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Topic: ICO makes me sick - page 2. (Read 18774 times)

member
Activity: 336
Merit: 10
July 27, 2019, 03:57:39 PM
Generally, we all know that the Cryptocurrency market is down and most of these ICOs will just have to raise fund to fund their projects. So when everything is down now, it's hard for most of them to get enough fund and may lead the particular project to downfall.
Even if the market will rise, I believe ICO will not recover anymore, people will not invest in ICO regardless of the market situation as IEO is here replacing ICO.
this year is not over yet and perhaps in the fall we are waiting for a repeat of 2017. as for the bounty, now so many promising projects conducting the bounty of the company. I agree only with the fact that many projects in 2017 unreasonably rasli because of the illiteracy of invetors, people invested in everything without hesitation, in the hope of easy money, now investors are more demanding and skeptical about projects.
full member
Activity: 529
Merit: 101
July 27, 2019, 03:42:42 PM
That's why I stopped following ICO projects! You may stop investing in ICO projects too because almost 90% of recent ICOs are not making the softcap, that's mean they are filing. Though scam ICO is decreasing but fail ICO is increasing right now. Try to learn the trade and be a trader! Or you can wait for the big exchanges like Binance, Bittrex, Huobi's IEO! The ICO market makes many people sick and poor, not just you! 
legendary
Activity: 3080
Merit: 1144
June 13, 2019, 06:49:06 AM
Generally, we all know that the Cryptocurrency market is down and most of these ICOs will just have to raise fund to fund their projects. So when everything is down now, it's hard for most of them to get enough fund and may lead the particular project to downfall.
Even if the market will rise, I believe ICO will not recover anymore, people will not invest in ICO regardless of the market situation as IEO is here replacing ICO.
full member
Activity: 421
Merit: 100
June 13, 2019, 06:45:01 AM
In 2017, ICO's were the as 2018 and this year. A lot of ICO's were created and only few of them had been successful. So, don't expect much ICO's will be successful. The only difference was that time almost every altcoin including bitcoin reached all time high during the bullrun. Now, we're still recovering from the bearish 2018, so it is so difficult to get the confidence of investors to go with ICOs.
copper member
Activity: 224
Merit: 0
June 13, 2019, 06:39:24 AM
You have a good point there as the ICO has just turn to something else and not the blame of the developer but the greedy  ones who dont have anything to offer rather than just collect peoples funds and be happy with it .

We actually have lot a good project out there but dont have funds to support but the likes of scammer who just collect funds and disappear makes the whole thing tire every one to even buy in to the ICO of a thing and now the new step is ieo which I think will go a long way to save this community.
copper member
Activity: 462
Merit: 1
June 13, 2019, 06:34:15 AM
Generally, we all know that the Cryptocurrency market is down and most of these ICOs will just have to raise fund to fund their projects. So when everything is down now, it's hard for most of them to get enough fund and may lead the particular project to downfall.
member
Activity: 490
Merit: 11
May 30, 2019, 07:04:05 PM
ICOS have not only became less productive and they have become less promising too. Investor can no longer be convinced to put their money in, because the ICO projects definitely have nothing to offer that is what taking an investment risk on.
ICO negative news that made many people know that they were no longer interested in ICO, many projects failed so they were afraid to start there.
but maybe ICO will improve if there are some things that need to be updated.
and the ICO is not dead, it can still be used because not all ICO projects are bad, it's just that they are afraid to join him.
jr. member
Activity: 152
Merit: 1
May 30, 2019, 06:22:10 PM
ICOS have not only became less productive and they have become less promising too. Investor can no longer be convinced to put their money in, because the ICO projects definitely have nothing to offer that is what taking an investment risk on.
member
Activity: 262
Merit: 10
May 20, 2019, 03:18:19 PM
ICO has a huge amount of pros and cons. I like it in ICO because it is an opportunity to make money by investing. I do not like the fact that projects come to ICO without having even a sample of the working product and want to collect investments under the word of honor.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
May 20, 2019, 11:04:06 AM
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
Personally, i like this line of thought. Many dev think they can just jump like grasshoppers,  but funny enough, even investors are like zombies they just latch or follow any ico without thorough investigation on the past record of the project team. There have been a scenario like that,  the ceo has records of frauds in the past,  yet he was able to syphon funds from investors just like that only to scam them again....
member
Activity: 179
Merit: 10
May 20, 2019, 10:42:47 AM
Yes, now it is very clear that the IEO is more desirable than the ICO because ICO has a lot of disadvantage to the crypto community where ICO fraud is more prevalent than the IEO, and I also trust the IEO more than the ICO today.
no wonder if you trust the IEO and the ICO, many people also think like you. anyway now maybe fraudulent with IEO mode is still very little, because maybe it has to do with exchanges. it makes the risk of losing our money to the IEO still small, but remember, the IEO does not guarantee benefits, it would be better to keep researching the project seriously.
full member
Activity: 1050
Merit: 104
May 20, 2019, 10:38:45 AM
i will never taking a part on any ICO sale again, the new era of IEO, STO and SAFT will be good alternative for replacing traditional ICO.

Yes, now it is very clear that the IEO is more desirable than the ICO because ICO has a lot of disadvantage to the crypto community where ICO fraud is more prevalent than the IEO, and I also trust the IEO more than the ICO today.
jr. member
Activity: 381
Merit: 1
May 20, 2019, 10:29:28 AM
i will never taking a part on any ICO sale again, the new era of IEO, STO and SAFT will be good alternative for replacing traditional ICO.
member
Activity: 1022
Merit: 10
May 20, 2019, 10:24:08 AM
to work as extending manage of manufacturing of product and delivery of service for public audience and gains with the manage to collects of spares of returns with the chance of tasks with the running evaluation on focus of objective with the business on altcoin trading.




sr. member
Activity: 1974
Merit: 453
May 20, 2019, 10:17:43 AM
The problem with the ICOs is that in case the project fails, your funds are lost and you will not be getting any reimbursements. Most of the ICOs are unregulated and uninsured. On top of that, in many cases the promoters are anonymous. Many of them operate from little known third world nations, and therefore if something goes wrong, it is not practical to take legal action against them.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
May 20, 2019, 10:14:53 AM
ICO is fully of scam and fraud projects for now, that's why almost of all investor stop to invest in ICO.
IEO is the best alternative choice to change ICO because it safer and much better than ICO.
I do same like other people that is stop join ICO and wait just only IEO in big market.
IEO is very profitable with just a minutes to take a hardcap.
Not all IEOs quickly reaching Hardcaps as you say. it only happens on very large exchanges such as Binance
full member
Activity: 812
Merit: 100
www.cd3d.app
May 20, 2019, 10:05:14 AM
I think you are too much when you say that ICO makes you sick. In my opinion, ICO does not all make us lose money. There are also many ICOs that provide benefits so we must be wiser in evaluating an ICO. If we are an ICO development team then we should maintain the project that we are running if indeed the project is a good and potential project. We must be resilient in dealing with any dynamics that occur in crypto currencies. As a wise development team, we must be open to criticism and wrong so that we can always improve every shortcoming of our project. Do not until when there is a shortage, we leave and change to run another project.
member
Activity: 264
Merit: 11
May 20, 2019, 09:53:40 AM
ICO is fully of scam and fraud projects for now, that's why almost of all investor stop to invest in ICO.
IEO is the best alternative choice to change ICO because it safer and much better than ICO.
I do same like other people that is stop join ICO and wait just only IEO in big market.
IEO is very profitable with just a minutes to take a hardcap.
jr. member
Activity: 199
Merit: 2
May 19, 2019, 11:21:25 PM
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

I feel you sir. Been in the crypto space for several years now and I've seen how destructive these ICO's are on investors. They're literally killing us! I've seen scams wherever I look at my Telegram group and I was so glad when STO's were introduced. It made things better but IEO's definitely rocked the space. IEO provides investors much more security and the good thing here is that they're partnered with legit exchanges. I've participated in a recent IEO that sold out quickly, they're a collectible project which will have a hardware wallet where you can store them. Some cool stuff! Atleast with the IEO, I can see the tokens that I invested in compared to an ICO in which I have to wait for it to end or whatever before they release it out.

True, the evolution of how we protect our investors is indeed good. That's why most projects now can't raise funds if they're still using ICO, most that projects that I'm seeing successful now are IEO's already.
hero member
Activity: 1050
Merit: 529
Student Coin
May 19, 2019, 11:20:46 PM
As a bounty hunter after your effort and hard work for several months and the ICO is announcing to their participants that they have failed their sales it make me sick totally, i have encounter most of the ICO who have failed their sales i think due to the market situation.
That's risk of joining early, but with taking that risk, you can also be rewarded as you'll earn bigger stakes if they will succeed.
If you don't want to experience that, better join the bounty when they already hit the soft cap.
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