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Topic: There are too many ICOs - page 5. (Read 1348 times)

jr. member
Activity: 420
Merit: 2
May 11, 2018, 04:46:35 AM
#74
That's true!
and also with weird name and projects!
newbie
Activity: 126
Merit: 0
May 11, 2018, 03:57:27 AM
#73
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

I'm sorry, why does it has to stop? due to the number? Aren't number is what we need to promote this market? Number shows the strength of support, aren't you well informed of that?
If the problem is your having a lot of trouble looking for legit reliable ICO, then that is your problem. Just like this one has problems
I agree, especially too much scam from Asia. It's hard to find valuable projects today! We should pay attention to dev team, white paper and road map.

It is our duty and responsibility to protect our own form scam, but we should not hinder others from building their own company just because were having difficulty locating one. They must not be denied of equal opportunity to make their company.

I say let any number of ICOs come, what's important is, we don't tire from isolating the potentially reliable and successful ones
newbie
Activity: 10
Merit: 0
May 11, 2018, 03:47:35 AM
#72
I agree, especially too much scam from Asia. It's hard to find valuable projects today! We should pay attention to dev team, white paper and road map. Today I follow one interesting ICO called Nebula Network. It looks to be a rising star of this year, but time will show.
hero member
Activity: 1204
Merit: 630
May 11, 2018, 03:46:46 AM
#71
Yes, there are many ICOs. And in fact, it does not improve this situation at all! What I really wonder about is how much effort is spent on this job. Many projects copy a whitepaper from another project, or they black out a few projects and put them on the market. People invest in advertising or referrals. The interesting thing is that some of them are making progress on the project and they are on their way. These kinds of events will never happen in the future. Because an arrangement or supervision mechanism will be established.
jr. member
Activity: 102
Merit: 5
May 11, 2018, 03:45:44 AM
#70
There are not many enough. I'm sure you do not understand what it means. ICO means initial coin offering. Every new coin coming up has to do this to boost their startup. This is where they raise funds for the coin they intend to produce and also market their idea to the public. ICO would still churn out because this is the future of the world. It's like companies calling out to buyers to come bid for what they are giving out. Even though it is not very similar but that is the closest idea.
newbie
Activity: 252
Merit: 0
May 11, 2018, 03:40:58 AM
#69
the interest in the stock market is increasing as the amount of money and the number of participants increase in the crypto currencies. so the number of ico is constantly increasing. people are trying to benefit from the crypto exchange.
sr. member
Activity: 658
Merit: 250
May 11, 2018, 03:40:23 AM
#68
Yeah, every day is coming to a new ICO. But, in fact, many more people are interested to participate in that ICO, both the investors or other participants likely the bounty hunters. ICO is a part of promoting a new project to the world to gain more investors. We can take many advantages of the ICO. However, some of them may be scams. Therefore, we must be very smart and careful to choose the right ICO.
full member
Activity: 574
Merit: 102
https://adonx.one
May 11, 2018, 03:37:47 AM
#67
I think no body can stop it, token market just started growing. There are too many ICO and some of them failed and finally many investor loss their money, in my opinion now need regulation to protect investor from fraud, with regulation also possible to increase the demand of the token, because will be more people believe they put their money in to right place. Regulation also make good fundamental for others crypto so the total marketcap can be increase to more than 1$ Billion.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
May 11, 2018, 03:37:35 AM
#66
I think it's really hard to stop newcomer at the moment. Everyday, a lot of people has new idea about blockchain technology and with each idea we will have 1 more new ICO project Smiley). This one only can be stopped while there are nobody interested in investing in ICO project but for now, I think it's impossible while there are a lot of people want to invest in ICO project cause it's a good way to earn money cause good ICO project often has its token price x10 after listed on exchange Smiley)
newbie
Activity: 52
Merit: 0
May 11, 2018, 03:33:59 AM
#65
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.
"There are too many fraudsters in ICO. These people mess up the ICO market."
newbie
Activity: 152
Merit: 0
May 11, 2018, 03:28:52 AM
#64
In my opinion, It is true there are many ICO for now and have a chance to succeed if ICO is promising to invest, but they have some ICO is also a fraud. But at the moment, I can see the idea of news for the ICO project is running out today, I believe there is no more good news idea for ICO project so no one will be interested to invest in ICO project again and the number of ICO projects will decrease and we just need to wait.

full member
Activity: 273
Merit: 100
May 11, 2018, 03:16:36 AM
#63
yea many ICO. Not all ICOs are successful. On average, every ICO will have three ICOs. So we can really see that ICO is very little success, so it is not worrying
newbie
Activity: 108
Merit: 0
May 11, 2018, 03:10:20 AM
#62
Sir, I very much agree with your idea. I think this is very necessary. Thousands of ICOs have absorbed too much money and caused the secondary market to not function properly. Most ICO projects are air, even Deceptive, I hope someone can stop this behavior
jr. member
Activity: 196
Merit: 1
May 11, 2018, 03:01:21 AM
#61
I also feel uncomfortable with so many ICOs present at this time. Although it is a good development from Crypto. However, it is even more difficult to find a successful ICO. I hope there is a special team that can select the ICO project first, before finally disseminated.
sr. member
Activity: 504
Merit: 250
May 11, 2018, 02:58:32 AM
#60
then how do I prohibit the ICO? ICO may indeed many, but behind it, all, not all successful ICO and could penetrate into the market. because the competition is very much so sometimes there is a failing in the middle of the road and there are also entering the market but could not last long. no need to be banned I think the ICO will be selected by itself.
newbie
Activity: 106
Merit: 0
May 11, 2018, 02:45:43 AM
#59
Many ICO projects have caused me to doubt whether they are true or not. I think many projects are scams, or they are simply not ready to succeed. This will undoubtedly increase people's difficulty in making investment choices.
member
Activity: 308
Merit: 10
May 09, 2018, 06:57:31 AM
#58
This is the right explanation of what is happening right now. There are so many ICOs which bad and also good at some point. A lot of scams have appeared nowadays just because ICO is so easy to do. And, what is good here- ICOs are helping the crypto world to expand the auditory.
member
Activity: 532
Merit: 10
May 08, 2018, 04:28:38 AM
#57
too many of the ICO is indeed very unfortunate. Moreover, behind it all, too many hauled off a scam. on the bright side, of course, ICO will provide the best thing in order to be able to compete with the others. but the downside is certainly known and harder to scam and many new coins ended up not having lots of enthusiasts.
newbie
Activity: 180
Merit: 0
May 08, 2018, 04:05:19 AM
#56
it is true, but I see the quality of the ICO project is increasingly being questioned. More and more projects can not reach its softcap. and in the end must be out of business. not infrequently also a scam ICO project. That's why we can not just relax. Must be more selective in choosing an ICO project that is more and more.
member
Activity: 238
Merit: 11
May 08, 2018, 03:59:24 AM
#55
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

What is the difference with regular products on the market?
We see the big range of products (e.g. different brands of food), but still companies attract the target audience.
This is a job of marketing magagers to attract attantion of people to the product (in our case ICOs).

We would all love to have few coins out there because we would need to think less by choosing where to put our money in. As there are many projects it is getting hard to spot the winning product. You have to search a lot to find good one, and not to mention to do proper analysis that the project is real deal. You said it well market has tons of products. Even to lunch an ICO is not an easy task ad you have to work with companies with experience and find good advisors who can push your project. It is hard to get through the noise but that is not something we should stay away from. People see ico is great to raise money and of course more of them will be made in the future.
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