The Fate of the Biggest ICO Era Projects: Then and Now

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. EOS
  2. Telegram Open Network
  3. Tezos


    4. During the initial coin offering (ICO) era, many significant projects were launched. However, not all of them survived and remained relevant.

    EOS

    At the peak of the ICO era in 2017, Brendan Blumer and Dan Larimer proposed a new ultra-fast blockchain — EOS. Block.one completed a yearlong ICO in 2018, raising $4.2 billion. However, Block.one got sidetracked with other projects, leading to the creation of the EOS Network Foundation in 2021. In May 2024, the EOS Network Foundation announced a new token model with a fixed supply. As of August 2023, EOS has a market cap of $770 million.

    Telegram Open Network

    Russian brothers Pavel and Nikolai Durov planned to create the Telegram Open Network (TON), but the project was not launched due to an SEC ban and the need to refund investors. Later, the Durovs created 'The Open Network,' and independent developers launched the Toncoin currency.

    Tezos

    Tezos, headed by Arthur and Kathleen Breitman, offered a 'self-amending' cryptocurrency. However, soon after the ICO, internal conflicts arose between the Breitmans and Tezos Foundation president Johann Gevers. In June 2024, the company released an updated roadmap 'Tezos X.' Despite all challenges, the project continues to operate.

    The ICO era left a mixed legacy. Not all projects achieved their goals, but some continue to develop and operate in the market.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Iran Conflict Drives Capital into Digital Assets

chest

The ongoing conflict in Iran is leading to increased investment in digital assets as a means of wealth preservation.

user avatarNguyen Van Long

Web3 Emphasizes Editorial Integrity in New Report

chest

Web3 has published a report that emphasizes its strict editorial policy, focusing on accuracy, relevance, and impartiality.

user avatarSatoshi Nakamura

Farside Implements a Strict Editorial Policy.

chest

Farside has announced a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarJesper Sørensen

Zcash's Impressive Market Performance and ETF Launch

chest

Zcash has experienced a remarkable price increase, gaining over 2,300% in the past year, aided by the launch of Grayscale's Zcash ETF.

user avatarLucas Weissmann

Zcash Surpasses $1,000 Mark, Achieving New All-Time High

chest

Zcash's price broke above $1,000 for the first time in nearly a decade, marking a significant milestone in its market performance.

user avatarRajesh Kumar

Trezor Implements New Security Measures After Data Breach

chest

Trezor is enhancing security measures, including anonymous delivery options, in response to a data breach affecting 67,000 customers.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.