Too Long; Didn't Read
According to <a href="https://news.bitcoin.com/46-last-years-icos-failed-already/" target="_blank">Tokendata</a>, there were 902 token sales in 2017 which raised a total of more than $2 billion. Unfortunately, 142 projects did not survive and many more ICO startups failed either due to the founders taking the money and running, or by slowly ending any activity. As a result, 46% of last year’s ICOs were dead by early 2018. However, the ICO market is still hot — more than $1 billion has been raised since January 1 of this year.