Most of the Icos are failing main reasons

pinoy.bolanon

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"In CryptoEnergy we trust"

Quote from: superstarbtc on October 28, 2018, 11:16:05 AM

More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here.
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1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens.
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2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens.
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3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.

At some point I agree but not all ico's are bound to fail. There are lots of ico which are successful nowadays and we if we look at the CMC there are thousands of coins and tokens which are already successful, but It does not mean they are not bound to fail., I mean they project development takes months to years for completion that's why they have roadmaps.

Boysisig207608

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Most of the ICOs are failing because their ICOs doesn't have any impact in our daily life and with the uprising of many fake and fraud ICOs in the crypto market today many of the crypto investors and enthusiast grow cold towards ICOs nowadays making crypto market go cold also.

serizawa

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agree with you. there are hundreds of ico fail because they don't have the criteria you mentioned and indeed the crypto market is still in a difficult period so investors also don't want to invest in ico.

Yabuy92

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Quote from: bitmover on October 28, 2018, 01:34:13 PM

That's right, all of these are reasons for the failing.

There are other ico that invest a lot in hype, try to appear they are going to make a lot of partnerships, and the Price goes up. Then later it just fail spectacularly.

In my experience, most of ico are just pump and dump... Of course there are many legit projects, but they are very few

he was right, in many cases ICOs appeared only at the beginning of the sales skyrocketing but the prices fell long ago. not to mention because of the seriousness of the developer in continuing the project

Anies_Sandi

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Quote from: superstarbtc on October 28, 2018, 11:16:05 AM

More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here.
-
1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens.
-
2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens.
-
3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.

it is very true what you say in your opinion with you giving such understanding, perhaps investors can be more careful in choosing quality ICO and of course will benefit

jawakoak

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Most ICOs fall when hit on market because on presale they offer big discount more than 50 percent, i think so many ICO just dump and pump scheme by dev.

Froy

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https://saturn.black

Quote from: superstarbtc on October 28, 2018, 11:16:05 AM

More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here.
-
1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens.
-
2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens.
-
3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.

Because all these are forks and clones, but there is practically no real team, there are no new ideas, the main thing is to collect more money to spit out an inconvenient product, which is soon forgotten by everyone and goes to the level of Shitcoin, that's all. Now everyone does not think about quality, but about quantity.

johnwest

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BabelFish - FISH Token Sale at Sovryn

The main reason is having very less credibility. The teams are not thinking through their ideas, thats why most of the coins get re branded or model changed after the token sale or teams wont even list their coins then how will the investors know the actual value of their project.

CowboyX

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everything is very simple. people see that the cryptocurrency market is very interesting for investors, and there are large investments here, and they use it for fraudulent purposes. I myself have several times stumbled upon fraudulent projects that look like quite working and high-quality projects. each ICO needs to be disassembled and monitored in detail how cash collections go

moneymakescents777

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Some ICO's now present better value after listing that at the ICO stage. An example would be CANYA Coin - CAN. It listed around .74USD with no product to market, its now 0.058USD with products to market. Sometimes waiting till after a coin list is much better value. See chart here for an example of low volume and entry point into CANYA COIN CAN. https://imgur.com/tTYjKgt

Aptekary

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Quote from: ohkkstaaahp on November 10, 2018, 01:27:08 PM

Nowadays, ICO projects are scams, they grow in the market without anyone controlling them, so I think the market will soon get rid of those projects, in the future we Raise your knowledge and boycott the project as such

Today, on the ico market, companies have a rather difficult situation and the fact that projects are not developing does not need to see a team or a lack of investment. But because of the poor development of projects, everyone suffers, including participants in the Bounty company.

ohkkstaaahp

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“The Premier Digital Asset Management Ecosystem”

Nowadays, ICO projects are scams, they grow in the market without anyone controlling them, so I think the market will soon get rid of those projects, in the future we Raise your knowledge and boycott the project as such

AlyattesLydia

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Quote from: superstarbtc on October 28, 2018, 11:16:05 AM

More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here.
-
1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens.
-
2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens.
-
3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.

The items you counted for the first periods are correct. And then the main goal was fraud. There's no need to invest in any ICO who doesn't use legal regulation and smart contracts. This will increase the confidence of the ICO.

allohha

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Quote from: Moshi Moshi on November 10, 2018, 06:28:57 AM

Quote from: TheReverend on November 10, 2018, 06:24:37 AM

in my opinion the main cause is the falling btc price which affects the value of all altcoins, because all altcoins follow the btc price so it's only natural.
all the new ico coins that came out the price dropped above 60%, which shows that BTC plays an important role in the growth of altcoins.
so no matter how high the increase in altcoin is, he will also decline if the BTC experiences a drastic decline.

it's true what you say because all altcoin prices are influenced by the rise and fall of bitcoin prices, so the price of bitcoin is one of the reasons for the fall in ICO prices after listing in the market and the other cause in my opinion is the dump factor of the coin holder.

I think that the reasons for the fall in prices can be found somewhat. First of all, this is weak investor activity, because it is investments that give a good impetus to the development of ico projects.

yugyug

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Most ICOs are a start-up company and most of their products or services are more on conceptualization rather than materialization and most of them had no actual product or existing services that will lead a fearsome or doubtfulness of an investor if the project may fail. IMHO, it would take around 2 years to create a working product from a start-up ICO company they need a funding first before launching an actual product that's why their token price will not pump swiftly after the token sale and get listed on notable exchange. It failed because most of the investors are impatient to wait they are justing looking after the profit but not supporting the product as well. The best option of not failing the price is to wait or hold for about 1 to 2 years before stabilizing the product and their token.

Moshi Moshi

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Quote from: TheReverend on November 10, 2018, 06:24:37 AM

in my opinion the main cause is the falling btc price which affects the value of all altcoins, because all altcoins follow the btc price so it's only natural.
all the new ico coins that came out the price dropped above 60%, which shows that BTC plays an important role in the growth of altcoins.
so no matter how high the increase in altcoin is, he will also decline if the BTC experiences a drastic decline.

it's true what you say because all altcoin prices are influenced by the rise and fall of bitcoin prices, so the price of bitcoin is one of the reasons for the fall in ICO prices after listing in the market and the other cause in my opinion is the dump factor of the coin holder.

TheReverend

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in my opinion the main cause is the falling btc price which affects the value of all altcoins, because all altcoins follow the btc price so it's only natural.
all the new ico coins that came out the price dropped above 60%, which shows that BTC plays an important role in the growth of altcoins.
so no matter how high the increase in altcoin is, he will also decline if the BTC experiences a drastic decline.

YoungMaster

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MYCRYPTOBANK.IO

I think number two is true. Many icos that were failed actually brought a concept without problem solving to the world. I'm sure most investors will definitely avoid an ico that has no real usage.

putrii

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usually ICO prices will fall when their project is not in line with expectations and does not match what was planned in the whitepaper, making ico participants prefer to sell their assets at low prices.

jardine

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Quote from: passwordnow on November 09, 2018, 04:50:10 PM

Quote from: jardine on November 09, 2018, 03:44:08 AM

ICO is just a start-ups and, like a usual start-ups, 95% of them dying very quick (most of them - in the first year).
Only strong and good one stay alive.

Also, here is so many scams in ICO - so it can be just a scam from a very beginning.

The problem with most of these ICOs, they really don't have a start up project that will pursue. They have a whitepaper, road map and other things needed.

But if you'll check them fully, they don't have a company and start up that is in process. This has been proven for many of them are scam.

That s true. Many ICO just want to get easy money without any meaningful project.

All you need now - it s a big, 50-pages, whitepaper, with many technical blockchain terms; good looking design;
smiling faces of founders, without any expertise, linked to linkedin or fake facebook profiles and telegram channel,
with hired 1-2 admins on the part-time basis.

And you fully set and ready to take money Tongue

Topic: Most of the Icos are failing main reasons (Read 1213 times)