Topic: Reasons why ICOs fail - page 67. (Read 319609 times)

This is the main problem of all ICO. They need to do everything simple and clear for the vast majority, because of this, the concept itself suffers, it is necessary to simplify it and as a result, the project can not compete in the market and reailzovatsya at 100%

Both of these situations you are talking about are correct. There are many other factors that affect ICO, such as their unrealistic goals, their team technologies failing to complete the anticipated products, etc. But now the reason for the most ICO failures is because they only want to cheat money! Fraudsters are the most hated!

Reason why most ICOs fail is that most of these projects are riding on hype ideas. Cannot sustain the market because product has no practical usage. Also some reason are the team. They have no experience or competence to drive the project and manage team for long term goals.

Bad team, without experience and no product, test net or smithing. These are the most common ones

I think that many projects that use ICO to call for capital and fraudulent money in the eyes of ICO people are getting worse. That makes many investors less trust in the ICO also they only short-term investment and led to that ICO failed before reaching the final goal.

That's right, the similar concept with other ICOs can lead a new ICO to be failed easily. Moreover, when the ICO doesn't have the new innovation that will make the project different and unique. It sometimes also is influenced by the community and the trust of the people that can lead them to avoid the project to be invested.

The acceptance of the audience determines the success of an ICO. There are ICO that projects a great idea but fail and the reason is...timing and implementation. A project may fail because it is not ready to launch and the commodity prsented is too untimely for the current need. Implementation may also creates failure because the audience trust deminished when there is a violation in the implementation date, price and exchange.

ICOs fail because of these primary reasons such:
Inadequate Product Market
About 60% of ICO fail at the initial stage because their services or products does not have any value and demand in the market. Most of the ICOs today requires selling token to raise the capital. For such ICOs it is important that their ICOs have caught up the SEC and related regular bodies soon to protect themselves from long-term failure. it is very important the people who are launching the ICOs should have a defined market which is completely aware of the project, it is also imperative to build trust and reputation to make your ICO successful.
Failure to create the brand identity
People are not brand conscious. They invest in a project which sounds good forgetting it should look good too. This includes every element of websites like content, logo, visuals, fonts, ICO white paper, and selection of colors etc. The people will question your brand if they find your website unprofessional.
Unrealistic Objectives and Budgets
The unrealistic budgets and objectives of the new business always put the business in difficulties. The higher you set your objectives, the more budget you will need to achieve those objectives and so is the need to spend on the marketing, PR, development, design, and content.
Lack of audit, reporting, and measurement
Majority of ICO which has failed was launched by newcomers who have very limited knowledge of the online marketing techniques and do not understand the need for continuous auditing, measurement and reporting to improve their ICOs. Bear in mind that an ICO is like a product or serivce which cannot survive without you doing the marketing in a RIGHT WAY.

There are some icos which are creating a high softcap, and that is one of the main reasons of why we are seeing a lot of them failing, because the people has lack of trust over them (they do not want to lose their money)

Tons of ICO's have failed in the past because they had no real product behind or people were afraid to invest into the project and another reason is that markets crashed and this affected the ICO's

Some ICOs fail because their participants are expecting the tokens too soon. Additionaly, there are ICO projects that plan to begin their operation and get profit later which is why they are like mid term investments. So you just need to wait if you are sure that the ICO you picked is not a scam.

Most ICO also fails because they don't have a working product at the moment & they just show a long roadmap of their project in a white paper with the steps they would be taking in future to build the product & expanding the business after collecting the funds form investors. But what happens is that if they even raise enough funds they don't work on the project with full determination or just leave it, they just celebrate that they raised that amount of money. Don't invest in the project who don't have the working product right now, don't get misled by their sweet claims/promises mentioned in a whitepaper.

I think that many ISO are false, because users do not want to understand the specifics of the project and give their money. Because of this, scammers appear. I understand the projects always and after that I decide to invest my money and time in them or not. REMME is an excellent project that will solve an important problem for people who care

I agree with you. And unfortunately, there are a lot of ICOs that have not started their entrepreneurial activities. We need to carefully study their documents, the road map.

The main reasons for the failure of many ICOs is that their project is not needed and uninteresting, and they wanted to collect a lot of money, the second reason is a bad promotional action of this program.

There are too many reasons why an ICO/s ae falling during on it's campaign period. Some of those are; poor management of their projects, not active admins and developers, sometimes they are lack of investors that can sold out their tokens, and maybe they don't have a big partnership that can help their community spread and be heard by other crypto users, sometimes you must be partnered with big platforms so that you have an ally if your project doesn't reach it's goals and objectives.

ICOs fail due to poor planning and not enough vision on the part of the team of developers behind it. If you want to create a coin that will last a long time then you should be looking for something that people would still be interested in using for years from now. Then there are just the icos that are straight up scams so once they get the money that they are looking for they are gone.

Most of the ICOs in the industry focus on a short term. That is one the main reasons to fail. If the ICO handlers plan for long term with a good scope, ICO will be a success. But good ICOs get an unhealthy up trend right after come to an exchange and it will make a huge nose dive. That's because investors sell the tokens to make huge profit but investor should be more responsible than that. No matter how good ICO handlers handle the project, if the investors didn't make their part. Both parties need to act their part prevail an ICO.

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 ICO,that have not been carefully prepared are necessarily failing.

I believe that one of the most important thing is a vision statement, if their statement is unclear they will not succseed