Failed Projects Returning Investors Money - page 3.

Untomabur

member

Activity: 669

Merit: 10

Quote from: cryptothief on June 05, 2018, 08:07:19 AM

I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

I also have followed the pre-ico, and ternyatta ico is failing in the middle of the road because dev can not compete, and ultimately uan gsaya returned, 80%, but honestly I am disappointed, also afraid to lose my investt money considering the many projects scam ico, hopefully You get a project that is classy and qualified to succeed in front of it

idioma1

newbie

Activity: 266

Merit: 0

Yes, they brought all money back but i had to wait for a long time. But i understand it takes a lot of time to send money back to all investors.

AgentZero23

member

Activity: 644

Merit: 10

Quote from: cryptothief on June 05, 2018, 08:07:19 AM

I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

It's a good thing that some projects are honest and will not fooled their investors. I have joined many projects that have failed to collect enough funds to get the project moving. It's unfortunate that some legit project that have solid product didn't get enough support. And some scam projects managed to collect huge amount of funds and then just disappeared. And I hope you will received your refund.

konflikkastil

member

Activity: 879

Merit: 10

Sovryn - Brings DeFi to Bitcoin

yes, i once invested in ico, about 1 month after ico project that i follow no news at all telegram them very lonely, but after 1 month then i get an email if the money we invested will come back and that's right i get my money back with the same amount

Denlv

member

Activity: 350

Merit: 39

dApps Development Automation Platform

Yes for now its normal with me same happens month ago what i invested i get back project name is hybrid betting very dissapointed about that...this is becose market is unstable now and btc,eth price they cant collect they soft cap and ico is pause for market recovery.

binhvo1505

member

Activity: 728

Merit: 11

https://streamies.io/

Quote from: cryptothief on June 05, 2018, 08:07:19 AM

I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

I think that will take a long time because this is an anonymous market, they can also steal your money and leave. Hope you do not over expect your money back. Please continue to look for good ICO projects and invest in them to make a profit. Rare Refinance Projects for Crypto Market Investors

Taniya1901

newbie

Activity: 154

Merit: 0

Yes, normal decent ico, which did not collect the pool, give back the invested money to investors. Some get lost and give nothing. And there are those who specifically collect pool, though is not going to release any products

reversemartingale

newbie

Activity: 76

Merit: 0

I dont think so that they will return your money after you bought from them lol. you ll be lucky if you get your money back as most devs are greedy

Bharathi13

member

Activity: 368

Merit: 25

The Standard Protocol - Solving Inflation

You are lucky you got your invested funds back the Heartbeat team must have good inner values and guts to return the money of the investors. Most of the ICOs are turns out to be scam, Last time I participated in IONCHAIN ICO, they collected the funds and launched on the IDEX and you know what they sold tokens of the team members which were supposed to be locked for year and unsold tokens which were supposed to be burned. IONCHAIN turned out to be scam and runaway with all the funds collected with the ICO and exchange. Some ICOs are good but some times they don't receive the supports from the investors and they failed. Some ICOs have good concept but they fail to reach their soft-cap, I have seen ICOs which failed to reach their soft-cap have returned the collected funds of the investors like Swappy & one more name i am not recalling & this is what we call values. Whenever team members of that ICO will again launch another project the investors will be confident that their funds are safe with that team members

jpnl0004

newbie

Activity: 198

Merit: 0

You are very lucky i guess scammers have no consequence while doing their evil deed when a project fails everything disappears into the thin air and its all gone so congratulations on your recovery

freakcoins

newbie

Activity: 188

Merit: 0

Some i know that the project fails they will gone, and you cannot found it anymore without returning your investment if there are projects that failed glad the investors get back their money if their is..

Lareina

full member

Activity: 430

Merit: 100

This is a relatively good result. After all, not every ICO project can raise success. This requires the support of most people.

darmawan_lasuara

member

Activity: 280

Merit: 10

Sometimes there are some projects that do not work, and we need to keep appreciating the team and developers for being honest during critical times. Although you may lose some of your money, but I think that's better than you investing in ICO scam.

sumaneaiyandiya

newbie

Activity: 98

Merit: 0

So far I didnt experience any tasks that truly come up short and discount for us, however I encountered a lottery venture, brilliant billions that really completed an agreement that enable speculators to discount 90% of our ETH contributed and that is quite cool, in any case that undertaking has bug in their wallet and they couldnt extricate those solidified finances as well, squandered undertaking and fishy designers yet I was glad to get 90% of my speculations back as a decent exercise

cryptoblezin

newbie

Activity: 278

Merit: 0

You are very lucky in this crypto space. Many ICOs do run away with people's money if they feel they won't be able to succeed in the project that they already embark on. And even some projects came into existence with the intention to scam their investors. It is rare to see a project that fails and return back funds to the investors. Any project that failed due to one reason or the other and refund investors' fund, it means they are legitimate team behind the project. That is one of the reasons why one really need to research well about a project before investing and have full conviction that the project is real and legit.
Be happy that you are as such a lucky person.

Cryptomania098

newbie

Activity: 140

Merit: 0

There are many ICOs out there that I still respect alot and I give kudos to them for their honesty. Some of ICOs which I participated in that folded up still return our money, tho, it might be at loss but they still summon their courage to refund investors money. KUDOS!

jayyen

jr. member

Activity: 112

Merit: 1

This is very good and it speaks well of the industry. if you collected money for a project that will bring a lot of returns to investors and was not able to execute the project,the best thing to do is to return money collected to their respective owners.This will boost their trust and anytime, they will be ready to invest in any ICO project. I like the moral integrity of such ICO projects.

Babyrica0226

sr. member

Activity: 854

Merit: 252

In my observation now in the flow of ico past from last year, only few ico do that things in terms of returning the capital investment of their

investors. Due to most of the ico nowadays are running away suddenly and never give any updates about their projects. Until most of their

investors got frustrated and disappointed.

luckybar

jr. member

Activity: 62

Merit: 3

Most ICOs never refund money, consider yourself lucky to be involved wit ha high integrity team if they actually do this.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: forutba on July 17, 2018, 11:35:54 AM

i received my investments in ethereum and i think i was around minus 40% in fiat, but who cares if i invested ethereum and received ethereum back, i hope will be in future less scams and delays in icos. Overall i like icos.

Still good thing instead of having nothing and being scammed all the way, those ico project who refunded their investors are great, as many project was been created and just do nothing but sucking investors money, better to be thankful and reinvest that money though its lesser from its original value in fiat but you can still use it for another investment inside crypto.

Topic: Failed Projects Returning Investors Money - page 3. (Read 858 times)