For 2017 a year as a result of the ICO, companies collected approximately 6 billion dollars. About 37% this amount falls on only 20 ICO projects. Filecoin startups, Tezos and Bancor made a lot of noise, but what fate has understood their tokens in the upcoming? Can financiers expect higher profits?, by purchasing tokens a few months after the end of the ICO?
Judging by the results 5 some of the largest ICOs from 20 Projects, who managed to attract the most capital, return on investment can reach 870% in three to 4 months.
1. Tezos: The attracted capital amounted to 232 million dollars, tokens are traded for three months
- ICO token cost: 1 XTZ = 0,47 $
- The highest value of the XTZ token = 11,21 $
- Low cost of the XTZ token = 1,76 $
- The cost of the XTZ token on 01.07.2018 = 5,82 $
Income from the end of the ICO (in US dollars): +1 138%
Progress: The Tezos project was among the most promising ICOs 2017 years and made a promise to make technology, simplified?? the process of launching new projects, and compete Ethereum. There are no specific deadlines in the project roadmap, and its creator Arthur Breitman made public the latest update 22 December, so the launch of the site is not expected in the near future.
As well as, Tezos was recently the subject of two allegations of violating US national and state laws. Tokens are classified as securities, but the company did not register them in this capacity and thus violated the Securities Law. The project has also been charged with fraudulent activities., for the reason that, that the distribution of tokens was carried out under the pretext of donations.
Some financiers demanded to return their investments, but they were denied, the refusal was motivated by the fact, that refunds are not covered by the initial agreement. Despite this, the price of Tezos tokens has never dropped below the initial price and since the end of the ICO has increased by 12.4 once (in US dollars).
2. Bancor: The attracted capital amounted to 153 million dollars, tokens are traded for half a year
- Price of ICO token: 1 BNT = 3,92 $
- BNT token maximum price = 8,17 $
- BNT token minimum price = 1,52 $
- The price of the BNT token is 01.07.2018 = 8,17 $
Income from the end of the ICO (in US dollars): +108%
Startup Bancor intends to provide an easy way to create and convert smart tokens without the participation of a counterparty. Since launch at LAUNCH 2017, when the application was under testing, the project has made significant progress. At the moment, the solution allows you to convert 14 cryptocurrency, including Ethereum and BTN, however, the token creation function has not yet been implemented. Bancor has the lowest profitability among ICOs included in the review.
3. Status: The raised capital amounted to 100 million dollars; tokens are traded 6 Months
- Price of ICO token: 1 SNT = 0,037 $
- Maximum SNT token price = 0,65 $
- Minimum SNT Token Price = 0,02 $
- SNT token price for today = 0,6 $
Income from the end of the ICO (in US dollars): +1521%
Progress: The Status project is a combination of a mobile messenger with a browser and allows smartphone owners to connect to the Ethereum ecosystem. According to the organizers, beta release was planned for 2–3 quarters 2017 of the year, and the functionality of the product will include the ability to encrypt messages, P2P exchange, Ethereum wallet, etc.
Apparently, release was postponed, but certain results are still available. The Status team publishes weekly reports, from which follows, that sooner or later the project will be completed. However unknown, will it be popular with users.
Besides, SNT token has not shown impressive growth, since it is not used anywhere at the moment. At the same time, there is no reason for a collapse., because the project is going according to plan. In general, the price of the SNT token increased by 16,2 times since the ICO.
4. Kin: The raised capital amounted to 98 million dollars, tokens are traded for three months
- Price of ICO token: 1 KIN = 0,0001 $
- Maximum price of the token KIN = 0,001434 $
- Minimum token price KIN = 0,000037 $
- KIN token price for today = 0,001123 $
Income from the end of the ICO (in US dollars): +1023%
Progress: Kin's ICO project has been characterized as a low-risk enterprise and has achieved high popularity.. The Kin ecosystem represents another promising variation on the so-called "conversational commerce" approach, which is still in the planning stage for all messengers, except WeChat.
At the same time, from the point of view of the ICO market, Kin can become one of the most competitive projects due to the presence of a real product. 300 millions of monthly active users. It's unclear., what will regular Kik users do with their KIN tokens. News on Kin Integration with Kik, planned for the last quarter 2017 of the year, also no.
The planned exit from the Ethereum platform is also not so simple - there were complaints from investors. Despite the clear advantages of Kik over the similar platform Status, Kin tokens since the completion of the ICO have increased in price only by +1023 %.
5. TenX: The raised capital amounted to 80 million dollars, tokens are traded for six months
- Price of ICO token: 1 PAY = 0,64 $
- Maximum token price PAY = 5,33 $
- Minimum token price PAY = 0,56 $
- PAY token price for today = 4,16 $
Income from the end of the ICO (in US dollars): +550%
Progress: The TenX project promised to simplify the use of cryptocurrencies in everyday life. Project app already released. Since August, the number of downloads on Android devices has exceeded 50k, despite, that this is only a beta version. The app is still under development and will be updated with new features at the beginning 2018 of the year. The PAY token was rapidly increasing in value at first, but, reaching the mark 5,33 $, fell to 1,5 $. Nevertheless, the total increase in value after the ICO was 550 %.
PAY token is also included in the William Mougayar High Growth Cryptoassets Index, where undervalued crypto assets are included.
Secrets of Success and Causes of Failure
IN 2017 ICO projects achieved the greatest success, aimed at using blockchain and cryptocurrencies in everyday life, specializing in exchanges, Deposits, Payments, token creation, payment of remuneration, etc.. But specialization alone is not enough, to ensure success during and after the ICO.
Usually, more importantly, having the right documentation and business goals, as well as the implementation of the project in accordance with the schedule and regular informing of investors about the progress of work.
There are two main problems now, faced by companies after ICO, these are high expectations and lack of transparency. Investors and funds need a correct assessment of the project as before, and after the ICO. Unfortunately, the organizers do not always realize this and sometimes after a successful coin offer they disappear from the media and rating agencies, what makes their projects vulnerable to information attacks.
Besides, sometimes the organizers deliberately overestimate the value of the project and indicate too short a time frame, to cause a stir before the ICO. As a result, the implementation is postponed and investors are forced to sell tokens..
This, as well as many other factors, can lead to a drop in the token rate. Howbeit, over the past year, tokens have been invested 6 billion dollars, so in the coming 2018 year, the assessment of the results of the work carried out after the ICO will be of great importance.
