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Topic: What is the problem of trust in projects? (Read 4214 times)

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
April 12, 2019, 04:44:36 AM
Well, good thing is that you cannot remove ICO just like that. It is not like an employee you can hire and fire whenever you want.. You can make it better and safer but you cannot stop it just on your own .
copper member
Activity: 336
Merit: 1
Some greedy people can do anything for money even when it means defrauding others of their hard earned moneies through fake icos.
And some of these scam icos come well packed and covering all bases that it would take an extra invesgative effort to know the project is scam.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
Topeka is almost a year old, and as we can see ICOs have become much less popular than before, they were replaced by a more advanced form of fundraising. Only a year has passed and the market has already changed for the better.
Topic is old but still relevant until now.
Most of the project in ICO has no success with its price appreciation, and maybe we can only name less than hundred of thousands of project
that was undergone an ICO from the date of inception of this thread until now.

Based on what I read, 90% of ICO are scams, that figure is very serious, it will hurt the crypto space because the last time we have a bull run, we raise a big money to flow in the market coming from ICO.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
Topeka is almost a year old, and as we can see ICOs have become much less popular than before, they were replaced by a more advanced form of fundraising. Only a year has passed and the market has already changed for the better.
full member
Activity: 490
Merit: 100
ICOs are ending soon.

But the scammers can look again with the opportunity with the new IEO.
They will do everything just for the sake of money. It doesn't matter how great the system is, they will do as much as possible just to rob our money.

Also on this time people not more invest in ICO as in past, they watch before and wait to see if really worth and more people will invest in old projects, like ETH, Bitcoin and other top coins because this already have an history and don't fail over time.
Well, we are talking about ICO and it feels weird to compare those with ETH and Bitcoin where it's already been proven with its greatness on cryptocurrency.

it's very rare now to find projects that will give us profit when they listed in exchanges.almost 90 % could not give profit to their investors and its very sad make new investors cancel to put their investment.
Yes, most of them once listed in exchanges are falling by 80% which is really disappointing for early investors.
I think it is not now falling but it is on recovery, 80 percent is not so good but if it is all about increase of the price, early investors should keep one things in mind that never panic if the price is low then have patience and wait until the price become high, bitcoin is the best coin to buy which has high potential I am sure price fall will be recovered more than double very soon.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
ICOs are ending soon.

But the scammers can look again with the opportunity with the new IEO.
They will do everything just for the sake of money. It doesn't matter how great the system is, they will do as much as possible just to rob our money.

Also on this time people not more invest in ICO as in past, they watch before and wait to see if really worth and more people will invest in old projects, like ETH, Bitcoin and other top coins because this already have an history and don't fail over time.
Well, we are talking about ICO and it feels weird to compare those with ETH and Bitcoin where it's already been proven with its greatness on cryptocurrency.

it's very rare now to find projects that will give us profit when they listed in exchanges.almost 90 % could not give profit to their investors and its very sad make new investors cancel to put their investment.
Yes, most of them once listed in exchanges are falling by 80% which is really disappointing for early investors.
full member
Activity: 602
Merit: 100
There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.



Agree, and that's why most of excited investors are participating IEO. It has less risk and the hype is great in there that gets completed in their softcap or hardcap in less than a day. All those projects that pops up everyday will always justify their need for money to speed up their development but investors can't guarantee that it will a successful or even have the quality to compete with other projects.
member
Activity: 251
Merit: 10
ICOs are ending soon.

But the scammers can look again with the opportunity with the new IEO.
The scammers will come up with something or the other and run away with millions in a short period of time and there is nothing that can be done against this, there are a few good projects i have seen in this market so far and the rest are just replicas and scams, the projects who are sourcing the funds must be transparent on their plans and there must be an authority to over look the project status and make sure they are carrying out what they started out.
yes we must be able to carefully choose a good project before we are involved to invest in it. most projects have been successful so far, because they have a strong team and have development goals for the project they will work on. However, we must be wary of scammers, some of whom are able to deceive many people by offering huge profits that can be obtained for investors who put money in it, but in the end the fake team on the project can easily leave after getting a large amount of money collected and able escape without accountability to the people involved in the project
full member
Activity: 736
Merit: 100
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Also on this time people not more invest in ICO as in past, they watch before and wait to see if really worth and more people will invest in old projects, like ETH, Bitcoin and other top coins because this already have an history and don't fail over time.
Yes, the people nowadays are not spending their money for different ICO but they are now usually prefer to buy it on the listed exchange after the ICO completion on which they have an possibility to get it in low price and they can know the popularity of it in the market on which can help them to decide easily and get those only potential tokens.
hero member
Activity: 1414
Merit: 516
Also on this time people not more invest in ICO as in past, they watch before and wait to see if really worth and more people will invest in old projects, like ETH, Bitcoin and other top coins because this already have an history and don't fail over time.
copper member
Activity: 182
Merit: 18
Crypto.BI
Regulation in the cryptocurrency space can help to reduce the number of scammers on the increase, several project has failed, but with strategic research we can be sure to source for profitable project by good developers, reason why the team and there partners are important before you consider to invest.
The problem that is happening now is the decline in trust in the crypto project, including ICOs that have failed or many frauds which have resulted in pessimistic people.
Even though a coin can appear on the crypto market through ICO that is held correctly, honestly, and on time so that the developers and workers involved benefit from each other.
Yes, too many ICOs are failing and deceiving at the moment, making a lot of losses for Investors and Bounty hunters, so I hope there will be strict regulations for the ICO this year.

Do ICO's fail more than regular startups do?

I think ICO failures is unfairly being attributed to crypto.

I'd be willing to bet that regularly funded projects and ICO's fail at the same rate. ICO's just get more attention because it's the new new crypto thing.
member
Activity: 336
Merit: 10
Regulation in the cryptocurrency space can help to reduce the number of scammers on the increase, several project has failed, but with strategic research we can be sure to source for profitable project by good developers, reason why the team and there partners are important before you consider to invest.
The problem that is happening now is the decline in trust in the crypto project, including ICOs that have failed or many frauds which have resulted in pessimistic people.
Even though a coin can appear on the crypto market through ICO that is held correctly, honestly, and on time so that the developers and workers involved benefit from each other.
Yes, too many ICOs are failing and deceiving at the moment, making a lot of losses for Investors and Bounty hunters, so I hope there will be strict regulations for the ICO this year.
sr. member
Activity: 1610
Merit: 406
PredX - AI-Powered Prediction Market
I would like to give an example. Let's say you join 10 ico in a month if you are rich. Somewhat in harm. but if someone comes out scam when you join 2 or 3 iico. there is no other caren except praying.
nowadays it is very difficult to find ico or projects that we will follow at this time we have to do enough research and research before participating in investing
most projects are currently experiencing a scam. so for those of us who are researching a project it is quite difficult. the problem is the things that indicate the project is a scam cannot be investigated. so it's really difficult to distinguish between scam projects.
hero member
Activity: 1134
Merit: 500
There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.


Without ico there is no altcoin. We have a problem of trust that is true, but still nobody mentioned all the success projects. There are not all scams!!!
member
Activity: 770
Merit: 10
https://streamies.io/
I agree with your opinion. I think ICO should be closed and IEO should be supported more. ICO projects are now very bad and almost no longer create the attention of investors.
It has caused too much loss for investors.
member
Activity: 349
Merit: 10
Regulation in the cryptocurrency space can help to reduce the number of scammers on the increase, several project has failed, but with strategic research we can be sure to source for profitable project by good developers, reason why the team and there partners are important before you consider to invest.
The problem that is happening now is the decline in trust in the crypto project, including ICOs that have failed or many frauds which have resulted in pessimistic people.
Even though a coin can appear on the crypto market through ICO that is held correctly, honestly, and on time so that the developers and workers involved benefit from each other.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
ICOs are ending soon.

But the scammers can look again with the opportunity with the new IEO.
well, actually it's very difficult to be a scam when choosing ICO compared to ICO. however, it can be a scam depending on the person managing it. the only problem in this case is, it is very difficult to find a project that really works as expected.
That's the difficult thing, choosing the ICO you will invest because most of them now are scams.

Before choosing one, look at many things before trusting them your money as recommended always. Think about their team, plan, and lately, I was thinking they are saying 'MVP'. Is this their new marketing strategy?
full member
Activity: 910
Merit: 100
Yes, indeed, the problem of scam projects is very serious. And every day their number is growing. Scam can be avoided at all only if you don't participate in any project at all, or participate in time-and-business-tested ones. I, unfortunately, was a member of several scam projects, although I studied them very carefully before that. It is quite difficult to know, so I would be glad to have some kind of regulator.
member
Activity: 546
Merit: 32
Yes everyone giving the hundred percent trust while they are entering into a good project because everyone wants to be a good chance taker in the project so if it is possible then the possibility of Getting their profit are also higher in this time that's why I thinking of involving into a project is important.
hero member
Activity: 1820
Merit: 747
ICOs are ending soon.

But the scammers can look again with the opportunity with the new IEO.
well, actually it's very difficult to be a scam when choosing ICO compared to ICO. however, it can be a scam depending on the person managing it. the only problem in this case is, it is very difficult to find a project that really works as expected.
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