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Topic: How can ICOs come back in the game? - page 7. (Read 1633 times)

full member
Activity: 1638
Merit: 122
August 04, 2020, 11:06:58 AM
#47
ICO is now out of date method where there is a huge chance of scam by scammer team after collecting fund. Hence, IEO is a safer way than ICO. Here investors fell safe to invest and they get tokens instantly where in ICO , they can be cheated in the name of later token payment. I personally like IEO than ICO.
not true as far as i know you will get your coins the same day or the same time after you pay if your an investor of an ico but only most ico coins are not yet listed , that means you cant sell your coins yet but whats the point of investing when you are only going to sell your assets imediately  .  ico isnt out of date and theres no such thing as out of date .

its like you are saying that btc is out of date too just because its created first
full member
Activity: 1099
Merit: 116
August 04, 2020, 10:53:03 AM
#46
ICO is now out of date method where there is a huge chance of scam by scammer team after collecting fund. Hence, IEO is a safer way than ICO. Here investors fell safe to invest and they get tokens instantly where in ICO , they can be cheated in the name of later token payment. I personally like IEO than ICO.
sr. member
Activity: 1036
Merit: 329
August 04, 2020, 10:40:56 AM
#45
Maybe implementing standards like IEO is realistic, but there are other factors that must be done including selecting ICO candidates who will launch publicly, where there must be one team that provides close supervision so there is no more ICO that scams and destroys the market. so the most important thing is the formation of teams for each forum in order to avoid an ICO that is indicated as a scam

even they use their real identity it doesn't mean they will not going to be scam the hard truth is those who use real identity receive a lot of funds from investors. since they believe that using real identity will make them looks  legitimate and they can easily fool people to believe in them  and promise more good things on the project they are building.
legendary
Activity: 2030
Merit: 1189
August 04, 2020, 10:34:56 AM
#44
Why would you want them to?

There's an absolute fuckton of shitcoins already, we don't need anymore overhyped projects that do nothing but ruin a bunch of noobie traders.

If you want ICOs to come back so you can make a ton of money from shitcoins, then there's no need for that.

There's plenty of altcoins already pumping right now, just check out some of the small, and micro-cap coins. We've seen a bunch do 10x, 20x, and even more in the last few weeks.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
August 04, 2020, 10:31:50 AM
#43
In recent fundraising the strategy is improving and we have seen some successful fundraising without the ICO strategy. Though more private sales is coming up with lower capital, few IEO raised to the contrary. Some delayed projects are getting listed and some old failing projects delisting. This delist could give opportunity to improved ideas by listing awaiting coin, swapping of coin for new project coin. I feel there will be improved form of fundraising towards the year end
newbie
Activity: 27
Merit: 0
August 04, 2020, 10:30:09 AM
#42
I don't think ICO will be able to come back in the game because of a lot of fraud that has taken place in the past years. A lot of investors lost money and a result reduced the massive adoption of crypto. Most of those investors will not like to come back and invest except there is a drastic action to regulate ICO.
full member
Activity: 1176
Merit: 162
August 04, 2020, 10:28:08 AM
#41
Correct, Initial Exchange Offerings have really taking over the token sale services to the public. But what if some technology will give us something like Decentralized tokensale? We can view what is going on and the project is reputable, have great marketing and good idea, maybe it could bring it back.

I am thinking of something, DeFi has many possible services like this, found on binance blog.
Quote
Currently, the three largest functions of DeFi are:

Creating monetary banking services (e.g., issuance of stablecoins)
Providing peer-to-peer or pooled lending and borrowing platforms
Enabling advanced financial instruments such as DEX, tokenization platforms, derivatives and predictions markets



What if DeFi can make something like, Decentralized Tokensale? That's a game changer I guess.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
August 04, 2020, 10:19:53 AM
#40
Why would they go back to the game? Now some projects use the ICO model, there are just a lot of alternatives, it's good.
it caused by the fact that some icos are still worthy to be considered a game-changer. Did you remember what happened with the DYCO, STO and various things that tried to copycat the ico model? those models have become a failed model.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
August 04, 2020, 10:17:43 AM
#39
Maybe implementing standards like IEO is realistic, but there are other factors that must be done including selecting ICO candidates who will launch publicly, where there must be one team that provides close supervision so there is no more ICO that scams and destroys the market. so the most important thing is the formation of teams for each forum in order to avoid an ICO that is indicated as a scam
hero member
Activity: 2926
Merit: 640
August 04, 2020, 10:09:33 AM
#38
Promising people and developers that have an actual experience of running a project.

They must dedicate to that project so that the investors will believe again to them because if they don't, ICOs are good to say as a dead crowdfunding.

Not all about promises but with actual application.
Many teams hire freelance developers these days for their project and not someone renowned with a good history.
Freelance developers cannot be trusted as they have the right to leave the project whenever they want to and, in that scenario, the project remains hanging.

A team of experienced developers, advisors and technical staff is what most of the people look for in a project.

If a project is launching an ICO, investors should be smart enough to carry out all the research and background check before investing their hard earned money into it.
full member
Activity: 1064
Merit: 101
July 27, 2020, 02:47:43 AM
#37
I am not sure if the ICOs as a concept can make a return, but right now you just have to market yourself properly, throw some buzzwords in like DeFi, decentralized etc. and your pre-sale will be oversubscribed 500%. On the other hand, DYCO from DAO Maker is an exciting new rendition of the ICO concept, the first project that tested it (Orion Protocol) has had a major moonshot, partly because of the DYCO and partly because of their DeFi tech.
newbie
Activity: 2
Merit: 0
July 27, 2020, 02:34:37 AM
#36
The popularity of ICO has really been broken and destroyed because of the many ICO Projects that are SCAM. And this makes investors really angry about this ICO sales system. Therefore there is no need for improvements or rules regarding the ICO project because there is now an IEO sales system which has advantages when compared to ICO. And if ICO gets up again, there will be few investors who will trust and participate in it, I'm sure of that.
sr. member
Activity: 1188
Merit: 251
July 27, 2020, 01:30:42 AM
#35
I think that if ICO is really needed then it will return gradually, but what we see here, IEO is much easier and trusted by some projects for now when it will raise funds, so most will still use IEO to sell their tokens and register on the exchange the.
some projects are also still conducting ICOs and only succeeded in being less interested.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
July 27, 2020, 01:29:44 AM
#34
Why would they go back to the game? Now some projects use the ICO model, there are just a lot of alternatives, it's good.
As long as that comes from the trusted team and then whatever kind of model that already used is fine. We didn't care so much about that but we must try to see in fact the ICO model is not yet dead.
People just realize it right now. I hope there will be more projects will come.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
July 27, 2020, 01:28:00 AM
#33
What investors are interested in is profit, if the ICO cannot bring them profit when investing, I believe they will never care about it. The good times of ICOs have passed and we already have an IEO at the moment, which is the only way for investors to make a profit by investing in new projects.
Thats the point of investment profit. Do you actually think or believe that there are ICO investment that only look on the greatness of the product? Maybe there are few but majority will only focus on profits. Whales are just playing with the market. ICO investors in this new era usually gain profits probably like what happened on avalanche raises 42million USD thats amazing. But since other ICOs are not like this, better always watch out.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
July 27, 2020, 01:09:26 AM
#32
IMO, Maybe their project must be registered in government law, So the Scammers do not dare to scam investors because they will face with police. Indeed to compete with the IEO project I think it will be very difficult at this time, Because investors already comfortable to invest in IEO project.
What investors are interested in is profit, if the ICO cannot bring them profit when investing, I believe they will never care about it. The good times of ICOs have passed and we already have an IEO at the moment, which is the only way for investors to make a profit by investing in new projects.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
July 27, 2020, 12:54:29 AM
#31
What other way do you think can lift up ICOs again?

The only way is the team reputation and the platform they are bringing to the community, people are scammed in ICO because those who are holding ICO has bad characters and their only intention is to scam people, second is the platform, investors do not support an ICO because they see the platform as of no use or there is already existing platform in the community, like the exchanges platform.

If there is someone reputable enough who will back the project up and openly tells the public he invest to it. Lets say Elon Musk openly endorse it and the project needs the funds which they are doing ICO. I think people will try investing but then the SEC will likely try to interfere again with this.

In the form of IEO, there were trying to revive the crypto economy but gradually fail because its just that more scams are doing it thru the scam excahnges as well. This time its DEFI and collateralization.  
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
July 27, 2020, 12:50:39 AM
#30
if the system is better than IEO, I think it's open ICO as we know it again. however, there must be a guarantee between the investor and the team in the matter of the sale. At present, we are looking for investments that can make our trust increase for the team. IEO has that, but currently, ICO doesn't have that. if the ICO develops new conditions, then it becomes a new model ICO
hero member
Activity: 1442
Merit: 510
July 27, 2020, 12:42:45 AM
#29
IMO, Maybe their project must be registered in government law, So the Scammers do not dare to scam investors because they will face with police. Indeed to compete with the IEO project I think it will be very difficult at this time, Because investors already comfortable to invest in IEO project.
full member
Activity: 2324
Merit: 175
July 27, 2020, 12:32:17 AM
#28
What other way do you think can lift up ICOs again?

The only way is the team reputation and the platform they are bringing to the community, people are scammed in ICO because those who are holding ICO has bad characters and their only intention is to scam people, second is the platform, investors do not support an ICO because they see the platform as of no use or there is already existing platform in the community, like the exchanges platform.
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