Topic: Reasons why ICOs fail - page 24. (Read 319623 times)
ICOS campaigns are now failing for many reasons. In my opinion the crypto market is facing a lot of difficulties. ICOS campaigns have difficulty in raising capital and Bitcoin has fallen too sharply.
icos failed because of several reasons:
1. they are designed to fail in the first place. the dev team's sole mission is to scam people's money.
2. too much money raised from ico. this tends to tempt the dev team to just run away with ico fund.
3. lack of skills. many ico are offered in rush without proper preparation. this is a recipe for disaster.
4. lack of interested people to invest.
In addition, the lack of spreading information was also a factor in the failure of the ICO, as in this bitcointalk forum on announcement board, the new thread about new ICO will not be on the first page for a long time, so only a few people know the ICO 1. they are designed to fail in the first place. the dev team's sole mission is to scam people's money.
2. too much money raised from ico. this tends to tempt the dev team to just run away with ico fund.
3. lack of skills. many ico are offered in rush without proper preparation. this is a recipe for disaster.
4. lack of interested people to invest.
ICO that fail is plagiarism of other successful projects that have already succeeded in this direction , because of this they do not find investors and close.
I see the problem in the large number of ICOs in recent months, people are divided into almost same projects and they collect lower amount of money because of it. There should be restriction made up for the projects.
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
I think for the full success of the project team should explain to investors the real applicability of the product. The investor will be able to build possible options for the token's growth. It will be basic in deciding whether to invest or not.
There are many reasons why ICO fails, but the main one, in my opinion, is that most ICOs are not interesting for investors, because they do not have a unique idea, there are few new ideas on the market.
I think many ICOs failed this year because the market oversaturated with ideas and tokens resulting in lower demand from the side of investors. Not sure if there will be too many successful ICOs in the future because a project has to be really tough to win this competition.
The original ideas are actually successful. Most of the failed ones are already copies of each other. I think the investor will invest in projects with strong new ideas that bring innovation to the market.
As for me the main reason icos fail for this year is that it was extremely easy to host an ICO and market was just flooded with meaningless projects and now they got no credit.
against the pressure of the market even the coolest project is very difficult to move. and in this market only the most top-rated projects raise money. The rest, even good projects simply can not cope with a bear market
There are many factors that cause most icos to fail. Major factors are known to be poor advertising and no better or extraordinary project that adds up to the existing ones or to challenge other projects currently in the system. There are many more to these ones.
There are many reasons for the failure of ICO, Many projects actually do not meet the conditions required by the ICO. They just wrote an impossible realized white paper and then immediately start ICO,that have not been carefully prepared are necessarily failing.
Many ICOs are not very clear so people don't understand in what they are investing. Also many ICOs don't have investors because of the negative news about them.
I do not think that 50% of failed ICOs is too much. In any business, percentage of loss-making campaigns is high. If we take the sphere of startups, only one project out of ten survives there. So, it is not so bad in the field of ICO as it is given in media
I do not share your sentiment on this. 50 percentage failure rate to me is not really acceptable to me. This show the level at which the developers of thes ICO failed to come out with a sellable idea. Although i know it is not quite easy to set up an ICO project but I think it is better to take time to come out with a great idea than rushing into what they are not sure of.
greed of the developers and team i thiink these two are the most importanr reasons why ICO s fail and i think unless they will be fixed there will no be any sucess according to me .
The largest cause is the marketplace or greater the state of the marketplace . Any propose firm to record in these shape commited killer . In these state it is not potential to record and keep the measure representing stockholders .
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
In my opinion, the second reason is even more important than the first one - lack of unique ideas is what prevents projects from being successful.From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
Take Eth, for example. Why did it become so popular? Because Buterin and Co. suggested unique functions that none of the blockchains had by that time.
icos failed because of several reasons:
1. they are designed to fail in the first place. the dev team's sole mission is to scam people's money.
2. too much money raised from ico. this tends to tempt the dev team to just run away with ico fund.
3. lack of skills. many ico are offered in rush without proper preparation. this is a recipe for disaster.
4. lack of interested people to invest.
1. they are designed to fail in the first place. the dev team's sole mission is to scam people's money.
2. too much money raised from ico. this tends to tempt the dev team to just run away with ico fund.
3. lack of skills. many ico are offered in rush without proper preparation. this is a recipe for disaster.
4. lack of interested people to invest.
Failure of the ICO, because their number has increased significantly, but the number of investors has not increased. Competition has led to a decrease in investment in ICO. At the same time, I would say that the quality of the projects still wants improvement. This is also the reason for the decrease in investment. However, ICO has a good perspective.
lots of icos that only have a whitepaper with full of ideas in it and they dont even have a product prototype for investors to see or try. that could be the reason too.
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