The growth of ICO market goes down and the number of investors willing to invest money into it decreasing. The amount of projects entering the market this week went down 38%, says Forbes with the reference to ICO Alert report.

A lot of projects are postponing token sale because of this tendency. However, the number of projects that have already been launched remains the same.

According to Forbes, investors are taking their time with ICOs this summer and ICO market sees it. The latest ICO Alert repost states that the number of projects entering the market is down 38% this week. ICO boom in 2017 was also seen in 2018 but in April downfall of cryptocurrency market impacted ICOs.

However, despite the decrease of the past few month, the tendency shows that the total number of ICO projects are still going up. So far in 2018, ICO Alert registered 2,1k ICO projects which is more than for the same time frame last year. Within 9 months of 2017 (April 1 – December 31) only 1,8k projects were launched. The general growth is 27%.

Last year the average number of ICOs was 205 per week while this year it’s 282. Approximately 85 companies announce their ICO every week.

The study made by the Boston University has proved that 56% of cryptocurrency projects that carry out primary offerings die within 4 months after the token sale. Only 44,2% of start ups are still working 120 after ICO.

Most of the investments are returned back to investors within the first month. Then profit goes down 4% a month. After 3 to 6 months new tokens can not compete with other cryptocurrencies. That’s why investors should sell their tokens within 6 months after ICO if they don’t want to lose their money, say experts.