Welcome to ICO Market Weekly Review. This report aims to be your guide to the ICO market and the blockchain community and is based on the data that we carefully gather at ICObench.
Increasing popularity of initial coin offering as the means of funding a startup brought particular attention to the ICO market and made the blockchain communi-ty grow drastically. In this situation, it is crucial not only for the investors but also for the media and research agencies to have a trustful and complete source of informa-tion about the ICO market.
With over 3,000 projects and 40,000 professional profiles in enterprise and block-chain published on the platform, we can ensure a clear outlook of the market and its community.
We have processed and organised a huge amount of data for this report to show you the ICO market and its community’s widely differing sides - specifically ICO market size for a variety of industries, projects trending this week and countries leading in “crypto”.
We hope that the data in the report will be useful to you and your audience. We are happy to have you with us and are looking forward to your feedback on what other information you would like to see in the ICO Market Weekly Review.
ICObench Team
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Table of content
1. ICO Market Overview 4
1.1. Top 5 ICOs completed recently 4
1.2. Top 5 ICOs completed in April 2018 5
1.3. Top 5 ICOs to date 6
1.4. Top countries on the ICO market 7
1.5. Top platforms used by ICOs 8
2. Trending ICOs 9
2.1. Top 5 ongoing ICOs 9
2.2. Top 5 ICOs launched this week 05.07-05.13.2018 9
3. ICO market size 10
3.1. ICO market size per week 04.09.2018-05.07.2018 10
3.2. ICO market size per month for the past 12 months 11
3.3. ICO market size per industry for the past 12 months 12-13
4. ICO market performance 14
4.1. ICO performance rate for the past 12 months 15
4.2. ICO performance rate by industry 15- 16
4.3. Top 10 completed ICOs by ROI up to date 17
4.4. Top ICOs completed in March 2018 by ROI 17
5. Blockchain community 18
5.1. Top 10 People of blockchain 18
5.2. Top 10 ICObench experts 19
5.3. Top 10 ICO agencies 20
6. ICO Market Insider 21
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1. ICO Market Overview
As a rating platform, we pay more attention to best ranking ICOs. Our evaluation systemis based on a combination of the ICO profile rating based on our own algorithmthat uses more than 20 different criteria and the ratings provided by the independentexperts. On the other hand, it is highly important how much a project raised during itsICO and how the number and the value of the ratings could affect the number of fundsraised. In this section, we try to build a picture of this interrelationship.
1.1. Top 5 ICOs completed recently
ICO Funds raised
#1 Flashmoni $72,000,000
#2 Gold Bits Coin $50,000,000
#3 Patron $40,000,000
#4 Project Shivom $35,000,000
#5 JioCoin $30,000,000
By the amount of funds raised
ICO Rating
#1 Sharpay 4.8
#2 Iconiq Lab 4.7
#3 Nafen 4.7
#4 VRT 4.6
#5 Omnitude 4.6
By rating
ICO Rating Funds raised
#1 Flashmoni 4.5 $72,000,000
#2 ELIGMA 4.5 $11,377,277
#3 Paymon 4.4 $514,315
#4 CEEK 4.3 $17,344,575
#5 Blok 4.2 $550,000
By rating and amount of funds raised
ICO #Ratings
#1 Sharpay 103
#2 BitRewards 61
#3 ELIGMA 49
#4 MINER ONE 48
#5 Velix.ID 48
By the number of ratings
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1.2. Top 5 ICOs completed in April 2018
ICO Funds raised
#1 MOOVER $50,918,694
#2 Consentium $42,000,000
#3 Current $36,000,000
#4 Blockchain Terminal $30,000,000
#5 KYC.LEGAL $28,000,000
By the amount of funds raised
ICO Rating
#1 Truegame 4.8
#2 Pecunio 4.6
#3 Midex 4.6
#4 Blockscart 4.6
#5 Sapien 4.5
By rating
ICO Rating Funds raised
#1 Truegame 4.8 $3,426,445
#2 Midex 4.6 $22,000,000
#3 Pecunio 4.6 $20,539,923
#4 Blockchain
Terminal4.5 $30,000,000
#5 Sapien 4.5 $10,501,153
By rating and amount of funds raised
ICO #Ratings
#1 Truegame 95
#2 StopTheFakes 63
#3 skychain 48
#4 VinChain 45
#5 Auctus 45
By the number of ratings
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1.3. Top 5 ICOs to date
ICO name Raised
#1 Dragon $320,000,000
#2 HDAC $258,000,000
#3 Filecoin $257,000,000
#4 Tezos $232,000,000
#5 EOS $185,000,000
By the amount of funds raised
ICO name Rating
#1 Truegame 4.8
#2 GIFTO 4.6
#3 VeriME 4.6
#4 TraDove 4.6
#5 Pecunio 4.6
By rating
By both rating and amount of funds raised
ICO name #Ratings
#1 Truegame 95
#2 WePower 84
#3 Friendz 68
#4 Faceter 63
#5 StopTheFakes 63
By the number of ratings
ICO name Rating Funds raised
#1 Truegame 4.8 $3,426,445
#2 TraDove 4.6 $52,000,000
#3 GIFTO 4.6 $30,000,000
#4 Faceter 4.6 $28,610,353
#5 Friendz 4.6 $27,525,000
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Russia
Cyprus
Singapore
Estonia
Switzerland
UK
Slovenia
USA
1.4. Top countries on the ICO market
Countries & PlatformsThe ICO market has its leaders presented not only as projects but also as countries and the platforms the project
teams build their ICOs on. The map above shows the countries those became leaders in the following criteria: the
number of ICOs, the number of ICOs per 1 million people, and the total sum of funds raised by the projects from the
country.
As you can see, Ethereum has become a market standard. At the same time, today many projects base their products
on Waves platform and other runners-up.
445 ICOs#by the number of ICOs
$2,756,483,551#by raised funds
239 ICOs#by the number of ICOs
$782,641,651#by raised funds
245 ICOs#by the number of ICOs
$561,403,751#by raised funds
147 ICOs#by the number of ICOs
$1,229,563,8781#by raised funds
17.1 ICOs per 1M people#by the number of ICOs per 1 million people
233 ICOs#by the number of ICOs
$1,213,023,793#by raised funds
39.6 ICOs per 1M people#by the number of ICOs per 1 million people
16, 8 ICOs per 1M people#by the number of ICOs per 1 million people
26.3 ICOs per 1M people#by the number of ICOs per 1 million people
100.8 ICOsper 1M people
#by the number of ICOsper 1 million people
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1.5. Top platforms used by ICOs
Platform ICOs % Avg.rating Avg.raised
#1 Ethereum 2,551 80.30% 3.0 $3,683,880
#2 Waves 94 2.96% 2.4 $1,144,281
#3 Stellar 20 0.63% 3.4 $3,735,000
#4 NEO 18 0.57% 3.4 $5,376,077
#5 Separate blockchain 13 0.41% 3.0 $3,590,789
#6 Scrypt 12 0.38% 2.1 $1,590,646
#7 NEM 11 0.35% 3.0 $3,514,503
#8 Ethereum and Waves 9 0.28% 2.3 $422,222
#9 Bitcoin 8 0.25% 1.8 $7,896
#10 Bitshares 5 0.16% 2.0 $1,200,624
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2. Trending ICOs
The ICO market is changing every day, crowning the projects those succeed to reach the per-fect combination of team, vision, and product as well as the hype around them and leaving the losers behind. In this section, we provide this week’s leaders of the market according to their mark and the number of ratings on our platform.
ICO name Rating
#1 ZeroState 4.9
#2 Bulleon 4.8
#3 Sharpay 4.8
#4 TimeBox 4.8
#5 Enlte 4.8
By raiting
ICO name Rating
#1 Sharpay 103
#2 BitRewards 61
#3 MoneyToken 60
#4 SKYFchain 60
#5 MINER ONE 48
By number of ratings
By rating
ICO name #Ratings
#1 Paymon 28
#2 BrickBlock 23
#3 Money Rebel 16
#4 SPINDLE 15
#5 ICO Pass 14
ICO name Rating
#1 DICE Money 4.9
#2 Iagon 4.8
#3 Wemark 4.6
#4 ubiatarplay.io 4.6
#5 Holdvest 4.4
By the number of ratings
2.1. Top 5 ongoing ICOs
2.2. Top 5 ICOs launched this week 05.07-05.13.2018
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3. ICO market size
The initial coin offering has become one of the fastest growing means of investment by the end of 2017. The size of ICO market had its ups and downs over 2017 and, at the moment, has slightly lowered after the peak in December. In this section, we wanted to give you the big pic-ture of the size of the market, split into two major categories: market size per month and week and the market size per industry.
Week #ICOs Funds raised Avg.funds raised/ICO
Apr 30th, 2018 - May 7th, 2018 56 $325,912,207 $5,819,861
Apr 23rd, 2018 - Apr 30th, 2018 16 $67,041,383 $4,190,086
Apr 16th, 2018 - Apr 23rd, 2018 37 $261,783,494 $7,075,230
Apr 9th, 2018 - Apr 16th, 2018 9 $111,348,848 $12,372,094
3.1. ICO market size per week 04.09.2018-05.07.2018
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Month #ICOs Funds raised Avg.Funds raised
May 2018 37 $279,985,027 $7,567,163
April 2018 125 $796,405,616 $6,371,245
March 2018 128 $1,691,609,175 $13,215,697
February 2018 122 $1,422,343,948 $11,658,557
January 2018 77 $1,151,754,284 $14,957,848
December 2017 98 $1,622,093,045 $16,551,970
November 2017 68 $744,484,271 $10,948,298
October 2017 68 $851,663,991 $12,524,470
September 2017 53 $865,548,395 $16,331,102
August 2017 40 $346,748,662 $8,668,717
July 2017 28 $434,948,461 $15,533,874
June 2017 25 $764,356,908 $30,574,276
#ICOs
Funds raised
Avg.Funds raised
3.2. ICO market size per month for the past 12 months
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Category #ICOs Raised Avg. raised
Platform 1,299 $6,313,403,447 $4,860,203
Cryptocurrency 957 $4,174,204,075 $4,361,760
Business services 599 $2,311,364,065 $3,858,705
Investment 464 $1,681,196,198 $3,623,268
Software 400 $1,469,355,900 $3,673,390
Smart Contract 340 $404,283,599 $1,189,069
Internet 291 $1,029,621,634 $3,538,219
Entertainment 274 $881,927,509 $3,218,714
Banking 259 $2,008,670,402 $7,755,484
Infrastructure 254 $935,034,743 $3,681,239
Communication 219 $766,282,769 $3,499,008
Big Data 216 $415,301,285 $1,922,691
Artificial Intelligence 211 $372,776,302 $1,766,712
Media 151 $524,344,647 $3,472,481
Retail 144 $457,329,328 $3,175,898
Other 131 $240,192,221 $1,833,528
Health 117 $314,632,147 $2,689,164
Real estate 102 $197,660,281 $1,937,846
(see the next page)
3.3. ICO market size per industry for the past 12 months
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Category #ICOs Raised Avg. raised
Education 95 $114,551,327 $1,205,803
Tourism 80 $100,920,395 $1,261,505
Energy 79 $327,463,115 $4,145,103
Casino & Gambling 76 $241,407,825 $3,176,419
Sports 67 $139,043,308 $2,075,273
Manufacturing 66 $226,089,740 $3,425,602
Virtual Reality 63 $50,689,373 $804,593
Electronics 45 $222,483,704 $4,944,082
Charity 44 $62,765,897 $1,426,498
Legal 44 $47,186,200 $1,072,414
Art 34 $53,540,922 $1,574,733
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4. ICO market performance
There are two factors of financial success for any ICO: reaching their hard cap during the initial coin offering and having a big ROI (return on investment) after it. In this section, we show the market’s situation by the performance rate and ROI for the past 12 months and for all industries represented on our platform.
4.1. ICO performance rate for the past 12 months
% reached HC
% reached SC
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Category Raised ICOs % reached SC % reached HC
1 Platform $6,313,403,447 1299 29.64% 27.61%
2 Cryptocurrency $4,174,204,075 957 27.27% 24.11%
3 Business services $2,311,364,065 599 27.05% 25.35%
4 Investment $1,681,196,198 464 27.37% 22.99%
5 Software $1,469,355,900 400 25.25% 22.58%
6 Smart Contract $404,283,599 340 14.12% 9.81%
7 Internet $1,029,621,634 291 24.05% 21.38%
8 Entertainment $881,927,509 274 25.91% 22.47%
9 Banking $2,008,670,402 259 28.57% 27.92%
10 Infrastructure $935,034,743 254 22.83% 21.03%
11 Communication $766,282,769 219 21.46% 19.19%
12 Big Data $415,301,285 216 16.67% 12.12%
13 Artificial Intelligence $372,776,302 211 15.17% 10.26%
14 Media $524,344,647 151 24.50% 21.38%
4.2. ICO performance rate by industry
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Category Raised ICOs % reached SC % reached HC
15 Retail $457,329,328 144 20.83% 21.37%
16 Other $240,192,221 131 21.37% 14.78%
17 Health $314,632,147 117 19.66% 17.71%
18 Real estate $197,660,281 102 21.57% 27.78%
19 Education $114,551,327 95 15.79% 11.76%
20 Tourism $100,920,395 80 22.50% 29.11%
21 Energy $327,463,115 79 24.05% 17.33%
22 Casino & Gambling $241,407,825 76 34.21% 23.61%
23 Sports $139,043,308 67 28.36% 19.72%
24 Manufacturing $226,089,740 66 18.18% 4.76%
25 Virtual Reality $50,689,373 63 12.70% 18.33%
26 Electronics $222,483,704 45 15.56% 11.36%
27 Legal $47,186,200 44 18.18% 13.95%
28 Charity $62,765,897 44 13.64% 12.20%
29 Art $53,540,922 34 14.71% 12.50%
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ICO Token Ended Rating ICO priceCurrent
priceROI
#1 Filecoin FIL Sep 10th, 2017 2.4 0.75 USD 138,376.00
USD
18,450,072.92%
#2 NEO NEO Sep 7th, 2017 4.2 0.03 USD 75.29 USD 235,171.87%
#3 Emphy EPY Nov 5th, 2017 2.8 0.10 USD 122.18 USD 122,075.29%
#4 Emiratecoin EMC Dec 24th, 2017 1.0 0.01 USD 3.71 USD 37,010.64%
#5 Bitquence BQX Jul 16th, 2017 2.4 0.03 USD 4.65 USD 13,673.53%
#6 Populous PPT Jul 24th, 2017 3.1 0.25 USD 19.27 USD 7,667.72%
#7 Neblio NEBL Aug 20th, 2017 3.4 0.20 USD 14.92 USD 7,241.97%
#8 OmiseGO OMG Jul 23rd, 2017 3.8 0.23 USD 16.03 USD 6,919.10%
#9 Golem GNT Nov 13th, 2016 2.9 0.01 USD 0.69 USD 6,666.04%
#10 Nebulas NAS Dec 16th, 2017 4.5 2.00 USD 111.44 USD 5,472.20%
ICO Token Ended Rating ICO priceCurrent
priceROI
#1 Cappasity CAPP Mar 22nd, 2018 4.0 0.01 USD 0.04 USD 398.08%
4.3. Top 10 completed ICOs by ROI up to date
4.4. Top ICOs completed in March 2018 by ROI
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5. Blockchain community
#1
#4 #5 #6 #7
#9 #10#8
#2 #3David Drake Simon Cocking Vladimir Nikitin
225.2ISS69
ICOs
221.0ISS54
ICOs
Ian Scarffe Nikolay Shkilev Jason Hung Amarphreet Singh
Reuben GodfreyPhillip Nunn Nathan Christian
208.4ISS
127.5ISS
127.5ISS
90.6ISS
86.1ISS
83.9ISS
81.0ISS
31ICOs
55ICOs
31ICOs
22ICOs
22ICOs
23ICOs
19ICOs
5.1. Top 10 People of Blockchain
262.9ISS77
ICOs
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#1 #2 #3 Ian Scarffe Vladimir Nikitin James Sowers
143 49 100/100
211 127 94/100
130 129 90/100 312 205 88/100
146 38 94/100 193 44 94/100
254 88 89/100
480 75 91/100
444 40 97/100 125 39 935/100 Rating
Rating
Rating Rating
Rating Rating
Rating
Rating
Rating Rating Reviews
Reviews
Reviews Reviews
Reviews Reviews
Reviews
Reviews
Reviews Reviews Weight
Weight
Weight Weight
Weight Weight
Weight
Weight
Weight Weight
#4 #5
#8
#6
#10#9
#7Jason Hung Nikolay Zvezdin
Richard Kastelein
Nikolay Shkilev
Douglas LyonsDaniil Morozov.
Igor Karavaev
5.2. Top 10 ICObench experts
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Agency ISS #ICOs
#1 AmaZix 190.8 62
#2 Token Market 100.8 17
#3 ICOBOX 99.5 34
#4 FoxTail Marketing 97.2 25
#5 TokenSuite 93.2 31
#6 ForkLog Consulting 87.5 18
#7 Ambisafe 84.5 22
#8 ROQ Media 80.2 22
#9 Tokenget 51.8 14
#10 7MARKETZ 49.3 14
5.3. Top 10 ICO agencies
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6. ICO Market Insider
We have asked our top experts to comment on the market trends and give their forecast for the upcoming week.
Anders LarssonICO Advisor
Investor in Crypto andBlockchain
Founder, CTO.
GiovanniLesna-Maranetto
EntrepreneurStartup / ICO Strategic Advisor
Blockchain EvangelistGlobal Speaker
Rick TapiaBlockchain Advisor
andConsultant
New ICOs in April rose to an ATH of 179, while funds dropped to the lowest level since Aug
2017, causing average funds raised per ICO to plummet from $13 M in March to $2.8 M in April,
according to ICObench. I am consulting over 20 ICOs and I can clearly see why.
ICO investors from January, when Ethereum topped at $1,432, saw tokens open for trading be-
low the ICO level in March and early April when ETH bottomed at $363. Those same people are
now considering whether we are still continuing down or have started the next major bull run.
Locking up funds in a down-trend is bad, but entering quality ICOs at the beginning of an
uptrend has previously offered life-changing returns. So which one is it?
I am optimistic. BTC is up 40% in a month. “Other” coins (non top-10) share of market cap shot
up from 17% mid-March to 25% today, indicating optimism for new projects.
Regulation will reduce uncertainty and no, the ETH token of 2018 is not a security. Finally, I see
ICO Generation 2.0 emerge, more transparent, compliant and business-focused - less lambos
and more hard work.
The 5-7th May saw fake news grip the ETH price around a fictitious convening of the SEC and
CFTC commissions, deciding on the classification of Ethereum. This highlights the shortcoming
of crypto related news and media impact on fuelling FOMO and behavioural economics. This
dampened crypto market gains from the prior week of April through to 5th May. The return of
volume and liquidity points towards recovering markets which crashed in mid-January to mid-
April 2018 from the December 2017 rally. EOS stunned the market in late April/May, peaking at
$23.02. EOS is posited as Ethereum 2.0 with improved transaction speeds and features; 70% of
its volume was Asian driven with hype around the EOS mainnet launch, 3 June 2018. My next
month prediction, sees EOS finding new ground above $30.00. Within 2 months, BCH will be
in excess of $2200, ETH will surpass its previous high of $1500. The BTC bulls/bears are showing
neutral stance with BTC trading in the $9000-9999 range, I foresee a breakout above $10,000
within the month. BTC will lose ground to altcoins with its dominance declining. ICOs paused
their crowd sales in April due unfavourable market conditions; 179 ICOs raised $500m in April
compared to 129 ICOS raising $1.6bn in March. Volatile markets make fundraising unattractive
for ICOs. In June, ICOs fundraising will resume, with higher ICO crowdfunding amounts raised
compared to April-May with June-July being key momentum months for markets. I believe the
market will recover aggressively surpassing $600bn market cap in Q3.
This past week was certainly an interesting one for the market. It continued to climb and then
took a slight hit on rumors such as the supposed SEC/ETH Security ruling that never came
to fruition. With the Blockchain Week events in New York City coming up next week, many
believe these events will help rally Bitcoin and subsequently the market itself as its done in
previous years. In terms of ICO’s, if 2017 was the year of hype, 2018 is the year of utility where
a number of projects with practical, real-world application are coming into the fold. I believe
that the market will eventually mature to the point where the strongest projects end up with a
firm grasp on their respective niche’ in the space. In addition, the level of interest in the Block-
chain and its underlying technologies is higher than it’s ever been on a global scale which
bodes well for the future of the space. With regards to institutional money coming into the
space, I remain cautiously optimistic. They have the power to drive the markets to new heights
but can also force massive corrections at their own will. This will ultimately lead to thoughtful
and necessary regulations to prevent bad actors from taking control of the space.
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