Check out our report representing data on the ICO market movements in 2018. Strong focus has been placed on the analysis of alterations that have taken place in May 2018, in particular May 14-20, 2018.

Information as of May 21, 2018

This report was created by:

This report presents data on the ICO market changes during 2018. Special emphasis has been placed on an analysis of the changes that have taken place in May 2018, including over the past week (May 14-20, 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 May 14-20, 2018

Factors and events

(link to source)

Date of news Description Type of impact
1.                  ‘HoweyCoin’: SEC Trolls Crypto Fraudsters with Fake ICO Campaign [source: CCN] May 16, 2018 The US Securities and Exchange Commission (SEC) launched a fake site to collect funds through an initial coin offering (ICO). The goal of the project was to show potential crypto backers how to identify a fraudulent campaign, announced the Commission’s press service. Uncertain
2.                  Buyer Beware: Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud [source: WSJ] May 17, 2018 The Wall Street Journal published the results of its analysis of nearly 1,500 ICOs on May 17. According to the report, 18.6% of them raised “red flags”, and 271 of them used what the newspaper characterized as deceptive or even fraudulent tactics. Unfavorable

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

2018

May 1-6,

2018

May 7-13,

2018

May 14-20,

2018

Total amount of funds collected, USD million 1 666 2 702 7 174 1 085 249.8 361.8 400.9
Number of companies that completed an ICO1 95 95 83 107 16 19 20
Maximum collected, USD million (ICO name) 100
(Envion)
850

(Pre-ICO-1 TON)

5 000

(Petro3)

133 (Basis (previously Basecoin)) 35
(Shivom);35
(Solve.Care)
72 (Flashmoni) 118
(Orbs)
Average collected funds, USD million 17.5 28.4 86.4 10.1 15.6 19 20

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 TON Pre-ICO-1,2 and the Petro ICO.
3 According to the data from the official website of the Petro ICO, Petro sales equaled more than $5 billion, which is equivalent to more than $4 billion euros or $31 billion yuan (http://www.elpetro.gob.ve/#about). However, the data on the amount collected by El Petro from some other sources differ. For example, according to criptomoedasfacil.com, the amount of funds collected cannot exceed $2.3 billion taking into account discounts, the project White Paper indicates $4,387 billion, and other sources mention the $3 billion stated, among others, by the President of Venezuela Nicolas Maduro.
4 The data for 2018 have been updated (date updated: May 20, 2018).

The data for the previous period (May 7-13, 2018) have been adjusted to account for the appearance of more complete information on past ICOs. Over the past week (May 14-20, 2018) the amount of funds collected via ICOs equaled $400.9 million. This amount consists of the results of 20 successfully completed ICOs, with the largest amount of funds collected equaling $118 million (Orbs ICO). The average collected funds per ICO project equaled $20 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 2017 3.7 7 0.53
February 35.3 11 3.21
March 7.3 4 1.82
April 115.2 18 6.4
May 264.2 21 12.58
June 649.5 33 19.68
July 719.1 36 19.97
August 511.2 48 10.65
September 914.2 68 13.44
October 949.6 91 10.44
November 1 109 91 12.19
December 1 611.9 86 18.74
Total, 2017 6 890.1 514 13.4
January 2018 1 666 95 18
February 2018 2 702 95 28.4
March 2018 7 174 83 86.4
April 2018 1 085 107 10.1
May 1-6, 2018 249.8 16 15.6
May 7-13, 2018 363.3 20 18.2
May 14-20, 2018 400.9 20 20.0
Total for 2018*** 13 641.3 436 31.3

* 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.
*** Including TON Pre-ICO-1,2 ($1.7 billion) and the Petro ICO ($5 billion). The data for 2018 have been updated (date updated: May 20, 2018).

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-may-14-20-2018-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 (May 14-20, 2018)*

Name of ICO*** Category** Collected, $ million Date
1 Orbs Payments 118 May 15, 2018
2 VideoCoin Events & Entertainment 50 May 16, 2018
3 Dorado Supply & Logistics 44.4 May 16, 2018
4 Invacio Finance 35 May 14, 2018
5 redBUX Events & Entertainment 28.5 May 15, 2018
6 World WiFi (WeToken) Infrastructure 25 May 18, 2018
7 Hero Node Infrastructure 21.8 May 17, 2018
8 TTC Protocol Gaming & VR 19.1 May 18, 2018
9 The Abyss (DAICO) Gaming & VR 15.4 May 16, 2018
10 XY Oracle Supply & Logistics 10.2 May 20, 2018
  Top 10 ICOs* 367  
  Total funds collected from May 14-20, 2018 (19 ICOs)* 400.9  
  Average funds collected   20  

* 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 the previous period (May 14-20, 2018) may be adjusted as information on the amounts of collected funds by completed ICOs is finalized.

The leader of the week was the Orbs project, which represents a blockchain for the mass market of B2C and B2B2C applications with millions of end users. Mobile and computer programs and NFC debit cards are to be used as means of payment. The project technology makes it possible to perform money transfers, financing and payments using Orbis automated teller machines.

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 (May 14-20, 2018)

weekly-ico-market-analysis-may-14-20-2018-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: Orbs (Payments), VideoCoin (Events & Entertainment), and Dorado (Supply & Logistics). Below the top projects in the categories Payments, Events & Entertainmentm, and Supply & Logistics, respectively, are given (Tables 1.5, 1.6, 1.7).

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

Name of ICO Category* Collected, $ million Date Token performance
1 Orbs Payments 118 May 15, 2018 n/a
2 TenX Payments 83.1 June 24, 2017 1.54x
3 DomRaider Payments 65.8 October 9, 2017 0.18x
4 Crypterium Payments 51.7 January 6, 2018 1.25x
5 Centra Payments 43.5 September 25, 2017 0.02x
6 Monetha Payments 36.4 August 31, 2017 0.56x
7 PundiX Payments 35.0 January 21, 2018 12.30x
8 Request Network Payments 33.3 October 16, 2017 2.85x
9 Bread Payments 32 December 19, 2017 2.17x
10 Havven payments 30 February 28, 2018 1.08x

* 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 May 2018 are highlighted in red.

Last week’s leader, the Orbs project, also turned out to be the leader in the Payments category.

At present, all projects from the top 10 in this category have a token performance indicator of 02x to 12.3x. The PundiX 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 12.3x. When considering this indicator, it is important to remember that the PundiX ICO was completed on January 21, 2018, i.e. the 12.3x growth took place over approximately four months.

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

weekly-ico-market-analysis-may-14-20-2018-figure-1-3

Below the ten largest projects in the Events & Entertainment and Supply & Logistics categories are given.

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

Name of ICO Category* Collected, $ million Date Token performance
1 TRON Events & Entertainment 68.7 September 2, 2017 25.08 x
2 VideoCoin Events & Entertainment 50 May 16, 2018 n/a
3 GIFTO Events & Entertainment 30 December 14, 2017 3.09x
4 Aventus Events & Entertainment 20.1 September 6, 2017 0.40x
5 Vice Industry Token Events & Entertainment 16.156 March 20, 2018 0.3х
6 Viewly Events & Entertainment 12 March 22, 2018 n/a
7 XPlay Events & Entertainment 10 August 30, 2017 n/a
8 TokenStars TEAM Events & Entertainment 4.9 March 28, 2018 0.67x
9 GUTS Tickets Events & Entertainment 7.7 December 15, 2017 0.80x
10 SingularDTV Events & Entertainment 7.5 October 29, 2016 5.65x

* 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-May 2018 are highlighted in red.

At present, all projects from the top 10 in this category have a token performance indicator of 0.3x to 25.08x. The leading project, TRON, can be considered one of the most successful exchange listings, as this project has a current token price to token sale price ratio of 25.08x. When considering this indicator, it is important to remember that the TRON ICO was completed on September 2, 2017, i.e. the 25x growth took place over approximately 8.5 months. TRON’s market capitalization is currently $5.2 billion.

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

weekly-ico-market-analysis-may-14-20-2018-figure-1-4

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

Name of ICO Category* Collected, $ million Date Token performance
1 INS Ecosystem Supply & Logistics 45.8 December 25, 2017 0.89x
2 Dorado Supply & Logistics 44.4 May 16, 2018 n/a
3 Ambrosus Supply & Logistics 32.2 October 22, 2017 2.18x
4 OriginTrail Supply & Logistics 22.5 January 15, 2018 3.55x
5 TE-FOOD Supply & Logistics 19.089 February 22, 2018 0.84x
6 WaBi Supply & Logistics 11.5 November 30, 2017 3.82x
7 Devery Supply & Logistics 10.5 January 19, 2018 0.99x
8 SyncFab Supply & Logistics 15 March 15, 2018 0.24x
9 LWF Supply & Logistics 7.54 February 23, 2018 n/a
10 CargoX Supply & Logistics 7 January 23, 2018 1.46x

* 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-May 2018 are highlighted in red.

The market capitalization of the leader in this category, INS Ecosystem, currently equals $38.5 million.

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

weekly-ico-market-analysis-may-14-20-2018-figure-1-5

During the analyzed period (May 14-20, 2018) at least 20 ICO projects were successfully completed, each of which collected more than $100,000, with the total amount of funds collected exceeding $400 million. Last week’s leader was the Orbs project, which collected $118 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 terms Definition
Initial coin offering, ICO A 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 reward Token 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 sale Alternative 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 sale Similar 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 reward This 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 reward This 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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