Since the first successful ICO (initial coin offering) to the present time the total volume of such offering amounted to $3.7 billion.
The Russian projects volumes (those in which the CEOs and/or the teams are from Russia) accounted to $310 million (number one USA – $1.03 billion, the third place is with Singapore – $260 million).
The proportion of projects that achieve desired goals of fundraising gradually decreases in 2017. Investors become more cautious, and regulators become active when signs of violations of the law are evident. About 70% of the Russian projects attracted funds in 2017.
In 2018 Russian projects can attract similar volume through ICOs, but the number of projects will decrease and they will be of better quality.