Topic: 80% of ICOs are Scams - page 38. (Read 12240 times)

I agree with you but...most ICO projects are just hype, which is why countries are adopting laws to restrict ICO. Many good ICO onn the way with nice project : scidex (new ICO).

It's quite unfortunate to see the records that majority of ICO's don't intend delivering the project as promised. One needs to be very careful before making any financial commitment on any ICO because majority of them are only interested in raising funds with vague promises.

What 80% ICO scam

Are you sure about it.
Yeahh, i know many ICO is scam and that make an investor is strart doubt to crypto.
But, 80% is too big for me i think 50% is right.
Because some ICO is success.

Yes and I think people are just creating all this project to steal people bitcoin and ethereum and other coins and tokens because there's no body that's regulating ico

So it is, no one controls the ICO, and there is no punishment. The ICO must undergo radical changes, and then the credibility of them must be restored

Yes a lot of the project coming out now are scam and I think more than 95% don't offer anything new and I believe as tmes goes on this will change

Yes I agree with you many of this project don't add anything to the already existing body of knowledge of blockchain technology.

Yes, 80% of ICOs are fraudsters. I am confident that I am not familiar with this types of businesses. But I will not stop the connection. There is also a fortunate 20% chance for good ICO. Who knows the scamming percentage go down soon? I hope, It will done in nearby future. Thanks

If we count unsuccessful ICO that couldn't reach their softcap there are really will be at least 90% of SCAM, But I think we cant count those projects like scam, they dont want to deceive investors and in the majority return investments

This is a huge problem because it's hard to choose a real project. Even very promising can turn out to be a scam, but if you study the project in which you are going to participate in detail, you can make good money, I think that it is necessary to allocate a lot of time for the analysis of the project.

I agree with the opinion of many that today it is difficult to find a real ICO and not fraudulent. Investors have ceased to believe in the success of even reliable ICO because of the frequent deception.

Agreed. Today, it is risky to invest directly in the development of the project. It is better to work with functional projects that have entered the stock exchange and are quietly traded.

It is important to be careful when analyzing the projects. When people made 10x they could just neglect analysis and still make some profit but today it is not that easy anymore.

Unfortunately, there are a lot of scams and junk around, but definitely also quality ones! The upside potential in good high quality projects is much greater than in the established ones. Upside multiples can be a totally different game. You just need to do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!

I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff But don’t forget your own research!

Perhaps in the future the situation will change, but now I prefer to invest in reliable coins such as BTC and ETH.

It is a great shame that most of ICOs are the scam. People spend their money that they were earning for a long time, and they lose everything. Unfortunately, it is very difficult to understand if the project is something good.

Terrible statistics and it is really correct. Now the market is experiencing great problems with the trust of users and investors, now people have achieved that they simply can not do anything about it.

instead of a scam, maybe the ICO failed to reach the expected target, so the bounty was not paid.

yups, the stats are not surprising. ppl need to be more discerning. some projects have no use case for blockchain. blockchain is a powerful tech, but it needs to be utilised/co-opted into platform designs in effective and innovative ways for it to work in the real world.

Hello there. friend. I think the ICO of the cryptocurrency. More horrible than you think. I think this scam exceeds 80%. He may be higher. Some are on the platform. But the coins on the platform became waste.