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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: yourboss on October 23, 2017, 06:21:42 PM



Title: Problem of nowadays ICOs
Post by: yourboss on October 23, 2017, 06:21:42 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?


Title: Re: Problem of nowadays ICOs
Post by: RichardBTC on October 23, 2017, 06:32:10 PM
Yeah i have a crap load of free tokens aswell but alot of them are just scams where the devs end up cashing in as soon ad they get listed. Boom crashes the coin. Then the next e coin comes oit and the cycle starts again. And along with these types og icos arenpeople joining to dump as soon ad possible to make a quick buck including the dev.

A good long lasting and promising airdrop alt coin is DeepOnion. Still giving out the free airdrop and there is constant developments


Title: Re: Problem of nowadays ICOs
Post by: pogpog10 on October 23, 2017, 06:37:12 PM
Nowadays ICOs are unfortunately not setting the expectations right. They are claming their ICO will be the best one , most profitable one etc.. What i look for in an ICO is being realistic about the project and setting their project on strong pillars. I prefer doable projects ratherdan dream sellers.


Title: Re: Problem of nowadays ICOs
Post by: tora on October 23, 2017, 07:11:01 PM
For an ICO to be successfull it has to provide a need or service that is not already available or deliver it in a better way. It must have as any other product a USP, unique selling point.


Title: Re: Problem of nowadays ICOs
Post by: Jenna_G on October 23, 2017, 07:27:55 PM
 I feel investors  are too lazy to do research. i'm sure we need to regulate all system, But i believe that smart projects and good investor will find each other after regulation even easier than now.


Title: Re: Problem of nowadays ICOs
Post by: Meruem on October 23, 2017, 07:35:50 PM
I feel investors  are too lazy to do research. i'm sure we need to regulate all system, But i believe that smart projects and good investor will find each other after regulation even easier than now.


Yep, you are more than right. One of the biggest problems of finding worthy investors is investor's laziness (and project member's laziness too). Most of them are not doing even simple researches of project to make assessments and estimations and to invest in. They are like a children - you need to chew all information for them and explain them most important details with simple words.. Of course it's not about all of them, but most of them..

So, I found out that the best way to maintain investors is communicating with them in real life. When they know you - they believe you more and trust you more (of course if your project is perspective).


Title: Re: Problem of nowadays ICOs
Post by: ismart1 on October 23, 2017, 08:03:49 PM
I feel investors  are too lazy to do research. i'm sure we need to regulate all system, But i believe that smart projects and good investor will find each other after regulation even easier than now.


A lot of newbies investors are this lazy, that´s why SEC and other countries are targeting the ICOs, because they know that seasoned and experienced investors do a minimum of research in what they want to invest. All successful investors know that due diligence is a more important part than the investment itself. If they ban amateurs from ICOs they won´t have to deal with prosecution after scams or failed ICOs that regular "don´t know what I am doing" Joes will invest and lose their hard earned money. Besides, seasoned investors know and understand the risks.


Title: Re: Problem of nowadays ICOs
Post by: negancoin on October 23, 2017, 11:05:26 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I agree with that. My suggest to people to not become emotionally attached to any coin, they need to do their own research and studying very well those project rather than throw the money into random selective of coins.


Title: Re: Problem of nowadays ICOs
Post by: WhaleSlayer on October 23, 2017, 11:13:39 PM
The problem is that things move so fast in ICOs, and there are too many of them, so as soon as you discover a good ICO you have no time to do good reserarch.


Title: Re: Problem of nowadays ICOs
Post by: nazzzzz on October 23, 2017, 11:19:55 PM
I think that could be part of the problem, as same goes for all the other stablished projects around, people just wanna updates and news so they can sell their position at a higher value they have purchased and then move on to the next project. They dont care about the project, they care about the investment. Not to mention several ICOs here that don't fit in the blockchain tech and could be done with conventional systems years ago and are just recicled ideas.


Title: Re: Problem of nowadays ICOs
Post by: edynolan on October 23, 2017, 11:28:43 PM
That's the big problem some new investors are investing their money without knowing for sure the project he is following. some ICO projects proved a scam and made investors bit their fingers because of their stupid mistake. Indeed some ICOs make ordinary people get rich because their choice is right in choosing a good ICO and the projects they follow have clarity for the future.
Study their projects before buying their coins so as not to lose your money (investing without reading their goals just as you throw away your money)


Title: Re: Problem of nowadays ICOs
Post by: BigBoy89 on October 23, 2017, 11:35:25 PM
IMO the biggest problem around with 100s of new ICOs is that most devs are thinking adding 'blockchain' to any project is a miracle $$$ printing machine. They just want to collect money without solving any real problem and without need of blockchain in the project.


Title: Re: Problem of nowadays ICOs
Post by: DigitalLemming on October 23, 2017, 11:41:17 PM
Yeah at this point it's just a greed machine. There doesn't have to be a coin for everything. All these ICOS are making it harder to find the real innovative coins like XtraBytes because they are buried under crap coins ICOS. These new ICOS companies really need to have something to offer instead of just selling an idea. They should have something substantial put together before even thinking about doing an ico.


Title: Re: Problem of nowadays ICOs
Post by: bitcub on October 23, 2017, 11:43:39 PM
Some ICO investors were HYIP investors before, so they only after with the ICO discount. But for me I am more after with the founders. If the owners are respected people from the finance market then the coin has a huge potential.

Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?


Title: Re: Problem of nowadays ICOs
Post by: Indrawan77 on October 24, 2017, 12:10:30 AM
I think the problem is the ICO itself,  the are numerous of ICO which always claimed to be future currency and only a copycat coin and the quality of every thing is not good,  the developers only thing on how to gained a lot of money,  they don't think about make crypto currencies become a better currency,  and the investors only think short,  when they promised a huge promise they will spend their money to invest without proper research


Title: Re: Problem of nowadays ICOs
Post by: V1saya on October 24, 2017, 12:19:44 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I consider the scenario directly proportional, mate. Because there are stupid investors who do things rush, there are projects created to especially target there people. Because there are gullible and weak investors that can easily be swayed by a few lines of marketing materials, there are scams created to especially get these kinds of people to shell out some money for investment. Investors should step up their ways in doing things and the quality of ICOs will follow.


Title: Re: Problem of nowadays ICOs
Post by: nitehawk on October 24, 2017, 12:33:13 AM

The problem with most new ICOs is a lack of a real-world product. They all give you the same blurb about being decentalized and how they are revolutionary and going to change the world, yet they do not have a useful product, and if they do, there's no legitimate business plan on how they will take over the world. Most don't even allocate a proper marketing budget outside of marketing to raise money for the ICO.


Title: Re: Problem of nowadays ICOs
Post by: razzbee on October 24, 2017, 12:39:47 AM

The problem with most new ICOs is a lack of a real-world product. They all give you the same blurb about being decentalized and how they are revolutionary and going to change the world, yet they do not have a useful product, and if they do, there's no legitimate business plan on how they will take over the world. Most don't even allocate a proper marketing budget outside of marketing to raise money for the ICO.

Very true, before I invest into an ico , I always research if they have existing product and the uniqueness of the product


Title: Re: Problem of nowadays ICOs
Post by: momopi on October 24, 2017, 01:53:40 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

Yes, that's one factor as well. Buying or investing into a project without total knowledge will affect to situation of an ICO. Look those dumpers, it's very common in trading. After a coin hit the trading, they will immediately sell their coins since they have no knowledge how good the future of coins they have. But still for me, great factor are the bad projects nowadays.


Title: Re: Problem of nowadays ICOs
Post by: marks1976 on October 24, 2017, 03:24:14 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
A lot of investors don't care about the chance of the project itself to reach the product goes live. Some project doesn't have the competence to make it becomes a real thing in the future. that's the main problem.


Title: Re: Problem of nowadays ICOs
Post by: Pleione527 on October 24, 2017, 03:28:55 AM
The projects of all ICO's in the market has a good quality the only reason why they experience lack of investors or not much given prioritize is because there's a lot of ICO introduce in the market and people tend to find it difficult recognizing the best one to invest. I think if they will put some limitations in making different ICO they can penetrate the market and earn good profit from it.


Title: Re: Problem of nowadays ICOs
Post by: Oo ako to on October 24, 2017, 07:26:35 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

That is really the reason. Most of investors are in it because of the profit. They just want to multiply their money and you will notice that the people who made huge investment force devs to hasten their project. They really don't care what it will do, they only see it as a way of making a fortune.


Title: Re: Problem of nowadays ICOs
Post by: ASHLIUSZ on October 24, 2017, 07:32:17 AM
These days people were much aware about the projects objective and used to spend time knowing about the backing support as well the roadmap. Only after that used to invest, also nowadays the developer teams too were much dedicated to the project success and ico going as scams has decreased drastically.


Title: Re: Problem of nowadays ICOs
Post by: ALT67890 on October 24, 2017, 07:40:31 AM
It can be blame both ways, ICO making is abused and too much of it make even crowded the market/forum that investors can’t focus on one or two alone. Because if they can the chances of the ICO is high but the reality is they make duplicates left and right to scam new investors.

Then those investors are too clueless of what an ICO scam looks like and even they have experienced it, they even tried to do it again. That’s is really a bad thing.


Title: Re: Problem of nowadays ICOs
Post by: Michae1k on October 24, 2017, 05:30:55 PM
every day become more difficult to find a good projects, almost 50% are scam, and you just lose ur money. It's always risky, but sometimes it worth it


Title: Re: Problem of nowadays ICOs
Post by: Sid3d on October 24, 2017, 05:46:07 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
I also believe that some investors do completely unnecessary projects that will not be of use. Sometimes they come to mind completely stupid thoughts or they copy other projects. And again, there are a lot of scammers who want to take care of someone else's account.


Title: Re: Problem of nowadays ICOs
Post by: slaman29 on October 24, 2017, 05:49:16 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

This has always been an old "problem", even with traditional public fundraising such as IPOs and the like. Non-professional and normal investors really do think with profit in mind. ICOs simply open up the market even wider, with students and others that banks wouldn't even look at all able to "invest".

Less than 1% of people are in crypto, and even less than 1% of that do their own research. And probably less than 1% of THAT have solid and reliable research.


Title: Re: Problem of nowadays ICOs
Post by: Warkop on October 24, 2017, 06:30:17 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

That is really the reason. Most of investors are in it because of the profit. They just want to multiply their money and you will notice that the people who made huge investment force devs to hasten their project. They really don't care what it will do, they only see it as a way of making a fortune.

If they accelerate the ICO project, it may be true what you say, because big investors do not want to wait long and pay attention to the profits they will get, so they do not want to wait for the old project he invests. Because he wants everything will be done quickly.


Title: Re: Problem of nowadays ICOs
Post by: Kupid002 on October 24, 2017, 06:49:32 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

That is really the reason. Most of investors are in it because of the profit. They just want to multiply their money and you will notice that the people who made huge investment force devs to hasten their project. They really don't care what it will do, they only see it as a way of making a fortune.

If they accelerate the ICO project, it may be true what you say, because big investors do not want to wait long and pay attention to the profits they will get, so they do not want to wait for the old project he invests. Because he wants everything will be done quickly.

But if may continue the ICO that they already existed for maybe they may just continue on doing it and i may agree on it most investors as of now really want to have a quick money they want to get it easily so as long as the possibility of getting it quickly are good they may continue on this situation.


Title: Re: Problem of nowadays ICOs
Post by: Akash1243 on October 24, 2017, 07:04:31 PM
Yes i do think that investors dont know or care about the ICOs as they only want short term investment for which ICOs are great and quite profitable in short term.And there are many ICOs in which majority of them are scam or just fail coins,the quality of ICOs has surely fall very much.Investors just think altcoins as an easy and fast way to earn small profits with some investment and with that profit they usually invest in big coins like bitcoins or even ethereum.


Title: Re: Problem of nowadays ICOs
Post by: 2Pac on October 24, 2017, 07:05:25 PM
for me the biggest problem of ICOs is wrong behaviours of managers like acting just for the making money without demand of real success, steps which are not related the roadmap, deficient development or permanence.


Title: Re: Problem of nowadays ICOs
Post by: ValoremFoundation on October 24, 2017, 07:28:31 PM
for me the biggest problem of ICOs is wrong behaviours of managers like acting just for the making money without demand of real success, steps which are not related the roadmap, deficient development or permanence.
Absolutely, you should definitely be able to measure previous success from the managers who promote their ICO's


Title: Re: Problem of nowadays ICOs
Post by: naughty1 on October 24, 2017, 07:34:51 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I think there are too many ICOs out there that make it impossible for investors to find out about the projects, since they feel confused, they can not know where to invest. . It's like finding a bird in a forest.


Title: Re: Problem of nowadays ICOs
Post by: samysamy1 on October 24, 2017, 07:50:26 PM
Just don't invest anymore in silly ICO's. If you want to make some money, go trade some alts.


Title: Re: Problem of nowadays ICOs
Post by: tobs on October 24, 2017, 07:57:51 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

In a way you are right. But it's also about number of ICO projects and technologies they want to deliver considering today's development of blockchain and cryptoworld. I mean it's still sort of underground community, yet the ICOs want to introduce tokens to every aspect of our lives. And we have really good and quality projects about insurance, healthcare, travel agencies, games, social medias. These are things we are using everyday, right? But mainstream users have no idea what blockchain and tokens are and why would they want to deal with them if they already have the same services. The problem with ICO in my opinion, is that everyone can issue it and they try to be the first ones to do this in their field, yet the whole crypto market is too young for so many blockchain services.


Title: Re: Problem of nowadays ICOs
Post by: Al Amin on October 25, 2017, 01:03:42 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
I agree with that. Because most investors are now putting their passion rather than researching projects that are the place to invest. Or there is a problem about ICO itself which always claims that it is the best for the future.


Title: Re: Problem of nowadays ICOs
Post by: tomorow on October 25, 2017, 01:29:15 AM
They dont care about the project, they care about the investment. Not to mention several ICOs here that don't fit in the blockchain tech and could be done with conventional systems years ago and are just recicled ideas.  ;)


Title: Re: Problem of nowadays ICOs
Post by: Team Saske on October 25, 2017, 01:41:11 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?


You're absolutely right! Most "investors" are nothing more than gamblers looking to get-rich-quick. They do zero research, have zero discipline and, so, have zero commitment to the projects they put money into.

Honestly, they're better off taking their rolls of quarters to Vegas.


Title: Re: Problem of nowadays ICOs
Post by: Coenlogan on October 25, 2017, 01:51:17 AM
Nowadays ICOs are unfortunately not setting the expectations right. They are claming their ICO will be the best one , most profitable one etc.. What i look for in an ICO is being realistic about the project and setting their project on strong pillars. I prefer doable projects ratherdan dream sellers.

Totally agree, some icos are promising life changing results but are giving extremely vague explanations on what it is they are actually doing.

Like a project tokenloyalty - i have asked them multiple times, what are you doing exactly? In response I get a video of a dog and random statements.

project like ASSETRON ENERGY - staright away i understood in simple terms that they will build a platform where people can invest into renewable energy projects using crypto, and vice versa, people can request to have their renewable projects invested into, so a peer to peer marketplace for renewable energy projects. As their tokens are the only ones that can be used on the system, the demand will grow as more projects are on the platform.

I dont need complex english on these ICOS, just to make them look "pro", they need to be able to explain to all investors, especially ones who may be foreign.
Just my 2 cents


Title: Re: Problem of nowadays ICOs
Post by: letecia012 on October 25, 2017, 01:58:04 AM
every day become more difficult to find a good projects, almost 50% are scam, and you just lose ur money. It's always risky, but sometimes it worth it
Yes too many ICO but if you read their introduction it looks like the same they keep posting that the have the cheapest fee in processing transaction the have fastest time compared to Bitcoin but in the end if you invest at their coin your money will put in limbo. If you want to invest better to go on coin that already have a track record


Title: Re: Problem of nowadays ICOs
Post by: Yaunfitda on October 25, 2017, 02:03:56 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I have to agree. Investors don't want to do research on what ICO are they going to invest. As soon as they see someone opened up a ICO, they immediately rush to it because the offering to get their tokens is very cheap. They don't even read the whitepaper I guess. And they they would cry out loud saying that the ICO is a scam project and the dev behind is not legit and has shady past. They should have look at the team behind first before making such investment. Its their fault that they easily swayed by the beautiful words put up by the team behind.


Title: Re: Problem of nowadays ICOs
Post by: hua_hui on October 25, 2017, 03:34:39 AM
The projects of all ICO's in the market has a good quality the only reason why they experience lack of investors or not much given prioritize is because there's a lot of ICO introduce in the market and people tend to find it difficult recognizing the best one to invest. I think if they will put some limitations in making different ICO they can penetrate the market and earn good profit from it.

Dilution of ICO attention definitely can be one of the common issue nowadays as there are a lot of ICO coming into the crypto space everyday.  However, it is still heavily based on doing your own due diligence. For example, recently Quantstamp is a solid company and  they are gaining a lot of attention. You can look at their report on Request and it is a work of excellency.


Title: Re: Problem of nowadays ICOs
Post by: Franko30 on October 25, 2017, 09:35:40 AM
Scam is a huge problem of our time, but it predictable for sure. It is a just a step to filter ppl who want easy money, and don't think abt projects itself. I think it's a good trend that only smart ppl become rich and  push technology to future.  I know one good ico that i recommend you, just try to look and find more abt confideal


Title: Re: Problem of nowadays ICOs
Post by: WhaleSlayer on October 25, 2017, 02:04:25 PM
IMO the biggest problem around with 100s of new ICOs is that most devs are thinking adding 'blockchain' to any project is a miracle $$$ printing machine. They just want to collect money without solving any real problem and without need of blockchain in the project.

Yes, but on the other side you have investors who most of the times are not interested in the project at all, but they are interested only in a project which *sounds* cool, so as to resell immediately their tokens to latecomers for a higher price as soon as the ICO is over.
The whole game is quite sick...


Title: Re: Problem of nowadays ICOs
Post by: Creating N Action on October 25, 2017, 02:20:49 PM
Nowadays ICOs are many problems, it is hard ti choose an ICOs when we are ready to join in because almost ICOs are not real and scam. I also suggest that many members are don't have care and lazy to do research those projects that given by company. More investors dont care about projects that need completest. But the projects in ICOs give a good profit if you work in it and show a good attitude.


Title: Re: Problem of nowadays ICOs
Post by: Team Saske on October 25, 2017, 03:58:05 PM
The projects of all ICO's in the market has a good quality the only reason why they experience lack of investors or not much given prioritize is because there's a lot of ICO introduce in the market and people tend to find it difficult recognizing the best one to invest. I think if they will put some limitations in making different ICO they can penetrate the market and earn good profit from it.

You can look at their report on Request and it is a work of excellency.

Link?


Title: Re: Problem of nowadays ICOs
Post by: FrankNoland on October 25, 2017, 04:13:25 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
What you just mentioned is nothing but the truth, a lot of investors are lazy to read and research about the projects they are willing to invest in. If this persists, a lot investors will get scammed in the near future and their funds will be no where to be recovered.

In my opinion, I think the best thing to do as investors is to read up about certain projects that you are willing to invest in so that you can avoid getting scammed. Not all projects are legit, we live in a world surrounded by scammers and we should be more careful as to where we are putting our money at. Only invest in ICOs which you believe in and which you believe that they have better chances of benefitting you from your initial investment.


Title: Re: Problem of nowadays ICOs
Post by: jlp on October 25, 2017, 04:13:29 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

Absolutely agree.

Read:

3 kinds of ICOs - Protect Yourself
https://bitcointalk.org/index.php?topic=2243157


Title: Re: Problem of nowadays ICOs
Post by: sweetpeaches on October 27, 2017, 05:55:09 AM
Everyone say everything scam.
It's true that majority of ICO's - scam.
But there are few legit projects like Confideal around.


Title: Re: Problem of nowadays ICOs
Post by: doedz on October 27, 2017, 08:09:13 AM
Ico and airdrop is a way to earn money quickly. They gather the community to make white paper and form a team. all interested then throw it no follow-up.
Their products are junk coins.


Title: Re: Problem of nowadays ICOs
Post by: Boomber on October 27, 2017, 08:10:40 AM
I think the problem is investor want get some instant profit buy at ICO get bonus sale and they sell it after ICO.
But now you can see almost all project after ICO end, the price falling down.


Title: Re: Problem of nowadays ICOs
Post by: adam1230 on October 27, 2017, 08:17:33 AM
Problem never changes. These days we call them ICO few years before we were saying them shit coin.
30 years before we were calling bankrupt and names always changes.
there are some legit people and scammers always. We need to spot out scammers.


Title: Re: Problem of nowadays ICOs
Post by: shinharu10282016 on October 27, 2017, 08:21:28 AM
Nowadays ICOs are unfortunately not setting the expectations right. They are claming their ICO will be the best one , most profitable one etc.. What i look for in an ICO is being realistic about the project and setting their project on strong pillars. I prefer doable projects ratherdan dream sellers.

Those are the things I search for in ICOs.

The tenure of their stay in the cryptocurrency must be stable enough for "smart investors" to invest to them, or

ignorant investors, will just dump their money right at them.

One more thing, current ICOs are copying existing ones.

I don't know why these happens, well we all know someone from gradeschool who copies the nerd's homework.

But the reality is that these are just "unexplainable" what a sad life.


Title: Re: Problem of nowadays ICOs
Post by: foxydoxy on October 27, 2017, 08:34:16 AM
Exactly! There are a lot of ICOs out there that is not interesting to invest, I don't know why other startups doesn't work on ICOs. These days I was researching on ICOs to see which one worth to invest and just find a few like https://gridplus.io (https://gridplus.io)/ and https://wepower.network/ (https://wepower.network/), there is another one called gilgameshplatform.com (http://gilgameshplatform.com) seems they haven't started marketing yet and I found their website accidentally in a press release which seems legit.

I think ICOs that are working on helping human beings and the earth is worth to invest not they want just gather your money.


Title: Re: Problem of nowadays ICOs
Post by: Dralarn on October 27, 2017, 08:50:48 AM
Quality is definitely a big issue right now. There are thousands of projects being launched and it's hard to even keep up on all the changes and "ideas" that are being presented. But that's an effect from the success of the blockchain itself. People are seeing these huge returns being made, and the huge amount of capital being raised by ICO's and many try to take advantage of it, even though they don't have a good idea or the technical know-how on how to implement and materialize their ideas. In my opinion, it seems that most are not genuinely interested in offering value, but are looking for a quick profit to make, which many do manage to make it. I believe that after having raised a significant amount of money, you are not that much motivated anymore to keep on working on whatever you have processed, starting to ligering on deadlines and demands and eventually letting investors move to other coins, and hoping that everything will be forgotten in the future (which it will be forgotten). Either way it's up to investors to identify these things and their responsiblity to understand when these kind of situations and "dangers" are present.


Title: Re: Problem of nowadays ICOs
Post by: sky24 on October 27, 2017, 08:59:55 AM
People need to do their research before investing in ICOs. One quality ICO i can recommend is Propthereum.io. Their approach to the business behind the coin is what sets them apart from other upcoming ICOs. Everyone should check out their website and take a read of their whitepaper.


Title: Re: Problem of nowadays ICOs
Post by: jeniferqueen0409 on October 27, 2017, 09:07:18 AM
I think problem of nowadays ICOs is protect investors. Altcoin ICOs enable anyone with a vision to seek funding from the public easily without jumping through many hoops or barriers. Too many ICOs scammed.


Title: Re: Problem of nowadays ICOs
Post by: Sanakibe on October 27, 2017, 09:17:26 AM
For an ICO to be successfull it has to provide a need or service that is not already available or deliver it in a better way.


Title: Re: Problem of nowadays ICOs
Post by: kabzon_btw on October 27, 2017, 09:20:34 AM
I think the main problem is bad communication from the company. Plus, unrealistic road map and goals, the lack of advisors from the subject area


Title: Re: Problem of nowadays ICOs
Post by: BlazAlt on October 27, 2017, 09:34:11 AM
The problem is the sheer number of ICOs and vast amount of them are just selling ideas. Some of the ICOs are just selling ideas and haven't done anything and those are risky and should be avoided unless the team is really good with past experences and sucsessful projects. But some ICOs allready have a working project or a project in testing and those are safer, those are the ones that should be hunted and researched.


Title: Re: Problem of nowadays ICOs
Post by: glowing10 on October 27, 2017, 09:39:34 AM
For an ICO to be successfull it has to provide a need or service that is not already available or deliver it in a better way.

The need now days of most of the coin that comes in the market does not exists actually. They just introduce the coin for their own benefit sake and think people will buy it and demand and price will go sky rocket and they will make it quick money. So many ICO and people are getting smarter as well to only handpick a good ICO coins only now.


Title: Re: Problem of nowadays ICOs
Post by: omnitudeorg on October 27, 2017, 09:41:18 AM
You could say the same for any kind of investment that if you do not do the research you can't really be upset for a poor ICO.


Title: Re: Problem of nowadays ICOs
Post by: jujugoboom on October 27, 2017, 09:51:13 AM
The biggest problem is they raise too much money, Bancor raised 153 million usd but now is worth 80M usd. And bitcoin has tripled, so invested in Bancor makes investors huge bagholder in terms of BTC.


Title: Re: Problem of nowadays ICOs
Post by: HertzCoin on October 27, 2017, 09:59:48 AM
problems of nowadays ICO- they are really hard to be detected- if they are scams or not
some really nice projects may be taken as scams
and scams may be taken as nice projects


Title: Re: Problem of nowadays ICOs
Post by: MirandaGreen12 on October 27, 2017, 10:08:28 AM
I think that one of the most popular problems is relly scam ICo.. It's very difficult to find smth interesting at first and many projects dont wonna registrate or do their business throgh VC. And it doesnt inpire trust to intestors..

But if you know the projects who participate in ICO but they do it not the first time and they really proved their skills, honesty and a well collection of investors. I find the ARtoken by CAppasity this way)


Title: Re: Problem of nowadays ICOs
Post by: dangdangdang on October 27, 2017, 10:22:27 AM
Problem with ICOs nowadays are there are too many Altcoins and most of them are have lacking investors. Investors are the most important of every business and so as ICO.


Title: Re: Problem of nowadays ICOs
Post by: margarete11 on October 27, 2017, 10:28:55 AM
You could say the same for any kind of investment that if you do not do the research you can't really be upset for a poor ICO.
Many ICO's looks legit but actuay not. That is why many investors has become very confuse when deciding whether the ICO was legit or a scam , usually scam projects talk more about their project mission and roadmap but dont show their true identity , I always doubt those ICO so I prefer those project that show their team member so I can check their profile if they are trustworthy or not


Title: Re: Problem of nowadays ICOs
Post by: gregory51gosh on October 27, 2017, 12:33:14 PM
Nowadays ICOs are unfortunately not setting the expectations right. They are claming their ICO will be the best one , most profitable one etc.. What i look for in an ICO is being realistic about the project and setting their project on strong pillars. I prefer doable projects ratherdan dream sellers.

Totally agree, some icos are promising life changing results but are giving extremely vague explanations on what it is they are actually doing.

Like a project tokenloyalty - i have asked them multiple times, what are you doing exactly? In response I get a video of a dog and random statements.

project like ASSETRON ENERGY - staright away i understood in simple terms that they will build a platform where people can invest into renewable energy projects using crypto, and vice versa, people can request to have their renewable projects invested into, so a peer to peer marketplace for renewable energy projects. As their tokens are the only ones that can be used on the system, the demand will grow as more projects are on the platform.

I dont need complex english on these ICOS, just to make them look "pro", they need to be able to explain to all investors, especially ones who may be foreign.
Just my 2 cents


Like a project tokenloyalty - i have asked them multiple times, what are you doing exactly? In response I get a video of a dog and random statements.

Could you please tell us where did you ask questions? Because communication is very important for us and I do not see any such questions in your post.

As for the project, we are communicating a lot of information in our topic: https://bitcointalk.org/index.php?topic=2293442.0

Ask question in the main topic please, we will answer all your doubts, no problem.



Title: Re: Problem of nowadays ICOs
Post by: Cosbycoin on October 29, 2017, 03:44:28 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
You are right mate! The fact remains that some investors are just too lazy to do research cause if they had, most of these scam ICOs would not even be plenty cause they will end up wasting resources conducting something that no one would even buy into except probably some few gullible ones and really it is annoying and I do not blame china for banning ICOs cause these investors are the ones to blame.


Title: Re: Problem of nowadays ICOs
Post by: hello_good_sir on October 29, 2017, 03:53:40 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
You are right mate! The fact remains that some investors are just too lazy to do research cause if they had, most of these scam ICOs would not even be plenty cause they will end up wasting resources conducting something that no one would even buy into except probably some few gullible ones and really it is annoying and I do not blame china for banning ICOs cause these investors are the ones to blame.

Exactly this.

If you're not even bothered to do some research before investing then you deserve to get scammed. Do your own due diligence - please. This is the rule of thumb for investing in anything, especially in ICOs which is very volatile and can get you scammed easily.

The quality of ICOs have indeed been dropping, but there are still hidden gems out there.


Title: Re: Problem of nowadays ICOs
Post by: Klausi on October 29, 2017, 04:21:38 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

The problem that i see in ICOs are they are becoming more and more are swarming in the forum that i don't know if i will be happy because a lot of ICO to choose from but it is now they looks like messy in the eyes. This is the reason why i favor the regulation of all ICO for proper screening because it seem that some of them are crap,no future and the most worst is others are scam.


Title: Re: Problem of nowadays ICOs
Post by: bixbem90 on October 29, 2017, 04:27:38 AM
ICOs everywhere, ICOs day by day. Why? Some project ICOs like as HYIP some is like lending system. ICOs make for them profit and they can run away after several months. So if we want buy TOKEN, Altcoins when ICO, considered carefully.


Title: Re: Problem of nowadays ICOs
Post by: senin on October 29, 2017, 05:04:32 AM
No, it's not. Where investors invest money, this is their personal problem. To date, it is the quality of the conceived ICO projects that is the problem and it is the risks associated with their possible fraud. If these problems are eliminated by further regulating this process by the states, then the problems with the ICO will be diminished. Only the community and the market can further assess the need for an ICO project and the survivability of the coin created.


Title: Re: Problem of nowadays ICOs
Post by: verifyas on October 29, 2017, 05:51:40 AM
I doubt investors are that stupid; I mean they would not just throw away their money; they put their money where they think it may have greater returns. I am sure those putting in alot of cash do their share of reading and alot of listening.

From the ICO side of things there are folks with great convincing deceiving powers. But how far can that take you; cheating the investors to put their money does not really get you that far. It is your reputation at risk. 


Title: Re: Problem of nowadays ICOs
Post by: iLatios on October 29, 2017, 05:56:19 AM
To my mind, there should be more teams who will not only inform about upcoming ICOs, but also check them. A lot of people want to invest and get profit, they are ready to risk partly, but they don't have time to find out information about ICOs loyalty or even they can't understand how to differ success project from spam.


Title: Re: Problem of nowadays ICOs
Post by: Jaya912 on October 29, 2017, 08:36:41 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
I do not think that hundreed percent is investors false. Though if you clever while choose any ico, you will never always right. You dont know what will happen after ico.
So for me, low quality also being problem. First is low quality project and second is low quality investors.


Title: Re: Problem of nowadays ICOs
Post by: RieL on October 29, 2017, 09:08:42 AM
The point is there is no need a coin for everything and some of them are just some gree machine.finding good ICOs is kinda diffucult as of now like the XtraBytes because they bury it under crap coins ICO. If i were them i should sell them something that can be profit and not just selling a idea.



Title: Re: Problem of nowadays ICOs
Post by: streazight on October 29, 2017, 11:58:46 AM
Scam is a huge problem of our time, but it predictable for sure. It is a just a step to filter ppl who want easy money, and don't think abt projects itself. I think it's a good trend that only smart ppl become rich and  push technology to future.  I know one good ico that i recommend you, just try to look and find more abt confideal
And those looking for the free money who do not usually consider the project always end up getting burnt.

However, the problem is that scams like this will always end up just corrupting the crypto space and then you see the same gullible set of people calling all ICO scams or saying the whole crypto is a scam and all sort, not knowing they were the ones dumb enough to fall for those scams by not doing the needful thing any sensible investor should have done.


Title: Re: Problem of nowadays ICOs
Post by: aoihs00 on October 29, 2017, 02:48:14 PM
I think there are many investors like that. Because they think if they buy it at cheap rates then they can actually make the profits. But sometimes there are many projects which doesn’t even reach the exchanger and people loose all the money they have invested earlier. So one can take this into consideration that just buying stuff at very low doesn’t mean its profit. The roadmap must be understood completely to know what they are going to do at what time. Believe there are only few ICO out of 10-15 who turn out to be legit and profitable, or even less.



Title: Re: Problem of nowadays ICOs
Post by: Taskford on October 29, 2017, 03:12:43 PM
The problem that i know in the ICO nowadays is the false project where they just create an ICO to gather some funds from the crowd but those crowd didn't know that the ICO is fake and the project is just for scamming and stealing money from them and because of that problem it stole a lot of bitcoins and ethereum from people.


Title: Re: Problem of nowadays ICOs
Post by: foxydoxy on October 29, 2017, 09:21:27 PM
The problem that i know in the ICO nowadays is the false project where they just create an ICO to gather some funds from the crowd but those crowd didn't know that the ICO is fake and the project is just for scamming and stealing money from them and because of that problem it stole a lot of bitcoins and ethereum from people.

Is there any way to detect scam projects? If you have some tips share it here please. All of them have good advisers, whitepaper seems legit and a lot of people invest on that, so how can we find out this is fake or not!?


Title: Re: Problem of nowadays ICOs
Post by: Iolanna on October 29, 2017, 10:05:40 PM
The main problem for investors now is to find a really good ICO among tens of others. Only few ICOs reach their hardcap, because people started to loose faith in them. Sometimes even really good ICOs can't raise enough money to start their project, just because all investors funds are spread between many other ICOs. And when they hit exchanges people are ready to sell their tokens even cheaper then ICO price.


Title: Re: Problem of nowadays ICOs
Post by: naughty1 on October 29, 2017, 10:19:23 PM
The problem that i know in the ICO nowadays is the false project where they just create an ICO to gather some funds from the crowd but those crowd didn't know that the ICO is fake and the project is just for scamming and stealing money from them and because of that problem it stole a lot of bitcoins and ethereum from people.

Is there any way to detect scam projects? If you have some tips share it here please. All of them have good advisers, whitepaper seems legit and a lot of people invest on that, so how can we find out this is fake or not!?

In fact, I think there is no way to detect phishing projects, most ICOs hide the information about their headquarters, the only information we have. They can find out who their team is, and it is not enough to confirm anything about that project.


Title: Re: Problem of nowadays ICOs
Post by: ryanben on October 29, 2017, 10:19:49 PM
Last year, I had a vague investment concept and of course I was just a beginner in the market. I had to wait six months to see the results and even more projects took more time to attract new investors. I think that investors should be more willing to study the market and the project they want to invest if not psychologically waiting will make them very easy to make mistakes.


Title: Re: Problem of nowadays ICOs
Post by: xebecstyx on October 29, 2017, 10:23:12 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

I agree. I think they invest because they have some coins that they don't really use, and many of them don't really realize the value of it. I think as an investor, it should be part of your job to research and not just take chances on any other projects. Investing is risky business as it is, but it can be riskier if an investor would just blindly invest. On the one hand, that's what investors want because to them blind or knowledge, what they need is the money to start up their business.


Title: Re: Problem of nowadays ICOs
Post by: viramarket on October 29, 2017, 11:30:50 PM
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Title: Re: Problem of nowadays ICOs
Post by: Pashu on October 30, 2017, 08:08:40 AM
Also the other problem is those people who don't really know anything about crypto economy but just participate because of aairdrops or other bonuses


Title: Re: Problem of nowadays ICOs
Post by: aldencio on October 30, 2017, 08:28:04 AM
The main problem is the quality of a project. Some teams even don't have a technological background, don't know their target audience.


Title: Re: Problem of nowadays ICOs
Post by: Dart18 on October 30, 2017, 08:34:14 AM
It is the real problem.
Lack of knowledge with the one they will invest with, which is a fools decision that havent thought about.
If money nothing to them then they might do that.
But if you have at least a little importance of what you have, then you will be wise to know what you are risking it to.
Greed is the real problem.


Title: Re: Problem of nowadays ICOs
Post by: redwine49 on October 30, 2017, 08:55:32 AM
It is the real problem.
Lack of knowledge with the one they will invest with, which is a fools decision that havent thought about.
If money nothing to them then they might do that.
But if you have at least a little importance of what you have, then you will be wise to know what you are risking it to.
Greed is the real problem.

yes.... i agree with you. greed is the real problem.
you should do research more learn more and find out more before you are taking some decision about ICOs.
more you know about what will you do. more succeed what are you trying for

iam new in this cryptoworld. still newbie inside but i have faith that knowledge is everything


Title: Re: Problem of nowadays ICOs
Post by: ictin on October 30, 2017, 09:05:13 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

Yes..... I totally agree with you. Many small investors just take care about big profit. Otherwise, if the project is cam, though you do a research,  you still lose your money. I think before you invest, you should ask people who has experience. Or you can ask in this forum. they will help you.  :D


Title: Re: Problem of nowadays ICOs
Post by: Lisk_beginner on October 30, 2017, 09:16:56 AM
Hello,

I think there is too many aidrop.

Consequently, it s hard for a project to stand out from the crowd.

During October, there was request network, kyber network, airswap, jibrel network, paragon, lever J, notary........
Moreover, with the fork and segwit, people could sell their tokens on a price less than Ico price.


Title: Re: Problem of nowadays ICOs
Post by: PuertoLibre on October 30, 2017, 09:18:49 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

Yes..... I totally agree with you. Many small investors just take care about big profit. Otherwise, if the project is cam, though you do a research,  you still lose your money. I think before you invest, you should ask people who has experience. Or you can ask in this forum. they will help you.  :D

Profit is only reason which attract other traders to cryptocurencies. Crpytocurrency is best for this purpose and flexibility makes things much more easy. From my experience i dont advice dy trading. Why someone wanna to waste time with hourly charts if s/he can make same amount with weekly charts.At the end profit matters ;)


Title: Re: Problem of nowadays ICOs
Post by: CTO@MyBitMine on October 30, 2017, 10:16:17 AM
Yes quality of most ICO's worry myself. I'm totally agree with you it looks like rush, exactly looks like "golden-rush" in 19th century. Everyone try to get easy money and doesn't worry about projects.


Title: Re: Problem of nowadays ICOs
Post by: JeffBrad12 on October 30, 2017, 10:38:37 AM
Yes quality of most ICO's worry myself. I'm totally agree with you it looks like rush, exactly looks like "golden-rush" in 19th century. Everyone try to get easy money and doesn't worry about projects.
It's a bit difficult to choose the best project caused by they are all in the same quality. I meant as you can see there is no the best ico to repeat the history of the omisego and others.
Eidoo project is the only one that already developed and released the useful product in this time and at the same time only a very little percentage of the total amounts of the project in 2017 that released the working product.
The quality of the ico in this time is decreasing.


Title: Re: Problem of nowadays ICOs
Post by: gregory51gosh on October 30, 2017, 11:42:35 AM
Most of the ICOs do not show the product, maybe that is the problem. There are different stages of projects, people invest on many stages, but have to know more.
For example:

- concept stage: only idea, paper works
- research stage: evaluating assumptions
- MVP stage: prototyping, working with initial customers
- startup stage: no profit but first customers
- seed stage: there is unstable profit but one can see scale
- VC stage: for scaling

It is how I define the projects. Our token loyalty is between research stage and MVP (we got engine, first R&D, but still introducing it to customers). Most of the projects of research and MVP stage are most suitable for ICOs because participants are often first customers of the platforms built (like our assumption for loyalty system users).

The community often supports projects where there is no product, just got to be informed on what stage the project is.


Title: Re: Problem of nowadays ICOs
Post by: Meruem on October 30, 2017, 06:30:57 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?

Yes..... I totally agree with you. Many small investors just take care about big profit. Otherwise, if the project is cam, though you do a research,  you still lose your money. I think before you invest, you should ask people who has experience. Or you can ask in this forum. they will help you.  :D

By the way, the big problem is that even when you are an experienced investor (or you have experienced friends, advisors etc) you can never be sure if the project is scam or no.. Will the project be successful or no.. I think luck plays a big role here, and you should be very lucky to get an appreciable profit from investing. I often hear such statistics luck from 30 ICO's only 2-3 can be successful. Too risky.. So, better to invest only the amount you are not afraid to lose..

Quote
During October, there was request network, kyber network, airswap, jibrel network, paragon, lever J, notary........

Hmm, what finally is with paragon? Is it scam or no?


Title: Re: Problem of nowadays ICOs
Post by: foxydoxy on November 02, 2017, 01:21:30 PM
The problem that i know in the ICO nowadays is the false project where they just create an ICO to gather some funds from the crowd but those crowd didn't know that the ICO is fake and the project is just for scamming and stealing money from them and because of that problem it stole a lot of bitcoins and ethereum from people.

Is there any way to detect scam projects? If you have some tips share it here please. All of them have good advisers, whitepaper seems legit and a lot of people invest on that, so how can we find out this is fake or not!?

In fact, I think there is no way to detect phishing projects, most ICOs hide the information about their headquarters, the only information we have. They can find out who their team is, and it is not enough to confirm anything about that project.

Oh, it's really bad for ICOs, I think cryptocurrency networks should figure out how to solve this problem soon, nowadays ICOs are so risky and don't solve any problem at all, just some scammers steal money and after a while maybe SEC start to investigate to find them!! It's stupid!


Title: Re: Problem of nowadays ICOs
Post by: fatenmo on November 02, 2017, 01:31:14 PM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
You have good ICO's that fulfill most of their goals and your expectations, and you have other ICO's that just try to scam you and pretty much waste your precious time and money! Expectations need to be met, and quality of the entire project is important to reach those goals.
Some developers just want money and they dont solve a problem or create an idea that will benefit anyone. They need to deliver something that can work in the real world.


Title: Re: Problem of nowadays ICOs
Post by: chrisfatos on November 02, 2017, 01:37:38 PM
Problems in ICO's consist of many things.
1 .Lack of quality in concept.
2. Lack of knowledge.
3. Weak team composition.
4. No real information within project.
5. Wrong motivation
6. ICO Investers can be a problem too.
The list can go on and on...ICO's need to be well studied and worked on to be successful.


Title: Re: Problem of nowadays ICOs
Post by: ramsdaj28 on November 24, 2017, 02:42:25 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
Exactly! The problem is not actually on the part of the developers of these new coins and tokens. I have read a lot of ICOs' whitepapers and I have found out that most of these projects are actually interesting and could be a great help in meeting the needs of the people. For me, the problem is on the part of the people who are joining these ICOs.

For me, there are two main reasons why a ICO fails. The first reason is that people who join these ICOs don't actually read (or don't have any interest) in reading the whitepaper of the project. The whitepaper should actually be the first thing we should look at if we want to join an ICO. It contains all (or most) of the details about the purpose of the coin/token/project itself. This leads to misuse of the coin/token.

Second reason why most ICOs fail is because of "BUY NOW, SELL NOW" mentality of the holders. People tend to join in ICOs, buy a lot of tokens, and once these tokens are available for trade in exchanges, they sell their coins and tokens immediately. That will result to a pump and dump situation. The worst thing is that once all holders have sold their coins/tokens, the circulation of that certain /cointoken will stop leading to a huge drop in the price of the coin/token.


Title: Re: Problem of nowadays ICOs
Post by: Baimovic on November 24, 2017, 02:57:31 AM
yes, I agree with your statement, for an investor it is a risk that must be accepted, therefore, should an investor analyze in advance whether an ICO has a good prospect or not. so it will not harm the investor.


Title: Re: Problem of nowadays ICOs
Post by: soonhy on November 24, 2017, 03:06:11 AM
I agree that many people now a days simply invested at ICOs without reading and they don't even know what they had invested. So my advice is try not to involve too many ICOs as we won't have so many times to monitor it. Just invested those potential good project ICOs.

Some ICOs really need to stay away especially for those intentionally just want to raise their money illegally and the project has totally no value at all.

The ban of ICO in China in fact is the good one and they want to have the regulation for those ICOs. With the regulation, I believe it is good for investor so that they won't invest in illegal or scam project.


Title: Re: Problem of nowadays ICOs
Post by: Snaic on November 24, 2017, 06:27:04 AM
So far, the biggest problem of the ICO is still the problem of fraud and poor-quality selection of the project by his team. To eliminate possible risks, still need to regulate the conduct of the ICO. This may be state or public regulation, or their mixed forms of control. What is the use of blaming investors in this case? They already suffer from such ICO.


Title: Re: Problem of nowadays ICOs
Post by: jibrelnetwork on November 29, 2017, 02:01:52 AM
With ICOs it should be team, team and then team.

It's like VC funding on steroids. The most important element is team.
You need to be confident that the team is competent and trustworthy enough to deliver the project.

Which is why its scary that all these "We help you ICO" companies popped up. Because they hide the true competence of the team that will inevitably have to build and deliver the project / product.


Title: Re: Problem of nowadays ICOs
Post by: ropyu1978 on November 29, 2017, 03:59:54 AM
Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?


this is what happens, but if someone who has had a long experience and has been involved long enough on crypto they know what to do. but unfortunately for new investors. what you say completely I agree.


Title: Re: Problem of nowadays ICOs
Post by: ruskytailz02 on November 29, 2017, 04:16:40 AM
the main problem is those SOME of campaign managers who is making ICO bad in the eye of many people.. ICO is good way to introduce and raise funds but those scam managers making the ICO image bad.. thats why many of people thinking ICO is not proffitable and 90℅ of them making scams hahahah good for those scam managers ...

sime says quality
and build to trust by most of people


Title: Re: Problem of nowadays ICOs
Post by: Judy90 on November 29, 2017, 11:45:23 AM
There are a lot of sketchy ITOs coming up recently. I'm usually looking at 4 main things in ITOs (+ a little bit of gut-feeling):

1. How is the team? Who are they? What are their goals?
2. Is there something behind their token sale i.e a solid implementation?
3. Market feedback, how do people react to it?
4. Token sale parameters: how many tokens and why the amount? How many tokens are sold? How much for the team? etc.

I found a quite interesting project some time ago. It's called GetGame.io (https://getgame.io), it's a blockchain based game development platform. I run it through my checklist and I think it's quite a promising project. It has a solid team and a solid purpose (to make game development easier and more accessible), they have a strong implementation (a platform for game devs with all the necessary tools), feedback is very positive and they are only issuing 500k tokens for the ITO, indicating that they value their backers and don't do it only for the quick money grab. I suggest you check it out yourself, their ITO starts on the 30th of November 2017. I personally have high hopes for this project.


Title: Re: Problem of nowadays ICOs
Post by: jacaf01 on November 29, 2017, 12:15:29 PM
The problem with most of the ICOs is the overvaluation of the projects, you can look back at most of the most successful ICOs in the space even if you look at Bitcoin, they all started small, all the projects with $100 million valuation have all underperformed in the market.


Title: Re: Problem of nowadays ICOs
Post by: TravelMug on November 29, 2017, 12:22:42 PM
the main problem is those SOME of campaign managers who is making ICO bad in the eye of many people.. ICO is good way to introduce and raise funds but those scam managers making the ICO image bad.. thats why many of people thinking ICO is not proffitable and 90℅ of them making scams hahahah good for those scam managers ...

sime says quality
and build to trust by most of people

Could you please pointed out who is the managers that you are referring to? The last ICO that I know that pulled a stunt act is Confido. The bounty campaign manager is Atriz and he himself was also a victim. He invested 80% of what he was being paid so also lost in this scam. So I don't think that managers are giving ICO bad images. Even they can't even detect a scam ICO from the beginning that's why they accepted it in the first place. I guess it part of being a bounty or campaign managers, even though they are strict, they won't know if the project they have been managing will turn out to be a scam project at the end.


Title: Re: Problem of nowadays ICOs
Post by: keykey1 on November 30, 2017, 11:18:12 AM
Since ICOs appeared pretty recently, there are no rules are regulations concerning these projects. Dishonest people use it and make bubbles — they simply collect money and vanish, closing their social accounts even. There are about 4% of ICOs that give very good profit to investors, but they exist.


Title: Re: Problem of nowadays ICOs
Post by: bitekoin on November 30, 2017, 11:45:17 AM
Since ICOs appeared pretty recently, there are no rules are regulations concerning these projects. Dishonest people use it and make bubbles — they simply collect money and vanish, closing their social accounts even. There are about 4% of ICOs that give very good profit to investors, but they exist.

I agree, investing in a coin with a good product, transparency vision and better outlook of the team like the upcoming Roboadvisorcoin, SALT etc solidifies investor trust.


Title: Re: Problem of nowadays ICOs
Post by: Satish147 on November 30, 2017, 11:57:38 AM
Recently everyone thinks ICO investment is a process of get quick rich scheme.

And it was proved in the initial months of 2017 where everyone who invested in ICOs are already got profited with 2 to 3 times profits on their investments.

But now it is difficult to get profits in ICO investments because lot of ICOs are not having any MVP or even not able to acheive their targets after funds has been raised.


Title: Re: Problem of nowadays ICOs
Post by: CTO@MyBitMine on November 30, 2017, 12:04:25 PM
I think the biggest problem of ICo nowadays it is quality of project and teams who wants just earn money. I'm crypto entuthiastic and im frustrated when I see such count of ICO, it's just a golden rush.


Title: Re: Problem of nowadays ICOs
Post by: eiracube on November 30, 2017, 12:20:01 PM
I think the biggest problem of ICo nowadays it is quality of project and teams who wants just earn money. I'm crypto entuthiastic and im frustrated when I see such count of ICO, it's just a golden rush.

I agree, you just need to know the question better. But the opportunity to get"easy" big money is in the air, so people sometimes just be blind.


Title: Re: Problem of nowadays ICOs
Post by: hell3r on November 30, 2017, 12:28:41 PM
I feel you. A lot of investors and newcomers to crypto are FOMOs. They rush and theyre confident with it cause they think they would earn so much profits just because theyre one of the pioneering investors, this is a good idea though but you should research. Pioneering is an amazing thing but being unawared of your invested project is a dangerous thing. In this era, you should really be picky with iCOs because there are bunch of them and 80-90% are scam. You would know if it really presents an interesting intention to the community.


Title: Re: Problem of nowadays ICOs
Post by: nityans on November 30, 2017, 12:34:40 PM
The main problem is bad preparation - some don't even have WP or roadmap, competitors analysis (and unique offer). And I found only one gaming project with live working app, right and clean WP. Maybe some of us know it - IQeon project


Title: Re: Problem of nowadays ICOs
Post by: DIW on November 30, 2017, 01:37:20 PM

The first problem would be that ICO's dont' get enough credit anymore, due to the fact that there are too many scams. So called developers conjure up an idea to make money and unfortunately some members of the community become the victims of scams.

Secondly, not all ICOs have a real plan or concept. The ICOs whitepaper and roadmaps are not accurate, not achievable or legit. There is zero vision and no actual mission, ultimately the ICO will go nowhere. These types of ICOs usually do not finish successfully and hardly raise any funds to support their project.

Thirdly, ICOs nowadays have no experienced teams. Having a team, a solid Board of Members and Advisers is most definitely the number 1 element in any ICO. The team is what will make things happen in the project. They need to maintain the project, be supportive and thrive to make the ICO successful.

These are some important factors that need to be looked at.


Title: Re: Problem of nowadays ICOs
Post by: Usui-Kun on November 30, 2017, 02:10:07 PM
Scammers are actually a thing right now but if you really look at the objectives of the ICOs and research or dig into it, you might be able to tell if it is a scam or not, probably.


Title: Re: Problem of nowadays ICOs
Post by: ufalo3 on December 06, 2017, 08:52:21 AM
The main problem is bad preparation - some don't even have WP or roadmap, competitors analysis (and unique offer). And I found only one gaming project with live working app, right and clean WP. Maybe some of us know it - IQeon project

You're right. Many do not have sufficient training despite a good idea. I saw a lot of good ideas, but they did not achieve the goal due to the fact that they could not properly design the project and make a good advertisement.


Title: Re: Problem of nowadays ICOs
Post by: popoypalaboy03 on December 06, 2017, 09:04:16 AM

The problem with most new ICOs is a lack of a real-world product. They all give you the same blurb about being decentalized and how they are revolutionary and going to change the world, yet they do not have a useful product, and if they do, there's no legitimate business plan on how they will take over the world. Most don't even allocate a proper marketing budget outside of marketing to raise money for the ICO.

Do not let yourself become emotionally attached to any coin you have, or any ICO you are thinking of getting into. I will not write about which recent ICOs I think were not worth it, since I'm sure we can guess as a collective group of smart readers. That being said, if a company adjusts the rules of the ICO abruptly and soon before the ICO, maybe it is a sign to take another look and decide if you still want to buy the coin.


Title: Re: Problem of nowadays ICOs
Post by: Kryptogenie on December 06, 2017, 09:24:59 AM
Most of the ICOs these days have no proper clarification of the product. Their whitepaper does not have enough details which can satisfy an investor to invest. Some of the ICOs are running just for getting fund without any implementation.