Elementus analysts argue that the market primary offerings of coins (ICO) is still pretty active in Singapore for the first time surpassed the United States in the number of tomenselo, and for all the projects collected $28.4 billion.

In his blog, the researchers note that in August the ICO projects raised $1.4 billion, which is 44% higher than the previous month. They also emphasize that the market becomes more competitive and attracts more well-known companies. In addition, the gradually gaining popularity as security tokens, which are inherent characteristics of the securities.

At the same time, analysts note that in spite of the declared projects the openness and transparency of the data, precise information about aggregate amounts of borrowed funds is rather difficult to determine.

Since the emergence of ICO as a mechanism of attracting investments and as at the end of August related projects have attracted a total of $28.4 billion, Of which $15.9 billion was collected for the period from February to August of the current year.

Presented below is the animated story of tomenselo. The video shows projects that have gathered at least $100 thousand since the beginning of 2014 to August 2018.

The graph below shows the data collected by the ICO projects amounts, starting from September 2016:

Thus, despite the apparent “poor appetite” of investors in comparison with February of 2018, the picture is not so bleak. So collected by the ICO projects in August of this year the total amount of money comparable with the results of last November.

Moreover, the rapid growth of assets was mainly due to such major projects as EOS ($4.2 billion 06.2017 — 06.2018), Telegram ($1.7 billion, 02.2018 — 03.2018) and Tatatu ($575 million, 06.2018). If we exclude these three projects out of the picture, the situation will be quite stable, even despite the deep recession in the market:

ICO statistics by months (with the exception of EOS, Telegram and Tatatu)

The graph below shows the dynamics of the number of tomenselo months:

The following graph you can see that for the first time in history in Singapore held more ICO than in the US:

Previously, researchers Diar reported that in August, financial goals made up only 17 projects. The third ICO-tokens are not traded on any exchanges, and 70% of the coins are even cheaper than during their initial proposals.

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