About 56% of crypto startups that raise money through token sales die within four months of their initial coin offerings.
https://www.bloomberg.com/news/articles/2018-07-09/half-of-icos-die-within-four-months-after-token-sales-finalized?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
Just imagine how much money lost investors.
They take millions dollars of the investments and after 4 month 56% projects just dead....
https://deeponion.org/community/threads/56-of-ico-projects-its-a-scams.39160/
https://deeponion.org/community/attachments/2018-07-11_08-07-46-png.166347/
https://image.ibb.co/dLGr4y/240_2.png
Use DmAMYbRn5XhVDvGyo5iydNBamJidgpRikM to verify.
https://www.bloomberg.com/news/articles/2018-07-09/half-of-icos-die-within-four-months-after-token-sales-finalized?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
Just imagine how much money lost investors.
They take millions dollars of the investments and after 4 month 56% projects just dead....
https://deeponion.org/community/threads/56-of-ico-projects-its-a-scams.39160/
https://deeponion.org/community/attachments/2018-07-11_08-07-46-png.166347/
https://image.ibb.co/dLGr4y/240_2.png
Use DmAMYbRn5XhVDvGyo5iydNBamJidgpRikM to verify.
This is crazy. More than half of the ICOs are scams. Im glad that i have not been involved in any of these.
Definitely, though I do think airdrop projects are just as risky, at the end of the day it does strongly depend on the quality of the project and that's why we're here to stay.
Yes the dev team can end up with nothing after working hard for the project for a period of time whereas ICO would have already taken investors' monry.
