Research: the ICO market has doubled since last year.

[Paha87]

ICORating reports that the primary coin offering (ICO) market for the year has more than doubled, according to a report for the second quarter of 2018. ICORating is an independent rating Agency that conducts independent analytical studies evaluating ICO and ICO market.

According to the report, the ICO in 2018 has already collected more than 11 billion dollars of investment. This value, according to the researchers, is ten times higher than the amount of investment from the ICO in the first quarter of 2017. Also ICORating reports that in the second quarter of 2018 there were 827 projects attracted 8 billion US dollars compared to $ 3.3 billion collected in the first quarter of 2018, which is 151 percent more. The report notes:

The funds raised by the EOS project make up most of the current figure, the project raised $ 4'197'956'135.

The ICORating study indicates that Europe has become a leader, launching 46 percent of all projects, while North America is leading in investments, covering 64.67% of the total amount of attracted funding. The report adds:

Asian projects showed a 20% increase in funds raised, but a 40% reduction in the number of projects launched.

Institutional capital in the ICO markets began to appear more often, while there is a "continuing decline in the number of retail investors." According to the study, this leads to the fact that the requirements for projects are increasing, while the amount of funds raised in the course of ICO activities is becoming increasingly dependent on "how well projects cooperate with investment funds."

The top 10 sectors in terms of attracted funds are represented by projects engaged in financial services, work with the blockchain, as well as companies engaged in banking services and payments, which together have collected more than $1 billion in the form of attracted assets. At the same time, financial services outstripped all other industries both in the amount of attracted funds and in the number of projects.

In July, crypto Finance Conference analysts showed that the US, Switzerland and Singapore were the "most favorable" countries for the ICO. The researchers based the ratings on publicly available data from the top 100 companies in terms of funds raised and estimated them by the number of projects launched.

Link to the source of information (Russian) - https://altstake.io/news/issledovanie-rynok-ico-udvoilsya-s-proshlogo-goda