Topic: Reasons why ICOs fail - page 28. (Read 319623 times)
Many reason why some ico project is failed, one of most stronger reason why ico have faced with fail because it lower interested by investor to invest and buy the ico coin, the owner of ico have stop and failed for selling their ico coin.
Another reason why some ICO failed is that not all ICOs team have the interest to build long-term business, some of them just took advantage of the ICO craze to accumulate ill-gotten wealth. Not all of them have a long-term business plan in place.
there are a lot of ico who fail, usually because softcap is not reached, they are less promoting their project. or their products are not attractive to investors.
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.
There are different reasons for this situation in the crypto market today. Among the main reasons should be high competition among the ICO, lack of money and investment in the crypto market, as well as the increased number of scammers among the projects. 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 fact, there are many reasons for this situation on the market. I will focus on a few key factors. First of all, today the market is quite saturated, competition really remains high. In addition, the volume of investment in recent years has significantly decreased, not all projects can receive money.
Yes, many projects put themselves such amounts that you can buy a small country a feeling that initially does not want to do anything, but only in order to raise money
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.
Most of the reason why the icos are failing is due to lack of investors or some of the developers are not working so hard in order to have a good marketing strategy to get more investors in the community.
Yes, today the situation in the crypto market is not the best way, now many ICOs fail. After all, it is impossible to realize even a useful idea if it does not have the resources and opportunities for further development. Of course, we need not only a team of developers and an understanding of the market, but also financial resources.
As I think there are many reasons for the failure of ICO, but I think the reason for most of the ICO's failure is because their projects are completely unrelated to the blockchain. Many projects actually do not meet the conditions required by the ICO. They just wrote an impossible realized white paper and then immediately start ICOs.
IMO the space is still new, many ICO's do not even know what target to achieve mid term and long term, most of them realize that the product they are targeting can we done without blockchain tech too. Others are just scammers who move from one ICO to other.
In my opinion, unsuccessful ICO has many factors. For example, if a project does not have a unique product or service, the demand for ICO automatically falls.
I believe that for the prosperity and successful development of ICO, the stability of the crypto market itself is necessary with a constant attraction of money. Therefore, you need to wait until the situation on the market stabilizes. In the current conditions of the crypto market, only the most reliable and useful ICO can survive.
Wanting a well-developed ICO project requires a really strong team first, followed by the need for truly different technology and convincing investors. The next key determinant is the development strategy, how well a project works without a proper strategy will fail. If the ICO project does not have such elements, then that is the reason why it failed.
the main failure of an ICO is the least of the investors who joined the ICO and also like other factors namely the lack of promotion of the ICO, the poor information in a thread and also the rating given to the ICO is very low. many things that make the ICO fail.
yes my opinion, he has the main reason for ICO failure is low security. or technical problems, many projects have spent ICOs and faced serious technical difficulties in the beginning, for example, poor scalability, and this security prevented their progress on the market.
The ICO may be a failure, for those who think logically and normally, of course already know that this kind of investment is very potential SCAM or leads to fraud, which can then end in the disappearance of investment funds.
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.
Many people create ICO, who do not know anything about the crypto currency. and begin to type a team of scam.
There are many scam ICO now. Those ICO is really trash, they are just good in the beginning, I already experienced scam ICO way back to 2017. There coin cost zero, I am really sad on that.
There are bunches of reasons why the vast majority of the ICOs have a tendency to fizzled. One reason is that their group's experience is need and inadequate that made their venture feeble. Likewise the greater part of those ICOs are simply into cash so they only have a tendency to misled financial specialists so their task fizzled.
I think many projects that use ICOs to pursue funds and fraudulent funds in the eyes of ICOs are getting worse. This makes many investors less confident in ICOs, which are just short-term investments that cause ICOs to fail before reaching their ultimate goals.
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