Topic: There are too many ICO, why? - page 13. (Read 3125 times)
Yes, many are trying to get a piece of the pie; true! But, there still many ICOs are solid with good product. I always check how useful an ICO project is for the daily life. When you have to be careful, there still be hope for successful icos too. Take for example the ARROUND ico, this can be a successful one as it aims to change how a person shop using the augmented reality and blockchain..
Because when people are investing in every ICO without any investigation it is becoming pretty easy to scam them. People are using the market conditions to fool the investors. Just be honest with our community.
Ico suppose to be a unique project that can offer unique services or products but most of them right now are just copy from the past,theres no originality conceptualize because majority of them are created to scam investors,and also the bounty hunters.thats why I don’t agree on what you have said about the ico legitimacy.they are shit and only few are legit and reliable
I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
Unfortunately, now it is really difficult to find useful and promising ICOs with good potential for further development. Only a few ICOs from among the new projects can be considered successful and promising. But I continue to believe that some new ICOs are not only seeking to get money, but also to create useful technologies for society.
ICO is a great opportunity to raise funds and the chance for people will an amazing idea to collect funds for their project. But you are right, due to that fact, there are too much ICOs and a lot of them are not legit, so be very careful before investing in something.
Just a lot of people today are fully confident that they will be able to prepare a useful and successful startup, creating new technologies and attracting the necessary investments for development. But, unfortunately, few projects in the modern crypto market can achieve this result.
In my opinion, this is what makes investors confused, too many ICOs certainly make everyone free to make coins, I hope that a strict regulation is immediately made to make people not use ICOs for scams.
I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
Scammers also need to eat
. Yes, just everyone is trying to create something special and warm. Everyone wants money. New technologies give this opportunity. Everyone is trying to make money on this new market.
The cryptocurrency market, for several years already, is somewhat similar to the wild West. Due to the high profitability in this area, hundreds of ICOs appear. Their purpose is exclusively enrichment. Right now, it is extremely difficult to find a decent ICO.
First the funds of the investors are not evenly distributed to the ICOs because they also have the choice to whether the ICO is worth investing or not.
Why are there too many ICO? Because companies sees crypto currency market a large market where many would invest. That is the reason why even a company is not supposed to create an ICO they are pushing it because there is market.
Why are there too many ICO? Because companies sees crypto currency market a large market where many would invest. That is the reason why even a company is not supposed to create an ICO they are pushing it because there is market.
I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
Fortunately, most serious investors pump their money only in worthy projects! So the money isn't allocated so much! Most projects just don't raise their Soft Cap or collect several tens of thousands of dollars (at most hundreds of thousands). This is nothing for the whole market!
ICO is a lot of because it is favorable to all who creates them. And it is possible if carries, then it will be favorable also to you if you buy a coin at ICO stage.
There is still a lot of hype around the ICO. People still want to make money quickly, I have only such an explanation on the question why people still invest in ICO.
Because after 2017, many crave to earn money just as easily from a successful project (or not a poorly made scam). Approach the choice as coolly as possible
Too much ICO. Because people want to gift wonderful creative projects to humanity. Young people are very excited. They are waiting for investors to invest in new ideas. In addition, blockchain technology has created a new trend for the world economy.
Understand, many areas are not occupied or there are no strong players, which is why such projects as cointroops begin to occupy hot spots, which in the future can become quite profitable.
Do you think it`s that much? Check out some sturtup sites and you`ll see that there are a lot of enthusiasts.
Cryptocurrency is still a young field of activity. And all in a hurry to take a Golden place in this area, as there is a huge turnover of money. Therefore, here come all and Sundry
Do you think there designs are created by some principle? Is the market analyzed, or is a special team selected for each project? No. They just stamp them and that's all.
There are many reasons that led to the creation of so many projects. Let's start with the fact that people want to make, and we understand that the ICO is quite an easy way.
Jump to: