Tough enough to fail
06 Sep, 2018 20:36
Why are we looking at the failure rates for planes and medical drugs? Because I wanted to see if there was a context to view the failure of ICOs - and let's be realistic here, the numbers of ICOs failing doesn't make for a pretty picture. According to figures from Tokendata, of 902 ICOs so far this year, 142 failed at the ICO stage, while 276 crashed and burned within the first 4 months of the successful ICO. Bitcoin News confirms this with the 2017 failure rate running at 46%.