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Topic: Did you think ICO is necessary? - page 4. (Read 709 times)

full member
Activity: 319
Merit: 100
September 27, 2018, 12:45:57 AM
#75
Yes it is necessary to promote the good outcome of the project, its been practice before and until now, if its lack of support from the crowd it means their something wrong with the project so the team will enhance it or they will stop it.
legendary
Activity: 2282
Merit: 2196
Signature space for rent
September 27, 2018, 12:31:43 AM
#74
Do you also believe in ICO?

Scam ICO isn't not necessary. Obviously ICO is the one of famous way to raise fund and build a community. A potential ICO keep important role in crypto industry. For example ETH was introduced by ICO. But currently we can't see much potential project of ICO. Most of are scammer. In my opinion 90% project became scam. How people's will trust on ICO. I think there should be something new instead of ICO for security of investor. Like project could use escrow, if any project use escrow for raise fund I believe people's will encourage again for invest on ICO. However a potential ICO keeping role to expand crypto world. So I believe there is still necessary for potential ICO's.
copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
September 27, 2018, 12:29:32 AM
#73
ICOs are needed in crypto no matter what and how many scam people we will still have better and good project to solve daily issue of human and how to influence the use of blockchain ,
Investors are the one to know how to go about choosing the kind of ICO they get in to avoid being scam , and if not sure how save they are on it then it will be a good ideal to invest little that won't hurt them when it turn other way round but definitely we need more ICOs to challenge the existing ones because competition make market more free and easy to adopt and in crypro we preach decentralized .
full member
Activity: 912
Merit: 100
September 27, 2018, 12:20:42 AM
#72
ICO is very useful for those who already have a good working product, which needs to be improved, because progress does not stand still. And the launch of ICO helps developers realize their dream.
As for me, without ICO it would be difficult to collect the same $20 million for the product.
full member
Activity: 770
Merit: 101
September 27, 2018, 12:16:46 AM
#71
Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins  find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without  ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?
ICO is always needed for me and I believe in it. The projects have helped me to have a better life than ever. But now there are a lot of fraudulent projects and we need to equip skills to avoid it. Do you have any good skills? please introduce me. thanks
sr. member
Activity: 756
Merit: 250
September 27, 2018, 12:04:06 AM
#70
ICO still be quite a lot of interest. in terms of marketing a project then it is quite important and almost all there is going to be successful with the ICO. Indeed for some time, it is doubtful enough because ICO scam that the more scattered inside. Yet it still will remain the ICO produces and this should be taken opportunities result.
sr. member
Activity: 700
Merit: 250
September 26, 2018, 11:50:35 PM
#69
Of course, ICOs are very important in the development of the Crypto-currency. Regardless of the fact that now there are a lot of frauds among these projects, that now it is very difficult for them to raise funds due to the fall of the crypto-currency market, this activity is very useful and can not be stopped. While these problems with ICO are temporary. There is a general regulation of the ICO process on the part of the states, and then the fraud will basically disappear.
ICO is a new trend for the development of Cryptocurrency because this is where they can have many different ideas and work together with big projects. I personally like to invest in good ICO projects because it gives me a very good profit if the project is attracted by many investors.
full member
Activity: 2044
Merit: 109
September 26, 2018, 11:43:36 PM
#68
I agree with your statement, because the ICO is the way for an ICO project to be known and get funding from Investors, so they can carry out their projects
sr. member
Activity: 700
Merit: 252
September 26, 2018, 11:40:55 PM
#67
Why ICO is important? First company needs funding and to get funds they need investors for their projects or startups. They can't begin what is in their minds to get the projects and start the business without funding. ICO is leveled with IPO but there is big difference between the two.  I am not an expert anyway to elaborate the two.
I think ico is important because it is part of crypto currency movements and maybe someday all companies will use ico as a promotional place that can be accessed by the whole world
jr. member
Activity: 420
Merit: 1
September 26, 2018, 11:32:27 PM
#66
I think it is unnecessary, since crypto is currently a lot of coins and tokens have the same application, everything is too much. The ICO is just one form of calling.
full member
Activity: 966
Merit: 104
September 26, 2018, 11:30:30 PM
#65
Of course, ICOs are very important in the development of the Crypto-currency. Regardless of the fact that now there are a lot of frauds among these projects, that now it is very difficult for them to raise funds due to the fall of the crypto-currency market, this activity is very useful and can not be stopped. While these problems with ICO are temporary. There is a general regulation of the ICO process on the part of the states, and then the fraud will basically disappear.
jr. member
Activity: 251
Merit: 6
September 26, 2018, 11:30:09 PM
#64
I think ICO is necessary, it's a way for company to gain initial finance to develop their products. Because most of blockchain companies are startups and they don't have enough money to maintain their works, pay for office and salary. In addition, ICO also make the project become more popular, by running bounty, airdrop and promotion campaigns.
sr. member
Activity: 658
Merit: 250
September 26, 2018, 11:14:59 PM
#63
Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins  find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without  ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?
ICO is just like the kick starter of a project, it act as the first funding to makes the project run.
Just as you said, without the necessary funding, a project will find a difficulty to make any improvement or just starting their work.
member
Activity: 378
Merit: 19
September 26, 2018, 10:59:08 PM
#62
ICO is the best way to raise funds to develop project in crypto world by selling project tokens. All can join, buy tokens and become a part of project in future, ICO is better than IPO.
But ICO is dangerous for new investors, just need to check, analyze project info to invest.
Organicco is one of the best ICO in 2018, you can check and join here: https://bitcointalksearch.org/topic/annicoairdrop-organicco-green-tech-proven-technology-3379079
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
September 26, 2018, 10:53:06 PM
#61
Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins  find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without  ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?

For me, ICO's are actually good thing and it helps us and their projects. But of course it also have the negative effect like what you said about fake ICO's and scammers. Most of the ICO's today are not legit or simply scam. I believe in ICO and it is very helpful but if we join, we mist sure that it is not scam and a good reputation ICO.
sr. member
Activity: 672
Merit: 252
Until the end
September 26, 2018, 10:45:33 PM
#60
Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins  find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without  ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?

Yes and no.  As a concept I see the value it brings to the project and investors.  Investors can invest any amount they want and fund a project.  The project gets the funds they need.  In the United States, ordinary citizens cannot participate in Venture Funding because that requires a $200,000 minimum investment.  There is no way that an ordinary person can reap those benefits with that kind of limit. 

On the other hand it's relatively easy to create a website, make a jargon-laden whitepaper with made up words that sound impressive and create fake social media profiles too fool people into handing over money for a project that has no future.
legendary
Activity: 1932
Merit: 1273
September 26, 2018, 08:02:27 PM
#59
ICO is indeed a fine way to raise a fund for a company. Sadly cryptocurrencies communities make it as a get rich quick scheme. It makes the ICO images becomes bad due to that irresponsible scammer. The problem is on the communities not on the ICO method itself.
sr. member
Activity: 882
Merit: 251
September 26, 2018, 07:38:02 PM
#58
Ico’s attracts users or investors to join their project. It contributes to the crypto market and awareness to the other users. I think it just needs regulation to halt scams since scam in Ico is spreading.
copper member
Activity: 109
Merit: 0
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 26, 2018, 07:30:25 PM
#57
Thats right many investors falls to ICO scam because of lack of knowledge about the background of each projects ,  the only ICO i trust right now is the WPP Energy that is based on Switzerland a company of professionals in energy sector with patented renewable technologies that are already implemented to some countries !
member
Activity: 798
Merit: 38
September 26, 2018, 07:23:35 PM
#56
ICO can be a means of financing a good project, but some people have taken advantage of this platform to bring about loss to so many people by scamming them. Also, one of the things that make the crypto space very much interesting are ICOs. It has both it's advantage and disadvantages, but it would be more advantageous if you try every means possible to avoid scam projects.
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