zenbase (zenbase)

zenbase

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Jan 8-11: Chaotic Fundraising The Initial Coin Offering (ICO) was oversubscribed, raising **$11.5 million**, far above its $2.5 million goal. Last-minute rule changes created confusion and caused significant losses for some traders on prediction markets. · Jan 19: Crash and Aftermath The $TROVE token launched and collapsed by **~95% within hours**. The team stated it would keep **$9.4 million of the raised funds** to continue building on Solana, offering only partial refunds and leaving investors with massive losses.

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