If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
I really don't think that it's fair to lump all ICO's into one category and call every single one fraudulent and a scam. Yes, many scams do exist within the crytpo ecosphere. An ICO is the crypto version of an IPO. It's usually a fundraising event for a startup company. 
Topic: ICO's Have Been Getting EXPOSED! Finally... - page 5. (Read 734 times)
There's those with working products, with some or no publicity, like their volume is less than hundreds or thousands. And some with extremely good publicity, tons of members but no products or simply doesn't feasible to have one now, losses only can be recovered on some projects, when funds are depleted, nothings gonna left
There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There are still ICO’s who succeeds on their project though its sad because their value are quiet low after the exchange listing as expected. If the project deletes your comment on the telegram or keeps on ignoring the message of every investors/bounty hunters then it can be consider as a scam and already a loss for those who work for it. 
It is true that many projects are useless and just collecting funds without intending to develop anything, but your estimation looks too high.
There are still lot of projects with innovative ideas and working product.
There are still lot of projects with innovative ideas and working product.
If today we are to take a consensus of ICOs that have been able to deliver at least 5 promises in their roadmap you'd be shocked that there aren't much ICOs like that. Most of them were built on the premise of lies in the form of Whitepaper.
Malicious use of ICOs does not mean that it is a scam. So, you can not call crypto scam if most of the coins in the market is scam. Calling ICOs as scam is something like that. As if IEOs are much better...
If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Not 99.9% I think joining in an ICO is very risky it was you if you believe their promises, you can't blame them because you are the one who is responsible on your money you are the one who will invest on it be wise when it comes to an investment you didn't handle what they are thinking specially it was money involved it was your fault if you lose your money, ICO is 100% risky, regarding on the telegram they are the owner of the group they can do anything they want we can't control them so for now be aware on the scam and think before you invest. 
If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Unfortunately, they have scammed a lot of people for us to know that ICO's are scammers game, and now that they are exposed they hardly reach their soft cap, and you are right they are faking their volume to attract more investors, but investors are wiser now or do not have anything to do with ICO anymore.
If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Anything that makes a project bad it will be deleted and they keep anything that makes their image great for the sake of the investors view to their project, we dont know maybe they also paying people who can make good post and everything that can make their project unique that is also part of the bad marketing.
i would say with absolute confidence that 100% of the ICOs are pure garbage because a respected developer doesn't raise funds like this to release a token that has no usages. a respected developer would release an actual project that is going to be used and solves some problem from the world.
besides when something is mostly associated with scams, normal people stay away from it.
besides when something is mostly associated with scams, normal people stay away from it.
Even the new system i.e IEO will also follow this trend, if exchanges launching them aren't scrutinizing them before accepting them, because the scammers will start to use what is in vogue which is IEO.
I hope you don't equate all ICOs or projects with Tipestry because not all of them are, don't use your bad experience to judge all or most ICO is rubbish, try checking all existing ICOs and you will find there are many ICOs that benefit everyone involved in it even a bounty hunter
come on, you might be disappointed but you shouldn't say carelessly
come on, you might be disappointed but you shouldn't say carelessly
Not only swachhcoin there was lots of garbage project which doesn’t have annnimtention to implement solution for problem they just want to raise fund and scam people that’s what they successfully done till now.
It is not yet statistically confirmed that 99.9% of ICOs are scam, but the main problem is, to find good ICOs these days, is a hard nut to crack. Therefore, investors are either careful while investing or they do not not invest during the token sale. Well, despite all odds, there are still good ICOs, but difficult to find.
Yes, it's not like the same again and investors are more wiser than before. It's not like before when will always rush to put our money into them even without doing any tangible research about it. Most investors now don't just rush to invest in any of them and this is the reason why many of them are reaching even softcap again.
The fact is that ICOs have proven to be a scam magnet, it became too easy to imagine a project and get funds through ICO.
Nevertheless, there are failures that are not blunt scams, these are projects that will never leave the drawing board... and this an issue that IEO will not be able to solve, this will only be solved by investors that need to learn to do their research, ask questions and think before investing... rushing after the gold is always a bad strategy...
Nevertheless, there are failures that are not blunt scams, these are projects that will never leave the drawing board... and this an issue that IEO will not be able to solve, this will only be solved by investors that need to learn to do their research, ask questions and think before investing... rushing after the gold is always a bad strategy...
99% of all ICO's projects are worthless or even scam. But, now even worse, with IEO token sale model no one even opens the project's WP, don't bother what problem team wants to solve - just buy and flip. Several noname IEO almost every day on Gate proof of that. Or greedy projects like Ocean, who raised already money about three times and this is not enough for them yet.
I think 90% of ICO are scam not 99% ,we still have good ICOs this year so far but scammers are the ones that ruin ICO life and now investors are running away from ICO projects ,I don't really blame them ,we need more assured way to safe investors fund
That's how you respond for some ICO when you benefited on them from bounty campaign? Of course not all are total garbage, some are still decent projects and you just need to research which is which. Im sorry but this post of youres showing that you dont know a dime of a potential ICO. Yes there are many scams, but if you screen those ICO you will find aome of them are worth investing. Check out ATOM? It is indeed an ICO, without any IEO connections, see where are they now? So you still tell that all ICOs are scam? Still a newbie always a newbie!
not all but many of them, yeah maybe but some project has grow even with small fund.
im hear it from brother, his sold his coin early and the price is continue rising now, they only collected 250 ETH in ico at 2017.
now has gain and have 20 m$ market cap, this project use ETH platform in early then change to EOS platform now.
even in bounty when no one participate in their signature and has low participant in social media campaign.
its mean even with small fund your project will still running and continue growing if you serious and hardwork with that.this project name PGL.
im hear it from brother, his sold his coin early and the price is continue rising now, they only collected 250 ETH in ico at 2017.
now has gain and have 20 m$ market cap, this project use ETH platform in early then change to EOS platform now.
even in bounty when no one participate in their signature and has low participant in social media campaign.
its mean even with small fund your project will still running and continue growing if you serious and hardwork with that.this project name PGL.
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