Bitcoin Forum

Right so the ICO craze this year was ridiculous.

My personal favorite: https://www.youtube.com/watch?v=yxZ1TBzv_SM

The CEO of ParagonCoin

Let's not forget her Gmail got hacked and she publicly tweeted at Google and her followers asking them to help her recover it. What could possibly go wrong????

This is going to be an interesting trend. I don't have a personal favorite ICO flop but I'm interested in what others have to say. The question I have is what makes an ICO the worst for you? Being disorganized, being hacked, not able to raise the projected amount of funds??

Surely you can add Onecoin to the list, a good lesson for everyone, scamming people is not that hard at all.
Read more here (https://cointelegraph.com/news/onecoin-leads-top-3-scam-coins-list-s-coin-earthcoin-follow) :)

I'm also curious what people think will constitute the "worst". I suppose I would be looking at one that got away with "stealing" the most money. Or maybe one that raised a ton of capital and used it in the worst way possible. Guess this could go a few ways. I haven't personally got involved with many ICO's at all but I'd like to see some fail stories.

Surely number 1 criteria to be qualified for worst ICO is deliberately scamming people from the very beginning.

Hopefully someone will put together a fairly comprehensive list for 2017--the year of the ICO. It will be very interesting to see how many of those projects are still around in 1-5 years. Most of the talking heads seem to anticipate a roughly 90% failure rate. That seems about right.

In all honesty, 90% failure rate seems an underestimation still.  :)

From very beginning this ICO is weak in campaign and investing funds that maybe they could not even hire an IT experts to protect their system and i think this ICO is like of those existing coins for today that was crap and destined to fail because lack of funds in which they are just hoping that many will invest to make their ICO gain big against their low budget.

Ziber.  Dev. Claimed all their Ether deposits were stolen ... Abandoned project ... Locked the topic.

https://bitcointalk.org/index.php?topic=2008297.0

Want about Tezos ... Raised of a ton of money,  lots of hype, now we find out the ICO deposits were classified as a donation to a nonprofit that the Tezos dev. dont even control....

This isn't the only the worst ico don't forget about tezos who somehow ended up rasing $230 million and reading there whitepaper gave most of us cancer. Even after being able to raise such a amount in recent events the team had a conflict regarding bonus tokens which led to fall in price immediately.
Second one would be dcorp and suncontract both ico had successfully reached ico goals but..
Dcorp : Ico took place in june and successfully raised $3 million promised to get listed on a exchange but still no answer from the team nor anything new on the platform they are developing.
Suncontract: Which raised $1.5 million and plans to provide solar electricity till now has no update regarding there progress. Most investors did get good profit but it purely a pump and not because of the updates given by the company.

I would have to say Tezos. It was a very successful ICO in terms of raising money, but look at the mess the project has become right now. The dev team might even end up going to jail for fraud! Shows how much money is being thrown around in these ICOs without serious thought...

Of course the worse ICOs are the scams which were planned to be scams from the very beginning, like LUST.
But it looks that the worse ones have been Minereum and Artemine.

What about Kyber network.
The hype and the price.
The secretive whitelist and selling just for the spot.
Those double investor are great for the network.

Even accredited investors are losing their money from this.

Kyber is still above ICO price so I wouldn't say it was too much of a fail.
But yes over hyped and now slowly fading away.

Scams ICOs are the most worst ICO ever, Personally I experienced this with Sentry token a so called blockchain and a stratis killer, well all my time and effort are useless all i thought the project really promotes good technogy. Well be careful on joining ICOs so you will not waste your time and also your money.

monetha raised 35 million in 18 minutes.
now it is trading at 1/3 price of its ICO price.
this has to be the worst ICO

I think my list include Humaniq, BCAP and CoinDash. All these projects raised significant amount of money but nothing for investors to dream about. All now significantly  below their ICO price

Maybe this is a good idea to do, so ICO and cheating failures will be seen in the ledger here, I'm sure someday they will definitely make ICO projects again, but with different coins and concepts to cover their past cases . Maybe with this inevitably everyone will know for the upcoming. :D

I dont know if we shouldblame projects for tge fact that crypto investors love hype and things move fast. The minute a coib is not on the news, people forget. Humaniq just got added to Coinomi, let's hope that will make a difference

Absolutely, you are correct. I guess my number 1 would be Superior coin. It was pumped and pumped by well known coin pumper, Suppoman. The developer disappeared with the money and left the Founder and Investors with nothing. Then there's chain coin. I'm not sure they fit the category or if we should start a different trend for coin with dumbest investors. Hahahaha

Scams ICOs are the most worst ICO ever, and we're not yet scratching the surface. There will be thousands in the coming years due to decentralisation and trustless trust. Watch this space.

Most people are sceptical when it comes to ICO's. All you need to do is a good research before buying ICO's. The most important question is: will their ICO's actually be useful for smth?

and what about PLBT Polybius ???
No more ico concern with the banks  >:(  >:(

too many to keep track, I mostly just ignore ICOs, sure I could be losing great opportunities, but until ICOs get cleared of all the trash I'm not risking one satoshi

Yea, that was a really huge scam. But I tested Ziber app and it's was really working program.

Price doesn't say anything about the quality of Monetha's product though. I decided not to participate in their ICO because I thought it was overhyped, and it turned out to be the right decision, but their idea is good, give it time.

That's PBT, they sold it at 3BTC then 5BTC per tokens.
And now it's less than 1BTC  per token