I cant agree with this statement, 60% of ICO are unpromising which have an idea but with a weak development, without any working product in result. And there are 20% of real scam projects organized by fraudsters.
Topic: 80% of ICOs are Scams - page 83. (Read 12240 times)
In this world there’s a lot of scammer that the only thing they want or called objective is to gain profits for their own goods even if fooling others in terms of business is absolutely prohibited.
Not 80% of ICO are scams. Maybe 20-30% are scams... There are spotting spots to find out that ICO is not a scam. In my research there are a lot of ICOs that are not scams.
Perhaps you are not so long ago in this market, you still do not know all the nuances. In fact, fraud is in many forms. Sometimes fraudulent projects are those who do not want to work after they have collected the necessary amount. Not 80% of ICO are scams. Maybe 20-30% are scams... There are spotting spots to find out that ICO is not a scam. In my research there are a lot of ICOs that are not scams.
It only seems. It exist clear scam and mutual (hidden) scam. Team raised all need funds and do nothing. On the milestones from roadmap they find one thousands reasons why not. And give new milestones. And it's a simple scenario. But I can give more
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.
So it is that 80 and even 90% of ICO are scam projects, which can be spent a lot of time studying them, but there will be no result.
Unfortunately, even a full analysis of the project will not give a guarantee that after the end of the ICO the team will fulfill its promises in the future. Many projects create an imitation of work.
Let's be clear, tokens offerings seldom are plain scams. I think that the sensible squeeze turns out to be oftentimes one lousy business idea.
Now there are a lot of scam projects, but not 80%. I think now more than 50% are not successful projects.
That is why ICOs are banned on platforms and advertisements of social networks. It's just a shame that even good and legitimate ICOs suffer from these scammers. They destroy a good platform for new enterprises. That is why I agree that the ICO is regulated, at least to restrict some scammers.
I kind of also doubt the authenticity of the research findings-(a lot of research are made-up stories) while there are definitely a lot of scam icos,but 81 percent is a lot too many.some of these ICOs were not meant to scams,they just couldn't meet their goals due to some situations,e.g Government policies.
You are viewing this from your own perspective, that's why you are concluding that most 80% of ICO are scam I disagree totally with that if you say that most ICO pay worthless token I can accept that though some ICO are scam but not 80%
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.
With the number of ICO at this time of course scam opportunities are very large, based on data tokenmarket.net currently live ICO reaches hundreds, in addition to prone to scam would be more difficult to achieve softcap especially hardcap.
I invest only in those projects that are on icodrops, in projects where a large HYIP, I do x2 and sell everything. This is the best tactic today.
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 ...
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.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 ...
It seems to me that in reality there is less than 10 percent of ICOs are successful.
As time goes by, the success rate will be lower.
As time goes by, the success rate will be lower.
I know about it but I am still surprised how many people find very tough and promising projects and make money on them. Joining any ICO, you risk but in case, when you win, the award is always cool.
I agree, now a lot of scam projects and it's very difficult to find a good and successful project.
I noticed this trend for a very long time, but now the situation has gotten worse, more projects are becoming fraud and users are losing their money. I'm waiting for a real control over the projects and the number of false projects will decrease
There are so many fraudulent ICOs, we can not quantify them, but in fact it can be general and predicted that over 80% are fraudulent, now many people are no longer believing in ICOs because they Have lost too much money, maybe they will choose to invest in the altcoin has been traded, so will be less risky. 
I would go a bit further and say that more than 90% of ICOs either exit scam or end up failing. I cant understand why people would even invest in ICOs anymore after all this research and data is coming out constantly. I guess greed can take over ones decision making ability and seeing whats legit and whats scam.
Jump to: