8.4k, with later decline back to $7.0k and lower. Such price behavior identifies nothing more but a well-known fact that crypto-market overall is still in its infancy stage, when market can change its capitalization by >20% within few weeks and loose over $50bn in value (crypto-marker cap, excluding BTC) without any significant fundamental change. This market infancy brings nothing but substantial losses to unprepared investors, starting from attempts to participate in arbitrage trade, mine coins, invest in crypto-assets and invest in ICOs that have no fundamental value and are conducted just for the sake of conducting them; and significant returns to the ones with medium-to-high level of market understanding by benefiting from existing market inefficiencies and exploiting opportunities.ICO-market is of no exception from the above. Most founders lack a basic general knowledge of real business and care only about the U.S. Dollar / BTC / ETH amount raised while ignoring critical issues, some of which are as basic as Уif you raise X amount in X-token, how to transfer these funds to fiat currency legally and what taxes will arise for business? Will that be affected by the amount raised? Which bank will allow crypto-fiat transactions, that is reliable and will not freeze all funds per the request of financial regulator. Therefore, most ICOs are conducted with a logic why not to tokenize X and priced in a way Уwhy would it have any other price without any fundamental evidence or reasoning. That brings the corresponding results to unaware investors, and significant returns to the ones exploiting such opportunities. However, there is a hope for future. As most markets mature, so will the crypto-asset market, and global regulators are working hard towards that goal by implementing preventive regulations and necessary laws. Due to this, we begin to see the emergence of ICOs 3.0. When ICOs 1.0 started they were relying purely on in-house cooked Whitepapers and some basic marketing documents; ICOs 2.0 started to mask inefficiencies by using PR & marketing agencies, hardcore marketing techniques and bringing well-known people to the advisory team just for the sake of exploiting their name and popularity; ICOs 3.0 start to make real business, hire professional consultants and advisors for real work, establish real legal entities and abide regulations. However, currently less than 0.1% of all ICOs can be categorized as ICO 3.0, therefore, we are yet to see significant declines of market cap for most of crypto-projects which would benefit wise investors and bring lawsuits to the founders of raise-a lot-and make another ICO / raise-a lot-and forget about it projects.This is why, it is imperative for every investor to make an informed decision for themselves whether they are long-term investors, in which case they should stop paying attention to what the crowd and news say and make a throughout research of their holdings while ignoring short-term price fluctuations (as price is not the same as value); or they are speculative investors with necessary skills and capabilities who base their decisions on every single piece of available information and exploit all opportunities starting from mining to leveraged trading and arbitrage.
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