60 Zombie ICOs: Sign of the Cryptopocalypse? (Charts)

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The ICO window is narrowing, if not closing. Early exuberance is cooling, regulators are sharpening their focus and problematic projects like Bitconnect and Tether appear to be crumbling. And an increasing number of ICOs are joining the ranks of the walking dead.

How much are ICOs raising? Plenty. Collectively, ICOs raised USD 910.5 million in the first month of 2018, according to Token Report data. After a spike in December, January’s haul was more than projects raised in either October or November–although the number of ICOs that closed is way, way down. 

How much have ICOs raised? Chart showing fundraise amounts and activity in January

And, a more important question for the coming zombie cryptopocalypse: how many ICOs are opening. The number of ICO hopefuls continues to far outpace the number that are actually able to raise funds and close.

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When Token Report first started gathering data on ICOs, we were adding them at a rate of one or two a day to our database. That number has climbed consistently, through regulatory pressure and market dips. We are now adding them at a rate of seven to 10 a day.

It isn’t looking like there’s much of a slowdown: 177 ICOs opened last month — more than opened in each of the last three months of 2017. There are already 141 scheduled to open in February so far. Meanwhile, fewer ICOs closed in January than in any month in Q4.

 

How many ICOs are there? Chart shows ICOs opened vs closed in the past 4 months

Token Report has so far found 60 ICOs that we would confidently consider Inactive–i.e., they are zombiesThese projects had planned an open date of more than two months ago but had neither closed nor announced a cancellation. They simply stopped updating their websites, forums and social media and have not done so for one month or more.

Below is the list of all of them. We expect this number to grow, adding to the list of zombie ICOs that never made it past an initial announcement. This is not investment advice.  

Project

Ticker

Description

Website

Blind Croupier

WIN

Gambling platform

https://blindcroupier.io/

Tada Channel

TADA

Digital film & TV studio and publishing platform

http://tadachannel.com/

Cryptochip

CRC

Platform converting Bitcoin to land-based casino chips

https://www.cryptochip.io/

CodeTract

CTT

Building on Ethereum for mainstream transaction of value

https://launch.codetract.io/

Veridium Network

TGR

Tokenizing natural resources

http://veridium.io/

Tingo Coin

TCN

Agricultural value-added services on the blockchain in Africa

http://tingocoin.com/#home

Aspire

ASP

Digital asset creation

https://aspirecrypto.com/

Mill of Blood

TEIO

Financial solutions for data privacy regulation

https://millofblood.com/index.php

Boule

BOU

Blockchain remote voting platform

https://www.boule.one/

Betstreak

BST

Blockchain casino

https://ico.betstreak.io/

Cove Identity

SHEL

Digitally-verified document storage

https://coveidentity.com/

Lescoin

LSC

Woodstock-backed cryptocurrency

https://lescoin.io/

Abab

AAA

Marketplace for accomodation rentals

https://abab.io/

Open Money

OPEN

Integrated APIs and SDKs to bring cryptocurrency to mainstream software products

https://www.openmoney.digital/

Skillboard

SKILL

Freelancing platform

https://www.skillboard.io/

Stubba

STUB

Commission-free event ticketing platform

https://ico.stubba.com/

Trippki

TRIP

Hotel booking and rewards platform

https://trippki.com/

Genesis World

GW

Platform for software development

http://ico.genesis.world/

Stockbet

Blockchain open platform for game development

https://stockbet.com

TripleAlpha

TRIA

Algorithmic exchange-traded fund

https://triplealpha.io/

ScriptDrop

AHC

Prescription delivery and reminders

https://www.scriptdrop.io/

Grace Token

GRCE

Charity fundraising and donation platform

https://www.gracetoken.org/

Xenio

XNO

Decentralizing gaming blockchain and application

https://xenio.io/

BmyBit

BMYC

Cross-exchange automated cryptocurrency trading

https://bmybit.com/

Coindrive

CDR

E-wallet to store, trade and invest in virtual assets

https://coindrive.xyz/

Bitroad

BTD

Payments and money transfers

http://bitroad.io/

BTC Green

BTCG

Crowdfunding project for environmental initiatives

https://www.btcgreen.co/

Climatecoin

C02

Coin to invest in climate change solutions

http://climatecoin.io/

Cryptonetix

CNX

Assets management and analytics platform

http://cryptonetix.com/#/

CryptoFund

DACF

Hedge fund and portfolio management

https://crypto-fund.org/

Bopti

BOPTI

Loyalty crypto for construction industry

https://bopti-ico.org/

ReOrder

RCO

Retail cryptocurrency infrastructure

https://ico.reorder.world/

Whizz Coin

WHZ

Utilize crypto holdings for investments and payments

https://whizzcoin.com/

Lust

LUST

Platform for matching users with their ideal sexual partner

https://lust.agency/

Xenio

XNO

Decentralizing gaming blockchain and application

https://xenio.io/

AlphaPoint

APN

Public blockchain infrastructure

https://apn.alphapoint.com/

Lescoin

LSC

Woodstock-backed cryptocurrency

https://lescoin.io/

Weigrate Market

WRT

Penny auction an multi vendors platform

https://www.wrtcoin.com/

Shinecoin

SHINE

Webcam adult network

shineco.in

Crucoins

Platform to collaterize and monetize art

http://crucoins.com/cru-coins/

Aspire

ASP

Digital asset creation

https://aspirecrypto.com/

Rocksolve

ROIN

Data and knowledge platform for geological technologies and solutions

https://roin-ico.com/

Goldmine Token

GMT

Gold, copper and emerald mining in Zambia

https://goldmtoken.com/

Rosenbridge Digital

RDCR

Financing platform

https://www.rosenbridgedigital.org/

Premium Trade

STN

Investment platform

https://premiumtrade.info/ru.php

Git Money

GIT

Freelance marketplace

http://gitmoney.online/

Sosnovkino

SNK

Land development project

http://sosnovkino.info/

Moosecoin

MOOSE

Music distribution and ownership platform for artists and record labels

https://www.moosecoin.io/

Dropfoods

Network of smart vending machines

http://www.dropfoods.com/en/home

MFV

MFV

Payment platform for merchants

https://www.mfv.io/

AdCoin

ACC

Cryptocurrency for advertisers, publishers and online businesses

https://www.getadcoin.com/

RefToken

REF

Affiliate marketing platform

https://reftoken.io/ico/

CyberTrust

CABS

Derivatives backed by cryptocurrencies

https://cybertrust.io/

BitEther

BTR

Lending and gaming platform

https://www.bitether.co/

REuse Cash

RECSH

Token for recycling

http://reuse.cash

AxionV

AXION

Trading platform with artificial intelligence capabilities (inactive since November 2017)

https://www.axionv.com/

LIGHTS

LCA

Crowdrating for movie scripts; Project appears on several ICO listings, but it’s unclear whether they are issuing a token.

https://www.lights.tech

IONCO

 All-purpose cleaner project

ionco.io

Quasar Coin

QSR

 Token to facilitate lending

https://quasarcoin.io/

Spot one in this table that you know to be active? Or, did we miss one that you know is among the walking dead? Let us know in our Telegram forum, here.

***

Token Report is an independent financial information service founded by Galen Moore and Peter Vessenes. Galen is a financial journalist with a background in startups, venture capital and launching news sites. Peter is a co-founder of the Bitcoin Foundation, and launched the first VC-backed Bitcoin company in 2011. He is managing director at New Alchemy, a boutique consulting and investment group based in Seattle, Wash., that is making a pre-seed investment in Token Report.​

Nothing contained in Token Report materials or posted at tokenreport.com constitutes an offer or a solicitation of an offer to buy or sell a security, financial instrument, or other category of asset, or investment advice or recommendation of a security, financial instrument or other category of asset. Tokens involve risk and are not suitable assets for everyone. Token Report believes its information was obtained from reliable sources but does not guarantee its accuracy or completeness and accepts no liability for losses arising from the publishing of this information. The information provided by Token Report is not a substitute for financial, legal and other professional advice. Each individual should always consult his or her own financial, legal or other professional advisors and discuss the facts and circumstances that apply to the individual.

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