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Topic: 46% of last year's ICOs have failed already - page 19. (Read 3883 times)

jr. member
Activity: 672
Merit: 1
Moderator
You are absolutely correct that most of the ICOs are failed. Because from last few times maximum ICOs just thinking about to collect more & more money because they don't have strong backup team, don't have community support and also they don't have good concept to developed their project. And these maximum ICOs copy the already running concepts. And simultaneously big markets downfall and bad news about to ban the crypto currencies is also the main cause of scam ICOs.
But there are some good ICOs are still available in market for investment and they will also gave good return in long term.
So choose wisely before to investing in any ICO.
newbie
Activity: 94
Merit: 0
The number of failed ICO projects is even greater than this, and as many as 90% of false ICO projects in the market this year, which is why people are now afraid to invest in ICO!
member
Activity: 308
Merit: 10
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

I believe that those ico's who failed does not have the best developers who are working on their platform because still there are serious ico's who are requiring kyc before getting an investor and that is one of the point where people are still believing on ico's.
member
Activity: 307
Merit: 10
As in any other business, only one attempt out of ten is successful. The strongest wins.

Yes, that's why I think it isn't so much. Sometimes project may fail for various reasons. Not every one of these unsuccessful is scam. 54% of successful ICOs are pretty good. I think that traditional start ups are not better in such statistics.
sr. member
Activity: 503
Merit: 250
These are the words of the founder of Binance: "Most ICO's are on new start-up projects running with great chance of failure, just like traditional launches. This is not new. Most ICO investors know this"

So we should not be surprised by such statistics in my opinion.
STT
legendary
Activity: 4088
Merit: 1452
Well, there are some bad tendencies for ICOs for sure. I regularly encounter projects, which collected only 20-50% of the planned sum. However, that's still a decent amount of money.
Sometimes raising less money is actually going to help future value.  So long as the company has the funds to continue development and the actual original business idea is valid then success is possible a long time even years after.
I think the term for startups used would be cash burn rate.   It was familar language when Dot Com era of tech boom was most active and many ideas sprung up but never managed to get off the ground because they lacked the basic market revenue and profit income to continue as an operation with staff for development.

It does also depend on the background market, ETH itself has fallen alongside BTC withdrawing from its peak.   Again I think this is a normal event, a predictable wave in the ocean which every startup must traverse in order to reach its destination.

Some ICO will sink, they were not sea worthy and some are unlucky on timing of the weather in the market overall but that is a normal risk.   High growth has this dynamic I think, I tried to pick my holdings well on the basis of these factors
newbie
Activity: 266
Merit: 0
I completely agree with you, I am also concerned about this stuuation. Now it is more and more difficult to find good projects with a big future. But to me it seems, this is still an achievable situation
newbie
Activity: 196
Merit: 0
definitely yes most of them are scam project they just gather money after we don't hear them again i have some of the failed ico token which dont have value
full member
Activity: 574
Merit: 100
This is no surprise to me. I expect more ICO's to die in next few months.
When you check their website and whitepaper you can get an idea. Most of them are bunch of rubbish. I still don't understand why people invest without research.

Absolutely agree. But this heap of garbage must be discerned. However, not all have the proper experience in investing, and for this reason, some projects still attract a significant amount of money.
Many of the ICO's dead were doomed from the very beginning. I really hope that you will be lucky and there will be no wrong investments.
member
Activity: 470
Merit: 16
I don't think it's a big problem now, people invest in everything they see from one side. From another side, in comparison with the traditional world with crowdfunding, I think difference not so big.
newbie
Activity: 69
Merit: 0
As in any other business, only one attempt out of ten is successful. The strongest wins.
newbie
Activity: 97
Merit: 0
Well, there are some bad tendencies for ICOs for sure. I regularly encounter projects, which collected only 20-50% of the planned sum. However, that's still a decent amount of money.
That is why it's wise for people to join projects that are within the range of their soft cap. They have a higher chance of getting paid that way.
full member
Activity: 448
Merit: 102
APOLLOX Protocol
Well, there are some bad tendencies for ICOs for sure. I regularly encounter projects, which collected only 20-50% of the planned sum. However, that's still a decent amount of money.
full member
Activity: 336
Merit: 100
Let the market grow more and wait for it and then you can do your investment.

It seems to me when you invest in an ICO, it does not matter very much if the market is strong, or weak. As for this 46 %, I thought this percentage was much higher. I supposed that over 60% failed.
full member
Activity: 456
Merit: 100
Even we don't see the numbers we all can tell certainly what's really happening. Many icos failed and some are just scam so it's hard to easily sway by their platform. And seeing this numerous fraudulent act I prefer now to just invest in coins that already have high liquidity and established platform.
hero member
Activity: 910
Merit: 500
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

This is true in which i have loss some of my capital from these ICO too. This is maybe because the market will trully depending on Bitcoin performance in which many Altcoins are affected too after the ultimate dip of Bitcoin price. Now i have observed that many ICO are doubtful to launch there ICO because of current Bitcoin performance which is currently in difficult.
yeah. it is not a good news for us, but still if there are many ICO's failed I am sure that there are some ICO's that until now are doing good.also, there are new ICO.the bitcoin is the main coin so the alternative coin is only based on the bitcoin price.so think carefully what you want to choose if it have a good performance or not
full member
Activity: 714
Merit: 100
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

This is true in which i have loss some of my capital from these ICO too. This is maybe because the market will trully depending on Bitcoin performance in which many Altcoins are affected too after the ultimate dip of Bitcoin price. Now i have observed that many ICO are doubtful to launch there ICO because of current Bitcoin performance which is currently in difficult.
newbie
Activity: 146
Merit: 0
It sad to hear that news, but this is the reason why this Business is risky. However, you can avoid such things if you will follow a good team and invest in something unique and has sense.
newbie
Activity: 168
Merit: 0
Well I am not surprised, Most times I will look at some project and shake my head, Some project don't have any value, No use case for blockchain, nothing at all, their team are nothing but hungry people who have failed in their various fields yet they want to do a blockchain project, some of them don't even have a name on the space. Well ICO game is changing as people learn more about the space, plus the regulations happening, soon any project that doesn't have any value won't even raised any money not to talk of reaching their soft cap.
newbie
Activity: 66
Merit: 0
It is not a very high percentage and it will grow again in no time.
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