Topic: Why Most ICO don't show the investment wallet address? - page 2. (Read 462 times)
I cannot catch the purpose of public showing my address, maybe they are worrying about security of investment money, it is not their money, it is money off investors. If I would gather money from the people, I would take every step that is needed in order to provide the security.
Because they don't want to take any risk if something going bad with their ICO address funds (e.g hacks). That's why they hide their ICO wallet address to prevent that and they will be only tell people who joined on their ICO white list.
Ico in 2017 are transparents. They show the wallet investment for public address. More developers made succesful ICOs like RLC, Populus, Crowdholding and ICOs in 2017 are more transaparents. Even ZDr than I underestimate show the wallet address. In the case of hacked, I think developers should know how to secure the wallet. I invested in RVT, Coss, Crowdholding and FYP and some others feel confidence because we monitor the progress. Whe the fund is increase we are happy because ICos reached the hardcap. Hardcap achievement is important for investors because we will know that the market reacts because of the start of ICo price. ICo price will down if bounty hunters sell the coin at low price. All investors will keep the coins or buy them if they know that the coin is under ICO price. Now We donlt know that ICO reached hardcap. the developers claim but the fact the price in the market very low and sometimes 90% under ICO price. This is because not transparant developers. Yes, they should be able to show every investment wallet however large in number it may be. It would certainly increase the transparency and hence the involvement of investors. Investors should too focus only on those transparent ICOs boycotting suspicious ones.
Great idea. To prevent scam ICos most members bitcointalk should boycot the ICO. i think the power of ICO now is from bitcointalk members. without bitcointalk members ICOs are nothing. They can't promote such a massive boom in social media and blogs. The worst they sometimes ignored bounty hunters when they made a lot of money. It is unfair. One word to say indicated and not transparant ICo " B O Y C O T "
We have seen so many ICO's scamming these days with statements like they were sold out in the "early pre-sale" or "sale for angel investors". I just stop following those projects if thy dont show the proofs to those claims.
I think it may be the strategy of their project to attract investors to invest, I see there is also a transparent ico, maybe this could be a good suggestion for ico project
IMO, the potential of the bounty project is not necessary to show the investment wallet address can also be recognised through the Token sale index. So you should not be so critical on the details that you should evaluate the potential ICO project across multiple factors to find potential ICOs instead of going into specifics.
Yes, I have seen many projects hiding their contact address and not showing it openly. That is a red flag indeed. They may be hiding it maybe because they are not recieving enough funds as expected.
Hiding token metrics is a bad thing in my opinion. I ll never invest in such a project.
Some may be hiding because of fear of regulation also, but anyway it's a red flag.
Hiding token metrics is a bad thing in my opinion. I ll never invest in such a project.
Some may be hiding because of fear of regulation also, but anyway it's a red flag.
This is a suspicious act. Most ICo don't show the wallet of investment? Why they claim have made succesful presale but no wallet to proof that. Why Most ICo fail they are not transparant. Transpancy is one of the cryptocurrency concept. I think they deceive investors by doing that not showing investment wallet address for public.
Yes i understand what we want is transparency because it will boost the investors confidence.
If you want to running some ICO, makes sure you give your public sale address so you can gain your investors trust.
Now ico does not use only one address for fundraising. Instead, it distributes different addresses to each person and then summarizes them themselves, but it does not tell investors where their funds are. This is an opaque performance that cannot be supervised.
I also wonder ICO ann just for about a week and stated that they have made succesful presale. It is a kind of public fake statment. They also claim that they have made million USD. The worst is that many people still trust the ICO and invest. When the ICO ends the coin in the market under ICO price , I think it is because fake investment report. Market is more honest than fake developers.
not all ICO really care about ANN or any other forum, this is just a part of an awareness concern. Look at Solana, Hadron and the likes, they are more active in developing the internal project rather than marketing. Don't generalize the concept when a few lures and use this kind of fraud. There is so much more your nee to know.
Because they don't want to take any risk if something going bad with their ICO address funds (e.g hacks). That's why they hide their ICO wallet address to prevent that and they will be only tell people who joined on their ICO white list.
I think that in the case of their hard cap target cannot be filled full but they still want to run their project, so hide the investment wallet address is the first step must do. Investors just see what they want to see 
it will attract more investors when they think that the project is invested a lot.
it will attract more investors when they think that the project is invested a lot.
This is why making utmost personal research is the best before participants invest or join an ico
You need to check email through the product , their transparency and credibility report too
And also monitor the roadmap development too
You need to check email through the product , their transparency and credibility report too
And also monitor the roadmap development too
Yes, they should be able to show every investment wallet however large in number it may be. It would certainly increase the transparency and hence the involvement of investors. Investors should too focus only on those transparent ICOs boycotting suspicious ones.
This is a suspicious act. Most ICo don't show the wallet of investment? Why they claim have made succesful presale but no wallet to proof that. Why Most ICo fail they are not transparant. Transpancy is one of the cryptocurrency concept. I think they deceive investors by doing that not showing investment wallet address for public.
Lack of transparency i suppose but have you tried to track it through the sign up to the token sale portal? I think you can try to use that way to track the wallet but it looks like it will not so easy. at least they must be honest to make their wallet become transparent for everyone.
I agree with your opinion why they are not transparent, or they hide something to deceive the investors and nobody knows, we can give suggestion to ico project, maybe we hope for the future ico more transparent.
My attitude towards ico is that I have to figure out what I don't understand. If I ask them, they don't give me a clear answer, or they have a series of plans, roadmaps, etc., which are not clear. I think it is very likely to be a scam.
Market is more honest than fake developers.
Sad reality.
I must say, almost 97 percent of today's ICO fell down when they get listed in an exchange. First, because we are currently on a bear market and second, the team are not transparent enough, and third, the ICO Project don't really have a real-world usage.
There are ICOs that are showing the wallet address of the total investment so if the ICO you are longing to join isn't transparent with their reports and your concern, just simply don't join.
You need to be wiser with the hard earned money you want to invest in ICOs or you must take a closer look to trading.
You are investing to an ICO that will soon be traded on exchange so to avoid yourself from such scams instead of worrying about that and investing to ICO, invest in trading.
You need to be wiser with the hard earned money you want to invest in ICOs or you must take a closer look to trading.
You are investing to an ICO that will soon be traded on exchange so to avoid yourself from such scams instead of worrying about that and investing to ICO, invest in trading.
ICOs need to be regulated by external bodies or their funds need to be made public before every investors can have confidence in them.Most times it is misleading claims they make to attract people to invest in them.
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