Some dead and half-dead projects from the previous cycle:
- @EOSIO: raised $4.2B, now at... $400 in TVL, lmao.
- @PiCoreTeam: no idea how much it raised but the thing is, @coingecko shows that its FDV is $3B, while @CoinMarketCap shows $25B. No idea what the tokenomics are, lol.
- @hedera: raised $286M, $HBAR airdrop was great, but it's an "enterprise blockchain" which no single enterprise actually using it.
- @Cardano: I have no idea how does it even has $18.5B FDV. The chain fees are 0 in the last week.
- @DfinityToday: raised $167M, $16M in TVL. Somehow sitting at $2.2B FDV.
I got bored and went through @DefiLlama to find some dead projects that TGE'd this cycle... So, here's a list.
- @celestia: raised $156M, now at $0 in TVL and $90 in daily fees.
- @0G_labs: raised $357M, now at $1.5M in TVL and $OG is -76% from TGE.
- @StoryProtocol: raised $216M, now at $12M in TVL and $103 in daily fees.
- @movementlabsxyz: raised $41M, now $201M in TVL but... $2 in daily fees and $7M of DEXs volume.
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