WAX (OPSkins) ICO (2017): Sale History & Outcome
WAX, a project focused on virtual-item trading, conducted a token sale in November 2017. Built initially on Ethereum, it later transitioned to its own blockchain.
| Token | WAX (OPSkins) (WAX) |
|---|---|
| Sale year | 2017 |
| Category | virtual-item trading |
| Chain | Ethereum (later own chain) |
| Documented figure | not visible at the cited source |
| Outcome | listed |
| Data tier | 2 — research-lane verified |
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What the record shows
The record notes conflicting claims about the sale's proceeds, with the company stating it raised over USD 80 million while its president claimed over USD 150 million. Following the sale, participants filed a lawsuit alleging an unregistered securities offering, and a California judge ruled in favor of OPSkins. The project eventually became listed, though the record does not detail its later trajectory.
Era context: ico mania (2017–2018)
The WAX sale occurred during the ICO Mania era of 2017-2018, when token sales surged in popularity and scale. This period saw hundreds of projects raise funds rapidly, often selling out in minutes or hours, though it was followed by widespread collapses and enforcement actions that 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
- ZILLIQA (2017)
- ADAMANT (2018)
- AERGO (2018)
- ArcBlock (2018)
- AriseBank (2018)
- AscendEx Token (ASD) - formerly BTMX (2018)
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Sources
- https://cointelegraph.com/news/opskins-group-and-wax-summoned-to-california-court-over-2017-ico
- https://coingeek.com/california-judge-sides-with-opskins-in-wax-ico-lawsuit/
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.