The initial coin offerings (#ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally.
The data was revealed in a new report from token rating platform ICObench, shared with Markethive on May 25.
Providing data as of May 21, the report notes that the success rate of ICOs has increased, ostensibly reflecting a rise in projects’ quality. 85% of total funds raised so far in May reportedly belong to projects with a high (3-3.5) rating — as compared with 68% in April. According to ICObench’s data, the number of published projects in May has increased by 157 to hit 5,512 projects, with 287 ongoing ICOs and 140 upcoming #token sales expected.
The report notes that data for the total funds raised so far in May has been overwhelmed by the reported $1 billion initial exchange offering (IEO) from cryptocurrency exchange #Bitfinex — bringing the total amount of funds raised via token sales this month to roughly $1.075 billion.
As reported, an #IEO represents an alternative model of token offering wherein a centralized crypto exchange operates the sales and ostensibly vets both the projects themselves and prospective investors.
Aside from Bitfinex, IEOs from Economi and Poseidon each raised around $10.5 million and 2.4 million respectively, according to the report. The sum of all funds collected from the top 5 IEOs (excluding Bitfinex) so far this month hit almost $15.5 million.
Bitfinex’s major offering has resulted in May being the month with the highest total funds raised so far in 2019. In ICObench’s historical data — which represents May 2018 through May 21, 2019 — only May and June 2018 saw higher levels of total funds raised via token sales.
In terms of geographical distribution, the Brisitish Virgin Islands took the lead in terms of total funds raised, followed by the Cayman Islands. The United Kingdom contributed the highest number of ICOs — with 9 projects — yet scored only 7th place in terms of total funds.
As Markethive moves towards entering into the ICO race, we bring a working platform, an establish coin, an explosive Alexa rank, massive traffic, commanding SEO ranking, a great reputation, 4 years in beta and rave reveiws.
We are in our last private funding to prepare for a massive public crowd funding launch. Having already raised more than 1/3rd the funds.
Alexa has broken through to 27,400, Membership subscriptions have risen past 12,000, 1/3rd of our projected funding has been received!
We have built a social and market network on the blockchain. Over 20 years of developing, 4 years in beta, now we are listed on an exchange and ready to come out of beta with nearly 10,000 members, an Alexa ranking of 30,020 over 50,000 followers on our social networks.
Markethive coin has increased in value from 1 penny $.01 to a dime $.10 in a short amount of time. The crypto Bull Market has returned and will continue to grow in magnitude for the rest of the year.
By summers end the growth of the industry should be staggering. Two well know protagonist billionaires agree, Tim Draper and Tom Lee. https://markethive.com/group/marketingdept/blog/bitcoin-price-will-hit-4-million
This is one of the indications it is time to launch Markethive. After nearly a year with the new engineering firm and new engineers on the team, the platform is now stable and the next two months will be focused on bringing on many new upgrades, enhancements and new services.
Buy $1,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .12 share of an ILP.
Buy $2,500 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .35 share of an ILP.
Buy $5,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .8 share of an ILP.
Buy $10,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive 2 shares of an ILP (one ILP and one shadow ILP). A rotator: Plus earn an equal share of new ILP purchases in our official crowd funding launch of Markethive this summer (proposed)
Additional bonus: Existing ILP owners will also receive equal shares in the rotator Crowd Funding Launch and if you purchase an additional ILP via this offer we will double an equal amount of shares (not shadow shares) you currently hold. ie: [If you currently hold 3 ILP shares, and purchase 2 ($20,000) new ILP accounts “receiving 2 x 2 ILPS = 4” 2 of your 3 existing ILPs will also be doubled. Giving you a new total of 9 ILPs.] 3 + 1 now equals 9!
The following budget is what determined my decision to do one more private crowd funding before we launch our official Blockchain Crowd Funding and the Markethive Awareness campaign.
We need to raise the money to launch a huge ICO (like) public crowd funding campaign (AWARENESS CAMPAIGN) and need to raise $300k or more to make it a huge campaign. 60% of this money goes to launching our crowd funding campaign in June of this year. 40% goes to Markethive enhancements to prepare for the onslaught of new membership. We need to finish our Markethive.io site. It needs to be replicated. Our front page of Markethive is also getting a new face lift. And Markethive.net will be retrofitted as an ICO rating system
An online form to sign up for this offer is found at the bottom of this article or by tapping this link ILP SIGNUP
Phase One ($20,000):
We will need to publish large Press Release campaigns to the following Crypto News Sites
FINDICO.IO ONE MONTH PREMIUM: 3ETH Alexa: 1,172,488
ICOTOP.IO ICO Rating Agency Free to Add your ICO Alexa: 2,270,743
THETOKENER.COM Full Ad package $2220 Alexa: 2,279,375
SUB TOTAL $16,000.00
Advertising Channel for Email distribution, Social Networks Broadcasting, Banner advertising
BUYSELLADS.COM Crypto Bundle to 16 high ranked domains, social networks and email distribution runs $17,000 Alexa: 60,163
Required Development before Launch ($52,000)
Final Leg Project Priorities
1. New Root Domain front page to qualify us for a banner account – $4200
2. Floating video on home page. Replaces video in Upgrade Level page. Videos 1:Tutorials | 2:Entrepreneur | 3:Social Account Setup with associated links to the designated pages, sections or groups. – $840
3. The “NewsFeed” GROUP whereas members of the group posting to the group distributes the post to all Markethive members Newsfeeds from that member, not the group. Whereas pinning a post makes that post default on all new accounts made thereafter until Unpinned. https://markethive.com/group/default_newsfeed
NewsFeed Upgrade: New signup notification on all newsfeeds. Notification alerts to a new signup, their name and link to the Profile Page, ability to friend request and send a tip and (who signed them up?) $1400
4. NewsFeed repair: Anyone who is a friend should see your Newsfeed posts on their Newsfeed, This is broken and inconsistent. Mostly with new members. When a post is deleted by the author or Group admin, it should be deleted for all. I can show you where this is not working. $560
5. When a friends Group is posted to, it should not appear on my News Feed unless I am a member of that group. Right now that is broken and appears on my NewsFeed $560
6. NewsFeed Upgrade: We need a search and filter. Search allows searching keywords, members, date range, group posts, and GEO. Filter determines what default displays. Same ranges. $3500
7. Blocking a member. Hides all newsfeed posts from being viewed both ways, removes the blocked member from the group and deletes all posts in owners groups, removes all comments from owners blogs and hides all blog comments from member to owner and owner to member. Prevents blocked member from commenting on a blog, but allows viewing, and subscribing, but not SWIPING. $2800
8. Gateway: Payment Methods “Bitpay”, “AuthNet”, “Paypal”, “Amazon”, “Apple Pay”. All, payment processing is used for Entrepreneur monthly and yearly subscriptions and purchase of Markethive Ad Credits. Ad Credits can be used to purchase Markethive Coin to be used to purchase Advertising Services, such as News Feed Ad boosts, Banners, sponsored articles, Press Releases, Markethive Social Account broadcasts. $4200
9. Entrepreneur “Upgrade Level” redesigned $350
10. Picwic Tracking Broken: IT BUDGET $350
a. Capture Pages
b. Capture Widgets
c. WP Plugins
d. Profile Page
f. Mini Url
11. Leads Control Panel broken IT Budget $140
a. Empty folders disappear.
12. Autoresponder issues IT BUDGET $140
a. Drag and drop reorganizing is broken
13. Markethive.io (Crowd Funding Promo Site)
a. Secure Certificate
b. New ICO like template
c. Finish Markethive IO videos
14. API coin transfer (First wallet) – IT BUDGET $32,500
15. Remove Paypal, designate verified when the phone number has been verified. Replace the image with a new Image – IT BUDGET $70
16. Super Groups
a. Press Release Group. Customer built as a super group for just Press Release publishing and payment to publish standard, advanced and master levels. IT BUDGET $10,000
b. Sponsored Articles Super Group payment options for published to front page, distributed to social networks, distributed to WP blogs IT BUDGET $10,000
c. Curation function in all groups to add 3rd party RSS feeds and a deliver keyword(s) filter IT BUDGET $10,000
17. Automated Tutorial System IT Budget $5000
Proposed budget for IT upgrades is $90,000
Total proposed cash required ($193,000)
is a conservative estimate and we also want a treasure chest for additional development unforeseen at the moment.
As Bitcoin Surges, so will the Markethive Coin and subscriptions and paid services. Our timing could not be better. We survived the Crypto Winter and it is now time to go to the moon.
Markethive is this hybrid symbiotic phenomenon. Unique, exponentially powerful and will be a major driving force in unbelievable revenue generation as well as widespread respected service.
A Case study: Let’s look at the Media Content suppliers for the Crypto media. They have very big traffic and they publish banners, press releases, sponsored articles, ICO analysis all for fees and many make over a $million a year. The tools they use are not unlike the tools we deliver to you in Markethive. That being said, it is not difficult to grasp the fact many Markethive members can build a similar success with our system like we are building for you @ http://aboutbitco.in/
Keep in mind, we have not promoted it nor finished it, but it will be no different than a WordPress portal you could build using the same tools found in Markethive
Markethive is a market network and these tools are equally commanded by each individual which means any member at Markethive could produce similar traffic and revenue because of Markethive but not by Markethive. It is the entire vision to empower our members to achieve great heights.
The Markethive orientation program is the brain child of Doug and me. We have dedicated a once a week live event where we share our perspective on a particular aspect, feature and benefit of the many levels of the Hive.
When we do these events, we will record them and publish a blog and list them for one week in the calendar.
Markethive to the Moon!
Markethive's Automated Marketing Platform Is Bad To The Bone And It's Free
Your probably asking yourself how can something really be bad to the bone if it'sFree?
Well we built Markethive for you the entreprenuer. We built it for those that have the guts to step out of the inline thinking of getting a job and working every week for a paycheck. Like you Markethive is built on the premise that it is better to create jobs rather than go out and find one. Don't misunderstand me! I'm not saying that having a job is a bad thing, I'm saying, if you desire more like a many of us do. Then Markethive can help you with a road map and like minded people to help you along the way.
Markethive is built to inspire, give hope and a clear path to success. When you join Markethive for Free you have a whole social network of business people, which we call the Hive. These business minded individuals are just like you and they too have a drive deep down in their belly to achieve goals that are greater than that of the average internet marketer. But Markethive is not just a social network like Facebook, or LinkedIn. We offer you a great number of tools that bring all of your social network accounts under one roof. You can not get these tools on other sites. How do we know this? Because we've scoured the Internet looking for them. What we have at Markethive has a Bad To The Bone email auto responder system, Blogging platform that connects into WordPress, back office analytics tracking, capture page creation, one click wigit, groups section so that you can collaborate with other entrepreneurs and Blog Subscribe.
The Blog Subscribe allows other to share your post's to their social networks on auto pilot.
So let take a moment and compare Markethive to the other leading and most well known systems available for purchase.
Markethive offers more features and they are 10 times better for "Free"