Topic: 80% of ICOs are Scams - page 12. (Read 12249 times)
Hmmm it pains to really hear this but that's the bitter truth. The ICOs that are springing forth these days are scams and most of them don't have any useful case that they can really offer to the world. After the completion of ICO you see that the project becomes a stand still.
As for me, I've stopped participating in ICO's for 2 months now, and no regrets )) We don't need so many projects that are similar to each other. Additionally, there is no guarantee that the team will be able to fulfill its promises - take Fusion for example. It's better to buy some quality projects (that already have test net or mainnet) from exchanges. The bear market might be over any time soon...
I wouldn't say that 80 % of ICOs are scam, because some of them can list on exchanges according to roadmap and then fail, can't release product and i wouldn't call it as a scam, it is a failure.
Many projects offer ideas that in the future have no useful value. Perhaps it's just without promising projects that do not have a good future, but they are not fraudulent, they are just unprofitable and in the future will not bring profit to their investors.
I think that only 20% of scammers. When the market falls for 8 months already - people do not want to risk money, and do not invest in ico
as works with evaluation to shows of supports on signals as might to put of spares with sums of resource on possession investors to gains as less with extensive as gains on collection of returns with the running moderation as absence with the array of timelines with the investment project terms.
Yes. The quality management of the project and the enabling project creation on the ETH platform is too easy. Moreover, the team does not focus on the development of the project and only quickly collect money from investors. When the project did not fulfill the plan, investors lost faith in the project. On the other hand, many projects set out and only to scam investors
In December and January, all investments in crypto projects brought huge profits, investors did not think where to invest, and now everything is the other way around, everything has changed, but there are also excellent projects, for example NEX.
Indeed in the year 2018 this new ICO popping up an awful lot. and this of course makes a advances in crypto. However, it is because the number of investors is also limited, so not all successful ICO get investors. then no wonder if indeed many ICO finally scam.
There are a few kinds of trick ventures. First is when engineers take away gathered cash. Second is when financial specialist get token, however no place he can offer it. Third is when designers don't perform guide. May be can be different sorts of trick ventures. I think all such ICO involve 80% of aggregate sum
Before investing in the company, I advise you to check the information about the company on different sites and forums. This will reduce your chances of investing in the ICO scam.
Before investing in any ICO, I usually check the reviews on various ICO review sites. But the problem is that they are not 100% reliable. I would say that no matter how much precaution you take, there is always a very high chances of getting trapped in a fake ICO.
Yes. Some of these review sites are known to write biased reviews in exchange of a monetary payment. That's why I normally give extra weight to the most reliable review sites, such as icobench.com and icocrunch.io. Never depend on just one or two sites.
According to the research that I saw and read on some crypto related sites, there are 90% scam out of 100% of the total number of ICOs. The reason why the scam ICO's rounds up to 90% is because people who experienced that the ICO's have not give them profit as promised they will immediately call them scammers.
very right ... this is the biggest year of the scam ... where they are not responsible for what is done ... after they get investors they run away without thinking of the people who have supported the project ..
and this year was also a sad year for bounty hunters because almost all of them did not get paid, because the projects they participated in were fake projects, failed projects and also projects that did not have a market exchange
Most of the ICO's are scam when ever i register for a new project they just be fooling around they are here to create hype and to get famous they fool people around.
Yes indeed because a lot of people in cryptospace is very afraid now on initial coin offerings that is why a lot of projects do not succeed and it ended up to a scam project because they did not accumulate funds that can improve their project.
This is very alarming and if I am one of those investors that has a lot of money, I would prefer to stay away from ICO's if I am aware of the stat. Only 8% were successful and was able to trade on the exchange - it means that the return on investment rate is just 8% as well. That is just too risky and it feels like you are betting your money in a casino or a horse race.
Before investing in the company, I advise you to check the information about the company on different sites and forums. This will reduce your chances of investing in the ICO scam.
Before investing in any ICO, I usually check the reviews on various ICO review sites. But the problem is that they are not 100% reliable. I would say that no matter how much precaution you take, there is always a very high chances of getting trapped in a fake ICO.
I do not think that. Although at the present time, we see that ICO projects are growing more and more, these projects are turning to multi-level models, especially in developing countries. Cryptocurrency. But we can not deny that many ICO projects are well developed and that they give users a lot of benefits and can change their habits. of investors.
Before investing in the company, I advise you to check the information about the company on different sites and forums. This will reduce your chances of investing in the ICO scam.
Before investing in any ICO, I usually check the reviews on various ICO review sites. But the problem is that they are not 100% reliable. I would say that no matter how much precaution you take, there is always a very high chances of getting trapped in a fake ICO.
depending on which ICO we choose because the ICO we are working on does not always succeed in getting a good ICO the chances are very small.
Jump to: