Topic: There are too many ICO, why? - page 29. (Read 3178 times)
Crypto is still in nascent stage and there are bound to be many experimental projects that get weeded out as per their weakness or strength. This is a natural part of adopting something new, and the good ones will also transform over time, holding barely the idea of its originality.
Can you imagine how many companies in the world there is in each country, based on the local stock market?! Well this is going to be the same way. Competition occurs each day and there is expected to be even more ICO, the best ones will win and stay on the market, that's unfortunately for us (bounty hunters), will only 20% of the ICO will succeed. And we will do work for most of them and get nothing at the end
there are too many scam project and every year will increase exponentially. i am tired to search new project and I doubt any project anymore.
Yes there are a lot of ICOs, aim of investor should be to avoid scams and support good projects. Because very often they make not good choice and good projects have no chance for further development.
If you say there are to many ICO, what would you have said in 2017. There was serious bull market last year and the ICO multiply greatly as a result. I think there are fewer ICO now, no thanks to bear market. We need more ICO.
I also see that ICO in this year becomes less when compared to last year. but what I fell is that the market volume is now much larger than before, and that makes the whole market a lot of buyers 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.
ICOs are turning to be a really great business, therefore so many projects. It's only natural. When the regulation will be more strict, less companies will be able to run the ICOs
from the dawn of altcoins everyone wanted to make a lot of money from them so they have been doing everything they could to make that large amount of money. their methods have been changing but the main purpose is always the same. from about a year ago the ICO fever started and people saw they could make a lot of money fast and easy by just creating a new shitty ICO. ever since that day they have been doing just that. it is simple and it doesn't need a full on project and blockchain and doesn't require that much coding. it is just copy paste for the most part.
A lot of new companys need to come here on ICO and create there are project for investors money , some of them really very brilliant and we need to invest there.
Dude, I did not understand a single thing of what you posted here. Do you even read before hitting the post button?
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The point is, if there are a lot of projects, there is less chances that each particular project (no matter good or bad actually) will be noticed by its potental investor. To my mind, it is just great as in the currents situation each single project can show its competitiveness. That is how the whole econony works, and crypto is not an exeption.
From my own point of view I belief that there is a need for a regulating body to regulate the numbers of new ICOs if possible having a fixed numbers of new ICOs coming on board to achieve a successful project thus meeting up with both Soft Cap and Hard Cap within the shortest period of time as investors will have few options in choosing their ICO.
every day there are a lot of projects,due to the fact that people are trying to develop your coin,creating a different bounty and concourses by which people can become interested in the coin
There are too many ICO projects, because a lot of "developers" want to earn easy money by offering not the good products which may not necessarily be on the blockchain. Nowadays it is very difficult to find the really good and promising project.
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 get your point but I think you miss something. You were considering the number of ICO investors to be contant while the ICO projects grow each day. It's not the thing. They may not be that proportional but as ICO projects grow, the number of people entering the cryptoworld is also increasing each day who can be the potential ICO investors. So as long as the project is good and trustworthy, we don't have to worry 'cause it will surely raise enough funds.Yeah, you are right. And I also don't think that the number of projects appearing in the cryptosphere is growing faster than the number of potential investors. Some projects that had some experience before they even decided to plan their ICO (or maybe their CEO or other team members) attract their previous investors or partners that are non-crypto and never planned to invest in ICOs, but only in a project they like. I've heard about several examples of this. So the problem described by the OP is not a problem at all, I suppose.
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 if you look at it from this angle, you might be right but let me say that having so many ICOs does not mean that ICOs will fail. The issue with ICOs is that many people just start projects without due diligence and try to raise money to start projects that might not suvive. Just a few ICOs have done their research and will change the world.
I am amazed at this, every day I find 3-4 new ICOs. People find it increasingly difficult to find worthwhile projects from all this
If you say there are to many ICO, what would you have said in 2017. There was serious bull market last year and the ICO multiply greatly as a result. I think there are fewer ICO now, no thanks to bear market. We need more ICO.
nowadays there are a lot of projects,but it will not be able to destroy all the projects,because with their help even more people comgot to learn about crypto
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.
Dude, I did not understand a single thing of what you posted here. Do you even read before hitting the post button?
Do you plan to conduct an ICO and what to gather some information, or you are doing this survey just for the purpose of spamming the forum?
So, what I understand from your post: A promising ICO will fail if the tokens are evenly distributed because there are too many ICO`s.
That makes a loooot of sense.
the growth of the currency volume of the crypto currency stock market and the increase in the number of investors have increased the image of other people in this business. and at the moment new projects are being prepared and teams are being established. then ico periods begin.
a group or a company needs money so by running ICOs they can raise funds to construct and develop their project. many companies start to adopt cryptocurrency and to start a business or a project it needs money. this just show more people are recognizing cryptocurrency and start to enter but of course most of this ICOs are scam so we must be careful.
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