|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||June 1, 2017|
|End||July 31, 2017|
ICO description, Technical Details and Documents
The evolution of cryptocurrencies has brought a number of new possibilities to the financial industry, but also to others, as well. With decentralization, people no longer have to depend on banks and financial institutions. They could manage and secure their funds themselves. While this means that they are responsible if the funds are stolen, it still means that there are no hefty fees to pay just for someone else to manage your transactions.
Digital money is on its way of being recognized and accepted worldwide, with Bitcoin leading the charge. This attracts more and more businesses to the crypto sector, which is only increased by the rapidly recovering prices.
The first time that the industry saw such a massive surge in new projects and businesses was in 2017 when token prices first started surging. Soon after that, new ICOs started appearing left and right. Investors were willing to invest in pretty much anything, and many tried to use it to raise money for all kinds of projects. One project like that, which tried to hold its ICO back in 2017, was CruCoins.
CruCoins is a digital token project that was supposed to sell its coins and raise money in order to facilitate the expenses connected to the world tour of a popular art exhibit known as 'Corporation.' The exhibit was featured in The Daily Beast and Yahoo Finance, and the project announced that the coins would be used to collateralize the value. Meanwhile, the sale of the Corporation exhibit would go through smart contracts, and as soon as the sale of all pieces of art was done, the tokens would have been redeemed.
The project expected that the token sale would be around $1 million-large. As mentioned, all money raised during the sale would be used for funding the tour, paying for various expenses, and alike. Meanwhile, tokens' uniqueness was in the smart contracts that would govern the coins' life.
The project announced four main smart contract governance stages. The first one was Sale, where tokens would be sold to non-US residents. Then, there was Collateralizations, where tokens would be backed by the exhibit and would track its value until the sale of all art pieces was done. The third was Trading, where tokens would be governed by a Lock. Finally, there was Redemption, where the tokens would be redeemed upon the exhibit pieces were sold during the tour.
The entire concept is quite interesting, to say the least, although it was clear that the tokens would lose their value and usefulness after the exhibit was sold.
CruCoins held its ICO back in mid-2017, while the coins' prices were on the rise. It was still the beginning of the crypto gold rush. Its token was known as CRU, and it was a utility token, developed on Ethereum's network. This, of course, means that it was an ERC-20 token.
There is not a lot of details regarding the ICO, apart from the fact that it was registered in the US, but it also restricted the US investors from participating. It lasted from June 1st, 2017, until July 31st of the same year. It is unknown how much it managed to raise, and the lack of any other information in regards to the ICO remains to this day.
* Crypto Rating accepts no liability for any errors in the CruCoins ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
|1||CNX Network||2022||4.943||Active||IoT||July 1, 2022||December 31, 2022|
|2||Wrapped Minima||2018||4.941||Active||Blockchain Infrastructure||February 14, 2023||February 28, 2023|
|3||EMCODEX||2021||4.94||Pre-sale||Commodities, Synthetic Assets||May 18, 2021||September 30, 2021|
|4||LetStudy||2020||4.935||Upcoming||Education||August 1, 2021||August 1, 2022|
|5||FUNA||2022||4.931||Active||AI||June 15, 2022||August 31, 2022|
|6||My Lotto Coin||2020||4.93||Pre-sale||Gaming, Lottery||April 1, 2021||June 30, 2021|
|7||Blockster (BXR)||2021||4.93||Upcoming||Media||May 31, 2021||October 12, 2021|
|8||BattleKnight||2021||4.927||Active||Game, NFT||February 5, 2022||November 30, 2022|
|9||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
|10||Recast1 Token||2021||4.91||Active||Trade, Stable Coin, Proof of Transfer and Stake||June 15, 2021||December 5, 2021|
|11||Pawtocol||2019||4.9||Pre-sale||Big Data||December 27, 2019||May 17, 2021|
|12||Curate||2019||4.9||Pre-sale||Advertising||August 9, 2019||May 30, 2021|
|13||Tycoon||2019||4.9||Active||Investment||December 7, 2019||June 28, 2021|
|14||SerenitySource||2019||4.9||Active||Energy||July 13, 2019||July 28, 2021|
|15||MetaHash||2018||4.9||Active||Finance||April 8, 2020||September 30, 2021|
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||89.2%||8||$36 947.77||-1.06%||-1.21%||$722 517 987 780|
|2||ETH||Ethereum predictions||76%||49||$2 006.98||-1.94%||-0.25%||$241 327 503 957|
|3||USDT||Tether predictions||93.2%||1||$1.000106||-0.01%||-0.03%||$88 908 308 061|
|4||BNB||Binance Coin predictions||81.6%||28||$225.88||-1.16%||-13.20%||$34 266 144 454|
|5||XRP||XRP predictions||76.8%||42||$0.599360||-0.94%||-1.73%||$32 255 761 880|
|6||USDC||USD Coin predictions||94%||1||$0.999945||0%||0.02%||$24 452 239 909|
|7||SOL||Solana predictions||56.8%||87||$54.93||-1.57%||-2.13%||$23 259 800 805|
|8||ADA||Cardano predictions||70%||62||$0.370958||-3.20%||-3.22%||$13 094 166 560|
|9||DOGE||Dogecoin predictions||75.2%||48||$0.077136||-4.06%||0.31%||$10 954 291 481|
|10||STETH||Lido stETH predictions||90.8%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||TRX||TRON predictions||81.2%||27||$0.101641||-4.10%||0.18%||$9 001 259 365|
|12||WTRX||Wrapped TRON predictions||82%||30||$0.101320||-4.87%||0.51%||$8 972 888 283|
|13||TON||Toncoin predictions||80%||31||$2.43||2.70%||4.28%||$8 334 169 287|
|14||LINK||Chainlink predictions||63.6%||69||$13.97||-3.35%||-1.89%||$7 781 668 263|
|15||AVAX||Avalanche predictions||57.6%||86||$19.69||-3.93%||-5.98%||$7 187 470 859|
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.