Weekly ICO Market Analysis [June 18-24, 2018]

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News

Information as of June 25, 2018

This report was created by:

This report presents data on ICO market changes during 2018. Special emphasis has been placed on an analysis of the changes that have taken place in June 2018, including over the past week (June 18-24, 2018).

1. General analysis of the ICO market (by week, month)

1.1. Brief overview of ICO market trends

Table 1.1. Brief ICO market overview, key events, news for the week of June 18-24, 2018

Factors and events

(link to source)

Date of news Description Type of impact
1.                     Chain Accelerator Opens Its Doors to Blockchain, Crypto Startups in France [source: Bitcoinmagazine] June 19, 2018 A Chain Accelerator, a project for integration and development of blockchain, has been launched in France. French financiers believe that the blockchain incubator will help attract startups to France and make Paris the ICO capital of the world. Favorable

ICO ⇑

 

 

2.                     Turcoin Scam – Turkish Virtual Currency Company Dupes Thousands [source: Ambcrypto] June 19, 2018 The creators of the Turkish cryptocurrency Turcoin have left the country together with $212 million. According to the Turkish media, 10,000 backers were duped. Unfavorable

ICO ⇓

 

3.                     John McAfee Ceases His Public Support for ICOs Due to Pressure from SEC [source: Coinspeaker] June 20, 2018 The cryptocurrency expert took this decision due to “threats” from the SEC. He believes that all ICO organizers should “look forward to arrest.” Uncertain

ICO

4.                     A Japanese Village Called Nishiawakura To Launch Japan’s First Municipal ICO [source: Hibusiness] June 22, 2018 After the offering, the authorities hope to receive additional opportunities to attract upfront investments to the region, thereby ensuring “sustainable economic development.” The population of the village is only 1,500, but it maintains its economic independence. Favorable

ICO ⇑

 

 

Table 1.2 shows the development trends on the ICO market since the start of the second quarter of 2018. Only popular and/or successfully completed ICOs (i.e. ICOs which managed to collect the minimum declared amount of funds) and/or ICOs listed on exchanges were considered.

Table 1.2. Aggregated trends and performance indicators of past (completed) ICOs1,2,3

Indicator April

2018

May

2018

Jun 1-3,

2018

Jun 4-10,

2018

Jun 11-17,

2018

Jun 18-24,

2018

Total amount of funds collected, USD million 1 064 1 747 133.2 206.8 257.8 748.1
Number of companies that completed an ICO1 104 118 12 16 21 17
Maximum collected, USD million (ICO name) 133 (Basis (previously Basecoin)) 72 (Flashmoni) & 118 (Orbs) 35 (Card

stack)

47.8 (Hybrid

Block)

42.3 (GoNetwork) 575 (TaTaTu)
Average collected funds, USD million 10.2 14.8 11.1 12.9 12.3 44

Note:
1 Data source: tokendata.io, icodrops.com, icodata.io, coinschedule.com, cryptocompare.com, smithandcrown.com. For some ICOs information may currently be incomplete (for instance, the amount of funds collected). ICOs that collected less than $100,000 were not considered.
2 Date when data was updated – June 25, 2018.
3 Not including EOS, which collected $4 billion or 7.12 million ETH over the year from June 26, 2017, to June 1, 2018.

The data for the previous period have been adjusted to account for the appearance of more complete information on past ICOs. Over the past week including Monday (June 18-25, 2018) the amount of funds collected via ICOs equaled $748.1 million. This amount consists of the results of 17 successfully completed ICOs, with the largest amount of funds collected equaling $575 million (TaTaTu ICO). The average collected funds per ICO project equaled $44 million (see Tables 1.2, 1.3). In total, more than 50 ICOs were completed last week.

Table 1.3. Amount of funds collected and number of ICOs

Month Collected,

$ million

Number of ICOs* Average collected,

$ million

January 2017 3.7 7 0.53
February 35.3 11 3.21
March 7.3 4 1.82
April 115.2 18 6.4
May 264.2 21 12.58
June 649.5 33 19.68
July 719.1 36 19.97
August 511.2 48 10.65
September 914.2 68 13.44
October 949.6 91 10.44
November 1 109 91 12.19
December 1 611.9 86 18.74
Total, 2017 6 890.1 514 13.4
January 2018 1 665 94 18
February 2018 2 679 90 29.8
March 2018 7 149 79 90.5
April 2018 1 064 104 10.2
May 2018 1 747 118 14.8
June 1-3, 2018 133.2 12 11.1
June 4-10, 2018 206.8 16 12.9
June 11-17, 2018 257.8 21 12.3
June 18-25, 2018 748.1 17 44
Total for 2018*** 15 650 551 28.4

* Data source: tokendata.io, icodrops.com, icodata.io, coinschedule.com, cryptocompare.com, smithandcrown.com.
Information on funds collected is not available for all ICOs (information for last week is tentative and may be adjusted). ICOs that collected less than $100,000 were not considered.
** More than 1,000 ICOs were performed in 2017. However, the data for the 514 largest and most popular ICOs, the data of which can be processed, were considered when calculating the total amount of funds collected during 2017.
*** Including the TON Pre-ICO-1,2 ($1.7 billion) and the Petro ICO ($5 billion). According to the data from the official website of the Petro ICO, Petro sales equaled more than $5 billion, which is equivalent to more than $4 billion euros or $31 billion yuan (http://www.elpetro.gob.ve/#about). However, the data on the amount collected by El Petro from some other sources differ. For example, according to criptomoedasfacil.com, the amount of funds collected cannot exceed $2.3 billion taking into account discounts, the project White Paper indicates $4.387 billion, and other sources mention the $3 billion stated, among others, by the President of Venezuela Nicolas Maduro.
**** Not including EOS, which collected $4 billion or 7.12 million ETH over the year from June 26, 2017, to June 1, 2018.
***** The data for 2018 have been updated (date updated: June 25, 2018).

Table 1.3 shows that the largest amount of funds was collected via ICOs in March 2018, mainly due to the appearance of major ICOs. The highest average collected funds per ICO was also seen in March 2018.

Figure 1.1. Trends in funds collected and number of ICOs since the start of 2017

1.2. Top ICOs of last week

Table 1.4 shows the ten largest ICOs of the week (including Monday, June 25, 2018).

Table 1.4. Top 10 ICOs in terms of the amount of funds collected (June 18-25, 2018)*

Name of ICO*** Category** Collected, $ million Date
1 TaTaTu Events & Entertainment 575 June 20, 2018
2 Coal Industry Coin Commodities 37.2 June 25, 2018
3 Acorn Collective Finance 26 June 24, 2018
4 Multiversum Infrastructure 20.4 June 24, 2018
5 GlitzKoin Commodities 18 June 25, 2018
6 CryptalDash Trading & Investing 15.3 June 19, 2018
7 Metronome Infrastructure 12.1 June 25, 2018
8 Mother Of All Tokens Trading & Investing 11.7 June 24, 2018
9 ICO HeadStart Trading & Investing 11.5 June 23, 2018
10 AIRBLOC Protocol Commerce & Advertising 10.4 June 19, 2018
  Top 10 ICOs* 738  
  Total funds collected from June 18-25, 2018 (17 ICOs)* 748.1  
  Average funds collected   44  

* When compiling the lists of top ICOs, information from the websites tokendata.io, icodrops.com, icodata.io, coinschedule.com and other specialized sources is used.
** The category was established based on expert opinions.
*** Only popular and/or successfully completed ICOs (i.e. ICOs which managed to collect the minimum declared amount of funds) and/or ICOs listed on exchanges were considered. Information may be incomplete for some ICOs (for instance, the amount of funds collected). ICOs that collected less than $100,000 were not considered.

The data for the previous period (June 18-25, 2018) may be adjusted as information on the amounts of collected funds by completed ICOs is finalized.

The leader of the week was the TaTaTu project. This ICO collected a surprisingly large amount of funds, and amounts to a video entertainment platform that will provide tokenized prizes for watching targeted marketing content.

Figure 1.2 presents the ten largest ICOs completed during the past week.

 Figure 1.2. Top 10 ICOs by the amount of funds collected (June 18-25, 2018)

1.3. Top ICOs in the Events & Entertainment category

The list of top ICOs by category is compiled with due account of the categories of the leading ICOs for the week. The TaTaTu project became the largest project in the Events & Entertainment category by the amount of funds collected via ICO (Table 1.5).

Table 1.5. Top 10 ICOs by the amount of funds collected, Events & Entertainment category

Name of ICO Category* Collected, $ million Date Token performance
1 TaTaTu Events & Entertainment 575 June 20, 2018 n/a
2 TRON Events & Entertainment 68.7 September 2, 2017 23.36x
3 VideoCoin Events & Entertainment 50 May 16, 2018 n/a
4 GIFTO Events & Entertainment 30 December 14, 2017 3.74x
5 Aventus Events & Entertainment 20.1 September 6, 2017 0.26x
6 Vice Industry Token Events & Entertainment 16.2 March 20, 2018 0.27х
7 Viewly Events & Entertainment 12 March 22, 2018 n/a
8 XPlay Events & Entertainment 10.0 August 30, 2017 n/a
9 GUTS Tickets Events & Entertainment 7.7 December 15, 2017 0.84x
10 SingularDTV Events & Entertainment 7.5 October 29, 2016 2.49x

* When compiling the lists of top ICOs, information from the websites tokendata.io, com, icodata.io, coinschedule.com and other specialized sources is used. The ICO project categories correspond to the information from the website coinschedule.com. If there is no information on the website concerning the project category at the time of compilation of this analytical report, the category is determined by experts.
** The top projects in this category completed in June 2018 are highlighted in red.

The leader of this category was the TaTaTu project, which plans to release films on blockchain. The project has a “star-studded” group of backers and sets itself ambitious goals. The developers plan to make the process of distribution of income between content producers and content viewers transparent. The more content a person or organization brings to the platform, the higher their income. TaTaTu is a project that takes the interests of users, advertisers, and content providers into account.

The project platform unites content from films, music, games, sport, and video clips. The unique nature of the idea lies in the fact that they will pay users for listening, watching, and playing on the platform.

At present, all projects from the top 10 in this category have a token performance indicator of 0.26x to 23.36x. One of the most successful exchange listing among those presented is the TRON project, as it has a current token price to token sale price ratio of 23.36x. When considering this indicator, it is important to remember that the TRON ICO was completed on September 2, 2017, i.e. the 23.36x growth took place over less than ten months. TRON’s current market capitalization exceeds $2.75 billion.

 Figure 1.3. Top 10 ICOs by the amount of funds collected, Events & Entertainment category

During the analyzed period (June 18-25, 2018) at least 17 ICO projects were successfully completed, each of which collected more than $100,000, with the total amount of funds collected equaling more than $750 million. Last week’s leader was the TaTaTu project, which collected $575 million. The total amount of funds collected by a number of ICOs failed to reach even $100,000 (the information for some projects is still being finalized).

Annex – Glossary 

Key terms Definition
Initial coin offering, ICO A form of collective support of innovative technological projects, a type of presale and attracting of new backers through initial coin offerings (token sales) to future holders in the form of blockchain-based cryptocurrencies and digital assets.
Token sale price

Current token price

Token sale price during the ICO.

Current token price.

Token reward Token performance (current token price ÷ token sale price during the ICO), i.e. the reward per $1 spent on buying tokens.
Token return (see token reward) Performance of funds spent on buying tokens or the ratio of the current token price to the token sale price, i.e. performance of $1 spent on buying tokens during the token sale, if listed on an exchange for USD.
ETH reward – current dollar value of $1 spent on buying tokens during the token sale Alternative performance indicator of funds spent on buying tokens during the ICO or the ratio of the current ETH price to its price at the start of the token sale, i.e. if instead of buying tokens $1 was spent on buying ETH at its rate at the start of the token sale and then it was sold at the current ETH price.
BTC reward– current dollar value of $1 spent on buying tokens during the token sale Similar to the above: Alternative performance indicator of funds spent on buying tokens during the token sale, i.e. if instead of buying tokens $1 was spent on buying BTC at its price at the start of the token sale and then it was sold at the current BTC price.
Token/ETH reward This ratio describes a market participant’s economic benefits and disadvantages resulting from buying tokens during the token sale relative to buying ETH. If the result is over 1, the market participant spent his funds more efficiently on buying tokens than if he were to have spent his funds on ETH.
Token/BTC reward This ratio describes the market participant’s economic benefits and disadvantages resulting from buying tokens during the token sale relative to buying BTC. If the result is over 1, the market participant spent his funds more efficiently on buying tokens than if he were to have spent his funds on BTC.

The post Weekly ICO Market Analysis [June 18-24, 2018] appeared first on CoinSpeaker.

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