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Topic: There are too many ICO, why? - page 30. (Read 3178 times)

newbie
Activity: 155
Merit: 0
May 02, 2018, 12:39:36 AM
#22

Cryptocurrency is a wide field that is still developing, an a lot of new ideas are coming up each day, ICOs are on the rise to help raise funds for these projects. ICOs are the only way to solicit funds from the public. Unfortunately, ICOs have been used to raise funds for none existent projects or ones that have turned out to scams. One has to b e extremely cautious about the ICOs they participate in For you never know when you will be scammed.
full member
Activity: 1708
Merit: 105
May 02, 2018, 12:31:10 AM
#21
Probably because many current projects are scam therefore many new ICO’s are emerging so that not everyone is confused to invest in ICO let alone A large number of ICO will increase the chances of ICO to fail and many people who invest in Crypto with long-term


there are many things like this that happen because it is very much a project that just want to profit for a moment just by not want to develop even many who do not pay and leave the project just like that, too many projects required very high hearts so do not be fooled by sweet promise from impromptu projects.
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
May 02, 2018, 12:21:46 AM
#20
There are too many ICOs in the market in 2018, and more than 80% of them are non-potential ICOs. So I hope in 2019, and then the number of ICOs will go down and need control over the ICO projects because recently there are many fraudulent MLM projects launched to steal the money of investors. If the number of ICOs is limited, the risk ratio will also be significantly reduced.
member
Activity: 160
Merit: 10
May 02, 2018, 12:20:09 AM
#19
I think a lot of ico come but most are scams. I still believe that they are a more untouched area of ​​a decentralized market. soon there will be more ico.
sr. member
Activity: 700
Merit: 251
May 02, 2018, 12:09:29 AM
#18
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.
newbie
Activity: 13
Merit: 0
May 01, 2018, 11:47:11 PM
#17
I think it is good signal Cheesy
sr. member
Activity: 630
Merit: 251
May 01, 2018, 11:46:15 PM
#16
phenomeno crypto is very rocketing and popular in recent years. many people or entrepreneurs want to try new things and want to solve the problems that are often encountered in everyday life. they compete to create a new one, try to be the best and hope to attract the attention of people or investors.

there are serious developers, really want to create problem solvers and want to be a useful product for everyone. but there are also developers who are purely only thinking about business and money alone.
full member
Activity: 560
Merit: 111
May 01, 2018, 11:39:16 PM
#15
Quote
There are too many ICO, why?
Pajeet make 100,000,000,000 coins. Pajeet sell 1 coin for $1 to hes brother Pansun Now we have $100,000,000,000 capitalisation. WOW!!!
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
May 01, 2018, 11:39:09 PM
#14
lot of ico's coming but most are scams. i still believe they are more untouched areas of decentralized market. soon there will be more ico's.
newbie
Activity: 75
Merit: 0
May 01, 2018, 11:35:27 PM
#13
There are too many people who saw the potential for gaining from ICOs in comparison to a more usual and traditional way of selling products or services. They found out that through ICOs that uses cryptocurrencies they could become a borderless store or any other forms of income generating businesses. Imagine if you have a bank in your locality that could become a world bank using cryptocurrencies.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
May 01, 2018, 11:31:15 PM
#12
Yes there are too many ICO's on the way.

Only those project will remain in market which will comes up with real usercase and prodcut.

That's why we have to be wise enough in choosing what project to invest.
Since there are a lot of scams, we have to be more careful, this is to ensure that our investment will not be lose
and we can only put our money on project that have a real future potential.
full member
Activity: 363
Merit: 100
May 01, 2018, 11:26:03 PM
#11
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 constant 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.
full member
Activity: 448
Merit: 137
May 01, 2018, 11:23:34 PM
#10
Yes there are too many ICO's on the way.

Only those project will remain in market which will comes up with real usercase and prodcut.
member
Activity: 728
Merit: 11
https://streamies.io/
May 01, 2018, 11:17:03 PM
#9
I think the founders are thinking that the Crypto market is a trend, calling for capital is quite easy and not many companies compete too much.
I think they know the potential of the Crypto market, this is a long-term market and there will be a lot of people investing in this market. So they want to create a company to have a large capital to operate.
sr. member
Activity: 1050
Merit: 254
May 01, 2018, 11:13:57 PM
#8
It's because the result is good? I mean, if the project owner has a damn good project and needs investor to invest his project, ICO is the easiest way to get investor. As you can see there are many projects that gain many investor by using ICO. Also there are many news about successful ICO, so other people want do that too.
full member
Activity: 308
Merit: 101
FXPay.io
May 01, 2018, 11:07:27 PM
#7
With so many new coins emerging, thousands of Blockchain based projects are also mushrooming, but according to their analysts there will be many coins or tokens that will die or not succeed with their ico. The reappraisal to the because community who chose ICO is the community. They just take the fame of a system to earn money.
sr. member
Activity: 841
Merit: 251
May 01, 2018, 10:45:59 PM
#6
Because of the popularity of crypto currency crypto new user has an incresse. Companies take this advantage to have a touch in crypto through making a platform. Almost everyday there is an new born ICO and you had point, it can cause failure od an ICO. In the otherside its good that crypto is becoming powerfull world wide. So if a company tries to have platform may the best project win. Plan carefully loom the advantage and disadvantage of their platform and decide some changes to be more stronger and unique
member
Activity: 224
Merit: 11
May 01, 2018, 10:42:18 PM
#5
Everybody is trying to get a piece of the pie and this should act as a warning to you don't follow any ICO carelessly.first investigate and then invest.
member
Activity: 335
Merit: 10
May 01, 2018, 10:41:11 PM
#4
indeed more and more ICO is there. But I think this is a tremendous improvement in the field of cryptocurrency. I myself also got overwhelmed to choose a good ICO to follow. Surely with more choices, we also have to be more selective. and do not carelessly join ICO project. must make sure first that the ICO project is really a path and potential for success.
newbie
Activity: 168
Merit: 0
May 01, 2018, 10:37:24 PM
#3
Probably because many current projects are scam therefore many new ICO’s are emerging so that not everyone is confused to invest in ICO let alone A large number of ICO will increase the chances of ICO to fail and many people who invest in Crypto with long-term
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