Economics

How Much Have ICOs Raised in 2018? Depends on Who You Ask

  • Lack of rules, transparency leaves issuance amounts murky
  • More digital tokens are being issued through direct sales
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So far this year, initial coin offerings have raised $22 billion, or half of that -- depending on where you look.

With the cryptocurrency market nearly 80 percent off its peak, a critical question is exactly how much the ICO boom has deflated. That becomes harder to answer when even the most commonly used websites that track the phenomenon disagree on the figures.