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RE: 📰 2/8/2018 Mask off, "utility tokens": all of them can be recognized as securities in Asia; July token sales attracted a record low amount of funds; news by ICO Telegraph
How long do these altcoins last? Very few if any are generating income they are living off coins what happens when they run out? For many of the newer ones, it's been over a year, test nets galore but is anyone generating $? Honest question.
You are absolutely right, @vgc5000. Most of the altcoins came from ICOs and a lot of them will die over the long term. Probably more than 95%, I think this ratio is similar for most startups. Only the projects who has real product and usage will continue in the market in next few years. Thousands of ICOs will disappear from the coinmarketcap and new thousands will come. But I think some altcoins will survive over the long-term and some of them will compete with biggest existing cryptos.