Topic: 80% of ICOs are Scams - page 29. (Read 12217 times)
a great many indeed that stated that most of the current ICO is a scam. I think maybe a lot, but it wasn't until as much as you think. Because a lot of it, to be honest the result of ICO are indeed many. So the more successful and also a lot of scam.
Truly, numerous ICOs are tricks, yet I truly don't surmise that the number rate is around 80%. I figure it might be fifty-fifty. In any case, if that is genuine in view of the genuine information, we should be more cautious. It is an ideal opportunity to pick the most confided in ICO to take an interest. I'm certain that there are as yet numerous great ICOs with a genuine item. along these lines, it is smarter to break down them painstakingly in view of the information and our examination of the data on their web, whitepaper, and network.
Very often, the ICO scammers . Therefore, it is necessary to monitor what is happening and not to put yourself in a bad situation.
One of the world's biggest square chain stage etheric tooth author Joseph Lubin has said that the vast majority of the ICO venture are lying, and said "these copycats, don't offer financial specialists to make genuine esteem"; Brad Garlinghouse, the organizer of the advanced cash, additionally trusts that ICO is presently in an administrative hazy area and that the legislature will before long acquaint strategies with manage the market.
Not all the ico's are scam, maybe there are but it was your job to look at the platform before investing in order to determine if it was a legitimate project or not.
One of the world's biggest square chain stage etheric tooth author Joseph Lubin has said that the vast majority of the ICO venture are lying, and said "these copycats, don't offer financial specialists to make genuine esteem"; Brad Garlinghouse, the organizer of the advanced cash, additionally trusts that ICO is presently in an administrative hazy area and that the legislature will before long acquaint strategies with manage the market.
Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272
I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
There are only few icos that are becoming successful. Most of the icos is not worth it in making investment. We should be careful if we are choosing wise icos for us to make profit. I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
Unfortunately, as I see now, so it is. But I believe with all my heart that this is a temporary phenomenon. So, as companies are now experiencing is not a simple time. And in order to work and earn money. We must wait. Patience is friends!
Now there are very few successful projects and therefore it seems to me now better not to risk and invest only in promising coins.
yes right, there are many ico who are scams but many ico are good and successful. You just have to be a smart voter, don't be a careless person.
I like that people began to understand this in fact
trust the ready projects, in 99% of cases the sale price is overestimated
trust the ready projects, in 99% of cases the sale price is overestimated
I think they are a lot of scam initial coin offerings arround on the market. But i dont think that the percentage is that high. So scam ico is for me an ico who collects money and then dissappears. ICOs who could not develop their project and fail are no scam, they just have failed and the money is gone. But at least they try it.
Well, there are a lot of coins that are posted by scammers on the announcement board. Doesn't mean you have to join each one of them. Some of them are so simple to detect you don't even need to know much. I feel that the new investors are the ones who unknowingly support these projects which have nothing to offer to crypto.
However sad it may sound, most ISOs remain very far from soft kap. Some do not even set it as a goal, but are engaged in fraud. But we do not stop doing this and look for the best in the crypto-currency market.
Look at how many ICO is run every day and how many of it collect at least a soft cap. I can say with certainty that the scam is now about 80%.
yes, there are a lot of scammers. some initially deceive people, some promise a lot, and then fail to pay. so this is the result of statistics.
Now there are a lot of scammers. Unfortunately, now it is very difficult to choose a good project. But I think that soon the market will go up and the situation will improve.
Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272
I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
What an interesting statistics, I never could think that such a big percent of ICOs are untrustworthy.I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
At the same time, I wonder how people make money with crypto when only 8 percent of the projects are not scans in the direct meaning of this word?
They are not right because people say that this is a fraud as soon as there is a certain delay but unfortunately the delays happen and half a year!
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It is so sad statistics, but other 20% can multiply and in general you will gain out of this story.
The main issue is to hold profitable coins, because I have disadvantage to sell coins too early
This statistic comes from the last year right? This year is not profitable for whole crypto. ICOs are having really bad times. Some of them collect enough money but a lot of them do not know what to do with money The main issue is to hold profitable coins, because I have disadvantage to sell coins too early
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It is so sad statistics, but other 20% can multiply and in general you will gain out of this story.
The main issue is to hold profitable coins, because I have disadvantage to sell coins too early
The main issue is to hold profitable coins, because I have disadvantage to sell coins too early
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