ICObench announces the new Benchy Health Index for Real Estate.
Cryptocurrencies are already transforming the financial sector. By providing a real estate solution they would make cryptos more real in the minds of consumers. Cryptocurrencies offer several real advantages to the real estate market. From smart contracts to the clarity of ownership, blockchains bring modernization to a global economic system that was passed over by digital innovation.
As of today, there were only 41 projects in the Sports industry where the success rate was almost 60% slightly below the most top industries have. At the same time, it was raised only slightly more than $350M throughout the time. ICObench Health Index for the Real Estate industry is almost 3.0 out of of 5 (the Health Index is the relation of alive and functioning projects versus overall projects). The number is below the average Health Index among the industries. From the other side, 40% of projects have vanished and do not exist anymore whatsoever. However, in money equivalent, it is $132M that is almost 40% of the total amount of funds raised. The industry’s average ICObench rating is 3.4 out of 5.0 (only active projects). Also, the Real Estate Industry has one of the average ratio of the working project as of 63%.