So Who Agree with me On this picture about ICO projects?

aces777

sr. member

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Quote from: chokomenia on July 20, 2018, 11:47:47 PM

Most ICO projects will present a beautiful white paper of their project, but when they release their project, it will be far from what is been stated on the white paper.

So Who Agree with me On this picture about ICO projects?

I do agree with you. ICOs will promise heaven and earth, talk about their earth shattering technology and all of the great things that they are going to do with the project. Then they put half assed efforts into the production process of the coin, that when the coin is finally at the point of release it turns out it is nothing but a scam coin, which is just a disappointment.

Retro6

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Quote from: chokomenia on July 20, 2018, 11:47:47 PM

Most ICO projects will present a beautiful white paper of their project, but when they release their project, it will be far from what is been stated on the white paper.

So Who Agree with me On this picture about ICO projects?

Laughed quite a bit at this photo and yes it is true in a lot of cases. Although perhaps slightly generous to the final product haha.
This is why it's important to understand who is in charge of the project, their experience and knowledge and past projects. Happy investing!

Sebas.tian

full member

Activity: 2100

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The picture describe most of the ICO these days but it does not necessarily represent the totality of ICOs. The blame on why this happens can be directed both ways; the investors who have no faith in the project or the team responsible for building the product is negligent. A proper balance of these two can erase the bad portrayal of crowd fundings.

verita1

member

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It is true that certain ICOs look like the image and that is the reason why the projects fall and their Tokens do not reach an exchange. As it is also true that there are other ICOs that are working hard to take their project to safe harbor in a figurative sense.

The success of an ICO lies in executing the project 100% and sustaining it in the market. After, I have experienced some ICOs Scam and Bounty Scam, I have taken the task of studying very well some ICO that interests me.

gnarledoak

newbie

Activity: 15

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hahaha nice meme, I agree with you a little bit, but we shouldn't put all the ICOs in the same bag, there are very good projects that are already fulfilling what they promised in the whitepaper/roadmap, of course with bumps in the road but they do their best to solve them, that's why they are gaining momentum and traction.

jvper

hero member

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Most projects are yet to be seen released. Very well designed projects tend to take longer to be released, so we are only seeing bad projects releasing (or just exit scamming) among a small number of good projects that were able to release so quickly.

aeternus

sr. member

Activity: 686

Merit: 250

You are mostly correct OP except with the fact that even a bad drawing of a picture will be better than what most icos actually deliver, many icos never reach the production stage and the few that do, do not deliver a working product at all, but I get the analogy, this is why I think that in the future there is going to be a huge crash in the market of altcoins where most of them will disappear.

RedzoneASE

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TRONscratch.com

Quote from: chokomenia on July 20, 2018, 11:47:47 PM

Most ICO projects will present a beautiful white paper of their project, but when they release their project, it will be far from what is been stated on the white paper.

So Who Agree with me On this picture about ICO projects?

Yes, I agree with this in some ICO. They have been establishing a good plans starting with the white paper but in the end of ICO the project will become unclear and the product has not reflect on what we have seen in the whitepaper.

chocolaty

member

Activity: 294

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Agree. Some ICOs are too good to be true. Some of the things written on their whitepaper are just exaggerations and then afterwards, people are just left disappointed. Actually, most ICOs right now are like this which is why it is very difficult to choose an ICO to participate in because most are just trash.

KrishaBitcoin

member

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W12 – Blockchain protocol

Indeed, this is the most commonly happening now to most of the ICO but this is due to crypto market is unhealthy right now in which most of the people are afraid to join the crypto currency investments for now but if the market will become healthy again then maybe the picture will be completely beautiful again too.

scoobidoobydu

member

Activity: 141

Merit: 10

I like your picture. I agree.
ICO is like selling the dream for money. The buyers bought the dream and the seller came home with cold hard cash.
In fact, in this wild cryptos world, having a real product after ICO is already good. Many ICO just vanish without any product.

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: chokomenia on July 20, 2018, 11:47:47 PM

Most ICO projects will present a beautiful white paper of their project, but when they release their project, it will be far from what is been stated on the white paper.

So Who Agree with me On this picture about ICO projects?

I feel so damn good about that because i never meet any project that was devloping the product being so far from the whitepaper. that depends on how good the project. zilliqa, ontology, santiment have been released their product based on their whitepaper but there is a lot of projects were changed it at the middle of development too.

richie28

newbie

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ahahahahahahahahah, this is exactly what happen with ICOs. shitty ICOs.

Shenzou

sr. member

Activity: 1400

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Ever since ICO projects became successful and popular, a lot of ICos started flooding the market l, maybe one of tow of them did what they really were created to do, but for the most part the rest of them are all shity and don't go far in the market, their prices don't get the the expected points of the developers so they don't put a lot of work into them.

coinages

newbie

Activity: 249

Merit: 0

I am not totally agree with you. Its not happen with all projects. From my point of view ICO have some very nice project and it similar till to the end. Some project have some matters but it not a thing to concern.

JNR

full member

Activity: 585

Merit: 100

@JNRcryptobox

for few ICO's your pic can be true,,
but not all ICO's like your image, because to develop a project its need a good skill and knowledge,
also need an enough time to realize the whitepaper mate

ivankoh

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Sugars.zone | DatingFi - Earn for Posting

Quote from: cryptojohnn7 on July 25, 2018, 07:32:33 AM

This was really funny and you have portrayed true condition of ICO projects through the picture very well. I agree with that there is seen a far difference between the white paper and actual product. Equal effort should be given to each of the White Paper,production and actual product release.

It's a pretty humorous angle, but the reality of ICO projects today is that when white paper has a lot of ideas and potential but the reality is quite the opposite. Probably the call for investment by ICO projects is quite easy, so the quality of ICO projects during this time is very low.

liripoop

newbie

Activity: 232

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I think it can be happen but you should take decission by use your merit and skill. some of project are perform better service like there white paper but some of totally oposite. yous should carefully invest your money. you will get profit.

Captain Crypto Pants

jr. member

Activity: 123

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I think that you nailed it. I'm pretty much done "investing" in ICOs. I've lost money on every single one, and if you take into account how much ETH has gone up since I flushed it on crappy ICOs it is even worse. I'm out of that game. Sticking to the basics BTCBTCBTC, no more shittokens.

Sallymunchy

newbie

Activity: 27

Merit: 0

What i Can say it.

totally agree. Grin

Topic: So Who Agree with me On this picture about ICO projects? (Read 414 times)