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Topic: Reasons why ICOs fail - page 40. (Read 319623 times)

jr. member
Activity: 182
Merit: 1
August 21, 2018, 08:57:55 AM
For me i think some ico fall because there were not enough investors interested in the project due also to low promotions from developers and team members.
jr. member
Activity: 225
Merit: 1
August 21, 2018, 08:54:16 AM
From the many failed ICOs that I met, I met and analyzed the failure of this ICO because they offered tokens that had the same technology as the previous token. In other words, the offered tokens show less innovation where so that this makes the public's trust in the token decrease. I am also very annoyed if there are new coins but technology is not innovative, many new coins are duplicating technology from previous coins so that people are very difficult to build trust in the coins because using old coins is no problem and not much different.
full member
Activity: 504
Merit: 100
August 21, 2018, 08:49:47 AM
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.

And the list does continue.

3. Lack of proper marketing
I believe in a thriving cryptocurrency market, one should hire a very skilled marketing team in order for their tokens to ever make it big in the market. It never ends with just releasing the tokens out on the market.

4. Hiring the best manager
A bounty campaign is considered a very smart marketing move and a campaign manager would mean a great deal of marketing when picked right.
full member
Activity: 560
Merit: 100
August 21, 2018, 08:48:52 AM
I think many ICOs fail because they don't have careful planning. They are not ready to carry out their projects so that all seem rushed. I prefer if ICO runs the project in a relaxed, free, but responsible manner. The many failures of the ICO are also influenced by euphoria that only wants to immediately release the ICO and get investors without clear steps. Last maybe because the strategy applied is less intelligent, especially marketing and promotion strategies for tokens offered by ICO.
sr. member
Activity: 485
Merit: 250
August 21, 2018, 08:42:32 AM
The share of bad projects is still high. In order not to lose money in future scams, it is necessary to check in detail the information about the project, its team and to study the opinion of the community.
newbie
Activity: 177
Merit: 0
August 21, 2018, 07:04:15 AM
the reason is because the ICO is now copying the existing coins, so investors are less interested in the ICO.

if the ICO is good and different from the existing one, it is certain that the ICO will be successful.
full member
Activity: 244
Merit: 100
August 19, 2018, 11:09:33 AM
Basically, as a result of a bad idea or for some technical reasons, many ICOs fail. Therefore, investing in any ICO is risky, it is important to look for projects that stay away from these mistakes. Of course, probably the most promising start-ups may fail. If you want to retain the investment before the glory, be sure to measure the long-term strategy of the project.
member
Activity: 415
Merit: 10
August 19, 2018, 05:18:08 AM
There are many reasons for ico's failure. The longest reason is that this ICO is simply a scam. As far as I can see, more than 90% of ICOs on the market may be scam. The entire market is affected by these scams, causing serious fall.
copper member
Activity: 420
Merit: 2
August 19, 2018, 05:07:59 AM
What you are saying may be true. I think some also fail because of the unrealistic goals they set for themselves. But do you think it is actually just 50% that fail?
newbie
Activity: 41
Merit: 0
August 19, 2018, 04:59:30 AM
I think the motivation behind why the ICO comes up short is the point at which no individuals bolster there administrations. It is a business which if there is no clients the business will kick the bucket and there will be no more explanations behind them to remain in this industry.
newbie
Activity: 70
Merit: 0
August 18, 2018, 10:24:02 PM
So many ICOs failed because I thought there was a lack of feasibility studies in several projects. Some projects are not convincing enough to succeed so that they do not satisfy investors. However, many ICOs are successful, all of this is just how serious the developer is advancing the ICO.
member
Activity: 294
Merit: 21
Buy, sell and store real cryptocurrencies
August 18, 2018, 06:38:26 AM
All want quick money, so our world in the year 2018! Too easy and quickly you can assemble investment and escape, so there are so many wanting to get rich quick!
newbie
Activity: 90
Merit: 0
August 18, 2018, 06:08:31 AM
mostly of the reason why the ICO failed, is that they do not meet their expected soft cap and cannot continue there project without that money, and so they have to abandon there project, but they will return to the investors their money and it takes time to do it.
copper member
Activity: 518
Merit: 2
August 18, 2018, 06:07:42 AM
Personally, I hinge the primary reason to greed. Only few projects out there have something worthwhile, something of real value and a product capable of providing a solution. Most developers take advantage of the fact that the crypto space is unregulated, they step in with the sole aim of defrauding unsuspecting investors. Once that is done, they don't care what else happens to the project or investor funds. Am afraid Its a rough terrain and will continue to be so unless something is done.
copper member
Activity: 126
Merit: 1
August 18, 2018, 06:02:57 AM
I think some ICO's fail when investors decide to cash out quickly which may result in panic dump and most times dump from developers who would want to cash out their investments also. Was the level of trust is breached it hampers the growth
newbie
Activity: 112
Merit: 0
August 18, 2018, 06:00:05 AM
Need time to give out new idea, almost good idea are used for existing ICOs. This market just only develop fastly in 2-3 year recently, so if some ICO can give out product and necessary to real life then maket can growth up, as current situation almost coin and token just for trading
jr. member
Activity: 182
Merit: 1
August 18, 2018, 05:53:26 AM
for me
so the ICO fails because their project does not invest people until it just comes out with a scam.
they will no longer pay their participans because they have nothing to invest.
jr. member
Activity: 266
Merit: 1
August 18, 2018, 05:41:22 AM
so ICO can not succeed
because their project does not favor people with their investors so it just shows that it's a scam.
so before investing, ICO needs to know how much people want it.
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
August 18, 2018, 05:38:52 AM
In the crypto currency came a lot of money. They were followed by a large number of scammers who conduct fraudulent IDF in order to get money from gullible people.
member
Activity: 560
Merit: 22
August 18, 2018, 05:04:38 AM
I wouldn't be surprised if most ICO's are mostly an idea without means necessary to develop without proper funding. Getting things like a website, a team, a whitepaper, some ICO reviews (ratings) and perhaps even a very basic working product may make all the difference, but in most cases it can all be done/made/launched quite easily and affordable to give out an honest message to future ICO investors. Not that it really matters (to me). I used to go full mad on whitepapers, do research on teams and such..but in the end, you either are lucky, or you invest in a failed start-up....and with failed I mean it doesn't deliver at the beginning, but there still is a chance it will deliver much further down the road. For this I often don't get why people are screaming 'scam' so fast after ICO has finished....as if it is a surprise the project doesn't go x10 immediately.

A good example is Bee Token. I was so stoked about this project. Still think they could be able to get value up. However, my investment is almost completely worthless. Other projects however did much better, but Bee Token is a good example of a project that seemed to have everything in order (all ICO DYOR requirements were met, lots of hype included). Big disappointment when the project tanked that hard after ICO. You can't have it all I guess Smiley.

Most of the ICO's I invested in are still way down compared to ICO price....this will become better again once the bearish times have passed.

I think right now ICO's in general are struggling. I hope current ICO's will be able to get their projects up and running, as I do see more potential in each project (in general).   
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