Recent analysis of Initial Coin Offerings (ICOs) has found that the average ICO investor sees returns of 82 percent, according to report published by the Boston College Carroll School of Management May 20.
The 54-page report, titled ‘Digital Tulips? Returns to Investors in Initial Coin Offerings,’ found evidence of “significant ICO underpricing” after analyzing a dataset of over 4,000 planned and realized ICOs. The ICOs studied raised a combined total of $12 bln, almost all of them since January 2017.
Average returns from the initial token sale price to the first day’s listed market price on a crypto exchange were found to be a staggering 179 percent, with investors’ holding periods averaging just 16 days.
Lees hier verder
Reactie plaatsen
Reacties