Cardano

TenX

<ul class="news-points">
 <li><strong>Many 2017 ICOs face lower token market values despite high fundraising.</strong></li>
 <li><strong>Polkadot and Cardano significantly outperform initial ICO valuations.</strong></li>
 <li><strong>Bancor and TenX struggle to maintain value despite raising substantial funds.</strong></li>
</ul>
<p>An analysis of initial coin offerings (ICOs) from 2017 reveals a stark contrast between the initial fundraising success and the current market valuations of several prominent blockchain projects. This disparity brings to light the nature of the crypto market and the challenges faced by projects seeking to maintain long-term value.</p>
<p>The analysis was brought out by Wu Blockchain on his X (formerly Twitter) account, details the funds raised by various blockchain projects during their ICOs and their current market valuations, shedding light on both the successes and challenges faced by these initiatives.</p>
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   <p lang="en" dir="ltr">Review of Major ICO Projects Around 2017: EOS raised up to 7.21 million ETH, then exchanged it for BTC, and currently still holds more than 140,000 BTC. Only Filecoin, Polkadot, and Cardano currently have a market value far higher than the funds raised during ICO. <a href="https://t.co/kdaSuCyMxL" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/kdaSuCyMxL</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1815310900372664415?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 22, 2024</a>
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<p>In 20…</p>
<p>The post <a href="https://coinedition.com/2017-ico-retrospective-winners-losers-and-lessons-for-investors/" rel="noopener noreferrer nofollow">2017 ICO Retrospective: Winners, Losers, and Lessons for Investors</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

2017 ICO Retrospective: Winners, Losers, and Lessons for Investors

Coin Edition

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