2018 was started, continued and ended boring for cryptocurrency markets. many cryptos bleeded in this year and many ICOs failed.
I believe one of the main reasons for crypto market failure was the unrealistic ICO ecosystem.
55% of initial coin offerings failed to complete in the 2018 second quarter, according to a report from the agency ICORating.
there were big names among them like DAO, OneCoin, Tezos, Enigma, SpaceBit, Droplex etc
The money thrown on ICOmania could be used and invested more efficiently on dApp projects and blockchain startups causing real addoption of crypto.
I'm pretty sure we will pass this stage, we will move on from the current situation and I will tell my son, someday:
but till then, many coins and blockchains will disappear and some more will be born. people will treat ICOs more cautiously and the market expectations will be more mature and realistic.
2019 will start disappointing, but the second half will bring us surprises! this is what I believe...
