Forecast for 2019 of ICOBox: the main companies will be able to choose between the IPO and the market of cryptographic products
2019 can set a record for the number of mega technology projects that are being prepared for their IPOs. The last time, something like this happened in the year 2000 during the peak of the dot com: at that time, companies could raise more than $ 108 billion.
Experts from the International Blockchain Research Center of ICOBox believe that next year this brand has the potential to be overcome several times, despite pessimistic expectations about the cryptography market and global financial markets.
Uber and Lyft, Zoom and Slack, Postmates and Instacart, CrowdStrike and Cloudflare, as well as Airbnb, Palantir Technologies and Pinterest: total lavaloración of these giants of the industry is approximately $ 250 billion, and each of them can perform an IPO in 2019.
To compare: in the year 2000, the largest companies listed on the stock market were AT & T Wireless and Palm, whose combined valuation amounted to $ 89 billion. It seems that today's mega technology companies are likely to be much more successful, although, according to Ernst & Young, in the first three quarters of this year, the number of Initial Public Offers in global exchanges was reduced by 18% in compared to the same period of 2017, and 80% of the IPOs performed in 2018 in the United States failed.
"Investors believe in unicorns": large companies that are worth more than $ 1 billion. Unicorns are the ones that can attract the most funds. See for yourself: while the total number of IPOs made decreased, the amount of funds raised in the first three quarters of 2018 grew by 9% and exceeded $ 145 billion, as calculated by Ernst & Young, "says Daria Generalova, co-founder and managing partner in ICOBox.
"The same trend can be seen in the cryptographic market, by the way: the number of projects has decreased drastically, but the amount of money they raised has increased. This tells us that the problems faced by the traditional and cryptocurrency markets are quite similar.
It seems that all investors today are mainly interested in large projects implemented by a highly professional team, which has a good and solid vision of the future development of the project. "
The IPOs are also attracting interest in several projects related to cryptography: Bitmain, Robinhood, Bitfury, Canaan Creative and Argo Blockchain have publicly declared their intention to enter traditional exchanges. IBRC experts predict that this trend will be picked up by companies that successfully completed their ICOs in 2017-2018, established a profitable business and demonstrated that they were not a scam.
"This means that 2019-2020 can see numerous rounds of capital, which will be followed in 2021-2022 by IPO," concludes Daria Generalova.
Disclaimer: CriptomonedaseICO is not affiliated with any of the companies mentioned in this article and is not responsible for their products and / or services. This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest.
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