Topic: Reasons why ICOs fail - page 63. (Read 319609 times)
Yes, now everything is falling due to the low price of bitcoin ... We must wait a little, soon everything will stabilize.
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.
I think it's because there is too much ICO and it make Investor confuse. It will make ICO hard to get many investor and get success. Also there is too much SCAM ICO and it make doesn't trust ICO anymore.
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.
A lot of factors do contribute to whether a project will succeed or fail.I believe community support and team expertise are paramount.A good product without enough community to rally round it will eventually fail.Same is also true if your product is shitty.
Reasons why are ICOs fails usually simialar, when team have hide token sale,token metrics were different from what team were claimed and real product on ico is just useless
Those are some facts why investors is not supporting this type of ico's, the team behind are shady and the project is worthless, its very important for real usage and the team development are for real, if a projects wants to be more successful and wanted to gather supports the team behind should provide updates and progress and what is the target goal and how the implementations will succeed.
I'd say since most of the cryptocurrency hype is down; not many investors are really interested in ICO's or (at the very least) cautious when trying to pick the right one.
I believe that the reasons for the failure are hight competition, an unstable situation on the market, so there are not so many interested investors. In addition, now very many ICO want to use blockchain technology in any sphere, even in those sphere where this technology is not needed, hence the failure
Reasons why are ICOs fails usually simialar, when team have hide token sale,token metrics were different from what team were claimed and real product on ico is just useless
Some ICOs fail bcz there is no value add or the real use case provided by the project. SO the project only tries to copy other multiple projects so that it can raise money. Most of them are frauds. It's really hard to find a decent product among all this fraudsters. In short ICOs are unable to gather trust from the investors for the long term HOLDINg of tokens and thus there tokens get dumped post ICO
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 so many alike projects on the horizon.
In Telegram groups people keep asking "What is the difference of your project with project XXX?". And in fact in most cases the difference is very small (like increasing speed of transactions to 5%).
Technological issues: Many projects are failing because of technological issues like lack of security.
Often investors are not paying attention to good projects, so we should try to attract their attention. Now Ambit Mining is live so take a look.
All projects fail because of the fact that once every project was successful and people believed in those and now people are simply afraid to invest thinking that this is a scam!
Some ICO fails because the project they want to build is no use case or real value or the project doesn't require blockchain or the project already have a leading competitor on the centralized platform. It will be hard to build a decentralized social media that will replace Facebook or twitter.
The majority of'em is scam, pure plain and simple. Actually, they succeed, not fail - 'coz ICO hosts aim to rob you bald, and many of them are really good at it. It's really hard to find a decent product among all this garbage and gibberish, yet I've managed to do so. If you're intrested, check out Cryptics - I think it's at least worth taking a look at it
Many of the ico have not yet started entrepreneurial activities. If you read the white papers of those series, the profits are expected from 2019 2020 2022 and so on. Do not be in a hurry good projects are medium-term. Those hyperveloci, on the other hand, are bankrupt
Yes, I agree with you.It is too early to draw conclusions about the failure of any ICO.If we analyze it, we can see that the full implementation of the project which was conducted by the ICO is planned for 2020.Someone earlier, someone later, but it's not tomorrow or the day after.Come on let's be patient and do not make hasty conclusions
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 majority just pumps the hype and make it seem like a bubble whereas there are not anything that can solve a problem otherwise the ones who have a working product and a dedicated team are the ones who succeed.
Well it's not just about that there are some things that may affect why their ICO/Project fails here are the things in my mind:
1. Poor Advertising Campaign.
2. The Team members are not credible (Including their advisor).
3. The project is too complicated and it's hard to develop or really needs a high amount.
4. The project itself are common or the concept is not that unique for the people to invest on it.
5. Poor management handling.
Most of the ICO's that are failing doesn't consider any scenarios that may happen, it is important to have a plan before doing a project for example what if the hard cap is not reached, what are the things to do in order to increase exposure of the project or how to attract more investors.
1. Poor Advertising Campaign.
2. The Team members are not credible (Including their advisor).
3. The project is too complicated and it's hard to develop or really needs a high amount.
4. The project itself are common or the concept is not that unique for the people to invest on it.
5. Poor management handling.
Most of the ICO's that are failing doesn't consider any scenarios that may happen, it is important to have a plan before doing a project for example what if the hard cap is not reached, what are the things to do in order to increase exposure of the project or how to attract more investors.
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