Pages:
Author

Topic: Do you think ICO is a good way to raise money? - page 14. (Read 4420 times)

jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
I think new projects should have a new way of raising funds to support it because ICO is no more profitable. The numerous scam incidents is deterring people from participating in it anymore.
Yes  Indeed . I think we should have a third part to manage the  fund raising process , so even if the project failed the money are always safe
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
Maybe the Elementh team is fed up with the market trend. Some projects raised more than 8-10 Million USD from their sale when BTC price was 12k-10k USD But in this market BTC price less than 4K USD! So, the project team did not cash out, because they thought the market will go up at the end of 2018! But that did not happen, so some projects like Elementh wants to return back the money to its investors. Projects like Yumerium, Pdata stopped developing for the bear market. Actually, the bear crypto market is not supporting anyone at this moment! So, I will suggest everyone to stop investing in ICO projects, because you will fail to make back your investment money, and forget about your profit. You may invest in established coins or STO projects. That's it.


But they dont have the rights to trade collected BTC or ETH , they should convert it to fiat and work on developing the product
member
Activity: 742
Merit: 21
Be the reason someone smiles today
ICO was always a good way to raise money for new projects. The problem is that ICOs got a bad reputation due to the huge number of scams last year, and now even good projects are suffering as people are much more reticent about ICOs.
full member
Activity: 1414
Merit: 100
I think if your company is real or your team have a good reputation and you have a good intention to expand your business, ico is still a good way to raise money. Look current available ico, there are still a few project who can raise at least soft cap even in the current condition which is ico mostly scam. I am sure many people don't want to just hold their crypto asset, they still try to find a good investment but maybe this year more selectively than previous year.
sr. member
Activity: 841
Merit: 251
Not anymore it better to get hold of your money and do something with it, like day trading.
ICOs have been infested with scammers and manipulators and i wouldn't advice anyone to invest in any however promising it looks.

Agreed only few ICOs survive in the bear market and some closed due to lack of raising money for their projects. But it is quite surprrisingly that ICO in binance are very much in demand even investors loses chance to buy some tokens.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
It has become noticeable that recently ICO projects have become popular again. The amount of investment in them has increased significantly. When listing on crypto exchanges, the prices of ICO  tokens are no longer declining several times. For example, the other day the SERV token listing on the exchanges and its price remained at the rate of 10 cents, at the level of the tokensale. BitTorrent brought investors 10x profit. I think the pessimistic moods are gone and the ICOs is becoming attractive from an investment point of view once again.
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services

Unfortunately, most projects are failing. Even the authentic ones are suffering.
You will observe that their prices once they got listed are very low as compared to their private sale or ICO prices.
Dumpers will always be there but come to think of it, they have very small percentage of allotment as compared to the total supply.
So a strong project can't blame it solely to dumpers. If they have robust system, they can easily rise from that dump and achieve their stable price.
And from my end, ICOs are not good way to raise money or get profit from. Very few can offer you that kind of return.
STO are now becoming the new trend. The reliability is better than ICO.

Yes I agree with you , STO is much better than ICO since it is more secure compared to an ICO as SEC (Securities and Exchange Commission) only allows projects that are reasonable and serious about the aim
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
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.
I think that most of the projects are run by professional teams , like they only care about getting the product or service done (if they can) and just don't care about token price strategies
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
It is a good way to raise money if the project is legit, has legit team and with a working use case. Sadly, ICO became the place for scammers lately and this made a lot of investors to lose interest to it. However there will be time that good projects would be back to it and ICO is going to be their way of raising funds for their project.
jr. member
Activity: 224
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 ).






Indeed ICO is a cool way to make money. I have alot of testimonies to that. At thesame time it is a high-risk investment, you should not invest money that you cannot afford to lose especially these days that it's been infiltrated by hungry scammers. Are there still real ICOs? Yes! but since you can't be so sure anymore, it's better to trade with caution and do not invest what you can't afford to lose
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
ICO has always been the best way new projects and  new developers raise money to help develop the product and launch it. It has also been the best way investors get to know about crypto projects to which they invest in some of them with the hope of making some amount of profit. But now ICO is not a good way to raise money due to the current situation of the crypto market.
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
Quote
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.
Yes they got the money in the wallet , But I dont know if it is their money (like sending 5M from their own money to give a good impression for the token sale and get some additional 3 M or whatever)
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
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 ).

before 2017 we will think like this but it will not anymore to make confidence for ICO investment and the development still not been successful here to move on with any possibility that survive the existing top and still not valuable right now.
Almost all valuable projects passed these stages and I don't remember a single team who complained about ICO. If a project is solid and the team is strong then there is no excuse for investors to bypass ICO. We all know the scamming issues from dark people and no matter how strong they are we will beat these guys sooner or later.
newbie
Activity: 28
Merit: 0
ICO is bar far the best way to raise funds. managing the funds and ensuring they are used to implement the projects is where many fail and accountability sometimes is missing.
full member
Activity: 602
Merit: 111
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 ).

before 2017 we will think like this but it will not anymore to make confidence for ICO investment and the development still not been successful here to move on with any possibility that survive the existing top and still not valuable right now.
sr. member
Activity: 770
Merit: 254
There are two ways to raise money if you don't have money. Bank loan or crowdfunding.
If ICO fails returning money to investors should be less problem than returning loan to bank with huge interest.
I totally disagree with the idea of using ICOs to raise money.
Lol, that is point of ICO.
newbie
Activity: 350
Merit: 0
yeah sure. but must make a good way. if any ico is good quality then can get too much support and market also can increase. all investor can invest with faith. so future ICO is a good way to raise money i think.
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
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 think it is hard to know which ICO is good ,most of the times they just write a peace of sheet and call it whitepaper , hire a designer and start asking for money because their project is gonna change the future  Embarrassed
full member
Activity: 644
Merit: 100
It is a pity that at the beginning ICO was great, but like everything in the world, at some point, it was used by dishonest people. So now it is very hard to find really great ICO.
full member
Activity: 504
Merit: 100
In general, ICO is a good way to raise money for a project or an interesting idea.But at the moment,it seems to me,investors are afraid to be deceived and lose money,they want to have a guarantee or need serious regulators that will protect their funds.
Pages:
Jump to: