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, losing 266 times its ATH value (
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