Token risks? - page 3. | Bitcointalksearch.org

bungutko

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Quote from: bhadz on June 21, 2018, 07:01:13 AM

There are tokens that are distributed from failed projects. They are no longer working with the said project but they had given the tokens to the addresses that participated them.
But as said that they are failed and no longer pursuing their plans that token will be a decoy and display to your wallet. No way to use, spend or sell it.
Because it will never get listed to an exchange.

Yes, I agree. There are actually coins that are giving their bounty tokens but are not that successful since most of it were not in the exchange sites. However, there are some tokens that are already on the exchange sites but the trading seems to be slow moving.

bhadz

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There are tokens that are distributed from failed projects. They are no longer working with the said project but they had given the tokens to the addresses that participated them.
But as said that they are failed and no longer pursuing their plans that token will be a decoy and display to your wallet. No way to use, spend or sell it.
Because it will never get listed to an exchange.

Sharcade02

newbie

Activity: 27

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

There's still a chance that the project will fail through time even after ICO. One of the reason is that the lack of support coming from the community or the team behind the project sucks that the project can't progress. So in choosing an ICO to support be sure to check for that factors, anyway I suggest to research about menlo.one its an ICO that currently I'm supporting.

Zotia

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Of course the risk is also after receiving tokens. It only beginning. If the project doesn't work, the team won't do anything and there will be bad news, then the price of a token will sharply depart down. Watch news!

zhaviabieber405

newbie

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No, any token is highly risky, obviously ICOs are the riskiest possible, it's still possible to find some good ones though.

berrygood

full member

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People do ico at the begining of their projects so the project can't fail during the ico, if there is a problem related to project like tezos, you may do nothing with your coins for a while.

nikotengik

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

usually a failed project will not give rewards to the bounty hunter.
the person receiving the reward comes from a successful project

vlad230

sr. member

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ICOs or Initial Coin Offerings are similar to what are IPOs or Initial Public Offerings for the stock market but way less under control or regulated.

Both are trying to do the same thing - gather funds for their idea or product to be put into practice. This does not mean that idea/product will succeed of course, it's more like a gamble than anything else.

You need to make sure you're investing in the correct one by researching about the idea/product and making sure it has some percentage of success that you're comfortable with.

Arcoin1

newbie

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It makes a lot of sense to invest in a virtual money market. As a risk, if there are not many sales to the market, it will lose value. You need to invest in an unborn money and wait.

indobitcoin.tk

sr. member

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Maybe you will still get it through the ICO it fails or a scam. However, the result is beyond estimate. when it was entered in crypto, all the stuff that is in here is full of risk. fluctuations, scam, ICO failed already a daily food and should be skipped. certainly not a new thing but reversed it risky that there is great potential behind them.

barlo357

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Yes you can still get tokens even though that project was a scam, actually I experienced that right now but I waited only exactly 2 months now, in my on opinion that project was already a scam but I'm still hoping that was not a scam anyway they still keep on promising to us that soon they will put a value in a tokens.

EmmanCryp

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

You get tokens by either buying with your money during the ICO sales or you get it by participating in the airdrops or bounties. Whichever way, getting the tokens in your wallet is not a guarantee that the project is a success or already worked. It can still turn out to be a failed or abandoned project later.

Rozita

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There are many scam ICOs that distribute the tokens on time without any delay. Because there are no project and there in no need to spend time on projects development. Token distribution is the only thing they can do and they distribute that valueless tokens easily.

asriloni

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Basically token means an asset, failed can create its own smartcontract through the ethereum network. You can still get the token from failed project but it has no value compared to the successful project.
Some times there is an undervalued token from failed project can worth a lot because it was starting the development process.

12retepnat34

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Activity: 319

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Scam ICOs also have the token to give their victims but that token doesn't have a value at all, most of that token came from the airdrops, their are also ICOs that has a value at first and their token is in exchange site but then later down.

CryptoRama

full member

Activity: 453

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There are allways risks, specially with tokens, because making a token is even eazyer than to have whole blockchain... very popular with scammers i think, just look Usdt...

svobodnyi

member

Activity: 308

Merit: 10

This does not give any assurance that the project is not a scam!
It is possible that they will then disappear, maybe in a couple of months, maybe earlier, maybe later ...

kidamazo

member

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I dont actually know, but I have heard that there are tokens, that will never actually became trading somewhere, besides an ICO

Bellator

hero member

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Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Even if the ICO were not successful they send you payments with a form of tokens,they can make another public sale after the presale,they can raised funds on that way.Theres always a possibility that even if ICOs were not successful they can send tokens to bounty hunters as the reward.If developers were dedicated in their job,they will let their projects grow and possibilities would be list in some exchangers.

jamesndungu1

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Activity: 434

Merit: 25

Quote from: brawdias on May 16, 2018, 03:11:26 PM

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Even a 5 years old project can still tank - because the members decided to prolong the scam to maximize profits or any other reason that might make the project to fail. You should understand you are investing in a business idea - and 7 out of 10 business fail in 10 years. Bitconnect is a good example of a failed top 10 project that is more than a year old with a working product.

Topic: Token risks? - page 3. (Read 515 times)