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Topic: Is the ICO dead? (Read 731 times)

hero member
Activity: 3052
Merit: 685
September 02, 2019, 01:31:21 AM
#83
How is it possible for an ICO to give 45,300% returns? Are you sure about your figures? Can anyone confirm this post about the Volume Network ICO? The claimed returns are just insane. If there are such ICOs ongoing now, then it may still be worth the risk to invest in them. Even if we invest in 100 ICOs and get one ICO with 453x return, then that alone is enough to get a positive ROI.
On volume network's ann thread a $30,000 hardcap was mentioned and 3% of their total supply(300 million to be specific) was distributed to the investors. That would mean the price of each coin costs $0.001 and checking the current price of volume network on coingecko and coinmarket cap it's at $0.056 (more than 500x return for those who invested in their sale).
Probably that's one of the most profitable coin this year, but I'm looking at the volume now which is only $180,437 USD, so I can say it's not so special as this is just a small project. If this coins is in Binance, I'm pretty sure it will not reach this high as with bigger volume, it's hard to manipulate its price.

https://coinmarketcap.com/currencies/volume-network/#markets
legendary
Activity: 3374
Merit: 1922
Shuffle.com
September 01, 2019, 01:56:44 PM
#82
How is it possible for an ICO to give 45,300% returns? Are you sure about your figures? Can anyone confirm this post about the Volume Network ICO? The claimed returns are just insane. If there are such ICOs ongoing now, then it may still be worth the risk to invest in them. Even if we invest in 100 ICOs and get one ICO with 453x return, then that alone is enough to get a positive ROI.
On volume network's ann thread a $30,000 hardcap was mentioned and 3% of their total supply(300 million to be specific) was distributed to the investors. That would mean the price of each coin costs $0.001 and checking the current price of volume network on coingecko and coinmarket cap it's at $0.056 (more than 500x return for those who invested in their sale).
sr. member
Activity: 913
Merit: 252
September 01, 2019, 11:05:11 AM
#81
You can check any of the ICO review sites (such as ICO bench, icorating.com and ICOstamp), and the first thing you may notice is that the number of ongoing ICOs have come down quite drastically over the past few months. According to the ICO bench website, till date we had more than 5,000 different ICOs, but only 52 are listed for this month. For comparison, we had an average of 200 to 300 per month for 2018.

Some of the recent ICOs (of 2019), that have given a good ROI include Pledgecamp, EMOGI Network, Wink, Akropolis, Elrond Network and Sero. In percentage terms, the record belongs to Volume Network, which gave 453x returns since its ICO (in May 2019). But it was a very small ICO ($30,000 was raised in total) and we can't regard it as a benchmark.

How is it possible for an ICO to give 45,300% returns? Are you sure about your figures? Can anyone confirm this post about the Volume Network ICO? The claimed returns are just insane. If there are such ICOs ongoing now, then it may still be worth the risk to invest in them. Even if we invest in 100 ICOs and get one ICO with 453x return, then that alone is enough to get a positive ROI.
member
Activity: 120
Merit: 10
Here for enriching conversations
September 01, 2019, 09:42:59 AM
#80
I don't think that ICO market is dead but the big selection will be made. At one moment so many new coins appeard all the time but their background and perspective on the market was bad and everyone was only looking for quick profit.
That is changing, we will probably escape the flood of new ICOs but I think the quality and investment potential will be better.

Only 11 projects (I mean ICO) turned to be successful, while over 90% of the other ones were found to be fraud or scam. ICOs are not trusted anymore, but they are not dead yet. Probably, their leaders will find the best way to get out of the dip. For now, people trust IEO as at least, they feel that their funds are protected by exchangers. However, time will show if they are as safe as they seem to be.
I agree with you there
Data from TokenData, an ICO tracking site shows that 142 of the startups that launched ICOs in 2017 failed at the funding stage while another 276 eventually faded into obscurity or simply took the money and ran. I think whether they take the ICO or IEO route, startups need to know that the odds of making it are really slim therefore they need to fully understand how to make it in such a crowded space.
In a study released in January, Ernst & Young said more than 10 percent of funds raised through ICOs were either lost or stolen in hacker attacks. Even as fraud can occur for investors, cybersecurity remains a legitimate threat to all interested parties. Ernst & Young reviewed 372 ICOs which raised a combined US$3.7 billion. Of that amount, US$400 million stolen were stolen funds.
It’s easy to get caught up in the hype, with a kind of innovation FOMO, however, it’s clear there are a lot of bad or poorly thought out token startups. You need expertise, talent, great marketing and great market-fit timing to succeed with a product that can scale your token startup to becoming ubiquitous with a vision that investors can relate to. The odds are against you if you are a crypto startup, you exist in a sea of blockchain startups where the winners win big and most of the losers go home fast.
hero member
Activity: 1190
Merit: 541
September 01, 2019, 05:26:20 AM
#79
Its hard to admit it but ICOs are really on the verge of extinction today. Since the last years breakdown, a lot of people loses their trust in it. Also including those hundreds of negative news about it which convincing people not to be an investor.
The current bear market and bitcoin dominance also didn’t help. So many things really worked against ICO this period but we still have some project that are still trying their luck and really getting funded, but majority of those projects really wishes for IEO right now because that is the platform where they can easily get funded within seconds, but the cost of listing those projects on these great exchanges is still quite very much for them to easily join, so they just keep trying their luck, otherwise, ICO may have gone into extinction really if it was easy for most of those projects to join IEO, but I like the way it is kind of difficult for them, because It will also help IEO not to give room to bad project and scammers, so they don’t kill the IEO as they kill the ICO.
legendary
Activity: 3766
Merit: 1217
September 01, 2019, 01:03:51 AM
#78
You can check any of the ICO review sites (such as ICO bench, icorating.com and ICOstamp), and the first thing you may notice is that the number of ongoing ICOs have come down quite drastically over the past few months. According to the ICO bench website, till date we had more than 5,000 different ICOs, but only 52 are listed for this month. For comparison, we had an average of 200 to 300 per month for 2018.

Some of the recent ICOs (of 2019), that have given a good ROI include Pledgecamp, EMOGI Network, Wink, Akropolis, Elrond Network and Sero. In percentage terms, the record belongs to Volume Network, which gave 453x returns since its ICO (in May 2019). But it was a very small ICO ($30,000 was raised in total) and we can't regard it as a benchmark.
member
Activity: 653
Merit: 10
August 31, 2019, 11:39:55 PM
#77
ICO still worth and have profitable at the future with lower price on ICO time will have higher price after listing on exchange market, just waiting with trusted or ICO owner.
member
Activity: 714
Merit: 14
August 31, 2019, 07:11:56 PM
#76
ICO is not dead although there are not numerous projects undergoing ICO as compared to the previous years. Now, IEOs are taking over because of the unique features and offers for investors. ICOs can get back on its grounds if it restructure and put measures in place to check scam - this will grant investors a high confidence level in ICOs.
hero member
Activity: 2968
Merit: 687
August 31, 2019, 05:09:06 PM
#75
I don't think that ICO market is dead but the big selection will be made. At one moment so many new coins appeard all the time but their background and perspective on the market was bad and everyone was only looking for quick profit.
That is changing, we will probably escape the flood of new ICOs but I think the quality and investment potential will be better.

Only 11 projects (I mean ICO) turned to be successful, while over 90% of the other ones were found to be fraud or scam. ICOs are not trusted anymore, but they are not dead yet. Probably, their leaders will find the best way to get out of the dip. For now, people trust IEO as at least, they feel that their funds are protected by exchangers. However, time will show if they are as safe as they seem to be.
Do you have any links or sources about this information about 11 project done ICO did succeed? This do pertain only on this year? Its hard to point out on how many projects or most of them do die even on start ups because of lack of funding when it comes to ICO yet now we are already seeing IEO which most project are targeting with it because of higher probability on getting support plus its directly being listed on an exchange.Im aint saying ICO is dead but we are actually heading there if people would completely switch up to IEO support than still minding with project that do ICO.
sr. member
Activity: 882
Merit: 251
August 31, 2019, 03:21:09 PM
#74
I don't think that ICO market is dead but the big selection will be made. At one moment so many new coins appeard all the time but their background and perspective on the market was bad and everyone was only looking for quick profit.
That is changing, we will probably escape the flood of new ICOs but I think the quality and investment potential will be better.

Only 11 projects (I mean ICO) turned to be successful, while over 90% of the other ones were found to be fraud or scam. ICOs are not trusted anymore, but they are not dead yet. Probably, their leaders will find the best way to get out of the dip. For now, people trust IEO as at least, they feel that their funds are protected by exchangers. However, time will show if they are as safe as they seem to be.
member
Activity: 686
Merit: 15
August 31, 2019, 03:01:48 AM
#73
ICOs are not dead. The project that came to the market with the sole aim to pump their coin and take profit without any real use cases or life application will gradually fade away and will be abadon by the developers. Some projects are bridging the gap between traditional investment and blockchain technology, while some are just minted to extort the public. It's therefore important what we invest in.
member
Activity: 606
Merit: 10
August 31, 2019, 02:49:40 AM
#72
Many ICO still running but not worth for joining, with many trouble after ICO ended for listing on exchange market and right now with TGT ICO have bad lower price after listing.
member
Activity: 728
Merit: 11
https://streamies.io/
August 31, 2019, 02:34:15 AM
#71
In my opinion, ICOs are still not really dead and it is still useful for some potential ICO projects. such as Hedera Grashp.
ICOs are still a great capital raising system for potential projects, investors will find it themselves. And for mediocre projects, it won't get noticed.
So, recently, many people thought that it was dead. That's because the ideas of start ups are too trivial.
hero member
Activity: 1890
Merit: 831
August 31, 2019, 12:40:47 AM
#70
ICO is not dead , it's compromised by all the laws and rules being imposed by the government all around the world , the fact that we see a very few ICO's means that actually people are taking it seriously and they are expanding in the sense that they aren't just doping people aimlessly instead maybe it is a wait for a good one .
Even if there are 1-2 ICO's every month ..instead of the popular 1-2'00 but if that might improve the quality and make the ICO's more trustable there is no harm in them being in low frequency.
member
Activity: 278
Merit: 10
August 31, 2019, 12:33:16 AM
#69
In fact, I don't think the ICO market is dead, but there have been major elections and huge changes. In the past years, the number of ICOs was high but their background and outlook was very poor and they were more likely to profit so the scale of the scam was higher. We want something new and satisfying ico, so that the good side of the ICO can regenerate but we need to look for it and be prepared to invest in a good ICO.

Yes, you are right, but we cannot able to justify them in the beginning because we might see the real behaviour of the company after successfully raised money. We have already experienced this situation in the previous, even we research a lot we cannot able achieve our in specified because they don't know how to develop the product what they mentioned in the roadmap.
full member
Activity: 1638
Merit: 122
August 31, 2019, 12:04:08 AM
#68
ICO dead, now IEO is a new trand. At least for this year

ieo might be the new trend , it could only be this year but we wont know  . if these ieo performs better they can be the trend at all times but lets not forgot ico's since this were ieo started  .  ieo only gets an inspiration from the good ol' ico's    .  in the meantime i still see a couple of ico's but only few are becoming succesful  . 
legendary
Activity: 3766
Merit: 1217
August 30, 2019, 11:13:04 PM
#67
They need to step forward as investors are already done following ICO's and now eyeing to invest their money to IEO's, so even there's a need for this developers to fund the listing process they don't have any options, if they wanted to continue with this business then they need to comply, most of the investors are moving to IEO's and if this two was classified differently then ICO will soon be forgotten and this new venue for investment will be the moving ahead.

This is the right approach. The logic behind the ICOs was univiable in the long term. Anyone with just an idea could create his own ICO, and the burden of funding falls 100% on the investors. So if something wrong happens, the ICO promoter is not harmed, while the investors and the bounty hunters lose their money. This in turn resulted in a large number of scams, and as anyone would have expected gradually the investors decided not to trust the ICOs anymore.

What happens with the IEOs is that an added layer of accountability is added. The promoters first need to pay a listing fee and therefore if the listing fails, they'll also incur some amount of losses. That means that the promoters are not very likely to go ahead with a listing, if they are unsure about its future prospects. This ensures that only the quality projects get listed (still there can be exceptions).
hero member
Activity: 1722
Merit: 528
August 30, 2019, 10:26:52 PM
#66
Its hard to admit it but ICOs are really on the verge of extinction today. Since the last years breakdown, a lot of people loses their trust in it. Also including those hundreds of negative news about it which convincing people not to be an investor.

Verge of instinction? Are you kidding me? There are still thousands of them out there.

It is not the bird in Rio, it is ICO, obviously a lot of these gave profit to a lot of investors and hunters, they are still there wanting to earn and saying that, ICOs will still be there circulating the market. The problem is just that investors are scared as you said most of those ICOs don't give the same profit as last year's so they just trade what they have and invest on what they can.
sr. member
Activity: 1936
Merit: 290
August 30, 2019, 10:00:13 PM
#65
In fact, I don't think the ICO market is dead, but there have been major elections and huge changes. In the past years, the number of ICOs was high but their background and outlook was very poor and they were more likely to profit so the scale of the scam was higher. We want something new and satisfying ico, so that the good side of the ICO can regenerate but we need to look for it and be prepared to invest in a good ICO.
hero member
Activity: 3052
Merit: 685
August 30, 2019, 06:05:17 PM
#64
Good thing 2018 bearish market struck the market. That's the best time to see if those successful ICOs back then will survive and will remain on their promise to their investors. Unfortunately, only a few left.

That's the turning point, it stop the possible scams, and it killed the scam projects.
It was good for the market actually, we don't like to continue those ICOs with rampant scam as that would only will negatively affect the future of crypto.

The reaming coins and tokens now from ICO that have survive offers the best opportunity for buyers, I would rather choose these undervalued coins and tokens in ICO than invest in a new one again in IEO, this proves it can survive so this means the future is bright for these coins.
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