BitMEX: IEOs raised $39M, but projects keep 95% of tokens on average

BitMEX: IEOs raised $39M, but projects keep 95% of tokens on average
фото показано с : thenextweb.com

2019-5-13 17:35

Initial exchange offerings (IEOs) have raised $38. 9 million with token sales in 2019, reports BitMEX Research, the analytics arm of cryptocurrency exchange BitMEX. While early IEO investors have had lots of opportunity to profit, returns have been typically poor once the tokens become tradable.

On average, the teams behind IEO tokens were found to have made just 4. 4 percent of the total supply available for purchase. The remaining tokens will be kept to fund development of related projects by selling them through cryptocurrency exchanges like Binance and Huobi. So far, the amount raised through IEOs is comparatively small to the $12. 8 billion…

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Фото:

ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also suggests ICO teams “gave to themselves” tokens worth over $24 billion at the time of issuance.

2019-1-16 20:00