It is true that there are many ICOs and it is more difficult to select the right ones which representing valuable ideas.
Not experienced investors are in trouble these days in which project to invest.
Topic: Is It a Concern That Hundreds of ICOs launch daily (Read 210 times)
This is a problem for investors, as they correctly choose the right project, and do not fall into the hands of scammers. And also, for bounties, because they too can be deceived and do not pay for the work done.
There are not these hundreds of ICO per day. Where did such statistics come from? Yes, there are many procedures for the primary placement of tokens, not all projects are worthwhile. It is necessary to develop systems for the approval of ICO.
i dont think so. because no one cares about crap projects. they launch the token sale but nobody invest them so they can not run their projects. there are only a few good projects that can reach to hardcap per month.
There are indeed a number of ICOs launching on a daily basis, something that can be seen as a concern and at the same time a god news, Its a concern because there are a number of scam ICOs taking advantage of thi to launch their scam projects, which if people aren't as careful can fall can fall inyto their trap and result into loss of money, , Its also a good thing as its a sign that the crypto arena is growing and gaining popularity
It is not a concern even though there are alot of new ICOs daily, there are still not have quite a liking about this kind of investment. Not all ICO have reached soft cap during ICO there are still alot of fails ico daily. So always becareful on where you will invest your money.
it's a double-edged sword with pros and cons. on the one hand, this is bad because of the numerous scams and time for analyzing projects, among the large number of ICO. on the other hand, when a little ICO is also bad, not everyone will be able to invest or participate in a bounty. need something in between! identify scams and cheater early on and not give them the opportunity to raise money.
The increase in the number of ICO projects is a positive trend for the whole crypto community.
It is necessary to analyze projects and choose those that will make money for investors
It is necessary to analyze projects and choose those that will make money for investors
In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.
In my own opinion, if there are so many ico's that is being launched then it only means that the competition in the market is keep on growing which is good for bitcoins growth.
Yes it is a big deal because it will not allow one to know those that are real and those that are not real. Only that some bounty managers have established and created some trust for themselves that is one of the ways to sieve out fakes. Another issue is that it will affect the value of altcoins and icos will not be appreciated like it was before. It Will turn out to become a bit boring I feel really concern about it.
One hundred ICO per day... It's anything incredible. I check many ICO aggregators and don't see so much new ICO in one day.
I know that hundreds of tokens create every day but about so much ICO - I don't hear. May be they talk only about site and company which want go to ICO
It is a problem not only for investors. It's also a problem for the general public that is not well-educated on this ICO trend. The risk comes mostly from scam ICOs, others are from straight up failed projects, and there's such a small percentage of successful and useful projects from all these ICOs now.
This is a big problem with so many ISO frauds. This problem does not even have unique and reliable solutions. Probably the market should suffer from this disease. I do not see any other way out.
In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.
Not really, I think ICOs are the best investment in this market. The prices are going down and down! I would suggest you to invest in projects that are targeting real markets like Liven, Ubex and RedCab.
Its definitely a concern as the market currently being flooded with good for nothing coins that seek to add no value or very little value to the market, which will be the undoing of the crypto industry, Scam ICOs keep coming up too, that scam people out of valuable time and money. If only such can be regulated then the industry might just survive
yes it is, because of hundreds of ico's that is being launched daily, the percentage of scam bounty and scam coin is continuously increasing.
To some point its concern as too much of such ICOS come by but a significant few makes it to the market, Most either fail because of the poor project plan, while others don't succeed because they were never meant to go anywhere, the intentions were to scam people and upon realization of their goals,they go missing, It might be a god thing too as it expands the scope of the crypto arena, but also presents a challange
I think that's good because this is the world of cryptocurrency to make the future better, but be careful if you want to invest in the world of cryptocurrency and you have to be prepared with the risk that you will happen.
Well it really is a big concern for the crypto world and it is one thing that might hurt this industry more then anything else. But i believe that these scams are only alive till everything is regulated. Once that happens and a few are put behind the bars only then are these useless ICOs going to stop.
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