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

Binance Announces Phased Withdrawal Restart

Binance has announced a phased approach to restarting withdrawals, having replenished 95% of affected assets.

user avatarJacob Williams

Bitcoin Price Recovery Approaches $78,000

Bitcoin's price recovery has brought it closer to the $78,000 mark after a week of volatility.

user avatarSon Min-ho

LIT Token Surges Amidst Mixed Performance in Altcoins

Lighters LIT token experienced a significant surge of approximately 18% to $3.19 on November 1, 2026, amidst mixed performance in major cryptocurrencies.

user avatarZainab Kamara

Circle Releases Technical Guidance for ERC20 Transfers Using CCTP

Circle has published a developer guide detailing how issuers can utilize its CrossChain Transfer Protocol (CCTP) for ERC20 assets beyond USDC.

user avatarAyman Ben Youssef

Curve Finance Launches StableSwap on Stellar Mainnet

Curve Finance has launched its StableSwap system on the Stellar mainnet, marking its first native deployment outside the Ethereum ecosystem.

user avatarTando Nkube

Ondo Finance Introduces Tokenized Investment Portfolios on Solana

Ondo Finance has launched seven investment portfolio tokens on the Solana blockchain for eligible investors outside the US, providing managed exposure to tokenized equities and ETFs.

user avatarKofi Adjeman

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.