10 Worst ICOs Ever

in ico •  7 years ago 

2017 has been great for ICOs. In 2018, each day we see more and more ICOs being publicly listed. The advantages of ICOs are the following: the team gets money fast, investors get tokens early. However, the dark side reared its head too. Negative returns, failed technology, and scams are some of the reasons investors are leery of ICOs.

Everybody speaks about successful or promising ICO, but nobody speaks about ICOs that have failed and have not delivered any results to its investors.

We are going to take a different approach and cover those.

  • Bolenum

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Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally.

ICO Price: $5.98

Current Price: $0.00708479

  • Useless Ethereum Token

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The world's first 100% honest Ethereum ICO. No value, no security, and no product. Just me, spending your money.

ICO Price: $4.73

Current Price: $0.0179162

  • DIMCOIN

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The DIMCOIN is a speculative digital coin that is available worldwide. It is built upon the NEM blockchain protocol, making the coins low-cost and transparent.

ICO Price: $1

Current Price: $0.00666475

  • LeviarCoin

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Leviar is a project that aims to create an integrated app monetization ecosystem for the publishers based on cryptocurrency and blockchain technologies.

ICO Price: $5.66

Current Price: $0.0758956

  • Arcade Token

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Arcade City is building a global network of local driver cooperatives called guilds. Guild drivers work together to provide reliable service to their local area.

ICO Price: $2.43

Current Price: $0.0615698

  • Centra

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The Centra Card has been designed to connect the bridge between commerce and cryptocurrency.

ICO Price: $0.73

Current Price: $0.0132676

  • Education Ecosystem

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Education Ecosystem (LiveEdu) is a decentralized learning ecosystem that teaches people how to build complete products in future technological fields.

ICO Price: $083

Current Price: $0.0237468

  • MCAP

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MCAP is a tokenized investment fund by the BitcoinGroth Fund project. It focuses on mining and ICO investments. The MCAP coin is an Ethereum-based token and represents a share in the holdings of the MCAP fund.

ICO Price: $4

Current Price: $0.128249

  • Fujinto

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The FUJINTO token is a decentralized cryptocurrency based on the Ethereum blockchain platform and is not controlled by any central authorities

ICO Price: $4

Current Price: $0.128249

  • BlockCAT

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BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain with just a few clicks. No programming required.

ICO Price: $0.88

Current Price: $0.0398487

It would be great if these projects would share their experience why they failed in delivering the return to investors, so that there are less scam or unprofitable projects in the market. However, it is not possible to completely eliminate such projects, but you should be careful with your investments in the crypto space and only invest the amount that you are not afraid to lose.

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