The data shows that the total amount of ICO financing in the first half of 2019 was less than the amount of financing in June last year.

According to Cointelegraph, although the ICO boom may have weakened since mid-2018, there is still a lot of activity in the field of encryption financing. According to ICOdata.io, an ICO analysis company, in the first half of 2019, coin sales raised more than $340 million through 83 encryption fundraising events. In contrast, in June 2018 alone, token sales raised more than $900 million. Overall, ICO raised more than $7.8 billion from a total of 1,253 projects in 2018. In the previous year, 853 projects received more than $6.2 billion from token sales. So far, ICO sales in March and May of 2019 alone exceeded $100 million.