Don't be too quick to judge ICOs - page 3.

eaLiTy

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Quote from: ?? on ??

Most ICOs cannot survive in the market obstacles and challenges thats why it is not worthwhile to invest. There are analysts saying that participating in that kind of project is just a waste of time and effort.

Only a few projects went down because of regulatory issues but majority of the ICO we saw in the past are scam and the only intention for them was to collect funds and then show something that you are working hard after getting the funds and the drama will continue for a few months and by that time the developers start pumping the coin in the market and then when they feel like they attained the target valuation they will dump everything.

@OP i would like to see 10 projects that made it through every obstacle and became successful Tongue

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daporivera

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I totally agree with you. The 99 percentage scam level attributed to many ICO is so untrue. It’s therefore advised that enough patience is exercise while a project is at inception rather than making false conclusions

huu78

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Yes, I agree not to blame the ICO completely but the mind of the person considers the failure of the ICO because the targeted funds are not up to.
And eventually, they would not have to return the funds. But for most, they carry a blurred fund and cause the ICO to be bad.
That's why IEO is now more popular than the existing ICO on the famous top exchange.

Inu.Guren

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Quote from: ?? on ??

Most ICOs cannot survive in the market obstacles and challenges thats why it is not worthwhile to invest. There are analysts saying that participating in that kind of project is just a waste of time and effort.

that's not just a factor can make ICO project can't survive in market but more than that, one other reason is the developer is not really want create their service like ofered when starting crowdfund and give nonsense to investor, and as we know after 1-2 year the project are dead

meliodas

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Quote from: mdzahed134 on October 16, 2019, 12:01:17 PM

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.

Right, all of them aren’t scams ICO at the moment that means majority of the ICO are failed. But it’s true 99% looking promising ICO's was scam in the last year you have believe it. In generally many people’s thinking if any project will unable to minimum raise which is scam because they didn’t get reward it’s very common thinga right now. But recently there are no success ratio in ICO projects. Everyone know that to find out success ico is very rare.

The era of ICO is already dead. The mainstream right now is the IEO which they are ICO but they are directly offered in exchanges and it is convenient since after the IEO, you can easily buy and sell the cryptocurrency that you bought. Even though there is a new type of coin offering, the basic principles still apply, just do your research first to completely understand the project and if the coin is worth it, then just invest the money that you can afford to lose.

mdzahed134

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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.

Right, all of them aren’t scams ICO at the moment that means majority of the ICO are failed. But it’s true 99% looking promising ICO's was scam in the last year you have believe it. In generally many people’s thinking if any project will unable to minimum raise which is scam because they didn’t get reward it’s very common thinga right now. But recently there are no success ratio in ICO projects. Everyone know that to find out success ico is very rare.

asus09

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I not judge an ICO have according the rule made by team and owner ICO still running, but if they have break the rule and ICO not running during with how road map schedule list I will judge and complain for ICO owner what happen with their ICO, now many ICO never can't trust with delay for listing and not according what have their promised with exchange market listing.

agentx44

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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.

I agree. Most of the ICOs are scams but not all of them. I have experiences which can prove that some ICOs can really be helpful and successful in some ways. If you've always been on an ICO that is a scam, then you would definitely conclude that all of the ICOs are scam. You should first be careful on picking which ICO to join and support so that you can experience and recieve good profits from it.

aomakun

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Quote from: mauriek on October 16, 2019, 10:05:39 AM

I agree with what was conveyed by the OP in this thread, we should not immediately assess the ICO project as a scam, give them time to develop their project. I have seen a ICO project for first they were accused of being a scam but in the end their project became a project where their tokens have good value in the market.

sometimes it can happen because of a lot of bad assumptions that people say. in this case a developer must be able to ensure that their project is truly genuine to investors. therefore to do the analysis should look at some developments about the project first and then find certainty about a project.

Argoo

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In general, the idea of holding a fundraiser in the ICO format itself is pretty good. Thanks to the ICO, everyone has the opportunity to participate in the improvement of cryptocurrency and this method is the most simple and convenient. However, in order for ICO activities to work and develop normally, certain conditions are necessary, including the regulation of these activities by states in order to avoid such a high level of fraud, which exists now.
The decline in popularity of ICO projects is now also associated with the poor state of the cryptocurrency market and therefore investors now do not risk investing their money in ICOs.
I think that a good time for the ICO will be back.

mauriek

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I agree with what was conveyed by the OP in this thread, we should not immediately assess the ICO project as a scam, give them time to develop their project. I have seen a ICO project for first they were accused of being a scam but in the end their project became a project where their tokens have good value in the market.

bryant.coleman

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LOL... who is too quick here?

For my part, I have analyzed and studied ICOs ever since 2017 (although many of the well known ICOs were listed before that). And my conclusion after 2-3 years of study is that it is not worthwhile to invest in the ICOs. And trust me, I am not saying this in a moment of rage or sudden depression. I have spent on average 2-3 hours every day in the cryptocurrency market for the last 7 years. And that totals almost 5,000 hours. If you disagree with me on ICOs, then please tell me how qualified you are to make that judgement.

gaston castano

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yes but people's thoughts are different and this makes it difficult.
I have also seen several ico who failed to collect their softcaps to return investor funds, and did not cheat them or the like, but most of now it is fraud that makes ico bad, and people are turning to ieo now

Patrix_1

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Not 99 percent, but something close to it. I consider an ICO as a scam, when it fails to get listed on exchanges within 2 months after the sales, when exchanges have poor trading volume, when team is not following their promises and when the price makes -x10

shaheer001

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Good post you are absolutely right due to bearish crypto season maximum ICO which were not scam were faille due to no internet by the investors and many did not get the soft cap.

perla

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Quote from: d3nz on October 11, 2019, 01:36:17 AM

You didn't experience what have have gone through. We've been scammed for many times by an ICO campaign and that is why it is so hard to trust some of the project.

Well some are good and have potential and worth waiting for the price to go up high.

Right, a lot of project from ICO looks like stopped or maybe developer leave it after get money from investor. And only a few or maybe it can counted which one is success or stay in market at least for longer time. Maybe for ICO, it is neccesary for us to do deep research first before join.

d3nz

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You didn't experience what have have gone through. We've been scammed for many times by an ICO campaign and that is why it is so hard to trust some of the project.

Well some are good and have potential and worth waiting for the price to go up high.

Ferris419

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Quote from: cutesgirl on October 10, 2019, 10:47:58 PM

Quickly judge an ICOs is not good becasue many ICO waited until one year listing on exchange market and have higher price, last success ico is TCO where listed after one years ico ended and now have higher price than ICO price time, not all ico listed with a long time have trouble but they want to make good planning with their coin after listing with higher price.

You are right! Some ICO projects ended years ago and they are listing now and doing very good. I have known the TCO coin project, the previous name was Think Coin. I gave up on this ICO because there was no update for a kong time. But when I saw it's price on DigiFinex exchange, it shocked me! After 90% down, TCO's present price still higher than ICO price, which is very rare. Therefore, Mb8 coin is another gem at this moment where MB8 ICO was ended on Q2 of 2018!

cutesgirl

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Quickly judge an ICOs is not good becasue many ICO waited until one year listing on exchange market and have higher price, last success ico is TCO where listed after one years ico ended and now have higher price than ICO price time, not all ico listed with long time have trouble but they want to make good planning with their coin after listing with higher price.

HabiebRiziq

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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.

That's right. We do not need to rush in judging a project is a scam project. I personally think the large number of people participating in project scams makes it easy for people to think that 99% of ICO is a scam. I personally do not agree with these statistics, because there are several other projects that are running and continue to develop the projects they bring.

Topic: Don't be too quick to judge ICOs - page 3. (Read 19854 times)