Topic: 46% of last year's ICOs have failed already - page 12. (Read 3872 times)
This is not even surprising and we should expect more of them to fail, cos a lot of these coins were not originally created to stand or survive the market, but to satisfy the selfish needs of their creators. A lot of them are scam coins, and the bad thing about them is that they are are dragging some pretty good coins alongside with them. There are good coins too that have fallen down the drain, because of the scam coins that are making a bad name for new ICOs and causing people to be scared to invest in them.
The rate isn't that high, since there are such huge numbers of beginner extends out of these 902 crowdsales. Everybody can begin an ICO these days and there are numerous stages on which you can begin your own particular ICOs.
This is about the opposition in each venture to give a decent improvement advance to the financial specialists. Not every one of them were having the expert group. Yet, some have it.
There will be more ico will bomb later on, most of the fizzled venture which has been made by inadequacy individual.
this pattern will proceed. Individuals think about cash and cash.
There will be more ico will bomb later on, most of the fizzled venture which has been made by inadequacy individual.
this pattern will proceed. Individuals think about cash and cash.
Yes, the statistics are correct. Unfortunately, in modern realities, many ICO projects face failures in their work. In many respects because of poorly prepared strategy of work.
Most projects can not really operate because they do not have the potential to develop, but only to make some interesting marketing methods.
Well, on the market thousands of projects, of course most of them do not breathe the audience or simply can not cope with the burden of their responsibility.
https://news.bitcoin.com/46-last-years-icos-failed-already/
Bad statistics and probably every new ICO will be worse and worse because there is no place for such amount of altcoins/ICOs. - 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
These coins are failing because a lot of them didn't have prospects and were only but scams. More of these ICOs are still going to fail because they are shitty and are wack projects. However, some of these coins would have been really nice projects, just that the scam-y coins are making a bad path for them and their managers are probably not doing enough to make them survive the market.
indeed this condition is very unfortunate, because very many good ideas from the various projects that failed ico, naturally they failed because of conditions of crypto market is very bad, so that investors become not interested in ico program
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
Yes, super risky ICO nowadays. But we can't help this but go with the flow. There are more serious ICO that brings not just hype but real solution. All you need to do is dig up your research and find that G-E-M out of rough stone.
That is it. And I am sure we're going to record high failure this year. There are other numerous projects that will turn out to be scam as some programmers now see cryptocurrency development as a means of scamming people to their own selfish advantage.
As the number of ICOs is rising, the percentage of failed ICOs is also increasing. Specially right now when the market is bearish and investors are not easily putting money in ICOs because of so many scam and failed ICOs. But overall it will market better filtering out failed projects. And people who wants to launch scammy projects will think twice before doing so.
I have 4 coins bought on different ICOs last year. For each was spent 1 Ethereum, totaling 4 Eth. Now they all four together cost almost 1 Ether. But others were quite successful, even after I sold some, they continued to grow.
Not all the time, that a certain business would be successfully operated, we learn and accepts the facts that sometimes, there are some failures on a certain business. And that is a nature of a business, failure and success, it depends of the management system on how the way they manage their business to become successful. Failure of business maybe comes on a wrong management system.
If you can get a huge profit without any risk that would be great of course.
But that is not possible, so what you can do instead is minimizing risks by doing your own research.
I earned quite a lot of profit from investing in ICO called SRCOIN and they were successful as ICO.
Not many ICOs are successful but it is very rewarding if you do invest in successful ICO.
Knowing that few members of SRCOIN were hired in another ICO called MediBit, I have invested in MediBit as well.
Having team members especially those with experiences of successful ICO is a big selling point for me.
Take a look at their Bitcoin Talk page: https://bitcointalksearch.org/topic/--3219242 website: https://www.medibitusa.com/ and Telegram group: https://t.me/MediBit_EN
Oh also, they just announced major news that they are now working together with Korean exchanges to launch the ICO.
And it is confirmed that they will be listed and available for trade as soon as ICO ends.
But that is not possible, so what you can do instead is minimizing risks by doing your own research.
I earned quite a lot of profit from investing in ICO called SRCOIN and they were successful as ICO.
Not many ICOs are successful but it is very rewarding if you do invest in successful ICO.
Knowing that few members of SRCOIN were hired in another ICO called MediBit, I have invested in MediBit as well.
Having team members especially those with experiences of successful ICO is a big selling point for me.
Take a look at their Bitcoin Talk page: https://bitcointalksearch.org/topic/--3219242 website: https://www.medibitusa.com/ and Telegram group: https://t.me/MediBit_EN
Oh also, they just announced major news that they are now working together with Korean exchanges to launch the ICO.
And it is confirmed that they will be listed and available for trade as soon as ICO ends.
I would agree with this as many icos have died since last year. This stats are valid as it states that 60% of businesses do not survive and more over, cryptocurrency is very volatile. If developers abandon projects, its going to affect the projects and would warrant it to fail. So many things make projects to fail. That's why, one has to be careful when choosing projects
I certainly understand how many scams there are among ICO projects, but I did not know how many ICO projects simply fail. This is a very sad statistic, as this is what happened last year, and this year it is even worse.
This statistic is so sad, but it is true and ico market is very risky, so you have to consider risks prior to make an investment.
Don't only think about profit, but also about risks!
Don't only think about profit, but also about risks!
That's why the market needs regulation, which everyone is so afraid of. There will be some inconvenience. there may be taxes, but people will be insured from the fact that their money will simply disappear together with the team that collected them. Roll Eyes
Most ICOs are just project that are put to test. Some are just around to make thrir profits and after that, they efface. That is more reason we need to do our research before participating in any ICO. Some might not just be due to scam, but lack of professional ethics on the side of the team.
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