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Topic: There are too many ICO, why? - page 5. (Read 3172 times)

copper member
Activity: 140
Merit: 1
November 16, 2018, 05:47:57 AM
A good signal is that the market is not standing still and is developing in the right direction. People have already begun to distinguish Scam projects from normal
full member
Activity: 504
Merit: 100
November 16, 2018, 05:27:22 AM
There are a lot of projects, I will not argue with you, but today, as you understand, there are a lot of situations when people create their projects because they just want to earn money, they don’t want to create anything, these are scammers who take advantage of the situation.
member
Activity: 1106
Merit: 11
Crypto in my Blood
November 16, 2018, 05:22:25 AM
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.
Too many ICO too many spams. No, I am not saying ICO means to spam, I am saying spammer take this chance to spam. There are many projects are not legit, so it's difficult to identify the legit ICO if we don't have the knowledge to identify the who are legit, who are not. So we should study about this to skip the scamming.
sr. member
Activity: 498
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
November 16, 2018, 05:21:23 AM
the reason is simple, because if you raise funds through ICO it's very easy even if you don't have any real products that are still possible. On the other hand, to promote the project does not require money because you can pay bounty hunters and social media influencers using tokens that do not yet have value
sr. member
Activity: 728
Merit: 251
November 16, 2018, 05:14:03 AM
So many useless ICO are the biggest enemy of crypto development.
They are damaging reputation of crypto, therefore blocking a lot of potentially incoming funds..
They should be filtered..
jr. member
Activity: 364
Merit: 3
November 16, 2018, 05:11:47 AM
I see no trouble with too many ICOs. But the success of these ICOs is my primary challenge. If the rate of ICO  turning into scams gets higher than those that go onto conclusion then we got a problem.
Most Successful ICO get a real use case. They help the use of CryptoCurrency in our daily lives. So a lot of ICO isn’t the problem but these teams having a plan just to get listed and traded but not to have a use like they propose in the white paper is a problem.
copper member
Activity: 84
Merit: 0
IRONX
November 16, 2018, 05:02:12 AM
Technologically advanced ico will always be in demand. For there is always somewhere to develop and bring into this world something new
jr. member
Activity: 280
Merit: 1
The Premier Digital Asset Management Ecosystem
November 16, 2018, 04:55:36 AM
Because most ICO now do not represent anything. For the most part, there are more scams than normal projects
full member
Activity: 518
Merit: 101
November 16, 2018, 04:15:42 AM
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.
There are too many ICO because there are so many expeculations that raising an ICO can make huge money especially when there lots of people actively urging to invest in the project. Some ICOs are scam and a lot of people are being scammed with this business that is why I will not join this kind of project maybe I will join just for a very few when I have noticed it is potential one.
jr. member
Activity: 266
Merit: 1
November 16, 2018, 04:12:50 AM
Everybody want to collect money from investors for the "new and first idea of bla-bla-bla". If you want to invest in ICO, you should choose it very carefully.
hero member
Activity: 626
Merit: 500
November 16, 2018, 04:04:02 AM
There are a lot of ICOs because they are vying to create a cryptocurency that would compete with bitcoin and ethereum. But sadly, because of its large number, people got confused which to support, hence, only few make it to exchanges, and if haply, they did, only few survive the stiff competition, especially now that most are suffering devaluation. However, there are also ICOs which are intentionally made to scam. They ran away with the investors' money after the ICO. So you should be very wary in choosing which ICO to buy.
Companies sees the possibility to know their product more widely through crypto, unfortunately many scam project pops that lose track in those best ones.
member
Activity: 504
Merit: 10
November 16, 2018, 03:54:52 AM
There are a lot of ICOs because they are vying to create a cryptocurency that would compete with bitcoin and ethereum. But sadly, because of its large number, people got confused which to support, hence, only few make it to exchanges, and if haply, they did, only few survive the stiff competition, especially now that most are suffering devaluation. However, there are also ICOs which are intentionally made to scam. They ran away with the investors' money after the ICO. So you should be very wary in choosing which ICO to buy.
member
Activity: 294
Merit: 10
November 16, 2018, 03:48:46 AM
I think it's very cool. We can choose what we are really interested in and we are absolutely not limited in this. I can't imagine how we'd manage without so much variety.
jr. member
Activity: 141
Merit: 1
The World’s First Blockchain Core
November 15, 2018, 06:46:13 PM
There are too many icos because people want to earn some money with fast way. Ico developers and ico investors. Both they want same thing. Ico owners earning huge amount of money in very short time and ico investors investing these project with 10x dreams. Because of that icos are increasing very very fast and that is toxic for that market. I believe we dont need any other icos after now.
sr. member
Activity: 518
Merit: 325
November 15, 2018, 02:17:33 AM
If people didn't want to invest in so many projects, there wouldn't be so many. It all depends on the investor, and if the creators of the projects see a need for them, they will create them.
full member
Activity: 616
Merit: 100
November 11, 2018, 11:19:01 AM
This is the echo of last year, because the ICO processes that began to spread so strongly and massively were from 2017, so I think that in general, people still have the opportunity to raise funds for cryptocurrency crowdfunding.
full member
Activity: 504
Merit: 100
November 11, 2018, 11:16:32 AM
As we can see , there are sop many active and newly published ICOs nowadays. I think the reason behind it is the number of people or organizations who wants to have their own currencies are rapidly increasing but they don't know the risk if they really gonna engage their lives on it. It still depends on how they gonna managed their own ICOs towards it's success.

The world of cryptocurrency is the world of fast money. Many companies want to attract attention to themselves entering the market with ICO. During the ICO period, a lot depends on advertising; companies do it to make themselves known.
member
Activity: 252
Merit: 10
November 11, 2018, 10:12:40 AM
Projects are created by leaps and bounds, due to the fact that the sphere is only emerging and no one understands where its main application.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
November 10, 2018, 07:23:31 AM
As we can see , there are sop many active and newly published ICOs nowadays. I think the reason behind it is the number of people or organizations who wants to have their own currencies are rapidly increasing but they don't know the risk if they really gonna engage their lives on it. It still depends on how they gonna managed their own ICOs towards it's success.
full member
Activity: 518
Merit: 100
November 10, 2018, 07:16:05 AM
I think the reason for many ico should be because of posibilities of cryptocurrency technology and how it could affect many areas of life - the application of this is what motivate people to want to create many use cases for cryptocurrency technology! Lips sealed
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