Are 80% of ICOs Scams? Statis Group LLC Stat Overview
Back on March 21st, Sherwin Dowlat posted an article via Medium titled “ICO Quality: Development & Trading.” Dowlat is a researcher, apart from the Static Group LLC that bills itself as an “ICO Advisory firm” based out of New York.
Along with his partner, Michael Hodapp, they have constructed a rubric for how ICOs can be classified and ranked. The ICOs are broken down into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, and Successful. I don’t quite understand the reason for the six, but there are six groups, none-the-less. Let’s dig into these groups a …
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