- This article describes the results of almost 9 years of project development Civic, Storj and Powerledger, ICO which brought them huge financial investments.
- Despite new successful developments, the projects’ tokens are far from their price peaks and are unlikely to repeat them.
Since the boom ICO Many years have passed since 2017. Back then, investors were rushing to buy tokens for new projects, hoping to reap big profits down the road. While some projects—in fact, the majority—proclaimed their desire to transform the industry and limited themselves to slogans, some truly had compelling ideas and brought something new to the table.
This article discusses three ICO- projects that were declared innovative and promising, and the results of their work are being summed up after nine years.
Civic (CVC): A pioneer in personal identification
Civic burst into the market in June 2017, led by Bitcoin proponent Vinny Lingham. In just a few hours, the project raised $33 million, and some of the editorial staff Happy Coin News They wanted to buy tokens, but didn’t have time. The idea was stated as quite ambitious—to create a decentralized identity ecosystem where users control their own data.
In January 2018, CVC reached its all-time high of $1,35, giving the crypto project a market capitalization of over half a billion dollars.
Today Civic survived and changed its focus. In 2025, the project became deeply integrated into the ecosystem. Solanaby running Solana Attestation Service (SAS).
The main development of 2026 for Civic — infrastructure for automating work processes using AI Civic Nexus integrated with Google Workspace. Developers Civic Google Workspace API verification has been completed and SOC 2 Type II security certification has been obtained. This allows AI agents to securely perform tasks in user email, calendars, and documents using Civic as a “layer of trust”.
In the modern world, AI agents are starting to make payments and sign contracts, and Civic Nexus provides identification, that is, it confirms that the agent is acting on behalf of a real person and has the authority to do so.
Additionally, Civic became a key partner Solana in the launch of a native protocol for SAS data verification (Solana Attestation Service). Now dApps on Solana can instantly check a user’s status (for example, whether they are a human and not a bot, and whether they have passed KYC) without requiring documents.
Civic — one of the few crypto projects that in 2024 released a physical card that works in conjunction with a mobile app and Soulbound tokens (SBT), which act as digital proof of identity (Civic Pass).
The current price is $0,03, giving it a market capitalization of $27,1 million.
Coinmarketcap data
Storj (STORJ): A Veteran in Decentralized Storage
One of the oldest projects, which began its journey back in 2014 and received impetus for development after ICO in 2017, which allowed for the attraction of $30 million in financing. Storj offered cloud storage where files are encrypted, fragmented, and distributed across nodes around the world.
In March, the 2021 token STORJ soared to $3,81, fueled by a general rally in altcoins and a surge in demand for decentralized solutions.
Today Storj — is a mature B2B product. In 2025-2026, the project will focus on the enterprise sector, offering petabyte-scale data storage. Despite a 64% price drop over the past year, the network remains one of the most stable in the sector. DePIN.
At the 2026 NAB Show in Las Vegas, which took place in April 2026, Storj introduced an update to Object Mount. This solution allows you to mount cloud object storage as a local drive. For end users, such as video editors, working with petabytes of data in the cloud is now as fast as working with an SSD drive on your computer.
The new solution addresses the main problem of decentralized networks: the complexity of integration. Storj can be called a full-fledged “drop-in” replacement for AWS S3, which does not require rewriting application code.
In 2025-2026 the team Storj began to aggregate unused video card capacity for training neural networks.
Collaboration with Altrove, a company that uses Storj to accelerate AI search for new materials, confirms the network’s relevance in knowledge-intensive industries.
A partnership with Axle AI helped ensure instant access to media libraries, which is critical for modern TV channels and streaming services.
In 2026 the project Storj Amazon S3 has prioritized sustainability, reducing its carbon footprint by 83% compared to traditional data centers while maintaining existing equipment. This is undoubtedly attractive and will continue to attract large organizations.
The current token price is $0,115, and the project’s market capitalization has approached $48,1 million.
Coinmarketcap data
Powerledger (POWR): Energy Tokenization on Solana
An Australian startup that promised in 2017 to make trading electricity as easy as buying shares is continuing its work. ICO brought the team about $34 million, and in January 2018, the price of POWR reached $1,89.
The project has made a major technological transition by migrating from its own blockchain to the mainnet. Solana in 2025. This made it possible to settle energy transactions instantly.
In April 2026, the growth of active wallets reached 1,73%, and new projects were launched in Europe under the motto “The energy you generate yourself cannot be sanctioned.”
For Powerledger (POWR), 2026 marks a period of ultimate technological transformation. What once began as an ambitious P2P startup in Australia has now officially cemented its status as a global sector leader. DePIN (decentralized physical infrastructure networks).
In early 2026, Powerledger launched TraceX, a fully-fledged digital marketplace for trading renewable energy certificates and carbon credits. This simplified ESG compliance for corporations. The platform automates the process of tracking energy generation (RECs) and issuing certificates, eliminating double counting.
With the REC market expected to grow at a CAGR of 15,9% through 2033, TraceX could become a major driver of utility demand for token POWR. The project’s coverage has already expanded to India and some EU countries, increasing the number of Active Grid Projects from approximately 30 in 2024 to 120 in 2026.
At the time of writing the article token POWR was trading at $0,07, giving us a market cap of $36,6 million.
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From a long-term investment perspective, none of the projects have turned a profit, but all of them continue to operate and their crypto tokens have potential for future growth.
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