Topic: The main factors pushing the ICO market down (Read 396 times)
The increasing number of projects that are not as expected and also a scam. of course if this keeps happening it will make more losses. and in my opinion this must be avoided. both of these factors make the quality of ico decrease
I see the main reason is that projects don't complete their obligations. Look, there aren't working product for mass adoption in crypto space and where are those money invested in ICO?
I think out of this all the reason, lack of a solid project is the main reason of collapsing the ICO. There's no good project anymore, every project is a copy paste shit, nothing new on the board.
The main obvious reason is the scams and other fraudulent activities that victimized many investors thats why ICO market was suffering in the all time low! The second reason was the bear market most of the investors are hesitant to invest due to the market condition.
It looks like this: friends gathered in the evening in the company, sat, rested and suddenly came up with the idea - and let's start the project. Let no ideas, no ways there is no implementation. After that, there is another ICO, in which the team does not understand who. And the idea itself seems to be interesting, but the ways of implementation are not clear at all. As a result, the team collects money from investors, and the project itself remains only an idea. which could not be implemented.
Seems you are using some sophisticated terms to explain why the ICO market is down, simply it was becoming too saturated with so many of them failed to meet investors expectations either through being an outright scam or failure to list on exchanges and when eventually listed was met with huge dump, more than 90% of ICO's had these problems and thereby making investors to lose fund. No one would want to invest in something that has high failure than success rate.
I think there are couple of stuff, one is definitely people thinking they won't earn as much as they used to from ICO (or it could be STO/IEO doesn't matter) and since they think they won't be making too much profit and even maybe lose money they decide not to invest neither, wouldn't make sense to just support a new coin with your money without making anything in return.
The second and the biggest I believe is that the regular coins that already exist were low already, so people decided to buy them and wait instead of investing into unknown coins, why would you risk your money into a coin you have never heard before when bitcoin went from 20k to 3k, just buy bitcoin and wait.
The idea is usually similar to when interest rates goes up in real life, business tend to keep their money in bank interest for guaranteed profit instead of becoming bigger companies by hiring more people and opening more stores.
The second and the biggest I believe is that the regular coins that already exist were low already, so people decided to buy them and wait instead of investing into unknown coins, why would you risk your money into a coin you have never heard before when bitcoin went from 20k to 3k, just buy bitcoin and wait.
The idea is usually similar to when interest rates goes up in real life, business tend to keep their money in bank interest for guaranteed profit instead of becoming bigger companies by hiring more people and opening more stores.
1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
the ICO market went down due to the lack of trust from the investors, lack of experience from the team's, no transparency and too many scams increasingly alarming. That is when we have to know that it was crystal clear that a regulation is needed2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
Perhaps this is the reason why IEOs is more popular than ICOs. IEOs more trusted by investor because all managed by exchangers and the team focus only on the project. I am agree that regulation needed for cryptocurrency market because its give investor confident
This may not apply to all project teams and managements. Some project managements and teams are so much at work to make their projects a big one even after they collect funds and their tokens hit exchanges. But some projects are so much lazy. The project success is entirely in the hands of the management and team. So they must be active and hard working to make their projects a success.
It looks like this: friends gathered in the evening in the company, sat, rested and suddenly came up with the idea - and let's start the project. Let no ideas, no ways there is no implementation. After that, there is another ICO, in which the team does not understand who. And the idea itself seems to be interesting, but the ways of implementation are not clear at all. As a result, the team collects money from investors, and the project itself remains only an idea. which could not be implemented.
1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
the ICO market went down due to the lack of trust from the investors, lack of experience from the team's, no transparency and too many scams increasingly alarming. That is when we have to know that it was crystal clear that a regulation is needed 2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
All these and other factors are the result of one thing. In short: the pursuit of fast money.
ICO has become inflation after the success of 2017, there are very few good ICOs with serious working teams while fraudulent, shit, and low-quality ICOs flood the market. Most of ICO is simply created to take money from investors, at the moment there is no one interested in ICO.
It's the expectation of the investors that makes the price goes down. Once a project makes a move that dissatisfies some of the members, FUD will start to come out in the community and will ruin the overall health of the project in the long run. And we can't also ignore the fact the most investors are in for a quick profit.
1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
People invest in ico because they think they will buy cheap coin and the ico team will work on the project team to make the coin valuable.
But when an ICO is made to only collect money from the people and forget about the project afterwards people will lose interest in the ico. Unfortunately this is being done by more than 90% of the ico and that's the biggest reason of ico market being down.
people are tired of losing money and time in these ICOs
only thing i do saw on whats ICO is lacking.Pushing the market down? Due to various lots of scam projects out there and
same as said above,people are already tired on this one.
the answer can be summarized as follows:
FAKE TEAM
Tourco online - SCAM - FAKE TEAM - Stealing people's identity
Piedpipercoin = SCAM - fake team / impersonating real www.piedpiper.com
Plagiarized whitepaper
FLEXSTAY [FXS] - plagiarized whitepaper!
Blue Hill Mining - Plagiarized Whitepaper
people are tired of losing money and time in these ICOs
FAKE TEAM
Tourco online - SCAM - FAKE TEAM - Stealing people's identity
Piedpipercoin = SCAM - fake team / impersonating real www.piedpiper.com
Plagiarized whitepaper
FLEXSTAY [FXS] - plagiarized whitepaper!
Blue Hill Mining - Plagiarized Whitepaper
people are tired of losing money and time in these ICOs
ICO has bad faith in 2018. Now ICO has a rival, IEO. IEO is more popular even though this is only a difference in fundraising methods.
both have similarities to making tokens, hyip then dumps.
I'm not sure the ICO will last for the next few years.
both have similarities to making tokens, hyip then dumps.
I'm not sure the ICO will last for the next few years.
1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
Or money they received, then they can do exit scams.
And that is the sad stage of many ICO projects right now, too many scammers, projects are just hype with no real life usage, no fundamentals, and just pure pump-and-dump schemes.
And even though we have high lighted the flaw of their business model, still they hasn't change a bit and since now we have IEO's, pretty sure they will die slowly.
First there are lots of scam projects rolling out everyday and that alone is discouraging a lot of people from investing in ICO because whenever ICO is mentioned, they all feel like this is another scam project as well. So that alone is causing bad names for icos and is making the market drop badly. Then another thing is all these pump and dumpsters. Omg these ones are very annoying trust me, sometimes you see a project and you believe this is a good project, then you invest in it only for it to end up being pumped and dumped and you will just lose your money like that.
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