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Topic: Why So Many ICOs — What Does It All Mean? (Read 1474 times)

member
Activity: 294
Merit: 22
December 08, 2017, 04:45:30 AM
Yup there are lot's ICO's but be care full when you are going to invest. Recently i join one of the best bounty program "GIL's" now waiting for ICO.
hero member
Activity: 1806
Merit: 672
From all the latest ICOs I have see it is not about being a cryptocurrency anymore but more of like a business for them. These new Altcoins serve as purpose to have commission on their part or something, they have wild business ideas and plans that if you want to join them you can also earn from them (if it is a success) Some altcoins also have no good intention where they will make the classic "pump and dump" technique where they will leave you hanging with all your worthless coins. I suggest that you have your own research before being part of an ICO.
full member
Activity: 210
Merit: 100
The enthusiasm toward cryptocurrency make an individuals eager to be involved. People who put resources into bitcoin in the right on time phases The point when costs were a wide margin lower, Right away have a huge number upon billions of dollars.
member
Activity: 266
Merit: 10
The growing number of ico projects indicates that more and more money has been flowing into the ico market, which indicates that more and more people are choosing to invest in virtual COINS, and the market value of virtual COINS will be higher and higher.
sr. member
Activity: 462
Merit: 250
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here
Why too many ICO's? In my own explanation the ICo means it is fhe time now which some so called 'future projects' have seen an Ico is an step for them to earn more and to run a big project through online blockchain with their own real objection of business. So they will make a project with some capital and more capital funds of investors in their ICO
member
Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
A lot of them ,But good doesn't cost much to pay attention to the team and what they offer .What is the product? If he needed the world ? But now I noticed a lot of good promising companies

Good ICOs hires higher rank members that's why I don't think I'm affected by too much ICOs out there.
member
Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
I read an article also stated that some Cryptocurrency developers havr multiple Cryptocurrency companies or organizations so that's what we call them greedy developers, all they want is money from investors and they are not giving much focus on a single project.
That's what we call weird.
legendary
Activity: 1526
Merit: 1001
The same reason why many IPOs exist. People look for ways to fund raise and ICOs appear to a decent way to do so.
full member
Activity: 448
Merit: 100
A lot of them ,But good doesn't cost much to pay attention to the team and what they offer .What is the product? If he needed the world ? But now I noticed a lot of good promising companies
member
Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
Yeah, compared to Kickstarter and crowd funding projects, the amount of ICO's isn't particularly excessive.
Simply a simply way for crypto enthusiasts like all of us here to contribute and get involved easily.
Just like crowdfunding though, make sure you like the company you are supporting, and believe in it.

Noob, wondered why "coins" are banned on all major platforms such as Kickstarter ?

For example if you use crypto shit with Paypal or eBay you will have your account locked and funds seized.
It's against their TOS.. has been for at least 5+ years.

When you are done reading my comment head over to the "Buying Paypal / Bitcoin" section on this scam web site.  Roll Eyes

I wonder why you're still trolling until today. Are you an admin or something close to admins heart?
sr. member
Activity: 504
Merit: 251
in my opinion i think  Alternate cryptocurrencies are finally gaining some real traction among and i think this increasing waves of initial coin offering will make altcoins go mainstream soon.
member
Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
Everyone wants to get rich quick as lightning so making a Cryptocurrency is very easy today by using Ethereum Get platform. And also an ICO isn't regulated so that's the worst part.
newbie
Activity: 35
Merit: 0
Not enough yet, surey there is bubble, but at the end survive project will be huge deel Wink.
member
Activity: 350
Merit: 10
Open and Transparent Science Powered By Blockchain
it means many people are realized that ico is a promising field to fund the money t doing business and many people are starting to believe on cryptocurrency
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Yeah, compared to Kickstarter and crowd funding projects, the amount of ICO's isn't particularly excessive.
Simply a simply way for crypto enthusiasts like all of us here to contribute and get involved easily.
Just like crowdfunding though, make sure you like the company you are supporting, and believe in it.

Noob, wondered why "coins" are banned on all major platforms such as Kickstarter ?

For example if you use crypto shit with Paypal or eBay you will have your account locked and funds seized.
It's against their TOS.. has been for at least 5+ years.

When you are done reading my comment head over to the "Buying Paypal / Bitcoin" section on this scam web site.  Roll Eyes
member
Activity: 336
Merit: 10
It means that there are so many new business that is running today and they are all interested in earning bitcoins. Ico's are really nice if they continue to support their platform and become successful in the end of the day.
jr. member
Activity: 48
Merit: 10
Yeah, compared to Kickstarter and crowd funding projects, the amount of ICO's isn't particularly excessive.
Simply a simply way for crypto enthusiasts like all of us here to contribute and get involved easily.
Just like crowdfunding though, make sure you like the company you are supporting, and believe in it.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Not surr what this post is about. But we are starting to see a bare market for ico now. Seems to be a cash grab for alot of these ico projects. I think people are starting to realize this, after the fomo effect.
So alot of people has lost coins or in the negative and some folks had made or will be making alot from the icos theyve invested in.
Theres a few projects out there thats very promising.
Me, i hate icos. Causes my eth to drop in price lol.
OPs asking about why lots of ICO going now.for me personally its all about easy money,as we see lots of complaints now regarding those new releases ico about scamming.the coins just left no value for long.maybe we should be aware of those many scammer they have no care about others but only for them selfs
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
It means that whoever is running these ICOs has gotten extremely greedy in 2017. If you were trying to raise 10 million last year it would been good luck with that but now 10 million is a dirty sock on the roadside. As long

as the valuations get tame and are more reasonable then ICOs should exist but being this greedy is pure trash. For this reason I currently dislike ICOs a lot.

What are you talking about ? ICOs is not greedy lmfao. ICO is the easiest way to get investor on your project, that's why there are many project that using ICO to get easy fresh cash/investor. I can say 2017 is the big year for ICOs, there are many projects and ICOs in this year.

Crypto = Kickstarter (minus the regulations and laws)

..ok got it Roll Eyes
sr. member
Activity: 1050
Merit: 254
It means that whoever is running these ICOs has gotten extremely greedy in 2017. If you were trying to raise 10 million last year it would been good luck with that but now 10 million is a dirty sock on the roadside. As long

as the valuations get tame and are more reasonable then ICOs should exist but being this greedy is pure trash. For this reason I currently dislike ICOs a lot.

What are you talking about ? ICOs is not greedy lmfao. ICO is the easiest way to get investor on your project, that's why there are many project that using ICO to get easy fresh cash/investor. I can say 2017 is the big year for ICOs, there are many projects and ICOs in this year.
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