MORE THAN 1500 DEAD COINS - WOW!

avatar

What should I say to know the fact that there are more than 1400 dead coins. " WOW" or " SHIT". 2017 was the glory of ICO projects. Many start up took benefit from fund raising with ICO methode. They earned million USD. In fact, there were many shit, and abandonedd and scam projects. As a result, there are thousands of dead coins in 2020.

Raising fund with ICO was a new tool to make money. When you joined some bounty works in 2017 , there were many copy paste whitepapers from a projects. You can see in bitcointalk forum.

Not all ICO failed there were some succesful ICO like BAT, RLC, Bancor and others. After the the team raised fund, there were some projects that seemed to be abandoned like rewards.com.

DEADCOIN.JPG

Data from deadcoins.com
2017 - 674 dead coins
2018 - 647 dead coins
2019 - 518 dead coins
Total 1839 dead coins
Data from Coinopsy.com
2013 - 3 dead coins
2014- 209 dead coins
2015 - 235 dead coins
2016 - 159 dead coins
2017 - 223 dead coins
2018 - 399 dead coins
2019 - 85 ded coins
Total 1313 dead coins
https://cryptonews.com/news/how-many-cryptos-died-in-2019-5470.htm

ICO AND CRYPTOCURRENCY INVESTMENT OPPORTUNITIES

There are more unrecorded data from dead coins or inactive coins. You can see coins and tokens in exchangers. What coins with low volume trading are in status of inactive. Why those coins are inactive? There are some reasons why the coins or tokens fans leave them. Some of them are the developers do not do any progress to the projects. Some miners get no more profit from mining the coins are other reasons. How about investment opportunities for ICO and new coins or tokens?
New coins and tokens are still have opportunities to attract investors as long as the developers are creating real projects. Investors need a certainty from their spending money to invest a project. They tend to be more carefull today. They will look at the team composition and the MVP.

CONCLUSION

Investment in cryptocurrency has risks. The investors should learn carefully if they want to invest in ICO or new coins. They should see the team compositions, the products or services and the company investors behind the ICO and coins developers team.Don't loose your money in deadcoins!



0
0
0.000
0 comments