Topic: Does ICO developers truly believe in their projects - page 7. (Read 689 times)
If you do not take into account the scammers, the developers of course believe in your project. I guess really educated people have a certain strategy how to deal with the tokens of project, how to implement such a project, etc.They have to keep everything under control, to develop and promote their idea.
what ICO developers believe in is the fact that they can get a lot of newbies fooled to invest in their useless token they have just created after putting the least amount of effort in. that is why we keep seeing new ICOs and as time goes on they become less and less useful.
Unfortunately such a big hype and demand around ICO become a reason of losing interest of developing the projects. It become so easy to raise money during ICO that developers lose their motivation to work hard.
Some are definitely just laughing. Purpose to collect money. Once you have this, the project will go where it will go for a while.
It depends on the initial idea of the startup. If they just want to scam people and run away with their money then of course they don't believe in their project. But if they are serious and really want this startup to grow and become a big company then they do believe in it and work hard to make it happen. Besides that the main idea of the ICO should be good so that people will also take interest in it and invest in it.
Basically when we invest money on something that time we decide that it will worth to invest or not based on this ICO projects investor also judge this thing and they need to wait for it.
I don't think every developer started out as a scam, at some point the developers realized that their project was too much for them and decided to turn it into an investment, in the end, I can't judge them since the purpose of any company is to make money, but they have to be more realistic and more retrospective with their ambitions, since failed projects like that affect thousands of people.
Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
thats not a good way to increase the value of the tokens,,
project dev team should increase the demands by developing the project in right directions
because as i know all money collected from the crowdsale is used to develop the project my friend
Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
If it's not a scam, of course they believe.
Creating a ico project is creating a company. There are many risks involved, and the owner of the company is the one who is investing his time and money at the initial phases. The ico may not even cover his costs if he doesn't do it well.
In my opinion, the main thing is for investors to trust and see the growth potential of the currency in which they invested
Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
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