90% of ICO Tokens Lack Use Cases Months After Their Crowdsales


TheMerkle ICO Tokens lack use CasesThere have been several dozen cryptocurrency ICOs this past summer alone. This new craze is attracting a lot of attention, although very few of these projects will ever realize their full potential. A new article on Bloomberg explains that only 20 out of 226 tokens tracked are currently being used. All the rest simply derive value from expectation and speculation. These numbers are pretty sobering, although no one should have expected anything else. ICO Tokens Are Speculation and Hype With hundreds of projects trying to raise millions of dollars through initial coin offerings, the industry has seen significant growth. While there


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