Topic: What Are ICOs And Are They Scammy? - page 2. (Read 485 times)
I think in the next couple of years the situation will change and only projects that really want to work and improve the entire infrastructure will appear on the market, for today most of the projects are just scammers
ICO is been called Initial Coin Offering.
Ico is meant for the fund raising of a particular project or vision. Ico is used as a medium to actualize the project by individual funding and assistance. Most of the ico's goes through this process while some don't. Some might go through the medium of selfdrop and all are just good.
Ico is meant for the fund raising of a particular project or vision. Ico is used as a medium to actualize the project by individual funding and assistance. Most of the ico's goes through this process while some don't. Some might go through the medium of selfdrop and all are just good.
ICOs; also known as initial coin offerings; are when companies provide pre saling of tokens on discounted prices before a launch of a new coin. Most of the ICOs are pretty quality based and reliable; although you should always look at the team behind its developement. Are they reliable?
ICO literally stands for Initial Coin Offerings; in meaning; ICOs are the project of fundraisers of various projects; companies; programs; and events. ICO has accelerated the Coin business in the world by offering tokens worth of coins in the meaning of Crypto-currencies. It is very important for the crypto-space; as it becomes. ICOs being the scam; fraud etc as it is not regulated by any authority thus stands in Crypto-market where e=verything is based on freedom. We need ICOs; We should check them deeply before involving in them.
Some ICOs are set out from the onset to scam people, some good ICO can also turn to scam due to the team's inability to meet their roadmap. Some ICO also run foul of regulation thereby forcing government shutdown.
So yes ICO can be scammy but there are still good ones that are relevant and successful.
So yes ICO can be scammy but there are still good ones that are relevant and successful.
it all depends on how we see a project. if we have negative thoughts about a project then we will be afraid to join in it. we must know that there are some risks that will be gained in the world of cryptocurrency, and we must be able to avoid it. one of them is by choosing a good ico. it will make us avoid unwanted things.
What Are ICOs And Are They Scammy?
There are tons of discussions related to this topic on BTT, like this one regarding scam ICOs: https://bitcointalksearch.org/topic/how-to-know-if-the-ico-is-scam-1963768ICO is a form of raising funds, that is very similar to crowdfunding (if you haven't heard of that one - it's when people are offered to invest in a certain project and receive stakes as a form of reward). ICOs are related to cryptocurrency world, the products of ICOs differ though, from medicine related projects to entertainments and AI. ICOs started launching in 2016, reaching top point in 2018: total number of ICOs 712, approximate amount raised by ICOs is 17.8 billion USD according to coinschedule data - https://www.coinschedule.com/stats.html?year=2018
Top 5 ICOs ever are Filecoin, Tezos, EOS, SIRIN LABS Token and Bancor: https://www.cnbc.com/2018/07/13/initial-coin-offering-ico-what-are-they-how-do-they-work.html
Not all scammers are in new projects. But about half exactly do not represent anything from themselves but only create a work visibility by copying the code from another successful project.
In fact, there are a lot of good ICO projects that try to create something useful for our world and help investors earn. Therefore, even with such a large number of fraudulent projects, you can find quality.
ICO helps to establish the new coins and we could able to get information regarding several topics ; but unfortunately there been many scams isuess are happening and this all are actually effecting it reputation but hopefully soon the things will be more developed
When some coins launch they offer their coin through private sale and public sale where the coin price is low. As per analysts say 80% of ICO is a scam. before investing in ico's research is mandatory.
Now there are a lot of ICO projects which are available now. They don’t have to follow any law or rules. So; they may cheat on you. It’s wise to understand about the ICO projects at first and then invest.
Not all ICOs’ are scammy. But you have to make sure before investing your coins. Because there are a lot of ICO projects launching everyday; some of them may be fraud. So; you have to be careful before investing.
What Are ICOs And Are They Scammy?
Totally not all the ICO are scam, but since last days is an increasing part of them, so you need to increase your awareness while you will choose your ICO to follow and invest in it. ICO is a tokensale basically.
ICO stands for Initial Coin Offering. When a new coin is launched the organization decides to arrange crowdfunding and pre sale of their tokens through some discounted price which can later be used. Not all of the ICOs are scammy to be precise but in recent times a lot of them are. You need to be careful and do your own research before investing in one.
not all ICOs are scammy,although scammers have taken advantage of the fact that there are not regulations.may it is high time we demand escrow of ico funds so that teams do mot disappear
some of them are scams, we must see and learn them first before joining ico. but there are those who also really pay and give us big profits. all depends on the concept of ico.
What Are ICOs And Are They Scammy?
First of all, ICOs are Initial Coin Offering that helps a company or a project to come up with the necessary fund they need to sail away with their offering!
No, as much as many ICOs proved to be scammy, in general, i'd say they are not so scammy in actual potential.
The ICOs could never be scammed as they have permanents record with them!
Usually ICO offering lower price for some token so it's the best time to invest if you think they are worth to invest.
AFAIK most of them are potential as scammy ICO so make sure you have observe first their project based on community feedback that you can find on forum such bitcointalk before try to invest !
AFAIK most of them are potential as scammy ICO so make sure you have observe first their project based on community feedback that you can find on forum such bitcointalk before try to invest !
ICO is Initial Coin Offering. The coins or tokens are offered for exchanging the new project. In the case of ICO; most of the time scamming. But you have to verify. You'll benefit if you invest your skills.
Jump to: