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Topic: There are too many ICO, why? - page 6. (Read 3125 times)

member
Activity: 560
Merit: 16
November 10, 2018, 06:22:05 AM
i think because what happened last year that many projects want to gamble.  And also a lot of people want to take advantage of it, they create ICO to scam a people but some have a good intention about this. Many ICOs failed because of lack of investor.
full member
Activity: 671
Merit: 103
Moni
November 10, 2018, 06:16:04 AM
Everyone just want to raise money and it is the reason.
On the other hand there are some guys who just want to make good product
member
Activity: 672
Merit: 32
November 10, 2018, 06:13:29 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.
We believe that everyone will not have the same view as one project with another project, each project has its own advantages and products, which is why there are still investors even though there are many ICOs.
jr. member
Activity: 270
Merit: 1
November 10, 2018, 04:42:29 AM
Increasing in participants also means increasing of ICOs, there's a certain number of limited participants in one ICO, so many started their own ICO and gather their team and community to grow their coin
full member
Activity: 560
Merit: 100
November 10, 2018, 04:36:23 AM
That's exactly right because of all many ico's upcoming right now many of them will failed so hard and because of many competitor here and every where they will lost everything and also investors. They doing the wrong choices of business that many competitors around but because of this kind of projects many of people given a chance to earn an easy task by promoting a project here so that's why this kind of work many have an interest to be part of it. 
sr. member
Activity: 378
Merit: 250
Look ARROUND!
November 10, 2018, 04:30:32 AM
It is also kindof like demand and supply. People see the opportunity, that they can make a lot of money by doing an ICO, and so they do it. Now that so many ICOs fail, I think the number challengers (ICOs) will also decline soon.
full member
Activity: 1246
Merit: 103
November 10, 2018, 04:25:01 AM
to find profits in the crypto world there are so many ways that need to be done, one of which is to make the ico project. and most of the current ico projects are carried out by large companies to attract funds from investors. this is done for mutual benefit, both the company itself and the investor.
sr. member
Activity: 1050
Merit: 250
November 10, 2018, 03:55:56 AM
That's because more and more new ideas are emerging on the application of blockchain, although many of the many ico who only make it carelessly without thinking carefully about the concept for the future. I hope that in the following year the upcoming ico will be more qualified.
jr. member
Activity: 378
Merit: 1
November 10, 2018, 03:49:44 AM
I disagree with you.  Recently, investors have become much more attentive, so lately there have been fewer fraudulent projects!
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
November 10, 2018, 03:49:33 AM
A large number of ICOs are caused by market chaos, the first choice is because the market lacks supervision, and secondly, most investors are blindly investing, which makes it easy for fraudsters to scam!
sr. member
Activity: 1736
Merit: 306
November 10, 2018, 03:46:47 AM
this is business, of course competition is getting tougher.
so don't be surprised if a lot of new ICOs emerge, the problem is.
investors must be observant in choosing an ICO, because of course now many parties want to take advantage of the situation, first study in detail, before you invest. Good luck
jr. member
Activity: 151
Merit: 2
November 10, 2018, 02:49:50 AM
Many projects ICO, because people are interested in this opportunity to enter the market, with not much effort. All that is needed in the first stage is to make site and tell about his idea, and investors will give money for development.
full member
Activity: 686
Merit: 100
November 10, 2018, 02:45:13 AM
Is there is lot of ICO's going on Crypto market but more than 80% of ICO'S are scam. Many people will get rich who are starting scam ICO"s .Be aware of that kind ICO.
It is very clear that because the ICO can provide huge profits quickly, it is not surprising that many ICOs are deceiving. actually a lot of ICO really gets better because we can be more flexible in choosing ICO for our investment. It's just that now many people use ICO for their personal interests.
sr. member
Activity: 812
Merit: 250
November 10, 2018, 02:00:32 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.
Indeed. there are many ICO's that keep on doing good project but the reason why they fail is they get low funds and they even reached their soft cap. They creating more ICO's because it is have different platform and it can be use in different field. If you willing to invest in ICO's you should choose good and trusted ICO.
copper member
Activity: 350
Merit: 0
November 10, 2018, 01:53:30 AM
Is there is lot of ICO's going on Crypto market but more than 80% of ICO'S are scam. Many people will get rich who are starting scam ICO"s .Be aware of that kind ICO.
sr. member
Activity: 913
Merit: 252
November 10, 2018, 01:47:55 AM
The number one reason is that anyone with hardly any resource can start an ANN thread here and setup a website and try to attract investors. As of now ICO is the easiest way to get rich for the scammers.
sr. member
Activity: 1974
Merit: 450
November 10, 2018, 01:33:23 AM
ICO's success in 2017 is certainly the basis for many people to make coins and ICO, so this year there are many ICOs, but unfortunately many ICOs are scamming, making investors afraid to put their money in the ICO.
A lot of ICO scams, other ICOs do not have quality, their tokens value constantly decreases when exchanged, which is something that investors are concerned, perhaps because there are too many ICO projects should. has taken away most of the investors, so do not focus on a penny, so they are easily degraded.
well, that's not surprising. so many ICOs are successful now, they can even get more than $ 1 million in short time. so, so many people are competing to realize their dreams by utilizing this ICO. however, some parties try to deceive people.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 10, 2018, 01:28:50 AM
There are two reasons:
1) some people are looking for easy way to earn money, ICO seems like this way
2) many people think that they will do it better and make project with same idea but with another team Grin
There are a lot of reason actually, you can say that there are too many ICO because you believe that the crypto world is small
but in fact the adoption is increasing so we are growing, also people are smarter nowadays and even with lots of ICO, it will not make them a victim of scams and instead it will give them chances to choose the best ones.
jr. member
Activity: 154
Merit: 2
November 09, 2018, 07:54:08 PM
There are two reasons:
1) some people are looking for easy way to earn money, ICO seems like this way
2) many people think that they will do it better and make project with same idea but with another team Grin
member
Activity: 280
Merit: 10
The Protocol for the Audience Economy
November 06, 2018, 12:21:47 AM
ICO's success in 2017 is certainly the basis for many people to make coins and ICO, so this year there are many ICOs, but unfortunately many ICOs are scamming, making investors afraid to put their money in the ICO.
A lot of ICO scams, other ICOs do not have quality, their tokens value constantly decreases when exchanged, which is something that investors are concerned, perhaps because there are too many ICO projects should. has taken away most of the investors, so do not focus on a penny, so they are easily degraded.
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