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In coins/tokens with an MCap of $50M - $100M (the lowest tier tracked): ~24% were Successful, ~22% were Promising, and ~54% were Dwindling.Ībandoned Dead Coins: Abandoned Dead Coins are said to be the most common therefore I am starting the list with them.Within the 8%, in coins/tokens with an MCap of $50M+: ~47% were Successful, ~20% were Promising, and ~34% were Dwindling.The lure of ICOs as a fundraising method is undeniably impressive, with over $9 billion raised in the form of cryptocurrencies since 2017, as per a Satis Group report. On the basis of the above classification, we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange as of March 8, 2018.
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As of August 2018, there are currently an estimated to be around 1,000 dead cypto coins aka ‘shit coins’ in the world.“ The most common “dead coin” is a coin that never lived! 🙂” – Some interesting metrics and highlights. Hey Google, tell me about dead coins… Today I am exploring what happens to failed ICO’s and the world of Dead Coins (Aka Vulnerable Coins / Depreciated Coins / Depressed Coins / Failed Coins / Scam Coins).
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