We continue to write about ICO- projects that were very popular at the time and attracted considerable funds. Previously, we wrote about achievements Civic, Storj and Powerledger, today we’ll look at the results of the developers’ activities Enjin Coin,Basic Attention Token and Bancor.
Enjin Coin (ENJ): An NFT Pioneer in Search of a New Game
Enjin was the first project to develop gaming assets on the blockchain, and the ERC-1155 standard is their development. In 2017 ICO allowed to attract $18,9 million. At the time of the rush demand for NFT in November 2021 years token ENJ set a price record at $4,83.
Then the Enjin project migrated from the network Ethereum on its own Enjin Blockchain. As a result, the project has completely transformed itself within its own Layer 1 network into a significant player in the gaming industry.
2026 saw many significant events. On March 10, 2026, the Token Groups feature was launched, allowing for the creation of complex hierarchies. NFT (for example, armor sets or weapon ranges), which is critical for massively multiplayer online games.
On May 8, 2026, a major upgrade to the Kallang Relaychain was announced. The upgrade fixes bugs in the staking system and introduces a new voting pallet, sENJ (staken ENJ), making network governance more reliable.
May 9, 2026 announced about a collaboration with CS2TEAM, a platform for Counter-Strike 2, which was supposed to ensure an influx of audience from traditional eSports.
The crypto project’s developers are embracing new technologies and have integrated the previously launched AI coding assistant, Enjin Platform AI, into the SDK, reducing the deployment time for gaming smart contracts by 40%.
In 2026, the Enjin team built HyperFX, a cross-chain stablecoin payment and on-chain forex system based on its Hyperbridge, targeting the $9 trillion cross-border remittance market.
In the middle of April token showed a colossal increase of +146%, soaring from $0,03 to a local peak of $0,103 on April 16. Analysts attribute this to a powerful short squeeze on short positions in the derivatives market.
ENJ’s current price is valued at $0,04, giving it a total market capitalization of $85 million.
Basic Attention Token (BAT): Browser Wars and AI Assistant
JavaScript and Mozilla creator Brendan Eich’s project set a record in 2017, having collected $35 million in just 30 seconds. His idea was to reward users for viewing ads in their browser. Brave.
By 2026 year Brave has evolved into a full-fledged ecosystem with its own search engine and AI assistant, Leo. In January 2026, Brave The Search API has become the only tool with “zero data retention,” attracting numerous AI companies. BAT is now used not only for incentives but also for access to premium AI agent features.
While the project seemed like a daring experiment in the media industry in 2017, today it’s one of the most widespread crypto ecosystems in the world. The browser currently has 115 million users, with 49 million daily active users.
More than 2 million content creators are already registered in the author ecosystem, of which the lion’s share are on YouTube (875 thousand) and the social network X (235 thousand).
Current users Brave can receive rewards in BAT in self-custody mode via the network SolanaThis solved the problem of high fees. Ethereum and dependencies on custodial services like Uphold or Gemini:.
Purse Brave The wallet has evolved into a full-fledged Web3 hub, supporting transactions not only with BAT, but also with Bitcoin, Solana.
Another important achievement of the project is Leo AI, a browser-based AI that can be paid in BAT, which has become a fully-fledged “agent.” Its new Leo Skills feature offers automated scenarios (competitor analysis, video summarization, code writing), which professional users can access for BAT.
Zero Data Retention Solution: Brave The Search API became the world’s only tool for AI companies with a zero-data-retention guarantee, opening up the enterprise search market for BAT.
While BAT’s current price of $0,101 is 18 times lower than its 2021 peak of $1,92, the network’s 4,53 million monthly real transactions suggest the project is in the best shape of its 9-year history.
Bancor: From a High-Profile ICO to Oblivion
In 2017, the crypto market was going through an era ICO- fever, and it was then that one of the most ambitious projects of the time, Bancor, emerged. The team promised to solve one of the key problems of the early Block-market in the form of a lack of liquidity for tokens and proposed a new model for exchanging crypto assets without an order book and intermediaries.
12 June 2017 ICO Bancor became a sensation as the project raised around $153 million in ETH in just a few hours. Among the investors was a well-known venture capitalist Tim Draper.
Bancor’s core idea was to use so-called liquidity pools and automated pricing via smart contracts. These mechanisms are now considered standard. DeFi-industry, but in 2017 the market perceived them as an experiment. Later, a similar model was popularized Uniswap Labs, which managed to turn the AMM concept into a mass product.
After crypto market collapse In 2018, Bancor began to lose ground. However, the project managed to return to the spotlight during DeFi- the 2020–2021 boom thanks to the Impermanent Loss Protection mechanism, a system for compensating losses of liquidity providers.
However, it was this very feature that later became a source of problems. In 2022, following a sharp market decline, Bancor was forced to temporarily disable impermanent loss protection. Critics claimed the model was economically unsustainable and relied on additional BNT token issuance. The project was later criticized. class action lawsuits have been filed in the U.S..
By 2026, Bancor will already was not among the leaders DeFi, losing the market to platforms such as Uniswap Labs and Curve Finance. Nevertheless, the project’s contribution to the crypto industry remains enormous: Bancor was one of the first to demonstrate how a decentralized system could work. liquidity without traditional exchange mechanisms.
Well, the tokens of these projects did not provide hodlers with many opportunities to exit positions without losses, but at least the teams Enjin Coin and Basic Attention Token have found their place in the crypto industry and continue to develop.
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