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Topic: Reasons why ICOs fail - page 77. (Read 319623 times)

member
Activity: 336
Merit: 12
May 09, 2018, 01:30:39 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.
Most of ICO fail in their projects because most of their devs are just scammers , they just sell a big dream with innovating project and they promise you to buy a limbo in few months but few days later it's the same devs who buy his limbo with your fuckin money and disappear with millions of stupid people who believed in that scam .
Fraud in the ico area is a rather complex issue, as it is not regulated.Many opportunities, especially for those who have resources.It becomes almost impossible to distinguish between normal and fraud.
Not all ideas are just to collect money and disappear, it's too rude.Many continue to create the illusion of working and increasing money from the air.
hero member
Activity: 728
Merit: 500
May 09, 2018, 01:15:57 AM
Most of all beginnings in any sectors and spheres fail. It's absolutely normal, the creators of the projects themselves understand their mistakes
sr. member
Activity: 630
Merit: 261
May 03, 2018, 04:49:01 AM
main factors: reassessment of the current cost of the project at the stage of the ISO, inflation factor, bring to the market a large percentage of tokens not participating in the distribution, and the project and the team do not have significant incentives for development, the money is received - one can relax.
member
Activity: 462
Merit: 10
May 03, 2018, 04:33:18 AM
This list may be longer than this. I think people are afraid of fraud and don't invest in ICO for this reason.
Many ICOs will be more successful when it is market stabilized.
newbie
Activity: 266
Merit: 0
May 03, 2018, 04:29:51 AM
I think many of the factors that make ICO fail may be a less qualified marketing strategy can also because they give up when they work on the project, and can not handle it anymore. in my opinion, some ICOs are good and some are not good, based on what and how they handle the project. I think that is how the project team "works" on the project not only what their project objectives are. we must be observant in choosing the best ico for investment so as not to regret later.
full member
Activity: 2086
Merit: 193
May 03, 2018, 04:27:22 AM
it seems to me normal that most projects do not meet expectations. In real businesses a similar picture, no more than 10% become successful.

That's the risk in ICO because you are not sure if the investors want's to support your bright idea. Also some ICO fail simply because of lack in preparation and function of their technology, some are just meant to be failed because of the team behind it.

Not reaching softcap and hardcap, too much airdrop, no useful project, hard to create and less experienced team on the project.

Common reasons  why ICO failed, and I think investor should make extra effort on reviewing the project so you will not lose your money.
member
Activity: 574
Merit: 11
May 03, 2018, 04:22:22 AM
it seems to me normal that most projects do not meet expectations. In real businesses a similar picture, no more than 10% become successful.
sr. member
Activity: 630
Merit: 258
May 03, 2018, 04:15:55 AM
I think and based on my own understanding the reason why some ICO (Initial Coin Offering) companies fails in their journey is because of the least demands that they received in the blockchain market,
if the people did not support their services then there will be no reason for them to exist.
sr. member
Activity: 728
Merit: 250
May 01, 2018, 02:45:10 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 may be true.
Additionally, some factors also influence why an ICO failed.
We may think about the fail of some ICOs because they don't reach the softcap or failed after their token is in the exchange.
First, the presence of ICO scams may make the investors scary to invest in ICO. Some of them turn back to buy the coins on the market.
Second, the project is also lack of the community. SPreading in the community is very important to introduce the project to the investors to be. It is also actually necessary to introduce the project with some meeting or show in some cities.
Then, it may be also related to the ready-product. We know that the ready product will be much better. We can also see the use of the token or coin offered by the ICO project. It is to guarantee after distribution, many people can use the tokens not only for selling or trading.
newbie
Activity: 138
Merit: 0
May 01, 2018, 02:26:10 AM
I think that many ico projects do not have a clear profit model. They think of the realization of the project as too simple and often overlook the project's prospects and project value.
member
Activity: 392
Merit: 10
April 24, 2018, 11:00:18 AM
ICO fail because of there lack of consistency to the roadmap and in ability to determine the accurate  amount of fund, required for implementation of project.

because the program developed is not very clear or useful in the future and the team is also not very convincing. And actually there are many reasons why ICO there is a failure in sales
member
Activity: 714
Merit: 11
April 19, 2018, 02:19:43 PM
Without any plan.
Copy pasting Whitepaper.
Just to make money.
These are prior reasons why most of the ICO fails.
These turns off the investor trust as well.
jr. member
Activity: 196
Merit: 7
April 19, 2018, 02:17:10 PM
i think so. not 5o% fails.. its lack of campaigns.. we still have good ones

Before investing in an ICO, you must check out the background information about the team and the whole projects. Recently I have made research of such strong projects like Nebula AI and Merculet. It tooks me few days but it worths it.
legendary
Activity: 1638
Merit: 1033
April 19, 2018, 02:13:46 PM
•   Bad idea: Normally the failed ICOs don’t have an attractive idea behind their project.
•   Lack of regulatory reporting standards: There is no such obligation for ICOs to report on finding figures or on the economic position of the company.
•   Technological issues: Many projects are failing because of technological issues like lack of security.
•   Regional Disparities: As projects based in developing nations have low success rate than those based in developed nations.

this is true, most average projects fail because of reason number 1. they don't have a good idea for future development.
on the other hand their project runs inconsistent with a predefined roadmap
sr. member
Activity: 630
Merit: 257
April 19, 2018, 02:09:40 PM
•   Bad idea: Normally the failed ICOs don’t have an attractive idea behind their project.
•   Lack of regulatory reporting standards: There is no such obligation for ICOs to report on finding figures or on the economic position of the company.
•   Technological issues: Many projects are failing because of technological issues like lack of security.
•   Regional Disparities: As projects based in developing nations have low success rate than those based in developed nations.
full member
Activity: 230
Merit: 108
April 17, 2018, 12:02:49 PM
Some reason why ICO fail is because their source is not enough to mine more coins.
Their system can not maintain its being firm in the crypto market because they don't planned very well the every steps that they need to do. Maybe they are sticking in to one strategic plan.
full member
Activity: 644
Merit: 113
April 14, 2018, 07:26:04 AM
Most ICO are just really made to fail, most of it are a project without cause and just copied from other project. The developer team haa a big role in the success of the project. Before investing in an ICO, one must check out the background information about the team. The previous project they made and some related affiliation to other group. ICO also fails because the community that are interested with it is so few. This makes the project not popular and not gaining demand from people.
newbie
Activity: 82
Merit: 0
April 12, 2018, 09:32:07 AM
#99
I think there are some main following reasons: For ex like INCHAIN :
- Team — Unproven team and no other proof of ability to execute
- Business viability — Limited/unknown market and unclear business plan
- Technology check — No proof of concept and no other technology verification
- Crowds mechanics — Badly structured ICO in terms of investor protection
full member
Activity: 1260
Merit: 100
April 11, 2018, 09:20:16 AM
#98
i believe many ICO's fail because there are too many ICO's already.
Investors in crypto are limited, not anyone interested in cryptocurrency.
Therefore, the large investors only invest on a few ICO's
full member
Activity: 378
Merit: 100
April 11, 2018, 08:41:08 AM
#97
Some reasons why icos fail is because they don't have broad knowledge in building a firm blockchain. Forming blockchain is not easy than you think. It undergoes in a lot process before you achieve your success. A
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