As running an initial coin offering has been the biggest trend for the startups for over a year, it has become crucial for media and research agencies to have a trustful and complete source of information about the ICO market. This need was one of the reasons for us to make our Data API open to the developers, researchers, and journalists. With over 1900 projects listed on the site and over 35000 profiles of professionals in business and blockchain, we can ensure the clearest picture of the situation in the market and the community.

Last December we started cooperating with the news and research agency East-West Digital News in order to give them the information needed for their research of Central and Eastern Europe’s startup innovation and venture scene. This study had the goal to answer the questions like how much venture capitals invest in the region’s countries, which startups are the most well-funded, or why so many ICOs come from Central and Eastern Europe (CEE).

ICObench provided the agency with the data for one of the biggest sections of the report dedicated to the ICOs and the blockchain. Our Data API was used to extract the information on the number of ICOs run in the region, amount of funds raised during the ICOs as well as the average amount raised per ICO, and the industry split of the market. As the result, the agency created not only the first ever startup study covering 24 countries of the CEE region, but also the first such research of the region’s crypto market and community. More than 100 local and international experts, entrepreneurs, and investors took part in it.

The findings of the ICO part of the report are giving a totally new perspective of the investment trends in the region: while CEE accounts for less than 1% of the global venture market, it represents around 20% of the ICO market, which is huge in the worldwide context. There are numerous strong blockchain projects from the region, some of them being described in the report through case studies and interviews.

The research team went way further than just numbers and statistics digest, as the report includes numerous interviews with local industry experts, major investors, corporate leaders and government officials. It also contains a number of stories and insights from local entrepreneurs and startup teams. The biggest finding about the ICO market in the region is the so-called “Blockchain Spring” that takes place in CEE. At the moment, Eastern Europe and Russia represent the second largest community in the world (after the USA) contributing to the blockchain technology, and the third largest Bitcoin mining pool.

You can find these and other discoveries about the blockchain market and the startup investments world in general in the report based on the research of East-West Digital News agency. Only “The Token Spring of Central & Eastern Europe” part of the report takes 100 pages, so one can imagine the amount of work done by the team. We are proud to be part of this research and that our Data API helps the inquiring minds from all over the world reach the market information fastly and easily.

The ICObench Data API is already used by numerous universities, medias, and developers, helping them build their researches, articles and applications on the best source of information about the market. You can also register, request the API keys and start your project on ICO market or the blockchain community today!