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Topic: Feels like we are going ICO round 2 all over again - page 4. (Read 592 times)

sr. member
Activity: 1526
Merit: 251
it is at their own risk to join such a project.
So they did it on their own terms, anyone can lose and win if they join Fomo like this.
must be prepared with the risks, because this is like a bubble that is ready to explode at any time.
hero member
Activity: 1442
Merit: 775
After ICO the crypto market has IEO.

Now, it is all about DeFi. After DeFi, what will be a next one? CeFi as some people tried to spread the confusing term or a different term but with a very minor change from DeFi or CeFi. Do you think about any name for the future trend?

ICO - IEO
DeFi - CeFi - next ?

They are only names and you can forget about names as long as you can see the scam method is the same.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
Expect for those things to happen.Everything in DeFi now is hot and on the trend and it wont be something new if this will follow into the tracks of ICO once again.

So for investors out there then they should really be careful because anytime these hype will collapse and would really lead you into deep loss.

Better to be wise and smart on taking advantage with the hype and secure profits and never look back.
hero member
Activity: 2842
Merit: 625
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
We're in a circle.

And what we're looking at is the same hype as the ICO did. But did it last long? no. That is the reason why other speculators see that the same fate will come next to the defi projects. Scam projects will proliferate this industry and investors will keep away from it.

The established will stay but mostly won't.
copper member
Activity: 966
Merit: 5
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again

You are right about most projects which are listing on Uniswap now, a good number of them do not have a functional website or adequate whitepaper, let alone use case, their only attractive feature is the low supply which they uses to attract investors. Although no one is forcing anyone into investing in any of these coins, but I think carefulness is highly needed at all times.
Also, comparing the era of ICO to what is being experienced in the DeFi space now, I think there is a correlation between them and that is, DeFi hype is going down rapidly which shows that nowadays a project will need to offer more to investors to convince them into investing.
And lastly, many Defi projects will die especially those that failed to present an attractive use case just as seen during the ICO era.
hero member
Activity: 1316
Merit: 503
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
I agree. Now that investors are flocking to try to get into projects with the theme of decentralized finance because they are already tired of ICO or IEO, this is natural. Soon the decentralized financial hype will be obsolete.

I am also getting bored with the concept of decentralized finance projects, which are just like that. There is no variation. They only take ideas from other defi projects.
full member
Activity: 1190
Merit: 100
That's what's happening right now. Every day DeFi projects pop up, offering short benefits. I don't know if investors are interested in that. Looking at the existing developments, it seems that there are still many investors who still take this as a profitable investment. And many also suffered losses due to the scam DeFi project.
sr. member
Activity: 1442
Merit: 265
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
I partially agree with you but there are two main things to focus on:
Yes there are many scams around that are enchasing in the name of defi and also incomplete projects are launching in a hurry but i do not think any real crypto supporter will fall for such projects. Secondly no one is forcing anyone to invest so the people and investors need to show some maturity and no need to chase all new projects.
legendary
Activity: 2534
Merit: 1338
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
You are both right and wrong at the same time, I think that fundamentally we are seeing something very similar when we compare the hype of icos and the hype of DeFi coins, and that eventually a great deal of those projects will end up being scams or projects that will never launch as the people behind those projects simply do not have the ability to pull off something that complex, however where I think you are wrong are on the dimensions of the two events, the markets of icos was huge and a great deal of people thought that was the moment cryptocurrencies will go mainstream but that did not happen and if anything it made the image of cryptocurrencies even worse on the eyes of the average people, but this DeFi bubble is nowhere near those kind of levels.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
I also think that more than 60% of defi projects will die, but that's okay. Very strong competition in this market will leave only a few strong and really important Defi projects. now a strong fight has begun for the first places in the Defi market

 
I am thinking of 80-90% of defi project will actually die. For a reason that there are many scammers already use that decentralized finance method to create the project failed in thier ICO times.

I don't even see it as good way to earn money  in defi its only a shorttime hype that can give you a lot of profit , if you are one of the early followers but in long term no you will only lost in that investment.
full member
Activity: 899
Merit: 101
I also think that more than 60% of defi projects will die, but that's okay. Very strong competition in this market will leave only a few strong and really important Defi projects. now a strong fight has begun for the first places in the Defi market
no matter if most defi projects will die, and we will back to existing cryptocurrency again. no more hype and  scam possibility will decrease alot while most of defi will die. in this condition investors will really carefully when investing money, and someday only high qualification project will survive and nature selection already happen now.
full member
Activity: 1820
Merit: 107
I believe that the Defi craze today has a slightly different from the ICO craze before, Because the ICO craze in 2017 is far larger than of today's Defi hypes combine inputs, But I agree that it was the same method is used to attract people to invest in the Defi projects just like the ICO projects before, It happens today just like the old times.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
I also think that more than 60% of defi projects will die, but that's okay. Very strong competition in this market will leave only a few strong and really important Defi projects. now a strong fight has begun for the first places in the Defi market
member
Activity: 535
Merit: 33
here we go

The turnover already started as soon as Yam and Sushiswap collapse, though its totally different from ICO period. ICOs where the worst form of public offering, so many start up and investors with zero knowledge about what crypto is all about. Unlike DeFi, an average person in crypto space knows what it stands for coupled with total value locked tokens.
There weren't new inflow of money if you check market capitalization, the last ICO frenzy almost total a trillion, roughly 800 billion if I'm not wrong. ICOs isn't DeFi, I have seen some projects performing excellently with or without hype.
DeFi is still a new trend which will fail with some projects but expect some modifications from developers soon, ideas are built from existing ones.

Yes, ICO is not a "defi", but most new defi project using ICO method for funding. Defi project by relying on yield farming is more risky, I think without a clear team they will leave, and liquidity providers will take it back. This is just like ICO hype, and will pass quickly.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
Those are scam coins but the unbelievable thing should be the investors didn't even learn from the second time.
The majority of scam coins will never try to create announcement in this forum caused by so many people will be doing deeper research and that can reveal the true identity of the scammers who have been creating the scam coins.
It looks like that people should have never tried to buy the scam coins again.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again

they meant not to make an announcement thread here for the project security they know many will ask important details that need to be know by investors and they don't want to give that information.

But if you are long investors you should know that they need to have one here for your own security and members of this forum can help you to check  project legitimacy and open an accusation if they found out something wrong with the project.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again

i think low max supply will push the price up my friend, but for a good project
people investing on defi project is because they only follow the hype, and now as you said above the hype coming to defi type project right ?
anyway in my opinion the hype on defi project is not over yet, and i believe we will see another good price movements on a good defi project buddy
full member
Activity: 616
Merit: 124
i think icos already lost their hype. ios on launchpad rules now. especially ieos on binance platform gives huge gains to the investors. So bnb owners have great advantage since they can get a possibility to participate before listing.
member
Activity: 560
Merit: 26
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
The turnover already started as soon as Yam and Sushiswap collapse, though its totally different from ICO period. ICOs where the worst form of public offering, so many start up and investors with zero knowledge about what crypto is all about. Unlike DeFi, an average person in crypto space knows what it stands for coupled with total value locked tokens.
There weren't new inflow of money if you check market capitalization, the last ICO frenzy almost total a trillion, roughly 800 billion if I'm not wrong. ICOs isn't DeFi, I have seen some projects performing excellently with or without hype.
DeFi is still a new trend which will fail with some projects but expect some modifications from developers soon, ideas are built from existing ones.
member
Activity: 210
Merit: 13
Just imagine if there is no big hype of DeFi projects today will new developers start switching to DeFi potential or build DeFi projects from scratch? No I guess, this is why I think that majority of DeFi projects will die between now and coming year, a painful death I think because they will turn scam, ICO investment websites are full of unknown DeFi tokens that are targeting uniswap exchange for listing, the DeFi tokens have no ANN on this forum and they have low max supply, what's even more disturbing is that people are investing on these coins, I feel like we are going ICO round 2 again
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