DavorCoin ICO (2018): Sale History & Outcome
DavorCoin was a cryptocurrency lending platform that launched in 2018. It offered a token-based lending program that promised high returns to participants.
| Token | DavorCoin (DAV) |
|---|---|
| Sale year | 2018 |
| Category | lending/ponzi |
| Documented figure | not visible at the cited source |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The project faced scrutiny when Texas authorities issued an emergency order against its lending program in February 2018. The platform claimed a loan of USD 30,000 could yield USD 107,217 within 120 days. DavorCoin's token value plummeted from approximately USD 160 to just a few dollars, and the platform ultimately shut down. The record documents the project as fraudulent.
Era context: ico mania (2017–2018)
The ICO Mania era (2017–2018) saw a surge in token sales, with many projects raising funds rapidly. However, this period also witnessed numerous collapses and enforcement actions, reshaping the cryptocurrency market. DavorCoin's rise and fall occurred amid this volatile backdrop.
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
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Sources
- https://www.coindesk.com/markets/2018/02/05/texas-hits-another-crypto-lending-platform-with-cease-and-desist/
- https://ssb.texas.gov/news-publications/administrative-action-report-jan-march-2018
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.