Don't be too quick to judge ICOs - page 25.

manismanja

member

Activity: 518

Merit: 11

Quote from: dvdrewritable on June 01, 2019, 07:49:28 AM

You said correct but now a days maximum ICOs do scam that's why people have nagative aspect of ICOs. Sometimes they missed real ICOs just for their negative thinking. Any way i also say that we have to change our mind and for select any ICOs must do research their project plan and team then participate.

a lot of negative news that makes a lot of people think negatively.
ICO is not entirely bad and in my opinion he can still improve so before you try it do not think negative first, because it will not necessarily be bad.
a lot of fraud but that does not mean that all fraudulent products still have some goodness and can develop well, if we want to find and research them.

dvdrewritable

member

Activity: 280

Merit: 13

You said correct but now a days maximum ICOs do scam that's why people have nagative aspect of ICOs. Sometimes they missed real ICOs just for their negative thinking. Any way i also say that we have to change our mind and for select any ICOs must do research their project plan and team then participate.

labenea

jr. member

Activity: 327

Merit: 1

The Standard Protocol - Solving Inflation

yes indeed not all ico are fraudulent but almost all end up in fraud, I often experience this or maybe I am not careful before joining them at that time. but currently I personally prefer the IEO rather than the ICO, the risk of fraud against the IEO is smaller than the ICO.

trauchot

member

Activity: 1764

Merit: 10

I completely agree that not all ICO`s are scams, but unfortunately a lot of companies conduct ICOs and then simply disappear and it is impossible to find them at all, so now we need more better to study each project that holds ICO in which we want to invest.

farlack

legendary

Activity: 1310

Merit: 1000

I am not too quck in judgement, but you know, there aren't other options when your asset drops to 0 price. I think that we need to judge ICOs with real product

rdewilde

full member

Activity: 925

Merit: 100

I tend to disagree to a certian extent, most ICOs are scams infact majority of them.
It is only in ICO you will see a project achieving Hardcap and still refuse to list, with the excuse they are working on their project which then runs into months.
Some will achieve Hardcap and still list on terrible exchange, then abandon the project altogether.
Most will just exit scam, infact there are many ill activities in ICOs, only a little percent of ICOs really offered what they promised at least to a certain extent.

But in IEOs investors now have the power to chose which project to support or not without bothering about when they project will list etc.

EdvinZ

sr. member

Activity: 994

Merit: 260

Many ICOs are not fraudulent projects because they offer interesting and creative solutions in the field of blockchain technology and other digital solutions. It was just that some ICOs were conducted only for the purpose of fundraising, without further development, these cases and spoiled the reputation of ICO. When an investor wants to participate in an ICO, he must carefully study this project, then the understanding of the process improves and the opportunity for profit increases.

Iykecollinz

copper member

Activity: 294

Merit: 1

I am still of the opinion that finding a very good ICO investment at this time is like looking for a pin in a haystack, it may not necessarily be that the developers intend to scam but they are befallen with the same investors mindset that ICO's hardly succeed, so it would be difficult raising their softcap much more the hardcap, so they are handicapped and do not have enough fund to continue the project, a lot of things like listing in exchanges, paying advisors and other promotions are all capital intensive and goes a long way to strain the project. It it were when hardcap is not difficult to raise a lot would have worked smoothly

DmitFomin

jr. member

Activity: 280

Merit: 3

BTC $1 mln.

Most people who invested at the ICO stage saw that their tokens became much cheaper after entering the exchange, so they consider the project to be a scam. But I think that this is due to the disappointment that during the ICO, investors are promised more than the team can actually do. By the way, the cryptocurrency market has begun to recover and there is a chance to see the revival of those projects that conducted ICO in 2018, but their coins are now very cheap.

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

Quote from: pelumi20 on May 31, 2019, 10:13:37 AM

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

No, I do not think so. There are many projects that have achieved softcap and they still don't want to pay tokens to investors. Buddy is an example. They listed on exchange and started operations, but they still insisted on not paying tokens to investors.
ICO is really not a good area for investors to put money into.

ukloon

sr. member

Activity: 798

Merit: 281

Most ICOs are labelled scams because either they fail to deliver a product that was initially marketed, or the price tanks and doesn't come back up again. This means they failed rather than scammed investors

Al-e_x

member

Activity: 560

Merit: 11

I agree with you, because there are also many good ICOs that provide profits for investors, so it's better to first study the ico before judging it

rizkyrz

sr. member

Activity: 560

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

it's true that not all ICOs are scams, don't be easy to judge an ICO and also too easy to believe. Do a review, research and various things to find out more about whatever ICO is. Sure, there must be ICO which is also good.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Tervelatuk on June 01, 2019, 03:12:50 AM

Quote from: mbluxs on June 01, 2019, 02:53:47 AM

Quote from: jessyj48 on June 01, 2019, 02:14:14 AM

Noted ,and that doesn't mean there are no scam ICOs either ,in fact there are many projects that are here to SCAM only ,I know all projects are experimental ,they can fail or succeed its still all about getting lucky

As a result of the many lists from ICO that are indeed problematic, many people certainly do not look different from the new ico. because they also do not offer a change in concept that can provide new appeal

and now only less ICO occur in market.most of new projects prefer to held IEO in exchanges so it will attract big investors that trust to their projects.IEO offer different concept in crypto investment.

Less ico occur in the market ? Lol No thats not true . there are still infact lots of ico in the crypto market even if its known that lots of them are not going to be really succesful at the end but yes your right that ieo's are the ones that are now in the headlines because people thinks that ieo are more safe . i think ieo is still the same as ico because the value of your asset can still go down , this is why i agree on what the op have said that we must not judge the ico too quickly .

dipeco

copper member

Activity: 210

Merit: 1

People are very likely to judge ICOs from their first look. If our community sees something strange or even if anything is getting prolonged, people are saying that the project is a scam. Invest some more time in researching projects.

sngwinner

full member

Activity: 432

Merit: 100

Well, this is definitely true though but per my experience, more than 90% of ICOs are scam. Some of these ICOs are packaged in such a way that it will be extremely hard to identify it is a scam until it turns out a scam. You may meet some legit ones but before you meet one, you might have been scammed like 4 times so why risk it

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

you are right. not all ICOs lead to scams, or anything like that. too quick to draw conclusions can also make our minds become chaotic. besides, finding information is important. in fact, I am used to seeing people who say ICO scam in the middle of the road with false information. therefore we must be careful in this matter.

Tervelatuk

member

Activity: 636

Merit: 11

Quote from: mbluxs on June 01, 2019, 02:53:47 AM

Quote from: jessyj48 on June 01, 2019, 02:14:14 AM

Noted ,and that doesn't mean there are no scam ICOs either ,in fact there are many projects that are here to SCAM only ,I know all projects are experimental ,they can fail or succeed its still all about getting lucky

As a result of the many lists from ICO that are indeed problematic, many people certainly do not look different from the new ico. because they also do not offer a change in concept that can provide new appeal

and now only less ICO occur in market.most of new projects prefer to held IEO in exchanges so it will attract big investors that trust to their projects.IEO offer different concept in crypto investment.

Dpat

copper member

Activity: 798

Merit: 3

When at the time of 2017 the bull was running then many ICOs are pooled money for their project and most of them are very legit but few are fake. But today the fake ICOs are coming more and even they are not paying for their bounty hunter. So, it is going to be a tendency of every investor to judge the ICO as fake at very quick.

Clark05

sr. member

Activity: 1274

Merit: 263

People said that because they already lost what we have because of the ICO. But out of thousands of ICO who started last year ago and now do you think how many of this are legit? Of course only few and mostly is scam. Most of us are jidgemental person and even. People trust in ICO was already not good because of the scammer who use ICO for their own interest only. Scammer is the root of all of that.

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