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Topic: Problem of nowadays ICOs - page 5. (Read 1844 times)

legendary
Activity: 1386
Merit: 1016
October 24, 2017, 10:34:39 PM
#42
The projects of all ICO's in the market has a good quality the only reason why they experience lack of investors or not much given prioritize is because there's a lot of ICO introduce in the market and people tend to find it difficult recognizing the best one to invest. I think if they will put some limitations in making different ICO they can penetrate the market and earn good profit from it.

Dilution of ICO attention definitely can be one of the common issue nowadays as there are a lot of ICO coming into the crypto space everyday.  However, it is still heavily based on doing your own due diligence. For example, recently Quantstamp is a solid company and  they are gaining a lot of attention. You can look at their report on Request and it is a work of excellency.
hero member
Activity: 2870
Merit: 594
October 24, 2017, 09:03:56 PM
#41
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I have to agree. Investors don't want to do research on what ICO are they going to invest. As soon as they see someone opened up a ICO, they immediately rush to it because the offering to get their tokens is very cheap. They don't even read the whitepaper I guess. And they they would cry out loud saying that the ICO is a scam project and the dev behind is not legit and has shady past. They should have look at the team behind first before making such investment. Its their fault that they easily swayed by the beautiful words put up by the team behind.
full member
Activity: 406
Merit: 100
October 24, 2017, 08:58:04 PM
#40
every day become more difficult to find a good projects, almost 50% are scam, and you just lose ur money. It's always risky, but sometimes it worth it
Yes too many ICO but if you read their introduction it looks like the same they keep posting that the have the cheapest fee in processing transaction the have fastest time compared to Bitcoin but in the end if you invest at their coin your money will put in limbo. If you want to invest better to go on coin that already have a track record
newbie
Activity: 36
Merit: 0
October 24, 2017, 08:51:17 PM
#39
Nowadays ICOs are unfortunately not setting the expectations right. They are claming their ICO will be the best one , most profitable one etc.. What i look for in an ICO is being realistic about the project and setting their project on strong pillars. I prefer doable projects ratherdan dream sellers.

Totally agree, some icos are promising life changing results but are giving extremely vague explanations on what it is they are actually doing.

Like a project tokenloyalty - i have asked them multiple times, what are you doing exactly? In response I get a video of a dog and random statements.

project like ASSETRON ENERGY - staright away i understood in simple terms that they will build a platform where people can invest into renewable energy projects using crypto, and vice versa, people can request to have their renewable projects invested into, so a peer to peer marketplace for renewable energy projects. As their tokens are the only ones that can be used on the system, the demand will grow as more projects are on the platform.

I dont need complex english on these ICOS, just to make them look "pro", they need to be able to explain to all investors, especially ones who may be foreign.
Just my 2 cents
member
Activity: 112
Merit: 10
https://goo.gl/ePsALC
October 24, 2017, 08:41:11 PM
#38
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?


You're absolutely right! Most "investors" are nothing more than gamblers looking to get-rich-quick. They do zero research, have zero discipline and, so, have zero commitment to the projects they put money into.

Honestly, they're better off taking their rolls of quarters to Vegas.
newbie
Activity: 57
Merit: 0
October 24, 2017, 08:29:15 PM
#37
They dont care about the project, they care about the investment. Not to mention several ICOs here that don't fit in the blockchain tech and could be done with conventional systems years ago and are just recicled ideas.  Wink
full member
Activity: 294
Merit: 100
October 24, 2017, 08:03:42 PM
#36
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
I agree with that. Because most investors are now putting their passion rather than researching projects that are the place to invest. Or there is a problem about ICO itself which always claims that it is the best for the future.
full member
Activity: 282
Merit: 100
October 24, 2017, 02:57:51 PM
#35
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

In a way you are right. But it's also about number of ICO projects and technologies they want to deliver considering today's development of blockchain and cryptoworld. I mean it's still sort of underground community, yet the ICOs want to introduce tokens to every aspect of our lives. And we have really good and quality projects about insurance, healthcare, travel agencies, games, social medias. These are things we are using everyday, right? But mainstream users have no idea what blockchain and tokens are and why would they want to deal with them if they already have the same services. The problem with ICO in my opinion, is that everyone can issue it and they try to be the first ones to do this in their field, yet the whole crypto market is too young for so many blockchain services.
sr. member
Activity: 490
Merit: 252
October 24, 2017, 02:50:26 PM
#34
Just don't invest anymore in silly ICO's. If you want to make some money, go trade some alts.
sr. member
Activity: 406
Merit: 250
October 24, 2017, 02:34:51 PM
#33
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I think there are too many ICOs out there that make it impossible for investors to find out about the projects, since they feel confused, they can not know where to invest. . It's like finding a bird in a forest.
full member
Activity: 383
Merit: 100
Valorem Foundation
October 24, 2017, 02:28:31 PM
#32
for me the biggest problem of ICOs is wrong behaviours of managers like acting just for the making money without demand of real success, steps which are not related the roadmap, deficient development or permanence.
Absolutely, you should definitely be able to measure previous success from the managers who promote their ICO's
hero member
Activity: 749
Merit: 507
October 24, 2017, 02:05:25 PM
#31
for me the biggest problem of ICOs is wrong behaviours of managers like acting just for the making money without demand of real success, steps which are not related the roadmap, deficient development or permanence.
sr. member
Activity: 392
Merit: 257
October 24, 2017, 02:04:31 PM
#30
Yes i do think that investors dont know or care about the ICOs as they only want short term investment for which ICOs are great and quite profitable in short term.And there are many ICOs in which majority of them are scam or just fail coins,the quality of ICOs has surely fall very much.Investors just think altcoins as an easy and fast way to earn small profits with some investment and with that profit they usually invest in big coins like bitcoins or even ethereum.
sr. member
Activity: 1036
Merit: 329
October 24, 2017, 01:49:32 PM
#29
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

That is really the reason. Most of investors are in it because of the profit. They just want to multiply their money and you will notice that the people who made huge investment force devs to hasten their project. They really don't care what it will do, they only see it as a way of making a fortune.

If they accelerate the ICO project, it may be true what you say, because big investors do not want to wait long and pay attention to the profits they will get, so they do not want to wait for the old project he invests. Because he wants everything will be done quickly.

But if may continue the ICO that they already existed for maybe they may just continue on doing it and i may agree on it most investors as of now really want to have a quick money they want to get it easily so as long as the possibility of getting it quickly are good they may continue on this situation.
sr. member
Activity: 1302
Merit: 270
Vave.com - Crypto Casino
October 24, 2017, 01:30:17 PM
#28
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

That is really the reason. Most of investors are in it because of the profit. They just want to multiply their money and you will notice that the people who made huge investment force devs to hasten their project. They really don't care what it will do, they only see it as a way of making a fortune.

If they accelerate the ICO project, it may be true what you say, because big investors do not want to wait long and pay attention to the profits they will get, so they do not want to wait for the old project he invests. Because he wants everything will be done quickly.
legendary
Activity: 2674
Merit: 1226
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October 24, 2017, 12:49:16 PM
#27
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

This has always been an old "problem", even with traditional public fundraising such as IPOs and the like. Non-professional and normal investors really do think with profit in mind. ICOs simply open up the market even wider, with students and others that banks wouldn't even look at all able to "invest".

Less than 1% of people are in crypto, and even less than 1% of that do their own research. And probably less than 1% of THAT have solid and reliable research.
full member
Activity: 462
Merit: 103
October 24, 2017, 12:46:07 PM
#26
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
I also believe that some investors do completely unnecessary projects that will not be of use. Sometimes they come to mind completely stupid thoughts or they copy other projects. And again, there are a lot of scammers who want to take care of someone else's account.
newbie
Activity: 42
Merit: 0
October 24, 2017, 12:30:55 PM
#25
every day become more difficult to find a good projects, almost 50% are scam, and you just lose ur money. It's always risky, but sometimes it worth it
full member
Activity: 126
Merit: 100
October 24, 2017, 02:40:31 AM
#24
It can be blame both ways, ICO making is abused and too much of it make even crowded the market/forum that investors can’t focus on one or two alone. Because if they can the chances of the ICO is high but the reality is they make duplicates left and right to scam new investors.

Then those investors are too clueless of what an ICO scam looks like and even they have experienced it, they even tried to do it again. That’s is really a bad thing.
hero member
Activity: 994
Merit: 502
October 24, 2017, 02:32:17 AM
#23
These days people were much aware about the projects objective and used to spend time knowing about the backing support as well the roadmap. Only after that used to invest, also nowadays the developer teams too were much dedicated to the project success and ico going as scams has decreased drastically.
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