Token Sale Market Overview: Q1 2018 – Hacker Noon

Fundraising volume by country and region

Token sales, Jan 2014 — Mar 2018

Methodology

Fundraising amounts were sourced via the Elementus Protocol, an expert system that extracts and interprets on-chain transaction data. In contrast, most token sale statistics available online rely strictly on third-party reported amounts, which may be outdated and incomplete.

Fundraising amounts were converted into USD at the prevailing crypto exchange rate at the time the sale closed. Contributions to the EOS ICO, which has been ongoing since June, 2017, were converted daily at the ETH-USD exchange rate.

Funds raised through SAFTs and other token-convertible securities were sourced from SEC filings. The Petro figures are those reported by Venezuelan president Nicholas Maduro.

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