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Topic: Reasons why ICOs fail - page 79. (Read 319623 times)

jr. member
Activity: 224
Merit: 5
March 26, 2018, 01:24:00 AM
#76
There are a lot of factor, as fo me 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 also the team should be legit,real people and using their own identity,the product/services should be working already the vision should be also great,whitepaper should be written very well ,roadma should be cleared too advisors should be professional too so that the ICO wont have any redflags.
jr. member
Activity: 118
Merit: 1
SEELE- Blockchain 4.0
March 26, 2018, 01:21:27 AM
#75
I really hope people will learn & research before investing in ICO. There are many that are clearly scam but people still invest in it... I for one will avoid ICO which promise X amount of return over a period of time... if Bank cant gives you the return how would those projects will?
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
March 26, 2018, 01:18:46 AM
#74
ICOs fail simply because they don't have a solid structure for their business model and concept. For a startup to truly plunge into the market especially for a platform under the blockchain technology, usability has a lot of weight in order for a project to take off. While most of them are complicated, I believe they lack of simple information that'll show the bigger picture of the project. And an ICO should have a strategic edge over other ICOs that offer same line of solution. Of course, digital marketing plays a big role on promoting ICOs.
member
Activity: 448
Merit: 15
TREEBLOCK
March 26, 2018, 01:07:10 AM
#73
Most ICO will fail becasue either the team is too inexperienced and has not promoted the project properly or made sure that the amounts to be raised are favourable to the current market.
newbie
Activity: 154
Merit: 0
March 26, 2018, 12:54:07 AM
#72
Because it's too bad, no clear direction, "scam" and it's "normal". Many ICO doesn't have breakthrough. And I think it fail because of its popularity. There are a lot of ICO and no one works effectively.
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
March 26, 2018, 12:42:32 AM
#71
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.

Good point. Like products in the market they fight for consumer consumption tru advertisement which in altcoins' case is not applicable. Ads agency hire celebrities to endorse their products that altcoin could never do because cryptocurrencies are not yet accepted in most countries.

The best way I think to attract investors is continuous development of the projects and good customer service by the dev team.
newbie
Activity: 111
Merit: 0
March 26, 2018, 12:41:20 AM
#70
many ICO projects that fail, can be because the products offered are not clear, the flow of shares that are not clear (medium), the way of promotion that is less interesting and complicated
full member
Activity: 504
Merit: 100
March 26, 2018, 12:32:48 AM
#69
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.

actually there are many reasons why ICO there is a failure in sales because the program is developed is not too clear or useful in the future and the team is also not too convincing.
full member
Activity: 364
Merit: 100
March 26, 2018, 12:28:15 AM
#68
Lack of funding to continue the implementation of ideas or that more often the lack of a finished product or even a prototype, which can even partially assess this project. And then the decline in demand and, accordingly, the relevance of life.
hero member
Activity: 2282
Merit: 659
Looking for gigs
March 26, 2018, 12:25:58 AM
#67
I would like to point out an ICO that definitely failed in their project. One of them is Gilgamesh. Although I like their project concept for book lovers and have some creativity, I think they have lack of marketing and exposure (especially that Facebook, Google and Twitter have laid the axe on paid advertising), same thing with the other ICOs who have failed before. No disrespect. Just sayin’.
newbie
Activity: 123
Merit: 0
March 26, 2018, 12:22:44 AM
#66
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.


on my opinion, some ICO are good and some are not good, based on what and how they handle the project. i think it is how the team of those project "work" on the project not only what purposes of their project, so i think failed ICO is because they are surrender when they work on the project, and can't handle it anymore.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
March 26, 2018, 12:17:24 AM
#65
They are some reasons why the most ico fails. But the first of all of them is, that the most ICO are just created to earn easy money from the bitcoin and cryptocurrency hype. SO there are no projects behind, they just interested to collect money. The other reason is, that they are to many ico who are doing the same stuff. SO why we need 10 projects who want to make you mine tokens while you workout in the gym? ANd another reason is, that the most projects are to futuristic, and nobody will ever use it. As exemple i can just bring again this project with the gym. DO you really think any gym on this world will accept those tokens as payment method?
member
Activity: 364
Merit: 10
March 26, 2018, 12:10:49 AM
#64
most ICO fails because of the poor project, means that it has no long term projects, many investors look for good ICO and has a good platform that has a long term effect on the market. thats why the lack of  support in the community most ICo fails.
that is also the reason, it could happen like that. may also that's also the reason, it could happen like that. may also the developers fail to provide innovation on the ICO, or a weak marketing department in the promotion process
sr. member
Activity: 1050
Merit: 254
March 26, 2018, 12:01:56 AM
#63
most ICO fails because of the poor project, means that it has no long term projects, many investors look for good ICO and has a good platform that has a long term effect on the market. thats why the lack of  support in the community most ICo fails.
That is one of the reason why an ICO fail, people already smart nowdays and they will not invest their coins into stupid and not serious project ICO. Investor always see the project and the teams behind the project before they invest and i think some ICOs fail is because from the project itself not from the investor.
jr. member
Activity: 359
Merit: 1
March 25, 2018, 11:58:56 PM
#62
a lots of ICO dont have real project, just make some coin and make agreement with exchanger..
full member
Activity: 364
Merit: 100
March 25, 2018, 11:57:29 PM
#61
a lot of people today r want to compare to the previous years, they careless not doing research etc. People r more vigillant and alert with these ICOs especially our community is aware with these lots of scams, one redflag is enough reason not to invest that is why most of these scam ICOs r failing...
full member
Activity: 560
Merit: 107
Keep Working
March 25, 2018, 11:53:57 PM
#60
There are multiple reasons for an ICO fail, however most important are:

Product/Service they are offering
The team behind the project
Clear roadmap

Nowadays we saw over hyped ICOs and once ICO finished token price drop more than 50%.
member
Activity: 269
Merit: 12
we're Radio, online!
March 25, 2018, 11:47:00 PM
#59
most ICO fails because of the poor project, means that it has no long term projects, many investors look for good ICO and has a good platform that has a long term effect on the market. thats why the lack of  support in the community most ICo fails.
full member
Activity: 532
Merit: 100
March 25, 2018, 11:42:28 PM
#58
i think because these reasons
  • A team of nobodies, bad or not professional
  • Too high or too low cap
  • Idea not original
  • roadmap not clearly
its these reasons, why investors dont want to join in the ICO, and because not reach targets the ico will die (fail)

full member
Activity: 531
Merit: 102
March 25, 2018, 11:38:45 PM
#57
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.
You nailed it. I am in favor with your recommendations.  I think you should also add to your list that the ICOs fails because it has no originality or the concept was already encountered by the investors before. Additionally, it does not addressed the current needs of the people. Lastly, the team/developers do not have enough experience in launching ICOs .
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