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Good recap of ICO returns visualized by year by sofiapaskal

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· @sofiapaskal ·
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Good recap of ICO returns visualized by year
All of you enjoying good data science, please don't hesitate and follow Cryptokita on Twitter. Recently one fine <a href="https://twitter.com/cryptokita/status/1029743787139063809">visual</a>  caught my eye in this microblog. Distribution of the dots doesn't look surprising at all: little to no big MCAPs with significant downside + plenty of those loosing 60 percent and more.

This reminds me of one of the recent conference calls I had with a leading US lawyer specializing in crypto and digital assets. This experienced and wise gentleman told me:

"Many claim that crypto industry in similar to venture capital; some even say that TGEs are replacing VCs (in effect, becoming one big community VC fund). I dare to question that: in VC business there is actual venture behind the investment, and founders & investors work jointly to create some business which aims to generate some profit.

With crypto, we currently witness a big crowd of speculative investors who intend to have 10x returns in months or week, and noone speaks about 3-5 year. So it is all about the ultimate goal. And about time horizons."

![WhatsApp Image 2018-09-03 at 12.35.00.jpeg](https://cdn.steemitimages.com/DQmW2vJvuP8LNrqHPU9BJKsS9hoXSMQ7ht7LRurq9YQ7b8x/WhatsApp%20Image%202018-09-03%20at%2012.35.00.jpeg)
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