Topic: 80% of ICOs are Scams - page 8. (Read 12213 times)
I believe that 90% of all ICOs in the modern crypto market have only an idea. But in reality they no longer have anything. Including there is no team of developers, a ready product and real prospects for further development. Unfortunately, this is a real situation that needs to be taken into account.
I wouldnt say 80% all of ICO are a scam but i could there is a lot if fraud or scams Ico are going around and this is not good for everyone i hope someones will make an action through this but then again there is still legit ico is keeping their promise you just have to be careful on finding your investment choose wisely
Some of these finished ICO do not have a platform or a real project to speak of and if they do have one they are not gaining support, so it is wise and a good decision to only invest in ICO that has already a platform and supporters, because they have a good chance to succeed, not unlike those that are just planning to build one.
In many respects, you are right that ICO is a fraud. But it only talks about real fraudsters who deceive people. They are really focused on this, but there are other people who do good things and create real companies.
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 ...
i do not believe in such figures in my opinion less than eighty per cent are scams because there can not be so many of scamicos 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 ...
We need to read as much as possible and be able to choose economically viable projects. 
It’s true. There are many Ico which are not useful at all. The fake team just wanna earn quick money and they don’t even care the people who participated their Ico. The market doesn’t need scam projects but i’m not sure that we can find a solution for this. The only thing that we can do is, staying away from unreliable projects.
Yes, in what you're right. currently anyone will build a coin, get a great deal of advertising, build a noise and sell nothing, just air. the size of this is often extremely the best. i feel the thrill in itself can before long diminish. Since individuals square measure already commencing to invest additional cautiously.
I think this is really the case because so many people want quick money, collect it and disappear, and some just can't develop their project
The vast majority of projects that we see around have a very mediocre level of performance and organization. Not surprisingly, this leads to such a large number of scammers.
I would not say that 80% of ICO is a fraud this percentage is likely to be less, but troubled ICO is still a lot!
I agree that 80% is really very much, so I see that now the situation will change, because now many projects are beginning to work in the field of combating scam projects, which in the future can affect the positive style for the entire ICOMore than 80% are scam but I generally agree with the topic starter.
Yes, of course a lot of scams right now, plus this is still a bear market , I think 10 projects now shoots 1, few still raise funds even soft cap some projects can not collect
Maybe not 80% maybe more or less 80% because as of now if are not careful in joining bounty program as one of advertising program of one ICO project you will scam because there a lot of scam project.
I would not say that 80% of ICO is a fraud this percentage is likely to be less, but troubled ICO is still a lot!
I agree that 80% is really very much, so I see that now the situation will change, because now many projects are beginning to work in the field of combating scam projects, which in the future can affect the positive style for the entire ICO 
It can be said that at this time the thing is worrying about the many scam projects, this certainly makes investors worried about the development of crypto so they choose to wait rather than put money in the ICO.
ICO is indeed very risky to invest. But I do not believe that project fraud reaches 80%. And before we make an investment or follow a bounty campaign necessarily has to be checked. This checking is very useful because if not checked could be experiencing fraud. You can find a good project, can the ICO site rating. With a ranking of ICO, I think can help you.
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 ...
I think there are some ICO project that are legit and not scam, but because of the market situation now, project team are hard to explain to the angry investors about the dump of price. And then some investors threw bad accusations, bad words against the project. But the true and legit projects will remain true no matter what happen and have a big chance to succeed. If youre truly believer just hold it and control your emotions. Research deeply before invest to avoid scam ICO's. 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 ...
I do not understand why people risk and invest their money in such incomprehensible and questionable projects. In the market there are many projects with ready-made products, investing in them money you dont have any risk . For example KamaGames.
It's very unexpected but that's the truth, most ico scam they just want to earn money for free, it's very difficult to choose which one is right, for example from the many bounty projects that you follow only a few are successful, it applies also to investors.
I do not agree completely, many projects are successful in calling for capital, but when starting the project, they started to face many difficulties that led to the project failed.
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 ...
In many ICO projects, after the end of crowdfunding, investors did not earn the profits they had originally incurred, causing investor dissatisfaction. When most investors join forces to report this ICO project, it will lead to failure. 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 ...
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