Token Sale Market Overview: Q1 2018

Written by galka_max | Published 2018/04/30
Tech Story Tags: blockchain | cryptocurrency | ico | data-visualization | token-sale

TLDRvia the TL;DR App

The seven graphics below summarize the state of the token sale market as of 31-March-2018.

Over $23 billion has been raised to date via token sales

The history of token sales visualized, Jan 2014 — Mar 2018 (interactive version)

View interactive version

In just the first 3 months, 2018 token sale fundraising has already surpassed all of 2017

The first quarter of 2018 saw $14.2 billion raised via token sales vs. $9 billion raised in of 2017.

After a dip in December, the number of monthly token sales reached a new high in March

The biggest token sales are getting bigger

4 of the 5 largest token fundraising efforts of all time took place last quarter (the EOS ICO has been ongoing since June, 2017).

Security tokens and SAFT agreements are growing in popularity

Fundraising volume by country and region

Token sales, Jan 2014 — Mar 2018

Methodology

Fundraising amounts were sourced via the Elementus Protocol, an expert system that extracts and interprets on-chain transaction data. In contrast, most token sale statistics available online rely strictly on third-party reported amounts, which may be outdated and incomplete.

Fundraising amounts were converted into USD at the prevailing crypto exchange rate at the time the sale closed. Contributions to the EOS ICO, which has been ongoing since June, 2017, were converted daily at the ETH-USD exchange rate.

Funds raised through SAFTs and other token-convertible securities were sourced from SEC filings. The Petro figures are those reported by Venezuelan president Nicholas Maduro.

Originally published at elementus.io.


Published by HackerNoon on 2018/04/30