We can all notice that there is an increasing number of ICOs going on. The market is booming and ICOs are increasingly recognized as a strong financing tool for innovative projects.
Some statistics are particularly demonstrative:
As of October 2018, there have been 884 live ICOs vs. 456 in 2017 (FY) ( Source: CoinSchedule);
In terms of fundraising, more than $21bn have been raised as of October 2018 vs. $6.5bn for the full year 2017 ( Source: CoinSchedule).
But, at the same time, it is becoming more and more difficult to capture the most promising projects, due to the amount of data to process, sometimes the lack of exhaustive information, as well as the increasing complexity of the projects