Topic: ICO IS ALIVE AND KICKING - page 2. (Read 1325 times)

ICO is getting out in the community, it robbed many investors before and scammed many people even bounty participants.
IEO is the new game around and it is gaining again the trust of every people in cryptocurrency by using great exchange.
I hope this could change the game better.

IEO is a scam by itself even if it happens on binance. Only the exchange and very few early investors benefit from it.

And the issue is not even the high costs to list up to 30 btc in many cases

Most exchanges take a large amount of tokens (around 5-8%) from the proceeds and another batch - up to 30% of the proceeds as insurance fund that marketmaking will fail.
If the project fails to maintain the token price higher than a certain level for 4-6 weeks, the project will lose this insurance fund.
And then, there is mandatory allocation of funds for marketmaking, where the project is obligated to spend money invested in them in artificial pump of the price of their token

And if the exchange is not very honest, it is always easy for them to dump their 8% and lower the exchange rate beneath the threshold of the insurance fund loss.

So the actual costs of an IEO for a project are between 30 and 60% of the money raised.

Now think about it. People are investing in the project thinking that this money will go into development of a product. But instead , it is spent on games and gambling called IEO. The project is left with less than 50% of the funds raised, and I've found several cases where projects spent 80% of the money raised on IEO just for the consequences of said IEO .

What are their chances of developing a good product with 20-40% of what they actually need?

after what happened on 2018 , i am quite understand about ur opinion.
investor just need a guarantee . for make their money safe,about if the project will provide huge profits, its just like a gamble for them.
at least they not lose too much like on ICO.

But even if some ICO are still relatively good, they still can't contribute or help ICO back, the market has started to turn away from the ICO, as you say, the trend of current projects is still focused on the IEO, investors and the whole project only want a contract listed on exchange, they no longer want a long ICO process. ICO will still be alive but ICO will still be alive but the situation is not optimistic, it is attached to a cancer, it will not die immediately but it will be painful and die gradually over the years

Lol, what would make scammers disappear from the ICO market if the opportunity would always be there for them to scam? The only thing that can make scammers to leave the ICO market is if every project is being scrutinized carefully and the only way to get scrutinized projects is when is when it becomes regulated, as long as we don’t have government to regulate it, ICO market may never change.

so we need to hope that government will eventually legalize it and then set up agencies that would be there to always go after scammers, I am sure that in as much as it is a decentralized system, it is still not bigger for government to control it. Alternatively, if government fails to regulate it for us, let’s see if it is something we can also come up with a solution just like Binance already came up with one.

It is the only way to make their project successful at the present time. If the non-IEO project and ICO implementation, it will surely fail because investors will never risk the same way as in 2018.

Frankly speaking am not seeing ICO resting in peace because there are still much pretty projects that still embark or embarking on ICOs and come out successful. We know we have come.to the errand of IEOs but the power of ICO cannot be written out in the world of cryptocurrency. Every technology can be use either positive or negative as we have seen in ICOs, likewise IEOs.

They should and they should also think of investing big money to be able to get their project listed in Binance IEO.
They have limited number of IEO in the exchange so there's also a big competition from those who want their project to get listed and Binance will also protect their reputation and they will not just list an IEO without making an investigation first.

Binance Exchange has a way of positively influencing the Ico's and IEO's using the Exchange due to its popularity, integrity etc.
Any team aspiring to having a successful ICO/IEO should have a thought in the direction of using Exchange(s) that have great command of investors.

ICOs will be popular once again, but first scammers have to find other way to cheat investors. When people will feel safe to invest in ICO it will be back to good mood.

IEOs are really good, but I also saw some very good ICO projects over the past year. they raised a lot of money through the ICO.

I disagree pal. After seeing a lot of IEOs in the past months, IEO are now showing its true colors. The sad part is that Binance is leading the way to make IEOs having no credibility at all. CZ is just making artificial pumps on their shitty IEOs and they are just waiting for a good time to dump on idiot HODL gangs for life. I know there are legit great IEO projects but the other top exchanges should not let shitty projects launch their IEOs on them for huge sum of money.

IEO is a way for us to get rid of fraud projects in the easiest way, but in the current market, we should only trust the top exchanges because those exchanges will ensure the safety of all investors. I think the IEO will continue to grow even bigger in the future and will definitely be mentioned more in the future so it's best to stay away from ICO because most are scam projects.

What are you talking about, they are not ICO projects rather IEO! Binance IEO was hugely successful because of the Binance itself, not for the projects! Though those projects were also great as Binance never supports shit things!
Most of the reputed exchange's IEO gave good profit to its IEO investors, but ICO is still a very bad investment. I thought this year STO will tule, but STO is more worse than ICO! And, I haven't seen any ICO this year that gave profit to its investors, except Ferrum!

ICOs are not so great at the moment, because everybody is taking part only in IEOs. What is the point of investing in ICO and wait for several months until listing happens, if you can take part in IEO and trade those coins 24 hours later.

What would you expect? These scammers would typically use up those things which are on hype to get up some money from investors.IEO might not be similar to ICO but overall they can still act shady on this one.Theres no project can spot if the team behind would be still a fraud one because even its listed,theres no assurance that they would stay up on the market for a while.

We still have lots of great projects giving their shot in the market also, but they are not being seeing because we now have many investors that would not look at them again and just classify them as scam, and that is why they don’t meet that softcap again, they go halfway and then stop to refund people of their money since they could not meet up.

Many projects and investors are quite focusing on IEO right now which is why you see so many project rising up through IEO and so many investors trooping into IEO platforms massively but unfortunately, I learnt that scammers are now beginning to use IEO also to scam investors again through some of these low quality exchanges that don’t care about doing due diligence before accepting them.

It seems to me that there is no reason to doubt the ico market of the company and its feasibility.  The fact is that, first of all, it is necessary to solve the problem of fraud so that there are fewer bad and fraudulent projects, and then new projects can be implemented very productively.

For any ICO to survive at this time, it must have proven its worth, a lot of persons have already moved from investing in ICO's and one have to be too convincing to attract investors, I I have seen few that emerged successful but it appears the era of having a lot of them is gone as the Ann thread just have very few of them