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Topic: Recent Icos facts (Read 716 times)

full member
Activity: 657
Merit: 100
December 09, 2019, 10:30:38 AM
#79
Yes it's really truly happen in the majority of the ICO and IEO projects. This is one of the big reason for most of the projects did not get fund to reach success. Without real and effective products how investors will be interest to put their money and very difficult thing is without products we are unable to find out good one.
sr. member
Activity: 700
Merit: 257
December 09, 2019, 09:52:17 AM
#78
as you say. very difficult to detect ICO with a good future. some good ICOs don't even appear in the media. then, how to detect ICO scam. ? You should choose a good ICO for the future. if it's just an ICO scam, that's a lot. but the best ICO is very difficult. as I experienced, is KLAYTN ... I have never seen this, but they appear only with airdrops and it turns out they are a big project from the Korean Kakaotalk company. there is currently no guarantee that ICO or IEO has a good future.
ICOs are past. They don't exist anymore or you can say that good ICOs are no more available. It was before the pump of 2017 that ICOs really worked because then projects at that time were not scams. The biggest problem with today’s market is scams. Otherwise, people would have still trusted such stuff. According to one survey, almost eighty percent of the market is just frauds and failures.

Yes, they are actually dead anymore so let's not think about them anymore as they are just part of our history and our failures and experience to them should be just a lesson to learned for our present and future, ICO's was really an easy way to earn income but it was also the quickest way for the scammers to scam people, they took this as their own advantage too.
sr. member
Activity: 742
Merit: 251
December 09, 2019, 09:40:35 AM
#77
as you say. very difficult to detect ICO with a good future. some good ICOs don't even appear in the media. then, how to detect ICO scam. ? You should choose a good ICO for the future. if it's just an ICO scam, that's a lot. but the best ICO is very difficult. as I experienced, is KLAYTN ... I have never seen this, but they appear only with airdrops and it turns out they are a big project from the Korean Kakaotalk company. there is currently no guarantee that ICO or IEO has a good future.
ICOs are past. They don't exist anymore or you can say that good ICOs are no more available. It was before the pump of 2017 that ICOs really worked because then projects at that time were not scams. The biggest problem with today’s market is scams. Otherwise, people would have still trusted such stuff. According to one survey, almost eighty percent of the market is just frauds and failures.
sr. member
Activity: 2324
Merit: 263
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December 09, 2019, 04:21:30 AM
#76
If that is the case then spare yourself the stress and quit investing in ICO projects, IEO is a better option if you want you can join huobi and binance launch projects or even gate .io because they always bring good profits
True, if IEO is launched through exchange binance, huobi and gate.io, most of it is good, so it always has the potential for profit if someone is able to invest in it, because I personally also like the three exchanges.
legendary
Activity: 2674
Merit: 1226
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December 09, 2019, 04:08:54 AM
#75
To avoid such things, just don't invest or even look at ICO projects. They all are shit. I feel wonder why people are coming with ICO projects without any products or even a good idea when everyone knows about their scam behavior. To be in a safe zone and to not lose money, don't invest in ICOs, invest in coins or in IEO.

Good. I hope more people think like you, because ICO projects truly are shit. Yes, there is always the super rare exception, but you know what? I would rather miss out on a good one than get stuck in 100 shitty ones. Besides I already have Bitcoin, what could be better than that in my short lifetime right?

Unfortunately, most people will always let greed guide them. So the ICO market will always go on.
sr. member
Activity: 1190
Merit: 253
December 09, 2019, 03:30:44 AM
#74
I have seen lots of scam projects and I guess we need to be more careful to be able to avoid being scammed. There are still indicator on how we can identify scam projects but still we need to we should do more research because they are really aggressive on what they do.
member
Activity: 476
Merit: 22
December 09, 2019, 02:44:24 AM
#73
There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

IEO is here to fix ICO problems, all you have to do is stay with top exchanges with good volume and liquidity, though its been a while since have seen new IEO projects from binance and huobi, just be on watch is all or add binance group on your telegram to stay informed
sr. member
Activity: 1123
Merit: 253
December 09, 2019, 02:43:36 AM
#72
If that is the case then spare yourself the stress and quit investing in ICO projects, IEO is a better option if you want you can join huobi and binance launch projects or even gate .io because they always bring good profits

Are you saying that ICOs are full of stressful results while IEOs are not? If your answer is yes, then I don't think you are clearly updated about events in the IEO market. If you really want to avoid useless stressful situations then you should quit investing in both ICO and IEO. These two investment opportunities are not anymore the kind of opportunity that it was in the past. Right now, the results are more of negative rather than the positive. The return of investment is not coming from most of the projects that offer IEO and ICO.
member
Activity: 700
Merit: 27
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December 09, 2019, 02:36:47 AM
#71
If that is the case then spare yourself the stress and quit investing in ICO projects, IEO is a better option if you want you can join huobi and binance launch projects or even gate .io because they always bring good profits
sr. member
Activity: 784
Merit: 251
December 09, 2019, 02:35:56 AM
#70
1:100 in choosing legitimate and real ICOs at the moment, scammers these days are getting neater in looking for the next victims, even projects like crowdfunding IEO can also be said as professional fraudsters. ICO is currently entirely just a game, besides fraud, manipulation, there are also projects that fail and leave bringing in investor money. investing in full ICO is no different from gambling, so besides proper analysis and research, your luck also matters, now is no longer the season. I think investing in the Top 20 in CMC is the same and that also has less risk.
sr. member
Activity: 602
Merit: 253
December 09, 2019, 02:23:23 AM
#69
Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

Wait, what? Are you planning to join the scammed ones? Don't you mean like how to indentify a scam ICOs? I Think that's more like it. Even with reading the whitepaper and everything else they've provided for you, you can't really tell if one will be a scammed one until it happens, I guess. If you're really afraid of getting scammed, it's better not joining any of them. Since ICOs ain't doing so well in the past few years.
sr. member
Activity: 1050
Merit: 256
December 09, 2019, 02:20:24 AM
#68
In every sector there must be fraudsters, scamming people. In my opinion, it is not important how to identify scam ico as long as we have no intention to invest. The easiest thing I do is stop from ico, ieo and the like. What I believe is buying when they enter the exchange. Because there their real prices are visible. In addition, by entering into the exchange, of course, it will not cost a small amount of money and this may be a form of the seriousness of the development team in terms of their projects even though they do not guarantee them in the future. The rest are still many other factors.
sr. member
Activity: 1400
Merit: 259
December 09, 2019, 02:09:02 AM
#67

Can anyone suggest to me how to choose the scam icos ?


Something is wrong with the questions? Are you implying that we tell you all the scam ICO's so you could avoid them?
It will be hard work.
What you really need is to be careful from now on since you already experienced it.
What did you miss which made you invest in a scam project? There must be something off with them.
This kind of tricks have some bad sides and you must see them before you even invest with them.
member
Activity: 490
Merit: 19
December 09, 2019, 01:58:45 AM
#66
There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

Projects that have no clear vision need to be avoid at all cost, they can easily exit scam anytime, good projects that are here to stay are always 100% opened to the public, they always have good roadmaps and they follow the roadmap diligently
sr. member
Activity: 798
Merit: 250
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December 09, 2019, 01:53:35 AM
#65
There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

I think for now there is no way that can be done to detect scammers, scammers always have a good way to attract investors to invest in the project, maybe all we can do is to minimize the risk of getting a scam project by comparing scam projects that we have had with projects that we will participate in, but this does not mean we can avoid scam projects. If you don't want to get a scam project, it's better to invest in the top coins.
hero member
Activity: 1498
Merit: 785
December 09, 2019, 01:25:28 AM
#64
ICO which is managed by a scammer and has been planned from the beginning will be very difficult to detect as an ICO scam.

They will only cheat and carry off investors' money for their own interests.

but as great as any ICO scammer will definitely get caught, because in this forum many are doing analysis to find out ICO scammers and stop it.

ICO is not popular and has been replaced with IEO, but IEO also seems to be a new den for smart scammers.
ICO sometimes use fake identity so it will harder for investors to caugh any one of them.
While IEO the new trend is making a noise but scammer also have a way to enter with the trend by using not so popular exchange to make thier IEO. Since many exchange want to also earn from IEO they make it without reviewing all the important things  about the project. Then failed to maintain the price after its listed.
An unpopular exchange does not implement IEO quality, if the project has money it can be registered easily. This is what makes the scammer easily enter the exchange. Many unpopular exchanges become a hotbed of IEO scam projects. But don't expect to get into binance even though you have a lot of money, but the project has no benefits and the goal is not clear, because binance is very selective.
member
Activity: 812
Merit: 11
December 09, 2019, 01:11:57 AM
#63
There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


Of course a new project will promise adoption or use cases but I think only a few will last in the long run. To find out about a scam project, I think it needs to be careful in doing research because the scam project now also pays attention to details
full member
Activity: 527
Merit: 113
December 08, 2019, 09:29:10 PM
#62
To avoid such things, just don't invest or even look at ICO projects. They all are shit. I feel wonder why people are coming with ICO projects without any products or even a good idea when everyone knows about their scam behavior. To be in a safe zone and to not lose money, don't invest in ICOs, invest in coins or in IEO.

Dont pull down ICO cause its not trending now. Yes lots of ICOs have been in bad image before and IEO replace it as a new way of crowdfunding for their project but ICO has been adopt by IEO without the inception of ICO, those IEO people cannot be build. How about eth and neo which came both from ICO are they not worth investing?
legendary
Activity: 3038
Merit: 1024
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December 08, 2019, 05:52:17 PM
#61
To avoid such things, just don't invest or even look at ICO projects. They all are shit. I feel wonder why people are coming with ICO projects without any products or even a good idea when everyone knows about their scam behavior. To be in a safe zone and to not lose money, don't invest in ICOs, invest in coins or in IEO.
that strategy is not working again right now and investors become even smarter to judge which is a scam ico. The product becomes one of the important indicator to determine is it worth to invest.
There was also a lot of the scam IEO.
You can see how so many crap IEOs these days. What we should do to not pegged with a platform but as a investors and we must become more smarter than before.
When you invest in IEO and that's also not bringing you to the safezone too. You can lose your money easily.
Look at some IEOs which were going to the zero value.
It's still possible these days.
hero member
Activity: 2212
Merit: 805
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December 08, 2019, 05:46:49 PM
#60
To avoid such things, just don't invest or even look at ICO projects. They all are shit. I feel wonder why people are coming with ICO projects without any products or even a good idea when everyone knows about their scam behavior. To be in a safe zone and to not lose money, don't invest in ICOs, invest in coins or in IEO.

ICOs solved the problem of funding for startups. But it quickly got abused  as anybody with an idea, a website and a telegram group can quickly raise millions of dollars based on empty promises. But it all came to an abrupt end in 2017–2018.  After that, we saw dozens of exit scam ICOs here and there abd today, over 90% of those ICOs are goners/no longer exist. In 2019, ICOs have moved to IEOs so the possibility of investing in a project without a product or a viable one is slim.


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