“Are ICOs done?” — This thought continues to run around the heads of startup investors these days. Are the ICOs really done for? Has the successful ROI momentum passed yet or is there still some juice to be squeezed? Let’s take a moment to analyze and evaluate what the hell actually happened in the past 2 years and how it affected the investments market.
Let’s start with some simple math, shall we? If a company had a softcap of $3,000,000 USD it would ‘only’ have taken 4,000 Ethereum back in January of 2018. Now fast forward to this day and the same company would require approximately 21,500 ETH to reach the same softcap.