ICOs make Cryptomarket come crazy. You can see how much useless project just targeting overvalue cap but you dont know or sure the project will develop.
I mean, you can see ICO Project just repeating same concept and do effortless to convincing Investors what will they do.
Topic: What is the problem of trust in projects? - page 22. (Read 4214 times)
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.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
I don't think removing the ICO is a very nice move. It helps a lot of project generate funds which can be used for further developments of their products. Though, according to your statement, they should not pursue any project if they have no funds. If ICO promoters follow that suggestion and they won't have an ICO or a token sale, then I am afraid most of the valuable coins/cryptocurrency we have now could not have existed. Anyways, if customers has KYC, then ICO promoters and teams should do the same. They must pass some legality guidelines together wit the whole team and their whole project so that all ICO's can be filtered so as to separate possible scam from real ones. Some sort of a counterpart for KYC.
Actually does have some ICO is a scam, but I don't think all the ICO should be deleted, I think the government should introduce some control scheme, let the ICO is more formal, it will attract more investors.
Do not delete the ICO because they are where we make a living in many ways, if you delete the ICO you will probably delete the Crypto market too. The ICO will be suitable for some investors and Bounty campaign participants. So there are quite a few ways to make money, if the ICO finishes probably the Crypto market will end up with.
The question of which project to trust in so many projects is really important. But now the projects we have entered with a lot of confidence do not get a lot of investment because the market goes bad.
We can't remove ICOs but we can and actually should regulate them. As cryptos have become a part of our daily life, you can't remove any aspects which arose after that. The same thing as you can't prevent people from establishing fraud regular business in any sphere, but you can try to control them
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.
In my own opinion, there are 80% of ICO that are scams and unsuccessful that is why it us now risky to join and invest ICOs, and also a lot people complaining that ICOs are getting worst everytime it comes in the market. But we still need to believe that all ICOs will be all good someday. 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 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.
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 think ico is very profitable because it has great potential to make money and really helps others that they now understand the importance of researching what they invest.
You don't need to ban anything, all you need to do is to choose and be sure. ICO has its positive effect to people that will surely help one another. ICO is actually open to general public means anyone can partake if they get any funds that transferred. This will also help people through shaping the future of this entire ecosystem. The biggest help is that the tokens can be bought into the lower price. All you need to do is to be vigilant and do not trust people easily. All you need to is to remember that action speaks luoder than words. Do not trust people by there words.
The problem is that in our world, in every sphere of life, if there is some possibility to cheat, there will be people doing that...scam
that's right what you say. because the number of frauds in ICO that cause ICO good name can be destroyed. but not completely ICO is deceiving, because my experience playing in ICO not all do fraudThe problem is that in our world, in every sphere of life, if there is some possibility to cheat, there will be people doing that...scam
that's right what you say. because the number of frauds in ICO that cause ICO good name can be destroyed. but not completely ICO is deceiving, because my experience playing in ICO not all do fraudPretty 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.
Closing down all up and coming ICOs is no the best solution. There are very good projects emerging despite the tonnes of scam projects in the crypto world. I believe strict regulations of ICOs and strict KYC processes( applied to project managers) can help nip the scam projects in the bud.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.
Yah.. I agree in that, it depend how to manage the ico. Some project without KYC is higher chance to be scam project.
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.
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.
indeed currently the projects in circulation that many are fraudulent, because the more bitcoin rampant that can be profitable, so result in fraud projects. but in this way a good solution is not to eliminate ICO in my opinion, because ICO is also important for the development of crypto, it's just a lot of wrong use bitcoin.
You don't necessarily need an ICO to fund a project. I agree, its so difficult to differentiate lies from truth. There was a recent article that mentioned something about a self funded project. No ICO involved. I prefer this to be honest. There some sort of transparency to it. https://www.prnewswire.com/news-releases/announcing-bitcoin-origin-an-innovative-new-approach-to-blockchain-technology-300642320.html
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.
Closing down all up and coming ICOs is no the best solution. There are very good projects emerging despite the tonnes of scam projects in the crypto world. I believe strict regulations of ICOs and strict KYC processes( applied to project managers) can help nip the scam projects in the bud.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.
Actually does have some ICO is a scam, but I don't think all the ICO should be deleted, I think the government should introduce some control scheme, let the ICO is more formal, it will attract more investors.
ICOs are “following their intuition” by doing things their own way, without learning from the mistakes of the past ICOs. This is bad because we’ve seen lots of ICOs fail, without even reaching their minimum funding goal thus losing millions of dollars in Ether. 
Wow, okay... I will stop them right away! Come on, man. The problem does not lie within these projects, but within people. Why join? I would not take the risk and waste my time joining a project that even have a chance of being legit. If I get skeptical, then I will remove the idea out of my mind. If I want to join, I will read about it first, and see people's comments and then I will decide whether to join the project or not, as simple as that.
1. There's no way to stop ICOs right now but eventually the best will remain.
2. It's no problem if they have a good idea but they lack of source and funds. That's the main job of ICO to gather funds for the best ideas and innovation.
3. No one will buy useless tokens.
4. So remain silent and stick to bitcoin to reduce the worries.
2. It's no problem if they have a good idea but they lack of source and funds. That's the main job of ICO to gather funds for the best ideas and innovation.
3. No one will buy useless tokens.
4. So remain silent and stick to bitcoin to reduce the worries.
Actually does have some ICO is a scam, but I don't think all the ICO should be deleted, I think the government should introduce some control scheme, let the ICO is more formal, it will attract more investors.
For sure we just need strict regulations of ICOs and strict KYC proccess (for project managers and team of development I mean) can help nip the scam to the bud
The first priority you should give to a project is to check and observe the authenticity of the project and how responsive the project is? Now as we know that the current and modern market is full of technologies and now it has brought easiness for people or users. We have observed the authenticity of Bitcoin and other crypto coins therefore we come up with the results to invest in this authentic market.
i think the how managment and how the team are showing their presentation in the public that making the trusted project
You do not need to go to that trust stuff. Just enrich your mind about the technological knowledge and about the trading and market response during crash. Having said that, you will be able to make the important decision of how to invest and where or when to invest without having to worry about the fake fellas in the market who try to loot the newbie and fresh investors. Jump to: