Token Sale and Fundraising Platform Analysis



17 Token Sales was conducted last week on 13 Different Launchpads with $3.4M Total Raised.
- Aura Network $715k raise
- Wombat $600k raise
- DRIVEZ $525k raise
- Dragon Crypto Gaming $400k raise
- KLAP $200k raise
- Fusotao Protocol $200k raise
- Monopoly Millionaire Control $200k raise
- Chirpley $100k raise
- XDAO $90k raise
- Cyber City $50k raise
- and others

The number of TGEs has significantly decreased with many startups postponing token sales and delaying listings. Web traffic to IDO platformshas also decreased by about 25%.
There have been two notable TGEs conducted in the past week, with WOMBAT raising an impressive $600K on Polkastarter with 1.59x ROI. Monopoly Millionaire Control similarly showed good results by raising $200k on ByBit Launchpool, showing 1.04x ROI.

In the current market conditions, only a few IDO platforms are managing to record positive ROIs. It is worth mentioning, however, that Maiar launchpad, has shown the best current ROI performance. In terms of IEO platforms, Binance is firmly in the lead with a total of 32 TGEs and an impressive average of 31.5x on current ROI.

Inspite of difficult market conditions, projects are continuing to raise funds via launchpads. To keep up-to-date on any upcoming token sales you can visit the Upcoming ICO page on CryptoRank: cryptorank.io/upcoming-ico

Disclaimer: This post was independently created by the author(s) for general informational purposes and does not necessarily reflect the views of ChainRank Analytics OÜ. The author(s) may hold cryptocurrencies mentioned in this report. This post is not investment advice. Conduct your own research and consult an independent financial, tax, or legal advisor before making any investment decisions. The information here does not constitute an offer or solicitation to buy or sell any financial instrument or participate in any trading strategy. Past performance is no guarantee of future results. Without the prior written consent of CryptoRank, no part of this report may be copied, photocopied, reproduced or redistributed in any form or by any means.