According to the Interlink Pulse Report, ICO almost fell below the bottom of the valley after a year. According to statistics, in March 2019, the ICO financing amount was as low as US$15 million, a decrease of 99.16% compared with the March 2018 data. The difference between the two years of data is 120 times. At the same time, the ICO financing amount in the first quarter of 19 years was only 239 million US dollars, which was 94.59% lower than the first quarter of 2018, which was 4.418 billion US dollars. Compared with the 998 million US dollars in the fourth quarter of 2018, the chain ratio decreased by 75.9%.