What is the problem of trust in projects? - page 17.

Raven91

sr. member

Activity: 518

Merit: 250

Quote from: googs84 on April 27, 2018, 10:44:05 AM

Pretty good idea to close the ICO's as they are actually becoming the viruses of crypto world.

In addition to this they shovel just keep the other tokens which are already present in the CMC now so that we can focus on these tokens and people can actually put real value to them. I mean everything will get focused on them and not the junk that is coming every other day in the market.

Then that would be the best way to run crypto currency market. ICO's are really really worst these days.

I think, closing all of the ICO is not a good idea. Remember that advertising new ICO makes the cryptocurrency scene to become more effective. Maybe person's being scammed because they don't have the right idea where to invest.

JostikSSS

jr. member

Activity: 73

Merit: 8

Think about these figures and these are just statistics for the first months of this year. Definitely need to reduce the number of ICO because of the number of distrust is growing every day

In the first quarter of 2018, 412 projects collected $3 331 005 381. Compared to the fourth quarter of 2017, there is an increase of 5%. ICO are taken into account, which have already completed the rounds of collection in 2018
Only half of the projects were able to raise more than $ 100,000.
In summer, sponsorship fell by half, compared to winter and spring. The statistics do not include Telegram (TON), which received $1.7 billion — this is more than half of the funds collected by 412 projects in 3 months. What will happen next nobody knows, but it is something to do

TANGERE

newbie

Activity: 14

Merit: 0

in all probability result may well be ICOs being completely controlled which would be sufficient to frighten away the con artists and crappy undertakings. in principle an ICO is a substantial course, yet the manner in which it's done presently is rancid to the point that it won't be allowed to proceed. I expect we'll see completely endorsed ICOs influenced accessible to real financial specialists and the poo to will keep on stinking without end in the shadows, however the times of mass exposure pulling in many millions from arbitrary nitwits are arriving at an end.

Veeggaa

newbie

Activity: 40

Merit: 0

For me, although there have been many ICOs in recent months that have scam and hurt many parties. We are hard to stop it. But do not hesitate to be a good ICO and have great goals. There are still many honest ICO there. So do not think that all the ICO's are negative. Keep thinking positively. That's just my opinion. Any thought?

Gramna

member

Activity: 197

Merit: 16

I understand where you are coming from, there is indeed a lot of ICO projects out there that are scams and it is even one of the main reason why crypto currencies are being tagged as scams. But then again, there are great ICO projects as well, the real ones, so I don't think it is fair to just delete them or ban them all together. What we can do is really have thorough research first before investing your time, energy and effort into any project, we can still do something to mitigate the problem so let's not just give up on it.

Luthfiyaaa

full member

Activity: 468

Merit: 100

there are indeed a lot of project fraud going on. but trust depends on the project team itself. we as a bounty hunter who works with several projects, should also help to succeed the project and make investors believe the project will be successful. trust issues can be resolved if the project is not scam and successful.

jane05

newbie

Activity: 32

Merit: 0

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

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.

I agree also the team won't give any details about their profile which is the most important thing that the project will introduce. It's hard to know if how will we going to see what project is legit.

hdueuieo123

newbie

Activity: 27

Merit: 0

Human psychology is afraid of losing what they have. It is true that there are many phishing projects that are rampant, but the more afraid they are, the more they want to keep. So they have many ways to know whether the project is risky or not. They learn and become smarter. There is a good saying, "Be fearful when others are greedy. Be greedy when others fear."

milahermina

brand new

Activity: 0

Merit: 0

It's important for project managers to know what direction to take in pre-defined "what-if" scenarios. If contingencies are not identified, the entire project can become mired in an unexpected set of problems. Asking others to identify potential problem areas can lead to a smoothe and successful project.

raidarksword

member

Activity: 2044

Merit: 16

Because of greeds ICO scams are blatantly spreading all over forums and social medias and it makes so sad because it's degrading the value of blockchain technology projects that triggers investors not to participate anymore on ICO projects nowadays. Hopefully this will be taken actions for the sake of other legit projects to come.

mokamoka

newbie

Activity: 28

Merit: 0

for example, the continuously delay in ICO will lose trust and the change of adm in telegram group will also make the situation worse.

feverpitch

full member

Activity: 379

Merit: 100

In my opinion the first thing about the count of projects. Every day is a great 1 million maybe and people don't believe that it can be true, to get free coins. Everyone knows that free cheese is not fresh cheese. So profit you can get this very small end not real.

obiotic

newbie

Activity: 8

Merit: 0

Project managers provide direction at every step of the project, so each team leader knows what's expected. Effective communication to everyone involved in the project is crucial to its successful completion.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

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.

Many scam ICOs doesnt mean all ICO scam. Many ICOs have good project and they delivery their roadmap and give big profits to ICO participant. We should always carefull when join on ICOs. The best when we can do when join on ICOs is always searching about their team and developers team.

feverpitch

full member

Activity: 379

Merit: 100

I can suppose that the current market price condition is affecting people to make a conclusion that all of the market projects are unsuccessful right now

cah ndablek

full member

Activity: 448

Merit: 100

I think with problems like this actually bad impact on the hunter in the next few months because in the affairs of earnings increasingly difficult and the time needed in completing the campaign relatively long.From there a person's economy becomes obstacles that must be overcome.

roxbit

member

Activity: 294

Merit: 10

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

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.

Sad, but it is actually happening now. Fake ICOs are not that easy to spot, as some believe themselves that they are legitimate. What you should be looking for is proof of endorsements and involvement from reputable figures, as well as a legitimate team. Let us all be careful in choosing a good ICO to stop these fake ones of getting our money from us.

Nyenyepogi

full member

Activity: 378

Merit: 100

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

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.

There's a lot of ICO out there so the best way we can do is to make own research before investing because it's hard to determine if the project is scam so be alert at all times because when choosing a good ICO there's a lot of step before we truly trust it and We cannot stop them to make another crypto, so in a way we need to be intelligent when picking.

PIR

member

Activity: 322

Merit: 10

CRYPTOBLADES Octoblades 10.10

We can't blame anyone if they're not easily give that trust to any ico project maybe because some of them had previous experienced that is not good and sometimes they feel as though the more you invest and wait for the ico project to succeed all the more they get scam.They waited long enough that is why...but still not all ico project end up so badly there are still some who really trying to make up despite the losses and the delays.. so keep trying and somehow hope for the best.

EVOS

newbie

Activity: 141

Merit: 0

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

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.

Many have stopped them, but wherever there is a crime there is and it is difficult to abolish completely. So we have to be careful and learn more about choosing a good and trusted ICO. Come on, don't despair and blame all the ICO.

Topic: What is the problem of trust in projects? - page 17. (Read 4206 times)