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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Trump Media Technology Group Shares Experience Significant Decline

Shares of Trump Media Technology Group plunged 14.29% to $5.10, extending a decline that had been ongoing prior to the midterm elections.

user avatarRajesh Kumar

Technology Stocks Show Mixed Results After US Midterm Elections

Technology stocks showed mixed results after the US midterm elections, with some companies gaining while others declined.

user avatarLucas Weissmann

SEC Provides Regulatory Clarity for Canton Coin

The SEC classifies Canton Coin as a digital commodity, providing regulatory clarity for its issuance and distribution model.

user avatarFilippo Romano

Bitbase Launches ORIGIN Points Program to Reward User Engagement

Bitbase has launched the ORIGIN Points program to reward user engagement over 26 weeks, distributing 1,000,000 points weekly starting November 4, 2026.

user avatarEmily Carter

Bitbase Launches ORIGIN Points Program to Reward User Participation

Bitbase has introduced ORIGIN, a new points program rewarding user participation over six months.

user avatarTomas Novak

Political Changes Prompt Scrutiny of AI Infrastructure and Energy Consumption

Political changes following the 2026 US midterm elections have led to increased scrutiny of AI infrastructure spending and its environmental impacts, particularly in Texas.

user avatarKaterina Papadopoulou

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.