IronX launches $ 26 million ICO. New project for the IronX exchange, in a not very dynamic context for ICOs.
The cryptocurrency exchange IronX launched its $ 26 million ICO, hoping to thereby support its development plans.
We remember that IRONX is a regulated trading platform, created by the digital trading company IronFX and EmurgoHK, former developers of the ninth largest cryptocurrency by market capitalization.
Currently, IronX users are given the option to trade in fiat currencies such as the US dollar, the euro, the Japanese yen, and cryptocurrencies. The exchange currently supports Bitcoin (BTC), Ethereum (ETH), PumaPay (PMA), ADA, EOS, Litecoin (LTC), NEO, Stellar (XLM), Ripple (XRP) Tezos (XTZ), and its token. IRX.
Before using these services, customers must register on the platform and pass the "Know Your Customer (KYC)" questionnaire. After that, they will automatically receive 10 IRX bonuses.
Flop of the ICO 2019 collection
As reported by Cointelegraph a few days ago, TokenData would have found that in the first quarter of the 2019, approximately 118 million dollars have been raised through ICOs, for an overall volume that is more than 58 times less than the $ 6,9 billion collected in the same period of 2018. The report also revealed that of the 2.500 projects that TokenData has monitored since 2017, only 45% have successfully collected funds.
In February, a survey of institutional investors conducted by the Global Blockchain Business Council (GBBC) revealed that 19 percent of respondents believe that digital assets will be regularly invested and exchanged by 2021, thanks also to more regulatory discipline. acogliente. According to the survey, 41 percent believe that institutional investors will only enter the ICO sector in the next five years, while 23 percent said they do not see the investment potential within the ICO market.
