Bitcoin Forum

What happens to the tokens/coins once an ICO company decides not to continue?

Well, Sometimes the company just burn the token, for those who buy in the ICO, if the company is really legit, They are sending back the money of the people who invested in them. There are also cases that the token stays but of course they token will became shitcoin because they don't have any value.

If the ICO doesn't meet the soft cap (minimum requirements), they will abandon the project and refund all investors.  Sometimes, if they are off by a little, they might just consider continuing with the project even though the soft cap was not met. 

Its true ICO team will burn them and the possibility of giving your investments back to you. So when you invest in one ICO remember you must be updated to the ICO everyday to see whats happening.

But got to ask this so Is there by any chance the ICO team will just leave and has the possibility of gained investments will not be return to investors? Is there any issue that happend hare?


QUESTION again (questions can be answered by anyone, just curious)

Is this like waves? Never know if waves ceeator just leaves there creation and never burn them?

Do you think waves still have any chanced of popping up? An

When the project has failed,some of these legit ICOs will give your money back,but most of the time these ICOs wont so it is yours to make decisions to participate or not in the first place,this is the risk of joining ICOs that you arent familiar of,ICO investments needs a lot of time and research for you to lessen the rsik of losing a lot of money.

when alt coin fails when ICO is mostly  dev and the team extends the time during ICO and wishes they encounter a hardcap that has been specified.
all depends also on the team and dev on the ICO project.

Without the project, most tokens are useless and will worth zero because they are utility tokens, if project will not continue, there is no meaning left. But teams dump coins before us  :D bad aspect of this.

In the good case scenarion, money are returned to the investors in ETH.
In the bad case you are left holding useless token, that noone will buy.
In some rare cases as Jincor are doing right now, they are continuing working on the project and looking for alternative financing.

In most cases, if a company failed and did not raise money for its idea then they return money to investors and everything.

If they're not scammers, they'll have a buyback process to return the $$$ to the investors.

Most legit ICOs that i have seen or had encounter with and that could not continue with their projects, usually do a pay back to their investors so that investors will not be on the loosing side. If it is other wise, it means that the investors will loose what they have invested and the token become a?most useless.  These useless tokens are known to be shit coins and will have no or less values at the end.

I really don't know what will happen if the project is unsuccessful but looking back on my campaigns before they burn alot of tokens so that supply will decrease and the demand is going to increase.

Price dumps hard
Exchanges will drop tokens/coins
In few cases, another group of people start to develop around coin as volunteer.
There  will be almost zero trading volume within a month after dev flew away.
Devs will announce different coin where you will be allowed to swap your old tokens.

Coin or token can stop development and price will go down!
Best ICO will refund to all member! Other not!

that means if the project will be stopped. as far as i know about the team will run away with so many amounts of money that raised through the crowdsale. But i think that we can try to report them all to the official institution.

I think they will try to give back your investment on that not sure if you invest in something definitely make sure and made research about that and take a good decision before investing it is the right move to make profits.

You have to read the rules, because it says they will return the money to investors, but in many cases they will deduct an admin fee so you will get less back than you invested. This isn't a bad thing, the team could pack up and go taking your coins with them pulling an exit scam! That is why a sold out pre-sale means it is likely to go ahead, and coins are cheaper at the beginning.

Now some teams just add 2-4 weeks to the ICO campaigns in order to gather a soft cap or hard cap. Some new bounty managers are leading the campaigns not very wisely with strange politics and rules, therefore the projects might not to get even a soft cap, although its technology or economics is good and lucrative. In the most of cases the tokens are not being burnt.

Exactly, so better to make a lot of study before you join any ICO because not all ICO succeed.
If you're lucky enough your money will be back but the worst thing is, it became scam and a useless one.

Thank you all for your inputs, it's all clear now :) Cheers! ;)

If the source code is open source than mostly some new dev might fork it and continue the project or the old devs might hand over the repo keys to the new devs. But if the ICO creators exit scam, than you are out of luck and can expect the price to hit the floor soon.

The ones I know and seen; all they did was to refund the people's money those that invested in the ICO. Although, some of them have been so bad taking people's money away to never talk about them or refunding their money. Hence, the most common thing people do is to refund people's investment.

They will be delisted from exchanges and the investors and holders will face losses, that is why it is very important to invest only in quality projects, due diligence is very important before you put your money in any project.

The go to the heaven of the tokens, where many new blockchains offer them a place in their blocks where the can be happily hodl by token-angels and no investor goes to claim in court.

it seems that today is the right thing to buy more altcoin.

mostly if ICO project is not gaining what they aim to be , a legit ICO company are usually opted to return the money of the investors , fees are also deducted by some company but it happen due an agreement. ICO's usually burn their unsuccessful token to maintain the number of coins in the market.

If you mean after ICO they sre burned or frozen. If on the halfway they would probably give you money back with the deduction of fee in case there is not a scam

You don't know ? When ICO failed to collect enough funds, they usually refund back the ETH you used for the tokens you bought.
Therefore, the investors still guaranteed. but the worst thing is, the ICO reaching softcap, but it doesn't go well in the future.
You won't get any profit from undevelop ICO.

if the project was unsuccesfull the token willbe burned and all contribution will be refunded, there's many case like this that ICO didn't reach softcap and the team decide to stop the project, but there some who still continue and want to start over with a developed product.

Given that the project is unsuccessful, they have no choice but to burn their tokens. Or sometimes, they keep it and make theit ICO better in time. They develop it more and they come back at a later time to try once more.

If the ICO company is genuine then they burn all their coins and give full refund to their investors but if developer is not good then he live the coin in limbo  and then coin will have no value in future.

Today, many projects are unsuccessful, because they just lost very much in price. I think that the situation will soon change, I very much hope this, because many people are waiting for this event.

It depends on the working team who is behind any ICO, if they are genuine and they not meet their target then they give full refund to their investors.

There is a good conscience ICO that return money to investors, but many simply become useless and you lose everything.

Once the ICO didn't met the soft-cap they will eventually end this since they won't have a fund to continue on the project. Some really burn their coins then return the money to investors. Some continue but this is bad because the coin will no longer have a value. In worst cases, if you encounter a scam they will just run with the money.

Sometimes they convert and send to the money, sometimes they stay and they become useless and we have to choose good projects for them and we should not enter any project we have not seen in the future

well the coins or altcoins maybe decreased their users and maybe all altcoin users are all be disbanded because of the ico company.

you mean? I do not really understand what you are discussing
at this time the market becomes crazy and chaotic due to many factors due to prohibition where. but what makes the situation worse is the new investor who tends to panic in every situation. this is what makes atlcoin not develop properly. the market goes crazy, bitcoin down and its effect on altcoin.

I do not think so, because altcoin I think he still needs time to make people believe in the altcoin, such as token etherium which is now trusted and this will make him more valuable for the future.

during/after ICOs if they decided to stop their tokens will have no value anymore and they will return the funds investor invest but there are instances that they don't return it so be careful when investing.

well, what makes you think like that? Are you a newbie, or?
every technological development will be accompanied by new innovations on each crypto. ico, is part of the revolution of bitcoin. new innovations are born and presents different ideas. Of course, many of the ico have no good future. with this we must be more thorough again to learn and analyze it if interested in investment.

nothing. just disappears. maybe she did not create any tokens. And those companies that are already traded, then simply depreciate.

Yes, I'm new to Crypto and I got questions regarding how stuffs work. Just wanted experienced members share their knowledge so I can learn more.

In my view, it is a good company for bounty hunters and I am working with them already. I already got my first bounty payment through their platform.

There are so many reason behind that if the soft cap not fullfill and the project was not good then it will always fall. most of the new ico are faceing this problem so before i invest any new altr i try to check  this things like road map, dev team, vision, and the market popularity.

Usually they will burn their token because their token will have not price. They are also will send back all money of all investor that have invest to their project. In other case, the scam project will not recover investor money. So, we must decide to find legit ICO project before take a part.

If they burn the coins(you're talking all coins here?) how will they be able to return the money to investors then?

I guess nothing happens and investors just lose money, as well as bounty participants. But thanks for writing that in some occasions you can get the money back.

If a company has great prospects and has ready-made developments, then it can not just decide to stop working on the project. Sometimes, when some employees lose motivation, they can leave the project and new professionals will come instead.
 So, if you have invested your money in a reliable altcoin, then do not worry that the project team will stop working on it.

If a good ICO project does not sell enough tokens over the soft cap, then they will pay back to the investors. If they cheat, then you lose money.

if you think altcoin is unsuccessful, you better to stop doing this crypto. why?? because all altcoin can give profit to the user even if the profit is too low. altcoin is alternative like in our way or highway in road, if the main road have a heavy traffic there's a lot of alternative routes for the rider and actually to the commuters like me. because as a commuter i can siggest to my driver to take or to find another alternative routes specially when i'm late in my work hehehehe

I just recently joined one bounty program that they were not able to hit their soft cap. They immediately sent out announcement apologizing to all contributors of what happen. Then a day after they started to refund the investment of investors. As for us bounty hunters, it was clear from the beginning that if the ICO fail then payment for bounty will not happen. It was sad but that how it goes.

when they decide not to continue then we can do nothing.
I had altcoins that were useless until today so they're just sitting on my wallet and what I did is to create another wallet and transfer my altcoins that has values.
failed altcoins like Tangerine Exchange, AltOwl and other 3 which I forgot their coin names.

I've been joining a lot of signature campaigns since last year so I've been in this kind of situations that the only option we can do is to find another bounty campaigns and start over.
we should understand that sometimes things won't go well according with our visions but we just trying to join a lot of Bounty campaigns in order to collect new altcoins as many as we can while we are still able.

If the projects are fairly legit then they will decide to return the funds from the investors. They do this by allocating all the equivalent funds that were invested into their projects and they will refund the amount on the address from where they received the funds so that no can cheat on them. However I started my sentence with one important word and thats "legit". To be frank with you not all of them are so caring to refund the money. Most of them will give some reason and may go dark in the time to come. That is from where the scam starts and we get no choice but to forget about these projects.