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Topic: Altcoins Unsuccessful - page 2. (Read 472 times)

newbie
Activity: 197
Merit: 0
March 18, 2018, 02:16:11 AM
#35
Once the ICO didn't met the soft-cap they will eventually end this since they won't have a fund to continue on the project. Some really burn their coins then return the money to investors. Some continue but this is bad because the coin will no longer have a value. In worst cases, if you encounter a scam they will just run with the money.
full member
Activity: 176
Merit: 100
March 18, 2018, 02:09:11 AM
#34
What happens to the tokens/coins once an ICO company decides not to continue?
There is a good conscience ICO that return money to investors, but many simply become useless and you lose everything.
member
Activity: 686
Merit: 13
March 18, 2018, 02:05:59 AM
#33
It depends on the working team who is behind any ICO, if they are genuine and they not meet their target then they give full refund to their investors.
member
Activity: 490
Merit: 11
March 17, 2018, 10:47:16 AM
#32
Today, many projects are unsuccessful, because they just lost very much in price. I think that the situation will soon change, I very much hope this, because many people are waiting for this event.
member
Activity: 840
Merit: 40
March 17, 2018, 10:43:29 AM
#31
If the ICO company is genuine then they burn all their coins and give full refund to their investors but if developer is not good then he live the coin in limbo  and then coin will have no value in future.
member
Activity: 294
Merit: 14
March 17, 2018, 10:39:25 AM
#30
Given that the project is unsuccessful, they have no choice but to burn their tokens. Or sometimes, they keep it and make theit ICO better in time. They develop it more and they come back at a later time to try once more.
member
Activity: 336
Merit: 11
March 17, 2018, 10:32:09 AM
#29
What happens to the tokens/coins once an ICO company decides not to continue?

if the project was unsuccesfull the token willbe burned and all contribution will be refunded, there's many case like this that ICO didn't reach softcap and the team decide to stop the project, but there some who still continue and want to start over with a developed product.
newbie
Activity: 64
Merit: 0
March 17, 2018, 10:13:07 AM
#28
What happens to the tokens/coins once an ICO company decides not to continue?

You don't know ? When ICO failed to collect enough funds, they usually refund back the ETH you used for the tokens you bought.
Therefore, the investors still guaranteed. but the worst thing is, the ICO reaching softcap, but it doesn't go well in the future.
You won't get any profit from undevelop ICO.
newbie
Activity: 266
Merit: 0
March 17, 2018, 10:10:17 AM
#27
If you mean after ICO they sre burned or frozen. If on the halfway they would probably give you money back with the deduction of fee in case there is not a scam
newbie
Activity: 210
Merit: 0
March 17, 2018, 09:41:27 AM
#26
What happens to the tokens/coins once an ICO company decides not to continue?
mostly if ICO project is not gaining what they aim to be , a legit ICO company are usually opted to return the money of the investors , fees are also deducted by some company but it happen due an agreement. ICO's usually burn their unsuccessful token to maintain the number of coins in the market.
newbie
Activity: 76
Merit: 0
March 17, 2018, 09:09:30 AM
#25
it seems that today is the right thing to buy more altcoin.
member
Activity: 322
Merit: 20
March 17, 2018, 08:57:09 AM
#24
What happens to the tokens/coins once an ICO company decides not to continue?

The go to the heaven of the tokens, where many new blockchains offer them a place in their blocks where the can be happily hodl by token-angels and no investor goes to claim in court.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
March 16, 2018, 02:57:49 PM
#23
They will be delisted from exchanges and the investors and holders will face losses, that is why it is very important to invest only in quality projects, due diligence is very important before you put your money in any project.
newbie
Activity: 150
Merit: 0
March 16, 2018, 02:54:58 PM
#22
The ones I know and seen; all they did was to refund the people's money those that invested in the ICO. Although, some of them have been so bad taking people's money away to never talk about them or refunding their money. Hence, the most common thing people do is to refund people's investment.
full member
Activity: 302
Merit: 100
Presale is live!
March 16, 2018, 02:21:49 PM
#21
If the source code is open source than mostly some new dev might fork it and continue the project or the old devs might hand over the repo keys to the new devs. But if the ICO creators exit scam, than you are out of luck and can expect the price to hit the floor soon.
newbie
Activity: 40
Merit: 0
March 16, 2018, 02:18:49 PM
#20
Thank you all for your inputs, it's all clear now Smiley Cheers! Wink
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
March 12, 2018, 06:32:43 PM
#19
What happens to the tokens/coins once an ICO company decides not to continue?

Well, Sometimes the company just burn the token, for those who buy in the ICO, if the company is really legit, They are sending back the money of the people who invested in them. There are also cases that the token stays but of course they token will became shitcoin because they don't have any value.

Exactly, so better to make a lot of study before you join any ICO because not all ICO succeed.
If you're lucky enough your money will be back but the worst thing is, it became scam and a useless one.
legendary
Activity: 2674
Merit: 2334
March 12, 2018, 06:31:02 PM
#18
Now some teams just add 2-4 weeks to the ICO campaigns in order to gather a soft cap or hard cap. Some new bounty managers are leading the campaigns not very wisely with strange politics and rules, therefore the projects might not to get even a soft cap, although its technology or economics is good and lucrative. In the most of cases the tokens are not being burnt.
full member
Activity: 630
Merit: 100
March 12, 2018, 06:11:42 PM
#17
You have to read the rules, because it says they will return the money to investors, but in many cases they will deduct an admin fee so you will get less back than you invested. This isn't a bad thing, the team could pack up and go taking your coins with them pulling an exit scam! That is why a sold out pre-sale means it is likely to go ahead, and coins are cheaper at the beginning.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 12, 2018, 06:08:05 PM
#16
What happens to the tokens/coins once an ICO company decides not to continue?

I think they will try to give back your investment on that not sure if you invest in something definitely make sure and made research about that and take a good decision before investing it is the right move to make profits.
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