Topic: There are too many ICO, why? - page 22. (Read 3178 times)
Well, what I can say to this is hat there are many companies that have ideas and products, they all want to sell and make profit as soon as they can that is why they come into crypto.Since there is no regulation or bodies to monitor icos coming into the market and be sure they are legit, they all come in and investors who want to increase their profit, invest in the project. I believe the rate at which icos come in will be reduced if there is a regulation or bodies to help endure of the potentials before it is approved to come into crypto because the companies will take time to be sure of the potentials before they decide to launch the project.
Although there are many ico's in the market. but the value of those ico who had been running smoothly with great success.l think lot of numbers ico's get chance to fail. but some of them have successfully results.
One of the significant reasons is to fund-raise, here and there for their own great which is "to trick financial specialists" and to join the persistent upward pattern of digital currency. ICO is crowdfunding component, utilizing their own plan to help for the change of the blockchain innovation to draw in numerous business visionaries exhibiting their plans to the majority and having them support ventures they put stock in.
The reason why there are too many ICO is because there are too many greedy people in the community. Majority of those ICO team are scammers and want to steal people's money. Only few of them have a real development.
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.
Owners of ICO projects earn well on this, so there is so much ICO. I'm more concerned with the question: why are there so many fraudulent ICO?
One of the major reasons for the explosion in ICOs is that it is an easier way for companies to raise money. Traditionally startups would have to rely on a bank loan, or venture capitalists to raise money for their product. With ICOs there aren’t as many hoops to jump through so it becomes easier for startups to raise much needed capital.
It's really becoming a thing to bother about. it is almost as if there is a new ICO everyday. This is why we have to be thorough when deciding on one to invest in.
I believe we will see much more in the future. Many will fail maybe but the survivers' impact can be big.
In theory, ICO is very good, and cryptocurrencies require ICO to release funds well. But there are a lot of ICOs that are scams, which can cause cryptocurrencies to lose investors.
Yes, there are too many ICOs. I think this is a tremendous increase in electronic money with ico personnel. I also find it hard to choose a good ICO to follow. Of course, with more choices, we have to be more selective. and do not carelessly participate in the ICO project. First of all, make sure that the ICO project is a viable and promising project
It is a new type of gaining money by launching a new coin and attracting as much as investors to join in innitial project.
I think this is a tremendous increase in cryptocurrency with ico multiplying. I also find it difficult to choose a good ICO to follow. Of course, with more choices, we also have to be more selective. and don't carelessly join the ICO project. must first ensure that the ICO project is truly a way and has the potential for success.
Most ICOs present in their crypto believe that crypto can bring the project to success in raising funds. all proven correctly, crypto has the right way to convince investors to invest in crypto, supported by members who are loyal to crypto, making crypto strong. but there are also ICOs who are scam, so we must be careful when choosing an ICO. investors are also good at choosing ICOs, they do research on the project.
It simple approach to help and execute business thought, a few or tricks just and the best approach to get pain free income. While contributing we ought to be cautious with tricks and energize great ventures. I would propose Ambit Mining - it is live now, and as I would like to think it has awesome point of view, and not trick certainly.
Everyone tries to grab a piece of cake.Unfortunately, most projects are not created for the sake of ideas,but in order to benefit.
icos keeps increasing the main reason is technology keep advancing so we will see more ico coming in coming days
Because everyone wants to get money. Investors are not protected in any way, many of the projects will simply disappear, having received money.
In some ico there are so many scammers too not only to running a project but to make money with making fraud. Probably ico was so interested to investors that want to get a massive profit but it is more risky when the ico was failed.
Everyone wants to make money, while doing nothing. I believe that at the moment the ICO can be made for a month, and to make a profit from it for about six months. No one wants to miss such life chances
Do not go for it, now all the ICO is crooks who will simply take away your investments and disappear leaving you with nothing, so be very careful when choosing projects.
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