Future of ICO? - page 5. | Bitcointalksearch.org

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Quote from: xuv500 on September 19, 2018, 02:57:12 PM

As there are hundreds of new ICO's every week but unfortunately most of them are scams atleast more than 30% of new ICO's are scam and if things go like this then people will lose trust on ICO. Kindly help me with your suggestions about filtering scammers.

Actually the future of ICO is very good in my opinion. But because there are many greed peoples want to get money fast, they using ICO in a bad way to steal money from many investors who want to participating in real project. If many ICO's not regulated well and verified, the investors won't come to ICO and the future will be not good.

Kofiy

copper member

Activity: 112

Merit: 0

Am KOFIY!

Am of the opinion that ICO will stay here with us for more longer time. ICO is a decentralised way of raising money for startups. Though there are many scams in this space but soon or later, the industry will evolve which will be able to checkmate the activities of scammers.

aggress0r

full member

Activity: 1050

Merit: 101

Actually the amount of ICO projects is becoming lesser by month starting from summer 2018. The market conditions and a lot of frauds and investors broken dreams did the job well.
I think that the future of ICO's is blurry, too much of the garbage projects are introduced.
I suppose that the amount of projects will reduce and Ethereum-based projects will share the pie with NEM, Cardano, Stellar and other new-generation blockchains.

trash321

full member

Activity: 602

Merit: 100

The future of the ICO process is very doubtful, especially if the regulation continues and intensifies, because many people are not going to disclose their data, so they will simply stop investing in projects that ICO is doing today.

sulis sudibyo

member

Activity: 882

Merit: 11

Volare.network

Quote from: xuv500 on September 19, 2018, 02:57:12 PM

As there are hundreds of new ICO's every week but unfortunately most of them are scams atleast more than 30% of new ICO's are scam and if things go like this then people will lose trust on ICO. Kindly help me with your suggestions about filtering scammers.

I can't give advice about that. now it's difficult to determine which projects are good or not, because scammers are very clever cheats. but the good thing is that this forum provides the latest information about the project, even when the project is suspected of being a scam.

ostrogoto2012

hero member

Activity: 1134

Merit: 501

Most are scam and the rest of the ico you buy tokens and when Hit any exchange the price goes down, sometimes very badly. Make no sense to invest in ICO.

Terrmit

jr. member

Activity: 413

Merit: 1

Quote from: xuv500 on September 19, 2018, 02:57:12 PM

As there are hundreds of new ICO's every week but unfortunately most of them are scams atleast more than 30% of new ICO's are scam and if things go like this then people will lose trust on ICO. Kindly help me with your suggestions about filtering scammers.

I think you need to tighten the rules for companies. Full identity check of developers. Finger fingers. Registration in the country as a business. What would be the responsibility of the companies. What would happen if you develop a police find.

Chomsy

copper member

Activity: 364

Merit: 1

It's always hammered on here for people to go into proper research of projects on ICO before deciding which one to take up. Don't just invest in a project because of the your friends are into it or someone told you to. Take your time and study the project.

Sadyshagg

member

Activity: 308

Merit: 10

Quote from: cupruri on November 03, 2018, 06:10:20 AM

The ICOs market is very unstable due to the lack of investors and a small level of trust. I think as soon as the market recovers, every ICO will reach their funding goals and we will see the same picture as at the end of 2017.

I agree, but I also note that many ICOs want to raise too much money. 1 million is enough to start a project, but not 30 millions...

cupruri

copper member

Activity: 196

Merit: 1

The ICOs market is very unstable due to the lack of investors and a small level of trust. I think as soon as the market recovers, every ICO will reach their funding goals and we will see the same picture as at the end of 2017.

okaypool

full member

Activity: 476

Merit: 100

First of all, in order for ICO to continue to exist and develop it is necessary to restore the market and its stability. Now, many investors are not at all sure about the future of cryptocurrencies, and this affects ICO.

MathiasCrow

newbie

Activity: 46

Merit: 0

So, people are afraid and tired of ICOs at the moment - may be the next stage would be the creation of trusted organizations that analyze ICO projects and give them some sort of rating that reflects their reliability?
Research function is thus shifted to different body, but the question is who will be the members of such organizations - there should be good specialists and well-known Crypto experts on board to make people believe the rating.

-VOL-

full member

Activity: 504

Merit: 102

Hello as i know now most of the ICOs are frozen. Because bad market and low interest from investors. So there are only 1-2 good ICOs in month. Most of them are listed on popular websites Icodrops,icobench and here.

btcmi

full member

Activity: 302

Merit: 100

Quote from: Kevinatin on November 03, 2018, 02:29:47 AM

Two options. At the state level, there is support for new startups trying to make their way to the market.
ICO is declared outside the law, for one reason or another, as a result of which, investors will lose their interest.

I think both options are possible at once. Different countries will occur in different ways. Someone will try to regulate this sphere, someone will simply ban.

Iykecolyno

copper member

Activity: 126

Merit: 1

ICO's will continue to exist as long as crypto exists, for the fact the their is no regulation in the crypto market, it cannot be stopped. The only concern is the vast majority of unsuccessful ones and those that are outright scams. However with time the rate will either increase or decrease and all depends on market conditions and season

UAE Seasider

full member

Activity: 700

Merit: 110

Helios Protocol https://discord.gg/cpzAEMB

I don't agree with you that a large majority of ICO's launching now are scams, I think people have quickly wised up to the facts and do adequate research to poke holes in a dodgy ICO. Publicity of earlier Ponzi schemes and EXIT scams have alerted people to do the correct amount of due diligence before attempting to join in with a sale. The Bear market of 2018 has proven extremely challenging to anyone attempting to raise funds let's hope that a change of conditions in 2019 allow new startups to come to the market and launch successfuly.

Kevinatin

sr. member

Activity: 612

Merit: 250

Two options. At the state level, there is support for new startups trying to make their way to the market.
ICO is declared outside the law, for one reason or another, as a result of which, investors will lose their interest.

fly99

member

Activity: 421

Merit: 10

ICO will become scarce in the future, and even this will directly change the rules of the game. The decline of Ethereum may represent the official decline of the bull market that broke out by ICO. The market should gradually get better.

dutechman

jr. member

Activity: 199

Merit: 1

New ICOs are flooding crypto exchanges on a daily basis. The unfortunate part of this is that, a lot of these ICOs do not have a tangible problem to solve, they do not have a concrete developmental roadmap. The major aim of the developers is just to make some dollars from investors probably do a little work and abandon the project. Some even run away without exchange.
I think the vast number of these ICOs are even part of what is dragging crypto marker back. There is a mixture of fear and carefulness in investors now to choose which ICO to invest in.

gabbie2010

sr. member

Activity: 2590

Merit: 322

SOL.BIOKRIPT.COM

Its has become an arduous task in choosing the right ICO to invest due to many of them flooding the market with mouthwatering bonuses to attract investors however most of them are scams which makes the task of investing in them risky even ICO review and rater sites are not helping matter.

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