Topic: Fundraising scam ,the way I see new projects (Read 11022 times)
HYDRO still kicking on the market even without ICO and just an aidrop a year ago. Currently at 300+ ranking on marketcap but still it has a potential rather than ICO coins that are just full of promises and planned delays just to make an alibi when people asking how far the project already go but in reality they are already gone after ICO.
The way you see it and the way many other see is entirely different. And I don't know how you want the fundraising to look like or maybe you just want the entire scheme to end? Well basically if they stop, you will stop doing bounties or the rate will decrease so much that you will make new posts to ask why there're no more new projects.
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
Bounty hunters and investors are now realizing it now, that it's not profitable or worth investing in ICO some bounty hunters are now picking campaign whose coins are already in the market, some of them are transferring to gambling sites with signature promotion.
If you think all new projects are scams then you are wrong there are many new projects that wen can invest that really profitable depends on the quality of the project of the project has no quality product then dont make investments on them and look for good projects to invest like Dencoin it has a good product that we may used the tokens we but from then if you want more details visit this project Dencoin tokens.
Do you invest in this 100 coins ?? if yes, maybe in the future you should be more careful about the ICO. because not all projects that have good concepts are successful in the ICO. sometimes they get the concept of stealing other project concepts. and the aim is to trap investors and buyers to invest in the ICO held. so in essence, if you want to invest again please buy coins that have already been registered in exchange only.
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
You are right I stopped investing my time and money on ICO total waste of time and people should realize this, there's no money to profit in ICO anymore and even if there are, you will have to wait for 5 months to a year before you can see a profit, that is if your coin perform better in the market, but most of the time it's not performing.
If you have been here in cryprtocurrency community for quite some time already, for sure you know that majority of the projects do not have good chance of surviving the market. What is hurting the most is that some projects are scams and frauds. Last year's bearish market made that clear to most of the project investors. It's now for the investors to learned their lessons.
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
You are correct. I too look every new ICO announcement as a scam in making.
It just takes some web developers and whitepaper writer to start an ICO. I don't believe in any of these nonsense unless I'm able to test the real product.
If someone has a real working product, I can give it a look. If someone is legally registered and has contract to provide dividend to the user, I may consider it but I'm never going to fall for blind promises.
for fundraising projects indeed some of them are scams, but I am still sure there are also those who are not only for the time being fundraising they only use for money, but do not prioritize their projects, and of course some have proven to be purely a scam because the funds obtained are used for the benefit of their team there are even those who buy luxury goods with fundraising money, if for investment or choosing crypto to be traded, it is better to choose a cryptocurrency that does not do this kind of thing might be safer.
We investors are truly the ones in total risk and I have decided that since theres no legitimate body like SEC to oversee the fund raising events of an ICO platform, I will never invest in ICOs again expect the team is highly credible
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
I am no fan of the concept of crypto fundraising. I don't understand why the team need to sell coins when they reserve the healthy chunk of total supply for their own use. Rather if they actually require funds to start a project, better raise directly from investors and VCs in exchange of ownership in project. In that way, team will get the required kick-start for its project without compromising value of the coin.
However, I want to know what is the best way to distribute coin supply among people without conducting ICO? I am amidst of starting my own project and have made ETH-based tokens to be used internally on platform. Any suggestions?
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
Not only new, even old ones, until now those project developers are nowhere to be seen and found, they are the real bubble, gone in an instant with all the money of the investors. I have a token worth 1k USD plus last year and now it is just a penny's worth. The only way to get back some of the lose for now is to buy directly BTC or ETH.
Do everything in particular to seek profits in a way that is not wise,We bounty hunters will only lose time for a project that eventually deceives.
For now, be more careful for investors who want to join any project..
For now, be more careful for investors who want to join any project..
you are starting to make sense of the market now! and hopefully more people become like you and see past all the attractive advertisement of ICOs and stop throwing their money away at these scams. in fact there is no reason any of them would ask for money since they are not doing anything, solving no problems and not delivering any products.
any good project has always been completely decentralized, with no premine and no fund raising. you can always compare a new project with bitcoin to see how bad they are!
any good project has always been completely decentralized, with no premine and no fund raising. you can always compare a new project with bitcoin to see how bad they are!
Very well said dude. It is so risky to invest and give your trust in fundraising project. If you see and if you read about the fundraising project this is very convincing but don't believe. Remember that you are investing money so be careful and make some research before investing in every project that you want to joined.
such studies can even be trusted to the professionals and if people want to invest tens of thousands of dollars, then they could pay a thousand dollars for competent research of the project. 
Very well said dude. It is so risky to invest and give your trust in fundraising project. If you see and if you read about the fundraising project this is very convincing but don't believe. Remember that you are investing money so be careful and make some research before investing in every project that you want to joined.
You are right. They are the investors ultimately who are at higher risks of loss. But it also equally involves a great deal of opportunity for them to get good returns on their investment. No risks, no gains. How knows which project rises vertically in price? After all, they are not only investors, project developers also waste their time and some amount of funds if their projects fail.
On the off chance that you dont put stock in new ventures and feeling that ufundraising in digital currency is a trick at that point go to a confided in undertaking that has definitely known by people,Go to yanu.io and influence speculations they to complete another method for raising support yet not change tha points of the task and they are dealing with financial specialists and laborers on their task.
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
If you really dont want fundraising in any projects then forget about them. Yes that is true, you can support no ICO and no Premine projects but almost all of their developments are very slow because they dont have proper funds for the development. However there are some No Premine and No ICO that I like very much but there are very few of them.
Hehee...fact is that, we were in a bubble and since many of us haven't experienced bubbles before, we bought the hype. Don't blame yourself too much. Who knows, maybe good projects shall come later
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