Projects that raised millions in the ICO era have struggled to gain traction.
Three out of 10 of the biggest projects launched during the initial coin offering (ICO) era are now inactive or dead, and most of the rest are struggling to find relevancy.
An examination of the big winners during the ICO mania has revealed that raising millions doesn’t solve all your problems, and sometimes, it makes things worse.
At the peak of the ICO era in 2017, Brendan Blumer and Dan Larimer proposed a new ultra-fast blockchain — EOS — that would offer both vertical and horizontal scaling of decentralized applications.
