BIGGEST ICO ROI PERCENTAGE GAINS – Your $1k Investment Would Now Be Worth Over $3.5 Million !
Report from VC Mangrove Capital says average return across 204 initial coin offerings is 1,320%.
Figure comes amid growing interest from hedge funds and investment banks in the cryptocurrency space, with over 55 crypto-specific hedge funds.
Venture capital firm Mangrove Capital Partners claims that: “If one had blindly invested €10,000 in every ICO, including the significant number of ICOs that failed, this would have delivered a +13.2x return.”
Jackson’s findings highlight why many institutional investors — from hedge funds to investment banks — are now waking up to the cryptocurrency space.
ICOs explained
ICOs are a new way of funding startups by issuing digital tokens that can be traded online. The tokens are inspired by, and structured like, earlier cryptocurrencies Bitcoin and Ethereum, whose network is in fact used to launch most ICOs. These new digital currencies and sold for real money, which is used to fund the development of the startups.
“A music streaming service could sell subscription tokens in bulk ahead of launch and amass a customer base motivated to promote the service as soon as the product is functional, not least because the value of their tokens will rise.”
ICOs have boomed in popularity in 2017, with over $2 billion raised since the start of the year. For companies looking at applications of blockchain technology, ICOs have far outstripped venture capital as the biggest source of funding.blockchain equity vs ico fundingBI Intelligence
However, around the world have warned that ICO investments are risk and unproven. While some coins have exploded in value, the market is characterised by huge volatility. UBS recently said the space is in a “speculative .bubble ”
‘Hedge funds and mutual funds are assessing the crypto opportunity’
“It took institutional investors a long time to go from ‘what is this’ to ‘maybe we should invest,'” he said. “First, VCs were the ones interested in investing in an ICO. Now, institutional investors ranging from hedge funds and mutual funds are quickly pushing the effort to assess the crypto opportunity.”
Goldman’s stamp of approval
Reports emerged recently that Goldman Sachs is looking at setting up a Bitcoin trading desk. It follows a note sent to clients in August saying: “It’s getting harder for institutional investors to ignore cryptocurrencies.”
“If you are a big fund you can’t just go through an exchange because the required quantity is just too large and the liquidity of the exchanges are not as high as traditional equity exchanges like Nasdaq,” he said. “Institutional investors need an OTC broker to buy and sell the desired quantities of crypto.”
Still, Mangrove’s Jackson wrote in his report: “Once regulated, ICOs could fundamentally change how businesses source growth capital and profoundly impact the venture capital and investment banking communities.”
Ethereum-based business management platform Aragon has raised the largest amount ever in an ICO – almost $25 mln in 15 minutes ETH
The project previously received incubation from Boost VC, while a partnership with Status.im saw its reach expand to smartphone users in preparation for the ICO.
The amount raised puts Aragon in pole position in the wildly successful token sale race, the startup beating previous champion Gnosis, which raised $12.5 mln also in around 15 minutes.
On Twitter, Aragon vented its frustration at the lack of action on the part of the social media platform in removing a fraudulent account, “AraqonProject,” which masqueraded as the startup and had allegedly illicitly gained $10,000 from unwary investors. The market for initial coin offerings (ICOs ICO “ICO Investment” Bitcoin Crypto Cryptocurrency Stats Statistics Percentage Gains Tracking Coin Token Litecoin Ethereum NXT IOTA Neo Investing Transfer payment 2018 future money “future of money” tech “Stock market” “Coin Offering” Wallet Trade Trading Ripple Savings Waves Aragon Profit ROI “Return On Investment” dollar usd Millionaire Growth Market “buy ripple” gold “foreign exchange” forex “transfer money” has been experiencing a massive boom in 2017. Blockchain projects have raised over $1 billion since the start of the year by issuing their own digital tokens to investors who want to back their idea, product, or service.
Many of these new digital tokens then start to increase in value when they trade on digital currency exchanges. While not all ICO tokens have performed well, there have been five digital currencies that were launched through initial coin offerings that have managed to become tremendous outperformers in the digital currency space. According to ICOStats, these five are:
NXT IOTA Ethereum NEO (formerly AntShares) Stratis
In this guide, you will learn more about these five ICO tokens. Examining their performance may help you decide whether or not investment in ICOs is a good strategy for you.
Related Post:
- Dogecoin (DOGE) could give the highest percentage gains in the next bull run
- Electroneum, DENT,HOLO Alt Coin Top 5 Review Coins Blast into Massive percentage GAINS!!
- ROI Token Withdrawal !! how to withdraw roi token !! 5 roi global ROI Token withdrawal kaise kare
- Roi token listing new updates | 5 Roi global portfolio 2x how ? | Roi token withdrawal | ROI/USDT
- CRYPTO ICO REVIEW: WILL BE BIGGEST ICO EVER. TOP ICO IN CRYPTOCURRENCY
- 2 5 million GAINS With SIACOIN! Absolute INSANE GAINS! | Become Wealthy With Siacoin? | Buy Now?
- GoldGate ICO, Regen ICO, NAGA ICO & Steneum ICO – All In December 2017!!!
- Help Market Your Crypto ICO – CryptoCurrency ICO Marketing – OZEX ICO Review
- Is EOS (really) worth $4 Billion? Can the biggest ICO in crypto & blockchain history deliver?
- What percentage of people are hodling ADA in the last 30 Days?