Bitcoin, Cryptocurrency And Blockchain News

ICO Funds Raised in May 2018 Already 200% Higher Than May 2017

Over $560 million raised with 15 days to go.


An ICO-Friendly May 2018

If you look at a simple monthly chart depicting ICO (initial coin offering) statistics so far for 2018 (such as the chart below), the month of May could appear to be a little low-key in terms of ICO activity. But if you look more closely, it has already seen over $560 million being raised via ICOs. While the figure may seem dwarfed by the ~$3 billion raised via ICOs in March 2018 alone, and the still-better $963 million raised in April 2018; one must remember that we’re only halfway through the month.

Statistics Equal 200% of May 2017

What makes the May figure even better-looking is the fact that it already equates to double the amount raised via ICOs last year in May. So, ICO activity in half of May 2018 has already raised 200% of the amount raised in the entire of May 2017 (chart below).

So far in May 2018, ICOs alone have raised $560,011,157 (as of May 15, 2018), whereas May 2017 (in its entirety) raised $280,012,458 in funds from ICO activity, according to Coinschedule data. Some notable, well-rated ICOs that have been running in the month of May so far are:

The Abyss (ABYSS)

Rated 4.1/5 on average by experts, the Abyss is a next-generation digital distribution platform, delivering all types of video games (Free2play MMOs and crypto games being a key priority), including AAA titles, where gamers and developers can profit from multi-level referral programs and other activities. In essence, the abyss is a crypto reward ecosystem for gamers and developers. The ICO started on April 18th and ends today.

Chimaera (CHI)

Rated 4.2 on average by experts, the Chimaera pre-ICO has been running since March 23rd and is scheduled to end on May 18th. The Chimaera blockchain acts as a decentralized gaming backend that is scalable, reliable and secure. This VR Gaming platform intends to open up the possibilities for new types of game genres such as Human Mining and Decentralised Autonomous Universes.

Verasity (VRA)

Rated 4.5 on average by experts, Verasity is a next-generation video sharing platform designed to pivot the online video ecosystem by enabling a direct and transparent relationship between viewers, content creators, and advertisers. Verasity’s protocols will be used across the web, integrating video delivery and instant micropayments using their cryptocurrency – VERA, all backed with their trusted and transparent propriety Proof-of-View Blockchain technology. The pre-ICO started on May 1st and continues until the end of the month.

Sharpay (SHRP)

Rated 4.8 by experts, Sharpay’s ICO has been running since March 1st and is scheduled to end on May 31st. Sharpay is a new share and multi-share button for websites with blockchain-based rewards of content promotion for users. Multisharing is an opportunity to share content in several social networks in one click. Users receive rewards for sharing or visits of other users via the shared links. This means conversion growth for sites and comfortable sharing for users.

Iconic Ecosystem (NIC)

Rated 4.3/5 by experts, Iconic brings an ecosystem for the financing and offering of businesses’ assets through blockchain technology with assurance. The ICO began on May 1st and is scheduled to end on May 31st.


For more information on Initial Coin Offerings, visit our ICO page.