Topic: Why Most ICOs Sales are Failing? - page 2. (Read 741 times)
The main reason is probably an estimate of the previous six months. Market fell, powerful ethereum price reduction, because the ico projects sold they eth(a lot has been sold by EOS). Besides, this area continues to be unregulated, for this reason, many funds fear this investment method.
Currently Lot of ICOs conducting Sales failed to reach hard cap. Some failed at Soft cap leading to reversing of Funds to investors. ICOs Like Civic , Codex , trivier, decibles, etc. It was also observed that Most projects delayed token distribution and Exchange Listing. SHOULD I say they are scared of been dumped. Some have been conducting Sales for over 6-7 months. generating all sorts of names just to raise Money,Which shows a clear signs that HARDCAP and SOFTCAP was Not archived.
What could possible be the reason behind this Failures ??
What could possible be the reason behind this Failures ??
Probably just because currently market isn't in great state. I remember at Q4 of 2017 there were alot of succesful ICOs that managed to raise several times after ICO, but market was in alot better state then it currently is. Now seems like whole market is falling or even lately stagnating which definitely effects ICOs. So with better market state we would definitely see better ICOs sale ratings.
Recently wrote an article about the need for a finished product in ICOs these days
https://medium.com/financex/the-evolution-of-icos-whats-changed-f3171201f7ff
https://medium.com/financex/the-evolution-of-icos-whats-changed-f3171201f7ff
I think 80% of ICOs fail because they can't do what they want, including the fraudsters, because they don't plan to do anything from start to finish.
Almost today, the project ideas are of poor quality and they have set up the ICO to raise capital, with the aim of earning income from investors and scamming new investors. This leads to too many poor quality ICOs and failure in the crypto market.
As you know there are a lot of new ICOs surfacing everyday. Its hard to succeed because of the competition and the fear of being scammed. And also many investors drop the coins after initial listing for a small amount of profit.
It happens due to the current market situation. People don't want to invest in ICOs because they are no longer profitable. Almost every project is dumping after the token listing and this is normal.
Now there are a lot of scams and many investors finally began to understand it and think more carefully before investing anywhere. Previously, this could earn much more than now
To my knowledge, I learned a lot about ICO last year and this year. If and in 2017 with a project no matter what you do about it, I'm sure it's easy to hit the soft-cap. Now, after investors understand the ICO more and more, they do not easily spend money on a project, they patience to learn and when they know it is not good, they will not invest in it.
I assume that the problem is not quite that. In 2017 there was no such amount of fraudulent ICOs.
Now there are some statistics that potential investors are probably viewing, and it is disappointing. So I'm for tight regulation in this field.
I think 80% of ICOs fail because they can't do what they want, including the fraudsters, because they don't plan to do anything from start to finish.
There is no specific reason for it. These coins fail to work with proper utilities and products and also couldn't attract investors. Also, there investment might not be that solid.
Investors are afraid of this market. I am also not investing in any project right now, because it is too risky. In 2017 you could invest in every ICO and get at least a small profit, but now it is different. You need to be very lucky to find an ICO that will be profitable at the end.
Early 2018, its good moment for many ICOs because most ICOs reach hard cap and at least reach soft cap. After that, its hard for ICOs developers reach their target because market condition. I think its because most investor prefer wait and see on market condition
people think ico is no longer profitable. because that's a lot of ico projects that failed. including me personally, when compared to last year almost all ICOs in this year did not generate profits for investors.
Because of the current market conditions, it is pretty hard to motivate all the investors to take part in ICOs. The main reason is the profit, and ICOs cannot guarantee this to their investors. Almost every project that is listed on exchanges directly losing its price.
To my knowledge, I learned a lot about ICO last year and this year. If and in 2017 with a project no matter what you do about it, I'm sure it's easy to hit the soft-cap. Now, after investors understand the ICO more and more, they do not easily spend money on a project, they patience to learn and when they know it is not good, they will not invest in it.
I think this depends on the project and the purpose itself whether it can be successful or not, other factors can come from their marketing activities that are not optimal.
Currently Lot of ICOs conducting Sales failed to reach hard cap. Some failed at Soft cap leading to reversing of Funds to investors. ICOs Like Civic , Codex , trivier, decibles, etc. It was also observed that Most projects delayed token distribution and Exchange Listing. SHOULD I say they are scared of been dumped. Some have been conducting Sales for over 6-7 months. generating all sorts of names just to raise Money,Which shows a clear signs that HARDCAP and SOFTCAP was Not archived.
What could possible be the reason behind this Failures ??
It is not really problem with ICO sales right now, it is mainly because the market is at a stagnant way where people do not really do anything, even the volumes are insanely low compared to what it used to be which means there isn't that much money in the market to begin with hence putting up ICO and than expecting funds are silly at these days. If there is no volume and money in the market how could people get into ICO's to fund them ?What could possible be the reason behind this Failures ??
They can't which means starting a new coin these days is a futile attempt and anyone who really believes in their coin should start it either some other way or at least wait a bit before starting it out. If you wait until the next bull comes around and everything goes up than there will be much more volume and everyone who either missed out on the bull or at least gained a bit and want some more will fund your project to make even more money.
There are many reasons, scam projects, fake team members, impossible visions, lack of marketing and partnerships, the project don't have enough quality so investors don't want to invest, the bear market also does bad effect to ICO market.
there are a lot of factors that make possible the failure of an ico project, one of which is as you explained, namely the team that works behind the project really only aims to raise money and then run away the money somewhere and not return it, it is usually called a scam projects, and other facts are the development teams working in the project have maximized their work and apparently the sales of tokens did not reach the desired target and they announced that the project FAILED was not a scam like the alphateca project which was completed a few months ago but the sales of tokens did not reach the target they wanted the development team and they announced that the project had failed and then they returned the investment money to investors who had invested in the project. and actually there are still possible causes of why there are so many ico who fail or even scam, but I also don't really understand the problem.
there is so much competition for Altcoin in this forum, making it difficult for each team to try to make their project successful in the ICO, it takes intelligence to promote their tokens so that investors are interested in buying, in addition they also need partners and sponsors to push the success of the project .
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