Under 1 in 10 post-ICO cryptocurrencies are actively used
Token Report, the world’s largest database of verified information on Initial Coin Offerings (ICOs), has released data on the number of digital currencies actively in use. Of the 226 ICOs in Token Report’s database that have completed, 20 of those cryptocurrencies, or just under 1 in 10, are actively in use, excluding ether.
Token Report’s recently established membership program, Token Clarity, provides actionable ICO updates and research that offers investor insights for novices, high-volume traders, and institutions alike. The Token Report network provides financial data on almost every tokenization that surfaces, including insights into the real-world usage of post-ICO cryptocurrencies.
Token Report founder and CEO Galen Moore said in a press release CoinReport received, “While most tokens are bought and sold on speculation, Token Report has researched and analyzed which ones are being put to use on their various decentralized apps and platforms.
“This type of data can help evaluate future investments and indicate larger trends in token utility.”
The projects with cryptocurrencies in use are:
Image – Courtesy of Token Report via PR firm Transform PR
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