According to the authors – Hugo Benedetti, assistant professor at the Carroll School of Management and finance PhD student Leonard Kostovetsky – less than half of all new ICOs survive more than four months after launch.
They estimated that the survival rate of the startups, 120 days after the end of the sale, was only 44.2%.
The assumption is that companies that are inactive on social media in the fifth month most probably did not survive.
The survival rate has been calculated as an average figure for three categories of ICOs, Business Insider reports.
“What we find is that once you go beyond three months, at most six months, they don’t outperform other cryptocurrencies,” Kostovetsky told Bloomberg.
Binance founder CZ is sentenced to four months in prison for regulatory failures on the crypto exchange platform.
The post Binance founder Changpeng Zhao sentenced to four months in prison appeared first on Crypto Briefing.
Stepn’s price looks extremely oversold following several drops in the last four months. It has lost over 50% during this dip and also trades near its previous bottom with no sort of recovery at the moment.
New academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while […]
The post Less Than Half of ICOs Survive Four Months After Sale, Study Finds appeared first on Bitcoin News.
A recent study by Boston College reveals that cryptocurrency ICOs have a short shelf life. Despite the hype and the millions of dollars raised by these projects, many of them do not last for more than a few months.
A new study out of Boston University has found that at over half of crypto startups that complete fundraising through an ICO is dead within four months of their coin launch. Only 44% of ICOs Survive 120 Days As the ICO has become the preferred method for emerging tech companies to raise funding the space.
Порядка 56% ICO-стартапов прекратили существование в течение первых четырех месяцев после окончания токенсейлов. About 56% of crypto startups that raise money through token sales die within four months of their initial coin offerings https://t.
Cryptocurrency run ‘utopias’ are popping up on both land and sea. These blockchain backed projects, outfitted with sustainability technology, paint a possible look into the future. On Land: Bitcointopia in Nevada Local news outlet The Nevada Independent, reported today that Bitcointopia, Inc.
According to Crypto Fund Research, these are the 10 most important and influential venture capital companies investing in blockchain and cryptocurrency companies — ranked according to four key criteria: value of total blockchain investments, total number of blockchain investments, length of blockchain investment experience, and level of investment activity in the last 12 months
As does the data on how the ICO market has changed into 2018. The biggest month for ICO investment was just four months ago, and 2018 has also seen the time taken to complete and ICO, and success of these projects, shift significantly since 2017. In the latest trends, it is still the United States
As we settle into July 2018, we want to explore some of the coins that have the potential to breakout this month. This is mostly because we want to inject some faith back into the markets. The past few months have been pretty low for the value of cryptocurrencies and as a result, the community is feeling a little withdrawn.
The latest report from the ‘Big Four’ financial auditing giant PricewaterhouseCoopers (PwC) that Initial Coin Offerings are gaining a lot of momentum and has managed to raise a staggering amount of $13.
This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model.
Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise.
Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months.
Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token.
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. The problems seem to be […]
In just a few short months, the world’s attention will turn to Russia and the 2018 World Cup. This gathering of the globe’s best is a showcase for both team talent and national pride. It’s also an apt analogy for how to win in global payments today.
Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.
Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
Wintermute founder Evgeny Gaevoy refutes claims that the market maker has plans to sue Binance after the losses incurred during the Oct. 11 market crash. In a recent post shared on Nov. 4, the platform’s chief executive officer and founder…
Thumzup is deploying Dogecoin as a strategic rail, aiming to bypass traditional banking bottlenecks and facilitate near-instant cross-border payments to a burgeoning global network of content creators.
Binance founder Changpeng Zhao has accidentally sparked a token rally after Giggle Academy received $11 million worth of BNB donations from the crypto community. On Oct. 10, Changpeng Zhao announced that as much as $11 million has been donated to…
Polychain CEO Olaf Carlson-Wee say retail and institutional investors have different ways of approaching meme coins, with virality being a core value that drives the market. At the Token2049 conference in Singapore on Oct.
X has suspended the account of R2 Protocol, a decentralized yield platform for real-world assets, just after the platform’s mainnet launch. The R2 Protocol launched its mainnet on Ethereum, going live on Sept. 26 as the onchain yield platform looked…
Crypto scammers and other malicious actors ran a bribery network that targeted employees of the social media network X, with the goal of having suspended accounts reinstated, X said Friday. X noted that it was taking strong action after exposing…
Elon Musk files a motion to dismiss the U.S. Securities and Exchange Commission’s civil lawsuit which alleged that he waited too long before revealing his large purchase of Twitter shares. In a recent filing to a federal court judge, Elon…