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Topic: 2022 Crypto Dead Projects List (Read 327 times)

sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 31, 2022, 02:30:16 PM
#42
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX
Of the many crypto projects that died, how much effect did Terra and FTX have? The bankruptcy of FTX has been felt by the changes in crypto prices so far. Many investors experienced losses from the fraud committed by Terra which continued with the bankruptcy of FTX. If we calculate the average loss of $ 3.6 billion, then investors' losses amount to $ 93.6 billion. This is a very large number, close to USDT's market cap, plus USDC.
staff
Activity: 2436
Merit: 2347
December 31, 2022, 01:37:55 PM
#41
The year 2022 was ruthless for everyone. Some lost millions, some even billions. It would be interesting to compare such statistics with those of 2018, if they existed somewhere. I tried looking, but couldn't find it. There is a certainty that 2022 was much more brutal than the last bear cycle. A lot of these companies got really into the borrowing thing and then it all fell apart like a house of cards.
full member
Activity: 269
Merit: 101
December 31, 2022, 05:39:59 AM
#40
Yeah some of them looks good but they lost it all because of FTX collapse. Sometimes luck plays role in the investment plans that we make. Now if the entire projects funding were vanished due to the exchanger collapse then what the project owners could do in it? They might have struggled a lot to build those projects. It is unfortunate to see them go like this without their mistakes. I mean many times the project owners are doing furious things and fake the project roadmap. However, in the list of 26 there seems few projects which are promising (were promising) which are now either dead and no hope for their reconstruing. They have lost all of their liquidity in the process.
legendary
Activity: 2464
Merit: 1102
December 31, 2022, 04:32:52 AM
#39
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX
But, what would be the use? I am sure you will come up with another bigger list by the end of 2023 as people here will not learn anything from this topic; I am sorry for saying this because I do watch such awareness is being spread out here for years but seems like no one is learning anything and guiding newbies. This simply helps scammers to come up in the name of new projects and escaping with huge money every time, they attempt.

Some people may argue about bearish year for this happening but if we look into the percentage then every year is same moreover in bullish year failed projects are popping out in more numbers as per my observation.
legendary
Activity: 1820
Merit: 1207
December 31, 2022, 03:12:03 AM
#38
Well, at least I'm glad I never bought any of those coins that collapsed at some point. And I hope none of those in my portfolio will collapse someday.
Sooner or later at least one of your coin will collapse since you're invest in a centralized coin where the developer can easily manipulate the market or scam the investors. I know there's will be a coin that still survive maybe for 5-10 years, but it's just temporary, not forever.

At least I didn't get to invest in any of them that's just my joy right now. The little ones that I still have I'm looking for the slightest opportunity to sell them off.
You need to sell your coins when it's already make enough profit, altcoins are only for trading, not investing.
legendary
Activity: 2072
Merit: 1023
DGbet.fun - Crypto Sportsbook
December 31, 2022, 02:35:22 AM
#37
A pretty big number, but I wouldn't be too surprised since crypto is a free and open market. And it's a new market that's not regulated by any regulator, so it's normal for it to be taken advantage of or become a fancy scam space. This is the price we have to pay when we want to be free and decentralized.
It can be said that this year is the worst year of the market, we have too many collapses and heavy impacts from the world economy. Hopefully, everything will pass soon and the market will recover soon.
Worst? I doubt. As far as I know there were more projects being released before, way back 2017 wherein there are many campaigns on different project fields but only a few remain such as with gambling projects. Thus, such thing on my end is just normal depending on the market situation. Just think of how many projects are being introduced or released in the market and also, consider checking the ratio of those which failed and those which succeed. It is either good projects in general or just had boost on popularity, for those whoch succeeded. And to those failed projects, it will be the opposite but most of the time, it would rely on popularity of the project itself why it failed or succeed.

If talking about the number of projects in 2017 is too small compared to today, as far as I remember, in 2017, we only had more than 2000 projects listed on CMC, and this year, that number has reached 20k, and of course, the number of dead projects will also increase. That's a huge difference. Moreover, from the time it was created until now, the market has never experienced and been affected by wars, economic crises, etc., all have shown that this is the worst market year. It's not over yet. Do you think with what's going on in the world, the bear season will last longer than expected? I mean, the 4-year cycle could be broken.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
December 30, 2022, 06:39:03 PM
#36
so much money wasted being invested in these shitty projects meanwhile it should've been spent in something more useful like investing in new real innovation.
even though so many has been scammed by these projects, i'm pretty sure in the next bullrun they would get scammed again and added with the fact that many of these dead projects was formerly considered highly legit project that could brings massive profits but it seems many have been affected by luna crash and just hardly survive without their reserve money that quite literally got drained around luna crash, I guess investing in coins other than btc and eth should only be for short term.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 30, 2022, 03:47:47 PM
#35
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX
The sum of money scammed by these projects adds almost half of the total sum scammed by SBF/Alameda/FTX. That is a lot of money wasted by investors and that should be remembered side by side with all the big scams of 2022 and their respective stolen amounts. Imagine the difference this huge money could make in the world if used properly for legit causes. How many lives could be improved and how many people could be assisted if those projects had real purposes and impact in the reality. Instead of that, this money is going to pay bails, the wealthiest lawyers available in the market and the luxuous lives of the scammers behind the fraud. It's a shame!
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
December 30, 2022, 01:33:32 PM
#34
More projects (alts) are not going to survive this bear.  They are gonna make up the list of dead projects come 2023.

By the way, some exchanges like Binance and Kucoin are on steady delisting some coins. Does this mean that those coins are dead? I'm just curious to know.
Right, and i think a few coins will be dead in 2023 even from top 100 ranked coins, it’s my personal opinion. Whatever, i don’t think if a coin will delist by binance or kucoin, that's doesn't mean which coin will be dead but when this coin already listed another big exchanges otherwise here a big risk to project might be collapse.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
December 30, 2022, 11:45:32 AM
#33
A pretty big number, but I wouldn't be too surprised since crypto is a free and open market. And it's a new market that's not regulated by any regulator, so it's normal for it to be taken advantage of or become a fancy scam space. This is the price we have to pay when we want to be free and decentralized.
It can be said that this year is the worst year of the market, we have too many collapses and heavy impacts from the world economy. Hopefully, everything will pass soon and the market will recover soon.
Worst? I doubt. As far as I know there were more projects being released before, way back 2017 wherein there are many campaigns on different project fields but only a few remain such as with gambling projects. Thus, such thing on my end is just normal depending on the market situation. Just think of how many projects are being introduced or released in the market and also, consider checking the ratio of those which failed and those which succeed. It is either good projects in general or just had boost on popularity, for those whoch succeeded. And to those failed projects, it will be the opposite but most of the time, it would rely on popularity of the project itself why it failed or succeed.
jr. member
Activity: 45
Merit: 13
Bisq Market Day - March 20th 2023
December 30, 2022, 04:21:11 AM
#32
At least I didn't get to invest in any of them that's just my joy right now. The little ones that I still have I'm looking for the slightest opportunity to sell them off.
legendary
Activity: 2072
Merit: 1023
DGbet.fun - Crypto Sportsbook
December 30, 2022, 04:06:44 AM
#31
A pretty big number, but I wouldn't be too surprised since crypto is a free and open market. And it's a new market that's not regulated by any regulator, so it's normal for it to be taken advantage of or become a fancy scam space. This is the price we have to pay when we want to be free and decentralized.
It can be said that this year is the worst year of the market, we have too many collapses and heavy impacts from the world economy. Hopefully, everything will pass soon and the market will recover soon.
hero member
Activity: 2632
Merit: 833
December 30, 2022, 03:51:34 AM
#30
This list of 97 failed crypto projects is a good one and I am pleased that I didnt ever partake in any of those.  Swim Protocol, Mojito Markets, and Bagels Finance? These just sound like scam projects sad to think people lost money with them.

Yeah, I think only naive and gullible investors and mostly newbies are somewhat going to invest on those kind of projects. I mean just the name itself, screams scams and rug pulls already.

Really I am shocked there was 350 new 'scam tokens' created every day this year. Really just terrible thinking how many people lost their life savings in those 117,629 scam projects.

I'm not shocked at all with the number of scam tokens, what shocking is that people are still investing their hard earn money on this kind of projects. We really need to tell them that they should DYOR, because this market is full of scammers who wants to take advantage of everyone.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
December 30, 2022, 03:16:13 AM
#29
This list of 97 failed crypto projects is a good one and I am pleased that I didnt ever partake in any of those.  Swim Protocol, Mojito Markets, and Bagels Finance? These just sound like scam projects sad to think people lost money with them.

Really I am shocked there was 350 new 'scam tokens' created every day this year. Really just terrible thinking how many people lost their life savings in those 117,629 scam projects.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 11:59:44 PM
#28
Is this also a record of the higher number of dead projects in a year? I am curious.  Cheesy With so many names on the list and most are known in my own point of view this could also be the largest amount of money that was gone in the market.
We had a good year before the pandemic but I think survival was the key when it came, most of them didn't last that long.
NFT project developers had their reasons for bad communication with their teams due to the sickness that was spreading and they cannot advance with their roadmaps because of it.
member
Activity: 616
Merit: 10
December 29, 2022, 06:41:44 PM
#27
Those are only the biggest projects. According to new reasearch - 350 new 'scam tokens' were created every day this year: Solidus Labs

117,629 of scam projects that was lauched and died in 2022. Making total of 1.9 M investors impacted

Yeah, i saw a hundreds of altcoins were created and promoted it on Twitter every week. They just created the simple website, a simple litepaper, have a little followers, then gone after dumped their own projects. Also most of their project have an anonymous team. and oddly some people still fall for it. I don't know why, maybe they just "gamble" to invest in random projects and take some profit immediately when reach the ATH after the project launch.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 06:31:18 PM
#26
it's sometimes very silly how these projects gets impacted when the other projects that might completely have no relation with the project whatsoever is crashing, it's like domino effect with no relation.
in the crash of luna, other random project also crashing even though they didn't get invested even a dime by luna foundation themselves.
also big project doesn't mean it's gonna retain its value any better than the smaller project, big project just mean there are much more liquidity.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
December 29, 2022, 06:15:57 PM
#25
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX



Most of the lists are the wellknown projects, big project hype at the time, and falling down. Imagine that big projects like them cam also fall down and become dead projects, morever the new one. That is why aside these big dead projects, there are hundreds or thousand scam and dead projects in this year, especially so far.

We can't deny that there are so many scam and shit projects in the crypto world. Even Terra Luna and ftx in which big and top projects were also dead easily because of their weakness. This crypto world is exactly very risky and killing anyone who don't learn and aware of the risks.
full member
Activity: 2086
Merit: 193
December 29, 2022, 03:48:31 PM
#24
Oh my God, I was believing in them for most of the time, but I didn't know about much news about these projects. Now I had some idea that may be they rug pull and I had to out of most of them before the time over. Because I had believe in most of these projects since I was trading for about a year and now too.
As stated some of them are affected for what happened to FTX so most of them have no choice but also to abandoned the project since they can’t access their funds anymore so its a big loss for them and for the investors as well. Didn’t know those projects but seeing them on that situation is hard. Though some project did rug pull on purpose, so be careful on investing on new projects because you might fall into a fake one and be a victim of a scam as well.
full member
Activity: 1946
Merit: 112
December 29, 2022, 03:15:51 PM
#23
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX


Thanks for the info, it's definitely awful that so many bad crypto projects are entering the market. Unfortunately, the trend is very bad and next year will probably not be better. But I have not yet seen a single niche where there would be no problems. It so happened that in any direction there are always problems and crooks, and at the moment this problem is difficult to solve. But you need to go ahead and learn from mistakes, which means you need to approach the choice of a particular crypto project and cryptocurrency more carefully.
member
Activity: 412
Merit: 10
December 29, 2022, 01:39:25 PM
#22
Oh my God, I was believing in them for most of the time, but I didn't know about much news about these projects. Now I had some idea that may be they rug pull and I had to out of most of them before the time over. Because I had believe in most of these projects since I was trading for about a year and now too.
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 29, 2022, 12:29:14 PM
#21
I have several coins from the dead project, this is indeed a tremendous impact from the bankruptcy of LUNA to the collapse of FTX which made the project under their auspices stop and not get up again. Some of the dead project coins were also delisted by large exchanges such as Binance and could no longer be traded. Can you imagine how much the loss of investors who have the dead project coins.
legendary
Activity: 3752
Merit: 1415
December 29, 2022, 12:09:54 PM
#20
Those are only the biggest projects. According to new reasearch - 350 new 'scam tokens' were created every day this year: Solidus Labs

117,629 of scam projects that was lauched and died in 2022. Making total of 1.9 M investors impacted

Sad part is this will never ever stop until people stop being greedy.  But since greed has never wavered in Amy market crypto will continue to be susceptible to scams more often than not.  Be vigilant and steer clear of these projects as much as you can. 
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 11:35:24 AM
#19
it can't be denied that luna and ftx is quite impactful, there are indeed many projects that has been getting their demise from the crashes of luna added with the recent crash, but it's good since this means the market naturally eliminates coin that is rather weak fundamentally and therefore next bullrun we might see some coins that's just significantly good in term of fundamental than the ones that's already failing.
it's always like this in every bearish, the weaker coins gets eliminated by either getting delisted or just simply losing their volumes.
legendary
Activity: 1932
Merit: 1273
December 29, 2022, 11:25:29 AM
#18
-sni-
Ah, I see.

But the data could not be really accurate right, it's just a percentage based on the smart-contract scanning. More prefer to see the list from @OP, because people are really know a token without any rank or under rank 100.

Yea, it seems the list from OP is a project where there was a "utilities" before it died. The kind of project that was not built to outright scam people.

Compared to the yearly reports from the firm that I also barely knew, I think the scanner indeed won't give a perfect 100% accuracy, especially if there is a new polished method within the scam smart contract code. Nevertheless, it may also potentially give a pretty good number for a scam project that was created this year, noting people may reuse the same scam scheme again and again.



hero member
Activity: 3052
Merit: 651
December 29, 2022, 06:23:34 AM
#17
And eventually more will be listed there. Bankruptcy or just cannot endure what is happening in the market today and maybe until next year.
We don't see much of good news anymore, most are about rug pulls, scams, project closing down without prior notice to investors and a lot just could not survive the stagnant market.
Thanks for sharing the link though, really helpful.
legendary
Activity: 2184
Merit: 1302
December 29, 2022, 05:49:55 AM
#16
I'm pretty sure the number of failed/dead/extinct projects are way bigger than this, we all know new projects spring up on a daily basis and more often than not they all either fail, or scam people, and that brings an end to the project, either way the project doesn't succeed.

I don't even think it is actually possible to get the exact number of projects that failed this year, because trust me they are so much. To think that people lose money everyday in all of these projects, but nonetheless the next new project still allures investors, i guess it is what it is, and nothing is going to change next year or even in the future; for people who do no know what they are doing/how to handle altcoin risky investments, they better basically just invest in Bitcoin that is sustainable for the long run, and that wouldn't go extinct like most altcoins do.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
December 29, 2022, 04:45:20 AM
#15
This is the best example of "Not all new projects are worth to invest". Pure hype, these projects are driven by hype and manipulation, that's why if you can see they are failing and old projects that were already here for the aged are still here, just like Bitcoin and Ethereum.
These dead projects also blame the market because the market dumped them, for me, it's not a reason. If you are a quality project, bull market, or bear market, you are safe.
Another reason may also be that the project only wants to make a profit from investors' funds through the hype trend in the market so that when they fail, they will not think long about building it but instead leave and leave the project alone.
So obviously it's not a reason because of a bear market, rather the altcoin project doesn't have a mature idea in running it just wants to enjoy the trend of hype and manipulation for the development of the project but in the end he failed too.
sr. member
Activity: 2100
Merit: 309
December 29, 2022, 03:53:03 AM
#14
Cryptocurrency have bad viewed after 97 project was dead, seems still have several altcoin project missing in the list with exist listing in the market right now but price was drop drastically. Seems have potential for OP added with several altcoin project have price drop more than 1000% in project dead list in 2022.

Solana, AXS and absolutely with Luna coins have including in dead altcoin project after price down drastically and many people loss their investment. Need more selective at the future which one altcoin project worth for investing although with top ten market cap standing position can't guarantee with safety altcoin project.
hero member
Activity: 2268
Merit: 588
You own the pen
December 29, 2022, 03:33:46 AM
#13
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX


That's a huge number and because of this, the chance to land on a real project to invest your money in the long term is not as high as before anymore. Sometimes we don't know how exactly we can invest in the next successful project because of this kind of scenario and also experience and knowledge sometimes contradict our perspective. Due to the fact that the crypto market is still really high when it comes to its volatility, that's why the thing you need to remember and you should never forget is, to invest only what you can afford to lose. after what happened to FTX, the crypto market will not be the same anymore until it recovers from this bearish trend.
full member
Activity: 902
Merit: 101
December 29, 2022, 02:32:58 AM
#12
Well, at least I'm glad I never bought any of those coins that collapsed at some point. And I hope none of those in my portfolio will collapse someday.
sr. member
Activity: 2380
Merit: 366
December 28, 2022, 10:25:27 PM
#11
A total of 97 projects. That sounds a lot already for just a single year but I am a hundred percent sure that the number is a lot higher in reality. There are definitely more projects that haven't even gained a little traction yet before they are completely dead. Many of them must have been missed by those who compiled these probably for the reason that they didn't even earn a little success or even attention before they collapsed like they already died before even lived.
member
Activity: 224
Merit: 20
December 28, 2022, 09:32:35 PM
#10

They did not track it manually, it would be insane noting how many worthless tokens pop out every day. If you look around the report's firm site, it stated that they are using an automatic tool that scans the smart contract. So it must be set with defined scam smart contract characteristics to be incorporated with the tool, with that way, they are able to keep track of any shady tokens.

See https://www.soliduslabs.com/solutions/threat-intelligence for more reference.
I didn't claim they would do it manually, i just implied that there are several ways to do a rug pulls, like for example a slow rug pulls where devs just don't keep up with the roadmap or deliver anything meaningful and slowly leave the project to die. That would be hard to recognize by a bot when it takes sometimes over a year for users to realize it.

But thanks for the link, that's interesting read.

Exactly. There might be so many changes along the development road. Devs don't keep up with the roadmap or deliver any meaningful update. I rarely see any tech team that will complete tasks to the end. If we take these into consideration, the scam number will be much higher.
hero member
Activity: 1722
Merit: 801
December 28, 2022, 09:20:54 PM
#9
3000+ altcoin projects were dead and were delisted from Coingecko in last one year. I'd like to use altcoin projects, not crypto projects. It exclude Bitcoin project from altcoin projects. If we use crypto projects, we include Bitcoin project to shit coin projects.

Q3 2022 Report of Coingecko (Summary). Get Coingecko Full report.

Dead Coins: How Many Cryptocurrencies have Failed?
legendary
Activity: 2506
Merit: 1394
December 28, 2022, 08:16:46 PM
#8
This is the best example of "Not all new projects are worth to invest". Pure hype, these projects are driven by hype and manipulation, that's why if you can see they are failing and old projects that were already here for the aged are still here, just like Bitcoin and Ethereum.
These dead projects also blame the market because the market dumped them, for me, it's not a reason. If you are a quality project, bull market, or bear market, you are safe.
sr. member
Activity: 1722
Merit: 269
December 28, 2022, 05:41:46 PM
#7
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX


Thanks for that list. There are some pretty big names on it with Celsius, BlockFi, Anchor and many others and of course there is also FTX and Alameda which is responsible for many of those other projects to go bankrupt too. That those projects received a funding of 3.6 Billion $ is just crazy because in the end that is a huge amount of money that is basically lost forever probably. For everyone that makes a big profit in crypto there is someone that is making a loss obviously.
I also like that on that list there are no stupid meme-coins listed because obviously most of them are dead again withing a few days anyway. If those list would have included meme-coins, then it would have at least 10000 entries i would guess.
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 04:56:04 PM
#6

They did not track it manually, it would be insane noting how many worthless tokens pop out every day. If you look around the report's firm site, it stated that they are using an automatic tool that scans the smart contract. So it must be set with defined scam smart contract characteristics to be incorporated with the tool, with that way, they are able to keep track of any shady tokens.

See https://www.soliduslabs.com/solutions/threat-intelligence for more reference.
I didn't claim they would do it manually, i just implied that there are several ways to do a rug pulls, like for example a slow rug pulls where devs just don't keep up with the roadmap or deliver anything meaningful and slowly leave the project to die. That would be hard to recognize by a bot when it takes sometimes over a year for users to realize it.

But thanks for the link, that's interesting read.
legendary
Activity: 2660
Merit: 1261
December 28, 2022, 02:19:55 PM
#5
-sni-
Ah, I see.

But the data could not be really accurate right, it's just a percentage based on the smart-contract scanning. More prefer to see the list from @OP, because people are really know a token without any rank or under rank 100.
legendary
Activity: 1932
Merit: 1273
December 28, 2022, 01:58:05 PM
#4
Ok, i am impressed how someone can keep track how many rug pulling projects there have been, many of them are not as clear as they are slow rugs and as there is so many ways to rug people, it couldn't be easy job to recognize them, well except maybe the chart, but even with those you can't tell from a chart which project just failed and which rug pulled.

They did not track it manually, it would be insane noting how many worthless tokens pop out every day. If you look around the report's firm site, it stated that they are using an automatic tool that scans the smart contract. So it must be set with defined scam smart contract characteristics to be incorporated with the tool, with that way, they are able to keep track of any shady tokens.

See https://www.soliduslabs.com/solutions/threat-intelligence for more reference.
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 11:35:32 AM
#3
Those are only the biggest projects. According to new reasearch - 350 new 'scam tokens' were created every day this year: Solidus Labs

117,629 of scam projects that was lauched and died in 2022. Making total of 1.9 M investors impacted
Ok, i am impressed how someone can keep track how many rug pulling projects there have been, many of them are not as clear as they are slow rugs and as there is so many ways to rug people, it couldn't be easy job to recognize them, well except maybe the chart, but even with those you can't tell from a chart which project just failed and which rug pulled.

Too bad i can't read full version of that rug pull report without company email. It seems like it would be really interesting.
legendary
Activity: 2156
Merit: 1622
December 28, 2022, 11:14:40 AM
#2
Those are only the biggest projects. According to new reasearch - 350 new 'scam tokens' were created every day this year: Solidus Labs

117,629 of scam projects that was lauched and died in 2022. Making total of 1.9 M investors impacted
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
December 28, 2022, 10:25:15 AM
#1
97 projects 2022-10-27
This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion.
Many projects went bankrupt due to the collapse of Terra and FTX


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