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Topic: Does ICO projects became an April Fools? - page 3. (Read 512 times)

member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
That's true many projects are so like April fools they are good in the first place but in the end they gone like a ghost. That's why it's really important to find real projects and have good product that will use in crypto. We need to be smart to choose the project that we want to participate.
legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
The above statement is correct about some coin; their management team only talk and strategize during ICO. After ICO, when the money is in the pocket they go dumb. The greatest they will do is to list on an exchange and they are off while few keep to their words this days.
That's usually happens to an ICO which quite fishy and is undesired by many. I wonder how they get that much people for fundings but that kind of ICO that becomes silent after pocketing all the ICO money usually are not as responsible as other legit ICO.
jr. member
Activity: 466
Merit: 5
The above statement is correct about some coin; their management team only talk and strategize during ICO. After ICO, when the money is in the pocket they go dumb. The greatest they will do is to list on an exchange and they are off while few keep to their words this days.
full member
Activity: 588
Merit: 104
Many ICOs are very disappointing as they are not delivering their promises and they are not profitable as they were before.
Only 188$ million was invested in ICOs during the Q1.
jr. member
Activity: 172
Merit: 1
This your write up perfectly illustrated the reality of many ICO projects. They will be super excited during the fund raising and promise heaven and earth but after, the excitement will drastically go down and they will be giving many excuses about the reasons why things are not going as planned, it is an highly pathetic reality that one will not want to experience
hero member
Activity: 2912
Merit: 642
And what is their promise?

There is a roadmap into which they should follow.
If they not in the right route anymore then you know what it means.

Dont look for promises but instead look for token which will have a real good feature at the end of its campaign.
It is just like voting a senatorial candidate. You must know them deeply first before making a vote that will be for the future of you and the public.
member
Activity: 1204
Merit: 38
I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
we need to be more careful in this month only because there are lots of options available for us to our investment so I think the investment on ICO not been successful anymore because if we had a lots of Trust while investing but when the days are going through the months then the trustable reducing that's where the problem is creating with the ICO investment.
jr. member
Activity: 518
Merit: 1
I myself is a victim of many scammed ICOs, which I got big signature bounties, most of all turned scams, telegram groups of those ICOs are turned to be without admin and filled with porn videos users, scam links, fake bounties links.
sr. member
Activity: 868
Merit: 251
Some internet sites. Buy mostly here in announcements. There is a lot news about new ICOs and information about old ones. I scroll it, I read it, I research it and analize it. And them I'm making my decision. So I didn't find anything better then this site to search a new ICOs.
sr. member
Activity: 1246
Merit: 255
They are not all April, those that made the fooling on the April 1did just to catch the fun of it, but I don't know about those who may create a fake ICO,I believe that fooling would be too much, it could open people up into scams and hackers.
full member
Activity: 1498
Merit: 146
I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
Don't trust anybody because all the slitters is not gold so even if a project team looks too responsible it doesn't mean they are good,they are giving much effrot to scam other with perfection. Cheesy
full member
Activity: 602
Merit: 101
Lol most of icos project is doing like what you said, he just let all of their investor to wait wait and wait but in the end they will dissapointed all of the investors who really believe since beginning in that ico project.
full member
Activity: 932
Merit: 100
arcs-chain.com
There are many such projects, they start the project excitedly, but at the end of the projects they are like dead. No updates, no support, no interaction.
sr. member
Activity: 509
Merit: 250
Yes, managers run out of such projects, because they do not get their salary. If they continued to pay, they would continue to respond to your messages. I do not think that such people have shame. After all, they are protected from punishment by a great network.

Good example of the side effect of no long-term vision for the project from CEO side. They didn't sell any Ether there got from ICO now they really run out of money too fast, sad but true.
sr. member
Activity: 854
Merit: 250
the project good when on ICO process only, after ico success it become april fools like you said before
but not surprised at all , many ico look like not getting serious to work on their project
Only a small number of projects can afford to be able to run their project because indeed the average does not match what they promised, and nowadays it often happens where many people get losses
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
Good timing with the name, so you saw april fools everywhere and you suddenly realized "wait a minute, some ICO's are so bad that they could literally be considered an april fools"? Cheesy. That is really hilarious. I have seen some "joke" coins to be honest, https://uetoken.com look at this for example, dude literally created a joke token and told people "you are giving me money and that is it" and people literally gave him 50 thousand dollars for it, they didn't get anything back it was just pure fun and named "useless ethereum token" and people still funded him.

So yeah, if you talk about these type of joke tokens they do exists and I find them amazingly fun to check, people who gave these guys money knew what they were doing, they didn't expected these coins to get high one day they literally just chucked and throw away their money to him so I see no problem with it.
legendary
Activity: 1204
Merit: 1028
I have always judge many of these projects too by this until recently I learnt not to judge every project that has dumped as being completely gone and dead, one of my mentor made me understand that some projects purposely dump the coin themselves so a to keep it relevant in the market till the market picks up.

I have also read this quite number of times but what I don’t know if this is the real situation or it is just a made believe thing, many project developers has been looking for a way to prevent their coin being dumped, initially many don’t enter exchange immediately till their project is perfect but some enters and gets dumped, so the only corrective measure is for them to dump first and still keep the investors in the coin.
full member
Activity: 868
Merit: 100
Well ICO's were not like how it used to be earlier. Now it's more like promising more and delivering almost nothing. On top of that these Airdrops and Bounties just flood the chat room on Telegram where all you get to see is when the coin/token will be listed, what's the price of the token/coin, why I did not get my coins/token and so on.

We need more concrete stuff and I think we have to do a lot of home before investing our time and money.
hero member
Activity: 1358
Merit: 509
ICOs no longer gain reliability. Even good projects are sold under ICO, they encounter the same result. And as time goes on, they are getting worse. Let's hope with the return of the bullrun, ICOs will also recover.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
  The development team and potential of ICOs are very important. You need to know carefully before investing. Otherwise you will be fooled very easily. Many ICOs stop working. Their development team suddenly fell silent. that is really scary
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