Weekly Blockchain Industry Report — 9th Issue: EOS Main Network Launch
(June 6 - June 15, 2018)
We are starting to post our Weekly Blockchain Industry Reports on our new Medium page in hopes of providing crypto-enthusiasts and other readers a more educated and holistic view of the current news on cryptocurrencies and blockchain technology. We will also be publishing our Monthly Reports and reports on specific Blockchain Verticals in the near future.
In our reports, we analyze and provide a Market Overview, Analysis of Top 200 Market Cap Projects, Analysis of Newly Listed Projects, Analysis of Closed Public Sales Projects, Important News on Global Governmental Policies and Blockchain Leaders, Trending Topics and Upcoming Crowdfunding Projects.
—
Market Overview
The week of June 6–15’s daily average global market capitalization of cryptocurrency is $304.4 billion and the daily average transaction volume is $15.48 billion, indicating a decline of 10.99% and 4.51% respectively. The daily average market capitalization of the top five cryptocurrencies has decreased by 10.36% from the previous week. EOS has experienced the greatest price decrease in the past week with a low of $9.44, a decrease of 36.30%. BCH closely follows with a 28.02% price decrease with a low of $818.62 this past week.
—
Analysis of Top 200 Market Cap Projects
The market capitalization of top 200 projects decreased by 15.76% compared with that of last week. Based on the main categories of cryptocurrency and payment, public chain and protocol, vertical industrial chain and protocol, and vertical industrial application, the vertical industrial application decreased the most.
Through further classification of the public chain and protocol vertical, it was found that this week’s exchange platform tokens and advertising verticals were on obvious decreases at rates of 40.29% and 36.74%. In comparison to OK Blockchain Capital’s previous weekly report, the two greatest-increasing verticals last week saw the largest drop this week, indicating that the popular verticals are accompanied by a high risk of retracement.
—
Analysis of Newly Listed Projects
There are 11 new projects in the market last week, 72.72% of which dropped in price within 24 hours of launch. Among the new projects, vertical chain and protocol and gambling had relatively better price performance. Most of the newly issued tokens are listed in IDEX, HitBTC, and Hotbit.
—
Analysis of Closed Public Sales Projects
There have been 35 closed public sales projects this week, totaling nearly 150 million USD. Among these projects, advertising and medical projects received most funding and were most prevalent.
—
Important News on Global Governmental Policies this Past Week
—
Keeping Up with the Blockchain Giants
—
Hot Topic of the Week: EOS Main Network Launch
The voting rate of the EOS main network officially exceeded 15% on June 15. The EOS main network was activated and formally launched. The first batch of 21 EOS supernodes (block producer) were created. EOS Canada took the top spot in the vote, with more than 42.3 million votes and 3.3%. In addition, there are 8 Chinese nodes.
The chart below shows the current 21 BP country distributions:
—
Appendix: Upcoming Crowdfunding Projects（6.16-6.22)
Please follow our twitter @ https://twitter.com/OKCapital_ to stay updated with our reports!
*Credits go to Cookie Deng for his superb research!
