In just 6 months over a thousand crypto projects have failed

  • June 29, 2018
  • 2:11 am ET

Wallet issues, lack of updates, low to non-existent volume, dead websites and even abandonment are just some of the problems that have plagued crypto startups this year. So far in 2018, over 1000 crypto projects have failed. Unfortunately, this number includes plenty of projects that were outright scams to begin with and had no intention…

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Wallet issues, lack of updates, low to non-existent volume, dead websites and even abandonment are just some of the problems that have plagued crypto startups this year. So far in 2018, over 1000 crypto projects have failed. Unfortunately, this number includes plenty of projects that were outright scams to begin with and had no intention of ever fulfilling the promises they made to their token sale participants. While failed startups are not uncommon across the globe, there is particularly little to no help for investors in the crypto space who have lost all the funds they contributed.


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