One Nation, Under Doge. A Look at Token Sales Thus far in 2018. Token Sale Statistics Year To Date (YTD) 2018 Amidst all the doom and gloom of the recent cryptocurrency bear market, it’s hard to not read the above chart as a giant middle finger…there is a feeling that we’ve all been left holding the bag, or at least, that’s what some would want you to believe…there is hope, at least that’s what I’m telling myself: The Hodler Mantra With the roller coaster of emotion surrounding the movement in cryptocurrencies, I wanted to write this article to get a relatively objective read on the market, and to find out one simple thing: have we all wasted our time here, or are deals getting done? Is this thing still alive? While graphically depressing on a , on an it seems like the answer to that question is that there resilience in the cryptocurrency markets. While we’re at a relative low point in the year, we’re still talking about . That’s insanity. relative basis absolute basis is $1.3B being raised by startups in a month I understand this next data point isn’t apples-to-apples with the above table, but just to give you an idea, per month, so, , token sale funding is (very roughly) that of venture capital funding: VC funding hovers around $300M even at its lowest point >4.0x the days of kissing the VC ring may be a thing of the past… Even at the very bottom, if we start digging in to how individual projects, and ask how they’re going, it’s hard to not say: ( with all else considered). Check out a high level view of token sales from a popular schedule site. “not too shabby!” especially A lot of projects that are raising $20M+ are 40%+ done, and mostly 70%+. These are hard statistics to ignore: Sorry for the potato quality! See it in your browser at icodrops.com (unaffiliated) This is not a space for the faint of heart, but it’s especially not a space to give up on. There are many quality projects still getting funded, and people are putting themselves out there to get involved. The token sale market is far from dead, it’s just vulnerable…to the broader cryptocurrency market, which is a fickle beast. But in the end, when we’re talking about 4x the VC market for a vehicle that’s roughly , we must be doing something right…right?! one year old Over time, backers of these projects will get increasingly sophisticated, and those that aren’t will lose the funds to participate. Not to go all neoclassical economist here, but the market will ensure the survival of the fittest. That goes for both project backers and projects. So my answer to myself, and to — the reader, is to . you keep calm and carry on Blockchain, and the affiliated token sales, are . Take advantage of market emotions and get smart. We are nearing, if not currently at, the point of maximum financial opportunity. here to stay , my friends, is the state of our nation. This

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2018 Token Sale Market: The State of Our Nation

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2018 Token Sale Market: The State of Our Nation

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Matt Markham

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