Topic: There are too many ICO, why? - page 17. (Read 3172 times)
Crypto has a usability value which in my opinion is very good to be used in a company or industry. The existence of crypto can help them to market their products internationally, where their products will be known by the public in a fairly fast time. In addition, the ICO will also be easier to get funds, because they can get the funds from world investors who are willing to join the ICO.
because of the increasing number of people who are interested in investing in ICO, so many companies are utilizing it then they launch ico. so it's because of the increasing number of ico requests in the market.
The crypto market is a market where you can still make ICO freely. Teams that want to present the project to the investor, it can easily do it. For this reason, the number of ICOs is high, but not all of them are successful.
without the whole scam ico, there would definitely be 80% - 90% less ico. as there are so many ico at the moment, the fact is that they are the most fraudulent.
It cannot hide that apart from the popularity of cryptocurrency it follows a lot of project that are being undergo in cryptocurrency token up coins. This is because product that has promoted world wide are huge return if the investment is concern.
because people have started to believe that cryptocurrency is the best for the future, so there are many companies that make their projects using ICOs.
So many ICOs die on arrival because some of them are fraudulent and designed to fail and not really ready to make it work.
There are lots of ico because so many people are in a hurry to hit him big from this crypto world.
There are lots of ico because so many people are in a hurry to hit him big from this crypto world.
That because to created and to publish ICO is not need to have live product first, so many developer will easy to publish their ICO. I think to minimize fraud in ICO market should be any regulation for ICO so all project should be have working product first and then they can publish their ICO in media. Many ICO failed because they does not have any live product.
I think that's because cryptocurrency is increasingly popular. So many people are trying to open a job there, one of them is making a project about cryptocurrency. And to develop it, funding is needed from the ICO.
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.
Because new projects are being released every week. Every project has its own platform or product. Some are succeeding and some are not. The concept of a particular ICO may be repeated and improved. And I think that's the logic on why there are many ICOs in the market. This results to confusion for investors on which one to invest making them more systematic on choosing the best one. 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.
This is also the problem why crypto currency's incounter price fluctuations. Because their are too many ICO are found not legits. They are scammed ICO and because of this some investor's are afraid to invest again .because some of them are losing their money because they are victimized by the scammed ICO.
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.
I agree on some of your points but the growing concern is not the number of ICO but the growing number of failed and fraud in the Ico industry, investors are now having a hard time where and when to invest that even good and legit ICO are having a hard time reaching the softcap.
in my opinion, the more ISO, the better. A healthy competition is created in which truly worthwhile and people-needed projects will survive. At the same time, the number of frankly fraudulent projects will be reduced.
with so many ico that appears due to the enthusiasm of investors that also big. no wonder if ico is developing with each other's prominence. we should be able to choose the legit ico to follow. it's not easy to choose because we need to understand it well. the results that we will get it depends on the ico that we choose.
but why is there anyway, the market is not controlled, there is an option to quickly raise funds for your project, but it is a pity that there are many scammers in our world who spoil the opinion about this transparent 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.
This is a good thread you raised, people are becoming ICO crazy these days, most project to me doesn't really require any ICO, but i wouldn't want to mention names inorder not to degrade any project, but the truth is that the much of it is causing it not to have much value like before
Because a whole lot of people around the world are looking for ways to to gather bitcoin, ethereum and other crypto currencies
Because a lot of people are looking for ways to gather ethereum and bitcoin from people from every part of the world
There are a whole lot of numbers of ico because so many people are in the rush to hit it big from this crypto world. So many ICOs are dead on arrival because some are scam and were designed to fail and not really ready to make it succeed
of course, every company wants to get results with what they are doing. many of the ICO because too many companies that run and see the potential crypto as one great place. so the only reasonable if much ICO popping up and competition will certainly more and more.
Another thought is that ICO projects are similar to startups. Both the difference is that the traditional startup projects, they will have to have products for the project, there are business indicators, there are partners. But ICO projects usually do not have the things I just said, they only have the whitepaper and the project team. So easy to call the investment with ICO
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