Hdac (Hyundai BS&C) ICO (2017): Sale History, Figure & Outcome
Hdac, an IoT blockchain project by Hyundai BS&C, conducted a token sale in 2017. The project developed its own blockchain and issued DAC tokens.
| Token | Hdac (Hyundai BS&C) (DAC) |
|---|---|
| Sale year | 2017 |
| Category | IoT blockchain |
| Chain | own chain |
| Documented figure | $258,000,000 |
| Outcome | listed |
| Data tier | 2 — research-lane verified |
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What the record shows
The Swiss-administered sale raised USD 258 million, making it the largest token offering of 2017 according to the record. A notable aspect was the involvement of Dae-Sun Chung, grandson of Hyundai Group's founder, who led the effort which included a presale collecting 13,000 BTC. The record indicates the tokens were later listed.
Era context: ico mania (2017–2018)
The 2017-2018 period saw token sales reach unprecedented scale, with projects frequently selling out in hours. This era produced the largest sales in history before widespread project failures and legal scrutiny reshaped the market.
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://howmuch.net/articles/top-10-icos-2017
- https://www.koreatimes.co.kr/economy/20171219/hyundai-bsc-eyes-cryptocurrency
- https://medium.com/ico-alert/ico-alert-report-hyundai-dac-566b776f6224
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.