Research suggests that Russia plays one of the leading roles on the worldwide ICO market

In 2017 market share of Eastern-European countries has reached 17% of all completed ICO and pre-ICOs in the world. That would account for 22% of all the money collected at this market (around $1.2 Bn). 237 out of the total number of ICOs, that had come to the attention of ICObench and EWDN, were organized by Eastern-European countries: 130 by Russia, 22 by Estonia, 22 by Slovenia and 13 by Ukraine. By this count Russia is an indisputable regional and one of the world leaders in the area.