Do you think ICO is a good way to raise money?

H1N1

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Quote from: cyramji on February 25, 2019, 06:24:13 PM

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

ICO was a good way to collect funds from investors around the world, but it used by scammers to steal people's money.
So, the ICO won't become a good way to raise funds, unless they can prove that they are a real company, not fraudster.

rollingstorm45

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Quote from: iqlimasyadiqa on February 25, 2019, 06:48:06 PM

in a calculation, investing in an ico project gives us the opportunity to make a big profit. but for now ico projects are high-risk things, some projects fail and that certainly makes us suffer losses. so choose the right ico project and don't lose it.

all there is a risk, if we make money through the ICO project then the risk of failure still exists, but our losses are not that big different from gambling if we fail we will lose everything, but perhaps the most attractive option is to make money through trade capital that we will use and we can get out of trade if things are going bad.

Lexurdania

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Quote from: bartusv on March 20, 2019, 07:34:31 PM

ICOs are a good fund raising option but lacking in confidence nowadays with reason. They are not regulated and
because of that many investors lost their trust and not investing in them anymore. They are not profitable as they
were before. Regulations or some kind of KYC is needed for ICOs as well not only for the participants.

Its because too many ICOs last year. I am agree that regulation needed in ICOs because many scam happen in 2018 and with regulation, it will prevent investor to invest in scam ICOs. KYC is good thing for investor and developers team

PuertoLibre

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Quote from: cyramji on March 20, 2019, 07:17:16 PM

Quote from: Quintrix on February 26, 2019, 12:50:45 AM

Quote from: cyramji on February 25, 2019, 06:24:13 PM

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

Well they just used the money to make a profit from the bull run, they are fast to received but very slow to return, sometimes they don't return the money at all ICO is a great way to raise money for the legit project but not for investors who falls to scam ICO.

Indeed , they took profits from bull market then return the money with 1/4 value

Honestly, the profitable projects taked back all the winnings like in gambling session. What happened in bull markets is not question here and there is no more such thing called reliable ICO.

MakeMoneyBtc

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I think it was but right now it is not anymore good, at least not until someone takes responsibility to clean all this mess that exist in ICO market. Hundreds of scam ICOs that steal millions of dollars from people. The whole idea of ICO is destroying right now if someone is not going to take action soon.

bartusv

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ICOs are a good fund raising option but lacking in confidence nowadays with reason. They are not regulated and
because of that many investors lost their trust and not investing in them anymore. They are not profitable as they
were before. Regulations or some kind of KYC is needed for ICOs as well not only for the participants.

cyramji

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Activity: 72

Merit: 6

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Quote from: Quintrix on February 26, 2019, 12:50:45 AM

Quote from: cyramji on February 25, 2019, 06:24:13 PM

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

Well they just used the money to make a profit from the bull run, they are fast to received but very slow to return, sometimes they don't return the money at all ICO is a great way to raise money for the legit project but not for investors who falls to scam ICO.

Indeed , they took profits from bull market then return the money with 1/4 value

cyramji

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Quote from: DeadCoin on February 26, 2019, 01:00:09 AM

The success percentage has come down raising money from ICO. Reason behind, too many scam projects, complete dry market even if a successful projects comes into the market, the values falls to the ground once they pitch into the market. Analyze and select an ICO with best project and team.

Deep point , thank you

wildey

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Quote from: TheICE007 on March 20, 2019, 10:41:18 AM

Well, ICOs used to be a way of raising money, investing in ICOs back then was profitable, but now, so many scam projects out there to rub people of their money without any use case. If you are lucky, you can still find a good ICO where you can raise some profit.

you are right. however, currently not all ICOs can really be a good way to make money. well, first maybe it's a good way. but currently only certain ICO can make that truly happen. I only hope that there will be good developments in the future that make ICO again a good way to make a profit.

prororo

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SIGMA

I don't think ico is profitable anymore now.
IEO is a good choice if you still want to make a profit, I think ico will die soon.

Chainsmokers

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Quote from: cyramji on February 25, 2019, 06:24:13 PM

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

I think ICO is the right way to get money, indeed not all ICOs can make a profit for us because some end up with uncertainty and scam. It may indeed be necessary for us to know more about their project and their goals going forward, whether it will go according to plan and be successful or not.

TheICE007

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tozex.io

Well, ICOs used to be a way of raising money, investing in ICOs back then was profitable, but now, so many scam projects out there to rub people of their money without any use case. If you are lucky, you can still find a good ICO where you can raise some profit.

Bes19

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Not anymore due to the current market situation and also investors are smarter now. Why would invest in an ICO if you can buy their tokens at a cheaper price once they hit the market. 2017 was the best year and hopefully the upcoming years will be just like what it was in 2017.

taufik0911

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HEX: Longer pays better

this is my opinion, ICO is a good way to increase profits or invest
but this ICO is not like a HYIP or trading which only takes a short time to get a profit but this ICO takes a long time to get a big profit

cyramji

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Quote from: glasbren on February 25, 2019, 10:34:10 PM

Quote from: Henrobakkara on February 25, 2019, 10:21:17 PM

2017 is a really good year to raise a lot of money from ico but now it's no longer because now there are so many projects scam or die after doing ico but have very low value when the list on market

Indeed, i think right now it will need another way to collect some fund, perhaps a safer way that any scams will cease to exist or created. Maybe by making some regulation than that ICO or something similar to be safe, and investors will like to make an investment again.

Allright , I also think that we need a more safer way to raise funds,so we can protect investors and help projects at the same time

logisticalmother

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Quote from: iqlimasyadiqa on February 25, 2019, 06:48:06 PM

in a calculation, investing in an ico project gives us the opportunity to make a big profit. but for now ico projects are high-risk things, some projects fail and that certainly makes us suffer losses. so choose the right ico project and don't lose it.

I also experienced it a few months ago I invested in the ico project but, maybe I took the wrong road because of the ico project that I was living in. It turned out that my scam project was sad about it, indeed, if we correctly chose the ico project,
big profits would come to us because, ico is a big project.

kennen1113

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Quote from: Wong Gendheng on March 19, 2019, 11:38:17 PM

For now the ICO is difficult to get money, the number of scam projects is the reason that ICO is difficult to accept, but I hope that very strict special regulations will be made to regulate the ICO so investors do not hesitate to place their money.

Indeed, ico has been an ideal place to make money for everyone in the past but now, we are too hard to make money from it because creators only know how to constantly create projects, they lack creativity and do not create perfection for the project, no products, that is making garbage more, instead of good and quality projects. But we can only accept that and live with it until ico ends, and I think the end is near when many projects have started to link with exchange, exchange will be the person who directly advertises the project, the projects will need quality if they want to approve

Mac_Doson

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For my observation generally since we are just in the 1st quarter of 2019 I think the ICO's was still thriving. But the struggle is real and its very challenging to raise even just the softcap thats why most of the ICO's was reduce its target softcap and Hardcaps. due to this ICO Market situation.

Ss4sukE

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Activity: 406

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maybe ico is not a good way to raise money, because ico is a lot that ends in fraud and gets worse ico. if the market is in good condition, it is possible that within a few months funds can be collected quickly if the team is serious. but unfortunately nowadays it is difficult to get funds through ico.

Jack_Sin

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Quote from: CuriousGeorge on February 25, 2019, 06:55:59 PM

Quote from: cyramji on February 25, 2019, 06:24:13 PM

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

They are such idiots scammers, have you seen their contract or address if they have raised that amount? it must be proven because how much fund raised can be manipulated by the team. That should be the main concern. I always choosen the right project just like BTT, Zilliqa, QKC and i never get scammed by the scumbag. Man, you should not trust ico bench.

Icobench only publishes the results of the ICO funds that have been reached during the sale but the rating on Icobench must be reconsidered because some of the previous highest ICO ratings turned out to be just stupid scammers

Topic: Do you think ICO is a good way to raise money? (Read 4420 times)