Report: Only one-third of tokens actually outperformed both ETH and BTC

Fabric Ventures released their State of The Token Market report analyzing initial coin offerings from January 1, 2018, to September 31, 2018. According to the report:

  • 58% of ICOs failed to raise capital, disappeared, or refunded participants.
  • Ten ICOs raised 47% of all capital.
  • Only 1/3 of ICOs outperformed both ETH and BTC.
  • 40% of investments go into infrastructure projects.

(Source: Fabric Ventures)