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