Unfortunately, the percentage of such ICOS that turn out to be scams is growing every day. Now perhaps he more than 65%. I don't like it, but you can't get away with it.
I think now on the contrary Scam in ico about 95, very few projects that really do something, most want to just make money and go into the shadows , and it certainly deters many to invest in ico ! 
Topic: Why Most ICO's are SCAM ? (Read 4476 times)
Unfortunately, the percentage of such ICOS that turn out to be scams is growing every day. Now perhaps he more than 65%. I don't like it, but you can't get away with it.
Actually, I don't want to recognize these, but, this is unfortunately the fact. We may avoid this condition, but seeing the projects so far, many of them are being like this. We can see how many ICOs that extend their projects or failed, although they are not scams, but they are failed. I think that they need to make more interesting concept before creating an ICO.
I think smart investor even in 2017 saw obvious scam and not invest.
Only good projects deserve money.
And there is good projects.
With less money to give, I think ICO will become better in 2019
Only good projects deserve money.
And there is good projects.
With less money to give, I think ICO will become better in 2019
Of course, many investors are really disappointed with the current situation in the crypto market. After all, different developers are cheating investors, they are only thinking about getting money. They just want to get investment and do not think about the development of the project. But even in such market conditions there are opportunities to find profitable ICOs with excellent potential for development and success.
The more scams of projects, the less is believed in good projects with a conscientious team. Bad projects remember longer than good ones.yes you are right, investors' trust in investing in the ico project will be reduced if many ico continue to scam. but smart investors also will not arbitrarily choose ico for investment. one way to succeed when investing in ico is to look at sales and roadmap. ico is good luck, the cryptocurrency is likely to be a huge scam, so be careful.
Please, suggest me some good ICOs passed analysis according to topicstarter list.
I can list just 5 projects at the moment and as for bounties,situation is even worse.
At least one project that is good for everyone, you know. This one whose signature he wears. I can list just 5 projects at the moment and as for bounties,situation is even worse.
Because they can.
People throw their money at them without doing research.
Of course scammers will take advantage.
I'm actually shocked at the amount of HONEST ICO-s considering how easy it is to scam crypto speculators.
People throw their money at them without doing research.
Of course scammers will take advantage.
I'm actually shocked at the amount of HONEST ICO-s considering how easy it is to scam crypto speculators.
many devious and mischievous developers who want to earn money by cheating, this is a crime in the ico project, and we must be really mature when investing in ico.
Of course, all this comes only from the fact that in many countries today there is no legislative basis for the proper regulation of cryptocurrencies, because today cryptocurrencies and operations with cryptocurrencies in a neutral state. I think this is all for this reason.Of course, many investors are really disappointed with the current situation in the crypto market. After all, different developers are cheating investors, they are only thinking about getting money. They just want to get investment and do not think about the development of the project. But even in such market conditions there are opportunities to find profitable ICOs with excellent potential for development and success.
The more scams of projects, the less is believed in good projects with a conscientious team. Bad projects remember longer than good ones. 
There are a lot of scams on the cryptocurrency market because they are very difficult to track down and punish. In order not to fall for their tricks and not to lose money, it is necessary to carefully analyze projects, communicate with the team and monitor their development.
I think that the main reason that stands behind this is that people are blindly investing in every project. They do not want to check anything, they just want to gain profit. There are projects that are using this to make money.
IMO the other things that can make ICO are turned into scam are because some past investor are just like a little bit disappointment with how the project are performing after ICO. The hype on the last years on ICO things was very crazy, but the result are so imbalance compared to the their roadmap.
The most difficult aspect to comprehend for a significant number of investors is that most icos do not turn into a scam, most icos were created from the very beginning with the intention of scamming the investors, developers never had any intention of delivering on any of the promises that they made on the white paper, their website or in any other communication channel that they opened. 
Shortly: because they can easily and quickly collect enough money without any punishment. There is no buyer protection, no regulations, completely free market.
And as far as I know today, even the SEC cannot do anything about it, there was also a lot of information on the forum about how to work with projects correctly and how to make a choice, but still this is a matter of chance.
That's quite a serious topic to discuss. Long story short, both fraudulent ICOs and incompetent investors are the result of such losses. The first should know why and what for they need every single $ raised during ICO; also, they should be probably professionals if they want to succeed. The second (investors) should pay more attention to the research and details such as team background, experience, business model and other stuff, and finally invest. I mean, of course, there are many initially scam teams but it's always investors responsibility to properly do and analyze the research.
Speaking of legit ICOs I wanted to add MobileGo as an example, but topic starter already included it tho. Have a good luck with your investments guys!
Speaking of legit ICOs I wanted to add MobileGo as an example, but topic starter already included it tho. Have a good luck with your investments guys!
I fully agree with this statement. In fact, it is strange to see that many projects are trying to get investment and develop without even offering a website or some kind of finished product. I really hope that over time, investors will become smarter, they will not give a chance to scammers.
Please, suggest me some good ICOs passed analysis according to topicstarter list.
I can list just 5 projects at the moment and as for bounties,situation is even worse.
I can list just 5 projects at the moment and as for bounties,situation is even worse.
Shortly: because they can easily and quickly collect enough money without any punishment. There is no buyer protection, no regulations, completely free market.
Do you know that most of the ICO's are scam .
Well if you don't here are some reasons behind it :-
1.) Most of these ICO's have no business model
2.) Most of these ICO's would never be profitable
3.) High Market cap for a project / ICO with no development , code or any past experiences
4.) Most of them have a 1 year roadmap which means no vision
5.) 5 months of hard work and for that they get Millions in funding
6.) Dumb people running the shitshow
7.) Behind the scenes it is all about Money
What makes an ICO legit ?
1.) Working product
2.) Practical Use case
3.) Legit Team
4.) Limited Funding ( Based upon Fair Market valuation )
Why are these days ICO raising so much money ?
Answer :- People are dumb and greedy they want to invest in the next ETH , STRATIS , WINGS , EDG , IOTA , XEL but they do not understand that Stratis had less than 1000 contributors and most of these ICO's happened during bear season when most of the people were not active in the scene .
Should I invest in ICO's ?
Yes , some ICO's are legit and can be good investments such as MobileGo , Edgeless , Civic etc which can yield you good ROI in long term but then always due diligence is important .
Should I invest in ICO's with high marketcap ?
No , High marketcap means a lot of people have invested in an ICO seeking for quick buck or the ICO team has been dependent on marketing to get more investors which makes a lot of weak hands so when the marketcap is not able to sustain the demand and supply the price will likely go down . When the price goes down is the time to invest but not during the ICO .
I fomo like a noob during ICO as I don't want to miss it .
Well then you are a fuking sheep who want to buy in today and be a millionaire tomorrow well it does not work that way , you can always buy after it hits the exchange . Always have a good risk management system in place where you are able to manage your risk/reward ratio according to your portfolio .
Always :- Ask tough questions to the team and you will know the reality
Best Regards ,
VerthagOG
Well if you don't here are some reasons behind it :-
1.) Most of these ICO's have no business model
2.) Most of these ICO's would never be profitable
3.) High Market cap for a project / ICO with no development , code or any past experiences
4.) Most of them have a 1 year roadmap which means no vision
5.) 5 months of hard work and for that they get Millions in funding
6.) Dumb people running the shitshow
7.) Behind the scenes it is all about Money
What makes an ICO legit ?
1.) Working product
2.) Practical Use case
3.) Legit Team
4.) Limited Funding ( Based upon Fair Market valuation )
Why are these days ICO raising so much money ?
Answer :- People are dumb and greedy they want to invest in the next ETH , STRATIS , WINGS , EDG , IOTA , XEL but they do not understand that Stratis had less than 1000 contributors and most of these ICO's happened during bear season when most of the people were not active in the scene .
Should I invest in ICO's ?
Yes , some ICO's are legit and can be good investments such as MobileGo , Edgeless , Civic etc which can yield you good ROI in long term but then always due diligence is important .
Should I invest in ICO's with high marketcap ?
No , High marketcap means a lot of people have invested in an ICO seeking for quick buck or the ICO team has been dependent on marketing to get more investors which makes a lot of weak hands so when the marketcap is not able to sustain the demand and supply the price will likely go down . When the price goes down is the time to invest but not during the ICO .
I fomo like a noob during ICO as I don't want to miss it .
Well then you are a fuking sheep who want to buy in today and be a millionaire tomorrow well it does not work that way , you can always buy after it hits the exchange . Always have a good risk management system in place where you are able to manage your risk/reward ratio according to your portfolio .
Always :- Ask tough questions to the team and you will know the reality
Best Regards ,
VerthagOG
Everyone is trying to take advantage of the momentum right now. My strategy is the same for all investments whether cryptocurrency, stocks, and startups.
First and foremost:
Team
First and foremost, I invest in people. The questions I ask are:
Traction
Traction enables me to understand someone's passion, hustle, and results over a period of time. The question I ask here is:
Idea / Concept
It's never about the idea. It's always about the execution. Hence why this ranks lower than traction. The questions I ask are:
The answers to all of these questions give me a good sense on whether or not I should invest. While it is still possible to make money from momentum investing, I recommend everyone employing due diligence and ask the same questions above prior to making an investment.
First and foremost:
- Team
- Traction
- Idea / Concept
Team
First and foremost, I invest in people. The questions I ask are:
- Are these individuals I can trust and share the same values with?
- What experience does the team have in this space?
Traction
Traction enables me to understand someone's passion, hustle, and results over a period of time. The question I ask here is:
- What traction has the team achieved over the past quarter, six months, etc?
Idea / Concept
It's never about the idea. It's always about the execution. Hence why this ranks lower than traction. The questions I ask are:
- What problem does this solve?
- Is this an idea that I'm passionate about and care offer value to?
- Is the idea / concept aligned with my values?
The answers to all of these questions give me a good sense on whether or not I should invest. While it is still possible to make money from momentum investing, I recommend everyone employing due diligence and ask the same questions above prior to making an investment.
I continue to believe that today the ICO market is really of great importance for cryptography and the entire digital society. Therefore, I continue to regularly invest part of my money here. Not all projects here are scammers, there are really useful and promising technologies.
many devious and mischievous developers who want to earn money by cheating, this is a crime in the ico project, and we must be really mature when investing in ico.
Of course, all this comes only from the fact that in many countries today there is no legislative basis for the proper regulation of cryptocurrencies, because today cryptocurrencies and operations with cryptocurrencies in a neutral state. I think this is all for this reason.
Of course, many investors are really disappointed with the current situation in the crypto market. After all, different developers are cheating investors, they are only thinking about getting money. They just want to get investment and do not think about the development of the project. But even in such market conditions there are opportunities to find profitable ICOs with excellent potential for development and success.
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