Topic: There are too many ICO, why? - page 7. (Read 3172 times)
There are far too many projects that don't specifically require the application of blockchain technology or that offer an original technological innovation of some kind and are simply using the ICO craze to cash in and these types of projects are the ones you should avoid even if they are popular
There are too many ICO's probably because there are too many problems and issues in the world that must be tackled to make life easier and interesting one, too many ICO's gives us a wide variety to choose from. I always ask others who knows the next BTC project? It might be the one you joining now that is why there must be the need to do a careful research on any project you join since scam projects too are creeping out always.
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.
many teams open new ico and release it because they are not only getting this profit but also related to concepts, they compete with the best concepts and benefit many people. so I think a lot of ico is natural because there are a lot of changes that occur when Iico appears and is released in cryptocurrency and for traders and investors more and more choices of coins to be traded and invested if many ico appear.
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.
Because there are too many greed and noob in this community,thos greed wanted to scam people specially investors and ofcourse the bounty hunters,while those noobs are the victims of these criminalsThough there are some ICO that really wanted to serve and help people of the world,but the problem is they are being copied by scammers
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.
It will confuse investors and bounty hunters on what ICO will succeed or not, two years ago the majority of ICO are guaranteed of success but now we hardly can figure up if the ICO will succeed or not because even if the project looks good, it will not guaranty it will reach the soft cap.
Yes, many companies launching the ICO with no further development of the project and this makes the investors lose their value in the market. Some project are not reaching hard cap due to fake promises by the owners and this makes them lose their value and it is affecting on their project.
I think the ico program is a business opportunity, which can benefit many parties such as investors and developers, so why are there so many ico, because many people want to make bigger profits. and every developer will offer a good program on their ico so that many investors are interested in buying their ico coins. but we as investors must be selective in choosing ico for investment, because there are also developers who just want to cheat investors through their promising whitpapper.
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.
It will confuse investors and bounty hunters on what ICO will succeed or not, two years ago the majority of ICO are guaranteed of success but now we hardly can figure up if the ICO will succeed or not, because even if the project looks good, it will not guaranty it will reach the softcap.
This is a free market where everyone can issue their own coins, but in many cases they are junk coins. To know that their purpose is only one is to make money. Many people don't think about the future of the project, they only consider money. Therefore, ICO investors must be cautious.
the number of ico shows that the number of projects in coins also increases. This is good in my opinion. Because the choice of investors to rotate money also increases. If there is an ico that fails, it means that he cannot compete or fails to compete, maybe he is not good at promos or supporters, so he fails to gain investor confidence in this phenomenon, I think that is reasonable.
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 must be competition and it is evident that we cannot avoid it wherever it is, from some of the competition there must be some ICOs who have collapsed because they cannot compete with other projects. so it is better for the new project it would be nice if the project brought has special advantages and superior features so as not to miss the other competing projects
there are many people and they have lots of ideas, thats why there are many ICOs.
everyone thinks that his idea is the best and we see what we see
everyone thinks that his idea is the best and we see what we see
As most of the projects are now funded by the ICO channel, as they are quite easy and convenient, many people choose this way and mobilize through the ICO channel. They are easy to contact with investors, socks. Both investors are extensively around the world. That would be good and quicker
this is one reason many ico projects fail and this is very good because only the ico project with a great team that is able to attract investors and bounty hunter interests to join the campaign, this is a screening process in developing cryptocurrency-based projects that require smart expertise and plans so that after the ICO process is complete, the price of the coin continues to increase and investors get a lot of profits.
because most of the ico were there, they were all successful and made many people interested in making new ico, all the time. so that it makes ico more and the impact is the number of tokens in the market that make most of them not very valuable and for tokens to be launched to the exchanger the process is very long.
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.
Last year, the development of the blockchain reached an unprecedented height, causing many people to be optimistic about this area. They want to raise funds through ICO and let them get rich quickly.
Because they wanna scam you! because they wanna fill their own pocket out of poor noob people. stayaway from these scam icos
It is a very good way to get funds for your project without the need of giving up any stake in your company. Furthermore, people assume it's an easy way to get rich with the cryptocurrency hype without actually thinking through what their project is. I have seen some projects which main use is to be a shared ledger and we all know that's the bare basics of being a blockchain.
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.
The ICO's that we are having will probably follow the same business survivability lifespan - In the first 5 years, 9 out of 10 will fold, close or do an exit scam.
Those that survive, 9 out of 10 again will fold again in the next 5 years.
Those that survive the second wave, from there we will see the Amazons and Google of the crypto space. These will be the Titans joining Bitcoin.
Yup there are too many ICOs out there, because they see that there are many investors out there in ICOs. They always say that their concept is unique and not a copycat from other projects but in reality, they only add a few features to differ the existing one. But not all of them was successful, the true projects with a good marketing and experienced team will always become successful.
Jump to: