At the conference I attended a few days ago, one of the speakers used some very nice graphs about the ICO market. I managed to find out where he got them and want to share them here with you. BTW, I'm working on a mini-series about all the stuff I picked up at the conference. You can find the first part with some unique insights here.
Token sales in the last 4 years
There is even a cool interactive version of this image!
As you can see it seems that Europe is winning in numbers and when it comes to total amounts raised Asia, Europe and North America are around the same. Not all ICOs are included though. Only the ones that raised more than $100,000 and before Nov 29th, 2017. But check out that rise within that interactive version or in the graph below, insane!
It is estimated that ICOs raised over $6.3 billion until November 2017. By now, that is probably around $7.5 - $8 billion. And it grows a lot still:
The ICO market is crazy. Just today we had 3 ICOs taking place that caught my eye: BeeToken, WePower, MedicalChain. Not all good ICO practices though...
ICOs per country
When taking a look at the number of ICOs per country, we see a very strong pattern. Next to the USA, Russia and China, the countries with clear regulations have a lot of ICOs too: Switzerland, Singapore, Canada and Estonia.
Even though we don't have clear regulations here in the Netherlands, we're still on the 9th position with 10 ICOs until November 2017 worldwide and 5th place within Europe.
If we look at the raised amounts instead of the number of ICOs, we get these graphs:
So, Switzerland, UK and Russia are definitely the biggest in Europe and The Netherlands takes the 11th position.
Anyways, I thought these we nice graphs to share with you guys. Easy to understand and gives you an idea about how big this all is. If you ever need some of these nice graphs, visit Elementus.io, that is where I got these :-)
Sources:
- https://elementus.io/blog/token-sales-visualization/
- https://elementus.io/blog/token-sale-geography/
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Disclaimer: I am not a financial advisor, trader or developer. I am just a blockchain & cryptocurrencies enthusiast. Make sure you do your own research, draw your own conclusions and do not invest any money that you cannot afford to lose.