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Topic: Reasons why ICOs fail - page 82. (Read 319609 times)

member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
March 25, 2018, 05:16:00 PM
#16
A lot of ICOs make no sense. They would have failed with or without crypto. In fact the crypto raised their rate of success a little bit just from the hype.

You have to look for ICOs that really take advantage of the blockchain. For example effect.ai circumvents some of the limitations that Amazon's Mechanical Turk runs into without crypto.
member
Activity: 182
Merit: 10
March 25, 2018, 05:14:12 PM
#15
For me the ICOs are failing because most of the people today are not dumb enough to invest into something that they arent aware of,not like that people from the previous years that are getting scammed because they are too eager to invest without any further research about the people behind these ICO campaigns,people have learned today that is why shit projects arent going to make it.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 25, 2018, 05:09:57 PM
#14
because ICO method to try to start a decentralised trustless crypto project is an impossible mission
member
Activity: 280
Merit: 10
March 25, 2018, 05:09:40 PM
#13
To my mind now is not good time to invest in ICO.  Almost all projects are in a hurry to raise money while hype around cryptocurrency has past.
newbie
Activity: 23
Merit: 1
March 25, 2018, 05:06:24 PM
#12
Because most of them are shit
member
Activity: 224
Merit: 61
March 25, 2018, 05:06:01 PM
#11
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 .
copper member
Activity: 238
Merit: 0
March 25, 2018, 05:04:04 PM
#10
I think the main reason of ICOs fail is, useless and discursive post by forums member. You shuld verify your post before publish.
full member
Activity: 472
Merit: 100
Gamblica Pre-Sale launch 01.03.2018!
March 25, 2018, 05:00:18 PM
#9
I think that many teams started ICO before the project is ready for it. I see so many projects that need so much work to be done, but their ICO is on the market already.
member
Activity: 235
Merit: 11
ENTRY cryptocurrency
March 25, 2018, 04:54:18 PM
#8
Might be? but for me it is lack of prefessionalism especially these scammer doesnt know how to writer a good whitepaper ,purely shit contents in the whitepper plus the websites look terrible,they arent using their own identity.Peopla re more vigiilant when it coins to these ICOs they are doing a lot of research if they have found that an ICO has some missing information they wont invest to it that is why it is so important to have a good team and advisors aboard.
member
Activity: 252
Merit: 12
March 25, 2018, 04:51:03 PM
#7
Blockchain technology it same things like the first internet startups start from internet provides and end from global markets.
newbie
Activity: 15
Merit: 0
March 25, 2018, 04:48:31 PM
#6
I dont think you can make a statement like that, without considering the other 50%. You could also say 50% of all icos are great. If you know what you are doing it is easy to distinguish bad and good projects.
All you need to do is to research deeply about every project. I am using telegram groups, youtube reviews and other resources to determine if a project is worth investing.


Resources:

Spreadsheets

Titan Research: https://docs.google.com/spreadsheets/d/1Ja83ZCDDOgNXNYatD5w-2grA8IENuSwGjtSHWOG247E
Tom Chase: https://docs.google.com/spreadsheets/d/1fhcTARkcktbagokKCwu_tdVHBYWj_wFIh90qo0ek1vE/edit#gid=0


My favourite youtuber:

TGO Network - TheGobOne https://www.youtube.com/channel/UCcbaSggxm8mApW2RG7psLrw
full member
Activity: 532
Merit: 100
March 25, 2018, 04:40:00 PM
#5
Developers always plan a lot, overestimate their abilities and in the future they can not complete the project to the end. On the other hand, if the marketing campaign was poorly organized, then only few people invest money and there is no money to develop the project  Undecided
legendary
Activity: 1106
Merit: 1005
March 22, 2018, 06:57:29 AM
#4
I do not think that 50% of failed ICOs is too much. In any business, percentage of loss-making campaigns is high. If we take the sphere of startups, only one project out of ten survives there. So, it is not so bad in the field of ICO as it is given in media
full member
Activity: 308
Merit: 100
March 21, 2018, 07:09:00 AM
#3
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
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
March 21, 2018, 07:05:04 AM
#2
Because most of the ICO project is more like a hype, they didn't have any meaning, from their white paper can determine that they are unlikely to succeed, so I think now is not a good time to an investment ICO.
member
Activity: 448
Merit: 12
March 21, 2018, 07:03:16 AM
#1
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.
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