ICO Market Analysis [April 9–15, 2018]

Оригинал: https://www.coinspeaker.com/2018/04/17/ico-market-analysis-april-9-15-2018/

Please see our report covering data on ICOs launched during 2017–2018, with special focus put on the period of April 9–15, 2018.

Information as of April 16, 2018

This report was created by:

This report presents data on the ICO market changes during 2017–2018. Special emphasis has been placed on an analysis of the changes that have taken place in April 2018, including over the past week (April 9–15, 2018).

1. General analysis of the ICO market (by week, month)

    1.1. Brief overview of ICO market trends

Table 1.1. Brief ICO market overview, key events, news for the week of April 9–15, 2018

Factors and events

(link to source)

Date of newsDescriptionType of impact
1.Venezuela Says Trump Ban on Petro Backfires, Doubles Investors

Telesurtv]

April 9, 2018The ban by Donald Trump on US citizens performing any transactions with the Venezuelan state cryptocurrency was “free publicity” for the currency, announced executive secretary for Venezuela’s Blockchain Observatory, Daniel Pena.Favorable

ICO

 

2.Russia to Ban Telegram Messenger Over Encryption Dispute [source: Reuters]April 13, 2018On April 13 it took the Tagansky Court of Moscow only 19 minutes to consider the claim of Roskomnadzor and the FSB against the messenger and to rule that access to it be immediately restricted.Unfavorable

ICO

3.Louisiana Mayor Proposes Government-Backed Crypto and ICO [source: news.bitcoin.com]April 15, 2018Joel Robideaux, the Mayor-President of Lafayette Parish (Louisiana, USA), has proposed that the local government create its own cryptocurrency and hold an ICO in order to attract funds for development of the region.Favorable

ICO

 

 

Table 1.2 shows the development trends on the ICO market since the beginning 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) ICOs1,2

Indicator January

2018

February

2018

March

2018

April 1–8,

2018

April 9–15,

2018

Total amount of funds collected, USD million1 6652 7323 004.2175.25155.7
Number of companies that completed an ICO196100891821
Maximum collected, USD million (ICO name)100

(Envion)

850

(Pre-ICO-1 TON)

850

(Pre-ICO-2 TON)

50

(Nexo)

50.92 (MOOVER)
Average collected funds, USD million17.327.333.89.77.4

Note:
1 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.
2 Including the Pre-ICO-1,2 TON, Petro Pre-ICO.
3 The data for 2018 have been updated (date updated: April 15, 2018).

The data for the previous period (April 1–8, 2018) have been adjusted to account for the appearance of more complete information on past ICOs. Last week (April 9–15, 2018) the amount of funds collected via ICOs equaled $155.7 million. This amount consists of the results of 21 successfully completed ICOs, with the largest amount of funds collected equaling $50.92 million (MOOVER project). The average collected funds per ICO project equaled 7.4 million (see Tables 1.2, 1.3).

Table 1.3. Amount of funds collected and number of ICOs

Month Collected,

$ million

Number of ICOs* Average collected,

$ million

January 20173.770.53
February35.3113.21
March7.341.82
April115.2186.4
May264.22112.58
June649.53319.68
July719.13619.97
August511.24810.65
September914.26813.44
October949.69110.44
November1 1099112.19
December1 611.98618.74
Total, 20176 890.151413.4
January 20181 6659617
February 20182 73210027.3
March 20183 004.28933.8
April 1–8, 2018175.25189.7
April 9–15, 2018155.7217.4
Total for 2018***7732.032423.9

* 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 (data updated: April 1, 2018).
*** Including Pre-ICO-1,2 TON and the Petro pre-sale

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

weekly-ico-market-analysis-april-9-15-2018-figure-1-1

1.2. Top ICOs of last week

Table 1.4 shows the ten largest ICOs of the week.

Table 1.4. Top 10 ICOs in terms of the amount of funds collected (April 9–15, 2018)*

Name of ICO***Category** Collected, $ millionDate
1MOOVERCommunication50.9April 15, 2018
2CedexTrading & Investing20.1April 13, 2018
3MidexFinance15.2April 15, 2018
4GizerGaming & VR10.0April 10, 2018
5Trial TokenLegal9.0April 12, 2018
6LuckboxGambling & Betting7.2April 11, 2018
7Cool Cousin (Pre-Sale)Travel & Tourism6.8April 11, 2018
8Native Video BoxCommerce & Advertising6.6April 15, 2018
9VinChainTransport5.1April 15, 2018
10Block ColliderInfrastructure4.0April 14, 2018
 Top 10 ICOs*135 
 Total funds collected from April 9–15, 2018 (21 ICOs)*155.7 
 Average funds collected 7.4 

* 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.

The data for past periods (April 9–15, 2018) may be adjusted as information on the amounts of collected funds by completed ICOs is finalized.

The leader of the week was the MOOVER project. This is a protocol that allows mobile users to share (sell or buy) excess mobile data outside the confines of the contract-based communications operators. It represents a new exchange economy that will give value to surplus resources. MOOVER performs the exchange of mobile data in a P2P network, encrypted using blockchain technology. This makes it possible for the system to work autonomously without centralized control. It is an inexpensive platform where third parties who do not know one another (all participating users) can safely communicate with one another while maintaining their anonymity.

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

Figure 1.2. Top 10 ICOs in terms of the amount of funds collected (April 9–15, 2018)

weekly-ico-market-analysis-april-9-15-2018-figure-1-2

1.3. Top ICOs in their categories

The list of top ICOs by category is compiled with due account of the categories of the leading ICOs for the week.

Table 1.5. Top 10 ICOs in terms of the amount of funds collected, Communications category

Name of ICOCategory* Collected, $ millionDateToken performance
1MOOVERCommunications50.9April 15, 2018n/a
2IUNGOCommunications46February 1, 20180.10x
3QLINKCommunications20.6December 22, 20171.87x
4RightmeshCommunications18.0February 28, 2017n/a
5FortKnoxsterCommunications15March 18, 2018n/a
6BitBounceCommunications10.9August 28, 2017n/a
7DovuCommunications6.4October 17, 20170.71x
8DentCommunications4.4July 27, 201722.50x
9ObsidianCommunications4.1August 25, 20170.48x
10EncryptoTelCommunications3.0May 10, 20170.40x

* 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 March and April 2018 are highlighted in red.

The MOOVER project was the leader of the week and the leader of the Communications category. At present, all projects from the top 10 in this category have a token performance indicator of 0.1x to 22.5x. The Dent project can be considered one of the most successful exchange listings, as this project has a current token price to token sale price ratio of 22.5x. When considering this indicator, it is important to remember that the Dent ICO was completed on July 27, 2017, i.e. the 22.5x growth took place over approximately eight months. The market capitalization of Dent currently exceeds $105 million.

Figure 1.3. Top 10 ICOs in terms of the amount of funds collected, Communications category

weekly-ico-market-analysis-april-9-15-2018-figure-1-3

The Cedex, Midex, and Gizer ICO projects, which can be assigned to the Trading & Investing, Finance, and Gaming & VR categories, respectively, were also completed last week. These projects did not make it into the top 10 of the corresponding categories (Tables 1.6, 1.7).

Table 1.6. Top 10 ICOs in terms of the amount of funds collected, Trading & Investing category

Name of ICOCategory* Collected, $ millionDateToken performance
1QASHTrading & Investing108.2November 11, 20172.02x
2ComsaTrading & Investing95.4November 6, 20170.55x
3CelsiusTrading & Investing50March 23, 2018n/a
4LendroidTrading & Investing47.5February 20, 20180.44x
5Zen ProtocolTrading & Investing46.4December 30, 2017n/a
6MCAPTrading & Investing45.2May 7, 2017n/a
7Enigma CatalystTrading & Investing45September 11, 20173.09x
8LoopringTrading & Investing45August 16, 2017n/a
9Spice Venture CapitalTrading & Investing41.3March 3, 2018n/a
10Crypto20Trading & Investing38.2November 30, 20171.27x

* 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 March 2018 are highlighted in red.

At present, the QASH project has the largest amount of funds collected in the Trading & Investing category. The Enigma Catalyst ICO has the best token performance indicator among the top 10 projects. Its market capitalization currently exceeds $135 million.

Figure 1.4. Top 10 ICOs in terms of the amount of funds collected, Trading & Investing category

weekly-ico-market-analysis-april-9-15-2018-figure-1-4

Table 1.7. Top 10 ICOs in terms of the amount of funds collected, Gaming & VR category

Name of ICOCategory* Collected, $ millionDateToken performance
1WaxGaming & VR68.4November 29, 20172.36x
2MobileGOGaming & VR53.1May 25, 20170.55x
3SingularityNetGaming & VR36December 22, 20171.93x
4Enjin CoinGaming & VR35.0November 1, 20172.23x
5RefereumGaming & VR32.3February 8, 20180.49x
6Play2LiveGaming & VR30.0March 14, 2018n/a
7DecentralandGaming & VR24.2August 17, 20173.14x
8BitGuildGaming & VR19.9April 6, 2018n/a
9DmarketGaming & VR19.03December 1, 20171.46x
10GameflipGaming & VR16.1January 5, 2018n/a

* 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 March-April 2018 are highlighted in red.

Most of the projects in this category have a token performance indicator of more than 1. The Decentraland project has the best token performance indicator. Its market capitalization currently exceeds $93 million, and its token performance indicator equals 3.14x.

Figure 1.5.Top 10 ICOs in terms of the amount of funds collected, Gaming & VR category

weekly-ico-market-analysis-april-9-15-2018-figure-1-5

During the analyzed period (April 9–15, 2018) at least 21 ICO projects were successfully completed, each of which collected more than $100,000, with the total amount of funds collected exceeding $155 million. Last week’s leader was the MOOVER project, which collected $50.9 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).

Annex – Glossary

Key termsDefinition
Initial coin offering, ICOA 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 sale price

Current token price

Token sale price during the ICO.

Current token price.

Token rewardToken performance (current token price ÷ token sale price during the ICO), i.e. the reward per $1 spent on buying tokens.
Token return (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 during the token saleAlternative 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 during the token saleSimilar 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.
Token/ETH rewardThis 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.
Token/BTC rewardThis 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.

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