Most of the Icos are failing main reasons - page 4.

ninabobo

full member

Activity: 463

Merit: 100

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.

some ico fail due to many causes. the development team and the product become the separator between succeeding in having a high score or being an altcoin that was left like you said.
I am more interested in ico who has technology and products. and for now there are so many ico that have the same base namely financial systems such as banking and I doubt that

Jasad

legendary

Activity: 1414

Merit: 1002

= jasad =

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 ico do not survive in the long run. Try to see there are a lot of altcoins that don't have a fair price and become the next shitcoin to be dumped. that's why if you want to invest in ICO it must be thoroughly researched and analyzed. use your logic, look for one that truly has team quality, products and technology

bitcoinsoul

newbie

Activity: 1

Merit: 0

one of the main reasons this year ico failed is because of interdependency ico tokens are dependent on eth price both btc and eth price fall the new upcoming tokens prices are efforted badly so because of this interdependency projects developments are efforted in large

aencarnaci

sr. member

Activity: 448

Merit: 281

Quote from: xianbits on October 30, 2018, 10:00:29 AM

Not to mention that there are ICOs who were run by scammers. Too good if it happens that the truth is revealed in an early stage. But yes, I agree a working product is a good indicator for its success.

I honestly don't think they are scamming people, I mean there was the dude that took everyone money and ran with it and left the website with "penis" written on it to troll the investors. That dude definitely did scam everyone and just recently we have seen that Pearl owner has printed a lot more pearls for himself and sold all of it causing the price to plummet and than ran with all the bitcoin he made from the sale. There are scam stories like that all the time but they are probably just 10% of all ICO stories. Rest of it, the 90% is actually teams that can't manage to run a proper business and actually succeed on being the ICO they promised to be. They either try and fail or they are too lazy to actually do it. All of them fail at what they suppose to do not because they are "bad" people but because they suck at what they do.

Quote from: [email protected] on October 30, 2018, 10:09:17 AM

The viability of altcoins depends on the performance of the project team, and the usefulness and importance of the project itself.

But many people are not bothering about these but rushing to start a new ICO just to loot innocent people's money. There are two category of failing in ICOs : failure due to improper management and intentional scams. Improper management include the factors you have mentioned and the other category is just about what most people here are referring.

ramsankadirov1345

member

Activity: 129

Merit: 10

The Premier Digital Asset Management Ecosystem

Quote from: Jamesdila1 on October 28, 2018, 02:28:29 PM

agree with you. also most of projects do not have any working product so the investors do not give much attention to them. even i have seen icos with working product but they failed because of lack of marketing

Everything is right. Much on it investors pay swindlers attention to projects which already have a ready-made product or it is developed on a half. Already nobody wants to invest money in empty promises.

l10no

full member

Activity: 518

Merit: 101

that is very true, the ICO is only utilized as funding, if the ICO is successful they no longer think about the fate of investors and prize hunters, if the ICO is not successful they also leave it, like running away without cause and effect

grumpy619

sr. member

Activity: 546

Merit: 255

The Golden time is over when 99% of the ICOs, even with an extremely dubious idea, collected the hardcap. Not now, but it's for the best. Investors have become smarter, stopped believing in eternal growth. I have noticed that projects that create a new generation of blockchains or solve global financial and environmental problems are now successful. For example, investments in green energy or a pension fund on blockchain.

hotforblockchain

member

Activity: 266

Merit: 26

It has nothing to do with token economics or metrics or any other tokenics.
If they have rised money they can work for a long time whatever the token price, token price is a concern for investors and this is something else.

They fail as other startups , ICo has not changed fundamentals of startups - 95% FAIL.

Dimm_bounty13

member

Activity: 322

Merit: 10

Tokenize Everything - https://www.udap.io/

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 completely agree with you. I don't see the point in creating similar projects. The market is overturned with different kinds of projects. There's nothing new but secondary ideas, weak teams, and scam. As for me, the ICO is really in crisis. Let's wait and see what's next!

spike420211

sr. member

Activity: 1610

Merit: 372

I think the main reason for the failure of projects is not their viability, namely, weak ideas that are not in demand in the market. Most projects carry out ICO only for the sake of money.

bravehearth0319

hero member

Activity: 1022

Merit: 500

Quote from: bartolo on October 30, 2018, 10:54:47 AM

I think the first thing we have to take into account before making any analysis is the general market situation because it has impacted ICOs in several ways. For new ICOs it has been much more difficult to raise funds and existing projects that launched an ICO successfully have seen how their funds have been devaluated, which has reduced their budgets.

Do you think that the down market plays major role in ICOs failures? I think the market situation has contributed to it, but only a small part. What matters most is the hard truth that most ICOs in the past had already died down and didn't prosper. Many investors already lost a lot in ICOs in the past. This is the main reason, I think, why investors are moving away from ICOs.

bartolo

hero member

Activity: 1176

Merit: 501

I think the first thing we have to take into account before making any analysis is the general market situation because it has impacted ICOs in several ways. For new ICOs it has been much more difficult to raise funds and existing projects that launched an ICO successfully have seen how their funds have been devaluated, which has reduced their budgets.

santouao

full member

Activity: 560

Merit: 101

#SWGT PRE-SALE IS LIVE

Nice summing up some of the issues for ico failing. This is true the fundamentals they have sometime not enough to support the project. Ive been here in crypto for a while and I can say that most ICOs have failed due to the mentioned reasons. One thing that didnt add up was the team action. Most projects with a good team and hardworking people for the project usually thrive their ICO even lots of fud issuing arround. I can see why they failed and not due to their lack of experience but a skill to properly market their product. A good marketing must have many plans to promote their projects even with a bearish market like this.

Iykecollinz

copper member

Activity: 294

Merit: 1

I should think that the market share for crypto especially at this point is equally responsible and affecting the value of other coins, it seems at this point there are no new investors and because of this only those who had previously bought have the prices drop as more people do not buy on exchange

faza13

member

Activity: 518

Merit: 16

it is absolutely true, most projects do not have work products and even investors don't pay too much attention. While there are sometimes ICOs with functioning products but they fail because of lack of marketing
Fundraising has become difficult and that is because so many investors do not benefit from previous investments so that only they do not invest in new projects at this time.

BGanio

jr. member

Activity: 128

Merit: 1

The World’s First Blockchain Core

I thınk there are two important thing about that firstly they are trying to collecting big amount of money and after that they are not helping their won coins financial situation in exchanges with that huge amount of money . and the market situation is the other factor

Benarand

full member

Activity: 773

Merit: 100

Now most ISO have no idea of the future. Everyone wants to collect a lot of money just by copying other projects. Doing simple money collecting. Especially now there is such a situation that there is almost no confidence in the projects.

[email protected]

full member

Activity: 616

Merit: 108

The viability of altcoins depends on the performance of the project team, and the usefulness and importance of the project itself. and customer focus. That is, the buyer must see the potential of the coin.
from poop do not blind candy

milewilda

legendary

Activity: 3094

Merit: 1127

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.

Talking generally this is the most precise reason why we do see failures of these projects even upto now.We dont actually see the true "PURPOSE" of such token creation plus also having the bear market
plus scam projects then no doubt it would really resulted on this way.There's no need to have lots of tokens in the market without having no definite purpose or aims.

tramadols

full member

Activity: 239

Merit: 100

CAT.EX Exchange

I agree to the second and third statement.
most ico do not survive in the long run, and the level of difficulty to increase the value of the token.
the team and developer do not run progress according to white paper, especially the road map

Topic: Most of the Icos are failing main reasons - page 4. (Read 1196 times)