ICO MarketWeekly ReviewMay 11, 2018

https://icobench.cominfo@icobench.com

Welcome to ICO Market Weekly Review. This report aims to be your guide to the ICO market and the blockchain community and is based on the data that we carefully gather at ICObench.

Increasing popularity of initial coin offering as the means of funding a startup brought particular attention to the ICO market and made the blockchain communi-ty grow drastically. In this situation, it is crucial not only for the investors but also for the media and research agencies to have a trustful and complete source of informa-tion about the ICO market.

With over 3,000 projects and 40,000 professional profiles in enterprise and block-chain published on the platform, we can ensure a clear outlook of the market and its community.

We have processed and organised a huge amount of data for this report to show you the ICO market and its community’s widely differing sides - specifically ICO market size for a variety of industries, projects trending this week and countries leading in “crypto”.

We hope that the data in the report will be useful to you and your audience. We are happy to have you with us and are looking forward to your feedback on what other information you would like to see in the ICO Market Weekly Review.

ICObench Team

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Table of content

1. ICO Market Overview 4

1.1. Top 5 ICOs completed recently 4

1.2. Top 5 ICOs completed in April 2018 5

1.3. Top 5 ICOs to date 6

1.4. Top countries on the ICO market 7

1.5. Top platforms used by ICOs 8

2. Trending ICOs 9

2.1. Top 5 ongoing ICOs 9

2.2. Top 5 ICOs launched this week 05.07-05.13.2018 9

3. ICO market size 10

3.1. ICO market size per week 04.09.2018-05.07.2018 10

3.2. ICO market size per month for the past 12 months 11

3.3. ICO market size per industry for the past 12 months 12-13

4. ICO market performance 14

4.1. ICO performance rate for the past 12 months 15

4.2. ICO performance rate by industry 15- 16

4.3. Top 10 completed ICOs by ROI up to date 17

4.4. Top ICOs completed in March 2018 by ROI 17

5. Blockchain community 18

5.1. Top 10 People of blockchain 18

5.2. Top 10 ICObench experts 19

5.3. Top 10 ICO agencies 20

6. ICO Market Insider 21

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1. ICO Market Overview

As a rating platform, we pay more attention to best ranking ICOs. Our evaluation systemis based on a combination of the ICO profile rating based on our own algorithmthat uses more than 20 different criteria and the ratings provided by the independentexperts. On the other hand, it is highly important how much a project raised during itsICO and how the number and the value of the ratings could affect the number of fundsraised. In this section, we try to build a picture of this interrelationship.

1.1. Top 5 ICOs completed recently

ICO Funds raised

#1 Flashmoni $72,000,000

#2 Gold Bits Coin $50,000,000

#3 Patron $40,000,000

#4 Project Shivom $35,000,000

#5 JioCoin $30,000,000

By the amount of funds raised

ICO Rating

#1 Sharpay 4.8

#2 Iconiq Lab 4.7

#3 Nafen 4.7

#4 VRT 4.6

#5 Omnitude 4.6

By rating

ICO Rating Funds raised

#1 Flashmoni 4.5 $72,000,000

#2 ELIGMA 4.5 $11,377,277

#3 Paymon 4.4 $514,315

#4 CEEK 4.3 $17,344,575

#5 Blok 4.2 $550,000

By rating and amount of funds raised

ICO #Ratings

#1 Sharpay 103

#2 BitRewards 61

#3 ELIGMA 49

#4 MINER ONE 48

#5 Velix.ID 48

By the number of ratings

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1.2. Top 5 ICOs completed in April 2018

ICO Funds raised

#1 MOOVER $50,918,694

#2 Consentium $42,000,000

#3 Current $36,000,000

#4 Blockchain Terminal $30,000,000

#5 KYC.LEGAL $28,000,000

By the amount of funds raised

ICO Rating

#1 Truegame 4.8

#2 Pecunio 4.6

#3 Midex 4.6

#4 Blockscart 4.6

#5 Sapien 4.5

By rating

ICO Rating Funds raised

#1 Truegame 4.8 $3,426,445

#2 Midex 4.6 $22,000,000

#3 Pecunio 4.6 $20,539,923

#4 Blockchain

Terminal4.5 $30,000,000

#5 Sapien 4.5 $10,501,153

By rating and amount of funds raised

ICO #Ratings

#1 Truegame 95

#2 StopTheFakes 63

#3 skychain 48

#4 VinChain 45

#5 Auctus 45

By the number of ratings

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1.3. Top 5 ICOs to date

ICO name Raised

#1 Dragon $320,000,000

#2 HDAC $258,000,000

#3 Filecoin $257,000,000

#4 Tezos $232,000,000

#5 EOS $185,000,000

By the amount of funds raised

ICO name Rating

#1 Truegame 4.8

#2 GIFTO 4.6

#3 VeriME 4.6

#4 TraDove 4.6

#5 Pecunio 4.6

By rating

By both rating and amount of funds raised

ICO name #Ratings

#1 Truegame 95

#2 WePower 84

#3 Friendz 68

#4 Faceter 63

#5 StopTheFakes 63

By the number of ratings

ICO name Rating Funds raised

#1 Truegame 4.8 $3,426,445

#2 TraDove 4.6 $52,000,000

#3 GIFTO 4.6 $30,000,000

#4 Faceter 4.6 $28,610,353

#5 Friendz 4.6 $27,525,000

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Russia

Cyprus

Singapore

Estonia

Switzerland

UK

Slovenia

USA

1.4. Top countries on the ICO market

Countries & PlatformsThe ICO market has its leaders presented not only as projects but also as countries and the platforms the project

teams build their ICOs on. The map above shows the countries those became leaders in the following criteria: the

number of ICOs, the number of ICOs per 1 million people, and the total sum of funds raised by the projects from the

country.

As you can see, Ethereum has become a market standard. At the same time, today many projects base their products

on Waves platform and other runners-up.

445 ICOs#by the number of ICOs

$2,756,483,551#by raised funds

239 ICOs#by the number of ICOs

$782,641,651#by raised funds

245 ICOs#by the number of ICOs

$561,403,751#by raised funds

147 ICOs#by the number of ICOs

$1,229,563,8781#by raised funds

17.1 ICOs per 1M people#by the number of ICOs per 1 million people

233 ICOs#by the number of ICOs

$1,213,023,793#by raised funds

39.6 ICOs per 1M people#by the number of ICOs per 1 million people

16, 8 ICOs per 1M people#by the number of ICOs per 1 million people

26.3 ICOs per 1M people#by the number of ICOs per 1 million people

100.8 ICOsper 1M people

#by the number of ICOsper 1 million people

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1.5. Top platforms used by ICOs

Platform ICOs % Avg.rating Avg.raised

#1 Ethereum 2,551 80.30% 3.0 $3,683,880

#2 Waves 94 2.96% 2.4 $1,144,281

#3 Stellar 20 0.63% 3.4 $3,735,000

#4 NEO 18 0.57% 3.4 $5,376,077

#5 Separate blockchain 13 0.41% 3.0 $3,590,789

#6 Scrypt 12 0.38% 2.1 $1,590,646

#7 NEM 11 0.35% 3.0 $3,514,503

#8 Ethereum and Waves 9 0.28% 2.3 $422,222

#9 Bitcoin 8 0.25% 1.8 $7,896

#10 Bitshares 5 0.16% 2.0 $1,200,624

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2. Trending ICOs

The ICO market is changing every day, crowning the projects those succeed to reach the per-fect combination of team, vision, and product as well as the hype around them and leaving the losers behind. In this section, we provide this week’s leaders of the market according to their mark and the number of ratings on our platform.

ICO name Rating

#1 ZeroState 4.9

#2 Bulleon 4.8

#3 Sharpay 4.8

#4 TimeBox 4.8

#5 Enlte 4.8

By raiting

ICO name Rating

#1 Sharpay 103

#2 BitRewards 61

#3 MoneyToken 60

#4 SKYFchain 60

#5 MINER ONE 48

By number of ratings

By rating

ICO name #Ratings

#1 Paymon 28

#2 BrickBlock 23

#3 Money Rebel 16

#4 SPINDLE 15

#5 ICO Pass 14

ICO name Rating

#1 DICE Money 4.9

#2 Iagon 4.8

#3 Wemark 4.6

#4 ubiatarplay.io 4.6

#5 Holdvest 4.4

By the number of ratings

2.1. Top 5 ongoing ICOs

2.2. Top 5 ICOs launched this week 05.07-05.13.2018

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3. ICO market size

The initial coin offering has become one of the fastest growing means of investment by the end of 2017. The size of ICO market had its ups and downs over 2017 and, at the moment, has slightly lowered after the peak in December. In this section, we wanted to give you the big pic-ture of the size of the market, split into two major categories: market size per month and week and the market size per industry.

Week #ICOs Funds raised Avg.funds raised/ICO

Apr 30th, 2018 - May 7th, 2018 56 $325,912,207 $5,819,861

Apr 23rd, 2018 - Apr 30th, 2018 16 $67,041,383 $4,190,086

Apr 16th, 2018 - Apr 23rd, 2018 37 $261,783,494 $7,075,230

Apr 9th, 2018 - Apr 16th, 2018 9 $111,348,848 $12,372,094

3.1. ICO market size per week 04.09.2018-05.07.2018

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Month #ICOs Funds raised Avg.Funds raised

May 2018 37 $279,985,027 $7,567,163

April 2018 125 $796,405,616 $6,371,245

March 2018 128 $1,691,609,175 $13,215,697

February 2018 122 $1,422,343,948 $11,658,557

January 2018 77 $1,151,754,284 $14,957,848

December 2017 98 $1,622,093,045 $16,551,970

November 2017 68 $744,484,271 $10,948,298

October 2017 68 $851,663,991 $12,524,470

September 2017 53 $865,548,395 $16,331,102

August 2017 40 $346,748,662 $8,668,717

July 2017 28 $434,948,461 $15,533,874

June 2017 25 $764,356,908 $30,574,276

#ICOs

Funds raised

Avg.Funds raised

3.2. ICO market size per month for the past 12 months

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Category #ICOs Raised Avg. raised

Platform 1,299 $6,313,403,447 $4,860,203

Cryptocurrency 957 $4,174,204,075 $4,361,760

Business services 599 $2,311,364,065 $3,858,705

Investment 464 $1,681,196,198 $3,623,268

Software 400 $1,469,355,900 $3,673,390

Smart Contract 340 $404,283,599 $1,189,069

Internet 291 $1,029,621,634 $3,538,219

Entertainment 274 $881,927,509 $3,218,714

Banking 259 $2,008,670,402 $7,755,484

Infrastructure 254 $935,034,743 $3,681,239

Communication 219 $766,282,769 $3,499,008

Big Data 216 $415,301,285 $1,922,691

Artificial Intelligence 211 $372,776,302 $1,766,712

Media 151 $524,344,647 $3,472,481

Retail 144 $457,329,328 $3,175,898

Other 131 $240,192,221 $1,833,528

Health 117 $314,632,147 $2,689,164

Real estate 102 $197,660,281 $1,937,846

(see the next page)

3.3. ICO market size per industry for the past 12 months

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Category #ICOs Raised Avg. raised

Education 95 $114,551,327 $1,205,803

Tourism 80 $100,920,395 $1,261,505

Energy 79 $327,463,115 $4,145,103

Casino & Gambling 76 $241,407,825 $3,176,419

Sports 67 $139,043,308 $2,075,273

Manufacturing 66 $226,089,740 $3,425,602

Virtual Reality 63 $50,689,373 $804,593

Electronics 45 $222,483,704 $4,944,082

Charity 44 $62,765,897 $1,426,498

Legal 44 $47,186,200 $1,072,414

Art 34 $53,540,922 $1,574,733

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4. ICO market performance

There are two factors of financial success for any ICO: reaching their hard cap during the initial coin offering and having a big ROI (return on investment) after it. In this section, we show the market’s situation by the performance rate and ROI for the past 12 months and for all industries represented on our platform.

4.1. ICO performance rate for the past 12 months

% reached HC

% reached SC

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Category Raised ICOs % reached SC % reached HC

1 Platform $6,313,403,447 1299 29.64% 27.61%

2 Cryptocurrency $4,174,204,075 957 27.27% 24.11%

3 Business services $2,311,364,065 599 27.05% 25.35%

4 Investment $1,681,196,198 464 27.37% 22.99%

5 Software $1,469,355,900 400 25.25% 22.58%

6 Smart Contract $404,283,599 340 14.12% 9.81%

7 Internet $1,029,621,634 291 24.05% 21.38%

8 Entertainment $881,927,509 274 25.91% 22.47%

9 Banking $2,008,670,402 259 28.57% 27.92%

10 Infrastructure $935,034,743 254 22.83% 21.03%

11 Communication $766,282,769 219 21.46% 19.19%

12 Big Data $415,301,285 216 16.67% 12.12%

13 Artificial Intelligence $372,776,302 211 15.17% 10.26%

14 Media $524,344,647 151 24.50% 21.38%

4.2. ICO performance rate by industry

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Category Raised ICOs % reached SC % reached HC

15 Retail $457,329,328 144 20.83% 21.37%

16 Other $240,192,221 131 21.37% 14.78%

17 Health $314,632,147 117 19.66% 17.71%

18 Real estate $197,660,281 102 21.57% 27.78%

19 Education $114,551,327 95 15.79% 11.76%

20 Tourism $100,920,395 80 22.50% 29.11%

21 Energy $327,463,115 79 24.05% 17.33%

22 Casino & Gambling $241,407,825 76 34.21% 23.61%

23 Sports $139,043,308 67 28.36% 19.72%

24 Manufacturing $226,089,740 66 18.18% 4.76%

25 Virtual Reality $50,689,373 63 12.70% 18.33%

26 Electronics $222,483,704 45 15.56% 11.36%

27 Legal $47,186,200 44 18.18% 13.95%

28 Charity $62,765,897 44 13.64% 12.20%

29 Art $53,540,922 34 14.71% 12.50%

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ICO Token Ended Rating ICO priceCurrent

priceROI

#1 Filecoin FIL Sep 10th, 2017 2.4 0.75 USD 138,376.00

USD

18,450,072.92%

#2 NEO NEO Sep 7th, 2017 4.2 0.03 USD 75.29 USD 235,171.87%

#3 Emphy EPY Nov 5th, 2017 2.8 0.10 USD 122.18 USD 122,075.29%

#4 Emiratecoin EMC Dec 24th, 2017 1.0 0.01 USD 3.71 USD 37,010.64%

#5 Bitquence BQX Jul 16th, 2017 2.4 0.03 USD 4.65 USD 13,673.53%

#6 Populous PPT Jul 24th, 2017 3.1 0.25 USD 19.27 USD 7,667.72%

#7 Neblio NEBL Aug 20th, 2017 3.4 0.20 USD 14.92 USD 7,241.97%

#8 OmiseGO OMG Jul 23rd, 2017 3.8 0.23 USD 16.03 USD 6,919.10%

#9 Golem GNT Nov 13th, 2016 2.9 0.01 USD 0.69 USD 6,666.04%

#10 Nebulas NAS Dec 16th, 2017 4.5 2.00 USD 111.44 USD 5,472.20%

ICO Token Ended Rating ICO priceCurrent

priceROI

#1 Cappasity CAPP Mar 22nd, 2018 4.0 0.01 USD 0.04 USD 398.08%

4.3. Top 10 completed ICOs by ROI up to date

4.4. Top ICOs completed in March 2018 by ROI

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5. Blockchain community

#1

#4 #5 #6 #7

#9 #10#8

#2 #3David Drake Simon Cocking Vladimir Nikitin

225.2ISS69

ICOs

221.0ISS54

ICOs

Ian Scarffe Nikolay Shkilev Jason Hung Amarphreet Singh

Reuben GodfreyPhillip Nunn Nathan Christian

208.4ISS

127.5ISS

127.5ISS

90.6ISS

86.1ISS

83.9ISS

81.0ISS

31ICOs

55ICOs

31ICOs

22ICOs

22ICOs

23ICOs

19ICOs

5.1. Top 10 People of Blockchain

262.9ISS77

ICOs

19

#1 #2 #3 Ian Scarffe Vladimir Nikitin James Sowers

143 49 100/100

211 127 94/100

130 129 90/100 312 205 88/100

146 38 94/100 193 44 94/100

254 88 89/100

480 75 91/100

444 40 97/100 125 39 935/100 Rating

Rating

Rating Rating

Rating Rating

Rating

Rating

Rating Rating Reviews

Reviews

Reviews Reviews

Reviews Reviews

Reviews

Reviews

Reviews Reviews Weight

Weight

Weight Weight

Weight Weight

Weight

Weight

Weight Weight

#4 #5

#8

#6

#10#9

#7Jason Hung Nikolay Zvezdin

Richard Kastelein

Nikolay Shkilev

Douglas LyonsDaniil Morozov.

Igor Karavaev

5.2. Top 10 ICObench experts

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Agency ISS #ICOs

#1 AmaZix 190.8 62

#2 Token Market 100.8 17

#3 ICOBOX 99.5 34

#4 FoxTail Marketing 97.2 25

#5 TokenSuite 93.2 31

#6 ForkLog Consulting 87.5 18

#7 Ambisafe 84.5 22

#8 ROQ Media 80.2 22

#9 Tokenget 51.8 14

#10 7MARKETZ 49.3 14

5.3. Top 10 ICO agencies

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6. ICO Market Insider

We have asked our top experts to comment on the market trends and give their forecast for the upcoming week.

Anders LarssonICO Advisor

Investor in Crypto andBlockchain

Founder, CTO.

GiovanniLesna-Maranetto

EntrepreneurStartup / ICO Strategic Advisor

Blockchain EvangelistGlobal Speaker

Rick TapiaBlockchain Advisor

andConsultant

New ICOs in April rose to an ATH of 179, while funds dropped to the lowest level since Aug

2017, causing average funds raised per ICO to plummet from $13 M in March to $2.8 M in April,

according to ICObench. I am consulting over 20 ICOs and I can clearly see why.

ICO investors from January, when Ethereum topped at $1,432, saw tokens open for trading be-

low the ICO level in March and early April when ETH bottomed at $363. Those same people are

now considering whether we are still continuing down or have started the next major bull run.

Locking up funds in a down-trend is bad, but entering quality ICOs at the beginning of an

uptrend has previously offered life-changing returns. So which one is it?

I am optimistic. BTC is up 40% in a month. “Other” coins (non top-10) share of market cap shot

up from 17% mid-March to 25% today, indicating optimism for new projects.

Regulation will reduce uncertainty and no, the ETH token of 2018 is not a security. Finally, I see

ICO Generation 2.0 emerge, more transparent, compliant and business-focused - less lambos

and more hard work.

The 5-7th May saw fake news grip the ETH price around a fictitious convening of the SEC and

CFTC commissions, deciding on the classification of Ethereum. This highlights the shortcoming

of crypto related news and media impact on fuelling FOMO and behavioural economics. This

dampened crypto market gains from the prior week of April through to 5th May. The return of

volume and liquidity points towards recovering markets which crashed in mid-January to mid-

April 2018 from the December 2017 rally. EOS stunned the market in late April/May, peaking at

$23.02. EOS is posited as Ethereum 2.0 with improved transaction speeds and features; 70% of

its volume was Asian driven with hype around the EOS mainnet launch, 3 June 2018. My next

month prediction, sees EOS finding new ground above $30.00. Within 2 months, BCH will be

in excess of $2200, ETH will surpass its previous high of $1500. The BTC bulls/bears are showing

neutral stance with BTC trading in the $9000-9999 range, I foresee a breakout above $10,000

within the month. BTC will lose ground to altcoins with its dominance declining. ICOs paused

their crowd sales in April due unfavourable market conditions; 179 ICOs raised $500m in April

compared to 129 ICOS raising $1.6bn in March. Volatile markets make fundraising unattractive

for ICOs. In June, ICOs fundraising will resume, with higher ICO crowdfunding amounts raised

compared to April-May with June-July being key momentum months for markets. I believe the

market will recover aggressively surpassing $600bn market cap in Q3.

This past week was certainly an interesting one for the market. It continued to climb and then

took a slight hit on rumors such as the supposed SEC/ETH Security ruling that never came

to fruition. With the Blockchain Week events in New York City coming up next week, many

believe these events will help rally Bitcoin and subsequently the market itself as its done in

previous years. In terms of ICO’s, if 2017 was the year of hype, 2018 is the year of utility where

a number of projects with practical, real-world application are coming into the fold. I believe

that the market will eventually mature to the point where the strongest projects end up with a

firm grasp on their respective niche’ in the space. In addition, the level of interest in the Block-

chain and its underlying technologies is higher than it’s ever been on a global scale which

bodes well for the future of the space. With regards to institutional money coming into the

space, I remain cautiously optimistic. They have the power to drive the markets to new heights

but can also force massive corrections at their own will. This will ultimately lead to thoughtful

and necessary regulations to prevent bad actors from taking control of the space.

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