Confido ICO (2017): Sale History, Figure & Outcome
Confido was a 2017 Ethereum project claiming to offer escrow services via smart contracts. Its token CFD raised USD 375,000 during the peak of ICO activity that year.
| Token | Confido (CFD) |
|---|---|
| Sale year | 2017 |
| Category | escrow / smart contracts (exit scam) |
| Chain | Ethereum |
| Documented figure | $375,000 |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The project collapsed days after its token sale when the team disappeared, taking down its website and social media accounts. Investigations later revealed the founders had used fake identities and credentials. The CFD token lost approximately 98% of its value following the incident, marking one of the earliest exit scams in the ICO boom.
Era context: ico mania (2017–2018)
The 2017-2018 ICO Mania saw hundreds of projects raise funds rapidly, with many setting new records for capital raised. This period also witnessed numerous high-profile failures and legal interventions that ultimately reshaped the cryptocurrency fundraising landscape.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- Corion Platform (2017)
- Cosmos (2017)
- CyberMiles (2017)
- Decentraland (2017)
- DeepBrain Chain (2017)
- district0x (2017)
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Sources
- https://www.cnbc.com/2017/11/21/confido-ico-exit-scam-founders-run-away-with-375k.html
- https://thenextweb.com/news/cryptocurrency-exit-scam-confido
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.