Which ICO in 2017-2018 left the strongest impression on you?

[_BlackStar]

-snip-

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 

That's why you have to be someone who is wise in making decisions. This industry is filled with unscrupulous people who have their own bottom lines and pockets - so be careful of anything that could harm you. Don't believe the hype - neither does the roadmap presented, meaning you should do your due diligence before investing in it.

Of course, to be a successful person you need to consider risks - but not by committing suicide by investing blindly in any project that promises returns. As you said ''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." - that's true.

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[nelson4lov]

My best ICO at that time is the Wanchain ICO — IIRC, Wanchain was all about creating a sidechain or an EVM chat is now known as a layer2 network. I was lucky enough to get into their private sale and to cut the long story short, that was the only time I invested thousands of $ in a crypto project ans Wanchain did right for me with a 5x price increase before the price when on a permanent drop basis. I'm glad I got out when I did.

[Vincom]

That's why you have to be someone who is wise in making decisions. This industry is filled with unscrupulous people who have their own bottom lines and pockets - so be careful of anything that could harm you. Don't believe the hype - neither does the roadmap presented, meaning you should do your due diligence before investing in it.

Of course, to be a successful person you need to consider risks - but not by committing suicide by investing blindly in any project that promises returns. As you said ''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." - that's true.

With the growth of the crypto community, more carefully analyzed projects, more experienced investors, useful and free information available everywhere, I hope fraudulent or weak projects will no longer exist and money will only flow to projects that are truly good and valuable to the market.

Gone are the days when just a few pages WhitePaper could raise tens of millions of dollars!

My best ICO at that time is the Wanchain ICO — IIRC, Wanchain was all about creating a sidechain or an EVM chat is now known as a layer2 network. I was lucky enough to get into their private sale and to cut the long story short, that was the only time I invested thousands of $ in a crypto project ans Wanchain did right for me with a 5x price increase before the price when on a permanent drop basis. I'm glad I got out when I did.

At least, Wanchain is still active so far and although the WAN token has not made an ATH in 2021, its price has recovered impressively from the bottom. In 2022-2023 it will not create a new deeper bottom, anyway this is no longer important to you. Congratulations on your success and profit from WAN token 

[Tahid12]

Lots of questions. Yeah i did participate but in less projects ICOs. I just divided my budget and invested small money in some ICOs. But most of ICOs were scam. I can remember a token name EarthBook maybe. Team collected a lots of money from token sale. They could develop that project as they had enough fund but they vanished without any reason lol. And there are many projects, did same thing. I mean turned out to be scam

[john1010]

While Ethereum certainly made a significant impact during that time, another ICO that left a strong impression on me was EOS.IO. Their ambitious goal of creating a scalable and user-friendly blockchain platform for decentralized applications (dApps) caught my attention. EOS.IO aimed to address some of the scalability issues faced by Ethereum, offering faster transaction speeds and lower fees. The project's innovative consensus mechanism, Delegated Proof of Stake (DPoS), also intrigued me with its potential to improve scalability and governance. EOS.IO's successful ICO and subsequent development efforts demonstrated the growing demand for scalable blockchain solutions and the potential for real-world impact. It was truly fascinating to witness the evolution of the project and its contributions to the blockchain ecosystem.

[Vincom]

Lots of questions. Yeah i did participate but in less projects ICOs. I just divided my budget and invested small money in some ICOs. But most of ICOs were scam. I can remember a token name EarthBook maybe. Team collected a lots of money from token sale. They could develop that project as they had enough fund but they vanished without any reason lol. And there are many projects, did same thing. I mean turned out to be scam

I remember that the ICOs of 2017-2018 had softcap (minimum capital) and hardcap (maximum capital). The ICO will end when the amount raised reaches the hardcap, meaning all tokens are sold. The ICO will be considered a failure and the project cannot operate if the amount raised does not reach the softcap, or the team has to change its development strategy.

A lot of ICOs reach softcap or hardcap but the project disappears because they were created as a scam in the first place. Another possibility is that after having so much money, tens of millions of dollars, many teams no longer have the motivation to develop products, they need time to rest and enjoy. I'm not sure what EarthBook's capabilities are, but I condolences to you for your unhappy memories in the crypto market.

While Ethereum certainly made a significant impact during that time, another ICO that left a strong impression on me was EOS.IO. Their ambitious goal of creating a scalable and user-friendly blockchain platform for decentralized applications (dApps) caught my attention. EOS.IO aimed to address some of the scalability issues faced by Ethereum, offering faster transaction speeds and lower fees. The project's innovative consensus mechanism, Delegated Proof of Stake (DPoS), also intrigued me with its potential to improve scalability and governance. EOS.IO's successful ICO and subsequent development efforts demonstrated the growing demand for scalable blockchain solutions and the potential for real-world impact. It was truly fascinating to witness the evolution of the project and its contributions to the blockchain ecosystem.

I have also followed EOS since 2017 and its ICO 4B USD, currently I am still a translator for EOS Vietnam to update the latest information from the EOS ecosystem. I think EOS is the project with the best and most innovative technology in the blockchain market, many features that Dan introduced 7 years ago are still being learned by many other blockchains. Unfortunately, EOS was abandoned by BlockOne and has had many financial problems over the years. The project is not promoted effectively to reach users and investors. I hope the new proposals regarding RAM and Bitcoin Layer-2 can help EOS get back into the race.

[Dr.Osh]

I participated in several ICOs at that time, but I don't remember too much, because I only thought about transactions and strategies to make a profit at the time I had coins from the project, and at that time I think I had quite a lot of coins from the ICO.
However, I once owned Centra, a coin that was initially really successful and had a very good price. I held it for quite a long time and made a big profit. Unfortunately, Centra turned out to be a scam, and the price dropped quickly, so I immediately sold the coins. Currently, it looks like the coin no longer exists.

[passwordnow]

No, none.
But it was the time when most of the projects that were being launched became the hot topic for most investors. And we are just seeing the logic now with the new launches that we're having. I honestly think that many became rich during that time, especially those that were wise and didn't keep their profits on any alt but moved it to Bitcoin. That was the craze before and from there, the bear market came and that trend declined which made significant impact to the market and community that many have thought this market and space is totally gone and dead for sure. But little did they know that it is essential for a market that have gone up to start going down and go through a cycle that it has to go on. 2018 was crucial and it's like a total dead year for the crypto market. But those that are patient and have a long term goal never left the market and just held whatever they by that time and kept it until the market recovered and shown some signs of its regained health.

[electronicash]

Lots of questions. Yeah i did participate but in less projects ICOs. I just divided my budget and invested small money in some ICOs. But most of ICOs were scam. I can remember a token name EarthBook maybe. Team collected a lots of money from token sale. They could develop that project as they had enough fund but they vanished without any reason lol. And there are many projects, did same thing. I mean turned out to be scam

I remember that the ICOs of 2017-2018 had softcap (minimum capital) and hardcap (maximum capital). The ICO will end when the amount raised reaches the hardcap, meaning all tokens are sold. The ICO will be considered a failure and the project cannot operate if the amount raised does not reach the softcap, or the team has to change its development strategy.

A lot of ICOs reach softcap or hardcap but the project disappears because they were created as a scam in the first place. Another possibility is that after having so much money, tens of millions of dollars, many teams no longer have the motivation to develop products, they need time to rest and enjoy. I'm not sure what EarthBook's capabilities are, but I condolences to you for your unhappy memories in the crypto market.

While Ethereum certainly made a significant impact during that time, another ICO that left a strong impression on me was EOS.IO. Their ambitious goal of creating a scalable and user-friendly blockchain platform for decentralized applications (dApps) caught my attention. EOS.IO aimed to address some of the scalability issues faced by Ethereum, offering faster transaction speeds and lower fees. The project's innovative consensus mechanism, Delegated Proof of Stake (DPoS), also intrigued me with its potential to improve scalability and governance. EOS.IO's successful ICO and subsequent development efforts demonstrated the growing demand for scalable blockchain solutions and the potential for real-world impact. It was truly fascinating to witness the evolution of the project and its contributions to the blockchain ecosystem.

I have also followed EOS since 2017 and its ICO 4B USD, currently I am still a translator for EOS Vietnam to update the latest information from the EOS ecosystem. I think EOS is the project with the best and most innovative technology in the blockchain market, many features that Dan introduced 7 years ago are still being learned by many other blockchains. Unfortunately, EOS was abandoned by BlockOne and has had many financial problems over the years. The project is not promoted effectively to reach users and investors. I hope the new proposals regarding RAM and Bitcoin Layer-2 can help EOS get back into the race.

most projects that Dan started, he also left and then the project died. almost all his projects, It is surprising Bitshares is still in the market but the STEEM continues to be traded in the best exchanges.

i still have EOS left staking RAM and CPU, i think there are only a few of the investors anymore who are trying on this token. there are popular dapps on EOS that users are enjoying still to this day. i still am getting some EOS now and then. the token is accepted in many casinos too.

[LSDadventure]

I wonder how many ICOs failed and those projects died.

How Many Cryptocurrencies Have Failed?

Why Do Cryptocurrencies Fail?

Saturated market.
Lack of liquidity.
Inexperienced teams.
Scams.

Lack of monetization.
Every cryptocurrency project requires funding to remain operational. Early funds are often used to pay for developers and marketing so that a project can get off the ground. Thanks to Initial Coin Offerings (ICOs) and incubator platforms it has never been easier to generate funding for a project from both private and public investors. However, private and public investors need to eventually see returns from an initial investment. If a project fails to generate lucrative profits, investment funds can quickly be pulled and a crypto project can easily fall by the wayside.

They have incapable teams to develop products, use cases, utility and bad management for their project operation. Cost its up total fund they raised and they abandoned those projects.

[o48o]

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: I can't remember if any them were called actual ICOs as the acronyms changed after icos started failing a lot. But yes, i participated to many of them.
2: I can't recall if these were in 2018 or soon after, but Dusk Network had a private sale and that left me sunned because i never faced that level of their professionality. Everything else compared to it seemed like scams and dusk team was only intelligent adults in the house. And 2 mining companies that were straight up scams. Another one was raised enough money to get legal consiquences for their scam. Other one got away.

3-4. All of them except dusk were rug pulls, but i managed to swing 12 eth profit with other one before it died and ended up to be in profit. Sadly i didn't just leave it totally after it but invested some of the profits.

There were scam icos in 2014 that left more lasting impression then these hypes. In 2017 everything just went stupid. I should write another topic about that.

[Vincom]

most projects that Dan started, he also left and then the project died. almost all his projects, It is surprising Bitshares is still in the market but the STEEM continues to be traded in the best exchanges.

i still have EOS left staking RAM and CPU, i think there are only a few of the investors anymore who are trying on this token. there are popular dapps on EOS that users are enjoying still to this day. i still am getting some EOS now and then. the token is accepted in many casinos too.

Dan is a tech genius and he has great vision and solutions, but he is not a businessman. Dan doesn't know how to make the project attractive to users through profits. Ultimately, when Dan's vision conflicts with the project's interests, Dan will leave, as happened with BTS, STEEM, and EOS.

Currently Eos is going through the most difficult times when many technological advances cannot support the EOS token price. ENF has tried many ways but it doesn't seem to be effective, even the investment from DWF Labs has not created significant momentum on the price chart. I really love the Eos project but there is no reason to hold EOS.

1: I can't remember if any them were called actual ICOs as the acronyms changed after icos started failing a lot. But yes, i participated to many of them.
2: I can't recall if these were in 2018 or soon after, but Dusk Network had a private sale and that left me sunned because i never faced that level of their professionality. Everything else compared to it seemed like scams and dusk team was only intelligent adults in the house. And 2 mining companies that were straight up scams. Another one was raised enough money to get legal consiquences for their scam. Other one got away.

3-4. All of them except dusk were rug pulls, but i managed to swing 12 eth profit with other one before it died and ended up to be in profit. Sadly i didn't just leave it totally after it but invested some of the profits.

There were scam icos in 2014 that left more lasting impression then these hypes. In 2017 everything just went stupid. I should write another topic about that.

2017 had so many ICOs and I didn't even know about the Dusk Network project. I hope you are still profitable from 12 ETH, that is a huge fortune if you are still holding.

In 2014 I did not participate in the crypto market, maybe at that time there were only BTC, LTC, DASH, DOGE, XRP, BTS. I hope to hear your stories about this period.

[Sophokles]

I wasn't a fan of ICO back then to be honest and was mainly focused on bitcoin and its products. There was some opportunity to invest in some of the projects that are major cap altcoin projects right now so if i knew the future back then, i would invest in those projects for sure. But i have participated in some of the token sale though most of them were not very successful and only gave me losses so i keep avoiding any token sale and instead i directly bought from the market after listing.

[Vincom]

I wasn't a fan of ICO back then to be honest and was mainly focused on bitcoin and its products. There was some opportunity to invest in some of the projects that are major cap altcoin projects right now so if i knew the future back then, i would invest in those projects for sure. But i have participated in some of the token sale though most of them were not very successful and only gave me losses so i keep avoiding any token sale and instead i directly bought from the market after listing.

ICOs often generate larger profits because investors can buy tokens at the seed price, but they come with huge risks. Investing in tokens on major exchanges is a safer choice because the tokens and projects have been evaluated and confirmed for safety by the exchange's team.

We cannot turn back time, we just need to focus on investment strategies in the present to generate maximum profits. Currently, the ICO is still taking place on launchpads, you can spend a part of the profits to participate if you like and believe in a potential project.

[Jonyshake71]

I was new that time. I was mainly join crypto for airdrop and that's why i was keep articipating lots of project. Buying token wasn't my goal but i can emember i joined two or three ico. Probably "CarTexi" something was the one i bought and make some profit. As i was afraid of dump or scam, i just sold that altcoin sooner with few profit. But weeks later, it pumped hardly. Cause that time Bull was already enter in the market, which was cause many altcoins started pumping randomly

[Vincom]

I was new that time. I was mainly join crypto for airdrop and that's why i was keep articipating lots of project. Buying token wasn't my goal but i can emember i joined two or three ico. Probably "CarTexi" something was the one i bought and make some profit. As i was afraid of dump or scam, i just sold that altcoin sooner with few profit. But weeks later, it pumped hardly. Cause that time Bull was already enter in the market, which was cause many altcoins started pumping randomly

Congratulations on your profit from the 2017-2018 ICO from the CarTexi project. Right now, I can't find any information about the project on Coinmarketcap, which means that the project may have failed and disappeared from the crypto market. It's better to have a little profit than to lose money.

ICOs in 2017-2018 were a crazy wave when we were convinced that ICOs would replace IPOs in the traditional market and that the crypto market cap would surpass the traditional market cap. What's even crazier is that we believed that crazy story!

[wheelz1200]

I never bought into any ICO.  They were mostly all scams.  These "developers" fired up a new coin, made a web page with fancy designs on them along with a zillion empty promises.  I know some were very successful but probably a needle in a haystack, the rest all proven out to be scams.

[Vincom]

I never bought into any ICO.  They were mostly all scams.  These "developers" fired up a new coin, made a web page with fancy designs on them along with a zillion empty promises.  I know some were very successful but probably a needle in a haystack, the rest all proven out to be scams.

It was a time of chaos when FOMO made investors willing to put money into new projects without knowing the development team, even though this was once praised for its anonymity, the potential of the solution, or the backing of the investment fund. As you said, all that most ICOs had was a copy/paste whitepaper and an impressive website with optimistic statements about a new era for the economy... It was fortunate for those who did not participate in ICOs in 2017-2018 because most investors lost money.

Currently, ICOs have become more reliable by providing full information to investors. Many ICO projects hosted on Coinlist are still developing well today and bringing profits to users. You can refer to and invest if you believe in their potential.

• Coinlist Launchpad

[Nazmul012]

That time, i was busy doing more and more bounties at this forum. I hadn't much idea about how to join ICOs even i saw most of projects were failed after their ICOs. Many projects declared they are closing cause they were fail to fulfill their selling target but they hadn't gave any investor's money back. But our friends group risked buying 2/3 altcoins from ICOs, i gave them money as i had knew less but those ICOs were failed. I forget names, maybe smokeFi or something. Then JsToken or I can't remember now. Cause later i hadn't showed any interest about those scam projects. Rather i stopped investing and focus on airdrop and free money lol