81% of ICO’s were Scams

In a recent study, we’ve attempted to classify ICO’s by quality. This encompasses the lifecycle of an ICO, from the original proposal of fundraising availability through to the most mature phase of trading on a cryptocurrency exchange (also known as “online trading platforms”) (“exchange”). This is a high level look above a market cap of $50M only, as an initial attempt to improve on the reporting we have seen to date on percentage failed ICO’s.

We will continue to develop our research in this area and produce a more in-depth study in coming months.

Source: medium.com