Topic: 80% of ICOs are Scams - page 80. (Read 12240 times)
This is probably very much, I think that statistics show fewer scams of projects, as a result today we still have a very small number of normal projects, and if they are, then in the end very many projects can not raise money for the project.
I don't think 80% of ICOs are created as scams, some of them just couldn't deliver. You just shouldn’t invest in anything until you researched it from all possible angles.
I think 95% of the ico is fraud, which is to defraud the investor's money, and then increase the encryption price, and investors buy more expensive encryption to lose money.
There are a lot of scammy icos but it does not mean that all of them are just purely scam, because it is not true. I have already inveested on a lot of them and none of them scammed me already.
I wouldn't say that most ICOs are scam, but rather will never lead to anywhere, like most businesses. The space is too crowded. Most are not worth it, but necessarily a scam.
Now really a lot of scam projects. But there are also good, successful projects in which it is worth investing.
Yeah for sure majority of icos are scam, but if u are going to invest big amount of money to icos and if u dont make enough research about icos and if u invest to scam icos its your fault not fault of scam icos. People are investing to icos without searching just they hear or read 2 sentences for icos and they invest.
True words here. Bad news is that scams is not the only problem for the many ICO, some projects just will disappear because will be unable to offer competitive product.
I totally agree with you on this that more than 80% ICOs are scam most of them just make their ICO with the intention to scam and take the money away.
I regret to admit that this is a reality. Most of all existing projects are currently managed by scammers. I agree with the author of this topic.
Many ICO projects are scams, which causes troubles for some really good ideas. Scam ICO are making a mess of the cryptocurrency market and get people confused.
You're right and we share completely the same views on that. Most ICOs are even with the aims of defrauding their investors that would blindly or greedily invest in their project.
The developers of the project or the people who offered this idea just want to take your money and give you useless tokens of this ico project 
90% of ICO's have only idea, without a team and good WP and only promises that they will be able to translate their idea into reality after collecting $ xx million. This does not mean that they are scammers, but it shows their attitude to their own project.
Obviously, the success of ICOs in 2017 have attracted all the subhuman filth from around the world to this type of investment type. Every day, I am hearing reports about ICOs getting marked as scam. The latest one is Uchit.
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 alot of ICO scams out there, they are possible to sort out generally though.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 ...
A couple ICOs that haven't launched yet but will in due time, that are worth checking out are Muirfield IP and Fr8 Network.
Fr8 Network's goal is to remove intermediaries from supply chains and bring revenue back to distributors and carriers.
Muirfield is a private equity fund on the blockchain.
There are many factors you should check before investing. You need to check everything you can find on the team and the project. Little to no information on the team definitely means ICO is a scam. If projects look like twins, it's almost definitely a scam. If they promise the Moon, it's a scam.
For sure most of icos are scam but if u invest to scam icos its not their fault its your fault, if u search enough if spend your time for icos very easily u can understadn which is scam and which is not.
I think so. We can be cheaten by others if we are not careful enough. We need to make enough research while we do the the investment. The more careful we are, the better we will be. Just do the right thing.
You're making up something. There are not so many fraudulent projects.
Personally, my opinion is that scammers among ICO are not more than 30%.
Personally, my opinion is that scammers among ICO are not more than 30%.
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