Per the report, between January and May 2018 alone, ICO volume is already twice as much as it was during the entire year of 2017. PwC Switzerland writes in an accompanying press release:"In total, 537 ICOs with a total volume of more than $13.7 billion have been registered since the beginning of the year. In comparison, in 2017 there were a total of 552 ICOs with a volume of just over $7.0 billion. Also, the average size of an ICO has almost doubled from $12.8 million to over $25.5 million since last year. "Special mention is made of the ICOs of Telegram and EOS, which reached into the billions. Telegram raised $1.7 billion through its ICO, while EOS raised over twice as much at $4.1 billion.