Topic: ICO IS ALIVE AND KICKING - page 7. (Read 1307 times)

Isn't it late already?

The investors are already discouraged with a lot of ICO scams.
Looks like that wound is already a scar so it wont be easy to hide anymore.

The media and social media have already spread that to whole wide world and web.
They shouldve just stayed with bitcoin. All those millions of dollars could have been a big pump instead of risking it.

Wondering how much did Binance earn from those ICOs. Even if those 2 succeeded, how many ICOs failed or turned out to be a scam so the success rate if joining an ICO is somewhat small.

Investing in ICO projects is still good and you can make a profit if you invest in an ICO project with a good team and platform like Binance, I tried to join binance's ICO but they sold out ! 

I have taken part in many failed ICOs and few successful ones. After a series of failed ICOs owing to scam cases and insincere teams leading to heavy dump after listing and in turn blaming the bearish market, I have sometimes share in the sentiment of many projects who blame the bad market for their coin heavy dump, but two case study has shown that with a good team and the right strategy, their coin needs not dump to "hell-fire" as we are currently experiencing thereby discouraging investors.

Binance exchange have conducted two successful ICO/IEO on their launchpad, with both doing very well above the inertial offering. The first one is said to have lasted about 16mins and all sales was sold out. while the second one which I participated in only lasted just 22secs and individual  cap was $3,000. Both are currently doing very well above the ICO prices. With the success of these two launched so far. more and more people are interested in participating in such project as it has some level of trust and integrity, and not when team after conducting ICOs, will not even pay bounty hunters, but keep posting them, but when they finally pay and get listed, the price will just be a shit.

Anyone team still willing to conduct ICO should come up with a mechanism to defend their projects from gravitation free falls, so as investors don't loss hope in their project and later blame the hailing market. Hard times call for a new set of thinking for a change.

The market does look less friendly, but if indeed the ICO team has expertise and professionals, market conditions are not an obstacle to continue developing. We must realize the market with this situation, the ICO team does have to be more creative to find loopholes in order to be better and better accepted by the market.

snip

Anyone team still willing to conduct ICO should come up with a mechanism to defend their projects from gravitation free falls, so as investors don't loss hope in their project and later blame the hailing market. Hard times call for a new set of thinking for a change.

This is just one of the many reasons, the main reason really is not the scam, it's the market condition which is still in  bearish mode.
We know there are plenty of scams but we have smarter investors now and they can determine which projects are scam or not and they can also be profitable if only the market is in good condition.

A lot ICO scam last year and make investor less confident on ICOs. Many good project with good team had affected and not reach the target but i am believe people will more carefull when join in ICOs

Yeah, I am aware of the very bad situation on ICOs currently. Just few successful ICOs and most turn to failed and scam projects. This is a strong reason for investors to avoid ICOs. Many investors prefer to buy new coins/tokens on exchanges now. It indicates the decrease in trust to ICO massively. If there are no changes in ICOs, then we may lose ICO forever.   

I agree on that, we need to choose the ICO project. Analyze first the content of the project if it is possible. Do some research on the core members, check I'd it is legitimate.