ICO Class of 2017

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Of the ICO start-ups we looked at from The Class of 2017, only 29% (25) have working products or prototypes, up by just 13% from the end of last year.

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Investment return market_size · 66%

An investor purchasing a portfolio of The Class of 2017 ICOs on 1 January 2018 would most likely have lost 66% of their investment.

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The slide uses a visual metaphor of a digital cable knot to represent the complexity/entanglement of the ICO market.