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Topic: 80% of ICOs are Scams - page 32. (Read 12249 times)

full member
Activity: 406
Merit: 100
August 14, 2018, 02:16:35 PM
100% of the result will not be exact and there are no guarantees. But it's possible to increase the "hits" in the correct ICO well, if you study the project.
member
Activity: 168
Merit: 10
August 14, 2018, 02:13:47 PM
Well, I would not say that. After all, the problem of ICO is temporary. Yes, there are many scammers out there now. As well as failing companies. But still, 25% were very promising! And this should not be forgotten.
full member
Activity: 798
Merit: 101
August 14, 2018, 02:12:12 PM
may be no all of them are scam, but vast majority are falling below ICO price , what is more, besides scam accusation, team can be wrong with product release. I mean even with positive intention project can be a total failure and it is not a scam
full member
Activity: 448
Merit: 102
APOLLOX Protocol
August 14, 2018, 02:11:10 PM
I doubt that these statistics are perfectly accurate but the very fact is close to truth. Successful and trustful ICO is a rare thing today...
member
Activity: 244
Merit: 10
Official Street Team member
August 14, 2018, 02:08:08 PM
You are correct. But, we can avoid the scam ICO if we do enough analysis actually.
The most common problem with the scam is easy process of creating erc20 token actually. People don't have to spend much money and start their own ICO. Raise some money and become fraud.
full member
Activity: 406
Merit: 108
August 14, 2018, 02:02:52 PM
The main reason why most ICOs fail (in my opinion) is not because they are scams, primarily, but because their projects are merely DApps but they slap an ICO on it for exorbitant funding.
sr. member
Activity: 392
Merit: 252
August 14, 2018, 01:45:21 PM
Many ICO platforms do not have a soft cap. The bad time for the ICO sector is now. The market is very low and there is a positive weather in the crypto market. It is true that 80% of ICO projects are scam. Do not invest without reading white paper.
full member
Activity: 518
Merit: 100
August 14, 2018, 03:58:21 AM
Bounty managers should be aware about this scams!
But many managers do not suspect that projects are scams and they are victims of scammers. The main thing is to see it in time and warn bounty hunters in order not to lose confidence.
full member
Activity: 378
Merit: 100
August 14, 2018, 03:53:50 AM
No doubt some of the ICOs are scamers they come in market advertised sell token collect money than no idea where are they but its not all its minority so we have to check first company profile whitepaper their team their project and ratings in crypto market than have to decide what to do
newbie
Activity: 34
Merit: 0
August 14, 2018, 03:50:21 AM
So how to spot a bad ICO? Is not look at the development team? How to know the ICO is lack of transparency?  Huh
newbie
Activity: 112
Merit: 0
August 14, 2018, 03:48:40 AM
you're right.
80% is a scam so we should be careful about investing. Please read the white paper carefully and join the telegram to find out about the project.
You should also be able to check out this site. https://coinmarketcap.com/
to figure out the value of each token and for you to know when you are investing.
newbie
Activity: 49
Merit: 0
August 14, 2018, 03:30:32 AM
People should be careful, do not just invest directly, we should do our own research because blindly investing will most likely get your scammed.
full member
Activity: 518
Merit: 100
August 13, 2018, 03:36:32 PM
Yes, indeed. In my opinion it is even more such projects. Scam of projects became very much now. Many projects want to receive money from investors and to disappear. It is very sad situation. Therefore it is necessary to learn to choose good projects!
member
Activity: 336
Merit: 14
August 13, 2018, 03:32:50 PM
The Skams project undermines the credibility of really good projects. Sometimes investors make mistakes in their investments, and then respond negatively to everyone.
newbie
Activity: 147
Merit: 0
August 13, 2018, 12:01:56 PM
Now there are very few good ICOs.  Now is not the best time for the ICO and I hope that next year the situation will be better.
newbie
Activity: 196
Merit: 0
August 13, 2018, 11:49:23 AM
More than that, there are now many prestigious projects and great investment potential. You need to have a detailed look at each project and make the right decision
member
Activity: 126
Merit: 10
August 13, 2018, 09:23:16 AM
I figure we ought to dependably confide in our own particular guts since this will be the main thing that can help us through this. On the off chance that we feel that it's unrealistic and devs aren't sufficiently certain to answer each speculator question. By and by, on the off chance that I felt and see something shady then I'll avoid it as right on time as possible. Thus far all I icos that I felt that way are absolutely a trick one.
newbie
Activity: 57
Merit: 0
August 12, 2018, 05:13:01 PM
I stopped investing in ICO because I'm afraid of losing money.  I'd rather buy coins on the market then.
legendary
Activity: 1197
Merit: 1001
August 12, 2018, 04:51:17 PM
Yes, this is a very sad statistics, but it is real. I think that the ICOs industry has become very poor. I believe that positive changes will soon take place.

We all agree that changes are needed. May be some regulations, may be some requirements for creating ICO.
I don't think that so many are scam. Most of them are just not successful.
newbie
Activity: 150
Merit: 0
August 12, 2018, 04:48:04 PM
In my opinion, the scam of projects is less than 80%, but all the same it is worthwhile to be cautious and not to invest all the money.
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