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Topic: So Who Agree with me On this picture about ICO projects? - page 2. (Read 414 times)

sr. member
Activity: 424
Merit: 250
Hahahaha, sometimes I think that’s what it is. But we must admit that there are teams that are really trying to create a good product.
newbie
Activity: 294
Merit: 0
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.
newbie
Activity: 110
Merit: 0
Have you, by any chance, been "inspired" by this post?  https://bitcointalksearch.org/topic/is-ico-whitepaper-matter-most-3735471

Not cool  Undecided
newbie
Activity: 31
Merit: 0
It might be good to have at least a MVP product before asking for any extra capital, I appreciate that this might be difficult given that you need money to do things but far too many ICOs promise so much and deliver so little. Just my opinion..
newbie
Activity: 84
Merit: 0
I disagree. In fact, I have seen more than once when the product is released and it works well. The fact is that there are very few projects on the market that have a finished product and therefore it is difficult to judge. Most ICOs that enter the market promise a final product in a few years, then it will be possible to conduct a discussion if they live to that time Smiley
member
Activity: 244
Merit: 20
I finally agree with this image.
My own experience says me that there is a few great ICO's. Most of them usually stop at the pre-sale state.
full member
Activity: 406
Merit: 102
That's in fact worse, real competition starts after product release, the more work should be done after product release otherwise it will be lost in the market.
sr. member
Activity: 952
Merit: 250
I feel that most of ICO are deceiving.  They promised of good service but the result is very far from reality. Sometimes they do not use properly the funds allocated for the project, they hire cheap services so they could save a huge money for their pockets.
sr. member
Activity: 700
Merit: 275
Most of the time reality of ICO projects and representation is always different like this. Its exact representation of what we see in daily life about the ICO's. Yes, they never end up having what they have promised in the white paper or even the roadmap. Most of them go fail in the phase of roadmaps too, they never catch up the timeline as explained in the roadmap and never have products or services according to the whitepaper. Rarely it happens that some projects might just come up with bright idea and until the end the picture is perfect one.  Roll Eyes
full member
Activity: 257
Merit: 100
It would be quite funny if it would not be true so than this picture becoming very sad, the only hope is that when this market will be more healthy and then ICO will be more serious.
newbie
Activity: 228
Merit: 0
That's why it is important to study the type of ICO, their infrastructure, developer team, community etc. which indicates just how strong or promising the ICO really is. If you observe the market and analyze for yourself you will find ICOs that stays true to their words, ICOs like Kakushin and SET are just two examples.
newbie
Activity: 36
Merit: 0
Yes I love this image, it is so true, People fomo in when they see these stats in their whitepaper, often the end result is utter garbage
newbie
Activity: 93
Merit: 0
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?

https://s15.postimg.cc/6wb8nzbnv/45b3aea2-2a58-4666-a521-ee06ed86dee4-original.jpg



LMAO it's so true though for a majority of project + it's just how building things work, in your mind you see the fully functioning end product but it will take a long time to get to it and things are always changing in this space and there is no regulation so most projects have to play along with what they have.
newbie
Activity: 56
Merit: 0
Well, even though the picture was hilarious, it is sadly true. What they say and what they deliver is of a huge difference. It is high time for the people to take actions and to keep their words and not give us things of poor quality.
member
Activity: 322
Merit: 12
Yes, I agree with the thread since there are ICO's that are just good during the start to convince many people to invest during the pre token sale and leaving the bounty hunters in mid air. I happen to join last time for an ICO that is really great during the start and updating in the stakes is always done within the week believing that it could reward the bounty hunters. Some ICO's are really here to scam not just the investors but same way with the bounty hunters.
newbie
Activity: 182
Merit: 0
I agree with you on this case. Actually not all coins but there are many coins that are doing this. Most of them are new projects in the market. Since it is a decentralized market, we cannot stop them but we need to be careful when investing in new coin.
newbie
Activity: 238
Merit: 0
You are right. I think the amount of fake projects in cryptoworld is increasing day by day. It is really hard to distinguish between legit and scam ICOs. Especially beginners suffers the most.
jr. member
Activity: 126
Merit: 1
From my recent analysis I have found that very few ICOs provides the accurate services as they state in their whitepapers. Other ICOs just want to lure investors for their start-up. Before participating any ICO it is mandatory to do proper research.
sr. member
Activity: 560
Merit: 251
It can not be denied that today many ICOs are failing because they do not match expectations, all are hoping to succeed, but that will never happen if a team does not work hard to pursue the success they want
legendary
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
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?





LOL. I have seen this picture somewhere. There is some truth to this but this does not necessarily reflect the nature of ICO's as a whole. There are still good ones out there.
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