ICO investment in 2018 exceeded 2017 with $ 6.3 billion! According to CoinDesk, first round offers (ICOs) collected more than the full amount of 2017 in the first three months of 2018.

ICO investment in 2018 accounts for 118 percent of the amount collected for 2017

ICO financing in the first quarter was $ 6.3 billion, compared to 118 percent of the total for 2017. This is a figure that can go a long way to undermining a widespread perception that the controversial fund-raising method will soon become extinct.

Nevertheless, the lecturer may be describing a more nuanced growth story. For example, the average funding size and project financing rate are higher than ever. Only the first quarter of 2018 reached 59% of the total number of ICOs in 2017.

Trying to sell many project tokens, even if there are legal regulations on ICOs

At the same time, there is also a question of how Telegram's record-breaking $ 1.7 billion token sales will be accounted for. Below you can see an image of the size of this figure. However, excluding the Telegram, ICOs totaled $ 4.6 billion in the first quarter. This figure is 85% of the total value collected in 2017.

Most of the sales made through ICOs have reached 100 million dollars. This is a legal regulation on ICOs, but many projects are still trying to keep selling tokens.

The SEC states that each ICO token has a securities value

The US Securities and Exchange Commission (SEC) has announced that some ICOs were offered to the public in the past days, and therefore should be registered with the organization. The editors have previously expressed an opinion that DAO is a securities, but have not stopped the sale yet.

Nevertheless, in the first quarter, the SEC seems to have undoubtedly toughened its view on ICOs. Jay Clayton, the head of the agency, told a Senate hearing in February that each ICO token he sees has a securities value. In early April, the organizer blamed the founders of Centra ICO, a fraudster who used the famous boxer Floyd Mayweather.

Despite all these constraints, investors' demand for sales is increasing day by day. At the same time, entrepreneurs want to take risks and continue to sell tokens.