Being complicated may be one of the reasons. And I agree. Some investors may be not "tech" person while the project of the ICO could not give an easier to be understand explaination regarding to the project. This will be marketing problem and should be solved by, for example, an easy understandable infographic.
Meanwhile, uniqueness or new concepts may be one of another reasons to attract investors. But if the new concept is not expected to meet market needs in the future, this will also be a failure.
Topic: Reasons why ICOs fail - page 20. (Read 319623 times)
All projects are very different among themselves, some have a very strong team but no money, others have money but the idea is not quite good, others have some special features, therefore, to say that there is one reason that can lead to failure - It is impossible, there are always many such reasons and they are always individual for each individual project.
The reason for their failures is 99 percent brazen fraud. The remaining one percent is disagreement in the team and mistakes in marketing.
A lot of ICOs fail because of lack of proper developmental plans. Many of the developers neither planned well nor have a particular problem aiming at solving. The ultimately goal many of them pursue is to make some money and probably abandon the project.
Likewise some potential reliable ICOs lack a good working team and were wrongly advised. A successful ICOs (project) must identify a problem to solve, have a good working team and plans among other things.
Likewise some potential reliable ICOs lack a good working team and were wrongly advised. A successful ICOs (project) must identify a problem to solve, have a good working team and plans among other things.
We must also include that the ICO's failed because also of the timing for the bad market condition. Because even if the project has high good feature if the market were not that healthy, it can still be possible for them not to reach softcap, else if they pause the sale at that time.
yes maybe as you said, and there are many more that can cause the ICO to fail because it is not easy for the ICO project to run well and finally succeed, it is very difficult.so you have to research the project first so you can know and understand, and many things you need to know, so you can reduce the occurrence of a failed ICO.
There are many reasons why most of ICOs fail:
1. The current market is very bad
2. Investors are much smarter when selecting ICO projects for investment
3. New cash flow into the market is not much. Old investors will choose to invest in valuable tokens, and have shown their role
1. The current market is very bad
2. Investors are much smarter when selecting ICO projects for investment
3. New cash flow into the market is not much. Old investors will choose to invest in valuable tokens, and have shown their role
We must also include that the ICO's failed because also of the timing for the bad market condition. Because even if the project has high good feature if the market were not that healthy, it can still be possible for them not to reach softcap, else if they pause the sale at that time.
Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
Indeed, why should they spend time and effort to create a quality product, if you can spend money on advertising and other PR, and then get a lot of money
Many ICOs are failing in the crypto space and this is basically due to the unstructured platform that would cause a high liquidity of the utility token of the ICO. Some projects also don't have a very solid use case and so dies out in no time especially when another ICO similar but have more benefits than the previous one is launched.
The reasons you mentioned are correct. The problem now is that a lot of scammers come into play. Projects do not have strong base for ICOs anymore and those that do, lack the team effort to execute a well organised ico.
It should be noted that now is the most unfortunate time for the promotion of ICO due to the massive fall in prices for the leading cryptocurrency and the growth of fraud in the ICO sector. Add to this the inaction of the team, the inconsistency of the work of the developers and the insufficient advertising of the project, which cause investors a natural fear of investing.
Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
Indeed, why should they spend time and effort to create a quality product, if you can spend money on advertising and other PR, and then get a lot of money
Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
The main reason why icos fail is most of the ico company can't handle the pressure of market volatility so they cant develop the project on low prices so most of the icos fail
I invested in many ICO last year with my buddies, over 50 projects:
-we tried to target best teams and with VC backing
-we also selected projects good for flipping
-overall 90% of projects have dumped heavily
-none has gone bankrupt yet, they still have cash
-only 5% of projects have demonstrated to be long term gems
so u gotta be careful and do lots of research!
-we tried to target best teams and with VC backing
-we also selected projects good for flipping
-overall 90% of projects have dumped heavily
-none has gone bankrupt yet, they still have cash
-only 5% of projects have demonstrated to be long term gems
so u gotta be careful and do lots of research!
Icos faill in my opinion when projects are adding nothing new to the ecosystem. Some projects have absolutely nothing to offer. They just get introduced into the crypto-currencies space just got the heck of it
I think ICO fails in many ways because the product that they are trying to provide is not at all interesting to the audience!
besides that there are many more that cause ICO to fail, and one of them may be because they do not comply with existing rules or you are not careful in choosing a good project so that ICO runs poorly so the project fails. choosing a good project is sometimes still not good at running it and there are still other disruptions and caution against fraud.
I think ICO fails in many ways because the product that they are trying to provide is not at all interesting to the audience!
There could be many reasons why an ICO fail but the most common is when the team is not active after the
fund raising and they are not willing to fulfill their promises.
fund raising and they are not willing to fulfill their promises.
The most important reason is human greed. A lot of ICO projects are trying to play with people's feelings. There are various charity projects, projects that try to preserve nature and so on.
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