Despite widespread speculation about ICOs becoming history, the fundraising model refuses to fade away—at least not entirely. Trove's recent campaign is living proof. The project smashed through its $2.5M USD funding goal in just 24 hours, eventually climbing to $3.28M USD in total raises. At a $20M USD valuation, Trove is betting big on an emerging vertical: perpetual futures for unconventional assets like collectibles and real-world assets (RWAs). It's a niche market, sure, but the potential upside is hard to ignore if adoption accelerates. Whether this signals a broader ICO comeback or remains an outlier remains to be seen, but one thing's clear—innovative funding mechanisms still have their champions.
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GasFeeGazer
· 1h ago
Is ICO dead? Laughable. Trove's 24-hour trading volume just broke 2.5M, completely proving wrong all those who were bearish.
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TokenAlchemist
· 01-09 10:59
lol trove hitting 3.28m in 24h is giving desperate liquidity chasing narrative again. RWA perps? nah mate, that's just tokenomics theater dressed up as innovation—seen this movie too many times. the real alpha is watching these inefficiency vectors collapse post-hype tbh
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StillBuyingTheDip
· 01-09 10:59
ICO isn't dead yet. Trove just proved what? That a good story can still be bloodsucked.
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GateUser-cff9c776
· 01-09 10:53
Is ICO dead? That's hilarious. Isn't it right here in front of us? Trove's 24-hour volume surpassing $2.5 million, it's truly Schrödinger's bear market.
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LeekCutter
· 01-09 10:41
ICO is still alive, this time Trove directly raised 3.28M USD, quite fast.
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SelfSovereignSteve
· 01-09 10:41
Trove's fundraising speed is truly unsustainable... The RWA perpetual futures track definitely has potential, but at a $20M valuation, it still depends on whether they can deliver results later on.
Despite widespread speculation about ICOs becoming history, the fundraising model refuses to fade away—at least not entirely. Trove's recent campaign is living proof. The project smashed through its $2.5M USD funding goal in just 24 hours, eventually climbing to $3.28M USD in total raises. At a $20M USD valuation, Trove is betting big on an emerging vertical: perpetual futures for unconventional assets like collectibles and real-world assets (RWAs). It's a niche market, sure, but the potential upside is hard to ignore if adoption accelerates. Whether this signals a broader ICO comeback or remains an outlier remains to be seen, but one thing's clear—innovative funding mechanisms still have their champions.