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ICOs in 2017: $3B, 200 Projects, Slowdown Expected?

What happened

Over 200 ICOs together raised more than $3B so far this year. The last billion – in less than 2 months, shows the data from Coinschedule.com.

Wow. How did that happen?

Looks like September was the ICO hottie. Almost $850M were raised through 37 offering.

What can we learn from it

  • October might see an investment decline – ICO bans in China and South Korea as well as a natural slowdown after peak might come as reasons.
  • It will be hard to beat September record – the next few months will showcase the post-initial-hype market potential.
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