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Topic: Do you think ICO is a good way to raise money? - page 6. (Read 4420 times)

jr. member
Activity: 72
Merit: 6
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ICOs are a good way for companies to raise money. Individuals can be seen as trying to scam these days. Lots of ICOs are legit and require identity verification and things like that before you can actually participate. I have been looking over www.airdrops.io and www.airdropalert.com to see if I can find anything worth while.
It is a good word to say companies , So we have to distinguich between companies and teams that wanna get money from people for just an Idea , Sometimes or mostly you cant even find the CEO talking about his project and why investors should take step toward it.
member
Activity: 574
Merit: 13
actually if the project is good, ico is a great way to increase money. the ico team gets income because their products sell well in the market and participants or crypto influencers also generate income from what they do when promoting their products.
So it all depends on the project. If a good project is true, the way to get profits is in ico. If the project is not so good, of course you will not easily benefit from ico. So the most important thing is you have to see how the project is.
sr. member
Activity: 980
Merit: 261
What is your point in making money thru ICO, is that creating ICO and in the end the money that you collected will not be send for those who invested and put their efforts on it or investing in an ICO and wait for the return on your investment? It is not good if you are planning to create an ICO for for your own sake.
jr. member
Activity: 72
Merit: 6
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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.
You are correct mate. Most projects are now becoming useless and coins they produced became shitcoins. If we are going to pour our investments into ICO the risk could be very high nowadays due to what you have said like failed projects and some others became scammy ones. As a bounty hunter I even experience a hard time now with ICO's because the payments are postponed, no value and just a waste of time.
It is obvious that when a project create a utility token for just one app and expect it to succeed , It is difficult unless this app succeed whith a wide range  users from all around the world and Now we are seeing that there are at least 3 ICO announecement each day which make most of them unexpectable to suceed
copper member
Activity: 126
Merit: 1
WWW.BLOCKCHAIN021.COM
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 it's quite effective? Projects and ICO's are really achieving success and though the market seems not appealing, still, we can consider that ICO can be successful when investors are present. What is too bad is that, scam ICO's actually gain millions of dollars of fund.
legendary
Activity: 2058
Merit: 1166
ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit  but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money. 


Not much advisable. If you are more sure about their product and its demand, its team and how strong they are at their business. Not every ICO would yield a good profit. We really had so many ICOs last year. Few were legit and few were scams. Better to invest in the existing coins. Choose the best coins top rated with good volume. The more you invest, the more profit you would get in return.

You can either go with existing coins or with new businesses that have a revenue sharing token.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit  but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money. 


Not much advisable. If you are more sure about their product and its demand, its team and how strong they are at their business. Not every ICO would yield a good profit. We really had so many ICOs last year. Few were legit and few were scams. Better to invest in the existing coins. Choose the best coins top rated with good volume. The more you invest, the more profit you would get in return.
full member
Activity: 342
Merit: 110
ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit  but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money. 
member
Activity: 518
Merit: 11
Yes , if it is the end of the bear market all ICOs that are now starting  soon or in a few months can be a very good investment
but for now ICO has not improved and a lot of bad things have happened when investing in ICO.
ICO is currently bad and many of them fail and there are also many ICO frauds, so if investing in ICO it is very worrying and must be very vigilant.
yes ICO will not always be like that, so maybe in the future if the market has improved and fraud has declined, ICO will be good for investing.
jr. member
Activity: 364
Merit: 2
Yes , if it is the end of the bear market all ICOs that are now starting  soon or in a few months can be a very good investment
full member
Activity: 686
Merit: 131
Well, at least they are offering to return money.
There are many who literally just disappear.

Overall, I still think ICOs are a great way to raise money.
The biggest benefits of blockchain tech is it allows p2p interactions that are secure and globally distributed.
Going straight to the buyer through an ICO is exactly what crypto is about.

However, due to the market conditions, I think it is just foolish to rely only on ICOs.
From an investor standpoint, ICOs haven't been profitable for over a year now.
From the developer standpoint, it is not a reliable way to raise funds anymore.
So the fund raising should be combined with VCs or angel investors.

This way long term success can be guaranteed and everyone wins.
member
Activity: 266
Merit: 10
if not for the fact that some bad nuts in crypto are using ICOs to scam innocent investors raising funds through i
ICOs was one of the cheapest ways and also very fast ways to seek for financial support all around the world. Some folks have tarnish the ICO image and now most folks see STOs to be secured way of raising funds other than ICOs.
legendary
Activity: 2058
Merit: 1166
ICOs are not safe anymore for both investing and raising money. Scammers collect money and run away after the end of ICO. Intrachain is a perfect example for this case, they don't even answer to messages on social media and their telegram group are full of crying people about refunds.

It is still a good method to raise money, but it has become much harder. You need to put more effort into your preparation in order to convince investors and the is a good development.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
ICOs are not safe anymore for both investing and raising money. Scammers collect money and run away after the end of ICO. Intrachain is a perfect example for this case, they don't even answer to messages on social media and their telegram group are full of crying people about refunds.
newbie
Activity: 101
Merit: 0
Imo ICO has become obsolete.. I believe that a project should start with private sale like tap network did and then maybe do a IEO like beatzcoin. Things are similar in the traditional market and I strongly advocate that we should continue this way
full member
Activity: 948
Merit: 110
Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief
Right, because of that people make and run ICO everyday with kind of promotion technique and project plan. ICO for the first time is a great way to raise funds, but unfortunately right now it has been polluted by scammers. At present, ICO is a laughingstock for some people because it is highly likely that it is run by scammers.
member
Activity: 598
Merit: 10
Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief
Yes, in 2017 the ICO was a golden period, because at that time most ICOs were successful and rarely heard of ICO fraud, in contrast to 2018, the more Bitcoin rose and was very valuable that's where the initial ICO fraud sprang up to lie to Investors.
jr. member
Activity: 266
Merit: 2
Absolutely, I mean, that is the main reason why projects undergo ICOs. Most projects see ICOs are a Way to raise some funds to begin project development. While some have been very successful raising funds from ICOs, others have found little success and have had their plans suspended. In all, ICOs are a great way to give project developers a head on start.
member
Activity: 280
Merit: 14
Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief
member
Activity: 921
Merit: 10
I think that before it was one of the best ways to raise funds, but due to the fact that this method was based essentially on the trust of the investor and the developer, there were many scams and now this method has ceased to be as relevant.
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