What to do with ERC20 tokens when ICO gone REKT?

[phillymogul]

So now we hold thousands of erc20 tokens from REKT ICO. Bounties, buys, failed ICO and so on.
What can be done with them?

[1714775500]

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[1714775500]

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[Crypt0BHunter]

Just patiently wait and hodl it with hope in next bull run sicle maybe some projects will alive and find some investors and mass adoption

[Alluro]

First of all, you have to check out the project is live or not. If the project is live, you can check future updates about the project and hodl. You can sell them currenct time with the best price. If the project is not live, you can sell them immediately.

[Decksperiment]

It will be much better if you could check individually the project's status of your tokens so that if its still have active development, then you know that token will be for keeps and disregard tokens whose development activity had stopped or  have gone cold.

[jorenpo]

if you hold a token with no value until now, then  its a pure trash. just hold it and wait for it to put on exchange or just disposed it or just ignore it on your wallet. I prefer the latter.

[Ucy]

Nice . Dead projects are dead projects. I guess you'll have to find time to go through each projects development activities. If a project have since quit working and nolonger active on all of their social media/online platforms then you know it is time to stop bothering about their tokens. I wouldn't recommend deleting them though.

[kawetsriyanto]

Just patiently wait and hodl it with hope in next bull run sicle maybe some projects will alive and find some investors and mass adoption

No need to expect much to ERC20 tokens got from failed ICOs. I doubt if they can have values in the future. I think they are over since the projects failed already. I am sure no investors will take big risks by investing in bad/failed ICOs. So, just forget all the garbage ERC20 tokens.

[vladimirhf]

hodl them

There is a project called coin janitor that buys dead coins, paying jan tokens for them. But I think they are doing it one coin at a time, it's still an initial phase. They just announced a plan to buy an erc20 called rxeal: https://www.coinjanitor.io/news/coinjanitor-acquires-rxeal-its-first-erc20-buyout/

more references
https://www.coinjanitor.io/news/coinjanitor-and-the-ico-bust/
https://bitcoinist.com/coinjanitor-deadcoins-com-join-forces-clean-crypto/

requests form
https://www.coinjanitor.io/token-swaps/

jan token price
https://www.coingecko.com/en/coins/coinjanitor

[Ayiranorea]

Let that sit idle on the ERC-20 wallet. That's not gonna cost you anything, if lucky you might get a way with projects getting listed to the exchanges. As of now the possibilities were very low for lot of tokens get listed. Myself have lot of tokens, and now I have forgotten about those. Only one token an year ago got listed after six months of token distribution.

[ryzaadit]

You can be a "Shit token Collector bruh"

Just collect all "shit token" on ethereum chain, then if you already got all of the tokens from ethereum chain. That would be a good story to tell too your son, family, friend & other people.

Sit down son, I'm gonna to tell a great story
Its call, "Shit token Collection"

[dtb.agency]

Keep at MEW as a nice memory of great times and regrets you did not sell them. 

[glendall]

if their project is dead then it's no longer of value, and it's up to you what you want to do,
if the project is still active it's just that the development is slow and there is also rarely any news, then you can wait, because maybe the project may suddenly be active again and get a big investor.

[shinratensei_]

DUmp them all for pennies, i can say they are worth nothing if they have gone as a crap coin. I should remind you that's why you must be a competence person before try to choose any ico, bounties or etc.
the comparison said the untrusted icos are having a big growth compared with the trusted icos.
What you can do are only
1 you can dump them even you will get pennies
2 keep them in your wallet
3 dump them into the default address.

[Periodik]

Like you, I have also a lot of shitcoins that have gone deadcoins now. I am not giving attention to them now. I am willing to let them rot in my wallet. That is also saying I am giving them a chance to possibly recover and possibly give me a better amount in the future. But if your shitcoins are not yet dead, meaning they are still traded in shitty exchanges with low volumes, you could just dump them all. You might make a dollar or two from it. Better than nothing, right?

[tranduong123]

Just patiently wait and hodl it with hope in next bull run sicle maybe some projects will alive and find some investors and mass adoption

This is not possible. If there is indeed a subsequent bull run, there will be new coins created, no one will care about the coins that are dying. So sell them if they have some value or forget them.

[TopT3ns]

ICO not rekt yet and i hold some tokens that i can't sell, some people said we can burn it, but if me i will make it stay there and think if it is collection. At least can make me remember or short which project that be good and which one is not. So i wiill make it stay there. If already a lot of tokens, i will just make new wallet. I think ETH wallet easy to create so we can create it as much as we want.

[poornamelessme]

So now we hold thousands of erc20 tokens from REKT ICO. Bounties, buys, failed ICO and so on.
What can be done with them?

Hold them and hope for a miracle, sell them (even if for hardly anything), or if an ICO someone paid into, just sell for a loss or burn, and use it as a tax loss.

[rz20]

Haha, nothing can be done of those tokens. but what I am doing is I placed the sell orders for the tokens hoping one day my sell orders will be triggered.

[mendra_2009]

You have only 3 option

1. Wait for miracle coming, maybe someday they can become valuable on the market by some pump&dump gangs 
2. Throw away to the unknown wallet, so your wallet become clean from useless tokens
3. Collect it on your wallet and then like people said you can become "Shit token Collector" 

 

[slaman29]

Just keep them. Don't do anything to them.

I realized that some airdrops happen based on several factors to do with your ETH address. How many ETH you have, how active they are, how many ERC20 tokens. My account has over 20 tokens given without me doing anything at all. They're all worth shit but you never know.