Do you think ICO is a good way to raise money? - page 10.

Galantin

jr. member

Activity: 602

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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 ).

Yes, they must go on a long-term vacation. On the sea. Where the sun always shines. I think this is not the worst project. I saw 100 m $ 36 $ m which also stated such. To invest in ICO today, a project must have a finished work product, or at least beta.

jhon15

member

Activity: 434

Merit: 10

Quote from: cryptofuturologist on March 02, 2019, 04:22:13 AM

I think this is the worst way to get money now. It seems to me that the ICO industry is causing great losses to the investor. I do not risk.

ICO can indeed make money but this is not the best way because the risks are big especially when a lot of bad things happen, so you have to be very careful when investing in ICO.
You must be able to arrange all the plans correctly so that you can run well.

cryptofuturologist

member

Activity: 420

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I think this is the worst way to get money now. It seems to me that the ICO industry is causing great losses to the investor. I do not risk.

jeromix

copper member

Activity: 266

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Ako Bayot!

Quote from: graffix on March 01, 2019, 04:40:54 PM

Yes, there are many scam projects. But there are still good projects ongoing. Mostly ICO prices very small. so if you invested in a good project still have a chance to raise your money. I just following the ETHA project. They have a good project idea and a good team. Another thing is their bounty managers are trusted. So I believe this is a good project.

Scam projects meaning earning money but it is not the investors that will going to earn instead it is directly the team who brought the project. Take time visiting the scam and accusations section, there are many projects being mention as scammer. ICO is just like robbing a bank in an easier way without forcing you to take your money. They just collect it offering you "heaven and then run away leaving you like a hell"- (Credit to the owner of this statement)

hrunya102

member

Activity: 546

Merit: 11

ICO is a tool for raising money to promising projects, for them, this is still a good way, but because of the large number of scammers, investors are afraid to invest.

Cryptmuster

legendary

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Glory To Ukraine! Glory to the heroes!

It is like any investment, it can bring you money in its potential if you understand and invest your money not to guess, but after a detailed analysis, drawing conclusions and determine the exit point beforehand, at what price you need to sell the coin, so that greed would not hurt you do it with a profit for you.

qomariah95

full member

Activity: 1190

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Collecting money can be done in any way. Not just the ICO. Depends on you comfortable where to find the money. Turn on the ICO or invest in a well-known altcoin. So it all depends on where you are looking for money. In my opinion, a good way to raise money is at the ICO.

mcnocon2

member

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📱CARTESI 📱INFRASTRUCTURE FOR DAPPS

Its really hard to trust ICO nowadays because of what we have faced on the previous years. But still ICOs are a good way to raise money but always be careful on picking the right project to invest to protect your funds and investments.

Maslate

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Message @Hhampuz if you are looking for a CM!

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 ).

Can you share a link of their telegram or ANN thread? I would like to verify your statement.
I am interested to know because I am holding this token and were not able to sold it since the price is so cheap.

Little Mouse

legendary

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

If you come up with everything positive and a good prpject, I think it still have the chance to raise fund with ICO. You can also escrow the raised fund and spend later once you got whatever you promised to the ICO holders.

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: jvper on March 01, 2019, 03:14:42 PM

It is getthing more and more expensive to run an ICO because of compliance. It is near to some other things already.

Ico could have been the best way to raise funds for your projects and in 2017 many people and investors has made good profits investing in projects through icos but in 2018, it seems the ico has been miss used by scam and fraudulent developer. Many investors here have different story to tell base on what has happened and I in particular has lose money investing into abandon projects.

nik9990

full member

Activity: 616

Merit: 100

First Islamic Crypto Exchange

now it’s not as interesting as it used to be, there are a lot of fraudulent projects and most of it’s falling in price

flagpara

full member

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Reserved.

graffix

member

Activity: 195

Merit: 10

Yes, there are many scam projects. But there are still good projects ongoing. Mostly ICO prices very small. so if you invested in a good project still have a chance to raise your money. I just following the ETHA project. They have a good project idea and a good team. Another thing is their bounty managers are trusted. So I believe this is a good project.

Oceat

sr. member

Activity: 2506

Merit: 368

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 ).

Yeah, raising money then run it all away but I'm surprised if the development team would really return that 8M money that they accumulated to raise. Most ICO these days are considered to be a scam that's why it's so hard to trust them.

What's the purpose of proposing projects when they don't want to finish it anyway? There's a lot of shit coins stack everywhere aren't these developers tired of making a new currency? Investors would be divided because there are existing currencies already yet most of them are lack of support after being dumped.

red4slash

sr. member

Activity: 1400

Merit: 468

Quote from: altscaner on March 01, 2019, 03:06:54 PM

ico is still a good place to find money fast, because there are still many enthusiasts from here but this is the moment to pay attention because it is often misused to seek instant benefits by some people

but in my opinion for some time ICO was not as profitable as possible because the market was dumping. so I think it must be careful and maybe if investors are doubtful they will secure their funds until the market improves and start investing again in the ICO

jvper

hero member

Activity: 966

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It is getthing more and more expensive to run an ICO because of compliance. It is near to some other things already.

altscaner

member

Activity: 269

Merit: 11

ico is still a good place to find money fast, because there are still many enthusiasts from here but this is the moment to pay attention because it is often misused to seek instant benefits by some people

Juse14

sr. member

Activity: 1064

Merit: 389

Duelbits

ICO was really a good to make a profit went we buy at first listing, every ico always getting a really dip price after they hit the first exchange and that your opportunity to make some profit for bounce back price.

arpon11

sr. member

Activity: 882

Merit: 282

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 ).

Of a truth icos was one of the Best and good ways of raising fund from the public for cryptocurrencies projects developments but the scammers and fraudsters has see this as an opportunity to scam people and investors of their hard earned money and in turned it creates distrust that we are witnessing in the cryptocurrency market now. I will said this because I have lost so much fund to scam projects that used icos to raise funds from the public and I have decided to avoid investing into any projects during icos completely.

Topic: Do you think ICO is a good way to raise money? - page 10. (Read 4420 times)