Report shows post-ICO tokens scarcely used

Tuesday 24 October 2017 11:02 CET | News

Token Report, a large database of verified information on ICOs, has released data on the number of cryptocurrencies actively in use.

Of the 226 ICOs in Token Report’s database that have been completed, 20 of those tokens, or just under 1 in 10, are actively in use, excluding Ethereum. This type of data can help evaluate future investments and indicate larger trends in token utility.

The projects with tokens in use are Voxelus (VOX), PopChest (POP), Wings (WINGS), Spells of Genesis (EDS), Storj (STORJ), Counterparty (XCP), Sia (SIA), Augur (REP), Pepe Cash (PEPECASH), Omni (OMNI), Book of Orbs (ORB), Chronobank (LH), Bitconnect (BCC), Kin (KIN), Footballcoin (XFC), NEO (NEO), Nxt (NXT), TenX (PAY), IOTA (IOTA), (CFI).

Token Report’s business model is based on membership fees from the individual investors, family offices and cryptocurrency exchanges that are among the users in its private beta. The company has built a large database of verified information on ICOs and a network that is capable of providing financial data on every tokenization that emerges.

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Keywords: cryptocurrency, ICO, tokens, Ethereum, Voxelus, TenX, IOTA, Token Report, Kin
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies