iFan (Modern Tech) ICO (2018): Sale History & Outcome
iFan was a token project marketed as a celebrity social network token in 2018. It was linked to the Pincoin scheme by Singapore-based Modern Tech before the team vanished.
| Token | iFan (Modern Tech) (IFAN) |
|---|---|
| Sale year | 2018 |
| Category | celebrity social token/MLM |
| 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 operated alongside Pincoin as part of an alleged multi-level marketing scheme. Authorities later reported combined losses from both projects reached USD 660 million after the team disappeared, having paid earlier participants with iFan tokens. The record documents this as a fraudulent operation.
Era context: ico mania (2017–2018)
The 2017-2018 ICO period saw frenzied token sales with many projects raising funds rapidly. This era later became known for numerous collapses and legal actions that reshaped the cryptocurrency market 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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Sources
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.