Multiple reports this year have concluded that ICOs raised more money in 2018 than all of the ICOs launched during the 2017 bull market. A recent study from Autonomous Research states “Through June of 2018, we saw $12 billion of funding flow through into token offerings.”

The research firm goes on to suggest its estimates are likely conservative, explaining “Our numbers track only those ICOs with $1 million or more raised, so the numbers could be slightly higher…”

Earlier in the Year

Autonomous Research is not alone seeing the growing ICO trend. ...