Overall I would say: yes. Since mid-2018 until now, so many projects have failed and scam. But that does not mean this is the end, in fact there are still many projects that achieve sales targets with glorious and provide great success for investors. Here is the proof.
So we still have to think positively that this is only temporary, the time will come again all cheerful. Don't give up and make this opportunity to collect more coins and potential tokens.
indeed proof
ICO is scam. The mechanism for real DAOs is yet found.
Centralizing all the raised funds into the hands of the self selected "kings" is tarded.
The use of actual smart contracts could be deployed to lock funds and payout only when project targets are meet.
SO THE COMING FUTURE:
Is rediscovery of “shitcoin” that actually are better than BTC (technically: tps/adjustment/cost-per-block) and rebranding to quality and proven ALTcoins.
Also the implementation of real smart contracts into the DAO/ico/token that are legitimate.
Re: Are ICOs really DEAD or simply cleared a path for better projects? Even after the onset of the bear market in January 2018, ICOs were still happening at a rate
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.
ICO PROCEEDS DROP TO $338M..According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not? Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Agreed, I believe that Bitcoin is the founding father coin. I think projects like Ethereum and consensus algorithms like Delegated Proof of Stake are whats needed, leading us into the right direction. To think we started with just Proof of Work. Many people don't have faith within the altcoin markets because a lot of the coins are alternative clones with little to no new innovation added. Many are indeed shitcoins, but there are some real sleeper projects out there that are game changing. It's the emergence of competition that drives innovation, every coin/token plays its role as a tiny cog apart of a larger mechanism.
sleeper projects?
https://bitcointalk.org/index.php?topic=2673075.20Sleeper coins are little known and undervalued coins that are already listed and has the potential to go to the moon.
https://bitcointalksearch.org/topic/the-supersleepers-season-04-episode-04-honey-bunny-731471Re: TOP 42 blockchains
https://bitcointalk.org/index.php?topic=1205172.20Re: Is NOW the time to get into Ethereum ? Yes, I know that there are many coins , and everyone has a favourite. But with the Ethereum 2.0 upgrade close, the move to Proof of Stake and the performance improvements promised , is now the time to get seriously into Ethereum ? I discuss this in the following video , as well as the opportunity it provides :
https://youtu.be/O8gTpGu9D_cBy the way , if you forward to 13:15 I also share my equation for getting Bitcoin at a lower price
Sure, Ethereum is always a good idea for ivestments and if you have some free money - ETH deserve to be in your portfolio.
ETH is "shitcoin" #1
