Titanium Blockchain (TBIS) ICO (2018): Sale History, Figure & Outcome
Titanium Blockchain, an infrastructure services project with the token symbol BAR, conducted a token sale in 2018. The project claimed to offer blockchain-based business solutions during the peak of initial coin offering activity.
| Token | Titanium Blockchain (TBIS) (BAR) |
|---|---|
| Sale year | 2018 |
| Category | infrastructure services |
| Documented figure | $21,000,000 |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The sale raised USD 21 million between November 2017 and May 2018. Founder Michael Stollery later admitted to fabricating partnerships with major corporations including the Federal Reserve, PayPal, Verizon, Boeing and Disney to attract buyers. Stollery pleaded guilty to securities fraud after investigators discovered he had forged the project's whitepaper and fabricated testimonials.
Era context: ico mania (2017–2018)
The 2017-2018 period saw frenzied token sales where projects often raised millions within hours. This environment enabled numerous fraudulent schemes before widespread failures and legal actions caused a market reset. Titanium Blockchain became one of several high-profile cases where creators faced criminal charges for misrepresentation.
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
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.