If ICO Fails, Then what happen next?

aioc

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Quote from: basty03 on March 10, 2019, 09:53:28 PM

If ICO not be successful so I think nothing will be expect to that project unless they continue and develop their project. Their some projects that not succeed to their ICO but still stand and continue to develop their project and product.

Sometimes there are exceptions like what Xera is doing now, they announced that they are going to move forward and go on with the project, even if they did not reach the softcap, but there is a project like Konios who lied to investors that they proceed with development even if they did not reach softcap but lied because they are not doing anything yet.

princeyeboah

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Quote from: akashark on December 15, 2017, 03:48:11 PM

There are many ICO is running at the same time. Maximum ICO can't be success. So, if I invest in any ICO and if they can't be success then what will happen with my money? Will they give me back me my money or not? I am so confused. So, please kindly inform me.

Thank You Everyone.

Some ICOs give back investors their money if it is unsuccessful that's with the legit ICOs. The scam ones will definitely run away with the money. Anyway, I suggest you do an extensive research on the project before joining the ICO. Look out for the product of the project. Is the product in high demand? Is the idea of the project capable of attracting investors? These are some of the questions that should guide you in selecting good ICOs.

Aponkye1

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When ICO fails, legitimate and trustworthy projects would return the funds of investors back and either collapse the project or better still go ahead and find strategic partners to help them get more partnerships with other projects. A project like Orvium had to refund the funds of investors because it did not reach softcap.

basty03

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If ICO not be successful so I think nothing will be expect to that project unless they continue and develop their project. Their some projects that not succeed to their ICO but still stand and continue to develop their project and product.

motun01

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If an ico fails to meet a soft cup automatically or ideally, the investors are supposed to be worn refunded of all their contributions but right now projects are using smarter meals to eat in people's money.
What they do is the set the soft cap of the ico to be a very low price of less than 5 million and then set the hard cap to be very high so that any case where they fail to meet that hardcap, they do not have to refund investors money because they will meet soft cap.

gidaahmad

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If the ICO fails, the project is stopped. Because at least, the ICO developers need a soft cap target to continue the future plan. And if the soft cap is not implemented, they will return investor money.

stefany101

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Quote from: akashark on December 15, 2017, 03:48:11 PM

There are many ICO is running at the same time. Maximum ICO can't be success. So, if I invest in any ICO and if they can't be success then what will happen with my money? Will they give me back me my money or not? I am so confused. So, please kindly inform me.

Thank You Everyone.

We all know that there are so much number of active ICOs running out there and there are still some other organization who wants to also have an ICO program, for the reason that they want to have their own cryptocurrencies, there are time that ICOs are not successful, what will happen next is depends on the ICO rules, if they going to refund the investors or not, but if they reached their soft cap, for sure that they gonna continue their project.

CleverOracle

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Usually the ICO owner are oblige to return funds to its contributors if they didn't met the minimum funding goal for the project but if the project is fake or scam then the chances of getting your refund is zero. if you notice most of the ICO nowadays is extending their token sale due for not reaching its softcap.

cryptocyprus

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I think that everything is quite simple and now it is still not worth investing in ICO. I do not yet see that people make a profit from investing in ICO.

daporivera

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Well, if the ICO fails, they should return the funds back to the investors if the team behind the project are not scammers. But if it turns out that they are scammers, you will never gets refund.

makerst

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In general, nothing happens if the developers are honest people, then they begin to return the funds, if it turns out that they are not honest people, the funds will not be transferred and they simply will not respond.

rachman mahesa

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Usually what is done by the project is a return of money or investor funds. Because I once invested in Iico and Iico it failed. And my funds will be returned to me. That's what is usually done when ico fails.

burky156

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Nothing happens, usually the projects owners never want to talk about the failure and usually they escapes with the money. Unfortunately in 2018 i have seen that situation more than 100 time.. Only if the projects devs are good and kind persons, they would pay your investment back to you but it happens %10 projects.

robelneo

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Quote from: akashark on December 15, 2017, 03:48:11 PM

There are many ICO is running at the same time. Maximum ICO can't be success. So, if I invest in any ICO and if they can't be success then what will happen with my money? Will they give me back me my money or not? I am so confused. So, please kindly inform me.

Thank You Everyone.

This is the reason why we should research the people who are running the project their trustworthiness, and their honesty, if they have these criteria, then you can have your money back but it should be stated that they will return the money if ICO is not successful.

conected

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Quote from: SportsbookBettor on March 07, 2019, 02:33:08 AM

If the company failed to get their target money in ico then the project will be halt or can't be continue but what will happen to the funds? There are a lot of company that can't get to soft cap but most of them return the money to investor and as always there are team that is not returning funds and if so happen that you invest in this company. Then i might say there are a small chances of getting your money back.

- Well, return money to investors when the project fails, it's just for old projects, such methods rarely occur in the present time because developers of projects have become very greedy and cunning over time, they don't want to waste what they create. And they began to have other plans to devour the money from investors when their projects could not be completed, and typical plans may be that they start extending the project time continuously and then, they announced that the softcap has achieved and paid the token to investors but a very sad thing is that the token will never be listed and the development team will stop working on social networks and information

TelolettOm

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ICO Actually Products that do not fail, but because a lot of fraud has decreased investor confidence in the ICO. So there must be changes in terms of the system and the existence of supervision to make investors feel safe in investing.

Arkham Knight

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Quote from: akashark on December 15, 2017, 03:48:11 PM

There are many ICO is running at the same time. Maximum ICO can't be success. So, if I invest in any ICO and if they can't be success then what will happen with my money? Will they give me back me my money or not? I am so confused. So, please kindly inform me.

Thank You Everyone.

They will never give your money back and you should know the risk right before entrusting your money to that project. The only thing you can do is say goodbye to your money or if they are just a scam then report it to the authorities who can help you in this kind of situation.

mbluxs

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ICO There must be a change to get a profit. as we know that now there are so many frauds that occur and there must also be regulations to regulate ico so that investors can get security

kickdapa

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It depends actually. If you invest in good projects then the team will give you back your investment money by your asking. But If you select an unprofessional, bad or scam ICO, they will scam you for sure. So, before investing in any ICO projects, you have to go through proper research! Your thread was posted in December 2017, that was the golden year for ICO Market, But if you want to invest now then you will have to research over months to ensure about a good project.

Pom_bensin

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ico's failure was caused by teams who were not serious about working at Iico, they let ico become a scam after they got a profit. I agree more if there are strict rules on ico so that there are no more ico scams

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