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 finds1. 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.