Reasons why ICOs fail - page 73. | Bitcointalksearch.org

Sendah

member

Activity: 143

Merit: 10

delicia - Decentralized Global Food Network

Quote from: MWesterweele on May 14, 2018, 10:23:20 PM

Quote from: idol.vientocdep on May 14, 2018, 10:07:23 PM

In my opinion ICO will be success or fail depend on the their team founder, if they really solid and professional to development their project for sure will success although many competitor in the market.

The main reason why ICO fail is because some of them are scam and they use ICO project just to get money to someone, so that's whysome ICO are not successful, but even there's a fail ICO there's still have successful ICO we can trust. Also its better to study it first before you invest in ICO to avoid being scam and lose money, and i think its better if you have basic knowledge before you do it.

Sometimes scam ICO are succeed, sad to say but it's true I have a friend who join a bounty and yet it is succeed but until now she didn't get the reward, so the bounty was scam. For me some ICO failed maybe because their project was not good enough for the investors to invest.

MWesterweele

hero member

Activity: 1372

Merit: 564

Quote from: idol.vientocdep on May 14, 2018, 10:07:23 PM

In my opinion ICO will be success or fail depend on the their team founder, if they really solid and professional to development their project for sure will success although many competitor in the market.

The main reason why ICO fail is because some of them are scam and they use ICO project just to get money to someone, so that's whysome ICO are not successful, but even there's a fail ICO there's still have successful ICO we can trust. Also its better to study it first before you invest in ICO to avoid being scam and lose money, and i think its better if you have basic knowledge before you do it.

idol.vientocdep

newbie

Activity: 26

Merit: 0

In my opinion ICO will be success or fail depend on the their team founder, if they really solid and professional to development their project for sure will success although many competitor in the market.

cryptobucs

newbie

Activity: 77

Merit: 0

I think one of the reason is that there is a low or no demand of the product in the market. Also, theres a poor marketing strategy or branding. Other reason is ineffective team behind the project.

MartiniBlanco

sr. member

Activity: 647

Merit: 260

One of the most reasons why an ICO fails is that their ICO prices are too high compared to the total supply. I think a lot of Project teams dont care about that, because they only wanna make quick bucks for their product!

victory.lil

full member

Activity: 490

Merit: 100

Today, there are a lot of reasons that can occur, firstly it is a very large volatility of bitcoins, as is the very great desire of investors to still get their invested funds very quickly. And there are still a lot of reasons why the project as a result receives less money.

Silver_Wost

full member

Activity: 476

Merit: 100

Quote from: Ini35 on March 21, 2018, 06:03:16 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.

reason ico failed the possibility of internal factors,
is developers are not serious work on ico and marketing projects

Leah38

full member

Activity: 1078

Merit: 102

Developers should continue with their updates about their developments on social media and other source of information. Investors are likely to wait what to do with their tokens after ICO besides trading them. Less activity from the part of the project team will cause uncertainty and unsureness to the investors thus dumping happens.

Waqas vicky

newbie

Activity: 210

Merit: 0

i think its becuase of more ICO are just like a hype, there is no backend business so that's why they fail.

Triss Merigold

member

Activity: 294

Merit: 12

The Future of Security Tokens

The cause of failure may be discord in the development team. Shortened terms, delays in the payment of wages, internecine, not understanding each other can lead to the loss of the development team as a whole. If everything is not quickly restored, then ICO or anyone else will not develop.

orangy

newbie

Activity: 85

Merit: 0

Quote from: Ini35 on March 21, 2018, 06:03:16 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.

One of the most important reasons for the failure of the ICO is that the threshold for raising funds through ICOs is lower than other funding options, such as venture capital.

Crypto_lion

member

Activity: 630

Merit: 11

NEW MEDICINE:Faster, Safer, Smarter

The major reason for the failure of ico is because too many people lack the knowledge and experience to develop the project but they jump into ico because they see it as chance to settle themselves.

IrenNTA

full member

Activity: 364

Merit: 101

"One Token to Move Anything Anywhere"

I would say that more than 90% of all ICOs won't reach their goals. There're tons of reason why they fail. I think that only those projects that have very experienced teams and really strong fundamental ideas which are demanded and supported by crypto communities, can survive and become another "Apple" of "Microsoft".

Blackhammer321

member

Activity: 400

Merit: 59

Quote from: Ini35 on March 21, 2018, 06:03:16 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.

The above reasons are true and are one of the reasons a lot of ICOs are failing. Having no creativity will bring out substandard projects that are too insignificant to even be able to compete with projects that are bigger abd more innovative yet more relevant to the modern day human. In the ICO industry uniqueness is one thing that will get you everywhere abd without it, expect death on your ICO.

JP_crypto

newbie

Activity: 96

Merit: 0

In my opinion, 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. Remember that ICO is like a product or service which cannot survive until and unless you are doing marketing the right way. You need to understand who your audiences are, how to find them, and then convert them to make your ICO successful.

loof99

sr. member

Activity: 524

Merit: 258

I think the reason why the ICO fails is when no people support there services.
It is a business which if there is no customers the business will die and there will be no more reasons for them to stay in this industry.

vhroen

newbie

Activity: 114

Merit: 0

We should be glad if, among the 50% failed ICOs are a scam, they shouldn't be there in the first place anyway. Now we could talk about legit ICO that failed then. So far, I didn't see or read real and precise statistics on how many ICO failed and how many have been successful. Every one that I noticed gives only estimation percentage base on their opinion and nothing more.

There are various reasons why ICOs failed: It could be a project that very common, a copycat project that has lots of competitors or out of this world project that obviously couldn't be implemented and no clear vision where their project is heading. An inexperienced team that many investors sceptical to invest or questionable credibilities of some members of the team and advisors. Lack of famous and stable partners that back up their project. No solid community-based supporters and a lot more.

markcruz5554

jr. member

Activity: 112

Merit: 1

Most are just pure shit.

jaaeeeyyyy

full member

Activity: 434

Merit: 101

Quote from: Ini35 on March 21, 2018, 06:03:16 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.

It might take some time until the altcoins you have invested in recovers. Especially if the altcoin weren't sufficiently crowdfunded. But what's important for you to know is that you have to stop worrying because most of the time coins that have reached the surface of the market doesn't die that easily and are expected to recover in 2-3 months prior to the price decrease.

Darius_Wright

newbie

Activity: 93

Merit: 0

I think one of the reasons is that most developers forget the “cryptoeconomics” of their ICOs. There are two words that makeup cryptoeconomics: “cryptography” and “economics”. While most developers pay attention to the cryptography part, they hardly pay any attention to the “economics” part. As a result of which, it is very rare to find a token whose economic skeleton has been properly and thoroughly mapped out.

Topic: Reasons why ICOs fail - page 73. (Read 319623 times)