Location, Location, Location?
Monday, December 4, 2017The Location of Legal Entities & Founders behind ICOs Over the past months, we have worked with European VC firm Atomico on the data side to contribute to their annual State of European Tech Report. This year’s report wouldn’t be complete without a data-driven section about the crypto and ICO frenzy, so together…
Stranger Token Things
Monday, November 20, 2017Unreported and Extended Token Sales Last week, the TokenData team took a short hiatus from the newsletter and crunching token returns. For those of you who missed us and pictured us working in a worn down Regus office whiteboarding and roadmapping away – we have to disappoint you – we spent…
Leaving Tokens on the Table
Monday, November 6, 2017Day 1 Token Trading Analysis For those unfamiliar with the land of academic research in “traditional” finance, the “Day One” trading return for IPOs (aka “trading pop”) is a mythical creature described in thousands of articles written by fledgling PhD students and the occasional Nobel prize winner. Long story short: the starting question…
Diminishing Token Returns (cont)
Monday, October 30, 2017A Graph of Diminishing Token Returns Last week‘s update about diminishing token returns prompted a number of questions and comments. One of the most recurring questions was if we could plot the historical values of the hypothetical token portfolio and show it against ETH and BTC. In anticipation of a…
Diminishing Token Returns
Monday, October 23, 2017Last week we showed a simple table in our newsletter that showed the relative performance of ICO-issued tokens versus Bitcoin and Ethereum (conclusion: ~30% of tokens have returned more than both BTC and ETH since the respective ICO dates). We received many requests for a more granular take on this data, so we did…
Q&A with Amentum: A Crypto Fund with a Mission
Monday, October 23, 2017Supporting TokenData since before it was even called TokenData, Steven McKie (the guy behind BlockChannel) recently announced the launch of a new investment fund called Amentum. When we looked at Amentum’s twitter feed, all we saw was the fund’s mission statement — “A crypto fund focused on diversity, security, interoperability, and sustainability for…
Decentralized Trading & Networked Liquidity: Q&A with Radar Relay
Sunday, October 22, 2017One of the biggest questions that comes to mind in the token sale boom is how and where new tokens will be traded. Decentralized trading protocols and exchanges such as 0x and Kyber are being developed as an alternative and complement to centralized liquidity providers. In this interview the team…
The 1000th ICO
Monday, October 16, 2017The TokenData Take: Firstly, the boring news – last week, 10 ICOs raised $60M. This is a fairly low number, although we still have more than 140 active ICOs that are scheduled to close in October (and have raised more than $230M already). Secondly, the mindboggling stuff: One THOUSAND token sales/ICOs – that’s our stat…
The curious case of ICO whitelists
Tuesday, October 10, 2017The TokenData Take: Following last week’s newsletter, we confirmed a number of additional ICOs that successfully raised capital in September. This brings the total amount of capital raised through ICOs to $731M in September and $2.7B year-to-date. With 15 ICOs raising $105M in the first week of October, the ICO market is on track to easily hit $3B in 2017 and…
A Career in Crypto — Linda Xie
Wednesday, September 27, 2017One name that consistently shows up in any meaningful discussion we have about tokens, ICOs, decentralized business models and cryptocurrency careers is Linda Xie: Former Coinbase PM, writer of excellent beginner guides and advisor to the 0x project — the only thing missing from her stellar crypto CV was a crypto-focused investment fund. So when…