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Topic: what is ICO and why every day new coin is there (Read 1420 times)

newbie
Activity: 3
Merit: 0
December 28, 2017, 01:34:51 PM
#51
Many new icos are created these days, however hope and potential is always there to provide something different and push the cryptocurrency world forward, we are here to innovate and develop new possibilities.  The team at Phoneum desire to to this, we are looking to launch the first Mobile only cryptocurrency.  Take a look at our website https://phoneum.io and become a part of this new journey, best of luck out there in the crypto world Smiley
sr. member
Activity: 796
Merit: 251
Every one make own ICO nowadays, actually it looks like golden-rush in 19th century, everyone wants to get rich fast. That's why the biggest part of this ICO are just scam.
member
Activity: 224
Merit: 10
Ico means initial coin offering by companies , its just a advertisement to distribute the coins before trading with extra bonus.
sr. member
Activity: 882
Merit: 403
Hello,

I was wondering what ICO is ? and why every day there is new ICO coin thing is coming in the market claiming lot of things , lots of bonus , lots of coins etc .

I am still unable to understand what is going on .

if this will stay like this at the end of 2017 there will be thousands of ICO kind of things

Please help understanding this ?

Thank you


ICO = Initials that mean Initial Coin Offering.

The reason why a lot of ICOs are popping out of nowhere is because people are greedy. Amd people want easy money. That is why a lot of these ICOs are effortless attemps to scam people who are new to this world and rip them off. That is the sad reality in the crypto world. Although not all of ICOs are scams or shittty projects, most of them really are.
member
Activity: 364
Merit: 12
The Most Profitable Mining Pool
This is the reality of crypto, everybody wants to win quickflip but its hard for everybody to distinguish which is which. If you are looking for an ICO , check their team first all in all, it will lead you to the right way. like Verify ICO now. COmpose of veterans in crypto payment portal in amazon and now launching ICO. be sure to at least check this ut for yourself, I indorse what I believe.
full member
Activity: 140
Merit: 100
ICO is initial coin offering and as you notice, these are always present when someone or a company starts to create their coins. Everyone is able to join and create their coin openly because the market does not cap the number of coins available but the value is never really high if their are no investors and users so the developers are conducting ICOs for an advertisement and market strategy.
sr. member
Activity: 742
Merit: 250
Hello,

I was wondering what ICO is ? and why every day there is new ICO coin thing is coming in the market claiming lot of things , lots of bonus , lots of coins etc .

I am still unable to understand what is going on .

if this will stay like this at the end of 2017 there will be thousands of ICO kind of things

Please help understanding this ?

Thank you
As far as I know, the ICO is an unregulated form by raising capital for a new Cryptocurrency venture. A stock promotion program, which is used by startups to bypass rigorous and regulated capital raising procedures required by venture capitalists or banks. They sell the Cryptocurrency to investors and in return they will get cash to invest in their other projects. Increasingly, ICOs and coins are becoming a problem in our community, and so many altcoins will undermine quality and value. The reason is that startup companies are increasingly starting to want to raise capital faster, so they use ICO, I think so
newbie
Activity: 42
Merit: 0
With the Initial Coin Offering you should research the project and decide if it is a good idea with a solid team - if you are cautious to invest you can earn from them by taking part of a bounty (if they have one) to earn from the project. One that has a decent bounty is trade.io 
sr. member
Activity: 532
Merit: 253
It is also an investment project, they created an ICO for a new cryptocurrencies with different products and usage that can be benefited with everyone of us especially if that ICO project is a success, it is maybe created everyday that's means that every investors or a team has different vision that the cryptos can offer to us.
member
Activity: 361
Merit: 10
BIB Exchange
ico is a coin offer every ico must have a new coin with their respective projects.
member
Activity: 210
Merit: 12
ICO's aka initial coin offerings, are different projects that a team of people develop and it's one way to make money by investing in them.
full member
Activity: 378
Merit: 104
ICO by meaning is what we so called the initial coin offering and this is a movement or an association which always find funds from investors to be given away to their respective campaign participant also they are giving away freebies and discounts sometimes in buying coin. And while browsing to an ICO i normally do is I read all thw whitepapers and platforms of that ICO to keep myself away from any kind of scams, because ICO always have many coins invested in every ICO because of the reason of this is that the ICO is hoping to be successful. To know more about ICOs and different kinds of coin, always do a research about that kind of things.
full member
Activity: 234
Merit: 100
Here is a good article on what ICO's are and what to look for

https://medium.com/@crowdholding/what-is-an-ico-and-should-dive-in-f712ffdef9eb
full member
Activity: 294
Merit: 114
Always do your research when looking into ICOs and make sure you take the time to read everything including white papers, who the dev team is what other projects they worked on, and if they actually exist.  There are a large amount of ICO scams out there. Be very careful.

I think reading whitepapers is important, but the most important thing is the testimony of users and investors. If we just look at the developer profile only, it can deceive us. Because who knows that ICO is falsifying their developer profile? Yes, we should read the news and always do the research as you say. But in my opinion, the testimony remains the most important.
newbie
Activity: 6
Merit: 0
The creating of a new coin is similar to starting up a new business. Most of them don�t have a future.
newbie
Activity: 38
Merit: 0
chimera
https://chimaera.io/token
TRUE BLOCKCHAIN GAMING PLATFORM
ICO PRE-SALE STARTS 23 OCTOBER @ 2PM UTC
copper member
Activity: 560
Merit: 253
Hello,

I was wondering what ICO is ? and why every day there is new ICO coin thing is coming in the market claiming lot of things , lots of bonus , lots of coins etc .

I am still unable to understand what is going on .

if this will stay like this at the end of 2017 there will be thousands of ICO kind of things

Please help understanding this ?

Thank you
In my opinion, an ICO is an event whereby a company generate funds for a certain project, some of the funds will be used for the development of the project. Early investors are offered bonuses, while the project might consider marketing their coin through bounty campaigns investors will be offered freebies for helping in marketing the project. The company/project usually brings forward a white paper outlining what their project is about and the technology in which it was built on.
copper member
Activity: 490
Merit: 105
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ICO are basically fresh coins that are yet to be launched in the market . As you know now what ICOs are from the answers above I would like you to also know that creating a new coin or being an investor of a new coin as risky as trading in a shitcoin. ICOs have been in the trend for quite a few months but then the China ban made a huge impact on the trend. Many ICOs have been raising funds from the investors and then scamming them later and running away with their money and that's why ICOs had been banned in China. Its a temporary ban though since they are planning out to regulate ICOs in their country which is major step towards better usage of cryptos in future.
sr. member
Activity: 560
Merit: 250
Hello,

I was wondering what ICO is ? and why every day there is new ICO coin thing is coming in the market claiming lot of things , lots of bonus , lots of coins etc .

I am still unable to understand what is going on .

if this will stay like this at the end of 2017 there will be thousands of ICO kind of things

Please help understanding this ?

Thank you


I am just like you always ask questions, until when they will always be there.
but so do humans are always growing and growing. it is a cycle for crypto. there is always a dead and new rise.
full member
Activity: 1386
Merit: 101
ComboLabs
Hello,

I was wondering what ICO is ? and why every day there is new ICO coin thing is coming in the market claiming lot of things , lots of bonus , lots of coins etc .

I am still unable to understand what is going on .

if this will stay like this at the end of 2017 there will be thousands of ICO kind of things

Please help understanding this ?

Thank you


I dont really know the same thing as you.
but this is it. an ico present is from the idea of ​​the manager and the person who has the capital. the same thing as the bitcoin first appeared. this makes them compete and participate in order to compete with bitcoin. bitcoin is the reference of allcoin.
and it must be known not all ico is successful and good. there are many who cheat also succeed.
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