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The ICO market in the first five months of 2018 reported by the Crypto Valley Association has reached a whopping $ 13.7 billion - more than double the figure for 2017.

Read more: Blockchain Programing

It seems that the ICO fever has not shown signs of calming down despite the risk of harm. Especially in the first 5 months of 2018 the ICO market has reached a new record never before. According to the report, "As expected in the fourth quarter of 2017, the ICO phenomenon has decreased slightly since December 2017, but quickly rebounded. In the first five months of 2018, a total of 537 ICOs totaling $ 13.7 billion were successfully completed, more than all combined ICOs before 2017. "

From the beginning of 2018, it can be seen that most of the investment proceeds came from the top 10 ICOs. Specifically:
1. Telegram: $ 1.7 billion
2. Dragon: 320 million
3. Huobi: 300 million dollars
Banker: $ 150.9 million
Orbs: $ 118 million
6. Envion: $ 100 million
Flashmoni: $ 72 million
8. Neurology: $ 71.7 million
9. Elastos: $ 70 million
10. Zeepin: $ 61 million

Own the ICO "dinosaur" telegram has earned $ 1.7 billion investment after only two pre-sale. This type of project management company does not even need to launch the ICO to mobilize more capital. It is also not possible to mention the EOS, an ICO that runs from June 2017 to January 2018. However, it is also easy to see the clear hierarchy of ICOs when the difference between positions Numbers 1 and 2 are too large.
A report by the Crypto Valley Association also points out that Britain and Hong Kong are also gaining ground in this area, closely following the current big markets, the United States, Switzerland and Singapore. The UK's separation from the European Union, if properly implemented, could further strengthen the domestic ICO ecosystem, much like the Swiss way of being a non-EU member but still part of it. of the European Economic Area. However, the largest ICOs took place not in these countries, but instead chose tax havens such as the Cayman Islands (EOS) and the British Virgin Islands (Telegram). ICO not in the biggest tax haven is Huobi Token, based in Singapore.

See also: Blockchain

In summary, the $ 13.7 billion ICO market achieved in early 2018 is impressive. However, this does not diminish the inherent risks of this form of investment. Many experts point out that nearly 80% of ICO projects are fraud. Investors still need to be sober in choosing their investment.

 Blockchain application,

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