The month of June saw a slight decrease in the number of projects committing to performing Initial Coin Offerings. The total amount collected by ICOs was also down; however, despite these dips, June was still generally healthy as a significant amount of ICO activity took place.

Market Trends

The month of June saw 79 ICOs collect $1499 million in funding, at an average of $19 million per project. This was a decrease on May’s total of $1747 million raised by 118 projects, and an increase of April’s $1064 million raised by 104 projects. A total amount of $4310 million has been raised over the last three months and a total of $15,804 million has been raised so far in 2018, as a total number of 564 ICOs have collected $28 million each on average.

The TaTaTu ICO ended up raising the most, as it was able to collect $575 million by the end of its campaign on June 20. It was followed by HybridBlock which raised $47.8 million, and GoNetwork which raised $42.3 million. However, it’s worth noting that the EOS ICO, which lasted for over a year actually ended on June 1, and the project raised a massive $4 billion.

Top 5 ICOS for June (Funds Raised)

Name Sector $ (Million) % Of total 1 TaTaTu Events & Entertainment 575 38.4% 2 HybridBlock Trading & Investing 55 3.7% 3 GoNetwork Infrastructure 50 3.3% 4 FANTOM Infrastructure 39.6 2.6% 5 Coal Industry Coin Commodities 37.2 2.5%

TaTaTu led the way after the team managed to collect $575 million, and it also bucked a trend by operating in the Events & Entertainment sector, the project is an entertainment video platform which plans to issue films on the blockchain. Currently, investors are tending to favor infrastructure projects as shown by the prominence of projects such as EOS, GoNetwork, and FANTOM. HybridBlock exchange also operates in a popular sector as many traders are drawn to the large growth opportunities of projects dealing in Trading & Investing.

The ICO sector is still in full swing and a significant number of projects are currently in process of preparing to launch crowd sales over the next month. A number of others released their tokens onto the market in June and here are the best performers:

Top 3 ICOS for May (ROI)

Name Sector Cap $(Million) ROI (USD) 1 QuarkChain Blockchain 20 x3.7 2 Metronome Currency 12.1 x2.0 3 OneLedger Blockchain Service 15 x1.0

The current market climate has seen many ICO projects fall below their ICO price and QuarkChain and Metronome have been amongst the strongest performers. QuarkChain was a highly sought after project and after raising a total of $20 million. The project soon recorded an ROI of over x10 after it listed on Binance. This has since pulled back and the project is now operating at an ROI of x3.7. Metronome is currently in second place and the team held a price auction that collected around $12 million. The currency is trading on a selected number of exchanges and is currently recording an ROI of x2.0 and is still to list on the larger exchanges. OneLedger has been the best of a number of projects that have fallen below ICO price and the Blockchain Service project is currently recording an ROI of x1.0.