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ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

ICObench-Report-ICO-and-IEO-market-shows-growth ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

The ICO and IEO industry is showing signs of growth due to positive investor sentiment, obviously spurred by a recent cryptocurrency rally.

These data published in the new report of the rating agency ICObench. As of May 21, the ICO's success rate has increased, reflecting an improvement in the quality of projects. 85% of all funds raised in May were received by projects with a high rating (3-3.5), while in April, the share of these ICOs accounted for 68% of the funds raised.

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Research: the number of ICOs presented in Q1 of 2019, significantly fewer then in Q4 of 2018

ICObench-number-of-ICO--in-Q1-of-2019 ICO bench Research: the number of ICOs presented in Q1 of 2019, fewer then in Q4 of 2018

In the first three months of this year, less than 350 ICOs held, which is almost two times less than in the previous quarter. However, in terms of the amount of funds raised, the gap is not so large - if in the 4th quarter of 2018 the ICO collected about $ 1.5 billion, in the first quarter of this year the amount of funding amounted to about $ 1 billion.

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