At least you are getting something back.
They could have exit scam and not give money back.
Why they are refunding, project fail or price fall made them not to have enough money for development?
Topic: ICO New format scam - page 3. (Read 25021 times)
What exactly do you mean by new ICOs? If here we are talking directly about STO or IEO, then I also do not support such processes, so I also think that it is best to adhere to ICO processes.
Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
that's why people say that ICO will die in the near future. that is entirely reasonable because there are so many fraudulent projects right now. Good projects will often combine with capital mobilization in exchanges (IEO) to make the process faster.1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
Public token projects will no longer be in the future and scammers will soon leave the market.
Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
I think this is the correct refund method. When ETH price 300$ and you invested money in ETH pair not USD, So that project development refund your money following their rules and regulation. Why only 40% money back i don't know and i think it's happened in the few project. 1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
What ? 40% only for refund is not a good thing for the peoples who put their money in the project.
They must return at least above 90% of the raised funds so their investors not lose too much money.
point no 3 is worst. If the softcap reached, they should not cancel the project and refund the raised funds.
If any company not able to collect required funds and stop their project due to any reasons and give you full refund then you cannot ask it a scam if you get less $ as they always collect in cryptocurrency and refund the same amount which they collect and the value decided by the market. You will get the same amount of your investment in same crypto in which you pay.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
No, They are not a scam and it is not their fault either. I would feel sorry such honest ICO projects, they came with a good plan and raised good money but failed to meet the soft cap! So, Those projects gave back money to its investors. Many projects went away without giving refund when they did not make the soft cap! And, Projects like URUNIT, IngotCoin are the shame for the crypto community, they raised huge money and after then they changed the total work plan so investors and big partners took back their money and those projects are now dead even after reaching the soft cap!
i think right now its not the right time to join any ico except IEO
not all ico's are scam , there are still few who are legit . all you gotta do is dig them because they are already burried by those scam one's . and you did mention ieo , i do heard of ieo before . i think ieo is a hell lot better than ico .
better buying ico / coin when hit the market to aviod drop prices
the price actually drops more after the coin is listed to an online exhange but its more safer because you know that they are not scam . investing in the actual ico has lots of advantage only if you are sure about their legitimacy .
I also do not like the new format of the ICO and I think that soon people will realize that it is meaningless. The sale is very fast, although the token or coin is not of any value and in a short time its rate decreases several times. 
Once the ICO was stopped or paused high possibility to the ICO to turn to scam that's the technique of the team of ICO to do this but the ICO is scam. They have a lot of format now to scam ICO so you need to be aware on that so you can avoid it and you will not lose more money in your pocket. I suggest once you invest there is a risk that your money gone because you are not 100 percent sure that your money turn back or grow.
Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
This is very interesting point. IN my opinion, the whole ICO field is kind of scamming people. Rarely projects are trustable. Better avoid ICO overall.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
There are thousands of way for scamming people. No matter what you know, scammers will find a way to scam you. People should do enough research before any kind of investing.
i think right now its not the right time to join any ico except IEO
better buying ico / coin when hit the market to aviod drop prices
IEO is here too. Seems like it's going to be a huge trend soon. better buying ico / coin when hit the market to aviod drop prices
i think right now its not the right time to join any ico except IEO
better buying ico / coin when hit the market to aviod drop prices
better buying ico / coin when hit the market to aviod drop prices
I think not all of the ico are scam, there are some other ICO that are legit and profitable, but there are so many ICO that are turning into scam that is why we needbti select a legit ico to avoid lossing profit. I still believe in ICO and I believe that soon ICO will rise again and we will earn on it.
Scammers like mushrooms and everywhere there are. They are looking for opportunities to deceive us by investing. The lack of strict regulation that can suppress it does not yet exist. So they continue to roam freely. We really have to be careful, take your time to do research.
I have learned that, Not necessarily a project that is delayed / stalled is a scam, because the delay in the project can be caused by many factors, if your funds are still returned I think it is not a scam, this proves that they are responsible. if the ETH value decreases I think it is a market condition. if reach the softcap then the ICO stops, then this is most likely a scam, unless there are clear reasons, and investor funds are returned based rules. based on the example of the ICO Scam project that you listed, I can learn that the more Scam models we have to beware
Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
but not all ICOs apply such a format. indeed I have heard of such things, but during my ICO, I have never been able to get an ICO using this format 1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
because more and more people are lacking with the results that have been obtained so that now many ICO projects are scam, for now there will certainly be many investors who don't trust the ICO project, so they will be more careful in choosing ICO projects and investing their money, hopefully in the future, the ICO project will be better, there will be no fraud like now.
I don't think its a scam because its normal for projects that doesn't reach there target to refund the investors and if ETH price drop its not there fault but I want to ask this question' what if ETH price increased?
Almost 90% of ICO's turn out to be scam or even if its a legit project but cannot reach its softcap the investors will carry the burden as they waste their time on that project. We must be very vigilant on choosing a project to invest since the scammers are growing in crypto-space.
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