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Learning & News => News related to Crypto => Topic started by: jondel on October 27, 2017, 06:49:35 PM

Title: No wonder investors are rushing into cryptocurrencies — average ICO returns are
Post by: jondel on October 27, 2017, 06:49:35 PM

Professional investors are increasingly taking an interest in the cryptocurrency space, which has been fuelled by the rise in ICOs.
Report from VC Mangrove Capital says average return across 204 initial coin offerings is 1,320%. Figure comes amid growing interest from hedge funds and investment banks in the cryptocurrency space, with over 55 crypto-specific hedge funds.
Venture capital firm Mangrove Capital Partners claims that: “If one had blindly invested €10,000 in every ICO, including the significant number of ICOs that failed, this would have delivered a +13.2x return.”

http://www.businessinsider.sg/ico-mangrove-capital-average-returns-crypto-icos-2017-10/?r=US&IR=T

Title: Re: No wonder investors are rushing into cryptocurrencies — average ICO returns are
Post by: CryptoGirl on October 27, 2017, 07:21:21 PM

wow, ICO is a money magnet