What Are ICOs And Are They Scammy? - page 4.

bitcoinm3ster

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Quote from: Doctor A on August 07, 2018, 03:51:11 AM

What Are ICOs And Are They Scammy?

ICO is a shorten word of the pharse "Initial Cryptocurrency Offering". It mean that this is a form to mobilize capital from investors to deploy their project by the way sell off their tokens (they make it themself and have no value if it is not listed in market).

milani

sr. member

Activity: 1092

Merit: 254

Of course the situation on the market with ICOs is more pessimistic now than some years ago, but it is not the end, and it is not the tragedy. It was obviously that such a "tasty topic" like opportunity to collect and get a lot of money will attract people that are creative but not honest. But there are lots of projects with really good interesting perspective ideas and trustworthy. Of course it is sometimes very hard to identify the scam project and the trustworthy one, but it is possible))))

theyoungmillionaire007

newbie

Activity: 47

Merit: 0

There are a lot of fraud ICO projects now in the current crypto market. Because there is no rules and regulations for these projects. So; whenever people invest in these projects they got cheated.

Abu Shadow

member

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Merit: 10

Quote from: chengyinoing on August 07, 2018, 03:54:50 AM

As ICO moves from white paper, fundraising to final online deals Professional analysts say that 80% of ICO is a scam, and only 8% manage to trade on an exchange.

Ohh, if this is true then we had lesser chances of getting profits with those batches of ICO as many people wants to invest to try their luck to gain profits in investing ICOs. Maybe it should be 20% will made it to exchanges.

darkwiz1417

newbie

Activity: 48

Merit: 0

ICO stands for Initial coin offering it is the best time to buy tokens but the sad thing is most of them are scam or cant even reach the softcap so you better do your own research before investing or else bye bye money

cliber

member

Activity: 672

Merit: 10

umachit.fund

to my knowledge, not all ICOs are scam. as long as I participate in crypto to this day, only 2% are scam, the rest is 80% not.

jonloner011

newbie

Activity: 224

Merit: 0

I think most of the ICO scams. But you have to verify. If you are aware then you will benefit. The ICO is basically made for investment collection. Which collects a kind of token and coins exchanges.

swissgang

full member

Activity: 462

Merit: 100

Most are scammy, ico is initial coin offering, tokens of the project are offered to people at the begining of the project instead of mining.

dreammoney710

newbie

Activity: 196

Merit: 0

Most of the ICO : short form of Initial Coin Offerings fail before going to the trading stage because of their poor attention in Secutiry; Utility and Cryptoeconomics

Eurobot

newbie

Activity: 54

Merit: 0

"Initial Coin Offer is the short form of ICO.I think few scam/crap ICO usually use unneeded
complex words in technology/concept page to make investor confused and think it's
something awesome while the fact it's nothing special/useful.
"

HistoryVampire

newbie

Activity: 40

Merit: 0

"From research I know that before the coins come to the market; for the precedes or the fund
raises coins were given at very low prices. It is called the ICO.Unfortunately most of the ICOs
are scam.
"

ChainFish

newbie

Activity: 217

Merit: 0

"ICO is a crowdfunding a new cryptocurrency and an innovative idea that can be implemented
on the blockchain technology.But it's a bad news that 90-95% percent ICOs are scam.
"

CheeryPenguin

newbie

Activity: 42

Merit: 0

The ICO’s who scams are usually attract their investors by lots of available promising promotions. Investors fall for their trick and ultimately the ico where they invest in turned out a fraud. So stay cautious where you invest before everything.

Gralph

jr. member

Activity: 126

Merit: 1

The acronym "ICO" means (Initial Coin Offering). In a simple term; they are coin of a particular bounty that is open for sale to investors to buy in other to enable them implement their project and after the they might have reached their market cap and accomplished their project, they will then distribute a percentage of the total revenue raised to the investors. Most significant about the ICO is that the token bought by the investor will be sold whenever their is an increase in the price of the coin above the initial price at which he bought the coin.

Despite the infinitesimal number of programs that are scam in the bitcoin Forum; ICO's are not scam in its entirety.

MegaDots

newbie

Activity: 44

Merit: 0

Well there are few ICO’s who are legitimate but the amount of fraud ICO’s are so many that it is quite to differ the legit ones. This situation is really very upsetting for the users of crypto currency.

Stumbleupon

newbie

Activity: 47

Merit: 0

ICOs main work is offer the coin and as far as i know most of the ICO is Scammy so before invest on ICO you need to research about this.

InnocentDemon

newbie

Activity: 39

Merit: 0

ICO which means Initial Coin Offering is an unregulated means by which funds are raised for a new cryptocurrency venture. It’s really not a good news but it is true that recently almost 80% ICO projects are scam.

BigCookie

newbie

Activity: 172

Merit: 0

ICO stands for Initial Coin Offering which means someone is offering investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin. Not every ICO is scam; but it’s true many of them are.

Eurobot

newbie

Activity: 54

Merit: 0

Initial Coin offering (ICO) is an approach which is actually a type of crowd funding that use crypto currency; is a way of raising capital. Recently there are many ICO projects and many of them are scam but not every ICO.

Inuldarahrendah

newbie

Activity: 202

Merit: 0

ico is one of the profitable investment. Besides being profitable for investors, ICO is also beneficial for bounty hunters because they will get the paid from ico. not all ico are scams, there are still many legit ico that can be followed. it all depends on how we can choose the ico well.

Topic: What Are ICOs And Are They Scammy? - page 4. (Read 485 times)