Pages:
Author

Topic: 5 Things to know about ICOs before you invest in them - page 3. (Read 414 times)

full member
Activity: 952
Merit: 110
No matter how hard i look at it, investing in ICO is now a gambling call and moreover who still invests in them? last time i checked almost all ICO investors moved to IEO already, they are both risky but IEO is safer if from top exchanges
sr. member
Activity: 1638
Merit: 255
Maybe now the ico project is being avoided by some investors because its image has been damaged by a fake ico, so that the current ico project is not developing even near extinction. But now there is ieo as a substitute for ico, so investors re-warm the crypto industry. Ieo is more attractive to investors because they are already on the trading market. But I think there is actually still a good ico, it's just that it's hard for us to distinguish between good and fake, that's all the problem.
hero member
Activity: 1372
Merit: 503
Correct. There are lots of good ICOs but they are outnumbered by illegal and scam projects. Im not saying ICO is worse but based on the fact and the community experiences I could not vouched for some good ICOs. Only those pioneered ICO coins like eth, neo are worth ICOs which we can see great perspective until now. But for the new start up, better think of investing if you dont want to end up zero value at all.

Problems with ICO is probably the trust of potential investors thats why the investors more likely to shift on IEO which is much safer than this crowdfunding type.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
I agree with people who said ICO is similar with gambling and mostly they all fail. Before I join ICO project I see their goal isn't realistic or not and how the built communication with members. I try see ICO from other perspective and I might be wrong. Always careful with your fund and good luck to you.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
It was popular in the past year but currently it was lacking trust level due to more scam and useless new crypto projects so anyone who want to find the better project need to extensive knowledge about the project research and don't get fooled by their marketing strategies and discount offers.
Many of us have been fooled by ICO's and it should be the reason why we have to apply our knowledge on researching to identify which is a worthy investment to avoid facing the same situation. Despite of seeing scams we should never judge the power of ICO's because most of them are still profitable and we can't underrate it. In order to find the best ICO then you should learn from your experience and apply it, that lesson will guide you and help you. Some of us usually believe on their words but trust me it is their way to fool you so make sure before you trust because investing will always be risky.
full member
Activity: 1498
Merit: 146
It was popular in the past year but currently it was lacking trust level due to more scam and useless new crypto projects so anyone who want to find the better project need to extensive knowledge about the project research and don't get fooled by their marketing strategies and discount offers.
full member
Activity: 1820
Merit: 107
The very potentials of ICO as a fundraising tool was already achieve. But due to fraudulent activities by some greedy people the trust in ICO's was slowly fading away, and giving the room to the new fundraising method called IEO.  In my case i was already scam three times in ICO. that resulting of losing my hard earned money. that's why these time i'm very careful in terms of choosing a project to invest.
sr. member
Activity: 1526
Merit: 420
Scams created bad impressions about ICO'S, But i believe that once the ecosystem is regulated the ecosystem will boost its morale again. We really feel bad if most investors fall to different crypto scams because it can slow adoption and people will begin to distance from this industry.
copper member
Activity: 143
Merit: 0
investing in ico just like a gambling and that very similar when you are playing with casinos. As long as the investors can deal with all of the risk in ico and that's their decision whether they wanna to invest their money in ico or not.
And if you are saying so many negativities about icos and why you are promoting your pieta network. is there something different that makes your ico better than what you have been writing?
it looks so funny to see that you are blaming ico while at the same time you are promoting your ico. 
Another promotion thread?  Roll Eyes

ICO itself is not a bad thing. The point of this article is that ICOs have now become more like just a source for fake companies/people to generate income in the name of a new project that will never hit the floors. But, there are good ICOs also out there. So, basically, what we are trying to say is if you invest in ICO, make sure to identify and invest in good ones. Pieta is a good ICO, which you would know if you had read the project whitepaper.
hero member
Activity: 1540
Merit: 507
investing in ico just like a gambling and that very similar when you are playing with casinos. As long as the investors can deal with all of the risk in ico and that's their decision whether they wanna to invest their money in ico or not.
And if you are saying so many negativities about icos and why you are promoting your pieta network. is there something different that makes your ico better than what you have been writing?
it looks so funny to see that you are blaming ico while at the same time you are promoting your ico. 
Another promotion thread?  Roll Eyes
copper member
Activity: 143
Merit: 0
Initial Coin Offerings (ICOs) acquired high popularity during 2017 and 2018. While multiple ICOs collectively raised nearly $7 billion in 2017 alone, the total funds raised by ICOs in 2018 was double of that amount.

In short, what we are trying to say is that ICOs are now quite popular among investors as a promising and high-profit investment tool.

But there is still a big red flag of trust that makes potential investors worried about ICOs. Since ICOs and cryptocurrencies are still unregulated or unaccepted by many governments, relying on them as an investment option is not something every investor is comfortable with.

Are you also planning to invest in the ICOs this year? Here are the five things you should know before investing in an Initial Coin Offering.

1. ICOs are not Exclusive

First thing you must know about ICOs is that they are not exclusive to any particular company, team, investor group or audience. Anyone and everyone can use the ICO method for raising funds for their new company, project or product. The only prerequisite to conducting an ICO sale is that you must have a team who knows how to create and launch a token.

2. Tokens have different types

Token is the general term used for referring the cryptocurrencies launched and sold by companies during an ICO sale. If you are thinking of investing in an ICO, you must be aware of the different types of tokens and their significance. Utility tokens are the most common types of currencies used by ICOs, as they give access to a particular utility in the company/project. Other types of token include security tokens, asset-backed tokens, native tokens, etc.

3. ICOs are prone to fraud/spam

While ICOs are backed by blockchain project, it doesn’t necessarily guarantee that the particular ICO will be safe and free of any kind of spam. In fact, a large number of the total token sales being held today are a fraud. The good thing is that there exist red flags which you can consider to identify a bad ICO. These include lack of publicity, an unprofessional website, team not disclosed, poor quality whitepaper, etc.

4. ICOs are still struggling with regulation

Like I said before, not every country and government is positive when it comes to investing in the ICOs. So, you should consider that as well before you plan to invest in one.

5. There are good ICOs out there


From my own personal experience in the industry, what I’ve realized is that there are also many good ICOs who are actually trying to do something genuine, finding a solution to a real problem and creating profits for the investors. However, finding them out of the jumble of bad ICOs is something that requires patience and a lot of research.

Pieta is one such ICO. Pieta is a cryptocurrency based on ERC20 standard of Ethereum. The Pieta coin is the native coin of the Pieta ecosystem, which is a mining platform being developed to be powered by solar energy. You can find out more about Pieta at https://pieta.network


Pages:
Jump to: