A Performance Review of 21 Major ICOs

Initial coin offerings (ICOs) have gone through a free fall since the crash in cryptocurrency prices. The boom of mid-2017 gave rise to many multi-million dollar ICOs with projects challenging the flaws of existing blockchains such as Ethereum and Bitcoin or launching as decentralized apps (dapps) built on existing popular blockchains. \ \ In a bid to explore the ICO market, MEDICI analyzed 21 major ICOs since 2017 to gain an understanding of their performance. The analysis was conducted based on several parameters – no. of partnerships, developer activity, community growth, no. of transactions, no. of token holders, and project status. The ...

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