That's how speculative crypto market is, if this would have been Google or Facebook, stock would have plummeted like a rock.
Many are flippers and holders and almost none of them uses network and thats why many don't know about this

https://twitter.com/CryptoMedicated/status/1015770146089168897?s=19

And we are waiting for token use case and adoption, where no one cares if token network is on or off.

Bancor Security Breach

Some info About Bancor :

Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.

Money raised in ICO : $153,000,000
Market cap : $138,473,595
ROI :
0.69x USD | 0.57x ETH | 0.31x BTC

Bancor got hacked and total $23.5M worth of crypto were compromised from the exchange.
Even with raising such hefty amount, they couldn't protect themselves.
They raised shitload for them but their Investors are holding worthless tokens with -50% of intial value.
That's the situation of ICOs and this is why 95% of them will die.
So, always be careful when you hold a coin for long term cause 95% of them will be worthless down the line.

Kucoin + DREP

https://medium.com/@DREP_Foundation/kucoin-completes-strategic-investment-in-drep-foundation-89b883eac055

DREP has reduced the overall Hard cap :

"To minimise the impact on our existing tokenomics and token metrics, the price per token during crowdsale will be reduced to $0.00770. The revised hardcap will be $19.8m."

Revised Crowdsale structure :
600m tokens, no discount, no lockup, to raise US$4.6m

ZEN protocol listed today on Bilaxy

Money Raised : $46,368,226
ICO ended : 24th December (6.5Months ago)
Trading at : 0.49x in USD (Bilaxy)

So much for the long wait of exchanges.
Who gained the most - ICO
Who lost the most - Investors

Also, OneLedger is listed on Kucoin, CoinEx
Currently trading at 0.83x in ETH of ICO price

ATONOMI tokens are unlocked

Trading on IDEX below ico price

https://idex.market/eth/atmi

Token sale price :
1 ETH : 9500 ATMI (~0.00010526 eth)

God save ICOs now releasing tokens in this market

Too much drama for the day...

ZEN protocol below ico price
Oneledger below ico price
Atonomi below ico price

No other ico would dare to release tokens now unless they don't care about token price

Had experienced same thing last year in October when we had ico depression period.
I had participated in cindicator ico but it had gone below ico and I bought shitload, sold it above 10x in 2-3 months after in last bull market. This is just one example.

Market is always temporary, let it be Bull or Bear

And the good news is, We are almost reaching at the bottom....
Be patient and you will be rewarded.

Remembering the golden days....Top 17 crypto prices in first week of January 2018
Check for more coins :
https://athcoinindex.com/marketcap/page/all

Coinbase has announced that it will announce in future, the possible announcement of announcing possible listing of 5 new ERC20 tokens.

https://blog.coinbase.com/coinbase-is-exploring-cardano-basic-attention-token-stellar-zcash-and-0x-9e44f0eb823f

While taking punt on this announcement, Kraken has also announced that they will possibly announce listing of all 1600 coinmarketcap coins after exploration.
They have also promised that we can trade diapers and baby formula on kraken

https://twitter.com/krakenfx/status/1017933203875622914?s=19

https://twitter.com/krakenfx/status/1017937024441974785?s=19

Dear supporters, @certikorg is releasing investment partners very soon. To fire up our great community, we are launching a Guess-Who game, please retweet with your guess at following quiz tweets, we are honored to have winners join our whitelist, happy guessing! #CertiK #CERTIK https://twitter.com/certikorg/status/1017474052259270658

Congratulations to all French nationals and supporters
🏆⚽️🍺🍻

What Happened with BitMax :

BitMax desperate for fundraising --->
Approch an influencer who can promote you, help build community and raise funds through public pooling which ICO already knows about--->
Fomo created --->
Other pools approch --->
Other institution approch --->
Change your tune to "we do not accept pools and we offer only to institution" --->
Refund the pools--->
Use & throw

Many ICOs have been pulling this shit from long time and there is no early supporter/investor protection at all if you are not an institution.
This has to change....

"A short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock."

Blockchain Collaborative Network

If you are a part of any of the following, plz fill the form

VC Fund/Crypto Fund/Institution
ICO Influencer/Reviewer
ICO News/Listing site
Telegram Channel related to ICOs
ICO pool owner
Past/Present advisers
Exchange Listing


https://docs.google.com/forms/d/e/1FAIpQLScfO9nlLWuNDma-8jXBOqD45F52-5I1a-RcDRl7jgbf70PYlg/viewform

This is an initiative to connect people involved in each stage of an ICO with each other, right from the beginning till the end to have a collaborative effort.

"A Consumer Token must not be a financial vehicle. This means it has a fixed price point in fiat and is not traded on an open market"

we believe that GMT is a Consumer Token.

This is how ICOs can rekt you. After raising millions, Mercury protocol have classified their token as Consumer token out of the blue which can't be traded.

https://medium.com/mercuryprotocol/crypto-token-classifications-3c9c8b18b4f2

This is what I have been saying from long time. There is zero investor protection and we still don't care.
ICOs can do whatever they want without any regulations.
As I already talked about, we are reaching the euphoria phase sooner and sooner.

🃏ATTENTION!

General Zhu Ge Liang has spoken again...

We must follow his strategy this time!

Lets join the fight at: @airbloc (English telegram)

https://twitter.com/AirblocOfficial/status/1020168008151457793

Binance listing or application for the community coin of the month?👀🤔

Perlin has updated it's site with token metrics

https://www.perlin.net

Seed & strategic rounds have vesting period now instead of no lock and private sale has 3 Months lock up from exchange listings

SEED : 20% tokens sold
Token price of $0.04 with 12-month vesting from token-generation event.

Strategic : 20% tokens sold
Token price of $0.12 with 6-month vesting from public-sale.

Private : 7.5% tokens sold
Token price of $0.20 with 3-month lockup from exchange-listing.

Pretty bad metrics tbh. There is no info on how vesting is distributed or any cliff at beginning. Private is rekt anyway. If possible, will buy in crowdsale and dump on private

Would you buy a product without actually seeing it or knowing it how it works, how it functions etc etc?
anonymous poll

No, I would like to test everything before buying – 105
👍👍👍👍👍👍👍 76%

Yes, I don't even care what I am buying into – 34
👍👍 24%

👥 139 people voted so far.

As per above vote, Majority doesn't want to buy blindly, then why can't we change to have same perspective for ICOs?