Most of the Icos are failing main reasons - page 2.

beerlover

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Quote from: tbterryboy on November 08, 2018, 01:09:29 AM

Quote from: kotajikikox on November 04, 2018, 07:38:06 PM

Here is the following causes and effects why more icos are failings
# bearish market trend in almost a year
# project scamms
# fake news
That three main reason why most of the icos project are failed base on my analysis 😀

In my opinion, the ICOs fail because there is big risk in investing in the type of asset that does not promise guaranteed profits. Though the turnouts might not be promised in the good coins as well but the project matters a lot and a rational man can always smell the good project.

So i think it’s not worth investing in the ICOs that does not give back the returns you deserve and that is the reason why the business has gone down. Instead, one should rather invest in good assets.

Apart from the big risk when it comes to investing, a lot of the investors are now beginning to get smart and now know what they should be doing before investing in any project at all.

Of course, this is something we have to understand that there is no way you can get the best in anything if you do not have the knowledge to deal with that environment, which I believe in this case, a lot of people over time have learned from their mistakes and have made it a priority to always dig deeper before investing in any project, so a project these days without a good qualified team and most especially MVP with potential, is only going to end up failing.

labilaab

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True. In addition to what you said, the lack of update of the project also to announced to project’s followers that made them question and will later leave the project.The project should stick to what their whitepaper and Roadmap states and give update to telegram or any medium they can express to public so that their reputation grow stronger despite how great their project is.

jamids

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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.

People just like simple and there are times when the purchase of tokens requires much effort that's why some just don't want to get involved with the complications and find another investment opportunity that is easier.

Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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.

This is what most of the coins/tokens lack because some of their ideas are so idealistic that it is hard for the investors to realized how in demand the token will be in the future and besides that, the token may just be use in a specific field that has a low demand that would discourage the investors.

Kurokonobasuke

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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 mught be the market itself and not the ICOs. Projects are being dragged down due to the negative market behavior which scares the investors to do their thing which results to failure on the projects' crowdsale. We may expect for changes but keep in mind that we cannot determine when will recovery happen in the market so just be patient.

quandong

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The market is decreasing which is the main reason leading to many ICOS being delayed or failed. Developers feel discouraged when their projects are unsuccessful and without funding. I am hoping the market will rebound at the end of year and the good things will come to ICO.

zhengqi

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You can also add that many projects simply can not offer anything new unique. There is a copy of ready-made ideas with minor changes. Or else offer a very complicated to implement ideas. In any case, running ICO is a very complicated procedure and requires the professionalism of the team and developers.

Gastotade

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Quote from: Harriti on November 09, 2018, 05:48:55 PM

I think it's really difficult to find out a successful project at this time cause almost ICO projects' dev team always think that their project are really good so they often set softcap and hardcap too high while crypto market situation is really terrible because of downward trend and investors are holding instead of investing so almost ICO projects fail in this period is not something strange.

The market is in dump and nobody wants to risk it for the mean time since they knew that it can still increase in price, maybe those project that only worth investing will be given a chance, tho since the price of some coins doesn't really increase and sometimes even get dumoer that makes the ICO too long to succeed.

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Quote from: jardine on November 09, 2018, 04:44:08 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.

Harriti

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I think it's really difficult to find out a successful project at this time cause almost ICO projects' dev team always think that their project are really good so they often set softcap and hardcap too high while crypto market situation is really terrible because of downward trend and investors are holding instead of investing so almost ICO projects fail in this period is not something strange.

KGBx

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I think that ICOs failed because their initiators were way too greedy and they overflowed the market with their aimless projects.

Alijiindahaus

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Quote from: jardine on November 09, 2018, 04:44:08 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.

In any case, to maintain even a more or less promising project, investments are needed. And today, due to the large number of fraudsters and the poor state of the cryptocurrency market, almost the majority of investors prefer to buy coins on the stock exchange, and not during the company’s ico.

AAlex48

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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.

Most projects are simply a fundraiser for what it is not clear.But there are interesting ones among all this.Not everything is so sad.

omonuyak

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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.

I have seeing utility tokens that are also falling also. Many icos are falling because of the ways market is now. Many investors are lose very high significant amounts of fund in icos projects that turned to be scam one. Investors are discouraged and to me this is the reason why icos are failing. I could remember some utility tokens like dav that look very promising but currently the values in the market is seriously discouraging.

jardine

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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.

eaglewhite80

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Quote from: Idrisu on November 08, 2018, 01:32:20 AM

Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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 market is not currently in favourable conditions and that is the major reason why icos are also failing. The investors sentiment is very low and that was as a result of the big loses that they have incurred by investing into icos in the past.

Well, we can as well just consider last year as the year of ICO boom, all because a lot of newbies hit the market, some really had no understanding of how to even deal with the market and they just started buying everything they see because they wanted to get rich, which is something we are beginning to see differently right now.

For now, even though we have some that will never learn, a lot of people have, and because of that, they have either mellowed when it comes to investing in ICOs, or probably now know what to look out for before deciding to put their funds into it. If it is not worth investing, then there is no need risking it.

South Park

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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 second point is by far the most important, we have seen many coins becoming successful despite this market lack of maturity, and even if a coin did not gave the best user experience it could still survive if the project was any good, but most coins only exist to get the money and nothing else so they do not solve any problems that we may have.

jacafbiz

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Quote from: superstarbtc on October 28, 2018, 12:16:05 PM

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.

I think you have a point here with your list, Bad User-interface, Tokenomics is one that is given me more concern now because when ICO started team use to keep just between 10-20% of the tokens but what we seen now is that 70% of these tokens are in the hands of the people and they start dumping on investors. I think another issue you need to mention is the issue of full transparency, they don't usually come out with full details of the funds and bonus percentages givency to private sale investors

COPARTT23

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For a successful project it is not enough just to have an interesting new idea. You need to have competent team members who could put it into practice. I think those who simply copy someone else's project are obviously trying to cheat

Golftech

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Quote from: Cnut237 on November 08, 2018, 04:15:44 AM

Yes some ICOs are for pointless projects, but there is a lot of genuine useful stuff out there as well. A big factor is that crypto has been in a bearish trend all year. Raising money at ICO even for a good project is a lot harder now than it was in say summer 2017 - back then it seemed that any project at all could raise millions, and ICOs could hit hardcap in a matter of minutes. Everything is a lot less feverish now. It is harder for good projects to get off the ground.

The competitions are really tough a lots of projects are just a copy of those existing one and most of those who's trying to duplicate won't get any
concrete supports coming from people who are one's an investors of ico's, the battlefield is no longer as easy as like the year ago, now projects needs
to provide advancement and real usage in order to gain supports from investors.

Cnut237

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Yes some ICOs are for pointless projects, but there is a lot of genuine useful stuff out there as well. A big factor is that crypto has been in a bearish trend all year. Raising money at ICO even for a good project is a lot harder now than it was in say summer 2017 - back then it seemed that any project at all could raise millions, and ICOs could hit hardcap in a matter of minutes. Everything is a lot less feverish now. It is harder for good projects to get off the ground.

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