Topic: ICOs are they successful or scam? (Read 1089 times)

They know the ICO through twitter, facebook, medium, youtube, etc ... It is easy to understand that the investment experience and way of each person is different. So before deciding to invest in an ICO project, each investor must study the project or some will rely on advice from their friends.

If you do your research and see if a project can really add something to the market that has not been done before? Why would it be a scam. If something is too good to be true yea then it could be a scam. Those days the returns in crypto. Those won't stay forever I think. Currently, all decent ico projects give 2 times to even 3 times return when they enter the market. On the real stock markets that's a dream if something like that happens. While there are examples like LinkedIn but it does not happy many times. Research is the key in crypto fundamental choices works out well with ICO.

we have to make an analysis if we want to determine which is good and which is bad. Some are not scam but their project is not really realistic and therefore, its price may drop during the developing time. Be careful while choosing

This is not true anymore, most of them has a trend which is definitely the reverse of your thoughts. They do an ICO, then their token hits the markets, exchanges. Then the price is dumped. And then it starts to rise once again. This is the benefit for the long term investors.

I would have thought most ICOs are scams because most AltCoins are crashcoins that peak a short time after release and then are gradually dumped. There may even be a few really big ones out there right now that will hurt a few people  But you can't expect every coins to be a success, to have a winner you must also have losers.

For me, it is almost impossible to define what ICO is the scam. There is always a risk of bankruptcy. But good research could give you at least X2 at the exit.

That is the question we all would like to know the answer to, you just have to dyor and make the decision.  There is always an element of risk so just be awre that you could lose what you put in.

This is true,most of the ICO or projects as of now do have already the same concept which makes investors wont really be interested already to put some funds.As you said only a few do really follow their roadmap and striving on developing on their project even more.Most of them tend to fail or having no updates after a certain ico. Its just like accumulating without being serious on the project that they do propose into the public.

well he or she have to research about the ico that he will be joining at because if he/she weren't did that the money that he invest may will be leading into just a trash, if the ico that he join in is failed then he will be not success in the ico,.

True! Out of 100 ICO that has sold out there are only of those that is successful and really follow their roadmap most of the ICO now a days has the same concept and idea. Investing in ICOs is very risky so it would be better to research all the detail and most importantly the developer and the team backgrounds to make sure if its legit or not.

Depending on the type of token you will have different value propositions. We distinguish between three general types of tokens:
Type one: usage token; work token; asset-backed token
Type two: native blockchain token vs. app token
Type three: useful token vs. useless token
Different projects are at various development stages at the time of their ICO. Some are only ideas others have working alphas. Depending on the stage of the project you can draw your own conclusions:
Does the project have only a landing page?
Did they write a whitepaper? How relevant is it?
Running prototype?
Blockchains are all about trust and transparency, therefore, security is a big part of a project especially if it has to do with smart contracts. Writing secure smart contracts is a difficult task:
Audits: were there any external audits of the code? If yes by whom?
Is there a testnet where people could play around with the app and test it?
Even though many governments still lack any regulations, this does not mean that the developers have the full freedom to do whatever they want. Their business idea might not even be allowed:
Regulation: how national and international laws could affect the business model?
In order for a company to succeed its product needs to solve a real world problem. Relying only on a good idea won’t cut it:
Value proposition: What problem does it solve?
Demand: Is there any demand for the product short term and long term
Social media buzz: Does the project get discussed in the relevant communities even before launch? What is the general opinion? How do experts in the field valuate the project?
Competition & partners: Any announced partnerships? Any competition?

Well not all ICOs are scam many of them are very successful and raised some handsome amount of money. Few black sheeps  are there in every field and in ICO there are few which are scam. To avoid lose of money thoroughly investigate the team and the projects there LinkedIn id, whitepaper, target market and how innovative the idea is.

actually, 25% of them are successful. 50% are scammers and the rest will fail cause their project can not make the world better or supply what people need. Some ICOs are useless and therefore if you want to invest in ICOs, think clearly before making a deposit

Some are, others maybe not. Due diligence is the most important thing. Don't invest because somebody on a forum says it is a good idea, investigate properly, read the whitepaper and check the background of the people behind the project. However, even if a project is not a scam, it may still fail.

This is so true. There are good ICO's and there are also scams. Better to check those mentioned above or your sorry of your investments. There are legit company with existing business that raised for ICO to source out funding.

As someone else mentioned DYOR (Do your own research)

Check for the degree of transparency, legit team, LinkedIn, whitepaper etc.
Check for community, activity level on channels, media presence etc.
Check for use case impact, innovative use case? competition? Market size etc.
Check for funding structure, amount of tokens, supply cap, how much money that they want to raise/compared to how much they need.
Check for the stage of development, any MVP, beta platform, whitepaper etc.

Also be a wolf, not a sheep, act on your own guts and plans, don't follow the status quo.

Im supporter and follower only on the REAL few percent of ICO project.however, i always keep in mind that an ICO project are unregulated and unsecure, there is no supporting agency that will evaluate them thats why there always a great chance that most of ico project that are sprouting are only there just to make money and runaway after they get what they want..we should do are due deligence before making a decision.

ICO = scammy distribution model.

Why would anyone participate in a scammy distribution model? I just don't get it.

You should first of all look at their social media and see if the account are old or new, if new it raise a suspension. Then check if the developers have previously been a part of a good project or a scam, if they were also a part of a scam then you shouldn't touch this project at all.

You have to do your research. I liked EventChain after researching them myself. Now I even joined the signature bounty campaign. Bounty campaigns are a great way to get involved for free before actually buying an ICO.