There are still a few thousand active ICOs, but cryptocurrencies are dying all over the world. While there are some platforms surviving and thriving, a report issued in July of 2018 found that the majority are essentially dead and no longer able to function.
The reality is that 80 percent of the ICOs were frauds, and 10 percent lacked substance and failed shortly after raising money. Most of the remaining 10 percent may likely suffer the same fate as well.
VOX is a business advisory firm based in Singapore, formerly involved in ICO (Initial Coin Offering) and blockchain. Now we focus on STO (Security Token Offering) and traditional startup fundraising, as well as marketing strategy and business expansion.