Giza ICO (2018): Sale History, Figure & Outcome
Giza was a 2018 token sale for a purported hardware wallet project. The project raised funds through an initial coin offering during the peak of ICO activity.
| Token | Giza (GIZA) |
|---|---|
| Sale year | 2018 |
| Category | hardware wallet |
| Documented figure | $2,400,000 |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The record shows Giza collected 2,100 ETH, equivalent to USD 2.4 million, from approximately 1,000 participants. Investigations revealed the project's claimed COO was untraceable, and its manufacturer withdrew before funds disappeared, leading to fraud allegations. The outcome was marked as fraudulent with no further development documented.
Era context: ico mania (2017–2018)
The ICO Mania period saw rapid fundraising with minimal oversight, where projects often raised millions quickly. This era ended with widespread project failures and legal scrutiny, reshaping the token sale 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
- GoChain (2018)
- Hedera Hashgraph (2018)
- Holo (2018)
- Huobi (2018)
- IAGON (2018)
- iFan (Modern Tech) (2018)
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Sources
- https://www.cnbc.com/2018/03/09/cryptocurrency-scammers-of-giza-make-off-with-2-million-after-ico.html
- https://siliconangle.com/2018/03/12/hardware-wallet-startup-giza-disappears-2-4m-latest-initial-coin-offering-scam/
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.