I have been playing into some few ICO projects lately, and the reality is that I lost a lot of money due to the domination of the bear market and uncertainty of the projects going forward.
As the old saying goes, more than 90% of those projects are either scams, failed to reach soft cap, or not getting any traction in the next few months or so.
Maybe it’s because ICOs are not regulated and investors like me holds all of the risks.
Until now, there are still new ICOs emerging. However, there are also new ones such as STOs (security token offerings), IEOs (initial exchange offerings), and so on. It seems that both STOs and IEOs are already being considered the next big thing in raising crypto funds for starters.
With their ongoing emergence, are ICOs gonna be over soon? Are they gonna saturate and may phase out due to projects turning to STOs and IEOs?
I wanna know about your thoughts regarding this one, and I would greatly appreciate it whether if you agree or not with my opinion. Thank you in advance.
For now IEO and STO are more trending compared to ICO, but let me tell that they are all the same in one aspects dude, that is all of them are opportunity to everyone, though last 2018 I can't deny that most of the ICO was turned into scam, because most of them didn't meet softcap target . But as I can see with it these 3 can also be use by the scammer, not all IEO are good it will only be good if the exchange has good performance in the market.