Topic: 46% of last year's ICOs have failed already - page 11. (Read 3872 times)
The most tasking phase of any business or project is the starting point. There are so many offline businesses that couldn't strive. ICO's are only a few of the project that couldn't withstand the pressure of starting up. In most cases it could be as a result of the negligence of the team or corrupt intension to run away with investors wealth.
As a matter of fact, the 54% success rate is pretty good. Obviously, more of them may fail, but overall I would say that it is a good chance to enter ICO, which may be profitable both in the short term and in the long run.
Such statistics are indeed true, but not quite. Many projects that are considered closed, in fact, they are not, it's probably only because they are working on their product for a very long time and do not talk about it.
There are too many ICOs created to scam the community. So I think 46% is a very low number. As far as I see in the past year. For every 10 ICOs there are 7 ICOs scam. Or the ICO does not call for capital success because its ideas really do not help the community. Only good ICOs are really successful at the moment
Real companies with strong strengths, they will not be short of money, so they will not engage in ICO. On the contrary, most of the projects you see now are based on lack of money to engage in ICO, so the quality of the project is difficult to get protection.
I have to say that BTC was crazy last year. There are many projects and failure is normal. This is to prepare for good projects in the future. We should choose projects that actually do technology.
Yeah, that statistic is making me sad. But this means only one - we (investors) need to be more careful with our own investments than we were before.
ICO's have failed because people lost trust in them. They are lot of scams in 2018. The whole year was bad for the ICO's. They are too many new ones launching every day, and they don't even have an ANN, or the website. They are too obvious to be a scam. But some people still invest in them and they just disappear after 3, 4 weeks from btc talk and thread, managers do not answer on the telegram, or btc talk treads. I stopped investing also in the ICO for that reason. Too many scams...
This is an astonishing statistic, but it's also a cruel fact.
Because the blockchain is still in development, these projects will be difficult to succeed.
Failure of these projects, has nothing to do with blockchain development. Those projects must have been started by scam people and they might have run away with those raised money from ICOs. But failure of one project might be due to various reasons. But when they are playing with public money they must be much careful on choosing projects. I mean to say most of the people might have failed only due to their own mistake and not due to project's progress.Because the blockchain is still in development, these projects will be difficult to succeed.
I'm not surprised. now too many scammers who try to make a profit on us, without giving anything in return.
https://news.bitcoin.com/46-last-years-icos-failed-already/
- 46% of them are effectively dead already – despite raising over $104 million.
- 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed
That is the problem of the cryptocurrency world, there are many projects didn't go well or ended up failure due to getting poor support from its community. We should be more cautious on which projects/ICO/coins/tokens will be investing, at least do some research to its background whether it can maintain its platform or not.
This is even good. Firstly, every second project wasnt a failure. In the second, the community got rid of unnecessary products, which, frankly speaking, dont do any good for the development of blockchain, and serve only to enrich those who develop such a project. And those projects that didnt fail, in the future will still fall in price, because they willnt carry a semantic load.
If there is nothing to be done, this trend will continue. Even worse. If no one and nothing prevents to raise funds and throw the project, the majority will use it. It is better to create the next project and collect money again than to develop some one. They have already learned to do it, they are able to do it. They will only continue. There must be a lot to change!
It is true the News. I am also quite concerned with such conditions. This is because the longer the future of the ICO, the more unquestionable. I see things that are not good will can occur if such conditions continued to be left.
I think in the near future will adopt the conditions and laws for the passage of ICO to raise funds. Because all these failures are due to availability. People come with one idea, but I do not know how and what to Finance and distribute funds and so on.
It is true the News. I am also quite concerned with such conditions. This is because the longer the future of the ICO, the more unquestionable. I see things that are not good will can occur if such conditions continued to be left.
I have heard that the number is arround 70-80%. Do you think that it is real? And what about ICOs which were liste don ICOBench? There are some experts giving reviews, so I think that this number here could be very low!
by now i think the percentage might have grown to 75%
Think positive.. That means 54% has been successful too. That's the achievement. man.
Yes, the statistics are disappointing. Unfortunately, now many projects face failures due to the lack of a competent development strategy and a fairly strong development team.
https://news.bitcoin.com/46-last-years-icos-failed-already/
Interesting stats., and also very disturbing, seem to be higher than the average failure rates of all start-ups in general.The bear market or poor products are likely to have caused it - 46% of them are effectively dead already – despite raising over $104 million.
- 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed
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