Most of the Icos are failing main reasons - page 5.

dataispower

sr. member

Activity: 1330

Merit: 289

Quote from: bitmover on October 28, 2018, 02:34:13 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

Agree with you, There are many good ICO and have true partner, it will surely succeed and the price will go up. But there are also a lot of scam ICOs with fake partner info. I see right now there are so many ICOs with huge partners, but it still fails because they are fake. Be careful with ICOs now, too scam

cherryganda

full member

Activity: 728

Merit: 131

There are many ICO who are just a scam.
This also affect the credibility of other legit project.
Investors are afraid to join some ICO even they are legit because of the situation in ICO investment.

xianbits

sr. member

Activity: 910

Merit: 257

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.

mayan251

member

Activity: 267

Merit: 10

You're right. Now the cost of creating an altcoins, tokens is very low. So they are all financing and raising funds. However, it has forgotten the practical use of creating a altcoins, tokens. And there are so many fraudulent projects. So this has created the present situation. Many projects are hard to raise funds.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: bitmover on October 28, 2018, 02:34:13 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

I've noticed that many ICOs are lying about their partnership with famous companies. In some cases it is so straightforward that after clicking on a company's link you are redirected to a fake site. People should research a little bit more before starting working for an ICO or investing in it. But, like you said, there many legit projects as well. Btw, I think ICOs which invest a lot in hype are mostly good ones. The worst projects are those which don't invest much in anything.

jossiel

hero member

Activity: 2842

Merit: 625

Forget the bad user interface, regardless of how good the user interface but the project is totally crap no one will stay and going to invest with that coin.

Trend is changing as time passes by and people are learning that ICOs are only giving space to the scammers out there. Things will change soon and there will be new develop way of crowdfunding in a safer way.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

Its important to evaluate every investment that we wanted to participate into specially ICO’s. That’s the risk involved and not all business end up successful, Even the projects are too good and had great team market situation is sometimes a concern but doesn’t mean that those projects are losing value as long as the development continues it will positively survive in the end.

r_delossa

member

Activity: 490

Merit: 10

The market is falling and everything depends on BTC. We are losing a lot of people, because of too long bearish run. We need another pump and another wave of great investors, that could bring the market on new hights.

spngebob

sr. member

Activity: 770

Merit: 254

I would add more reasons why ICO's will fail, investors left these market because they lose money investing in projects which fail or run off, another reason is that everything is already seen, it seem there is no too much new ideas and investors don't want to invest money in old idea which is repeating over and over again.

Kasen Matthews

newbie

Activity: 28

Merit: 0

Agree with you. All of these are reasons for the falling. Also most of projects do not have any working product so the investors do not give much attention to them. Of course there are many legit projects,but they are very few.

kincit88

full member

Activity: 602

Merit: 101

Agree with you, most of the project forgot about your point and that's the reason why a lots of ico's falling. We really need very carefully when want to invest in icos because the situation of this year isn't good for people's who want to invest in ico's.

Braeden Hahn

newbie

Activity: 28

Merit: 0

The specifics are good. But it has to be reached out to the providers and they must follow these instructions. The investors won't be able to fix this unless they try their own providing.

bagikoin

sr. member

Activity: 784

Merit: 250

many of the ICO appear without a definite concept and even just target the hype for the sake of personal gain. It's certainly become a bad thing and certainly, much ICO failed because of those reasons. selective in ICO to this is something that should be a priority. building on the Foundation of the concept of the ICO and a quality team is the thing to do.

Bittalk12

member

Activity: 434

Merit: 11

Those things you mentioned are some of the reasons why most ICOs nowadays are failing and give you a thumbs up for that. In iver a year i spent in crypto industry and watching those ICOs during fund raising, most of them do not actually have an actual product that could benefit us or make their altcoin to be used as a payment with that product. That's why their tokens are having hard time to be recognized and multiply its price.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

Some projects are too underworked on the day they start the crowdfunding. People are too lazy and greedy, this is why I'm scared to see the community of decentralization.

Rati24

full member

Activity: 462

Merit: 103

Yes, such reasons exist in many ico projects that came out this year or earlier. Projects create platforms that nobody needs and they all look like each other. Some create good platforms that are necessary to say so, but they have problems such as registration is too difficult and the interface is too complex for beginners. All these factors influence the final cost of the token in the future.

LingoMaster

newbie

Activity: 18

Merit: 0

By Murphy's law, "Anything that can go wrong will go wrong"
A crap ICO is doomed to fail one way or the other.

Like the real world, the real Gem & Gold are rare,
investors just need to learn to distinguish the difference between Gold & Fool's Gold.

A real nice ICO with potential and future should have ...

1.A working product prototype instead of just Dream
2.The ICO need a Token/Coin to fix a real existing problem.
3.A lot of user to burned the Token/Coin in this ecosystem.

Check their whitepaper and you will know the reason why those ICOs failed!

lelahkenabanned

member

Activity: 329

Merit: 10

the project's level of maturity is highly doubtful by potential investors and incorrect assumptions from developers about prioritizing ico funding for further coin applications.

Making ico that seems raw and too quickly enters the investment phase makes the ico ecosystem fall apart because it is too much present like this.

they must prepare everything including partners and participate in various events before being thrown into public funding. At a minimum, there must be research for a full year to ensure that their projects can be applied in actual use.

anggriani

sr. member

Activity: 630

Merit: 251

all fields or ideas or have the same purpose and not based on actual usage. we can see from some of the ico that has been completed and only a few can survive and meet the expectations of everyone, the rest are not developed and are only traded on exchange without developing a real product that they promise. all these things make investors bored and leave ico.

Rey Mysterio

newbie

Activity: 6

Merit: 0

There are a lot of small and big reasons together that usually cause the fall off for an ICO. The core of these problems being but not limited to such as, the idea that the project is based on, how well it can be implemented for real life use and their strategy to make it all happen is full proof or not. The teams capabilities and their ability to be responsive to their investors on their inquiries to ensure their trust on the team. And even then it's not just all on the project, people who invest in their tokens if they dump as soon as it is listed will obviously cause thr project to suffer. There are a lot of factors for us to understand that dictate the success and failure of an ICO.

Topic: Most of the Icos are failing main reasons - page 5. (Read 1196 times)