There are too many ICO, why? - page 20.

mirakal

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Quote from: Stussyessential on August 19, 2018, 05:07:05 AM

The problem is too many coins, too many ICOs, not enough investors.

I don't think so, there are a lot of investors, actually this year all ICO combine it has already raise a lot of money.
We are talking about millions here, in early stage of the project, they can use that money to develop and still people believe they can make huge profit if the project will be successful.

Stussyessential

newbie

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The problem is too many coins, too many ICOs, not enough investors.

ityandsyn

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Quote from: jademaxsuy on May 01, 2018, 09:45:10 PM

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.

Yes there's a lot of ICO promoting their project as we can see in the forum but in my observation from the past, only few ICO become successful and the other was consider as scam, if a higher percentage will be successful then this is a sign of a good future for cryptocurrency.

tranquochung

newbie

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Dear friend,
Nowadays, there are many ICOs. We do not know the effective of those ICOs, but the quantity is a lot. Everybody say 90% ICOs are failed. That maybe right. Because they have wrong decisions on this crypto field. Sorry about that! Good luck!

geosaral

newbie

Activity: 322

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I think now we are only at first stages of ICO bum. I don't know how all this will develop but i haven't doubt that tomorrow will be even more ICO than today. Maybe in some another form. But easy funding for thousands around the world is very perspective and will only rise in scale.

senin

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Quote from: jademaxsuy on May 01, 2018, 09:45:10 PM

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.

We can not influence the number of ICOs. Everyone has the right to use the opportunity to create their own project and release their own token.
As for investors, everyone invests in that ICO project that he likes. This is the law of the market. Here, too, nothing can be changed. If ICO projects are good, then investors will be under them.

Bonanzabits

member

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Today, all are eager to launch their projects, because it is already crowned, with the advent of regulators, the launch will cost the organizers much more. Everyone wants to occupy their niche in the market.

antogen123

newbie

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in my opinion, this situation is the same as in everyday life. it's like business, 80% fail. and only 20 -10, and maybe even less. crowned with success. the same situation with projects.

Grim149x

full member

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I think most of these ICOs are exit scams but there are also a lot of valuable projects trying to build the future and helping in adopting this great technology.

Nathan_Resin

jr. member

Activity: 52

Merit: 10

I believe that this is because too much fraud appeared in the ICO. This easy prey earn a lot of money and fool the people. Because there are so many of them. I do not find another reason.

airinnesmith26

newbie

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People want to make money from the projects they try to make. Since bitcoin became popular and people saw they can make money from cryptos, the made projects and help ICO to make the project popular and successful

Restmand

sr. member

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Quote from: MGBloomz on August 19, 2018, 03:40:54 AM

Quote from: jademaxsuy on May 01, 2018, 09:45:10 PM

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 ICO is the fastest way to get funds from the crowd and those developers are taking advantage with the popularity of cryptocurrency as they can get money easily by showing their whitepaper, website and the team behind...in return they will give to their investors a token that has no value at that time. This is a risky to the part of the investors as many of this project that we have are fake and just want to get money from the investors. Better to do a diligent research before investing.

we know that the ICO is the fastest way to get capital or income in the crowd. the developers are taking it as advantage because they know that the cryptocurrency is popular. they get money easily by spread their website and team and whitepaper. but we know that not all ICO are good. we know that many of ICO's are scam too. when you do their project in the end maybe you can't get you're salary and sometimes it is just delayed so be careful about choosing good ICO

MGBloomz

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Quote from: jademaxsuy on May 01, 2018, 09:45:10 PM

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 ICO is the fastest way to get funds from the crowd and those developers are taking advantage with the popularity of cryptocurrency as they can get money easily by showing their whitepaper, website and the team behind...in return they will give to their investors a token that has no value at that time. This is a risky to the part of the investors as many of this project that we have are fake and just want to get money from the investors. Better to do a diligent research before investing.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: Tumteam on August 19, 2018, 03:01:20 AM

The reasons why the are such a significant number of ICO and the real explanations behind the expanding numbers in ICOs is that it is a simpler path for organizations to fund-raise. Generally new companies would need to depend on a bank credit, or financial speculators to fund-raise for their item. With ICOs there aren't the same number of squares to bounce through so it winds up less demanding for new companies to raise truly necessary capital.

Yes these ICO's are new start ups which some of which will fail and some of these will be the next big thing ( i mean a big organization) in future. ICO's are the easiest way of raising funds and it's the easiest way to avoid declaring asset or the total revenue to the government as there are too many rules and process to get funding in general but through ICO's you have to convince the users to invest by assuring a good return on investment by displaying the priduyct you have for future.

mimienamphine

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I agree with you because it has even become an issue sometimes when they have ticker clashes at exchange. The thing is that block chain has given a different dimension on how to raise money to fund a project or a company .This enables the project to attract global investors thereby making every company want to take the chance .

Bitcoinjheta

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This is not a big problem why there are a lot of ICO's being develop in a blockchain. This is because there companies who wants to participate in new forms of technology as it being known to its popularity with regards to product, advertising in a world wide technology with the use of cryptocurrency is mainly a big opportunity to rise more product in a market or industries.

Urtaev

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There are two reasons why teams conduct ICO. The first is the promotion of its unique technology, and the second is easy money. That's why there are so many of them.

Tumteam

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The reasons why the are such a significant number of ICO and the real explanations behind the expanding numbers in ICOs is that it is a simpler path for organizations to fund-raise. Generally new companies would need to depend on a bank credit, or financial speculators to fund-raise for their item. With ICOs there aren't the same number of squares to bounce through so it winds up less demanding for new companies to raise truly necessary capital.

iljamlnk

jr. member

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Because many people realized that ICO is the best way to find investors for your project, but do not forget that there are scammers.

kissme09

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Quote from: jademaxsuy on May 01, 2018, 09:45:10 PM

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.

You made a false statement about it. The distribution of investments in many different projects will help minimize the risk of investing "not putting all the eggs in one place" that is investment advice. You should review the investment advice as it is useful to you.

Topic: There are too many ICO, why? - page 20. (Read 3125 times)