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Topic: Too many ICOs - page 8. (Read 4730 times)

member
Activity: 714
Merit: 11
October 08, 2018, 11:07:29 AM
And lots of them are scammed. So beware of being screwed by any ICO. Think, research and then invest. There are lots of genuine ICO which has very bright future.
full member
Activity: 887
Merit: 100
October 08, 2018, 11:02:26 AM
I don't think it's a problem with the increasing number of ICOs. the problem is when many fake ICOs are circulating and it's very difficult to distinguish them. if more ICOs are comparable to many real or successful ICOs, we can join many ICOs more freely. but unfortunately the reality is that more than 80% of ICOs fail.
sr. member
Activity: 1596
Merit: 335
October 08, 2018, 10:45:22 AM
Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

Just read through the whitepaper and the team's eligibility. You can also check what other companies support the ICO just to make sure it is a good project. Honestly, having too many ICO is a little bothering, there will be a lot of projects to support which means investors fund will be spread through out other project which maybe not worth supporting.
full member
Activity: 448
Merit: 100
October 08, 2018, 10:34:13 AM
I agree that there's too much ico right now and the number increased a lot this year so it's getting harder and harder to find a good one. I also stopped looking at this forum announcement section because it's impossible to read all new thread, instead I joined telegram group where there's a lot of investor like me that share information regarding interesting ico that they found, it's a great group because the icos mentioned there are quite good.
hero member
Activity: 854
Merit: 500
October 08, 2018, 10:30:33 AM
There are indeed too many ICOs but for sure there are still some good ones. It is hard to look for the best one. Reading about them is a solution.
member
Activity: 170
Merit: 10
October 08, 2018, 10:26:56 AM
Yes, there are too much ICOs at the moment. And the bad thing is that these ICOs are trash. Almost every project even does not meet the soft cap. Thats why we need more investors and more stability at the market right now. Keep believing in crypto.
member
Activity: 140
Merit: 10
October 08, 2018, 10:26:18 AM
It is a lot of deception. One team creates at once 10 or 20 projects which nobody develops. It will be necessary team on regulation differently people not to trust
sr. member
Activity: 1092
Merit: 256
October 08, 2018, 10:24:32 AM
Recently, it was very difficult for me to find a good ICO, because most Asias today are a scam, and it is very difficult to have a project that is truly real because they prepare very carefully to take advantage of investors, so I hope in the future the ICO system is made a trust list. by forum staff, it will reduce the ico scam project
member
Activity: 434
Merit: 10
October 08, 2018, 10:21:40 AM
I was thinking the better caption would have been plenty icos causing distraction. They are now everywhere but I believe with time, we start seeing and knowing the appropriate signs for the genuine ones.

No gain saying, this is the era of cryptocurrency. No wonder we are having lots of icos and airdrops too

Having a lot of ICO's is a good sign for the opportunities that awaits not just the bounty hunters, but also the investors and the entire world. More ICO means more Technology innovation and improvement. I hope there will be a system that will detect if an ICO is real and auto report those with a negative intentions to many.
hero member
Activity: 868
Merit: 500
October 08, 2018, 10:20:51 AM
For me these scam ICOs keep coming out for funding because some people are still gullible enough to send money to them without doind researc on the projects and asking the team questions. One thing I have realise in this space is that once these developers have your money you are most likely to be at their mercy
member
Activity: 108
Merit: 10
October 08, 2018, 10:14:21 AM
As information there are currently hundreds of live ICOs, this is what makes competition for money very difficult, especially many scam projects that make the market difficult to recover.
If the scam projects continue with their scamming then they will eventually fail when the reviews get published. ICO developers are not scared of the scammers.
sr. member
Activity: 1358
Merit: 253
October 08, 2018, 09:58:02 AM
As information there are currently hundreds of live ICOs, this is what makes competition for money very difficult, especially many scam projects that make the market difficult to recover.
member
Activity: 1078
Merit: 10
October 08, 2018, 09:29:22 AM
It is true that is is rather difficult to find a good ICO at the moment because of eighter useless or even scam projects. As for me, I use websites with ICO reviews to find interesting project - ICO Drops is my favourite one. It has a convinient user interface, so it is easy to review upcoming projects.
jr. member
Activity: 602
Merit: 2
October 08, 2018, 09:17:30 AM
You are not looking projects there. Why do you need a forum? Look at the members with high ranks on the forum and follow them) they are experienced and will not choose a bad project. You can join the telegrams channels of managers they are there constantly posting projects they carry out.
member
Activity: 243
Merit: 10
October 08, 2018, 09:07:17 AM
usually I learn the new ico by visiting the ico rating website like icobench, icotracker, icomarks, etc. there is complete information about ico, we can find a good ico on the web.
full member
Activity: 337
Merit: 100
Eloncoin.org - Mars, here we come!
October 08, 2018, 09:04:28 AM
There are too many ICO's but only a few of them succeeds. Most them are unable to sell enough coins and doesn't even reach the soft cap. Some reached the soft cap but unable to sell additional coins after that. The most alarming are the scan ICO's. Hopefully, this type of wrong doins will stop as soon as possible.
sr. member
Activity: 854
Merit: 251
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October 08, 2018, 09:01:19 AM
Yup there are too many ICO and there are so many scams too ,
It is hard to trust in the ICO nowadays because some of them are just a scam .
member
Activity: 231
Merit: 10
October 08, 2018, 08:58:51 AM
Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
There are too many ICOs or project right now but there only a few legit ICO so that we must be more knowledgeable on choosing a good ICO to be promoted. For me to choose a great and better ICO I've always read and ask some of the most veterans here if the ICO was good or not and somehow I also read the whitepaper of the campaign to know if it was a good or not.
member
Activity: 602
Merit: 10
October 08, 2018, 08:56:26 AM
Yes, that's true, there are lots of ICO'S in the bitcoin. But be careful in choosing it because there are some bounties are scam some are dont meet the standard of the sale, that is why they dont get any reward from it.
member
Activity: 252
Merit: 10
October 08, 2018, 08:54:30 AM
You are right. There are still a lot of trash on the crypto currencies market. ICOs are writing their whitepaper, making a website and they are ready to go. A good ICO should have a working product and a great community.
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