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Topic: Do you think ICO is a good way to raise money? - page 2. (Read 4420 times)

jr. member
Activity: 544
Merit: 1
There could be many other ways but for for now ICO is the only best way raise funds. Currently there is an IEO which is about to prove the test of timeslots just hope it works out fine
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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 I guess, ICO is one of the major things reason for us get profit. Especially it is very effective way to raise money to those who don't have any capital if the ico have a bounty campaign for their project as well. And I knew lot of investors believe in the ico though their there are some projects on which are really scam, just all we have to do is be very careful in choosing among of them.

   For us to get profit? And how you get the profit? I think you missed a point here, earning your paycheck in tokens for some tasks and ICO`s raising money
for their company is two different things. Nobody force you to sell your earned tokens right away and take some cash, but some of us hold chosen tokens
for the future. I think ICO is just like start-up company, they are small, trying to get money for development if they succeed they can become huge and
make some huge company.
sr. member
Activity: 728
Merit: 250
Developers blunt money through ICO and this method has often happened before. And as a result many ICO projects have experienced success. But throughout 2018 many ICOs had difficulty collecting funds so many projects failed and scam. Maybe this is a consideration of many people, that looking for a project must have sales of tokens that have achieved a minimal Soft Cap.
sr. member
Activity: 812
Merit: 251
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 I guess, ICO is one of the major things reason for us get profit. Especially it is very effective way to raise money to those who don't have any capital if the ico have a bounty campaign for their project as well. And I knew lot of investors believe in the ico though their there are some projects on which are really scam, just all we have to do is be very careful in choosing among of them.
hero member
Activity: 1204
Merit: 500
in my opinion currently choosing ICO to raise money is a very small possibility because we all know that many ICO projects failed when they entered the exchange so that ICO investors suffered losses. if in the future the ICO can improve their system so that there is no more fraud, then we can take into account again for investment in the ICO.
well, the right ICO will certainly be a very profitable thing. not all ICOs are profitable, but good and honest ICO is definitely profitable. but to be honest it's quite difficult to find ICO like that right now. You must be careful to find it.
member
Activity: 182
Merit: 10
No I do not ever think of it. Because ICO is the worst way to increase money. I personally think that it is never possible to make money by ICO. Because all ICO's are not successful right now. If investing in ICO, the money will be reduced. So I do not even think about raising money through ICO. Investing in ICO means waste time and resources. Good to stay away from ICO. ICO will never help to raise money.

Thank you
jr. member
Activity: 448
Merit: 2
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 ).

Maybe they didn't have enough resources to move on with the project as stated by them. The most important thing is, will they actually give investors their money?  If they do fine and that's not scam. There are projects that's exited without refunding the investor's
jr. member
Activity: 154
Merit: 1
Yes ICO is a good way to raise fund for a project but that was before when investors still have confidence in it. ICO has been abused and many has lost hugely into it, though there are still some successful ICOs today but ICO success is not gotten on an easy lane now. You will need to do more to convince investors why they need to support the project.
sr. member
Activity: 1372
Merit: 322
Not anymore. It was a good way to raise fund back in the day but now it has turned a shit way because investors care about their money. Most ICOs raised fund and scam or raise fund and don't develop what they have promised. ICO are getting worst day by day.
member
Activity: 345
Merit: 10
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.
this requires cooperation with the government, where we can see the Korean government that regulates the procurement of their ico projects. indeed it is not necessarily special and their project success but at least the regulation of the project is clear because there are regulations from the government. if all countries do that I think it will end well.
full member
Activity: 574
Merit: 102
in my opinion currently choosing ICO to raise money is a very small possibility because we all know that many ICO projects failed when they entered the exchange so that ICO investors suffered losses. if in the future the ICO can improve their system so that there is no more fraud, then we can take into account again for investment in the ICO.
sr. member
Activity: 1428
Merit: 252
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.
full member
Activity: 1750
Merit: 118
I think working on an ICO project is not the best way to raise money because now most ICOs are scams.

Ico is a good way to raise money for the devs that has a plan on making a project but that was before when the time that ico do still have a  good reputation but now that there are many fake and scam ico's , the reputation of legit ico's were also got affected in which they cannot really obtain a good amounts of cash from potential investors  .
hero member
Activity: 1106
Merit: 506
I think working on an ICO project is not the best way to raise money because now most ICOs are scams. if you want to get money it's better to do daily trading. although the benefits of trading are not too much. it depends on crypto market conditions, but this is more profitable than the ICO project where the salary payment is unclear.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Many coins excelling on the market now become successful through ICOs where funds were raised to support the development of the platform and product. However, ICO is not the only factor for a coin or project to become successful. Factors like experienced team and good product which is highly in demand are very crucial in the determination of the success of a project hence it is good to research into these areas before choosing to invest in the ICO.
member
Activity: 882
Merit: 13
Definitely not worth it to invest in ICOS right now people lost confidence because most of them are fake or scammed, even the legitimate ones are having a hard time raising funds because investors are skeptical and also we are in a bear market. Strict regulation must be implemented on ICOS so that people will trust again and raising funds will not be that hard to achieve.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
Ico will always be a quick way to raise funds for any project, what should be taken into account when investing there to avoid falling into scams, is the team, study well the Whitepaper and do relevant research to know the veracity of the project .

Many projects have been marred by the mismanagement of some project owners, however, there are already some new conditions to avoid these problems, some speak of STO, and great legal requirements.

I think the requirements are very necessary, since at the end of the ICO must be done if the promised thing is finally being carried out. Only in this way will the trust in investors be recovered even more, and the real reason why technology should be used and that it is worthwhile to continue with this type of money collection through ICO..

Currently there are projects that have become STO, which, I think is very good, because they are backed by recognized companies and have their legal documents under the law.
jr. member
Activity: 289
Merit: 1
Yes, ICO can indeed generate big profits. And what happened during 2018 many ICOs failed. Until now it still happens and investing in ICO is indeed risky. But that all depends on how you determine the ICO project selection.
member
Activity: 406
Merit: 11
its depend on the team
if the team can manage and handle their community to hold i think they can survive on the first market
the price will not go down from their ico price
full member
Activity: 448
Merit: 100
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 ).


Whoever owns that project needs to shift to another business because he don't know how to handles it. That $8M is already huge in this bear market and they are thinking its not enough. I even saw some ICO projects that did not reach their softcap that is just $2m but they still continue it because they know their efforts will someday be recognized and get more investors along the way.
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