New Study: 80% of ICOs are Scams, Only 8% Reach an Exchange | WHAT REALLY HAPPENED

New Study: 80% of ICOs are Scams, Only 8% Reach an Exchange

Using publicly available sources, Satis Group LLC classified initial coin offerings (ICOs) with market capitalizations of at least 50 million USD by quality, following an ICO’s evolution from white paper, fundraising, to eventual trading online. Their findings include the eye-popping claim that 80% of ICO’s are scams, and only 8% managed to trade on a exchange.

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