Average ICO Investor Makes 82 Percent Profit: Boston College Researchers – New Report May 2018
May 31, 2018

The 54-page report, titled “Digital Tulips? Returns to Investors in Initial Coin Offerings,” examined 4,003 ICOs which raised a combined $12 billion and tracked the value of their tokens across different timeframes. The study found that the average ICO token rose 179% from its token sale price to its opening price after achieving listing on a cryptocurrency exchange, a holding period that lasted an average of just 16 days. Even after assuming…