Topic: Reasons why ICOs fail - page 33. (Read 319623 times)
Cases are different, and some ICOs simply do not get the right amount for the development of the project!
I think marketing is the first factor. The ICO now needs more influencers to promote its projects. Subscription campaigns are very important and Content creation is the next important part of the marketing ICO
It has not been an easy task for both investors and bounty hunters to invest into ICOs now. Getting relief of all the headaches of being scam, they intend not to invest and ICOs are all failing now.
I think the awful task thoughts or poor utilize cases will prompt the disappointment of ICOs. As a matter of fact, a standout amongst the most vital things financial specialists should pay special mind to when putting resources into an ICO is regardless of whether a token will have the capacity to pick up client appropriation and be valuable for taking care of issues with its application in reality. Tragically, numerous ventures are essentially awful thoughts from the begin.
As indicated by insights, half of the ICO fizzled (amid or after the crusade), there is as yet a section that has gone into the shadows and essentially isn't reacting. From the perspective of normal business, such measurements are not amazing. Numerous new businesses fall flat. This isn't astonishing, in light of the fact that many make a coin with no thoughts or can not understand everything. Take for instance the DAO venture, which bombed because of low security
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.
With the existence of such a case, then no doubt the popularity of ICO became a flawed project which also caused Google to issue a ban on ads related to cryptocurrency.
Notwithstanding the trick issues, the thought isn't plausible, glitch from the devs group. In fact, the blockchain business is another industry, with relatively unpracticed undertakings, associations, correspondences, scurry and no network bolster. They have lost financial specialist certainty. These are the reasons I surmise that has bigly affected their disappointment.
Too many ICOs have complicated issues cases that people find it difficult to understand and in most cases their whitepaper are always cumbersome and a lot less easier to understand.
Even as a bounty project promoter most projects are confusing for me let alone a person who is new to cryptocurrencies.
I think ICO teams needs to work on the simplicity of their projects in explanation.
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Even as a bounty project promoter most projects are confusing for me let alone a person who is new to cryptocurrencies.
I think ICO teams needs to work on the simplicity of their projects in explanation.
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All the coins fall down right now, and it's quite normal that ico projects fail. When market will grow, icos will be profitable again.
the number of scams currently making the ICO fail, I saw a good project but some of them failed to achieve softcap.I think there are actions to prevent ICO fraud, to provide opportunities for projects that really have good ideas and technology, for the future of cryptocurrency
Most investors lost interest in ICOs projects because of a general drop in the price of bitcoin. But I'm sure that a new wave of interest in such a project will begin soon.
ICO failure is rampant in the cryptocurrency space. Most projects fail to meet their soft cap as a result of their advertising and promotional products which didn't meet the need of the potential investors. In recent months, the most popular reason for ICO failure is the nature of the market which has rendered many ICO's unable to complete their token sale and investor unwilling to purchase tokens.
Over the past year, we have seen that many ICOs present promising new technologies to the public. However, many of these companies lack coherent communication with their potential customers. This is due to the general mood in the blockbuster community, which was mainly focused on the technological side of development - "build a project, and people will come themselves." Despite the fact that these ICOs are constantly overtaking each other in technology, they do not spend enough time to assess the needs and desires of the community.
I believe that many ICOs are falling because many investors are trying to get their profits right after the release of the token to the exchange. By selling their assets, they thereby make the price less, which at the sale stages during the ICO
Unfortunately many ICO's dont have a good idea and team. Most often, investors dont trust them with their money.
I'm not talking about those who simply want to engage in deception and steal investor money.
Only about those ICO's who for some reason couldnt raise money.
I'm not talking about those who simply want to engage in deception and steal investor money.
Only about those ICO's who for some reason couldnt raise money.
the main reason is that 90% of the ico is scam. scammers use the credulity of people, and people do not think about anything except profit. They do not even make a simple superficial analysis of the project, although in practice the signs of a fraudulent project lie on the surface.
The reason why many ICO fails is because most of them are been control by scammed, some ICO are not strong enough to compete with the strong one in cryptocurrency market, some of ICO the team are weak and by not following the due procedures in creating a project.
I am wondering if your first reason do happen sometime. Sure, the whitepaper can hard to understand sometime, but it can not be the main cause of failure IMO.
To invest in ICO now is a crazy idea. A lot of scams. Developers do not fulfill their obligations. If you want to invest in new projects, it is better to buy their tokens on the exchange.
Because the token price listed on the exchange is cheaper than the ICO. Downtrend of the market lasted more than 8 months and had a huge impact on new ICO projects, although these projects were really good. This is the main reason why the investors reluctantly join the ICO.
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