In Israel, for the three quarters of this year, they raised funds through the ICO totaling more than $ 600 million. This is stated in the new report of the company One Alpha. The total amount of fees for ICO this year was $ 606 million. A significant number of tokensails fell in the second quarter, and the first quarter ($ 315 million) was the most profitable.
According to the study, 140 blockchain companies have attracted a total of $ 1.3 billion. At the same time, 60% of companies and 88% of funds from the industry used the ICO mechanism.
The largest ICOs of 2018 were: EOS ($ 4.2 billion), Telegram ($ 1.7 billion), TaTaTu ($ 575 million), Dragon ($ 420 million), and tZero ($ 328 million). The ICO investment sector accounts for 10% of the global venture capital market.
One Alpha CEO Yaniv Feldman expressed the opinion that the “bearish” cryptocurrency market, which prevailed throughout this year, has become a “crucially needed” relief for the blockchain industry, as it returned the estimates and expectations to a “reasonable level”.
Israel is called the “nation of startups” for its popularity in the country of this type of business.
