ICO Market Weekly Review

ICO Market Weekly Review # 21 August 17, 2018 https://icobench.com info@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 community 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 information about the ICO market. With over 4,100 projects and 60,000 professional profiles in enterprise and blockchain 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

Table of content 1. ICO Market Overview 4 1.1. Top 5 ICOs completed recently 4 1.2. Top 5 ICOs completed in July 2018 55 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 08.13-08.19.2018 9 3. ICO market size 10 3.1. ICO market size per week 07.16.2018-08.13.2018 10 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 14 4.2. ICO performance rate by industry 15-16 5. Blockchain community 18 17 5.1. Top 10 People of blockchain 18 17 5.2. Top 10 ICObench experts 18 19 5.3. Top 10 ICO agencies 20 19 6. ICO Market Insider 20 21 3

1. ICO Market Overview As a rating platform, we pay more attention to best ranking ICOs. Our evaluation system is based on a combination of the ICO profile rating based on our own algorithm that uses more than 20 different criteria and the ratings provided by the independent experts. On the other hand, it is highly important how much a project raised during its ICO and how the number and the value of the ratings could affect the number of funds raised. In this section, we try to build a picture of this interrelationship. 1.1. Top 5 ICOs completed recently ICO Funds raised ICO Rating #1 London Football Exchange $71,320,000 #1 SKYFchain 4.7 #2 4NEW $42,100,000 #2 TimeBox 4.7 #3 Sword Coin $20,660,000 #3 Tip Blockchain 4.7 #4 FOAM $13,750,000 #4 Gabro 4.7 #5 Datareum $5,144,571 By the amount of funds raised #5 GENEXI 4.6 By rating ICO Rating Funds raised ICO #Ratings #1 Datareum 4.4 $5,144,571 #1 SKYFchain 60 #2 Bitto Exchange 4.4 $1,104,454 #2 TimeBox 32 #3 FOAM 4.3 $13,750,000 #3 Worldopoly 29 #4 Streamity 4.3 $4,200,000 #4 TraXion 29 #5 AISI Coin 4.1 $5,000,000 By rating and amount of funds raised #5 Codex 25 By the number of ratings 4

1.2. Top 5 ICOs completed in July 2018 ICO Funds raised ICO Rating #1 Cryptosolartech $68,280,620 #1 FTEC 4.7 #2 Online $50,000,000 #2 Nauticus 4.6 #3 Liquidity.Network $26,029,981 #3 ZeroState 4.6 #4 Essentia $25,500,000 #4 Xriba 4.6 #5 TravelBlock $25,200,000 By the amount of funds raised #5 VRT 4.5 By rating ICO Rating Funds raised ICO #Ratings #1 FTEC 4.7 $995,000 #1 Etheal 59 #2 Nauticus 4.6 $16,916,000 #2 Open Source University 40 #3 Xriba 4.6 $12,600,000 #3 ZeroState 33 #4 Elysian 4.5 $7,000,000 #4 TV-TWO 32 #5 CryptoAds 4.5 $3,230,373 By rating and amount of funds raised #5 VRT 32 By the number of ratings 5

1.3. Top 5 ICOs to date ICO name Raised ICO name Rating #1 EOS $4,197,956,135 #1 Truegame 4.8 #2 Telegram Open Network $1,700,000,000 #2 Squeezer 4.7 #3 TaTaTu $575,000,000 #3 SKYFchain 4.7 #4 Dragon $320,000,000 #4 TimeBox 4.7 #5 HDAC $258,000,000 By the amount of funds raised #5 FTEC 4.7 By rating ICO name Rating Funds raised ICO name #Ratings #1 Truegame 4.8 $3,426,445 #1 Sharpay 102 #2 Karatgold Coin 4.7 $100,000,000 #2 Truegame 90 #3 Squeezer 4.7 $15,000,000 #3 WePower 81 #4 FTEC 4.7 $995,000 #4 Friendz 63 #5 HybridBlock 4.6 $47,830,000 By both rating and amount of funds raised #5 SKYFchain 60 By the number of ratings 6

1.4. Top countries on the ICO market Estonia Switzerland $1,574,701,338 #by raised funds 22.8 ICOs per 1M people #by the number of ICOs per 1 million people 206 ICOs #by the number of ICOs 149.7 ICOs per 1M people #by the number of ICOs per 1 million people Russia 263 ICOs #by the number of ICOs $2,293,096,201 #by raised funds UK USA 519 ICOs #by the number of ICOs $6,914,381,443 #by raised funds 324 ICOs #by the number of ICOs $1,059,451,525 #by raised funds Slovenia Cyprus 33.1 ICOs per 1M people #by the number of ICOs per 1 million people 19.7 ICOs per 1M people #by the number of ICOs per 1 million people Singapore 354 ICOs #by the number of ICOs $1,618,192,557 #by raised funds 60.4 ICOs per 1M people #by the number of ICOs per 1 million people Countries & Platforms The 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. 7

1.5. Top platforms used by ICOs Platform ICOs % Avg.rating Avg.raised #1 Ethereum 3,310 80.38% 3.1 $4,956,748 #2 Waves 105 2.55% 2.6 $1,211,506 #3 Stellar 40 0.97% 3.4 $6,086,046 #4 NEO 28 0.68% 3.5 $3,534,398 #5 NEM 18 0.44% 3.3 $3,536,641 #6 EOS 16 0.39% 3.8 $-0 #7 Scrypt 16 0.39% 2.4 $1,299,859 #8 Separate blockchain 12 0.29% 3.0 $4,081,755 #9 Ethereum and Waves 9 0.22% 2.3 $451,303 #10 Bitcoin 9 0.22% 2.1 $7,019 8

2. Trending ICOs The ICO market is changing every day, crowning the projects those succeed to reach the perfect 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. 2.1. Top 5 ongoing ICOs ICO name Rating ICO name Rating #1 ephelants360 4.8 #1 INTRO 33 #2 CryptoRevolution 4.8 #2 Iagon 32 #3 Trivver 4.7 #3 Cryptassist 31 #4 Eternal Trusts 4.7 #4 TraXion 29 #5 Tip Blockchain 4.7 By raiting #5 Worldopoly 29 By number of ratings 2.2. Top 5 ICOs launched this week 08.13.2018-08.19.2018 ICO name Rating ICO name #Ratings #1 EON Protocol 4.7 #1 Fanfare 22 #2 FRELDO 4.4 #2 AutoBay 18 #3 OPP Open WiFi 4.4 #3 COTI 16 #4 EVO 4.3 #4 Invest in Brokers 16 #5 Firmo 4.3 By rating #5 Herdius 12 By the number of ratings 9

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 picture of the size of the market, split into two major categories: market size per month and week and the market size per industry. 3.1. ICO market size per week 07.16.2018-08.13.2018 Week #ICOs Funds raised Avg.funds raised/ico Aug 6th, 2018 - Aug 13th, 2018 11* $70,995,779* $6,454,162* Jul 30th, 2018 - Aug 6th, 2018 30 $210,619,800 $7,020,660 Jul 23rd, 2018 - Jul 30th, 2018 16 $127,024,322 $7,939,020 Jul 16th, 2018 - Jul 23rd, 2018 19 $205,978,723 $10,840,985 * this data will be updated 10

3.2. ICO market size per month for the past 12 months Month #ICOs Funds raised Avg.Funds raised August 2018 16* $172,501,398* $10,781,337* July 2018 85 $685,669,045 $8,066,695 June 2018 98 $1,507,466,836 $15,382,315 May 2018 126 $1,071,855,244 $8,506,788 April 2018 107 $1,059,069,548 $9,897,846 March 2018 116 $1,735,377,226 $14,960,149 February 2018 104 $1,502,337,748 $14,445,555 January 2018 71 $1,365,515,824 $19,232,617 December 2017 89 $1,626,953,231 $18,280,373 November 2017 65 $749,225,976 $11,526,553 October 2017 69 $913,172,460 $13,234,383 September 2017 51 $837,753,177 $16,426,533 * this data will be updated 11

3.3. ICO market size per industry for the past 12 months Category #ICOs Raised Avg. raised Platform 1,683 $9,911,581,674 $5,889,235 Cryptocurrency 1,143 $11,400,511,968 $9,974,201 Business services 718 $2,999,279,747 $4,177,270 Investment 547 $2,352,923,609 $4,301,506 Smart Contract 483 $1,234,918,751 $2,556,768 Software 478 $2,183,893,355 $4,568,815 Internet 375 $1,771,058,186 $4,722,822 Infrastructure 342 $3,099,216,958 $9,062,038 Entertainment 333 $1,260,042,311 $3,783,911 Artificial Intelligence 308 $671,805,482 $2,181,187 Banking 305 $2,657,870,933 $8,714,331 Big Data 287 $763,584,445 $2,660,573 Communication 260 $1,139,379,175 $4,382,228 Media 199 $1,330,384,691 $6,685,350 Other 197 $444,114,903 $2,254,390 Retail 176 $655,316,089 $3,723,387 Health 145 $422,922,118 $2,916,704 Education 126 $197,760,325 $1,569,526 (see the next page) 12

Category #ICOs Raised Avg. raised Real estate 120 $324,348,500 $2,702,904 Energy 95 $435,645,309 $4,585,740 Sports 93 $305,339,236 $3,283,218 Tourism 91 $151,388,902 $1,663,614 Manufacturing 89 $235,850,504 $2,650,006 Virtual Reality 88 $203,798,716 $2,315,895 Casino & Gambling 83 $601,612,342 $7,248,341 Legal 62 $141,969,715 $2,289,834 Electronics 55 $313,218,844 $5,694,888 Charity 51 $75,428,345 $1,478,987 Art 47 $71,510,399 $1,521,498 13

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 * * 2017 2018 * this data will be updated % reached HC % reached SC 14

4.2. ICO performance rate by industry This graph is showing the percentage of the ICOs that reached soft and hard cap in the past 12 months by industry. industries % reached hard cap % reached soft cap Category Raised ICOs % reached SC % reached HC 1. Platform $9,911,581,674 1683 36.66% 33.81% 2. Cryptocurrency $11,400,511,968 1143 37.80% 35.43% 3. Business services $2,999,279,747 718 38.58% 35.10% 4. Investment $2,352,923,609 547 40.04% 37.11% 5. Smart Contract $1,234,918,751 483 25.26% 25.05% 6. Software $2,183,893,355 478 38.49% 35.15% 7. Internet $1,771,058,186 375 36.80% 33.07% 8. Infrastructure $3,099,216,958 342 30.70% 29.53% 9. Entertainment $1,260,042,311 333 38.14% 32.43% 10. Artificial Intelligence $671,805,482 308 22.73% 22.73% 11. Banking $2,657,870,933 305 44.26% 39.34% 12. Big Data $763,584,445 287 26.48% 25.78% 15

Category Raised ICOs % reached SC % reached HC 13. Communication $1,139,379,175 260 34.23% 32.31% 14. Media $1,330,384,691 199 35.68% 33.67% 15. Other $444,114,903 197 25.38% 24.37% 16. Retail $655,316,089 176 28.98% 26.70% 17. Health $422,922,118 145 24.83% 24.14% 18. Education $197,760,325 126 20.63% 20.63% 19. Real estate $324,348,500 120 37.50% 35.83% 20. Energy $435,645,309 95 29.47% 29.47% 21. Sports $305,339,236 93 41.94% 38.71% 22. Tourism $151,388,902 91 36.26% 35.16% 23. Manufacturing $235,850,504 89 19.10% 19.10% 24. Virtual Reality $203,798,716 88 19.32% 18.18% 25. Casino & Gambling $601,612,342 83 50.60% 44.58% 26. Legal $141,969,715 62 27.42% 27.42% 27. Electronics $313,218,844 55 30.91% 30.91% 28. Charity $75,428,345 51 19.61% 19.61% 29. Art $71,510,399 47 21.28% 17.02% 16

5. Blockchain community 5.1. Top 10 People of Blockchain #1 #2 #3 Simon Cocking Ian Scarffe Nikolay Shkilev 255.1 ISS 85 ICOs 250.3 ISS 73 ICOs 198.3 ISS 55 ICOs #4 #5 #6 #7 Vladimir Nikitin Ismail Malik Naviin Kapoor Hung Chih (Jason Hung) 178.9 50 148.7 38 148.3 45 128.4 39 ISS ICOs ISS ICOs ISS ICOs ISS ICOs #8 Jeremy Khoo #9 #10 Amarpreet Singh Anders Larsson 123.1 ISS 29 ICOs 121.9 ISS 34 ICOs 115.5 ISS 32 ICOs 17

5.2. Top 10 ICObench experts #1 #2 Luca Cotta Igor Karavaev #3 Hung Chih (Jason Hung) 374 130 90/100 Rating Reviews Weight 590 196 90/100 Rating Reviews Weight 232 149 89/100 Rating Reviews Weight #4 Douglas Lyons 393 289 89/100 Rating Reviews Weight #5 #6 Nathan Christian Nikolay Shkilev 478 165 88/100 230 90 87/100 Rating Reviews Weight Rating Reviews Weight #7 Mofassair Hossain 489 243 84/100 Rating Reviews Weight #8 Tyler Sanford 149 113 84/100 Rating Reviews Weight #9 Richard Kastelein 162 161 83/100 Rating Reviews Weight #10 Paul Mears 143 118 83/100 Rating Reviews Weight 18

5.3. Top 10 ICO agencies Agency ISS #ICOs #1 Coinzilla 255.5 92 #2 MarketAcross 253.7 54 #3 AmaZix 238.2 81 #4 TokenSuite 175.2 62 #5 ICO-TOP 169.8 48 #6 Bountyhive 160.9 50 #7 ICO Vortex 142.1 53 #8 Tge.company 141.7 54 #9 ICOBOX 110.9 41 #10 FoxTail Marketing 109.8 30 19

6. ICO Market Insider We have asked our top experts to comment on the market trends and give their forecast for the upcoming week. 3 ICOs Paresh Masani Executive Director Project Lead Developer Influencer Advisor Blockchain and Security Expert Investor The cryptocurrency market is experiencing a substantial decline, which has been ongoing since January 2018. Every major coin is undergoing severe losses in value, with no signs of a bullish reversal in sight. One of the most popular cryptocurrencies, Ethereum, has been affected by the bear trend in the market. This has had a domino effect on the ICO landscape, as most ICOs have been accepting Ethereum as payment in exchange of their tokens. As a result of the downward trend, many investors have been hit by a state of panic and have been selling all their coins. In turn, this has pushed the price of Ethereum down. At the time of writing, the price of ether is at $280, the lowest it has been since November 2017. Moreover, the fact that Ethereum has been declining over the past months has put the ICO market in a complicated situation. A lot of projects have decided to postpone their token sale because the Ethereum blockchain and currency seem too unstable. As a result, the whole crypto economy is stuck, waiting for stability and certainty to reappear. A simple Google search will show a large number of projects announcing that their ICO is being delayed. Another issue that has been affecting the crypto space and the ICO market has been the delayed decision by the U.S. Securities and Exchange Commission (SEC) concerning the approval of the first-ever bitcoin ETF. This has taken a toll on all the major coins, including bitcoin, Ethereum, and Litecoin who have seen their value decrease overnight. The whole market is now holding its breath until a decision is potentially made in September, although the SEC could push it back to 2019. This paints a bleak picture for crowd sales in 2018. However, I am convinced that the bear trend will be reversed and that the cryptocurrency and ICO markets will soon see brighter days once again. In my opinion, Bitcoin is here to stay and will soon take a major role in our economy and the financial industry. More than just the currency itself, I firmly believe in the blockchain technology and the hundreds of applications and innovations it can bring across multiple sectors. The market is unstable as of now and is going through a downward spiral, but it is just a matter of time and adoption before it takes off and reaches a new all-time high. It almost reached $20,000 in December of last year, and it is not impossible for it to reach $1,000,000 once it hits mass adoption. The difference between cryptocurrencies, such as bitcoin or Ethereum, and fiat is that unlike fiat, they are not controlled by the government and their value can increase considerably according to their potential and actual purpose. Major banks (can t name them) have also heavily invested in the blockchain technology. This is why I genuinely believe these major coins will soon know an incredible run and see hundreds, if not thousands, of innovations relying on their blockchains. This leads me to talk about Ethereum. I strongly believe that Ethereum is here to stay as well. With its next upgrade Ethereum Casper coming in 2019, adding proof of stake to its network, it will be stronger than ever and ready to support all the projects and ICOs that will launch in the near future. With my strong technical background, I do understand the underneath technology behind Ethereum; the primary concern they have at the moment is Scalability, but it happens on any outstanding technology innovation when they get popular in no time! I strongly believe in Vitalik Buterin s vision for Ethereum s future and his intention to make the community a better place. In conclusion, the cryptocurrency space and the ICO market are experiencing a severe bear trend, which does not show signs of slowing down anytime soon. However, the potential for growth is huge and it is without a doubt that we will see popular digital currencies, such as bitcoin or ethereum, soon retake their place in the financial and economic landscape. Disclaimer : Not an investment advise. Please DYOR. 20

Mohit Tater Blockchain & ICO Advisor Investor Serial Entrepreneur The last few days have been a rollercoaster ride for the crypto industry and the people involved in it. With markets hitting new lows every other day, it s probable that a lot of investors are getting really skeptical about the potential of cryptocurrencies in near future. Threatened by lack of interest from investors, the ICOs are extending tokens at fairly low rates to pull in more investors. Being a blockchain expert, I know a thing or two about the potential of blockchain technology in the near future. And if you ask me, things look very promising to me. It s just that we are at the very early stages of this technology and it will take some time before it matures and becomes mainstream. Technology wise, Ethereum still faces some challenges but with the upcoming updates that Vitalik has promised, particularly the consensus algorithm which should eliminate the issue of 51% attacks completely and with Ethereum moving to POS soon, it should solidify Ethereum s position further. Looking at the ICO landscape today, companies are facing more and more challenges raising funds since investors have become more educated and picky now. The best advice on how to stand out in this market is to have a well-planned strategy, a solid product and clear communication with end-users and investors. This will help you more than anything else can. I see a lot of projects trying to achieve the same thing. For them, I can only emphasize the importance of leaving aside short-term goals and collaborating with each other to do things better and faster for the greater good of the industry. As you know, I advise and consult with companies in the blockchain space; I get approached on a daily basis by founders asking me to help them raise money. Regardless of whether I consult with them or not, the one piece of advice I give everyone is the following: build something of value and the money will come; don t focus on money first. We are living in exciting times, and I look forward to what the next few months have in store. 21

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