According to a new research brought forward by Hong Kong cryptocurrency exchange in partnership with analytics resource TokenAnalyst, initial coin offerings (ICOs), which raised ETH throughout their crowdfunding sales, have sold almost as much of it as they’ve raised in terms of USD. The research reads:
“We conclude that rather than suffering because of the recent fall in the value of Ethereum, at the macro level, the projects appear to have already sold almost as much Ethereum as they raised (in US$ terms).”
Full story on Humble Oracle :
https://humbleoracle.com/2018/10/02/icos-sold-almost-as-much-as-they-raised-says-bitmex-research/
