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Topic: Do you think ICO is a good way to raise money? - page 12. (Read 4420 times)

member
Activity: 504
Merit: 10
It used to be said that ico is one of the best ways to raise money because there are still many good and potential ico, but now many ico fail and scam, so now people think about investing in ico or not because the conditions are not stable
member
Activity: 574
Merit: 13
Most people really think so. That a good and appropriate way is to invest in ICO. Maybe with that it can benefit easily. If the project is good, if you don't, you will certainly suffer losses. I will also do the same if I have money for investment.
sr. member
Activity: 784
Merit: 314
I think ico is still better way to raise money to develop project.
for banning scammers , i think cryptoworld need some new rule to act about this.
hero member
Activity: 1694
Merit: 541
Of course the ICO is not the best way to get money, the ICO is for those who are big capital investors. I think the best way to get money from cryptocurrency is to trade. You can take a little profit every day from trading results.
Are you not reading the content and just replying? he is asking about ICO projects and not starting his own project to make money  Tongue.

I would like to see ICO if it is a legit project and with all the scams that took place in the market, majority will have a bad experience when it comes to ICO investment one way or the other and i think it is difficult to convince people other than it is a legit project with legit team.
full member
Activity: 679
Merit: 102
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 ).

The ICO for now is almost scam it was a waste of time and money to invest if you want to have a high return of profit you must study how to trade because many exchange now is handling ICO, STO, IEO, ATO something like that many CEO wants the best for their project so if the project was legit then you will see many people invest on it, like binance many legit ICO was there and you can buy coins when you are approve in your kyc.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
It is very fortunate if the developer wants to refund the funds of those who have invested in the project, well even though the price drops but all are risks that we must accept as investors in the ICO, so we cannot call the ICO a scam because everything can happen to the project especially regulatory issues many projects are not eligible for this.
sr. member
Activity: 952
Merit: 253
It is the only way that these developers can fund their project, other than that they don't have any resources unless they got a back up from private company, but right now the project however good it may seem will not materialize if there are n funds for the project.
actually not really the only way since there are also crowdfunding, kickstart and many more.
ICO is one of most convenient way to raise money without any complication but the project will still need to comply with the regulation of each own government.
sr. member
Activity: 1344
Merit: 459
Vave.com - Crypto Casino
I think yes, because usually when ICO the price is very cheap, besides that there is usually a program of discounts and certain bonuses.
maybe you are interested in the ETHA project, for more details about the ETHA project information, try check the links at signature that I use  Grin Grin
plr
member
Activity: 1162
Merit: 24
It is the only way that these developers can fund their project, other than that they don't have any resources unless they got a back up from private company, but right now the project however good it may seem will not materialize if there are n funds for the project.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
The purpose of ICO is to collect funds and the funds collected aim to become project capital and usually the minimum ICO target is called softcap so that when the ICO cannot reach the softcap it means that the project has not received sufficient funds, so the project will not be realized due to lack of capital and wrong one solution for all of that is to extend the duration of the ICO
and such problems were experienced by the ELEMENTH Project, even though they seemed to have received a lot of funds but actually they still could not get enough capital so they could not develop their projects
member
Activity: 336
Merit: 10
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 fear to participate in ICO because of the large number of scammers among the new projects, and until the legislative regulation of this activity is introduced, I do not plan to participate in ICO again.
jr. member
Activity: 294
Merit: 1
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 ).

Ever since I got scammed in an ICO, I have disliked the ICOs and concluded that I wouldn't put my money again. I have to wait for the tokens on exchanges to buy if I feel it is nice. ICOs should not be used to raise fund.
sr. member
Activity: 770
Merit: 254
I'm not generalized all ICO but this is what I have seen now on some ICO's project.
https://i.imgur.com/j2SFZ2T.jpg
That is funny but true and sad at the same time, projects are raising money, they raise millions and development of their product cost thousands dollars and it looks like that horse on the picture.
Of course the ICO is not the best way to get money, the ICO is for those who are big capital investors. I think the best way to get money from cryptocurrency is to trade. You can take a little profit every day from trading results.
ICO is collecting money and trading is something like high risk job and ICO isn't for little profit.
full member
Activity: 798
Merit: 109
https://bmy.guide
I can draw an analogy of fundraising in ico with the collection of funds in any investment company and conventional HYIP projects, which despite their deception work and people willingly bear money there. I see that ico for many is the best opportunity to raise funds for the realization of their product or service or platform, another thing is that under the guise of ico there are a lot of scammers or unsuccessful projects. But this is in every industry and nothing works and develops. I believe that ico will still be relevant to the fact how the cryptocurrency will be regulated. Further, most likely fraudsters will leave this niche themselves and it will be possible to continue working.
I'm not generalized all ICO but this is what I have seen now on some ICO's project.

This is what I have said before that ICO's must filter those project that they think a shady one or those having a fake team and copy pasted documents like white paper and roadmap. We know it's really hard to choose a project that good and legit through your deep research you may know which better.
full member
Activity: 630
Merit: 103
I think this is a good way to raise money for any project. The problem is that now investors are not interested in ICO. Also, the problem of a large number of scams in the field of ICO, make ICO less attractive to investors.
jr. member
Activity: 51
Merit: 1
I think ICOs can be a good way to raise money, but should be harder to do... these days anyone can easily issue a token and make a shitty/scam project
full member
Activity: 1946
Merit: 112
I can draw an analogy of fundraising in ico with the collection of funds in any investment company and conventional HYIP projects, which despite their deception work and people willingly bear money there. I see that ico for many is the best opportunity to raise funds for the realization of their product or service or platform, another thing is that under the guise of ico there are a lot of scammers or unsuccessful projects. But this is in every industry and nothing works and develops. I believe that ico will still be relevant to the fact how the cryptocurrency will be regulated. Further, most likely fraudsters will leave this niche themselves and it will be possible to continue working.
hero member
Activity: 2828
Merit: 611
Yes all that has happened but I don’t think it is going to change anything . ICO will still be there and people will still be investing in it. This has always been all about risk, you either win or you lose and when you’re winning there is someone else losing their money , same as when you’re losing, someone else is winning.
member
Activity: 1120
Merit: 13
Elementh project is abig disappointment ,after they raised enough money they claim they don't have enough resources?well they should have enough resources in the first place before launching the project ,I don't understand developers this days  they tend to always start what they can't finish ,so automatically funds is not the only issue ICO faces

Yes, I had a big hope in Elementh project even I thought its coin price can go up to 1 USD if the good time comes! When they announced they are returning back money to its investors, I was totally disappointed and left the telegram group. The same thing happened with the Ingotcoin ICO! They raised 40 Million USD and then they gave back money to its investors and they are gone without paying its bounty hunters, Elementh at least paid to its supporters.
jr. member
Activity: 510
Merit: 2
Yes, ICO is a good way to raise money provided
if you can be lucky to involve in good ICO you will make money.
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