ICOs Have Attracted More than $5 Billion in 2017 296

According to the statistics provided by ICOData, a total amount of investments attracted by means of Initial Coin Offering has exceeded $5,3 billion from the beginning of 2017 and a total number of companies that decided to hold an ICO reached 768.

Investors were especially interested in ICO projects in June. In May ICO collected $199,6 million whereas in June this number was already $648 million. However, then the market decreased, having attracted only $353 million in August.

December appeared to be the most successful month for ICO projects in 2017. The amount of investments that companies attracted running their ICOs has exceeded $963 million. In november it was $951 million and in October — $886,6 million.

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