ICOs are a great tool for raising funds. It can help a project to be developed. Also, it can help investors to make profit. So, there is no doubt the concept is great. But unfortunately there are many problems. There must be an organization or an authority that can stop scams.
I personally have not an idea how this problem can be solved. Because I don't know how we can have both decentralization and regulation at the same time. But this problem must be finally solved.
Topic: Did you think ICO is necessary? - page 5. (Read 749 times)
Well you did analyzed, researched and whatever it is you must do with bitcoin without ICO right?
You could do it without it.
Actually it is the opinion of other people which I like most with this ICO's and also giving chance to those who cannot fund their genius ideas.
It is normal with a corrupt kind of a government. This kind of people are not being heard but here they are seen by just showing what good features their projects will be.
You could do it without it.
Actually it is the opinion of other people which I like most with this ICO's and also giving chance to those who cannot fund their genius ideas.
It is normal with a corrupt kind of a government. This kind of people are not being heard but here they are seen by just showing what good features their projects will be.
The current ICO is needed to release the new crypto to the market, so the importance of the ICO is undisputed. The ICO was created in parallel with the bounty campaign to promote the ICO to many investors, so they know about the project and invest in increasing the exchange rate of the token when listed on exchange floors.
No most ico's offer nothing new, and I have been doing fine without investing in too many of them so I would say they are definitely not needed. Look at bitcoin..
Normally, the shares of companies are offered to the public to raise money. ICO is also a public offering. Of course, money is needed to develop projects. Usually the amount of money collected is quite high and it is a different question whether they are managed appropriately.
Indeed. That's the purpose of the started an ICO, in addition to project development, ICO funds are also usually used by teams to listing their tokens to a common and famous places. It can be run without an ICO, but it is possible that the development will look so slow and not in accordance with the schedule.
Apart from start-ups needing funds to execute their project thereby resorting to ICO, I see no need for it especially as many have seen it as a quick way to make more money and most times they are disappointed after the ICO and the coin doesn't "moon".
Yes it is necessary. Most of the good existing projects nowadays started with their ICO. Every project needs to be funded before it can take off and funds would only come from investors. In return to the investors, profit would be given when the project succeeded. Now, there's no doubt ICO is necessary but the issue is the there is a lot of scammed ICO. One way to resolve that problem is to set up rules and regulations.
As i can see, not all ico are necessary, because in rarely scenario, ico are worth it to do (join, particilate, to invest). But most of the time ico are such a scambag that run awat after the ico finished. Meaning you have to aware which ico youve choose to avoid of being scam.
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 important if the project is legit and legal and they comply to all the rules and the team are honest and transparent on what they are going to do with the funds they raise, but it is being abused by fraud people, some of them posting fake address and people to their team to make it appear legit, this is the other face of ICO that I want stopped.
Ico is needed!
Ico is great way to max out the financial potential.
I dont know who created this ico but he must be genius !!
Ico is very smart idea !
Ico is great way to max out the financial potential.
I dont know who created this ico but he must be genius !!
Ico is very smart idea !
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?
If me my opinion ICO will help developer, if they will scamming member or anything else related with that, now we have escrow if peple want to. It all depends on us to pick which is ico good in market or not. 
~snip~
Many coins advertise on large media, even without relying on the ICO, they use personal funds, and it's not difficult. So on what basis do you say "Without ICO, coins or projects will find it difficult to advertise their project."
Many coins advertise on large media, even without relying on the ICO, they use personal funds, and it's not difficult. So on what basis do you say "Without ICO, coins or projects will find it difficult to advertise their project."
Yes, you are correct. ICO is not the only way to advertise a project, but maybe it is about the effectiveness. In my view, ICO is still the best way to advertise and to promote a project since ICO can involve many people who really understand about crypto. The promotion can be through some crypto forums including investors, traders, and crypto enthusiasts that potentially will join the project.
I think ICO is a good method for a new startup and it should exist. The necessity of ICO's is actually huge. It is more like crowdfunding but with tokens. ICO helps entrepreneurs to launch their product by pre-selling shares worldwide where traditional crowdfunding has many limitations.
Normally, the shares of companies are offered to the public to raise money. ICO is also a public offering. Of course, money is needed to develop projects. Usually the amount of money collected is quite high and it is a different question whether they are managed appropriately.
I believe ICO is the bedrock of every project that can ever have a successful execution because it through ICO that the needed found will be rase in other for the team to be able to take the project to a successful and conclusive end. ICO is very important because it also give investors the chance to own shares in the project.
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 those who are in investment I think ICO is really important because it plays a major role in giving information about the project. Through ICO the whole information is complete including the future development and analysis of the project. For some critics just by reading their ANN thread they can easily assess if the project will succeed or just a scam. It is also a way to increase awareness for the end user of the project. 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?
Every coins that will be created out there should launch an ICO, first of all, it needs a lot of investments so that the project will pursue and continues, another thing is it needs promotion and advertisement so launch a bounty campaign. These are just the two main reasons why ICO is very much necessary.
I think it is not about the necessary. I think that ICO is an opportunity that we must take based on the smart analysis and wise decision. ICO is actually very worthy as long as we can ensure about 80% if it is legit, not scams. growingly, ICO offers the very compatible and advanced technology and concept. It has included many fields in the world.
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?
Yeah, there are too many SCAMs in the ICO market, but I hope this is just a matter of time. More and more platforms that will "filter" ICOs and help reliable projects to raise funds are emerging today.ICO is a great ways introduce a project to everyone who wanted to invest regardless of life status. With respect to scams and other fraudulent actions of other groups of people who seems to ruin the reputations of crypto currency projects with a wrong perceptions. This has come to a point that people lost trust of crypto because of these reasons. Overall it's really necessary for us in order to grow the demand of the crowd funding of a certain project.
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?
crypto world cannot be separated from the ICObecause altcoins that have a capital market now are the results of ICOs that were done before the other ICOs appeared
Jump to: