The ICO report 2017 to present

Posted by Marketing Director on January 07, 2020 - 11:59am

Crypto-projects in 2019 prospered as dying ventures fell by 20%

Keep in mind, Markethive launched as a blockchain right at the beginning of the huge crypto bear market April May 2018, when Douglas Yates came on board. At that time our Alexa rank was around 140,000.

Our Alexa Ranking 2 years running

Keeping this in mind, here is the article:

Crypto-projects in 2019 prospered as dying ventures fell by 20%

The crypto bull run of 2017 turned a lot of heads in both the crypto and mainstream financial markets. However, the scale of the bull run also opened the doors for many who sought to take undue advantage of the state of the market. At the peak of the bull run and for months after, many crypto-projects were launched and hundreds of gullible investors with a bare understanding of the space were dragged into several scams and illicit ventures.

A majority of these projects did not last for long in 2018 as a lot of investors soon lost their capital. The credibility of many in the crypto space was questioned after a substantial number of projects got shut down every month following the Bitcoin bull run.

According to Longhash’s recent report, the fate of such crypto-projects and the market may have relatively improved in 2019.

2019, while it started positively, was later overtaken by the bear market and soon, a huge number of crypto-projects begin to bite the dust. However, according to data provided by DeadCoins.com, in 2019, a total of 518 projects died, which is 20 percent lower than the 647 projects that died in 2018.

The data released categorized the dead projects in terms of Deceased, Hack, Scam, and Parody.

According to the chart, it was identified that a majority of the dead projects were termed as scams in both 2018 and 2019. In 2018, 55 percent or 365 projects were tagged as scams and in 2019, 55 percent or 305 of these ventures were found to be fraudulent.

Speaking in detail about the projects in 2019, it was observed that a majority of these projects died in the first three months itself. A combined 283 projects were out of business by January, February, and March, whereas only 83 projects were shut out in the 2nd quarter of the year.

The study also claimed that most scams projects had a life expectancy of fewer than 1 year, whereas legitimate ones ran for a period of 1 and 3 years.

The drop in the number of dying projects highlighted that the quality of crypto-ventures in the industry was on the rise. This was supported by Delottie’s 2019 global blockchain survey which suggested that more military and enterprise-based blockchain ventures had emerged in 2019.

The report concluded by suggesting that since a large number of the projects were launched in 2018 (mostly ICO‘s), the number of dying projects will remain consistent for at least 2 years.

Markethive launched at the beginning of the Bear Market and we have prospered through the entire sewason where 90% of ICOs have failed since then.
Markethive is going to the moon. Yes it really is!

Here is the link to this article I have referenced.
​​​​​​​https://eng.ambcrypto.com/crypto-projects-in-2019-prospered-as-dying-ventures-fell-by-20/

This article is on AMBCrypto the media site that charges $5,500 to run a banner for the whole month. There Alexa Rank is 57,353 compaired to ours at 9,997


https://coinbound.io/buy/ambcrypto-banner-ad-top-content/

Make sure you upgrade to Entrepreneur One if you want to build a lifetime income.

Thomas Prendergast
Markethive

 

 

 

Thank You Thomas Markethive is looking smarter all of the time!
January 7, 2020 at 1:22pm
I like this information, we are in the right company.
Thank you for existing markethive, I see my future with much more optimism .
January 7, 2020 at 1:30pm
MarketHive has reached the moon and now going to Titan...
January 7, 2020 at 1:48pm
Great information on the crypto industry. We will stand out in front as the industry matures and improves and be the household name in this field.
January 7, 2020 at 2:54pm
Nice article Tom. In mind Markethive is the best opportunity on the planet. Our future couldn’t be brighter.
January 7, 2020 at 3:51pm
Markethive has built its foundation to endure, and will continue to rise above the moon headed towards the Titan! Are you ready to take a seat to our planet its time to take action.
January 7, 2020 at 5:31pm
Incredible piece Tom.
I'll be sharing this info far and wide.
January 7, 2020 at 6:23pm
We have had amazing but steady growth
January 7, 2020 at 10:33pm
Thanks to Markethive we can escape these ICO failures and upgrade to Entrepreneur One in order to earn a lifetime income. Thorough report Tom, thank you.
January 8, 2020 at 6:10am
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January 8, 2020 at 10:07am
good
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January 9, 2020 at 1:36am
great article
January 9, 2020 at 2:25am
Thanks for the great info.
January 9, 2020 at 6:40am
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January 11, 2020 at 7:46am
Excellent
January 11, 2020 at 9:17am
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January 11, 2020 at 9:21am
good
January 11, 2020 at 9:52am
Good thorough report, Markethive Is leading by example, and remember to be very careful when Investing.
January 11, 2020 at 11:16am
Thanks Tom, upgrading to entrepreneur one is a no brainer.
January 16, 2020 at 10:48pm
Very Informative thanks Tom.
January 18, 2020 at 12:18pm
Very Informative thanks Tom.
January 18, 2020 at 12:18pm
Very Informative thanks Tom.
January 18, 2020 at 12:18pm
very good infomatiion
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January 26, 2020 at 3:32am
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January 26, 2020 at 3:32am
thanks for the detailed information
January 29, 2020 at 10:30am
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January 29, 2020 at 10:32am
Thank you very much very interesting.
January 31, 2020 at 6:43am
great article thank you
February 2, 2020 at 2:14am
good article
February 2, 2020 at 11:01pm
Good morning everyone, I wish you a nice Tuesday thanks for the article
February 11, 2020 at 1:03am
Great information. The future looks very bright!
February 12, 2020 at 7:49pm
Good Thursday to all.
February 12, 2020 at 8:40pm
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February 15, 2020 at 12:55am
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February 17, 2020 at 2:19am
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February 27, 2020 at 10:34pm
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March 4, 2020 at 12:18am
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April 5, 2020 at 8:42pm
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April 5, 2020 at 9:53pm
good info thanks
April 5, 2020 at 10:29pm
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