ICOs are back they said, it'll be like 2017 they said
ICO landscape lately:
- Trove: doesn't even need an explanation
- Fluent: barely 600 NFTs minted of the 5k supply
- Infinex: reduced sale FDV from $300M to $100M, still couldn't sell out so removed individual deposit caps
- FOGO: tried raising at $1B FDV, cancelled the sale. then raised at $350M on Binance (now underwater at $300M)
- Metadao sales: straight up crime with fake demand to profit off of Polymarket bets multiple times
- Gensyn, Zama, Aztec: nobody even knows what these do but tried raising at $300M+ valuations only to fail miserably
- Legion sales: every legion sale ended in loss (except YB and Fuel)
- Monad: successfully grifted $190M after already having $225M in funding from earlier
probably missed a few, drop them in the comments 👇




we did DD and I own some RNGR, not sure what you mean?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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