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.
