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Deadcoin

April 21, 2022 - Updated on June 14, 2022

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December 19, 2024

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There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

• Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
  • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
    • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
      • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
        • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

          <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

          Most Read

          The Coins

          Deadcoin

          April 21, 2022 - Updated on June 14, 2022

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          Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

          December 19, 2024

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          \n

          Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

          There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

          • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
            • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
              • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                  • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                    <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                    Most Read

                    The Coins

                    Deadcoin

                    April 21, 2022 - Updated on June 14, 2022

                    Artificial Intelligence

                    Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                    December 19, 2024

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                    August 15, 2024

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                    November 24, 2024

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                    November 24, 2024

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                    \n

                    0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                    Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                    There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                    • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                      • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                        • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                          • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                            • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                              <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                              Most Read

                              The Coins

                              Deadcoin

                              April 21, 2022 - Updated on June 14, 2022

                              Artificial Intelligence

                              Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                              December 19, 2024

                              Artificial Intelligence

                              Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                              August 15, 2024

                              Banking

                              Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                              November 24, 2024

                              Artificial Intelligence

                              Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                              November 24, 2024

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                              By subscribing, you agree with our privacy and terms.

                              Type your email here

                              >

                              Follow The Distributed

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                              ADVERTISEMENT
                              \n

                              0xBitcoin<\/h3>\n\n\n\n

                              0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                              Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                              There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                              • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                  • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                    • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                      • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                        <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                        Most Read

                                        The Coins

                                        Deadcoin

                                        April 21, 2022 - Updated on June 14, 2022

                                        Artificial Intelligence

                                        Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                        December 19, 2024

                                        Artificial Intelligence

                                        Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                        August 15, 2024

                                        Banking

                                        Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                        November 24, 2024

                                        Artificial Intelligence

                                        Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                        November 24, 2024

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                                        By subscribing, you agree with our privacy and terms.

                                        Type your email here

                                        >

                                        Follow The Distributed

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                                        ADVERTISEMENT
                                        \n

                                        VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                        0xBitcoin<\/h3>\n\n\n\n

                                        0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                        Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                        There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                        • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                          • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                            • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                              • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                  <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                  Most Read

                                                  The Coins

                                                  Deadcoin

                                                  April 21, 2022 - Updated on June 14, 2022

                                                  Artificial Intelligence

                                                  Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                  December 19, 2024

                                                  Artificial Intelligence

                                                  Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                                  August 15, 2024

                                                  Banking

                                                  Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                  November 24, 2024

                                                  Artificial Intelligence

                                                  Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                                  November 24, 2024

                                                  Subscribe To Our Newsletter

                                                  By subscribing, you agree with our privacy and terms.

                                                  Type your email here

                                                  >

                                                  Follow The Distributed

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                                                  ADVERTISEMENT
                                                  \n

                                                  VegasCoin<\/h3>\n\n\n\n

                                                  VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                  0xBitcoin<\/h3>\n\n\n\n

                                                  0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                  Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                  There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                  • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                    • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                      • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                        • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                          • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                            <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                            Most Read

                                                            The Coins

                                                            Deadcoin

                                                            April 21, 2022 - Updated on June 14, 2022

                                                            Artificial Intelligence

                                                            Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                            December 19, 2024

                                                            Artificial Intelligence

                                                            Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                                            August 15, 2024

                                                            Banking

                                                            Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                            November 24, 2024

                                                            Artificial Intelligence

                                                            Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                                            November 24, 2024

                                                            Subscribe To Our Newsletter

                                                            By subscribing, you agree with our privacy and terms.

                                                            Type your email here

                                                            >

                                                            Follow The Distributed

                                                            Twitter Instagram Youtube LinkedIn Facebook RSS

                                                            

                                                            ADVERTISEMENT
                                                            \n

                                                            BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                            VegasCoin<\/h3>\n\n\n\n

                                                            VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                            0xBitcoin<\/h3>\n\n\n\n

                                                            0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                            Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                            There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                            • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                              • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                  • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                    • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                      <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                      Most Read

                                                                      The Coins

                                                                      Deadcoin

                                                                      April 21, 2022 - Updated on June 14, 2022

                                                                      Artificial Intelligence

                                                                      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                                      December 19, 2024

                                                                      Artificial Intelligence

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                                                                      August 15, 2024

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                                                                      November 24, 2024

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                                                                      November 24, 2024

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                                                                      \n

                                                                      BitConnect<\/h3>\n\n\n\n

                                                                      BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                      VegasCoin<\/h3>\n\n\n\n

                                                                      VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                      0xBitcoin<\/h3>\n\n\n\n

                                                                      0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                      Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                      There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                      • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                        • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                          • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                            • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                              • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                                Most Read

                                                                                The Coins

                                                                                Deadcoin

                                                                                April 21, 2022 - Updated on June 14, 2022

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                                                                                December 19, 2024

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                                                                                August 15, 2024

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                                                                                Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                                                November 24, 2024

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                                                                                November 24, 2024

                                                                                Subscribe To Our Newsletter

                                                                                By subscribing, you agree with our privacy and terms.

                                                                                Type your email here

                                                                                >

                                                                                Follow The Distributed

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                                                                                ADVERTISEMENT
                                                                                \n

                                                                                It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                BitConnect<\/h3>\n\n\n\n

                                                                                BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                VegasCoin<\/h3>\n\n\n\n

                                                                                VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                0xBitcoin<\/h3>\n\n\n\n

                                                                                0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                  • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                    • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                      • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                        • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                          <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                                          Most Read

                                                                                          The Coins

                                                                                          Deadcoin

                                                                                          April 21, 2022 - Updated on June 14, 2022

                                                                                          Artificial Intelligence

                                                                                          Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                                                          December 19, 2024

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                                                                                          Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                                                                          August 15, 2024

                                                                                          Banking

                                                                                          Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                                                          November 24, 2024

                                                                                          Artificial Intelligence

                                                                                          Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                                                                          November 24, 2024

                                                                                          Subscribe To Our Newsletter

                                                                                          By subscribing, you agree with our privacy and terms.

                                                                                          Type your email here

                                                                                          >

                                                                                          Follow The Distributed

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                                                                                          ADVERTISEMENT
                                                                                          \n

                                                                                          Examples Of Deadcoins<\/h2>\n\n\n\n

                                                                                          It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                          BitConnect<\/h3>\n\n\n\n

                                                                                          BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                          VegasCoin<\/h3>\n\n\n\n

                                                                                          VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                          0xBitcoin<\/h3>\n\n\n\n

                                                                                          0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                          Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                          There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                          • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                            • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                              • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                                • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                                  • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                                    <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                                                    Most Read

                                                                                                    The Coins

                                                                                                    Deadcoin

                                                                                                    April 21, 2022 - Updated on June 14, 2022

                                                                                                    Artificial Intelligence

                                                                                                    Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                                                                    December 19, 2024

                                                                                                    Artificial Intelligence

                                                                                                    Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                                                                                    August 15, 2024

                                                                                                    Banking

                                                                                                    Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                                                                    November 24, 2024

                                                                                                    Artificial Intelligence

                                                                                                    Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                                                                                    November 24, 2024

                                                                                                    Subscribe To Our Newsletter

                                                                                                    By subscribing, you agree with our privacy and terms.

                                                                                                    Type your email here

                                                                                                    >

                                                                                                    Follow The Distributed

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                                                                                                    ADVERTISEMENT
                                                                                                    \n

                                                                                                    According to a recent report from The Distributed, as of April 2022, there are currently 1705 Deadcoins<\/a> floating around in blockchains worldwide.<\/p>\n\n\n\n

                                                                                                    Examples Of Deadcoins<\/h2>\n\n\n\n

                                                                                                    It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                                    BitConnect<\/h3>\n\n\n\n

                                                                                                    BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                                    VegasCoin<\/h3>\n\n\n\n

                                                                                                    VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                                    0xBitcoin<\/h3>\n\n\n\n

                                                                                                    0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                                    Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                                    There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                                    • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                                      • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                                        • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                                          • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                                            • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                                              <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                                                              Most Read

                                                                                                              The Coins

                                                                                                              Deadcoin

                                                                                                              April 21, 2022 - Updated on June 14, 2022

                                                                                                              Artificial Intelligence

                                                                                                              Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

                                                                                                              December 19, 2024

                                                                                                              Artificial Intelligence

                                                                                                              Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

                                                                                                              August 15, 2024

                                                                                                              Banking

                                                                                                              Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

                                                                                                              November 24, 2024

                                                                                                              Artificial Intelligence

                                                                                                              Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

                                                                                                              November 24, 2024

                                                                                                              Subscribe To Our Newsletter

                                                                                                              By subscribing, you agree with our privacy and terms.

                                                                                                              Type your email here

                                                                                                              >

                                                                                                              Follow The Distributed

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                                                                                                              ADVERTISEMENT
                                                                                                              \n

                                                                                                              Although cryptocurrencies labeled as Deadcoins go extinct in markets, there is always the possibility that a project can regain traction and reappear in markets.<\/p>\n\n\n\n

                                                                                                              According to a recent report from The Distributed, as of April 2022, there are currently 1705 Deadcoins<\/a> floating around in blockchains worldwide.<\/p>\n\n\n\n

                                                                                                              Examples Of Deadcoins<\/h2>\n\n\n\n

                                                                                                              It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                                              BitConnect<\/h3>\n\n\n\n

                                                                                                              BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                                              VegasCoin<\/h3>\n\n\n\n

                                                                                                              VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                                              0xBitcoin<\/h3>\n\n\n\n

                                                                                                              0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                                              Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                                              There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                                              • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                                                • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                                                  • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                                                    • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                                                      • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                                                        <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                                                                                                                        Most Read

                                                                                                                        The Coins

                                                                                                                        Deadcoin

                                                                                                                        April 21, 2022 - Updated on June 14, 2022

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                                                                                                                        \n

                                                                                                                        Cryptocurrencies can die, when this happens they're declared a 'Deadcoin'. Deadcoins are crypto projects which turned out to be a scam, have been abandoned by the founders, and have low liquidity among other reasons making the project no longer feasible.<\/p>\n\n\n\n

                                                                                                                        Although cryptocurrencies labeled as Deadcoins go extinct in markets, there is always the possibility that a project can regain traction and reappear in markets.<\/p>\n\n\n\n

                                                                                                                        According to a recent report from The Distributed, as of April 2022, there are currently 1705 Deadcoins<\/a> floating around in blockchains worldwide.<\/p>\n\n\n\n

                                                                                                                        Examples Of Deadcoins<\/h2>\n\n\n\n

                                                                                                                        It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                                                        BitConnect<\/h3>\n\n\n\n

                                                                                                                        BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                                                        VegasCoin<\/h3>\n\n\n\n

                                                                                                                        VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                                                        0xBitcoin<\/h3>\n\n\n\n

                                                                                                                        0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                                                        Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                                                        There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                                                        • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                                                          • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                                                            • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                                                              • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                                                                • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                                                                  <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                                                                                                                                  The Coins

                                                                                                                                  Deadcoin

                                                                                                                                  April 21, 2022 - Updated on June 14, 2022

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                                                                                                                                  ADVERTISEMENT
                                                                                                                                  \n

                                                                                                                                  What Is A Deadcoin?<\/h2>\n\n\n\n

                                                                                                                                  Cryptocurrencies can die, when this happens they're declared a 'Deadcoin'. Deadcoins are crypto projects which turned out to be a scam, have been abandoned by the founders, and have low liquidity among other reasons making the project no longer feasible.<\/p>\n\n\n\n

                                                                                                                                  Although cryptocurrencies labeled as Deadcoins go extinct in markets, there is always the possibility that a project can regain traction and reappear in markets.<\/p>\n\n\n\n

                                                                                                                                  According to a recent report from The Distributed, as of April 2022, there are currently 1705 Deadcoins<\/a> floating around in blockchains worldwide.<\/p>\n\n\n\n

                                                                                                                                  Examples Of Deadcoins<\/h2>\n\n\n\n

                                                                                                                                  It was during the ICO mania back in 2017 that many of the current 'deadcoins' took their first form. Over 80% of all ICOs in 2017 had been scams.((Bloomberg - CRYPTOASSET MARKET COVERAGE INITIATION: NETWORK CREATION<\/a>))<\/p>\n\n\n\n

                                                                                                                                  BitConnect<\/h3>\n\n\n\n

                                                                                                                                  BitConnect ($BCC) is the most well-known scam within the cryptocurrency industry. It was essentially a Ponzi scheme laced with multilevel marketing and impossibly high payouts (1% daily compounded interest). After being labeled by Texan regulators as a Ponzi scheme, the price plummeted to less than $1 from a high of $525.<\/p>\n\n\n\n

                                                                                                                                  VegasCoin<\/h3>\n\n\n\n

                                                                                                                                  VegasCoin ($VGC<\/a>) was a project that was abandoned. Due to the sports betting nature of the coin, reports show it was acquired and discontinued by another company. <\/p>\n\n\n\n

                                                                                                                                  0xBitcoin<\/h3>\n\n\n\n

                                                                                                                                  0xBitcoin ($0xBTC<\/a>) was another project abandoned by the founders. The first 0xBTC was mined in 2018 and soon reached a price of around $5 before dropping to $0.10, which caused the core team to leave the project entirely.((CoinMarketCap - What Are Deadcoins?<\/a>))<\/p>\n\n\n\n

                                                                                                                                  Although the project is still indexed on CoinMarketCap and is trading at $0.95.<\/p>\n","post_title":"Deadcoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"deadcoins","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world\/","post_modified":"2022-06-14 01:40:04","post_modified_gmt":"2022-06-13 15:40:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4486","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4478,"post_author":"1","post_date":"2022-04-21 01:47:47","post_date_gmt":"2022-04-20 15:47:47","post_content":"\n

                                                                                                                                  There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to be many cryptocurrencies that fail, although some harder than others.<\/p>\n\n\n\n

                                                                                                                                  • Deadcoins<\/a> are cryptocurrencies or tokens which have become inactive or infeasible. This can happen if they've been found to be scams, been abandoned, delisted on exchanges, failed ICOs, or just outright failed.<\/li><\/ul>\n\n\n\n
                                                                                                                                    • Data taken from 99Bitcoins<\/a> shows that there are currently 1705 deadcoins, as of April 21st, 2022. <\/li><\/ul>\n\n\n\n
                                                                                                                                      • There has been around a 9% increase in failed coins since last year, according to data strictly taken from 99Bitcoins. In February of 2021 99Bitcoins had 1551 deadcoins listed<\/a> on their site.<\/li><\/ul>\n\n\n\n
                                                                                                                                        • Popular examples of Deadcoins include; BitConnect ($BCC), BitconnectX ($BCCX), Ethereum Lite ($ELITE), Storeum ($STO), and Vegascoin ($VGC).<\/li><\/ul>\n\n\n\n
                                                                                                                                          • In 2021 alone, over US$2.8B was stolen from investors through various scams and schemes according to Chainalysis<\/a>.<\/li><\/ul>\n\n\n\n

                                                                                                                                            <\/p>\n","post_title":"There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"there-are-over-1700-deadcoins-cryptocurrencies-forgotten-by-this-world","to_ping":"","pinged":"\nhttps:\/\/blog.chainalysis.com\/reports\/2021-crypto-scam-revenues\/","post_modified":"2022-04-21 16:38:06","post_modified_gmt":"2022-04-21 06:38:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4478","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                                                                                                                                            Deadcoin

                                                                                                                                            April 21, 2022 - Updated on June 14, 2022

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                                                                                                                                            Deadcoins

                                                                                                                                            

                                                                                                                                            The Coins

                                                                                                                                            Deadcoin

                                                                                                                                            What Is A Deadcoin? Cryptocurrencies can die, when this happens they're declared a 'Deadcoin'. Deadcoins are crypto projects which turned ...

                                                                                                                                            by The Distributed Team

                                                                                                                                            April 21, 2022

                                                                                                                                            

                                                                                                                                            Scams

                                                                                                                                            There Are Over 1700 Deadcoins, Cryptocurrencies Forgotten By This World

                                                                                                                                            There are over 18,000 cryptocurrencies in circulation as of April 2022. With a number this large there are bound to ...

                                                                                                                                            by The Distributed Team

                                                                                                                                            April 21, 2022

                                                                                                                                            Most Read

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                                                                                                                                            Deadcoin

                                                                                                                                            April 21, 2022 - Updated on June 14, 2022

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                                                                                                                                            November 24, 2024

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