15-11-2018 23:00 via newsbtc.com

Report: ICO Funding Stumbles in Q3, Regulation a Primary Factor

A recent report details just how weak initial coin offering (ICO) fundraising is becoming amidst the persisting 2018 crypto bear market, with Q3 being the least successful fundraising quarter for ICOs so far this year.
ICO Fundraising Drops Sharply in Q3
The report, which was conducted by independent research firm, ICORating, notes that a total of just over $1.8 billion was raised by a total of 597 ICO projects in Q3 2018, down significantly from the over $8.3 billion that was raised in Q2 2018.
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