Bitcoin Forum

i won't never ever join a ICO with ERC20 Tokens. i tried SONM and Encrypto Tel.

both ICOs where a complete mess.

now i am trying to get out.

@all: please be aware off how easy it is to scam with the use of theses ETH-ICOs.

Well, that was to be expected in my honest opinion. No dev put real effort into an ETH ICO so far, all of the recent ones especially were taking advantage of the bull run Ethereum had. Not many devs are sitting on an abundance of funds but no real plan to move on other than buzzwords.

There is actually only two possibilities for tokens : Ethereum ERC20 and Waves, and from the two I largely prefer ERC20 ones.

I don't know what happened Sonm.
But EncryptoTel thing is not related. Incent's Blockswap technology caused that mess.
"our BlockSwap service was attacked and ultimately hacked." that's what I got from the issue update.

It's just as easy to scam with the use of any kind of ICO even the ones that are not ETH based.

EOS to the mooooooooooon

yes, thats the sad truth. it is really to easy this way. you don't need nothing to build up. you not even have to clone an existing coin.

I think Waves have more trustworthy ICOs

Entryptotel was with WAVES. I think its just the INCENT swap that made it worse and if the team just stick to one blockchain like it has to, the issues probably don't happen. It may take some time before they be resolve. I'm a bit suspicious whether they do it deliberately though.

I am happy with my two ico's edgeless already brought nice profit,mobilego has all chance to succesfoul
Fortunetly i didnt invest in SONM looks like big scam,stolen work of drugdiscovery from Boinc.There is many hype to buy Sonm.About Sonm you can read on drugdiscovery forum,not so nice story https://boinc.drugdiscoveryathome.com/forum_thread.php?id=2091

Don't give up on Sonm just yet, true no instant profit but there were a mass of people that dumped coins from the pre-ICO. Any positive news/developments come to light and it will jump like they all do.

They said upgrading is necessary for security reason why there is the need for upgrading. The issue with SONM I think was just with the bonuses for the investors. But aren't ERC tokens all upgrading too like ETHBITS did are are they just simply doing it for scamming?

I think the only ones with real future right now are Status (SNT) and AdEx (ADX)

Status (SNT) is exploding in volume throughout all exchanges, has an active community, team communication, and game changing tech. They have an excellent roadmap and some big announcements coming soon from the team.

AdEx (ADX) will revolutionize the advertising industry through blockchain tech. They have a great roadmap and the tokens will actually have scarcity and value to them as they will be used to pay publishers and for advertisers to buy ad space.

Yep, I stayed away from these ones as it got to be a trend for every single ICO to be via ETH and to be honest I'm not a massive fan of ETH.

Encryptotel Tokens were on both platforms Waves and ERC20.  They were hacked because of a third party. Nothing ETT could do.
When they were hacked, the company were going to issues new tokens from their pocket so investors make no loss.