Too dangerous ico strategies?? | Bitcointalksearch.org

Lan75

copper member

Activity: 363

Merit: 9

Quote from: Ayaancool on May 12, 2018, 06:33:19 AM

Now lots of ico only intention into collecting fund they least bothered developing product or giving revolutionary solution . Forget about revolution not even working business model
Now horrible ico strategy
1) hire reputed bounty and announcement manger ( I don’t understand what qualification gave them manager quality most of them are some kids not even knowing what is blockchain )
2) create attractive video promo and website
3) pay ICO reviewing sites get good ranking and display it in beginning of website
4) copy the white paper and other content hire content creator pay them to change the white paper or other webdite detsils which already raised funds couple of times.

This is one of the many downside here in the crypto world. Too many people are taking advantage of the anonymity of crypto and the non-regulation of government to the many ICOs launched. Scammers are also evolving and they are making ways not to be caught.

niisarearning

sr. member

Activity: 910

Merit: 252

Exactly what you said is correct most of the project only trying to collect fund recent new strategy is soft so claiming through private sale . Lots of project showing already reached soft cap in private sale . So that they can’t refund the ammount if it is not reached softcap.

Minnasan

jr. member

Activity: 112

Merit: 4

Quote from: trumper on May 12, 2018, 06:40:05 AM

Ico investment is already dead, I would rather invest in coins in the market... Those who are still investing in ico just wasting their money.

Indeed, investing in ICO is very risky and can even make those who invest in it to be a loss, but if when ICO becomes successful, would not we be getting its own benefits? so investing in ICO is not a bad thing, but yeah as I say it is very risky.

trumper

full member

Activity: 406

Merit: 102

Ico investment is already dead, I would rather invest in coins in the market... Those who are still investing in ico just wasting their money.

Ayaancool

full member

Activity: 308

Merit: 100

Now lots of ico only intention into collecting fund they least bothered developing product or giving revolutionary solution . Forget about revolution not even working business model
Now horrible ico strategy
1) hire reputed bounty and announcement manger ( I don’t understand what qualification gave them manager quality most of them are some kids not even knowing what is blockchain )
2) create attractive video promo and website
3) pay ICO reviewing sites get good ranking and display it in beginning of website
4) copy the white paper and other content hire content creator pay them to change the white paper or other webdite detsils which already raised funds couple of times.

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