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Topic: Does ICO projects became an April Fools? - page 4. (Read 547 times)

legendary
Activity: 2982
Merit: 1069
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There has been an active team of scammer who are using ICOs as a mean of scamming money out of people.
These scammers is one of the reasons why crypto is not recovering as thought it would be.
There was a time when people blindly believed crypto would make them rich but with changing time people have realised that ICOs are just another investment option.
member
Activity: 406
Merit: 11
That why we need to be more selective if we want to invest
many project really amazing with out of mind project, like robotic and bla bla bla
it will ended with nothing
member
Activity: 532
Merit: 11
♦♦♦♦♦
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
legendary
Activity: 1554
Merit: 1054
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.

Oh well, that's what majority of ICO is, so don't be surprised.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.
Don’t be too over confident mate that the fact it is an IEO project means there can’t be dump, to me, IEO even seems to me like the easiest way to really experience dumping because most IEO projects when launched on the exchange increases in price to almost 5x.

I learnt some even give upto 100% profit, this will make a lot of investor quickly think of taking profit and they will no longer wait for long term or hold it. If I too participate in an IEO project and it gives me 100% increase, I will dump the coin too and move on to other project rather than waiting for a very long time to see my profit compound.
jr. member
Activity: 417
Merit: 1
That is why we should be very much watchful so as to avoid scams and put pressure on any company to make its promises fulfilled. There are many such projects which have made big promises during ICO and sales. But they have become lazy when the times come to implement their ideas and promises. So we should put pressure on them to push their agendas and promises through various social medias. It is also our responsibility to make things happen.
sr. member
Activity: 2030
Merit: 269
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.

It's April fools day throughout the years  for all these ICO coins, no hope for these ICO now, better pick the best one and go for IEO, investors are now going for IEO, maybe the days of ICO are numbered there are to many scam ICO now, all the tokens I've received are all shitcoins and useless token.
hero member
Activity: 2268
Merit: 507
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April 01, 2019, 07:15:01 AM
#9
Even how hard you are monitoring them.
If they already have planned to abandon and dump the project.
It will reflect soon even they are talking that much on how good the project is.
member
Activity: 1302
Merit: 25
April 01, 2019, 07:11:52 AM
#8
Such analysis of ICOs as April fools seems to come out as what today is. I understand the ICO that Op is coming to. That icos disappear or are like joke but they with people's money just like that and this is not a good experience just like the effect of April fools if you are actually hit by the April fools.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
April 01, 2019, 07:05:29 AM
#7
i honestly have never seen any ICO that has ever been "promising". there has only been cases where the team showed a better capability of pumping their useless token but none of them had any future from day one and that part has always been too obvious for me and it is now obvious to everyone else too as they have seen their demise over the past year and also seeing how the new ones don't even live to see the light of day.
copper member
Activity: 648
Merit: 159
April 01, 2019, 06:58:41 AM
#6
Yeah, sometimes is like that. Anyway please don't invest in ICO that make an impossible promise. In my opinion, every ICO that promise ROI more than 100% in a month or create something that not even invented yet yadda yadda yadda is a scam.
Some of them are really great though, make a reasonable promise and fulfilling what he promised. Always do your own research before making an investment.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.

IEO has its own advantages though like it's listed on an exchange if they want their coin listed they have to complete KYC first so that's being said its almost impossible the team behind that coin/token is fake.
hero member
Activity: 2842
Merit: 772
April 01, 2019, 06:54:22 AM
#5
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.

Oh well, that's what majority of ICO is, so don't be surprised.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.
legendary
Activity: 3038
Merit: 1024
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April 01, 2019, 06:53:00 AM
#4
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.
Not sure about that but it looks like they are all still feeling worry about the condition of the crypto market. Some team may delay its listing. But we must always try to monitoring all of those guys. We will see what will happen after that.
member
Activity: 784
Merit: 10
April 01, 2019, 06:48:49 AM
#3
I think even its not april fools day, they just not true to their words and they just put all their member in the state of hoping. Even the true allocated value for their bounty projects does not coincide with the real value after their ico project. I hope to see changes on the ico projects in the near future.
full member
Activity: 625
Merit: 100
April 01, 2019, 06:44:24 AM
#2
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.
full member
Activity: 686
Merit: 125
April 01, 2019, 06:37:07 AM
#1
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.
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