Topic: Reasons why ICOs fail - page 51. (Read 319623 times)
Most of the projects want to raise necessary funds, not to build new economy. And it is good that nowadays investors are not so credent.
most existing ICO has a similar concept with others and even with previous predecessors. If it does not have its own advantages not certainly will not be able to generate for this. This sometimes makes the ICO could not succeed because less has good potential in the future. In addition, a growing number of ICO also make investors be divided into many paths to creating ICO successfully. This makes the ICO cannot achieve the minimum result that can be used to create ICO success.
because already too much ico at this time. last year ico not too much, the result of many successful projects raise funds for project development. now ICO is like a popcorn seller. almost every month there's always ico started. this month I see already there are 10 - 15 projects that started ico
I think because a lot of ico are not ready with the project being done, so the project is immature but ico is already in the market. So there is little miss between project and ico. so many ico will fail because the project is not finished.
For me, I think one of the reason is that most failed ICO is unprepared. The hype of crypto is very high nowadays and more and more people is joining our world, thus new projects were also in a rush which makes them very vulnerable in failure.
They fail because they planned to fail from the beginning and are tricking people away from their ETH and BTC. Sorry to say.
I found that the best reason for that is that most of the projects started their campaign in a bad market situation. If we compare with December last year, we could see that less interesting projects boomed much more, and all because the green market.
I think the fundamental issue is that numerous ICO ventures think more about the promotion, instead of the plan of action or the innovation behind it. These days, financial specialists are getting more astute and they complete an exhaustive keep an eye on ICOs before submitting any capital. Along these lines, I trust the center plan of action must be great and have a decent utilize case first. At the point when this is valid, at that point you should think about the publicity of your undertaking.
there are many reasons why ICOs fail, as you describe, I think they are not innovating in releasing products and only halfhearted in trying, should work team can work hard and reliable in selling its products, must be good at marketing and read market interest and judge investors are interested in what kind of product, especially now that many ICOs are popping up just to take advantage of other people's money, after they fail to disappear somewhere, everything should start with a good administration and a solid team work.
An ICO may fail when it is being managed by inexperienced team members or when panic set in during the sales period. Investors are drawn away from such ICOs. Also an ICO may fail when the idea behind the project is not feasible on the market to attract investors.
A lot of ICOs fail due to different reasons. Most of them do not have a good plan, a working prototype (a good one not just rubbish), long term plan is not good enough.
Another reason is the team. The team of most ICOs do not have the necessary experience and expertise to develop the project. Though the idea might be good but team is very important for the execution.
And some are outright scam that just want to collect money from the public.
Another reason is the team. The team of most ICOs do not have the necessary experience and expertise to develop the project. Though the idea might be good but team is very important for the execution.
And some are outright scam that just want to collect money from the public.
many individuals today r need to contrast with the earlier years, they imprudent not doing research and so forth. Individuals r more vigillant and alarm with these ICOs particularly our locale knows with these loads of tricks, one redflag is sufficient reason not to contribute that is the reason the vast majority of these trick ICOs r falling flat
Ico fails for several reasons, one of which is unrealistic projects, poor marketing strategies, a less solid team. Inexperienced teams can lead to declining selling points of ICO products. So the relationship between developers and investors less closely.
The tokens created must provide practicality in the ecosystem they are in and can increase the network effect. ICO tokens must be part of the company's business model. Many tokens are not practical, and failure is a matter of course.
The main failure of ICOs is scams of 90% companies and second reason is very low rate in exchanges when launched .
The greed of the developers, too, can not be denied . Cryptocurrency is always a risk of losing your investments.
Thank you for the tips on most common ico fail. But I have to add something. ICO also fail due to its price crash, especially when the ico is hosting a bounty campaign. Most of the bounty participants is dumping their coin at its lowest price.
There are many reasons why ICO fails, I think ICO projects are unsuccessful because investors have not really invested in potential ICOs. They have not really explored the ICO projects they invest in. They lack the initiative in selecting the initial project.
The whole problem always lies only in people and it becomes today the most important problem that disturbs people's hearts. It's all in this, because that's exactly what is now a big problem.
I think that ICOs will not die, their implementation is modified, threre will be a mechanism that reduces the number of scams of projects. Then people will trust them and see a good mechanism for investing funds.
Good comment quoted by someone else 😔
Good comment quoted by someone else 😔
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