Topic: ICOs are dead! Yeah I mean DEAD!!!! - page 3. (Read 26173 times)
On my own side, I perceived greatness in the cryptocurrency market his year, the beginning right be bearish though but greatness will show up at last.
Rather, the bounty of the company is dead, and ICO is still feeling okay and alive, but at the end. This year, most likely, all ICO will be transformed.
Here's what I really don't like about ICOs and why they're dead to me:
1. "After ICO, the token's rate would be $X.XX per coin/token"
Excuse me? Really? Yeah we know the hype, right? Been there already. Most ICOs don't live up to their promise that their rate in exchanges would be that high amount. For example, there's an ICO whose token is worth $0.01 and claims that when it hits exchanges, they will be worth at least $0.20. But hell no!!! The reality is that when it hits exchanges, the rates are way below the ICO price!
So ICOs, don't make promises you can't keep, especially claiming that the amount will be huge when it hits exchanges coz' it mostly likely not gonna happen. Sad reality. Nothing but hype!
2. "We're pausing the campaign until further notice"
What kind of f***ing excuse is that? I know most of their fucking delay strategies just to let their community think that they should trust them no matter what. They keep motivating them on Telegram, Facebook, Twitter or so, but in the end, they would silently abandon their project without announcing to the public. Worst of all, they're taking the investors' money away and hide in their private luxurious islands, yachts or so. Bear market? Naaahhh not a valid excuse you morons! You're just using that term to your advantage just to make the community believe in you until you silently run away with our hard-earned funds!
3. "We're focusing on the project's development before we hit exchanges."
Sorry to say that the truth is that they're doing that because of not having enough money to list in exchanges. Whaaaaaat? I can say that it's one of the worst, worst, worst, worst, worst excuses that ICOs are addressing their respective communities. F*** there are some exchanges that are free to get listed such as IDEX, MetaMorph Pro or so, and you can't even have time for the token to get listed? I don't have a f***ing problem when it comes to project development. However, just don't say that you can't get listed in an exchange which is fucking easy on the free ones.
4. "Tokens will be locked for a certain period of time to avoid mass dumping."
For me, this is not fucking true at all. Even if you do that, the market would still be dumping. I've experienced that with a couple of tokens (Seal and Gamestars). As I remembered, Seal locked our tokens for 6 months to avoid dumping. However, after 6 months, when they unlocked it, the price already dumped too hard. The same thing with Gamestars, in which they're giving tokens to bounty hunters batch by batch for like every 3-4 days. The sad reality is that this strategy is old and won't work anymore.
I don't know if you guys felt the same way like I do towards s***ty ICOs! Therefore, I can say that ICOs are a thing in the past. I would root for STOs this time, because they're regulated.
1. "After ICO, the token's rate would be $X.XX per coin/token"
Excuse me? Really? Yeah we know the hype, right? Been there already. Most ICOs don't live up to their promise that their rate in exchanges would be that high amount. For example, there's an ICO whose token is worth $0.01 and claims that when it hits exchanges, they will be worth at least $0.20. But hell no!!! The reality is that when it hits exchanges, the rates are way below the ICO price!
So ICOs, don't make promises you can't keep, especially claiming that the amount will be huge when it hits exchanges coz' it mostly likely not gonna happen. Sad reality. Nothing but hype!
2. "We're pausing the campaign until further notice"
What kind of f***ing excuse is that? I know most of their fucking delay strategies just to let their community think that they should trust them no matter what. They keep motivating them on Telegram, Facebook, Twitter or so, but in the end, they would silently abandon their project without announcing to the public. Worst of all, they're taking the investors' money away and hide in their private luxurious islands, yachts or so. Bear market? Naaahhh not a valid excuse you morons! You're just using that term to your advantage just to make the community believe in you until you silently run away with our hard-earned funds!
3. "We're focusing on the project's development before we hit exchanges."
Sorry to say that the truth is that they're doing that because of not having enough money to list in exchanges. Whaaaaaat? I can say that it's one of the worst, worst, worst, worst, worst excuses that ICOs are addressing their respective communities. F*** there are some exchanges that are free to get listed such as IDEX, MetaMorph Pro or so, and you can't even have time for the token to get listed? I don't have a f***ing problem when it comes to project development. However, just don't say that you can't get listed in an exchange which is fucking easy on the free ones.
4. "Tokens will be locked for a certain period of time to avoid mass dumping."
For me, this is not fucking true at all. Even if you do that, the market would still be dumping. I've experienced that with a couple of tokens (Seal and Gamestars). As I remembered, Seal locked our tokens for 6 months to avoid dumping. However, after 6 months, when they unlocked it, the price already dumped too hard. The same thing with Gamestars, in which they're giving tokens to bounty hunters batch by batch for like every 3-4 days. The sad reality is that this strategy is old and won't work anymore.
I don't know if you guys felt the same way like I do towards s***ty ICOs! Therefore, I can say that ICOs are a thing in the past. I would root for STOs this time, because they're regulated.
Unfortunately, I've heard these excuses many times. Almost all ICOs are dumping at the listing in this bearish market... but among them, there are also good projects that I think will recover in the future.
I think ICO is not dead, maybe it is just a strategy for the one who rule the network. Ico is a big investment so it is not easy for ICO to be down. There are lots of investors, there are projects are good. Maybe you can say that ICO is dead because there are some investors are get into scams. For me ICO is not dead, it is alive.
All these examples are just excuses for new projects that could not raise enough money. but I think some projects have true statements.
And that's why we still support bounty of the projects. Yes we can say some projects are scam but please do not generalize the whole market and projects as it becomes FUD in the perspective of an investors to avoid ICOS.
I think not dead, but soon will be.STOs are the new players in the ground. The main in the ICO market is the transparency between the investors and the project.The investors will look their benefit in the project but if they dont get that , there will be no response in the future.
Man, don't be so sad about ICOs. I have a belief that after certain period of time there might be a rebounce! We just need growth in market cap and situation will go to the better! Even now there are some good ICOs like bittorrent and lto
Hopefully the ico market will change into something positive and will not die completely, but as in 2018, hopefully it will not continue. Although i am hoping for a positive development, i am afraid that ico could completely die in 2019.
I agree with you on some points. The last year was not so easy for the crypto currencies market as well as for ICOs. But if you investigate the project, you still have a chance to get profit even on the falling market, you just need to make a deep research of every project/coin.
yes ,I agree your point .ICO's are going to dead this is the time Security token offering i mean STO . This year according to my prediction lot STO project will lunch .I hope this will make some huge changes in crypto industry .
Those lists showing the evidence that most of ICO's currently failed and i think they only can't says the truth that they have failed and indeed i have to says ICO's almost be dead and everyday we are see there are large number of ICO's cannot reach hardcap or even soft cap
there are so many ico tokens that enter the market but not all are good and it won't affect ico to grow again, so in my opinion ico won't die and continue to grow in the future, even on the cmc site there are many new tokens that appear and still exist until now too. even though it has no value.
Yes, this makes the surrounding mission market embarrassing. STO can't change the market, and now the IEO started in Korea may change the entire ICO market. If the financing cannot go smoothly, the cryptocurrency bull market will not come.
The past 9 months have been really diffucult for ICO's but I know of 2 projects that ran in the summer and autumn that I am really comfortable having taken part with as they are backing real world products. SHR from ShareRing and WOLLO from Pigzbe. In general it makes sense for any companies contemplating launching funding to pause until market conditions improve.
ICO is not dead but underperforming I will say,many of them don't count the cost before coming up.I think it is high time developers and teams begin to count the cost before running and ICO.
At the current market, really very rare ICOs have courage to launch their tokens, almost every successful token which launched this past year, 2018, down to at least 10 or 20 times at current. Not all ICOs are dead, but can say yest 90% are dead or scammed.
ICO's are not dead! This sphere is just being transformed at the moment. The hype is gone and that is awesome! All the scam is leaving the market now but true projects appear and develop. You just need to know how to choose good ICO in order not to lose your funds. There are lots of such projects, just open your eyes and turn on the brain.
ICO has indeed lost a lot of investor confidence so that by 2018 many ICO have failed and fraud projects have also increased. However, when entering 2019 this new hope arises. Because market conditions are also starting to rise and I'm sure by 2019 there will be more changes.
At present, crypto's condition seems sluggish but for ICO it will certainly be more varied, but there is still a scam. By researching well, this year's ICO began to develop and stayed in choosing projects that were more worthy of value.
ICO has indeed lost a lot of investor confidence so that by 2018 many ICO have failed and fraud projects have also increased. However, when entering 2019 this new hope arises. Because market conditions are also starting to rise and I'm sure by 2019 there will be more changes.
Only few project are good at the present time, its because there are so many scammers doing their fake project to earn money and that`s the reason why new project now is worthless and not enough for our handwork.
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