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Author Topic: Which ICO in 2017-2018 left the strongest impression on you?  (Read 255 times)
Vincom (OP)
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January 26, 2024, 08:10:27 PM
Last edit: January 28, 2024, 09:12:36 PM by Vincom
 #1

The ICO craze of 2017-2018 was a wild ride that left an indelible mark on the crypto landscape. While some projects like Cardano (ADA) emerged as giants, many others faded into obscurity, or worse[1], were exposed as scams[2].

Unfortunately, I was among those who experienced the sting of losses, having invested in the Credits (CS) project. Despite its promising initial promise, the CS token price plummeted over the years, dropped 266 times from its ATH price (https://www.tradingview.com/x/NX6DxDb7/). The experience was disheartening, and I've largely tried to put it behind me, focusing on my current work in translation.

I'm curious to hear your experiences during that era:
  • Did you participate in any ICOs during 2017-2018?
  • If participated, which one left the most lasting impression on you?
  • That ICO turned out to be a success or a failure?
  • That ICO brought you profit or loss?

References:
[1] Nearly Half of 2017’s Cryptocurrency 'ICO' Projects Have Already Died
[2] Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds

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January 26, 2024, 08:48:58 PM
 #2


everyone during that time who invested in BTC and invested in the altcoins doing ICO profited from the bull market.
i have gained a lot also even when i was just participating in bounty campaigns. the ICOs was a success since there are still tokens from that time that are still alive today.

i participated in some ICOs some of those tokens are left in my old account after buying back and then the token end up dead or the team migrated to another contract and some of us who weren't aware of the migration ended up holding those tokens still.  i still have my useless ICONOMI (ICN).









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January 26, 2024, 09:09:21 PM
 #3

The ICO craze of 2017-2018 was a wild ride that left an indelible mark on the crypto landscape. While some projects like Cardano (ADA) emerged as giants, many others faded into obscurity, or worse[1], were exposed as scams[2].

Unfortunately, I was among those who experienced the sting of losses, having invested in the Credits (CS) project. Despite its promising initial promise, the CS token price plummeted over the years, dropped 266 times from its ATH price (https://www.tradingview.com/x/NX6DxDb7/). The experience was disheartening, and I've largely tried to put it behind me, focusing on my current work in translation.

I'm curious to hear your experiences during that era:
  • Did you participate in any ICOs during 2017-2018?
  • If participated, which one left the most lasting impression on you?
  • That ICO turned out to be a success or a failure?
  • That ICO brought you profit or loss?

References:
[1] Nearly Half of 2017’s Cryptocurrency 'ICO' Projects Have Already Died
[2] Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds

1. Yes, but I didnt remember all of it.
2. ETHlend or we call it AAVE now, Atomic, Atlant, Tokpie, Centra, Auctus and many more.
3. I joined many ICO's in the past, usually I bought it at the end of the sale and dump it when the token listed on EtherDelta.
4. Some are profits and some worth nothing in the end.

Some part of myself still regret why did I dump some of the tokens too early, however in reality it will be impossible either for me to buy many different tokens without dump the previous tokens.

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January 26, 2024, 10:43:25 PM
 #4

Not a lot with them and I can't recall on which were the good ones or bad ones or did I really got into it. But the whole era, I still remember when there have been successful ICOs left and right and it's like a craze that will never be stopped. But from there, it has taught us a lot of lessons that everything on this market aside from Bitcoin are played to get on hype and craze and once it's done, you're also done if you don't do the right thing. I think the most successful ones and if the investor has been patient are literally sitting down in a lot of money now, with Ethereum and BNB.



 

 

 

 

 

 


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January 26, 2024, 11:04:07 PM
 #5

This side of the Forum have different coins introduced every day. And 98% of this coins are unfamiliar to me. And today again new projects which have been in the cryptocurrency ecosystem from 2017 and at that that I have not join the system. I even make some to know more about the project, I could not find it and from link you provided. The price.is very low. But the name is not seen and only the price.

And when I checked coinmarketcap the ICO names was changed to Dai and I don't know if that is the latest name of the project I don't know. The altcoins are too many in the world. Everyone want to create coin and every country wants nto create e-currency.









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January 26, 2024, 11:32:17 PM
 #6

None.  Seriously I think the start of ICOs and having people pay up front just brought in a ton of scammers and gave them a platform.  All you had to do was have enough people who could be good and long enough and it could net you millions.  It's a disease that hasn't gone away yet.  None of them are fair and are only designed to enrich a small few.  I stayed clear of every one of them

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January 26, 2024, 11:52:57 PM
 #7

The ICO craze of 2017-2018 was a wild ride that left an indelible mark on the crypto landscape. While some projects like Cardano (ADA) emerged as giants, many others faded into obscurity, or worse[1], were exposed as scams[2].

Unfortunately, I was among those who experienced the sting of losses, having invested in the Credits (CS) project. Despite its promising initial promise, the CS token price plummeted over the years, dropped 266 times from its ATH price (https://www.tradingview.com/x/NX6DxDb7/). The experience was disheartening, and I've largely tried to put it behind me, focusing on my current work in translation.

I'm curious to hear your experiences during that era:
  • Did you participate in any ICOs during 2017-2018?
  • If participated, which one left the most lasting impression on you?
  • That ICO turned out to be a success or a failure?
  • That ICO brought you profit or loss?

References:
[1] Nearly Half of 2017’s Cryptocurrency 'ICO' Projects Have Already Died
[2] Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds

I made money with several icos and their signature bounties, but i doubt any of them are alive anymore. Many of them pumped and every fiber in me told to sell, and i am so happy i did. Even though i sold eth too when it was $12. That was a mistake. That and not seeing what sol is going to be.

I can remember few that i lose money with. Those were Infamous scam called Rise, then there were Decent and Deep Brain. To this day i am still not able to understand why i poured money into them, even though everything in my core told me they were a scam. At least with Rise i made money by trading the swings of the chart, but scam was just too obvious and i coun't kept quiet about it.

With Decent it was most likely the fact that i didn't understand it deeply enough. So i couldn't tell if fundamentals were pointless or not. What ever was the reason, it slowly faded away and died. As for Deep Brain, it was china fomo. NEO happened and china was hot. No one seemed to question that you don't really need a blockchain AI of any kind.

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January 27, 2024, 10:12:36 AM
 #8

I didn't follow ICO but the project I followed for the bounty campaign at that time rose very high, but I didn't know that 2018 would be a bear market, because at that time I was very confident in the coin I was holding, I finally sold when the value of the token had reached 1000$ from the start of about 5000$ more.
The experience I have is that no matter how good the project is, if market conditions are bad/down then everything will follow.
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January 27, 2024, 10:24:26 AM
 #9

I followed a project called oyster pearl if I'm not mistaken, and when the bull year started, the estimates I got increased hundreds or even thousands of times.
i got around 40$ for my payout and when it reached ATH it changed to 24000$.
but I sold it first, that was my first experience when I saw the coins I had rise very high when I sold them.

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January 27, 2024, 11:16:19 AM
 #10

not exactly 2017-2018
but 2016 - 2017 ico was really busy and many had great success. including the altcoin ico bounty campaign there are also many. just joining the bounty campaign the results are already a lot.









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January 27, 2024, 11:33:08 AM
 #11


3. I joined many ICO's in the past, usually I bought it at the end of the sale and dump it when the token listed on EtherDelta.

I don't know why, but I'm so happy when I read "etherdelta" in your reply, probably because it brings back memories. I feel so happy when I trade in EtherDelta, because first, I don't need to do KYC; second, I just need to connect my wallet there, deposit into the trade wallet, and voila, I can trade immediately.

Some part of myself still regret why did I dump some of the tokens too early, however in reality it will be impossible either for me to buy many different tokens without dump the previous tokens.

I think your decision to sell your tokens immediately is smart, as long as you still gain profits, because at that time, who knows what will happen in the future since these are new projects and not a few of them actually have the intention to scam from the beginning? So, you're still winning, and congratulations for that.


  • If participated, which one left the most lasting impression on you?
 

Back to the topic: Which ICO in 2017–2018 left the strongest impression on me? I'll answer TRON (TRX) because of the figure behind it, which was its founder, Justin Sun, since he's one of the most prominent figures in the crypto space at the time, and for sure it brings me some profits too.



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January 27, 2024, 12:48:01 PM
 #12

YES I participated in many ICOs in 2017 to early 2018, after that ICOs became less attractive because there were so many scams that occurred in addition to entering a bear market when the bitcoin price was $3600.
Forgot the impression of which project is the most profound, but there are several names, but I don't know how much profit was made back then because I can't remember.
2017 was a successful year for ICOs.
What I felt was more losses due to overconfidence in a project that eventually failed as well.

R


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January 27, 2024, 01:06:55 PM
 #13

IBO of Blacknet. Note the letter B in place of C. Funds weren't moved from a left pocket into the right one, instead these precious were burnt. I organized and participated in it. Grin

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January 27, 2024, 01:22:27 PM
 #14

I wasn't active and never knew about Bitcoin or other cryptocurrencies till 2021. I won't be able to comment on the topic but I would like to share the fact that ICOs were still active at that time, which was 2019. I have never invested in ICOs as by that time they had that impression of scam. It still exist today and there are a very few who go for ICO thinking that it will give them a good profit whereas they do not.

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January 27, 2024, 05:57:09 PM
 #15

I had an experience that might be the same as you, I joined the ico hype, and yes I fell into poverty lol, I was really destroyed at that time, all the projects I participated in were all exit scams. Maybe my mistake in joining something like that was just based on hype and YouTube influencers, without analyzing it myself, so that's how it is, this is a very valuable lesson for me to be more careful in the future. If asked what projects I was involved in, there were many such as roads, raca and others, I don't know if I've forgotten a long time ago.

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January 28, 2024, 08:19:22 AM
 #16

I heard about crypto market long ago. In 2017, i mostly followed bounty related projects rather than joining ico. huge numbers of project cheated with investors and took away huge amount of money. There are lot of project to mention. But some project also gave people good return. I can remember i invested a healthy amount in WAVES and my money was turned into more than 3x during bull run which was huge profit. Now this coin become so popular, comes into top100 rank in coingecko and available for trade in top exchange like binance

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January 28, 2024, 10:15:31 AM
 #17

I heard about crypto market long ago. In 2017, i mostly followed bounty related projects rather than joining ico. huge numbers of project cheated with investors and took away huge amount of money. There are lot of project to mention. But some project also gave people good return. I can remember i invested a healthy amount in WAVES and my money was turned into more than 3x during bull run which was huge profit. Now this coin become so popular, comes into top100 rank in coingecko and available for trade in top exchange like binance

Those who were active here at that time mostly followed ICO projects that had bounties. I have heard that bounties were a good source of earnings at that time as most of them used to get listed on exchanges. They allowed hunters to cash out their set of tokens but now they do not allow and rarely there are good bounties for hunters. I was not aware of cryptocurrencies at that time so missed the chance and missed the opportunity to participate in some good ICO from 2017 to 2018. I came to know about that time when I read this thread and others that were discussing ICO.

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January 28, 2024, 10:46:17 AM
 #18

Many say that when the ICO craze started many people were profitable during the period but after the hype had started to die down while many ICOs continued to run until 2018 which resulted in many failures where investors made varied investments but they failed to sell because in the end the project could not survive in the market.

I don't remember which ICOs I successfully participated in and invested in but honestly there were more losses than gains although I never compared whether this was balanced or not but as I remember myself the losses were the big ones.

After the ICO then the IEO came out and now this hype has ended too, but if you think about it, trends always have their time from time to time.

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January 28, 2024, 08:10:09 PM
 #19

Many say that when the ICO craze started many people were profitable during the period but after the hype had started to die down while many ICOs continued to run until 2018 which resulted in many failures where investors made varied investments but they failed to sell because in the end the project could not survive in the market.

I don't remember which ICOs I successfully participated in and invested in but honestly there were more losses than gains although I never compared whether this was balanced or not but as I remember myself the losses were the big ones.

After the ICO then the IEO came out and now this hype has ended too, but if you think about it, trends always have their time from time to time.
Each cycle has its own story: 2017 is ICO, 2021 is IEO and IDO. We always have new ways to attract new investors and new cash flows into the crypto market. Opportunities are always available to all, and so are risks.

We have to accept the fact that most projects will fail and disappear, only a few really good projects will survive and dominate the market. Similarly, most investors will lose money, only a few will profit  Roll Eyes

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January 28, 2024, 09:00:58 PM
 #20

I'm curious to hear your experiences during that era:
  • Did you participate in any ICOs during 2017-2018?
Yes I did participant in many ICOs project during 2017 to 2018 but not remember yet with how many ICOs participating, actually that time have many ICOs success sold out from soft cap until hard cap but not guarantee all ICOs are success raise higher price after listing on the market.
But I have remember with one ICOs project success raise up drastically after listing on the market exactly listed on many top exchange market, I joined CENTRA coins ICOs and earned much profitable and lucky because sell that coins before delisting from the exchange and become scam coins right now after investigating by SEC Commission.

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