The value of even good projects has fallen by 80 percent. Maybe they're overrated.
That's why most of these ICO's fail, because most of these ICO's today are created just to raise money.
Topic: 46% of last year's ICOs have failed already - page 6. (Read 3872 times)
Failed project is not peculiar to cryptocurrency nor to the ICO, project with great execution will succeed AMD project with poor outlook and plan will fail. These are the fact of life and we should be able to deal with these as an investors!
There is a huge drop of icos price the main reason is etherum price has droped to an all-time low below 300 dollars and the smart contracted developed up Eth are now at the lowest price
I think this data is not very reliable. Last year, I also invested in several ico projects, which have brought me very rich profits. Now there are many icos that have fraud. We must be careful and not blind. investment
Yes you are right! The statistics are unflattering, but still it does not mean that the ico market is declining. Since ico is not controlled, then of course many scammers found the opportunity to cheat. For us, this is a challenge and we must adapt and learn how to identify fraudsters. This is also affected by the drop in prices for crypto currency, as many projects simply can not collect the right amount of money to run their product. But in general, the ico market provides an excellent opportunity to realize their projects and ideas and earn money.
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 type of failure rate is normal.
"According to an article in FastCompany, "Why Most Venture Backed Companies Fail," 75 percent of venture-backed startups fail. This statistic is based on a Harvard Business School study by Shikhar Ghosh."
https://www.entrepreneur.com/article/288769
Most of the things in that article apply to ICO's as well. I had a friend and he got super excited about stocks a while back, and he found this stock he truly beleived in, it was food dehydration company. They had a great site, and claimed that they will revolutionize the way food is dried and preserved. Things were doing great and he was up ten grand, and I told him to withdraw because one morning he'll wake up and it will cost nothing. He was laughing at me, and was super exuberant about it. A few month later he called me and said he woke up in the morning and it was all gone, company failed. Someone pumped and dumped it.
The value of even good projects has fallen by 80 percent. Maybe they're overrated.
That's why most of these ICO's fail, because most of these ICO's today are created just to raise money.
That's why most of these ICO's fail, because most of these ICO's today are created just to raise money.
developer see ICO as a way to raise fund, ultimately render the ICO useless.
many fund is exiting BTC also part of the reason. most of the coin price is tether to BTC. Nonetheless the damage has been done. we can only wait for the next wave come.
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.
I just wish they stopped launching unnecessary products. This market is already confusing for newcomers and we want more people to join eventually and develop new investment opportunities. It's hard to swim among garbage.
this may be because the market has fallen in recent months, making it possible for us to speculate like that. but we just wait and we see what really happened with ico. and if you want to join ico, do research and analyze.
This figure includes very large and caused me to be careful in choosing the ICO project. Many new ICO project currently popping up and making the competition getting tougher. And you have to do the analysis before applying to a project to avoid the ICO fails.
That was a high rate. I think this year might witness more, because we have more ICOs come up this year and i have read about several of them that failed. That notwithstanding, we still have good number of them that succeeded and are doing well.
For me its not 46%. Its almost 80% of ico this year is failed. They even follow they roadmap and if they follow it took a month delay.
Growth too fast and too hot projects ICO, as the management and operating inefficiency of the Team. This, inevitably leads to failure. When projects ICO raised too much money, using them is one important issue and do what when that capital
many ico do not live long and quickly end their existence . therefore, we need to be careful when choosing an ico
It's impossible. I think the best resolution is we should research ICOs deeply. We have responsibility for our money.
Yes. Almost ICO failed because people don't really believe in ICO like before, a lot of projects are scam project, many people lost their money at that projects.
i certainly the number is way too higher than just %46. I saw hundreds of scam ICO projects. I'm pretty sure they are proven scam already.
Hence, a good and reliable the project was created. Well, probably, there are not so many scammers in this area yet. The point is at the first stage is very costly.
That was a high rate. I think this year might witness more, because we have more ICOs come up this year and i have read about several of them that failed. That notwithstanding, we still have good number of them that succeeded and are doing well.
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