ICO colossal fees have already passed?

ICO colossal fees have already passed?

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August of 2018 became one of the most difficult for projects that raised funds through the ICO. Taking into account the moment that the ICO area is under the pressure of fraud growth, the market will no longer be happy with such growth trends as before.
          Will fundraising destroy crypto applications?

The indicative growth of BTC and ETH in the middle of the end of 2017 was due to their use as a means of raising money to promote ICO schemes. They put smart ERC20 contracts and tokens into action, spreading the scheme's creators access to those who were interested in solving their problems using the usual crypto currency transfer.

One of the first really working options for using smart contracts on the Ethereum blockchain is emerging as a fund-raising mechanism. For ICO, Ethereum and Bitcoin became the main choice, referring to their general availability and prevalence.
Due to the fall in prices for crypto-currencies, the value of assets of those projects that owned stocks in ETC and BTC also decreased.

For clarity, consider the HDAC project. In November-December 2017, they claimed that they raised $ 258 million. So it was, because on the last day of ICO, the price of BTC was equal to $ 13,679. If HDAC continues to keep assets in the crypto currency, it will suffer losses, as the price of BTC fluctuates around 6260 dollars. But this is about half the price for the end of 2017.

This concerns most ICO projects that are worried about the price tag of crypto currency. It is important to note that these projects bear more losses because of expectations and feelings about short-term price volatility.
A lot of analysts are inclined to believe that the market can go on an even greater decline for the reason that the projects will start selling out against the backdrop of this problem. In the near future, this can seriously shake the crypto-investors. In the event of the sale of ETH and BTC projects, which currently constitute 68% of the market capitalization, the whole sector will suffer because of the price movement.
Compromise solution

Most likely, that many ICO 2017 and 2018 transferred main parts of their reserves to fiat or stablecoins. Sale can not be expected, because they have a margin of safety to enter the current market.
In 2018, 122 ICOs were tracked and an average amount of $ 53.3 million was identified. A decent amount for start-ups.

Comparing this with the capital of investors, where at the first stage no more than 15 people invest from $ 500,000 to $ 6 million to probe the market and develop the product, it can be understood that the ICO should still have a decent amount of cash.

If the project is considered reliable after the end of the product development phase, then they will enter the phase where venture firms will spread from 2 to 10 million dollars for participating in this.
Summing up, it may seem that ICO-schemes will have a hard time in this situation, but not everything is so sad. Finally, they will be able to concentrate on the product and increase the profit of the project.