kaal:claim:3409548-032

ICO funding collapsed as a share of blockchain startup fundraising, falling from 80% to around 35% by August 2018, recovering only marginally to 40% to 50% between September 2018 and February 2019, and dropping to 20% in March 2019.

The percentage of ICOs in relation to total fundraising of blockchain startups dropped from 80% to around 35% in August 2018 and only marginally recovered between September 2018 and February 2019 at around 40% to 50% before dropping to 20% in March 2019.

Kaal, Financial Technology and Hedge Funds (2019), III.3 Diversification, p. 29
https://ssrn.com/abstract=3409548 · source PDF

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

• blockchain startup fundraising, 2018 to March 2019

empiricalsupport: evidencedsecurities-lawblockchaininnovationeconomics

• restates kaal:claim:3406323-004 The ICO share of total blockchain startup fundraising collapsed from about 80% to roughly 35% by August 2018, ...
• restated_by kaal:claim:3808852-022 The ICO share of blockchain startup fundraising collapsed from 80 percent to around 35 percent by August 2018,...

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