Topic: Why so many ico's?? - page 2. (Read 326 times)
Because ico is the best place to raise funds in the market, not bound by any individuals or government of the place of release. So many ico came out in there ico scams. They always seek to take away our capital.
Because anyone can set up an ICO and that's why I think some countries stop their citizens from participating in them as there are too many fake icos this days ...
indeed now many ICO’s are popping up and so I see also many new Altcoin emerging and can invest in Cryptocurrency with long-term hence from that now many ICO are popping and if you want to invest in ICO you have to be careful especially nowadays many projects are dead
In my opinion, There are many others who spread it in the gift of altcoin Most of these cases are unsuccessful ,
and many scam ico so many people also lose money and lose their investment. so be careful before joining ICO.
and many scam ico so many people also lose money and lose their investment. so be careful before joining ICO.
Yeah it's very easy to make an ICO, that's why we keep on seeing new ICO being launched everyday, making ICO is easy but to make it successful is very difficult, some people thought that making ICO would make them rich instantly, but in reality most of the ICO is failed and get abandon
To make an ICO is easy, all whan you really need is an ANN on bitcointalk. Of course, to make a successful ICO you need a bit more, but still nothing which is too difficult. A little team and some work - and that's it. Of course, many ICOs are just scams because of that.
Most of the ICOs are just scam these days because anybody can create a token without any proper coding knwoledge and few bunch of college kids can gather together put few hundred bucks to design their ICO website (free template works) and make their token in ethereum (free guide on how to do it available) than start promoting their shit as promising ICO.
They will just run away with all collected money, only few ICO which are ran by registered business or quite talented developers get success so you have to figure out which one is worth investing.
They will just run away with all collected money, only few ICO which are ran by registered business or quite talented developers get success so you have to figure out which one is worth investing.
Because 90% of them are scam and the others are hoping to build a +100000% project to be Billionaire
When i see the dozens of ico's everyday i ask directly a simple question...Is it easy to this degree to make a ico??
Compared to conventional methods of funding, creating an ico is very easy. It has allowed for a marketplace that is overrun with half baked ideas, and companies that at times have little more than ideas based loosely on blockchain innovations. So, simply put, it is very easy to make an ico.
There is so many ico's because peoples have many ideas and they want to make profits from it and some of these people are scamers who wants to steal others hard work .
Anyway the crypto world will negativly afected by those dozen of scamers
Investors must know Where they put their money
Investors must know Where they put their money
A lot of people are now using icos as the new way to crowdfund for their business ideas instead of having to go to individual investors they can just make a coin and get a bunch of people to invest towards the success of the project. There is also the fact that there is a lot of money to be made from icos and people are now using it as a get rich quick scheme
Everyone wants to raise funds for their projects, but most of these projects are all fail, but many people just believe in a miracle and invest there their money, as easilycan lose
Now there are very few good ico, an interesting idea is needed to hold one, and serious preparation, well, and already some kind of capital. Now there are a lot of scammers and to any ico, I already feel apprehensive.
When i see the dozens of ico's everyday i ask directly a simple question...Is it easy to this degree to make a ico??
It is extremely easy.
You can do it yourself if you are skilled enough.
And it is a REALLY easy way of getting funds for your idea/project.
Also, it is hard to trace back scams, so I would not be surprised if that would be a small reason why there are so many ICOs.
When i see the dozens of ico's everyday i ask directly a simple question...Is it easy to this degree to make a ico??
There are several reasons why there are many ICO's created and i think there are already thousands of it. One of the reason is because many people saw the opportunity in Cryptocurrency and people would obviously gain benefits and they could earn at least 5-10 times unlike being a regular employee or a small-time businessmen if they enter the crypto industry. However, you also have to be aware that a lot of this ICO's are fakes and was created to take advantage and deceive people. Now, to your question, is it easy. Of course not. Whether creating a legit ICO with great team members or a fake ICO. Both still requires effort and patience. That is why, its very important that we should take a good look to an ICO. Read their whitepaper and check their website and pages first before making a decision to participate.
It is difficult to answer the question whether it is good or bad that dozens of new ICO appear daily. My personal opinion is that this is normal. Since the crypto-currency market is still young and it is only gaining momentum, therefore it is obliged to meet the needs of users in all spheres of life. It is bad, of course, when people from selfish goals use the ICO program and purposefully try to deceive people. For such things I hands and with their feet against. And if the project is promising, its idea is thought out from beginning to end and for its implementation it simply does not have enough funds, so it uses ICO, then of course this is normal. And most importantly, it does not harm anyone, only for the benefit and development of all mankind!
To make new token this isnt very hard work. Ethereum platform made it even easier. Now many are teaming up consisting five or six members and launching there own coins.
When i see the dozens of ico's everyday i ask directly a simple question...Is it easy to this degree to make a ico??
Just have your team have 5 people and can set up an ICO project. Currently there are thousands of ICO projects and most of them are scam and want to make money from investors. Initially ICO projects are few because almost all projects are of quality but only in 2018 the number of ICO projects has increased dramatically compared to 2017, so consider your investment in projects ICO
. 
Of course, if you have seed money, an idea, a team and you do not give up half way, then you can write to me in PM, there is an experience.
Their large number as fraudsters more than 60%-70% . So this is not a good trend for us - it is not so easy to find a good project
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