Do you fund ICOs ? | Bitcointalksearch.org

coin-investor

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One of my friend, who is a good coder too, just sold his car, when I asked regarding that why he sold the car ? I was thinking maybe he want to invest money in bitcoin, but he said that he is not interested in such things, he need money this time, people who invest money in bitcoins or ICOs always get losses, because building a simple project takes many time and a complex project needs research and a lot of money. He said that he is a good coder and thats why he developed a dapp for someone, he spent around 3000 hours, but after completing her project, her client replied after the ICO that she could not raise funds, and the ICO failed. The money she spent on the project has lost. So why you don't support people when you see a ready project or dapp ?

People are had enough of ICO's but there will always be an exception, like if the concept is really good and the dev is transparent in running the project, he is not afraid to face his investors and can do videos webinars, in short, he is transparent and hands-on.

Bitcoin dominance is huge and people are concentrating their portfolios on the top coins in the market, and this year new coins are having a hard time to market their coin because of the edge of top coins in the market.

If you think your friend had a good concept and he can be transparent then go for it, who knows some investors are looking for a new project to invest.

pinkpanther03

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I can't deny that at this point of time most of the ico are difficult to determine if this was a legit or not.
Personally, I never ever did before investing in any form of ico, but I joined to some ICO which I think has a potential
to increase its price value in the market. But good ICO was hard to find that the truth which is need to make a research
first before joining in.

PragueBTC

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Quote from: Astargath on August 16, 2019, 01:23:40 PM

Well, IEO's and STO's are more popular right now. The problem I have with most ICO's is that they don't actually need a token or a coin to work, exchanges, platforms, gambling websites, what's the point of coming up with a new coin when you can already use any of the hundreds of coins that already exist and literally work in the same way.

Unfortunately STOs are not popular and by definition can not be popular because in order to invest into a normal STO you have to be an accredited investor, which usually means that you have to pass verification and evaluation of your financial prowess, normally proven by the amount of your income. In USA it is 250 000 USD a year. In other countries it is slightly less, but it is light years aways from what the median income is ( 53 000 USD for a household in USA and even less in other countries)

As for IEO it is an illegal practice, and it is only a question of time when people start being prosecuted for IEOs. Mostly the exchanges themselves , not the people who participate. But still, you can forget about IEO

Quote from: Kemarit on August 16, 2019, 02:41:09 PM

Quote from: Astargath on August 16, 2019, 01:23:40 PM

Well, IEO's and STO's are more popular right now. The problem I have with most ICO's is that they don't actually need a token or a coin to work, exchanges, platforms, gambling websites, what's the point of coming up with a new coin when you can already use any of the hundreds of coins that already exist and literally work in the same way.

New business models has arrived, ICO are no longer the current trend that's why it is suffering and no longer being supported by a lot of investors around. IEO is the new thing, just look at how those projects quickly sold out in just a matter of seconds or minutes? To the OP, maybe investors are no longer interested to fund such project because of the simply reason that they don't see any potential profit with them. They would rather go to Bitcoin today or test their hands on the latest model that is IEO.

the fact that it is popular doesnt mean that it is legal or sustainable. Have you ever tried researching what the project has to do in order to have an IEO on a reputable exchange?

Ararbermas

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Quote from: SantiagoSegura on August 17, 2019, 12:04:35 PM

I invested in 1 ICO back in 2017, and it was failed one , that thought me a lesson.Fortunately i only lost 100 USD.

investing in ICO is uncertain mate because sometimes when they're facing many problems they give up always. that's why moslty now a days there's a lot of abandoned project. So much better to invest in bitcoin which is you can assure everything will be fine and you can gradually obatin profits on it . Unlike ICO you need to wait until the sales end before you can get your rewards in it. And with bitcoin even in different situations your money will not disappear suddenly.. So we neet to become smart when it comes investing our money.

MonsterV

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Quote from: DashingAgent on August 16, 2019, 02:37:03 PM

He is just a coder (freelancer) and nothing more, the girl was just her client, he was not the team member of that project. He sold his car as he is facing financial problems.

Hmm a little strange, if he is not a team why would he sell his car? in the above thread you said that he needed money to develop his project.

Quote from: Mahanton on August 21, 2019, 08:09:56 AM

Made investment twice on ICO and I do compare that profitability does really depend on the project team behind.I blindly make an investment to a project which I do choose based on my intuition and a project that I heavily make some research because I believe into its potential but in the end the one I hadn't taken seriously do give me some profits and the one that I'm been serious off put me on a huge loss.So you cant conclude which one will progress out.

The team does have a big influence, because they are captain. When team just couldn't handle how they were able to develop further, it ended up being just a scam. But what is more influential is concept, well the concept adopted by project is because investors are looking for a new concept that is far better than old concept.

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Quote from: trickyriky on August 26, 2019, 02:00:32 PM

Quote from: sl8 on August 23, 2019, 12:50:48 PM

Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc. Grin

But yeah, it's not the right time. Any more.

I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency.
The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better.

why do they mostly not last long in the project? I think many factors influence it. we know a lot of engineering in a project, to get certain goals, so that in the end it also falls, besides that many projects whose products are not running, so there is no circulation in it. with no product realization, there is no interest from investors or traders to see prospects going forward, and eventually the project dies

Julien_Olynpic

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Quote from: Yamifoud on August 26, 2019, 05:45:06 PM

Quote from: trickyriky on August 26, 2019, 02:00:32 PM

Quote from: sl8 on August 23, 2019, 12:50:48 PM

Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc. Grin

But yeah, it's not the right time. Any more.

I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency.
The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better.

To retain its market value for token is a very challenging artworks for developers and marketing in charge of a certain project. Could be that 90% lost for the selling price is really that bad and to look dead anymore. There is something we have to work for and funding for ICO is not the risk but a very very risky thing to do. If we want to lose money, then this is the way we should have to do.. Grin

Maintaining the market value of the token is really a difficult task. Therefore, I do not participate in the ICO. But sometimes it happens that the price of the token drops although the team has a work product and good marketing and is working hard on the project. In such cases, you can buy a token at the bottom. Sometimes tokens will grow in the future. But the bear market is really bothering them of course.

Distinctin

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Quote from: CoinAngel on August 23, 2019, 12:23:02 PM

Quote from: TelolettOm on August 21, 2019, 08:26:13 AM

When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk

Generally, I'm on your side. It's bad for the market, imho. Any ideas, what could forse us to invest again in ICOs?

The only answer for that is the proper regulation, when ICO was very popular, there's lack of regulation and I think only those ICO who are under the US are regulated and in fact, those scams ICO were called by SEC and some even are punish like the founder of Centra who got into jail and also Mayweather and DJ Khaled were penelized monetarily for promoting the ICO which indeed a successful one.

Unfortunately, these ICO scammers are smart enough, so majority of the ICO are coming outside the US where there's a lack of regulation or not regulation at all, so if we like to see this regulated, that would be good for the market but it will not happen instantly, it will take time for sure.

Yamifoud

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Quote from: trickyriky on August 26, 2019, 02:00:32 PM

Quote from: sl8 on August 23, 2019, 12:50:48 PM

Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc. Grin

But yeah, it's not the right time. Any more.

I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency.
The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better.

To retain its market value for token is a very challenging artworks for developers and marketing in charge of a certain project. Could be that 90% lost for the selling price is really that bad and to look dead anymore. There is something we have to work for and funding for ICO is not the risk but a very very risky thing to do. If we want to lose money, then this is the way we should have to do.. Grin

trickyriky

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Quote from: sl8 on August 23, 2019, 12:50:48 PM

Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc. Grin

But yeah, it's not the right time. Any more.

I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency.
The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better.

sl8

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Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc. Grin

But yeah, it's not the right time. Any more.

Pamadar

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Quote from: TelolettOm on August 21, 2019, 08:26:13 AM

When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk

Practically speaking that's right, way back there's a lots of chances to earned from this place of investment but right now it's hard to pick the right project to support and invest your money, the amount of risk is very high as there's a lots of possible scam projects that will only run your money away, it's a good deal when you pick the right one and funded project that will generate good outcome.

CoinAngel

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Quote from: TelolettOm on August 21, 2019, 08:26:13 AM

When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk

Generally, I'm on your side. It's bad for the market, imho. Any ideas, what could forse us to invest again in ICOs?

TelolettOm

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When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk

Mahanton

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Quote from: TopT3ns on August 20, 2019, 06:32:37 PM

I have join ICO once as investors, and it not end well because price in market is not really good after listed and it keep getting worse only in time. For me, ICO is something that almost like gambling because actually we don't know what will happen to project that we invested and then profit or lose is always depends on the project itself. But when you pick good Project, or at least know when to sell the tokens, you can get profit because usually after listed on market, it will get pumped a little. Maybe take chance on that time is good thing. About Ethereum, it already steady and stand in market although ICO trend not come yet, so i think no matter ICO is happen or not, Ethereum, bitcoin and other coins will be good as long there are demands on market.

Made investment twice on ICO and I do compare that profitability does really depend on the project team behind.I blindly make an investment to a project which I do choose based on my intuition and a project that I heavily make some research because I believe into its potential but in the end the one I hadn't taken seriously do give me some profits and the one that I'm been serious off put me on a huge loss.So you cant conclude which one will progress out.

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I know an exchange selling Perlin "futures". Of course before the IEO at Binance. Yesterday it took me a day to find it out, but thanks to Telegram chats and threads here I did that. People say x3-x5 profit can be made easily.

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Quote from: CoinAngel on August 21, 2019, 07:08:17 AM

I'd rather prefer IEOs. Now look forward to join Perlin (Binance ieo). People say IEO are going down but CZ still want to hyip. Hopefully I will have a chance participate

They promote it for quite long time. I foresee difficulties for each and every guy willing to insert his few dozens bucks

CoinAngel

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I'd rather prefer IEOs. Now look forward to join Perlin (Binance ieo). People say IEO are going down but CZ still want to hyip. Hopefully I will have a chance participate

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Quote from: TopT3ns on August 20, 2019, 06:32:37 PM

I have join ICO once as investors, and it not end well because price in market is not really good after listed and it keep getting worse only in time. For me, ICO is something that almost like gambling because actually we don't know what will happen to project that we invested and then profit or lose is always depends on the project itself. But when you pick good Project, or at least know when to sell the tokens, you can get profit because usually after listed on market, it will get pumped a little. Maybe take chance on that time is good thing. About Ethereum, it already steady and stand in market although ICO trend not come yet, so i think no matter ICO is happen or not, Ethereum, bitcoin and other coins will be good as long there are demands on market.

It is because the team sell their tokens higher, 1 USD for 1 token is worst. and also the coin has too much supply, projects has no daily consumption on their platform, Some coins are also mintable, I hate such coins those are mintable as these kind of coins are only good for lending platform which uses the POS algo.

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I have join ICO once as investors, and it not end well because price in market is not really good after listed and it keep getting worse only in time. For me, ICO is something that almost like gambling because actually we don't know what will happen to project that we invested and then profit or lose is always depends on the project itself. But when you pick good Project, or at least know when to sell the tokens, you can get profit because usually after listed on market, it will get pumped a little. Maybe take chance on that time is good thing. About Ethereum, it already steady and stand in market although ICO trend not come yet, so i think no matter ICO is happen or not, Ethereum, bitcoin and other coins will be good as long there are demands on market.

Topic: Do you fund ICOs ? (Read 679 times)