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Topic: fundraising question (Read 847 times)

sr. member
Activity: 980
Merit: 255
January 07, 2020, 08:25:42 PM
#61

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.

ICO gives small investors a chance to invest in their idea and with that, there's always a risk and we call it a high risk kind of investing.
If we like big companies which has a better chance of success, then our chance to invest is also low because they already have private investors who are willing to fund them.

That's the reality, we need to gamble on a riskier way just to invest because we are just small investors.
Just because you have a small capital that does not mean you need to take greater risks, that is a decision you are taking by yourself because you want to obtain a lot of profits in the markets, it is true that if you invested in bitcoin you will not get as many profits as if you invested in an ico.

But in the case of bitcoin as long as you are willing to hold your coins for the long term the risk is very low and most likely you will see profits much better than what you could see in other markets .
sr. member
Activity: 1112
Merit: 256
January 07, 2020, 08:44:37 AM
#60
ICO is a fund raiser. As projects would say, they need funds to develop their product. Unfortunately for some lack funding so ICO campaigns are not successful. Some good projects on the other hand get a lot of funding due to having good tokens, great team members and advisors.

In the current market situation, the project must be really very good and must be created by professionals with extensive experience, otherwise it will certainly not be possible to raise funds.
Tokens are mainly used for speculation, but products may also be bought for them, as long as the project assumes that it will produce something.

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.

To secure the minimum amount needed for a project to succeed, a softcap must be set very precisely. For a softcap to be determined precisely, an expert must do it. So for me, the most important thing is for the team to have professionals or at least the project to have professional advisors.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
January 07, 2020, 08:07:05 AM
#59

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.

ICO gives small investors a chance to invest in their idea and with that, there's always a risk and we call it a high risk kind of investing.
If we like big companies which has a better chance of success, then our chance to invest is also low because they already have private investors who are willing to fund them.

That's the reality, we need to gamble on a riskier way just to invest because we are just small investors.

Why should we invest on more riskier if theirs a less risk which is establish already? For profitability? I doubt that the ICO coins could give that since for now the Dev are so selfish they only want to get benefited and always turned down their investors, we can see it actually these days since ICO scamming is so many here. That's why for more easier better go with establish top coins.
hero member
Activity: 2814
Merit: 576
January 07, 2020, 07:58:20 AM
#58

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.

ICO gives small investors a chance to invest in their idea and with that, there's always a risk and we call it a high risk kind of investing.
If we like big companies which has a better chance of success, then our chance to invest is also low because they already have private investors who are willing to fund them.

That's the reality, we need to gamble on a riskier way just to invest because we are just small investors.
legendary
Activity: 3332
Merit: 1191
January 07, 2020, 07:08:28 AM
#57
ICO is a fund raiser. As projects would say, they need funds to develop their product. Unfortunately for some lack funding so ICO campaigns are not successful. Some good projects on the other hand get a lot of funding due to having good tokens, great team members and advisors.

In the current market situation, the project must be really very good and must be created by professionals with extensive experience, otherwise it will certainly not be possible to raise funds.
Tokens are mainly used for speculation, but products may also be bought for them, as long as the project assumes that it will produce something.

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.
sr. member
Activity: 1112
Merit: 256
January 07, 2020, 02:54:59 AM
#56
ICO is a fund raiser. As projects would say, they need funds to develop their product. Unfortunately for some lack funding so ICO campaigns are not successful. Some good projects on the other hand get a lot of funding due to having good tokens, great team members and advisors.

In the current market situation, the project must be really very good and must be created by professionals with extensive experience, otherwise it will certainly not be possible to raise funds.
Tokens are mainly used for speculation, but products may also be bought for them, as long as the project assumes that it will produce something.
full member
Activity: 1078
Merit: 102
January 06, 2020, 04:13:04 PM
#55
ICO is a fund raiser. As projects would say, they need funds to develop their product. Unfortunately for some lack funding so ICO campaigns are not successful. Some good projects on the other hand get a lot of funding due to having good tokens, great team members and advisors.
sr. member
Activity: 1232
Merit: 266
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January 06, 2020, 03:27:41 PM
#54
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
What the meaning of could and ico be run like a fundraiser? as far as i know that ico is fundraiser when investor put their fund for ico like convert their capital with ico token and hope the token can bring the profit for them after listed on the market. and what the meaning of buy product with token? i think during seller and buyer accept the token maybe you can buy the product with token


Of course it is. ICO is collecting funds for project development, and tokens sold during ICO are utility tokens, i.e. those that can be used to pay for services or products created as the final product of the project.
I think OP just trolls everyone.
sr. member
Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
January 03, 2020, 01:27:27 PM
#53
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
What the meaning of could and ico be run like a fundraiser? as far as i know that ico is fundraiser when investor put their fund for ico like convert their capital with ico token and hope the token can bring the profit for them after listed on the market. and what the meaning of buy product with token? i think during seller and buyer accept the token maybe you can buy the product with token
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
January 03, 2020, 12:28:49 PM
#52
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

This could be possible but the question is how many of these projects do have actual product to sell, most of them just rise the hype, raise money from people and later decide what they want to do. A good example is Waves, raised 33000BTC from ICO and the team has been doing anything they think is the next big thing,  Decentralized exchange, Smart contract, VCs, Hybrid exchange
sr. member
Activity: 980
Merit: 255
January 02, 2020, 11:22:38 PM
#51
Unfortunately this is the truth, if the only thing we needed to avoid scams was to do our due diligence then scammers will be out of the market by now and that is not what we see.

The market more than ever is full of scammers doing everything they can to steal as much money as possible from investors and this has caused most people to lose any interest in investing in new altcoins and the worst part of all of this is that they suffer no bad consequences for this and they can repeat the pattern again and keep stealing from investors as much as they want.

Scammer cames when bitcoins and crypto became trend on 2017 and unfortunately many people fall from that can schemes specially in year 2018 and for sure we see a lot of it these days so provably the ICO investment option is totally end up these days that's why we can see so many of them falling right now. And I think they will start to innovate themselves since I saw some shitcoins who doesn't conduct an ICO and enlist their tokens on exchange and maybe there they will execute there scams so better we should be aware of this.
Scammers will always try new tactics to hide the fact they are scamming their customers and its is because of this I think the only way in which you can protect yourself from this is to stop investing in any new project no matter what.

I know that scammers are smarter than I am and if I were to invest once again in new projects I will get scammed again regardless of the efforts I made to make sure it did not happened, then the only way I can be completely sure I will not get scammed is to give up investing in new projects and while I am not happy with that decision it is something I had to do to secure my coins.
sr. member
Activity: 1274
Merit: 267
December 28, 2019, 11:36:41 AM
#50
It's almost impossible to fund raising through ICO lately. Lots of investors move from ICO due scammy activity. Perhaps you might see some running ICO's but there isn't much response from investors as far as I know. If there is any strong well known team with product/existing business then likely they could raise fund. Even for me it's quite complicated to trust on any ICO right now.

Investors are moving on IEO which is quite popular for fund raising at the moment. Also there is risk if you can't launch your IEO on the reputed exchange. Investors moved ICO from IEO due to security reason. At least their fund will not ZERO on the IEO. So if you have good concept and strong well reputed team then you may raise fund via IEO instead.

True that investors are leaving ICO for IEO but at the moment I don't a strong performance in IEOs. I'm trying to say that this is not the right time to do a public offering and I feel sorry for projects that currently doing a tokensale.

I will suggest everyone to wait atleast mid 2020 to launch project's tokensale, ideally you wait for mid 2021 for the best performance (just like what happened in 2017).
legendary
Activity: 2408
Merit: 2226
Signature space for rent
December 28, 2019, 06:45:16 AM
#49
It's almost impossible to fund raising through ICO lately. Lots of investors move from ICO due scammy activity. Perhaps you might see some running ICO's but there isn't much response from investors as far as I know. If there is any strong well known team with product/existing business then likely they could raise fund. Even for me it's quite complicated to trust on any ICO right now.

Investors are moving on IEO which is quite popular for fund raising at the moment. Also there is risk if you can't launch your IEO on the reputed exchange. Investors moved ICO from IEO due to security reason. At least their fund will not ZERO on the IEO. So if you have good concept and strong well reputed team then you may raise fund via IEO instead.
hero member
Activity: 952
Merit: 513
December 28, 2019, 01:39:10 AM
#48
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But isn't ICOs intrinsically just a formal fundraiser that is posed towards the market without restrictions?

Or are you talking about a token which represents a tangible product?

If the latter, then yes, it could be done. However I struggle to see the benefit of tokenizing such a stake rather than just going to other mainstream crowdfunding sites, because of the fact that the tokenization process offers no tangible advantages. It makes sense for utility tokens to be created, or even securities, as these can be traded on the open market. But preorders in itself I doubt will generate a lot of liquidity within the secondary market per se.
hero member
Activity: 2520
Merit: 783
December 28, 2019, 01:07:48 AM
#47
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.

You think research is all you need to avoid scams? I bet you people who didn't research put money into EOS for example and they all thought they were geniuses for investing in such a big opportunity.

And those who researched in 2018 and 2019 probably all lost money. Whitepapers, teams, companies. All existed and all legit but so what? In the end, ICOs scam when they want to, either forwardly or in a "legitimate" way.
Unfortunately this is the truth, if the only thing we needed to avoid scams was to do our due diligence then scammers will be out of the market by now and that is not what we see.

The market more than ever is full of scammers doing everything they can to steal as much money as possible from investors and this has caused most people to lose any interest in investing in new altcoins and the worst part of all of this is that they suffer no bad consequences for this and they can repeat the pattern again and keep stealing from investors as much as they want.

Scammer cames when bitcoins and crypto became trend on 2017 and unfortunately many people fall from that can schemes specially in year 2018 and for sure we see a lot of it these days so provably the ICO investment option is totally end up these days that's why we can see so many of them falling right now. And I think they will start to innovate themselves since I saw some shitcoins who doesn't conduct an ICO and enlist their tokens on exchange and maybe there they will execute there scams so better we should be aware of this.
sr. member
Activity: 980
Merit: 255
December 27, 2019, 11:01:57 PM
#46
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.

You think research is all you need to avoid scams? I bet you people who didn't research put money into EOS for example and they all thought they were geniuses for investing in such a big opportunity.

And those who researched in 2018 and 2019 probably all lost money. Whitepapers, teams, companies. All existed and all legit but so what? In the end, ICOs scam when they want to, either forwardly or in a "legitimate" way.
Unfortunately this is the truth, if the only thing we needed to avoid scams was to do our due diligence then scammers will be out of the market by now and that is not what we see.

The market more than ever is full of scammers doing everything they can to steal as much money as possible from investors and this has caused most people to lose any interest in investing in new altcoins and the worst part of all of this is that they suffer no bad consequences for this and they can repeat the pattern again and keep stealing from investors as much as they want.
sr. member
Activity: 1484
Merit: 253
December 23, 2019, 09:04:40 AM
#45
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.

You think research is all you need to avoid scams? I bet you people who didn't research put money into EOS for example and they all thought they were geniuses for investing in such a big opportunity.

And those who researched in 2018 and 2019 probably all lost money. Whitepapers, teams, companies. All existed and all legit but so what? In the end, ICOs scam when they want to, either forwardly or in a "legitimate" way.

Very true unfortunately. Also most of businesses go down even without founders going rogue. It's just hard to run a company and especially in this environment. If add basically endless possibilities of running away with money then you get some sad picture of the reality.

All of us here in crypto currency community experience a very unfortunate situation of crypto currency in which even before those users as they already have a lot of income on the previous years. It's a good and great idea to think have a fundraising but it needs time and patience as they ca earn as much as they can.
legendary
Activity: 2730
Merit: 1288
December 23, 2019, 08:21:31 AM
#44
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

When you make such a foundraiser. What is the point to have a decentralised database?  You simply make a list of people and wen you make your product ship it to them.  Having blockchain token is just more expensive database and more work.
sr. member
Activity: 868
Merit: 252
December 22, 2019, 09:56:33 AM
#43
I feel that the fundraising that the OP wants is made like IEO because it writes about tokens that can be used as a discount media for the main products, and what I think is not using exchanges, and standing on its own platform as seen in ICO.

My understanding in fundraising is the concept of sharing large shares and only involves angel investors. In the past, some ICOs did things like this, they separated internal tokens to valuable large contributors in real business, and sold different tokens to the public for the purpose of price liquidity on the exchange market.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
December 22, 2019, 06:43:56 AM
#42
ICO's are basically fundraising of certain projects or foundation. The risk is the same, theres no assurance that you will grow your investments because it will rely on company's performance on how they can generate income in the long run.  
hero member
Activity: 746
Merit: 502
Looking for advertising deal
December 22, 2019, 06:27:47 AM
#41
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.

You think research is all you need to avoid scams? I bet you people who didn't research put money into EOS for example and they all thought they were geniuses for investing in such a big opportunity.

And those who researched in 2018 and 2019 probably all lost money. Whitepapers, teams, companies. All existed and all legit but so what? In the end, ICOs scam when they want to, either forwardly or in a "legitimate" way.

Very true unfortunately. Also most of businesses go down even without founders going rogue. It's just hard to run a company and especially in this environment. If add basically endless possibilities of running away with money then you get some sad picture of the reality.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
December 22, 2019, 04:37:40 AM
#40
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.

You think research is all you need to avoid scams? I bet you people who didn't research put money into EOS for example and they all thought they were geniuses for investing in such a big opportunity.

And those who researched in 2018 and 2019 probably all lost money. Whitepapers, teams, companies. All existed and all legit but so what? In the end, ICOs scam when they want to, either forwardly or in a "legitimate" way.
sr. member
Activity: 980
Merit: 255
December 21, 2019, 11:50:10 PM
#39
Unfortunately, ICO discredited themselves because of scam, failure to fulfill obligations to bounty hunters, investors. Yes, there were a lot of fairly successful fundraising for the development of the project, but the overall impression is perhaps negative.
I still find incredible how scammers can kill a market that at the time seemed to be unstoppable, there was a lot of money moving in icos and this was because people were excited about the possibility of bringing a huge change to the world, but then scammers entered this market and took advantage of the model and made untold fortunes with it.

But now even a legitimate project that tries to create an ico is unable to gather any interest from investors regardless of its quality and the same is happening to ieos as we speak.
sr. member
Activity: 1232
Merit: 266
> CAMPAIGN MANAGER < https://t.me/TheAndy500
December 20, 2019, 10:12:19 AM
#38
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

Actually, this is the exact sense and purpose for which ICO was created. By selling tokens, the funds needed to develope the project are collected. Investors who purchased tokens will be able to use the services provided by the project, on preferential terms.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
December 20, 2019, 09:59:18 AM
#37
it could be that if the project was indeed intended, unfortunately now many projects are only focused on their coins, and do not have backups of real projects, I'm sure projects like this will not last long.
hero member
Activity: 1426
Merit: 506
December 20, 2019, 06:40:17 AM
#36
The promises of use cases and application of their token was just a PR stunt. But the reality will shake you that regardless of countless times that these projects became bad in the past, there will be investors that's gonna invest blindly with it as long as they see the possible profit that's being displayed by the teams.
The statement was true in the beginning of the ICO trend but now when there is a new project you either neglect them as majority of the past projects with big promises went down just like that and the developers behind those made a fortune and delivered nothing and now it is hard to get a investor to take a high risk like that and the market momentum changed for good and you cannot see any blind investments into these token projects now.
sr. member
Activity: 1112
Merit: 256
December 20, 2019, 05:41:24 AM
#35
Unfortunately, ICO discredited themselves because of scam, failure to fulfill obligations to bounty hunters, investors. Yes, there were a lot of fairly successful fundraising for the development of the project, but the overall impression is perhaps negative.

I will not agree that the ICO has discredited itself. ICO has discredited investor ignorance. It has exposed how important education and basic knowledge about fundamental analysis are. ICO is a great tool to raise funds, but people who don't understand how it works shouldn't invest in it. Unfortunately, but most investors were blinded by panic buy and bull market. This consequently led to the disaster of the ICO market.
sr. member
Activity: 1050
Merit: 251
December 20, 2019, 05:26:05 AM
#34
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.
i dont think searching for a project is the answer to not get scam. The problem is the technology behind the ethereum contract and ICO there are many breach that can be use to scam people. The solution is  making it more secure to investors not by only searching for good project.
That totally a reversed idea about searching for a project to avoid scam. The more close your are with several rising project, is the more prone you are to be a scam victim. How can we search those potential good project? Despite that most of them we're just putting some shady deceptive promotion.
I would dream for a website who really and honestly register trusted project that will pass through serious scrutiny.
member
Activity: 326
Merit: 10
December 20, 2019, 12:12:22 AM
#33
Unfortunately, ICO discredited themselves because of scam, failure to fulfill obligations to bounty hunters, investors. Yes, there were a lot of fairly successful fundraising for the development of the project, but the overall impression is perhaps negative.
hero member
Activity: 1302
Merit: 577
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December 19, 2019, 10:40:26 PM
#32
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.
i dont think searching for a project is the answer to not get scam. The problem is the technology behind the ethereum contract and ICO there are many breach that can be use to scam people. The solution is  making it more secure to investors not by only searching for good project.
full member
Activity: 474
Merit: 111
December 19, 2019, 01:48:05 PM
#31
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
Yes, we can say that ICO is a fundraising tool for new projects. But depending on the different project types, the token can be made to purchase the product. For example, tokens of technology projects, you can only hope that the business works well for the price of the token to grow strongly. And you can do it normally if you have a great idea and a professional team, the market always welcomes potential projects.
hero member
Activity: 3038
Merit: 634
December 18, 2019, 06:15:26 PM
#30
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.
People will learn eventually. Despite of how "good" these projects coming out and sell themselves, investors will see the true worth of it afterwards when they are done with their sale. ICO/IEO became the place for fund raisers that actually does nothing but benefit on their own.

The promises of use cases and application of their token was just a PR stunt. But the reality will shake you that regardless of countless times that these projects became bad in the past, there will be investors that's gonna invest blindly with it as long as they see the possible profit that's being displayed by the teams.
hero member
Activity: 3010
Merit: 794
December 18, 2019, 03:06:29 PM
#29
ICO is simply the crypto version of IPO.
Why companies are providing IPO? Just to have more funds to have better operations and for expansion of business into next levels.

In the initial days altcoin boom, ICOs were conducted to distribute the coins at cheaper prices to the early adopters but after ethereum came into action, people started to use ICO as a purely fund raising option for the development of their project. A token based ICO is just a crowd funding mechanism for building a new project; this is the reason anyone tried to make a new project out of public money which turned into scam in most cases.

Tokens could be used to buy product at awesome discount price waay below market.
To attract more investors, ICO operators do always announce discounts. But in my observation, 99% of tokens being traded in markets in lesser value than those discounted prices. What we can expect other than this from scammy devs.

Moreover, this topic does not look like belonging to this board. It could more suit for altcoins discussion.
yes, ICO and IPO would be same in the purpose. But it would be very different in practically
ICO isn't regulated at all, there is no "standard" for ICO. everyone can make it without any term and conditions

That's why there are many shit ICO here. it would be different with IPO which is regulated, many term and conditions made small scam possibility
Main difference among the two but in general sense these things are just similar on most aspect but differs on regulation and thats why
we do see more people do make use of that ICO method yet they can scam out hell of a lot of money out from investors wayback in the past
where ICO is still hyping up+bull run.

Going back on topic, overall these things are aiming the same thing which is too accumulate funds for the sake of project developing
or extending out their business.
full member
Activity: 1316
Merit: 108
December 18, 2019, 11:48:12 AM
#28
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
The whole point of holding an ico is to rise funds so you can develop your project to the best of your ability but since you did not even knew that it is better for you to research a lot more about how this market works before you try to do anything like that.

And this is especially true if you are actually trying to do something meaningful in this market because investors are not really interested anymore in projects that have no chance of being profitable in the future.
Relative ico companies today are constantly heard negative reviews and statements of new investors, because it was this area of ​​fundraising that began to overwhelm fraud and many investors lost their funds.  One way or another, many promising projects were carried out by ico and became successful projects, but nevertheless no one expected that scammers would take advantage of the ico market.
hero member
Activity: 1414
Merit: 516
December 18, 2019, 11:30:57 AM
#27
I agree that a lot of ICOs are scam and a lot of people got scammed and is very hard to get that money back but maybe in future all people will do research and will not invest anymore in blind and will get eaht they expect.
sr. member
Activity: 658
Merit: 251
December 18, 2019, 09:18:41 AM
#26
ICO is simply the crypto version of IPO.
Why companies are providing IPO? Just to have more funds to have better operations and for expansion of business into next levels.

In the initial days altcoin boom, ICOs were conducted to distribute the coins at cheaper prices to the early adopters but after ethereum came into action, people started to use ICO as a purely fund raising option for the development of their project. A token based ICO is just a crowd funding mechanism for building a new project; this is the reason anyone tried to make a new project out of public money which turned into scam in most cases.

Tokens could be used to buy product at awesome discount price waay below market.
To attract more investors, ICO operators do always announce discounts. But in my observation, 99% of tokens being traded in markets in lesser value than those discounted prices. What we can expect other than this from scammy devs.

Moreover, this topic does not look like belonging to this board. It could more suit for altcoins discussion.
yes, ICO and IPO would be same in the purpose. But it would be very different in practically
ICO isn't regulated at all, there is no "standard" for ICO. everyone can make it without any term and conditions

That's why there are many shit ICO here. it would be different with IPO which is regulated, many term and conditions made small scam possibility
sr. member
Activity: 980
Merit: 255
December 17, 2019, 09:50:39 PM
#25
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
The whole point of holding an ico is to rise funds so you can develop your project to the best of your ability but since you did not even knew that it is better for you to research a lot more about how this market works before you try to do anything like that.

And this is especially true if you are actually trying to do something meaningful in this market because investors are not really interested anymore in projects that have no chance of being profitable in the future.
legendary
Activity: 3052
Merit: 1188
December 05, 2019, 03:10:23 AM
#24
ICO is simply the crypto version of IPO.
Why companies are providing IPO? Just to have more funds to have better operations and for expansion of business into next levels.

In the initial days altcoin boom, ICOs were conducted to distribute the coins at cheaper prices to the early adopters but after ethereum came into action, people started to use ICO as a purely fund raising option for the development of their project. A token based ICO is just a crowd funding mechanism for building a new project; this is the reason anyone tried to make a new project out of public money which turned into scam in most cases.

Tokens could be used to buy product at awesome discount price waay below market.
To attract more investors, ICO operators do always announce discounts. But in my observation, 99% of tokens being traded in markets in lesser value than those discounted prices. What we can expect other than this from scammy devs.

Moreover, this topic does not look like belonging to this board. It could more suit for altcoins discussion.
legendary
Activity: 1652
Merit: 1007
December 04, 2019, 12:03:57 PM
#23
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But why would anyone be incentivised to do that? From the developer's point of view, that is.

Unless of course the project is complete bull and the developers know that they can't raise funds any other way than sell their tokens at a significant discount.

But intrinsically, the concept of ICO and public fundraising is basically the same - with a catch that you receive tokens as your reward.

I would definitely find some trustworthy backers.
And offcouse trust issues and other would be sorted.
Im definitely not considering hosting scams.

This is weird why do you need backers who are trustworthy? It is you who needs to be trustworthy because you will be the recipient of funding from the backers. As far as I'm concerned, backers can even be anonymous. I think you got the wrong assumption of the whole thing.
sr. member
Activity: 1218
Merit: 251
November 30, 2019, 07:44:57 AM
#22
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

ICO were created to make a fundraising for their project to gain investors and supporters, they offer discounts so many will get interest and their token should be useful to have supporters. The earlier you invest the higher the discount but be very carful in investing as ICO tends to fail now.

In the beginning, ICO was quite successful in its time, but as time went by, fundraising with ICO was no longer reliable. In fact, it was often carried away with fundraising from ICO by the project, so now it is not popular anymore like before so I'm not sure about any ICO fundraising now.
hero member
Activity: 2954
Merit: 796
November 30, 2019, 07:15:22 AM
#21
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

ICO were created to make a fundraising for their project to gain investors and supporters, they offer discounts so many will get interest and their token should be useful to have supporters. The earlier you invest the higher the discount but be very carful in investing as ICO tends to fail now.
full member
Activity: 554
Merit: 100
November 30, 2019, 07:10:29 AM
#20
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

maybe , but i think its a hard thing to do, first u must create corporataion to some product before start it, and how it possible ? since u have no money at the beginning, that why they created ICO , fo raising some fund then find corportaion with another company.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
November 30, 2019, 06:41:48 AM
#19
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange
Too late, in my opinion this has damaged the image of cryptocurrency, you can say it like this then that's how other people see ICO.

IEO is good but to get IEO tickets on popular exchanges is not easy, this is a barrier for some investors, including small investors like me, this is IEO shortcomings.
You don't have to follow IEO as a small investor, you can buy it when they are registered at the exchange at the beginning of the time you can buy it, even though it is a little more expensive than the price of IEO, but not all the popular exchanges prohibit small investors like you from IEO, we see just better changes coming
sr. member
Activity: 1274
Merit: 267
November 29, 2019, 09:38:30 AM
#18
Could and ICO be run like a fundraiser ?

Why couldn't it be? It is basically the same, anyway.


Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

It is doable, your token will be like a discount ticket so just like BNB gives trading discount fee to its holder, you could have one token that whoever holding your token and use it to buy stuffs on a marketplace, the will get an interesting discounted price.
hero member
Activity: 2814
Merit: 576
November 29, 2019, 08:27:58 AM
#17
Could and ICO be run like a fundraiser ?
ICO stands fro Initial coin offering and its what we called as a crowd sale, and yes they are raising funds to finance the project written in their whitepaper.

Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
You are at the right timing now, almost everything in the market now are cheap, especially altcoins, so you can shop around.
Just try to look for coins with great potential as that could probably give you a better return.
sr. member
Activity: 1031
Merit: 251
bullsvsbears.io
November 29, 2019, 07:34:55 AM
#16
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange
Too late, in my opinion this has damaged the image of cryptocurrency, you can say it like this then that's how other people see ICO.

IEO is good but to get IEO tickets on popular exchanges is not easy, this is a barrier for some investors, including small investors like me, this is IEO shortcomings.
sr. member
Activity: 1526
Merit: 251
November 29, 2019, 07:33:15 AM
#15
Could and ICO be run like a fundraiser ?
Not just run as a fundraiser, the ICO itself is a fundraising methode of a coin’s developer. And the value of the coin itself is visible while the ICO is running. But the most thing that has done is the value of the coin mostly went below the value they offered at the ICO, after they are marketable. That makes investors of the coin gain bad ROI.

Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
For this point, i dont really get what you meant. But the thing is, every token has their own function. They are created with their own function, even though there are a lot of tokens that have same function. So, maybe if you want to create a token used for buying products like you said. It is something that can be done.
legendary
Activity: 1638
Merit: 1042
November 29, 2019, 07:24:13 AM
#14
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

of course it can go like this. basically i would even say that the majority of the ico is like fundraising.
seldom you were an early buyer as a supporter of the ico. often the money was used for development
and not for distribution incl. reward of early investors.  Wink
newbie
Activity: 34
Merit: 0
November 29, 2019, 06:24:08 AM
#13
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But why would anyone be incentivised to do that? From the developer's point of view, that is.

Unless of course the project is complete bull and the developers know that they can't raise funds any other way than sell their tokens at a significant discount.

But intrinsically, the concept of ICO and public fundraising is basically the same - with a catch that you receive tokens as your reward.

I would definitely find some trustworthy backers.
And offcouse trust issues and other would be sorted.
Im definitely not considering hosting scams.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
November 29, 2019, 05:35:25 AM
#12
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange
hero member
Activity: 1666
Merit: 753
November 29, 2019, 04:57:58 AM
#11
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But why would anyone be incentivised to do that? From the developer's point of view, that is.

Unless of course the project is complete bull and the developers know that they can't raise funds any other way than sell their tokens at a significant discount.

But intrinsically, the concept of ICO and public fundraising is basically the same - with a catch that you receive tokens as your reward.
sr. member
Activity: 534
Merit: 250
November 29, 2019, 04:50:08 AM
#10
ICO fundraising is now no longer reliable and has been replaced by IEO, but IEO is trusted only by IEO that lists large markets such as binance, Huobi, OKex etc.

If you ask that the ICO Project Token be used to buy a product at a discount below the market price, it depends on the ICO project you are taking. Maybe there are some projects like that. After the ICO is finished the token is used to buy the products that are in the ICO at a discount.
member
Activity: 136
Merit: 39
November 29, 2019, 04:43:55 AM
#9
ICO is initial coin offering as it is initial offering the market pricing has not yet started and thus, the price at which you are getting that is actual rate there is nothing called discounted in this.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
November 29, 2019, 02:08:59 AM
#8
Now ICO fundraising is no longer trustable because of the rampant scamer that is happening, now people prefer to be trusted again like IEO can still be trusted by investors but only certain markets that they trust,
To pay the market there must also be a large fund to enter there.
hero member
Activity: 3038
Merit: 634
November 29, 2019, 12:17:52 AM
#7
You have already defined what is an ICO and what's exactly the purpose of the tokens that they are selling. But not every successful ICO that fundraised a huge amount has been always have a good token to be used.

Many of these project tokens were just used to dump and make profit. The ones that are standing until today and traded in every exchange with a good volume has survived somehow.
sr. member
Activity: 658
Merit: 251
November 28, 2019, 11:43:32 PM
#6
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
ICO is fundraiser to get money for developing cryptocurrency project. it was skyrocketed in 2017 ago
But the condition changes, it is not good anymore. there are many scams ICO here, so it makes bad reputation for ICO

then, IEO changes ICO in this time. IEO becomes better to do fundraiser
But it needs more money to pay exchange
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
November 28, 2019, 11:00:10 PM
#5
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

Took a sec to even understand what you mean. Do you mean that the whole point of the ico would be to create a fund that invests in the lowcap altcoins? I think there are already several projects that have tried this. I don't think that any of them were success, at least i haven't seen any of them on the top of the coinmarketcap.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 28, 2019, 09:20:53 PM
#4
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

...hmm im not sure what you mean, i mean, some projects DO have milestones like that, ICO or otherwise
i think maybe what your thinking is a DAO. Check that out see if thats what your thinking
that link is for the most famous one that got hacked on ETH's network, but the idea is still good i think, an autonomous anon organization
legendary
Activity: 1652
Merit: 1007
November 28, 2019, 06:40:15 PM
#3
ICOs are fundraisers, haven't you know that? The premise is that a coin project aims for mass adoption with its coin or token speculated to be of heavy use in the future, thereby giving value to the token/coin. Ethereum is one of the first ICOs, its coin value increased on both speculation and actual usage (Dapps). That's why investors want to invest.

Your proposal can be done. DM me your plans.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 28, 2019, 06:17:39 PM
#2
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
It could not consider investors that was wanna investing in the ICO put all their hopes in the development of ICO, I guess what you means about the fundraiser here the same as charity that will be giving away to the ICO. ICO is very similar as IPO.
that is something can be done as long as you can create a value for your token that can be used to buy your product. You can use BNB token to get the discount fees but the usability of token will depend on what your decision as the developer of the token itself.
It's something that can be implemented in so many ways.
newbie
Activity: 34
Merit: 0
November 28, 2019, 04:47:50 PM
#1
Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?
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