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Topic: Death of ICOs - page 9. (Read 1774 times)

full member
Activity: 1190
Merit: 100
January 05, 2020, 03:38:46 AM
#55
Investors have realized that most ICO and IEO projects follow the principle of pumping and pouring. The development team is only trying to advertise to attract investors, most of the projects do not bring anything.
If you take two tokens from two different projects and compare them, you can hardly find their differences. In addition, the absence of any legal regulations for ICOs also makes fraud thrive.
In my opinion, such a decline in the popularity of ICO projects was caused primarily by the lack of regulation of this type of activity by the states and the current state of the cryptocurrency market, in which altcoins have been in decline for two years now. If states organizationally began to regulate ICO projects, the percentage of fraud in them would drop sharply and this would restore confidence in them. At the current stage, the situation with ICO projects can be saved only by their state regulation.

That is what is expected "regulation" If the ICO is regulated by each country, surely it will greatly affect the ICO market. And most likely the ICO market will return. But unfortunately, none of that has ever been done until now. So that ICO is a bad market for investment.
full member
Activity: 938
Merit: 137
January 05, 2020, 03:21:30 AM
#54
Investors have realized that most ICO and IEO projects follow the principle of pumping and pouring. The development team is only trying to advertise to attract investors, most of the projects do not bring anything.
If you take two tokens from two different projects and compare them, you can hardly find their differences. In addition, the absence of any legal regulations for ICOs also makes fraud thrive.
In my opinion, such a decline in the popularity of ICO projects was caused primarily by the lack of regulation of this type of activity by the states and the current state of the cryptocurrency market, in which altcoins have been in decline for two years now. If states organizationally began to regulate ICO projects, the percentage of fraud in them would drop sharply and this would restore confidence in them. At the current stage, the situation with ICO projects can be saved only by their state regulation.
sr. member
Activity: 939
Merit: 256
January 05, 2020, 02:35:42 AM
#53
Investors have realized that most ICO and IEO projects follow the principle of pumping and pouring. The development team is only trying to advertise to attract investors, most of the projects do not bring anything.
If you take two tokens from two different projects and compare them, you can hardly find their differences. In addition, the absence of any legal regulations for ICOs also makes fraud thrive.
copper member
Activity: 798
Merit: 3
January 05, 2020, 02:32:29 AM
#52
This is really true that the ICO has gone vanished in response to the market behaviour and the fraud prevailing in the ICO. But, in place of this the new has come that is IEO and the STO which are quite regulated but not running as like in the 2017. This because of may be the boredom situation of the current market situation. So, you can't say that the pooling of the money concept from the public totally disappear.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
January 05, 2020, 02:28:32 AM
#51
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

The big factors are the scammers creating projects to lure investors to invest, look on the scam section and you will see there are over thousands of scam projects that are posted there with so many issues like copying other platform faking their team members and admins running away with investors fund, it's not the bear market only but the scammers who ruin this crowdfunding.
It ruins the reputation of ICO's and most of them are just trying to take advantage of us to get the benefits they wanted, particularly on newbies because they don't have enough understanding regarding on finding a worthy project for them. Scam projects are the reason why investors are in doubt because they can't assure themselves that their funds will not be wasted for nothing, we can't change the fact that some projects are made to deceive some investors. It's also the reason why you can't blame some investor for thinking that investing in some project these days are not worth it and beneficial because some of them had experienced losing money. Therefore we have to be cautious before investing, we need to make sure that it's legit so we will not end up falling into scammers tricks because even the whitepaper can't be the basis for trusting and believing a project.
hero member
Activity: 1249
Merit: 506
January 05, 2020, 02:27:33 AM
#50
The biggest reason for the death of an ICO is that it's so easy to create a token or a coin, so the development team only tries to advertise and then sells the token and leaves. Some tokens may be listed on the trade but it will quickly depreciate and die, which reduces investor confidence.
sr. member
Activity: 1344
Merit: 270
January 05, 2020, 12:05:30 AM
#49
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market
ICO losing popularity after launching IEO project with bigger exchange market like Binance, for ICOs still not guarantee their coin will listed on bigger exchange market because developer always break their promise after  ICO ended and listing delay with long time, how ever many investor move investment from ICO to IEO because keep faster listing than ICO investment project.
sr. member
Activity: 938
Merit: 251
January 04, 2020, 11:15:57 PM
#48
still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

How is it possible that you have forgotten both magic words? Oh I know you must be wondering what I'm talking about, right? Here are the two magic words that make people stop investing money in these ICOs:

1 - FAKE TEAM

2 - Plagiarized Whitepaper

You can look at the number of scam cases: Scam Accusations



It is really that simple, many are looking for all kind of explanations about why something like this is happening but if the market of icos was not populated in its majority by scammers then they will receive more funding, no one is in this market trying to lose money and icos have been a waste of money for years, it has become so bad that to be honest I do not even give them the benefit of the doubt, to me all icos are scams until they can prove they are not.
Many ICO project use fake team, fake whitepaper and try for scamming many investor with their coin and most effect for other trusted ICO less investor because they are really serious about their ICO project, but most problem why many ICOs failed I think bitcoin always have lower price and most platform payment for ICO like ethereum and litecoin keep with lower price and needed higher amount for developer listing coin on exchange market.
hero member
Activity: 1092
Merit: 501
January 04, 2020, 11:10:45 PM
#47
still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

How is it possible that you have forgotten both magic words? Oh I know you must be wondering what I'm talking about, right? Here are the two magic words that make people stop investing money in these ICOs:

1 - FAKE TEAM

2 - Plagiarized Whitepaper

You can look at the number of scam cases: Scam Accusations



It is really that simple, many are looking for all kind of explanations about why something like this is happening but if the market of icos was not populated in its majority by scammers then they will receive more funding, no one is in this market trying to lose money and icos have been a waste of money for years, it has become so bad that to be honest I do not even give them the benefit of the doubt, to me all icos are scams until they can prove they are not.
sr. member
Activity: 1022
Merit: 252
January 04, 2020, 11:02:44 PM
#46
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

4. The greedy investors.
Investors right now are just having fun with quick profits and left the project behind while the project is in still developing phase, that's why so many projects collaps and looks like become a scam because investors are selling their tokens with cheap price (as long as they already got the profits) and move to another project to do the same.
sr. member
Activity: 914
Merit: 250
Making Smart Money Work
January 04, 2020, 10:52:53 PM
#45
basically investors don't benefit from their investments, so don't be surprised if icos die slowly. how is it that ico will continue to live if the essence of it never gets anything commensurate, that's the real problem in my opinion
I agree with you, because when ICO tokens/coins enter exchangers the price will dump. Because investors also want to get profits from their investments, and maybe because of its many ICO scams, ICO is also slowly dying.
member
Activity: 210
Merit: 10
January 04, 2020, 09:22:21 PM
#44
ICO lose populairy because there are private sales for people with money and connections
so many coins going to launch that way in 2020 and dump on retail investors...
sr. member
Activity: 1876
Merit: 318
January 04, 2020, 09:10:39 PM
#43
It's an awful ICO project in 2019, because so many projects that fail and scam. So indeed ICO is currently in critical condition. But in my opinion
it can't be said that ICO is dead, because there are still several ICO projects that have proven to be good.This happened because the bear market
is prolonged, making investors afraid to invest. So in 2020 it is likely to be different, because the signs of a bullish market are becoming more
visible. Hopefully it's true that bullish market will soon occur in 2020. So it can make all cryptocurrency prices rise and will have an impact on
the development of ICO can also rise.
legendary
Activity: 3346
Merit: 1214
January 04, 2020, 08:53:22 PM
#42
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

The big factors are the scammers creating projects to lure investors to invest, look on the scam section and you will see there are over thousands of scam projects that are posted there with so many issues like copying other platform faking their team members and admins running away with investors fund, it's not the bear market only but the scammers who ruin this crowdfunding.
hero member
Activity: 1470
Merit: 509
January 04, 2020, 07:22:35 PM
#41
It stopped being secured crowdfunding, scammers are now ruling the ICO industry, they are all after money and not the development of Cryptocurrency, the bear market is also a big factor so many of ICO did not reach their even their softcap, because investors are now more on investing on coins that are on the market, they want to recover their losses in ICO.
In this market, a nonprofitable investment type like ICOs can not survive for a long time. ICOs were a choice for the majority to make more profits in the past, but in the present case a choice to lose more. Even so, these results are normal. In addition, the increase in scammers is another repellent reason. Now, when we investigate the project, the first thing we consider about is whether it is scam. Under these circumstances, old projects are definitely the better choice.
sr. member
Activity: 573
Merit: 250
January 04, 2020, 07:03:42 PM
#40
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market
I think all are because of bear market. Selected coin for funds rise is Bitcoin and Ethereum, those price was  almost 20K and 1.35K USD now ten times down so liquidity also down. Extra token sell for another crash. Giant amount of token selling of course dump the price. IMO plans is good 90 percent token lock
hero member
Activity: 1554
Merit: 503
January 04, 2020, 06:53:05 PM
#39

There are already tons of alt-coins out there and most of them are dying.
That's exactly the reason mainly lies in the overabundance of projects that have interesting ideas but do not yet have a product as such.Many investors simply joined the purchase of already released promising altcoins.This is less risky than investing your money in an ICO.
I myself prefer to buy coins that have been registered in the market rather than invest in the ico project because the current ico project rarely makes a profit but instead loses because I have to wait a long time to enter the market yet the price does not match their sales
hero member
Activity: 2926
Merit: 567
January 04, 2020, 06:35:24 PM
#38
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market

It stopped being secured crowdfunding, scammers are now ruling the ICO industry, they are all after money and not the development of Cryptocurrency, the bear market is also a big factor so many of ICO did not reach their even their softcap, because investors are now more on investing on coins that are on the market, they want to recover their losses in ICO.
full member
Activity: 562
Merit: 100
January 04, 2020, 06:21:02 PM
#37

There are already tons of alt-coins out there and most of them are dying.
That's exactly the reason mainly lies in the overabundance of projects that have interesting ideas but do not yet have a product as such.Many investors simply joined the purchase of already released promising altcoins.This is less risky than investing your money in an ICO.
hero member
Activity: 1484
Merit: 535
January 04, 2020, 06:01:33 PM
#36
ICOs are not seeing any success with fundraising because of the previous numerous scams that have engulfed this space. Also, investors got to realize that most of the ICOs that are being launched into this space have no good use case and real world benefit other than just a bunch of ideas which are not feasible.
Another thing that is off a great concern is the greed of the team members. I have seen projects whereby team members abscond with the funds of their investors.
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