ICO's future - page 2. | Bitcointalksearch.org

aoihs00

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Quote from: g4r1n1m on October 04, 2017, 11:42:59 AM

soon it will be like APP Store

many many applications , most of them useless, but there is always new one that becomes great and useful

same will be with coins & tokens

Nice concept regarding the App Store. There might be a different ICO everyday but most of them are really hopeless in terms profiting ourselves. This well applies to only those persons who are crypto hunters and lovers. Rest of the ICO is actually matter of customers who will be using their products and services for which ICO develop the protocol to fund their projects by selling the tokens and sharing the shareholder status with us.

This might keep going forever but there needs a proper protocol to be followed so that we can just have them clubbed somewhere like you said kind of App Store from where people can access them and use the concern services. Sound cool but hope regulations won't digest the ICO too hard.

DarkSi

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Quote from: g4r1n1m on October 04, 2017, 11:42:59 AM

soon it will be like APP Store
many many applications , most of them useless, but there is always new one that becomes great and useful
same will be with coins & tokens

Good comparison. But I think raising money is overestimated. Actually it is pretty simple task already. Venture funds hire employees seeking good projects all the work day.

Of course ICO makes this task even easier. The hype about cryptocurrencies and blockchain created an illusion that everyone can make a couple of slides and get easy money. Or invest couple of thousand dollars and become rich next weekend. But the reality is different. Lots of scam and high volatility. As always, not everybody wins.

In my opinion, many projects are the victims of this illusion. They don't want to be a scam, they are good guys, they want to create really usefull product. They easily raise money through the ICO. For example, $30M in 18 minutes. Looks great, right? But it could be a big problem soon.

When money will be spent on development of the product the price of token will be decreased if the business model doesn't prevent it by its nature. When the token price will start to decrease, business could fall. Without ICO the same guys could raise $10M by a venture fund in a month. In a year the project could reach break even instead of death.

asriloni

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I think that things work just like that, have you seen kickstarter for startup project that make fundraising by making IPO and finding private investor, 90% of them are fail but 10% the rest could have the potential of becoming unicorn company, maybe in the future, the ICO market will look likes what you've said but don't miss the opportunity of investing into another "big" company in the future.

Latrix

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Seems like Dubai has taken their first step.

akmittal

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Quote from: g4r1n1m on October 04, 2017, 01:01:03 PM

Quote from: bitorama on October 04, 2017, 12:54:01 PM

I think more and more governments will regulate ICOs

yes, it will happen
but more and more ICO's will come anyway
just regulated ones
its even better i think - more money will actually go to the market and not to scams
and there still will be a way to invest anonymously with kmd Cheesy

No doubt these will be like APP market.
but money is involve here directly so many govts will regulate the market and ICOs.
because there is probability of scam as usual in finance market. where is money there is scam.
but hope valuable coins will cone in future.

Bacotan Bae

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Can be said 90% ICO 2017 successful so that makes everyone interested to create a new project. I'm sure ICO future will be good for at least 3 more years and maybe a big company will make ICO.

loreykyutt05

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Quote from: Catmony on October 05, 2017, 11:52:57 AM

In future I think there will be lots of ICO and most of them will be just scams with big claims. I got surprised to see even a project without proper whitepaper or team is collecting millions of $ through ICO. That's just crazy, people are just investing their ETH in random ICOs if this will continue like this than people will stop trusting even a legit ICO in future.

I agree that's one of the reason why china ban ICO's they cant even recognize the legitimate ICO and not , many people use ICO as a name to scam million of dollars from people , that's why investors should be smart to recognize the legitimate to illegitimate , there was actually a lot of legitimate ICO that was happening at this moment we just just have to be very scrutinizing.

beerlover

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Quote from: imutlinda on October 05, 2017, 12:14:10 AM

Ico already has a good place in the world of cryptocurrency. They just need to grow better and stay better to stay. Because ico is a smart way of investing and already a lot of successful people from ico. But I think ico need strict rules so that no ico scam is harmful

In as much as it has increased the level of scam, we cannot deny the fact that it has also raised some huge projects and as well helped so many investors. However, and as it is, it is most definitely going to be regulated. Good for those who are the early adopters, I believe a time will come that starting ICO will be a challenge for most projects and even the present ones will still always be monitored.

The truth is some of these coins in the market will end up in the drain, no doubt while the thriving ones will be struggling to stay relevant. Just like the OP said, it will end up being like application store, actually, it is already.

kryptqnick

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Quote from: Catmony on October 05, 2017, 11:52:57 AM

In future I think there will be lots of ICO and most of them will be just scams with big claims. I got surprised to see even a project without proper whitepaper or team is collecting millions of $ through ICO. That's just crazy, people are just investing their ETH in random ICOs if this will continue like this than people will stop trusting even a legit ICO in future.

Well, most of people in this thread talked about regulations and I think it is truly likely to happen and minimize scam projects as you call them. I think you are wrong about the future, it will rather offer us cleaner market due to regulation and high competitiveness of coins, because there'll be a lot of legit icos and people will become more serious about choosing their object of investment.

Cmoh

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Every new concept and and invention at first face the situation of resistance. But in ICOs which is a most independent concept for the private organization to pool money for their project may get some interference by some economy.

Catmony

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In future I think there will be lots of ICO and most of them will be just scams with big claims. I got surprised to see even a project without proper whitepaper or team is collecting millions of $ through ICO. That's just crazy, people are just investing their ETH in random ICOs if this will continue like this than people will stop trusting even a legit ICO in future.

Gangy

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Yes you are right . We see more and more ICOs everyday and most of them are just scams trying to get people's Money. For me that doesn't overshadow the potenial of ICOs because there is still high potential waiting to be discovered. We will see much more useful ideas from smart people. There is no end to innovation. So this altcoin market will keep on growing no matter what.

ioseta

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i think, this cryptocurrency market going to grow and grow on coming years.
We will see full of projects, apps, ideas, scams etc. But there will be always good ones which we could be able to choose.
and i wonder and would like to see future of projects which are present. Their future could give us information and opinion how going to be ICO's future.

Lorilikes

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Initial coin offerings will be so common and so regulated that eventually the crypto currency aspect may not even be a part of the picture. Less and less scams will occur thankfully. Many will fail, and few will rise to the top. They are not going to disappear any time soon.

Good luck and happy investing.

Wink

CryptoBuds

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Quote from: g4r1n1m on October 04, 2017, 11:42:59 AM

soon it will be like APP Store
many many applications , most of them useless, but there is always new one that becomes great and useful
same will be with coins & tokens

As I know gaming industry is profitable too and 700 of new mobile games are coming out each day at APP Store + Google Play. So I want to agree with you. Moreover it's pretty strange that we don't have such kind of "marketplace" for ICO yet.

Remainder

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Not all ICOs is success and they just create another ICO with a better projects ideas that's why more and more ICO are just come out this year.

vfrcbv911

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I think you're wrong. Yes, projects of conductive ICO very much, but that's okay. The cryptocurrency market have appeared recently and what is happening now is normal. Many of today's projects will die, but among them there are normal companies that will work.

pawanjain

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Nothing lasts forever

Most of the governments will regulate the ICOs in future knowing that there are many scammers out there who are waiting for investors to invest in their useless ICOs. So the governments will have no other option other than regulating ICOs and passing strict laws against them.
There have already been many incidents where many people lost all their money because of such scammers and that's why countries like China and South korea have banned ICOs.

svojoe

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Quote from: g4r1n1m on October 04, 2017, 11:42:59 AM

soon it will be like APP Store
many many applications , most of them useless, but there is always new one that becomes great and useful
same will be with coins & tokens

Interesting thought. But I suppose it won't be. Just because of ICO and crypto have decentralized nature Wink

Smoikata

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I think that the whole process, which is welcome for all investors and for all honest companies that raise money, will be regulated very soon.

Topic: ICO's future - page 2. (Read 1012 times)