Weekly ICO Market Analysis [June 11-17, 2018] Gonetwork Ico

ICO: GoNetwork: Pocket - Winner of ETHWaterloo -  World’s Largest Ethereum Hackathon!

© 2018 Coinspeaker Media Ltd. All rights reserved.

SEC to Reconsider the Latest Rejection of Bitcoin ETF from Proshares, GraniteShares and Direxion

World Bank to Launch First Ever Blockchain Bond Next Week

Bitcoin Shoots Up by $400 as BitMEX Goes Temporarily Offline

Venezuela’s Bolivar Undergoes Devaluation, Gets Pegged to ‘Petro’

This report covers data on ICO market trends of 2018, with special attention given to the analysis of market movements in June 2018, most notably June 11-17, 2018.

, Doctor of Economics, Member of the Russian Academy of Natural Sciences, and Leading Analyst at ICOBox;

, PhD in Economics, Head of International Public Relations and Business Analytics Department Chief at ICOBox;

This report presents data on ICO market changes during 2018. Special emphasis has been placed on an analysis of the changes that have taken place in June 2018, including over the past week (June 11-17, 2018).

Gonetwork Ico , month)

Lithuania Issues Guidelines for When ICO Tokens Are Securities [source:

Lithuania’s Ministry of Finance has issued recommendations on holding ICOs and other cryptocurrency transactions. The officials believe that the guideline will help improve confidence and transparency on the Lithuanian financial market.

Thailand Expects to Approve Five ICO Projects Out of 50 [source:

The financial regulator of Thailand has announced that five out of 50 potential ICO projects have confirmed their intention to hold an ICO. The new law on crypto regulation requires that companies register, and will enter into force in June 2018.

Bitcoin and Ether Are Not Securities, but Some Initial Coin Offerings May Be, SEC Official Says [source:

According to William Hinman, the head of the Division of Corporation Finance of the SEC, Ether cannot be regulated like securities and bonds due to the decentralized system underlying the cryptocurrency. The price of Ether has been growing on the back of this news.

The undisputed leader by the amount of funds collected was the

project, which issued 900,000,000 EOS tokens. The blockchain project

, or 7.12 million ETH, in total as of Wednesday night, according to Token Report, a division of blockchain advisory firm New Alchemy. The distinguishing feature of this project is the lengthy period of the ICO. The issue of tokens ran from June 26, 2017, to June 1, 2018. During the first five days the ICO sold 200,000,000 EOS tokens, with another 2,000,000 EOS tokens being subsequently sold every 23 hours.

Table 1.2 shows the development trends on the ICO market since the start of the second quarter of 2018. Only popular and/or successfully completed ICOs (i.e. ICOs which managed to collect the minimum declared amount of funds) and/or ICOs listed on exchanges were considered.

Table 1.2. Aggregated trends and performance indicators of past (completed) ICOs

Data source: tokendata.io, icodrops.com, icodata.io, coinschedule.com, cryptocompare.com, smithandcrown.com.

For some ICOs information may currently be incomplete (for instance, the amount of funds collected)

. ICOs that collected less than $100,000 were not considered.

or 7.12 million ETH over the year from June 26, 2017, to June 1, 2018.

The data for the previous period have been adjusted to account for the appearance of more complete information on past ICOs. Over the past week (June 11-17, 2018) the amount of funds collected via ICOs equaled $174 million. This amount consists of the results of 10 successfully completed ICOs, with the largest amount of funds collected equaling $42.3 million (GoNetwork ICO). The average collected funds per ICO project equaled $17.4 million (see Tables 1.2, 1.3).

Table 1.3. Amount of funds collected and number of ICOs

* Data source: tokendata.io, icodrops.com, icodata.io, coinschedule.com, cryptocompare.com, smithandcrown.com.

Information on funds collected is not available for all ICOs (information for last week is tentative and may be adjusted). ICOs that collected less than $100,000 were not considered.

** More than 1,000 ICOs were performed in 2017. However, the data for the 514 largest and most popular ICOs, the data of which can be processed, were considered when calculating the total amount of funds collected during 2017.

*** Including the TON Pre-ICO-1,2 ($1.7 billion) and the Petro ICO ($5 billion). According to the data from the official website of the Petro ICO, Petro sales equaled more than $5 billion, which is equivalent to more than $4 billion euros or $31 billion yuan (

http://www.elpetro.gob.ve/#about” rel=”nofollow noopener noreferrer”

). However, the data on the amount collected by El Petro from some other sources differ. For example, according to criptomoedasfacil.com, the amount of funds collected cannot exceed

billion taking into account discounts, the project

billion stated, among others, by the President of Venezuela Nicolas Maduro.

or 7.12 million ETH over the year from June 26, 2017, to June 1, 2018.

***** The data for 2018 have been updated (date updated: June 17, 2018).

Table 1.3 shows that the largest amount of funds was collected via ICOs in March 2018, mainly due to the appearance of major ICOs. The highest average collected funds per ICO was also seen in March 2018.

Figure 1.1. Trends in funds collected and number of ICOs since the start of 2017

Table 1.4. Top 10 ICOs in terms of the amount of funds collected

* When compiling the lists of top ICOs, information from the websites tokendata.io, icodrops.com, icodata.io, coinschedule.com and other specialized sources is used.

** The category was established based on expert opinions.

*** Only popular and/or successfully completed ICOs (i.e. ICOs which managed to collect the minimum declared amount of funds) and/or ICOs listed on exchanges were considered. Information may be incomplete for some ICOs (for instance, the amount of funds collected). ICOs that collected less than $100,000 were not considered.

Gonetwork Ico , as the hard cap was reached on June 16, 2018.

The data for the previous period (June 11-17, 2018) may be adjusted as information on the amounts of collected funds by completed ICOs is finalized.

The leader of the week was the GoNetwork project, which is creating an innovative, inexpensive infrastructure on Ethereum blockchain to expand the possibilities for use of mobile devices. The idea behind the development is to increase the speed of transactions and reduce their cost. To achieve this goal, some transactions will be performed as off-chain transactions.

Figure 1.2 presents the ten largest ICOs completed during the past week.

 Figure 1.2. Top 10 ICOs by the amount of funds collected

The list of top ICOs by category is compiled with due account of the categories of the leading ICOs for the week, most of which belonged to the Infrastructure category. All the major projects in this category have collected more than $100 million (Table 1.5).

10 ICOs in terms of the amount of funds collected, Infrastructure category

* When compiling the lists of top ICOs, information from the websites tokendata.io, com, icodata.io, coinschedule.com and other specialized sources is used. The ICO project categories correspond to the information from the website coinschedule.com. If there is no information on the website concerning the project category at the time of compilation of this analytical report, the category is determined by experts.

** The top projects in this category completed in June 2018 are highlighted in red.

*** During the first five days of the ICO, which started on June 26, 2017, 200,000,000 EOS tokens were sold; in this regard, the price of one EOS token for the backers that took part in the first round was approximately $0.90.

The leader of this category was the EOS project, which according to the estimates of its developers (block.one) can process more than one million transactions per second, and blockchain users will not pay a fee. During the period from June 26, 2017, the price of EOS has increased by approximately 11.1 times, from $0.90 to $10. Therefore, the token performance of this project for initial backers equals 11.1x. The current capitalization of EOS exceeds $9.2 billion.

During the analyzed period (June 11-17, 2018) at least 10 ICO projects were successfully completed, each of which collected more than $100,000, with the total amount of funds collected equaling more than $170 million. Last week’s leader was the GoNetwork project, which collected $42.3 million. The total amount of funds collected by a number of ICOs failed to reach even $100,000 (the information for some projects is still being finalized).

A form of collective support of innovative technological projects, a type of presale and attracting of new backers through initial coin offerings (token sales) to future holders in the form of blockchain-based cryptocurrencies and digital assets.

Token performance (current token price ÷ token sale price during the ICO), i.e. the reward per $1 spent on buying tokens.

(see token reward) Performance of funds spent on buying tokens or the ratio of the current token price to the token sale price, i.e. performance of $1 spent on buying tokens during the token sale, if listed on an exchange for USD.

ETH reward – current dollar value of $1 spent on buying tokens

Alternative performance indicator of funds spent on buying tokens during the ICO or the ratio of the current ETH price to its price at the start of the token sale, i.e. if instead of buying tokens $1 was spent on buying ETH at its rate at the start of the token sale and then it was sold at the current ETH price.

BTC reward– current dollar value of $1 spent on buying tokens

Similar to the above: Alternative performance indicator of funds spent on buying tokens during the token sale, i.e. if instead of buying tokens $1 was spent on buying BTC at its price at the start of the token sale and then it was sold at the current BTC price.

This ratio describes a market participant’s economic benefits and disadvantages resulting from buying tokens during the token sale relative to buying ETH. If the result is over 1, the market participant spent his funds more efficiently on buying tokens than if he were to have spent his funds on ETH.

This ratio describes the market participant’s economic benefits and disadvantages resulting from buying tokens during the token sale relative to buying BTC. If the result is over 1, the market participant spent his funds more efficiently on buying tokens than if he were to have spent his funds on BTC.

While the information in this document is believed to be accurate, ICOBox makes no representations or warranties, express or implied, with respect to the completeness or accuracy of the information contained herein. The information presented in this document may include certain statements, estimates and projections. Such statements, estimates and projections reflect various assumptions by ICOBox concerning anticipated trends, which assumptions may or may not materialize. No representations are made as to the accuracy of such statements, estimates or projections, and actual performance may be materially different from that set forth in such statements, estimates or projections.Prospective financial results may be affected by fluctuating economic and political conditions and are dependent upon the occurrence of future events that cannot be assured. ICOBox makes no warranty or assurance regarding the achievability of projections or the data, information and assumptions relied upon herein. Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. This document is for information purposes only and is not intended as an offer to sell securities, cryptocurrency or tokens, nor does it contain any recommendations or advice on any investments in any particular company or named assets.ICOBox expressly disclaims any and all liability for any representations, expressed or implied, contained in, or omitted from, this material. ICOBox is a provider of SaaS solutions for companies seeking to sell their products via distribution of tokens (ICO). ICOBox does and seeks to do business with companies covered in its research reports and buy any named assets.

Crowdfunding Giant Indiegogo is Launching the Sale of Real Estate-Backed Security Tokens

The international crowdfunding firm Indiegogo is starting a token sale on behalf of a luxury ski resort in Aspen. The company is aiming to raise $12 million of investment.

This report presents data on ICO market changes during 2018. Special emphasis has been placed on an analysis of the changes that have taken place during August 2018, including over the past week (August 13-19, 2018).

Weekly Blockchain Industry Report [August 4 – 10, 2018]

Gonetwork Ico

Interview with Nick Evdokimov: a Look at How Blockchain Experts Evaluate a White Paper

ICORating’s Report: Investments in ICOs More than Doubled In a Year

Despite the rapid growth of ICOs since the beginning of the year, more than half of all the crowdfunding projects failed, says new ICO market research.

Vertex Marketplace Launches The First Token Aftermarket

The new marketplace goes far beyond providing users with the quality information on the upcoming ICOs. The opportunity to take part in private sales, discounts and reward programs are expected to attract both amateur investors and experienced professionals.

Blockchain-based BlocVehicle Set to Breathe New Life into Used Car Market

A new platform enables generation of profits by leasing out individual cars. By sharing vehicle history data, anyone can rent a car easily at reasonable rates, which can become a foundation of an economy business model, based on vehicle sharing.

Weekly Blockchain Industry Report [July 28 – August 3,2018]

This week, the whole crypto currency market experienced slight decline after the BTC ETF got rejected by SEC. Among top 5 crypto currencies, EOS experienced greatest loss of nearly 17%.

Please, see our report presenting data on ICO market movements in 2018, with strong focus placed on the analysis of market changes over July 2018.

in order to improve site performance, offer you a better browsing experience and enable you to easily share content.