As we step into 2024, cryptocurrency The market is saying goodbye to a few projects that cannot withstand the challenges of 2023. Market closures, bankruptcies and prolonged inactivity led to the end of these initiatives. The collective financing of these failed projects amounts to a staggering US$940 million.
The demise of these projects spans a variety of industries, from lending and DeFi to NFTs, gaming, and more.
Here are some cryptocurrency projects that died in 2023:
- BonqDAO
- OIN Finance
- windvane
- Yeti Finance
- AQUA
- DIGITAL Biomes
- Dot Finance
- PolkaWorld
- Many Exchanges
- cabital
- MinervaMINE
- MetaPoint
- SappChatAPP
- bastion
- Pax.world
- Themis
- The Parallel
- Ankex
- Tomb Chain
- Txbit
- seismo
- Magneto
- Bytom
- quotal
- BKEX
- bittrex
- DeZy
- gomu
- CNHC Group
- HYPO
- GRO Protocol
- linen
- xToken
- Stelo
- AnimalGo
- return
- synthesize
- versum
- Async Art
- SkyLaunch
- housecat
- LBRY
- Superdao
- xeenon
- ascenders
- Grim Finance
- Boring Protocol
- Nitro Network
- Yield Protocol
- Slashauth
- Fuji Finance
- cardinal
- multichain
- clockwork
- Outlet Finance
- Voice
- Glass Protocol
- Naetion
- Interable Protocol
- RioDeFi
- meland.ai
- Arenum
- Agility
- 1Left
- BlueBenx
- BNPL Share
- Kaco Finance
- TaleCraft
- Starbots
- hotbit
- RECUR
- Warp Finance
- Prime Trust
- GEN.ART
- Hundred Finance
- Saddle Finance
- autofarm
- Nifty’s
- DeHorizon
- CoinLoan
- HashLand
- Kannagi Finance
- SolChicks
- Zircon Finance
- ARX
- Phezzan Protocol
- Enchanter Finance
- EZ Finance
- Geist Finance
- Algofi
- tonic
- Pillow
- Wyre
- paprMEME
- swap.net
- nomics
- UPFI Network
- Earnity
- Pizza
- Hopex
- LocalBitcoins
- Lazerpay
- metroverse
- genki
- Numio
- formfunction
- Vovo Finance
- TradeBlock
- Rally
- friction
- everland
- Galois Capital
- coincloud
- EtherOrcs
- paxfull
It is noteworthy that among the bankrupt projects in question, there are once promising names such as Prime Trust, Gomu, GRO Protocol, Stelo, Yield Protocol, Multichain, Clockwork and Wyre.
*This is not investment advice.
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