There are a variety of ways cryptoassets can be launched and the market in 2019 has so far favored those that, like Bitcoin ($BTC), conducted a fair launch. The 12 assets categorized as fair launch under the Messari Classifications had an average return of 43%. Ledger forks such as Bitcoin Cash ($BCH) or Ethereum Classic ($ETC) returned 21%, while the 50 assets analyzed that conducted a crowdsale had an average YTD return of 14%. Projects like Polymath ($POLY) and IoTeX ($IOTX) that conducted a private sale were the worst performing group up only 2% for the year.

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