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Topic: 80% of ICOs are Scams - page 91. (Read 12218 times)

newbie
Activity: 163
Merit: 0
June 01, 2018, 02:49:38 AM
maybe they don't want to scam at first. They don't reach their target and boom, scammers!
newbie
Activity: 14
Merit: 0
June 01, 2018, 02:47:48 AM
I agree with you that there are ICOs that are scams. but not all of them. i do suggest researching first before investing. right now i got my eyes on DCC. https://medium.com/@dcc.finance2018/dcc-presale-completed-bc4713fa2bd7 if you're interested try checking them out, visit their website at http://dcc.finance/ or follow them on Twitter at https://twitter.com/DccOfficial2018
newbie
Activity: 47
Merit: 0
June 01, 2018, 01:35:54 AM
Agree, lots of them are scams, doing airdrops everyday, and only 30% is getting in to my mew
full member
Activity: 644
Merit: 100
May 31, 2018, 02:21:56 PM
Well, I would not say that the mosheniki, but there is where really inflate prices,so to speak Pampyat coins,and of course time to merge, it is a whole science and art,to track the growth and the entry of volumes, so that time to merge and sell at the peak, while others on the Hai will buy,so you need to carefully monitor all this market
newbie
Activity: 138
Merit: 0
May 31, 2018, 02:18:47 PM
Now really a lot of scam projects.  And I advise you to be careful not to lose your money.
sr. member
Activity: 770
Merit: 250
May 31, 2018, 03:19:47 AM
Personally, I agree with the author of this post. Indeed, about 80 percent of all ICO projects are fraud. There are some projects that simply do not survive after entering the stock exchange. The situation is not very good.
member
Activity: 159
Merit: 10
🤖UBEX.COM 🤖
May 31, 2018, 02:33:36 AM
I think it is not a scam .. but the failure of ico project developer. so they do not pay or maybe with sales below ico sale price .. if the project is successful they will pay and launching it will be in accordance with their program .. we try to just search cautiously ico project that is about to be successful.not necessarily in choosing project developer
newbie
Activity: 58
Merit: 0
May 31, 2018, 02:29:59 AM
Developing a product is hard and takes a long time... selling and marketing it takes even longer... most of the ICO founders cannot go through this because they already have the funds and dont need to return them.
jr. member
Activity: 146
Merit: 1
May 31, 2018, 02:26:15 AM
I agree that 80% ICO is a fraud. In fact, they just had a team that couldn't deliver. Always conduct a team survey before investing in any ICO. That's why people are more cautious about ICO now.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
May 31, 2018, 02:24:23 AM
I acknowledge to you that 80% of ICO projects have failed and that these projects are designed to capture investors' money directly or indirectly. Projects can earn vast amounts of capital, but developers do not make promises to investors and gradually take away all the money from investors.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
May 31, 2018, 02:21:58 AM
Too big a figure. If there was such a percentage of scams, I think such concepts as bounty and airdrops would disappear from the ICO. The fact that the ICO could not implement the idea, there were not enough resources and the like is not considered spam. The Scam is when the project just disappears and anything about it and never heard.
But in fact, the scam ICOs are new to the market, so to prevent them, we should carefully examine before deciding to invest in them, according to me the necessary elements to Evaluating a potential ICO is a white paper, community, road map, and coin clear pricing, and ultimately a management team review.
full member
Activity: 504
Merit: 100
May 31, 2018, 02:19:02 AM
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 ...

If you do your reaearch well and get to know the company behind the ICO, we wouldn't have this kind of thread here. 80% is a big number of scammers out there and we should adapt to these numbers by properly doing our background check of the people behind the ICOs we're currently following.
newbie
Activity: 130
Merit: 0
May 31, 2018, 02:16:14 AM
Absolutely, it is fact that most of the ICOs are scams and It is very hard to find out the original projects of cryptocurrency and scammer found good way to earn money and leave.
member
Activity: 95
Merit: 13
May 31, 2018, 01:43:09 AM
Yes most of the ICOs are scam or never hit exchanges.You should research about the team and their previous projects.
Invest only that you can afford to lose.
hero member
Activity: 2814
Merit: 576
May 31, 2018, 01:36:40 AM
In fact, I want to agree with the author of this topic. Indeed, about 80% of the projects are fake, but in order not to fall into this situation, it is necessary to clearly analyze the project before investing in it.
Our future on ICO investing is solely depending on us, if we will be responsible, we can always invest in a good project.
There are a lot of successful ICOs and I have seen people who are successful also in putting their money in a certain ICO, so it's not impossible to succeed.
full member
Activity: 252
Merit: 100
May 30, 2018, 04:29:53 PM
In fact, I want to agree with the author of this topic. Indeed, about 80% of the projects are fake, but in order not to fall into this situation, it is necessary to clearly analyze the project before investing in it.
newbie
Activity: 196
Merit: 0
May 30, 2018, 04:23:05 PM
I am a believer but to the point that I do not agree the findings that 80% of the ICOs are scams , not really that figure no one shows as the statistics , I do not say that there is no scams but there is a few we can not prevent that , but not to many ICO scam i believe in that.
newbie
Activity: 154
Merit: 0
May 30, 2018, 04:15:48 PM
Yes, now there really is a lot of scam projects.  But much less than 80%.  I think about 30%.  Not more.
member
Activity: 378
Merit: 10
May 30, 2018, 03:13:25 PM
That's not so. there are a lot of projects that really monitor their work, they just have too little Finance for this, unfortunately
sr. member
Activity: 522
Merit: 257
XETHER - BET ON HONESTY !!!
May 30, 2018, 10:07:42 AM
There are some types of scam projects. First is when developers take away collected money. Second is when investor receive token, but nowhere he can sell it. Third is when developers do not perform roadmap. May be can be other types of scam projects. I think all such ICO occupy 80% of total amount
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