Pages:
Author

Topic: How can ICOs come back in the game? - page 5. (Read 1653 times)

hero member
Activity: 672
Merit: 500
August 07, 2020, 08:12:29 AM
#87
It will be difficult to bring an ICO to the surface of cryptocurrency again, even if a company wants to hold an ICO with a real vision and mission and has a credible team, it will still be difficult to attract the attention of investors, because too many investors are disappointed with the many SCAM projects. IEOs have taken over and it looks like investors are more comfortable. so why should there be an ICO?
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
August 07, 2020, 07:41:42 AM
#86
It's left for developers to take the risks with ICO crowdfunding, they should understand that if their project use case isn't that good enough there will be problem attracting investors and investors should watch out too, not all crypto projects are good
The risks of ICOs now are too much, so I believe investors will not dare to accept it. IEOs are a lot more secure and the profits it will bring would be huge if it were held at the top exchanges in this market.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
August 07, 2020, 06:07:13 AM
#85
As crypto gets exposed to the world gradually, new and more convenient features enter the market.Initial Exchange Offerings are taking over with their planned and well structured activities which put the whole project on checks and make sure investors get their holdings after making the buy orders.Again, the coin gets the opportunity to be listed on that exchange which facilitate immediate trading if not planned otherwise by the team.
In my opinion, if ICOs are to come back in the game, then there should be regulations and structures set aside in order for it to meet the standards set by IEOs.What other way do you think can lift up ICOs again?
Yes ICOs can again come to life with following of some professional SOPs about transparency and competency. Some of my suggestions would be:
1) All team should openly and publocally present themselves with video intros telling about themselve and their experience and what they think about the project. Also if each team member provides copy of their Govt ID that would add to projects points.
2) Developer team should regularly update the community weekly or monthly about the updates regarding the development of the project.
3) Tokensale should be transparent with tracking links provided to check the amount of funds raised.
4) The team should have demo or sample of the project before raising funds.
5) There should be guarantee that the project will continue despite the amount of funds raised in tokensale, the team can look for alternative funding sources if they deem necessary.

All these steps will boost investor confidence and only legit and real projects will come up as a result of these SOPs and ICO culture will flourish again.
copper member
Activity: 238
Merit: 1
August 07, 2020, 05:50:18 AM
#84
I believe that regulations can assist to bring sanity to ICO's in the cryptocurrency space. The major reason why we had several misguided and dishonest projects was because there was no regulations. Most of these projects were launched simply to take advantage of investors. If the team and developers are registered and regulated, we would most likely not have the issues we have with new projects today.
sr. member
Activity: 952
Merit: 253
August 07, 2020, 05:43:49 AM
#83
Won't you take part if Microsoft or Samsung conduct ICO? sure you will. It all about trust and transparency. Any project that is not well know people won't take part because of previous experience.
Trust is playing the main role in this case and the trust from the investors can't be gotten by the developers instantly and the team must prove how reliable their projects to create a good impression for the investors.
In this case, the development can bring trust from investors.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 07, 2020, 05:38:34 AM
#82
The new project under ICO will face a difficult challenge because they need to prove that they don't give a fake project back to the public. If that can happen, the ICO can come back, and maybe they can get many investors like before.
Are you talking about regulation to get investor confidence other than that there is no way to identify whether the project is fake or not even if you drill them about the project you cannot get a clue whether the project is legit or not, so unless there is a regulatory body monitoring those you will not get back the investor confidence.

Maybe the regulation can give trust to the investor to invest in that project. Or maybe the regulation can be made in the country which the project come from, so they can register the project before the developer and the team's launching the project in public. I think the investor will see that the project already passes the verification from the regulatory in that country, so if something worst happens, they can ask for help from that regulatory to investigate.

It is a big challenge for every developer who wants to start the new project because they need to change the people's mindset that the project will benefit them.
If a developer is having a viable project that can change the industry then they will always find investors, the problem here is that half assed developers who want to experiment and who do not want to take any consequences are raising the money and that has to stop.

What you are saying is right. Many of the developers are not seriously to continue every phase from their project, but they say that the market is not good to continue the project, so they delay the phase without telling the reason. If they can be honest to the public, especially to their investor, I guess they will understand for the reason, and they will not complain to the developer and the teams.
sr. member
Activity: 2030
Merit: 269
August 05, 2020, 11:36:20 AM
#81
Won't you take part if Microsoft or Samsung conduct ICO? sure you will. It all about trust and transparency. Any project that is not well know people won't take part because of previous experience.

You have a point if they ever do that people will take part and it will be a huge success because these are big and very stable company you are handling your money to a legal company that has a very good reputation.
but if you say that an unknown company will do an ICO I don't think they will have a chance at all they have to work double time to prove that they are legit and honest in their road map and goal.
member
Activity: 573
Merit: 30
August 05, 2020, 11:31:53 AM
#80
You need to first understand that some project team still do ICO as it is the cheapest because the money or commission to be paid to exchange to conduct the IEO will also do something in the development of such projects. And you should also know that conducting the IEO through a certain exchange doesn't mean that the tokens will be listed for public trading also. That really depends on the agreement reached by the exchange and the team.
member
Activity: 224
Merit: 18
Sovryn - Brings DeFi to Bitcoin
August 05, 2020, 11:23:39 AM
#79
It's left for developers to take the risks with ICO crowdfunding, they should understand that if their project use case isn't that good enough there will be problem attracting investors and investors should watch out too, not all crypto projects are good
jr. member
Activity: 1162
Merit: 1
Base.protocol
August 05, 2020, 11:15:23 AM
#78
Won't you take part if Microsoft or Samsung conduct ICO? sure you will. It all about trust and transparency. Any project that is not well know people won't take part because of previous experience.
hero member
Activity: 2002
Merit: 535
August 05, 2020, 10:58:58 AM
#77
The new project under ICO will face a difficult challenge because they need to prove that they don't give a fake project back to the public. If that can happen, the ICO can come back, and maybe they can get many investors like before.
Are you talking about regulation to get investor confidence other than that there is no way to identify whether the project is fake or not even if you drill them about the project you cannot get a clue whether the project is legit or not, so unless there is a regulatory body monitoring those you will not get back the investor confidence.

It is a big challenge for every developer who wants to start the new project because they need to change the people's mindset that the project will benefit them.
If a developer is having a viable project that can change the industry then they will always find investors, the problem here is that half assed developers who want to experiment and who do not want to take any consequences are raising the money and that has to stop.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
August 05, 2020, 10:37:47 AM
#76
In my opinion, if ICOs are to come back in the game, then there should be regulations and structures set aside in order for it to meet the standards set by IEOs.What other way do you think can lift up ICOs again?

As you stated, government regulated ICO's can make ICO come back to the game.  It is more secure than IEO that is done on exchanges.  With this, ICO projects needs government permits and documents thus the project and team are validated.  If ever the project developer gone crazy and scam investors then there is a way to trace them and hold them responsible for their crimes.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
August 05, 2020, 10:29:39 AM
#75
The stupidity and urgency of holding on to the time of iCO needs to be forgotten because at this time all the projects will reinforce the IEO system. Some projects may monitor ICOs to raise additional funds but I think IEOs are a good way to raise funds and hold IEOs longer if they want to.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
August 05, 2020, 10:22:46 AM
#74
ICOs can't come back, only very limited developers will choose to use ICO for fun raising and such project team must be very sure that their project is up to the standard that will attract investors
That's only the trusted company that can still use ICO to get the fund. As far as I know if there are so many trusted developers have already started to use ICO again right now.

Only trusted project who can use the ico to raise the funds.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 05, 2020, 08:24:19 AM
#73
As crypto gets exposed to the world gradually, new and more convenient features enter the market.Initial Exchange Offerings are taking over with their planned and well structured activities which put the whole project on checks and make sure investors get their holdings after making the buy orders.Again, the coin gets the opportunity to be listed on that exchange which facilitate immediate trading if not planned otherwise by the team.
In my opinion, if ICOs are to come back in the game, then there should be regulations and structures set aside in order for it to meet the standards set by IEOs.What other way do you think can lift up ICOs again?
Regulations can't bring the ICO's into the game only better projects can bring investors towards it but most of the good projects lost their hope on ICO that is why we are seeing different kind of fund raising methods in the past two years.ICOs can be effective if the project has large community support and lot of money to spend but I doubt they will take such risks.
member
Activity: 238
Merit: 10
August 05, 2020, 06:22:45 AM
#72
ICOs can't come back, only very limited developers will choose to use ICO for fun raising and such project team must be very sure that their project is up to the standard that will attract investors
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 05, 2020, 06:19:58 AM
#71
If the ICO can not prove to people that they give a real project to them, I don't think that the ICO can come back smoothly to the crypto. It is because many people have got trauma with the last ICO that they invested, so they think that the era of the ICO ends, and they don't want to get the same mistake. We will see what will happen with the ICO, and we can hope that they will give their promises to the investor.
That is supposedly they will do And each developer will think that seriously otherwise, they will still fail again. The trauma for every investor had felt that time is really hard to completely gone, they will surely think about and sees no difference from the new one.

Now, the challenge could be that hard but if these developers will look for the benefits of everyone, not just for them, they actually get that back and investors will see a big difference. They should have to prove it and should have not to compromise their promises for their is a reason that these investors will show interest with ICO again.

The new project under ICO will face a difficult challenge because they need to prove that they don't give a fake project back to the public. If that can happen, the ICO can come back, and maybe they can get many investors like before. It is a big challenge for every developer who wants to start the new project because they need to change the people's mindset that the project will benefit them.
full member
Activity: 783
Merit: 108
August 05, 2020, 06:16:59 AM
#70
Only new developers can bring ICO back, the only thing investors fear about ICO is getting scammed, if new ICO project is of high quality only then investors won't have a choice but to invest
Now there are no good projects using ICO. They will use IEO to raise funds because it will be much simpler and faster, and the same goes for investors. They will select IEO projects at large exchanges to be safe when investing
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
August 05, 2020, 02:02:19 AM
#69
Only new developers can bring ICO back, the only thing investors fear about ICO is getting scammed, if new ICO project is of high quality only then investors won't have a choice but to invest
full member
Activity: 206
Merit: 100
Decentralized Ascending Auctions on Blockchain
August 05, 2020, 02:00:24 AM
#68
Some are still in the game actually. But mostly they are playing a cat and mouse game where your the mouse that will be crash by them if you make a wrong move. I prefer IEO actually, but with the rise of defi, the system slowly changing since some new project instead on doing a fee on big market for listing they would just tried to impress dex like uniswap to get some popularity then go for listing on centralized which they will got small fee since most exchange will give discount to high performing projects.
Fact! There is still ICO project in the game, however, not a lot of investors keep an eye on them. The reason is that for crowd-funding, we have IEO method which is way better than ICO. Therefore, many people shifted their interest to IEO and other method of crowd-funding. You're right that the rise of DeFi projects has brought a new hype to the market. I believe that sooner or later, DeFi will attract a lot of investors.
Pages:
Jump to: