Its really good analysis even startups not required whole amount at once it should be break up as you mentioned based on the progress and even it has to be regularised some platform like KickICO and Comsa came up with solution still lots to be done because there is lots of ICO coming up with only intention of scamming.
It wont be surprising since we do already see it happen for how many times on which ICO comes up or ends up on scamming its investors which it would really still happen this is why im keen on joining up ICO as of now because of lots of trash project and most of them are just copying each others idea which its really useless at all.There are still some which are worth to invest on but it would really be hard to select specially lots of project that do crowdfund on a single day which would make our search to be tough. 
Topic: God save the ICO!!! - page 2. (Read 696 times)
honestly, I’ll bet that ICO won’t survive at all. nothing can save them. Eventually, it will become like venture investing
Some history on ICO:
The first token sale (also known as an ICO) was held by Mastercoin in July 2013. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million dollars. An ICO was held by Karmacoin in April 2014 for its Karmashares project.
One of the first "mainstream" ICOs was executed by the messaging app developer Kik in September 2017. Kik had previously issued $50 million in tokens called "Kin" to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media.
ICOs and token sales are now extremely popular. As of November 2017 there were currently around 50 offerings a month,and a new web browser Brave's ICO generated about $35 million in under 30 seconds.There are at least 18 websites that track ICOs.] At the start of October 2017, ICO coin sales worth $2.3 billion had been conducted during the year, more than ten times as much as in all of 2016.
The first token sale (also known as an ICO) was held by Mastercoin in July 2013. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million dollars. An ICO was held by Karmacoin in April 2014 for its Karmashares project.
One of the first "mainstream" ICOs was executed by the messaging app developer Kik in September 2017. Kik had previously issued $50 million in tokens called "Kin" to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media.
ICOs and token sales are now extremely popular. As of November 2017 there were currently around 50 offerings a month,and a new web browser Brave's ICO generated about $35 million in under 30 seconds.There are at least 18 websites that track ICOs.] At the start of October 2017, ICO coin sales worth $2.3 billion had been conducted during the year, more than ten times as much as in all of 2016.
Its really good analysis even startups not required whole amount at once it should be break up as you mentioned based on the progress and even it has to be regularised some platform like KickICO and Comsa came up with solution still lots to be done because there is lots of ICO coming up with only intention of scamming.
There is one in the pipeline, CoinMetro, who will contribute profits from the business(s) to prop up the price of their COIN, perhaps worth keeping in mind for when it launches.
Even the promising and real projects can turn into scam or just fail in the end. The round system will at least minimize the risk loss
Great scheme. I’ve lost $10K in scams in summer and I analyze projects more intense now.
+1 to round system. We need to stop this crazy fundraising in scams.
Community is developing and learn from its mistakes. So, blockchain is a fast-moving industry. So, I won’t be surprised if the rules of ICOs would change in the nearest future.
Yeah that is why I lost more than $500 bucks since last month on the ICO stakes. This was crazy investment I ever had and I was so into all of them. ICO are like very attachment things, they attract us and show us dream that we will make big money from them but at the end everything gets collapsed and they put us into position to sell our things at very lowest prices. The things well, the token itself. Im feeling so bad about this investment now a days. It was golden period when altcoin projects or ICO project used to be greatest investment ever, I mean the profits were free, without any more efforts than just investing into ICO blindly! But now a days its gone, we have always loosing fear for our investment. Hopefully things will change over again but I think it will need lots of efforts to be taken.
Your idea is very good, but nobody to agree to such conditions. And how it will be implemented, the scammers will always Scam. Just need to learn to see it in the beginning.
Nice overview mate,but we dont have any regulatory board that filters ICOs.Thats what i am waiting to happen to revive the ICOs because today if you say ICOs the first thing people will think it is a scam.
the time of quality icos just ended. nowadays there are too many imposers and scammers.
Nice overview mate,but we dont have any regulatory board that filters ICOs.Thats what i am waiting to happen to revive the ICOs because today if you say ICOs the first thing people will think it is a scam.
Scams are evolving 
they're trying to trick contributors in every way possible. round system of limited sums will stop scammers.
they're trying to trick contributors in every way possible. round system of limited sums will stop scammers.
This is the reason way there is more demand for the regulated ICO now and government might just take the decision on this to regulate the stuff and make it under controlled environment. If that happen then the ICO will have to go through various verification process and if that happen then government will have the legal proof of every team member and owner of the ICO on whom we can take the legal action if something gets wrong afterwards.
However, that day is still far from now and there doesn’t seem any good movement in the field yet. For now scam list will keep growing so its better to earn money from the ICO which has been already listed on the exchanger and its been while for the project and already on the verge of good development. This way everything can be preserved nicely and our investment would be safer.
However, that day is still far from now and there doesn’t seem any good movement in the field yet. For now scam list will keep growing so its better to earn money from the ICO which has been already listed on the exchanger and its been while for the project and already on the verge of good development. This way everything can be preserved nicely and our investment would be safer.
Wouldn’t round system turn investment from short-term into long-term? I mean, many investors sell their token right after ICO or wait for some days. Not many of them wait for long-time to exit.
Not really. Tokens are issued. And if make agreements with exchanges, then it will have liquidity and any investor and buy or sell it.
Wouldn’t round system turn investment from short-term into long-term? I mean, many investors sell their token right after ICO or wait for some days. Not many of them wait for long-time to exit.
I think it’s better to add some type of regulation. For me, I would like to know more about updates on the project in which I invested. For example, what have been made so far, on what stage the service or product is, etc.
The idea seems legit but it requires to be developed. Round system would stop the massive flow of newcoming ICOs. But if so, would then ICOs be different from VC?
Of course it would. We talk about p2p investment. Everything will be transparent and open source.God save all the good ICO's perhaps and leave the rest that are SCAMS out of the equation.
Too many around right now and we need to be careful.
We need powerful rules to prevent scams. It should not be government. It should be open source solutions.Too many around right now and we need to be careful.
No, do you want to involved the banker in the ico? There are some promising icos, you can make your own ico. As long as you can try to do a proper research for every project and that will decrease a lot of the chance to get scammer from the ico. I made 10x from powerledger.
Fuck banks. ICO it's fantastic tool for business. But when you earn 35m you think you will work on your product? We talk about business and products not about speculation.
The idea seems legit but it requires to be developed. Round system would stop the massive flow of newcoming ICOs. But if so, would then ICOs be different from VC?
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