Topic: ICOs are dead! Yeah I mean DEAD!!!! - page 4. (Read 26194 times)
I don't understand ICOs anymore ,I can see is always about the money ,funds,if you select a ICO to invest in you have to start worrying ad praying they meet there softcap and hardcap ,that's the only way they can stay around ,this is so wrong I think security tokens will be better
Been involved with a lot of projects that hit the rocks along the way. Painful indeed it usually was but I think usually understand with them because if money is not raised how do you sustain a project
Indeed, many ICOs have failed so that the OP says the ICO is dead, and indeed a sluggish market cannot give hope to any ICO. ICO needs a hard struggle to succeed and get a more trendy market. Hoping ICO will return to exist and potentially.
This is why we need ICOs to be regulated. I have faced all the mentioned situations plus some ICOs after collecting the funds
decide not to pay the hunters at all or pay them half a year later than they were supposed to pay.
That's correct, regulation will solve a lot of problems and one good thing it will make is it will attract the investors again because investorsdecide not to pay the hunters at all or pay them half a year later than they were supposed to pay.
are confident they will not be scam anymore as there is a law that will protect them. At this current situation, the government are still in the process of crafting a good law on ICO and I hope they will release it soon.
I felt indeed current ICO does not mean anything. any results from crypto could not even speak a lot on the market. There are no longer enough where innovative ICO and could give encouraging results. many may be initiated to hold results of crypto ICO that they did in the hope it will get better. but in the long run also even not necessarily it's going uphill or could be quite inferior to other new ICO and the increasingly tight market competition.
This is why we need ICOs to be regulated. I have faced all the mentioned situations plus some ICOs after collecting the funds
decide not to pay the hunters at all or pay them half a year later than they were supposed to pay.
decide not to pay the hunters at all or pay them half a year later than they were supposed to pay.
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.
The examples you mentioned above are very correct in this downtrend market, because the ETH and BTC prices are quite low so they don't have the cost of maintaining the project, and also because many people have lost confidence in crypto. But not all are dead. There are still successful projects even in the downtrend, its price is still several times with ICO price, but the problem it takes time.
I think the ICO age will end soon. But I can't say it has ended yet. Market conditions are very bad. We couldn't expect them to show any improvement in this environment.
Unfortunately i can only agree, because icos are really dead.
I can hardly find a good project on the market.
Icos will certainly get the death shock in 2019.
now it is very difficult to find a really good ico but that does not mean that ico is dead, only dying because if he dies it will not be able to live and grow again but if only dying then the ico can still riseI can hardly find a good project on the market.
Icos will certainly get the death shock in 2019.
why am I sure that ico is just dying? because when the crypto value rises again, there will be many successful ico, because there are many bad ico because the crypto value drops so many ico cannot get their sales target even when they have sold a lot of coins because the coins they sell are very cheap they want to sell ico coins at high prices when the market is bearish
During last months i saw just few ICO projects that reached softcap. And even less - projects that made all payments and hit exchanges. ICO industry looks so sad.
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.
1. Ever thought about why the token prices collapse like that? It is not the ICO investors who sell at a loss, it's most of the time because of Bounty Hunters who dump their coins at a fraction of the ICO price ...
2. Yup that sucks, but it tells me that the team itself isn't even convinced that they're collecting the targeted funds. Here I agree with you, I also think that the current market situation is no excuse.
3. Why should I as an investor want the coin to be listed on an exchange as soon as possible? Or why should the team pay millions to be listed on an Exchange? The only thing that counts for me as an investor is development. If you are a bounty participant and want to dump your coins it looks of course a llittle different
4. So you say "as soon as they unlocked the tokens, the price dumped". Maybe you can already see a certain pattern.
So what I'm trying to say is: Maybe the Bounty participants shouldn't dump the coins immediately.
Or even better: Bounty participants should only be paid in BTC or ETH.
We are experiencing many issues related to ICO processes. I totally agree with your ideas. Almost all ICOs fail and investors are unhappy. I wish that would change 
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.
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.
In my opinion listing an ICO token in the exchange - IDEX it's not such a bad thing. Look how much volume have got some tokens, even if you don't know anything about the project you can find it by IDEX listing.
Indeed, the variety of different token sales methods drive us all crazy. Some methods are not even moral, so we should stay away.
There is no reason to run a public ICO during this bear market, investors are not interested in buying tokens that have unknown future, but that does not mean we will not see new ICOs. When the market turns around, we will see a lot of ICOs and STOs. With more regulation, I think future ICOs will be serious and committed to deliver their promises.
if ico is dead then why are there still many new projects that do ico. we might think ico is over because we see a lot of projects that failed in ico's time. but what about quality projects, even they can still get hardcap.
in my opinion, ico is currently only experiencing a difficult time, due to fraud problems, falling markets and regulations. if these problems can be resolved, I'm sure ICO will be one of the best places to collect funding.
in my opinion, ico is currently only experiencing a difficult time, due to fraud problems, falling markets and regulations. if these problems can be resolved, I'm sure ICO will be one of the best places to collect funding.
The fact that the big exchanges have problems with listing tokens. Because no one wants to pay for placement on normal exchanges. And this leads to the fact that investors in the totals lose their money. Yes, I think ICO is living out the last year.
Even so, in fact there are several tokens that succeed listing in large exchange places and their token exchange volume is rises. I think the listing in exchange is about the cost problem, because if the problem is smooth everything can happen, the exchange maybe will think about it.
No they not. But now it's much hareder to choose the correct one. You have to investigate a lot about a team, history of a project. A lot of different things. But there are good at market. The best example for me is Huobi Russia. They have team with a big expirience. They have a supprot from Huobi Global. It's means a lot. So who search will always find a good one.
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.
All of your statement was true and correct, it is obviously that they didn't raise enough fund for their project. And yet the worst things happen was they will extend their bounty campaign but they never give any additional budget for it. But they extend the task requirements but the rewards is not which I think too unfair for their participants.
I think the ICO is not dead. just find a decent to follow ICO is not an easy thing to do. many of the ICO fails arose and this certainly makes investors becoming increasingly bosa. plus the price is not in accordance with the wishes of the early also makes the result of ICO for the worse and felt like it already does not have hope again.
although the conditions are like this but I don't think that ico will die, I'm sure no one is ready for that as well as investors, everyone likes crypto and ico is crypto so I'm sure that there will be parties who will make solutions to all these problems and now I'm waiting for that solution and I hope it's not long Jump to: