Topic: Is it true that 99% of ICOs are either failed or scam? - page 5. (Read 1040 times)

It's not true, not majority of ICOs are scam,  in actual fact we have so many good ICOs with novel ideas and solutions but this bearish market makes it look like all the ICOs are scam or either fail, some get frustrated out of the space because they can't raise enough fund no matter how many times they extend token sale but there are still some devs that pull through and deliver on the roadmap and whitepaper

Thre are so many ICO who failed and some turned out to be a scam.
But 99 percent is not a good figure to tell.
tehre are also many ICO which is legit and gain the success.

In most cases, in a market like today, we can say that this is so because it happens that many projects simply cannot collect anything and, as a rule, they simply close their projects or pause or prolong their fees.

Maybe this year that could be true, I still doubt it is %99 because that is a lot of failed projects but if you only accept the ICO's that managed to get funded %100 and than started out I doubt that number is that high. There is a threshold there, if an ICO is funded 100% on their goal there is a big chance they will survive, however if they fail to get funding from the people than yeah all of them fail.

Moreover, the ones that manage to get funded are still doing horrible in 2018 as expected because everything else is getting low as well but last year during the height of both crypto and ICO's, you could invest into ANY ICO you want and still make money from them, there was a dude called "thegobone" and he invested into multiple ICO's last year and always made a profit since everything went up in price.

Anyone who claims that 99% of all projects is a scam - probably a bit exaggerating, but i can agree that most of the projects will not fulfill any investors' expectations, however much we want this and however much we try to prove  somethihg else.

A statistic for the year 2017 has shown that over 80% of the ICOs were scams in this year. For the year 2018 I have not found any exact statistics, but I assume that the statistics will not have changed much. There is a tendency for even more ICOS scam projecte than 2017.

https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams

obviously, not 99% are the scam. If that would have been the case then you will find no one interested to invest in an ICO. If there is money then you will find a scammer nearby. There are lots of ICO which are fake or failed. But there are good ICOs too.

If you take all the projects, you're probably right, but in my opinion 50% of the scam projects can be determined by spending 5-10 minutes on their website, and if you are going to invest you can spend time and contact someone from the project team. Most scam projects are very easy to identify.

The problem is that many projects did not fix ethereum in a fiat at the stage of ICO in January - February. and now they can’t grow because they don’t have enough money

It seems to me that the figure is slightly exaggerated, but nevertheless the meaning is correct ... A very large number of ICOs did not do what they were going to, or maybe they did not even want to!

I think 50% of ICO is a scam, while the other 50% is a failed ICO and a successful ICO. I think 99% of scams are not true, too much

We couldn't say that 99% of it is failed or scam ,
Maybe most of them are scam but we couldn't say that most of them have failed maybe most of them got delayed because of the market crash they are a bit short of funds.
But as long as the dev,team and community is alive and active we couldn't say that the project is dead or it is already considered as a failed project.

Maybe as you said but I believe that the ICO is fraudulent and fake, and maybe more than 70% as far as I know. But this is not the main issue, because somewhere in ICO there are many delicious projects and terrible profits because we are not looking for

Majority but not 99%.  Many ICO did not meet the minimum requirement to make their start-up successful but they still push it, in return the project failed or stopped at the middle of progress.  This is the reason why I believe ICO must be regulated, to filter it from half-baked plan, fraud and scam project. 

I would be very hesitant to call most ICOs a scam, as I think this is far from the case.

Instead I would look into the validity of each project. Would you call a company you invested in a scam if it was a poor idea? No it would simply be a bad investment. Of course there are some scams as there are in any investment sphere, but I think the issue is if the token doesn’t blow up or the company goes under, they are labelled a scam.

The most important thing is to look at the business as any other investment. People get too hyped up when they here blockchain or decentralisation. These two concepts and technological breakthroughs do have their value, but just because a startup includes them in their system, does not mean it has a great concept.

Look into :-

- What is the company / startup trying to accomplish? Can this be done just as effectively without a token / blockchain? If the answer is yes, then it’s not a great project to get involved with.

- The team - How strong is the team? How long have they been together? Are there any weaknesses? If the team is very weak or lacks a vital part (i.e. marketing or a small development team) then look away.

- What is the white paper like? Is it extensive? Have they done their homework?

- What is the marketing like? Are they reaching out to people and encouraging community growth? If not then they do not care much for the investors.

- Do they have a working product? This is a great and for me personally my most important factor. Sometimes they are not able to have one of course, but if they have the ability to have one without the funding it shows they are committed to the project as they have invested time and money into it already and you are able to see what they are building.

I think that the problem of many projects is that they entered the market at an inopportune moment. Even high-quality projects have fallen dramatically in price.

I would say it's more than 99%, at least of the ICOs from 2017 and 2018. In 2015 and 2016 there were still many good ICOs. Almost all ICOs have no finished or marketable product. Those who already have one often share the market with other ICOs and dig the water out of each other.

I think the figure is too high and extreme, we have good projects in the space and good people behind them, because the market crashed and bring the whole space down doesn't means everything ICO is a scam. I will say 90% because it is a natural distribution, some project will die not because they are scam but because of lack of fund, and this seems to be affecting alot of projects now with back treasury management

I don't think that because still there many good ICO's are available in the crypto market which is a great example of innovation. And they have become hugely successful. We just need to select the ICO carefully before joining them.

I may not be sure about the actual figures in percentage but it is a known fact that most ICO's fall into this category, the failure and scam rate was so huge and coupled with the fact that the market was very unfavorable for most listings. Bringing in some form of regulation to the ICO market will help put some check