Initially surrounded by a huge amount of hype, initial coin offerings turned out to be highly risky investment tools when the crypto market went down in 2018. Security breaches, scams and weak business models cost crypto investors billions of dollars. We analyzed three examples of last year’s failed ICOs, talking to people involved in the projects and other experts in order to understand what exactly went wrong.

#cointelegraph #news #ICO

Subscribe to Cointelegraph: https://goo.gl/JhmfdU

Follow COINTELEGRAPH:
Website: https://cointelegraph.com/
Telegram: https://telegram.me/thecointelegraph
Facebook: https://www.facebook.com/cointelegraph
Twitter: https://twitter.com/cointelegraph

Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.

Top 3 ICO Fails of 2018

source

7 COMMENTS

  1. What about the exit scam from savedroid that ended up being a marketing stunt 😀 and my most succesful ICO is Nauticus and Enjin at the moment ! Nauticus is up 80% and ENjin is up 70% at the moment!

LEAVE A REPLY

Please enter your comment!
Please enter your name here