Topic: Do you feel ICOs try to raise too much? - page 4. (Read 1759 times)
I know that they try to raise money more to know if they gain popularity but the basic reason is wanting to be listed on a market. They must maintain a certain standard to be listed in an exchange. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting or a failure in their project. ICO has to proved that people do value the new coin they create by gathering investors and to attract established companies in order to establish a stock price.
As any other business in the world, each party is putting a markup on their price for the purpose of raising capital by increasing profit and minimizing costs. However, I also tend to believe that some ICOs are overestimating themselves in terms of pricing, which is ridiculous. There are some ICO projects whose costs are understandable to a certain extent, as their profitability tends to be efficient. Cointed, for example, has adopted a lot of ICOs which are effective in the long-run and are increasing their funds substantially, without harming their current profit. However, there are many other ICOs that are simply abusing their name and increasing their price, knowing that they are the "new thing".
For many ICO organizers presentation of their projects has one exceptional aim: make much more loud and do nothing after. This is the way of collecting money and keep for own reasons. No other things they do.
I do not presume to state with sufficient accuracy, but it also seems to me that many ICO project developers are trying to collect more money than is necessary to implement the project. On the one hand, they may be reinsured against unforeseen expenses, on the other hand, to give importance and importance to the project itself. Of course, sometimes the role here is just the greed of these developers.
Hey, I'm interested in everyone's opinions on this. I find so often when looking for ICOs I come across something that sounds like a good idea but then am instantly put off when they all seem to trying to raise 10s of millions for something I would deem could be perfectly possible with only a couple of million or even less.
Do you feel that ICOs tend to try and raise too much? If yes, do you think this is out of greed for their own personal gain or simply because they over estimate the worth of their idea?
Do you feel there is anything we can do as a community to bring expectations back to reality? Other than waiting for ICOs to continually under perform and then eventually expectations adjust?
I feel that most coins are trying to make money from people thinking that new money is being put into the ICO's.Do you feel that ICOs tend to try and raise too much? If yes, do you think this is out of greed for their own personal gain or simply because they over estimate the worth of their idea?
Do you feel there is anything we can do as a community to bring expectations back to reality? Other than waiting for ICOs to continually under perform and then eventually expectations adjust?
Some have tried to over raise capital and try to take advantage of unsuspecting people who are new to investing in general. I have seen many over sold ICOS so I prefer ones with smaller marketcaps to begin with as they also have more potential to grow. Some ICOS though have raised the proper amount of funding for their projects, because some need huge development and are very ambitious with new technological breakthroughs so it all is relative.
what a scam.. 
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Yes, Every ICO must have a transparency when it comes to their goals, and must show to the investors what they are planning and raising the money for and what could be the benefits of the ICO in the industry, most business run like that nowadays.
Indeed, a project does not need so much money, so much money looks more like a scam, and maybe there is a big bubble in the ICO market right now.
ICO is a good rescue for projects but sometimes i wonder if the sources of fund were no more there again. Good project will most times get the initial fund but raising that large size of fund can upset the projects and the team. I hope in the future a level of project must have been accomplished before ICO, it brings a level of trust on the project and its success.
You actually did a good research on this,sometime some of the ICOs have good intentions to make use of the money raise to fund the project name but it seems 90% of the ICOs are really fake and with greed,and this is going to make this difficult.
every ICO should have a clear business plan that includes projected costs, I will invest in the first ICO that provides visibility on the costs side and will be able to justify the ICO cap based on projected costs.
every business in the world runs like that ...
every business in the world runs like that ...
Definitely yes! We have seen so many project this year that have raised incredible amount of money in millions and yet they have not been able to come up with a product in spite of all the money they have gotten!
I can’t speak for all of them, but it’s absolutely a must for some.
The new lending platform for ico’s - hedgeconnect.co for example
What they do is, choose for you and the only way they can unlock the top level bonuses. So they need to have the top numbers to work with.
I’d recommend this company for newbies and for those who only have a tiny investment. The thing is that you will get an income with them guaranteed, rather than choosing 1 coin and hoping for the best.
Their ico is not until Jan 20th, so it’s a couple weeks away and their site is still under construction
But this will be a monster and I know they’ve got a couple big name promoters signed on for January
And a big partnership in the works
The new lending platform for ico’s - hedgeconnect.co for example
What they do is, choose for you and the only way they can unlock the top level bonuses. So they need to have the top numbers to work with.
I’d recommend this company for newbies and for those who only have a tiny investment. The thing is that you will get an income with them guaranteed, rather than choosing 1 coin and hoping for the best.
Their ico is not until Jan 20th, so it’s a couple weeks away and their site is still under construction
But this will be a monster and I know they’ve got a couple big name promoters signed on for January
And a big partnership in the works
Yes, an ICO project of more than $10 million feels like a big project, but now the ICO project is easily worth tens of millions of dollars.
I think many ico are trying to raise too money, though they have a very big roadmap and seems a lot of things need to do, in my opinion, more than 10000ETH or 70000 dollars is too much for a medium ico project.
Humans are greedy beings. So I guess its marked up and profit from the expected cost for their project. I guess their initial effort cost as well. lol
Nature of the beast and you are right on the money. However, if they are genuine, most start-ups are happy to make a profit in the years to come, not right from day one.
Sometimes, a good question for the founders is "How much of your skin is in the game?"
Do they lose their house if the project fails.
The amount which ICO want to claim is as you mentioned above only the reason nothing else. Time is the only solution for the best results.
Hey, I'm interested in everyone's opinions on this. I find so often when looking for ICOs I come across something that sounds like a good idea but then am instantly put off when they all seem to trying to raise 10s of millions for something I would deem could be perfectly possible with only a couple of million or even less.
Do you feel that ICOs tend to try and raise too much? If yes, do you think this is out of greed for their own personal gain or simply because they over estimate the worth of their idea?
Do you feel there is anything we can do as a community to bring expectations back to reality? Other than waiting for ICOs to continually under perform and then eventually expectations adjust?
I also think it is a yes. and some of managers are too hungry for those coins raised and scamming us bounty hunters .Do you feel that ICOs tend to try and raise too much? If yes, do you think this is out of greed for their own personal gain or simply because they over estimate the worth of their idea?
Do you feel there is anything we can do as a community to bring expectations back to reality? Other than waiting for ICOs to continually under perform and then eventually expectations adjust?
they collect many and 20% only is allotted for us who make their campaign great and promoted . but thankful ofcourse because of them we all have cryptos holding and trading now. very well said . but if the ICO is legit and true it will be a good perspective by others
It may seem ICO are targeting unrealistic amount. However, we should realize ICO market is a global market. Maximum cap can do wonder for the kind of money that will be raised instead of limiting expectation.
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