Number of STOs May Double While IEOs Will Almost Triple By Q4 2019

With regulators clamping down uncontrolled blockchain funding, I expect the number of ICOs to drop 90% from 980 registered in Q1 2018 to around 100–110 in Q4 2020. At the same time, regulatory compliance would allow STOs and IEOs to flourish. Startups offering security tokens to double by 2020. Concurrently, the number of projects seeking to crowdfund through IEO may surge 730% in the next 20 months.

Even so, it’s undeniable that ICO process was a revolutionary channel for crypto start-ups to raise funds and breathe life into their projects. Cryptocurrency investors did not need to rely on regular exchange listings and instead pitched their ideas directly to investors. Nonetheless, the famed process has gained a bad rap over the years mostly due to the prevalence of fraud in ICOs.

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