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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptothief on June 05, 2018, 01:07:19 PM



Title: Failed Projects Returning Investors Money
Post by: cryptothief on June 05, 2018, 01:07:19 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?


Title: Re: Failed Projects Returning Investors Money
Post by: xiaoY on June 06, 2018, 08:22:54 AM
I think you are very lucky. Now many ICOs cannot do this. Once the project fails or something happens, they may disappear. I suggest that you stay away from ICO in the future and it is really dangerous!


Title: Re: Failed Projects Returning Investors Money
Post by: Maxre on June 06, 2018, 08:31:38 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

when investing in an ICO we must be prepared to accept the risks we take in it.
and obviously they will usually refund your money if ICO is indeed there but not successful, different from the beginning if the ICO we choose the SCAM is definitely your money will not come back.


Title: Re: Failed Projects Returning Investors Money
Post by: Archibaldos123 on June 06, 2018, 08:34:37 AM
It happens very rarely that ico returned money.  You will be very lucky if you return your investment!  I got into the projects of scammers three times and ended up without a large amount of money, since then I have carefully and long been selecting and analyzing ico before investing my money in it.


Title: Re: Failed Projects Returning Investors Money
Post by: labake on June 06, 2018, 08:38:37 AM
From experience, as a matter of fact, you would surely get your fund return once you did not invest in scam project from the start. Investing in a good project is not okay enough to belive they would hit the target, so someone need to be prepared for the risk.


Title: Re: Failed Projects Returning Investors Money
Post by: deeryemeles on June 06, 2018, 08:41:09 AM
Very lucky as you're getting your money back from the failed projects. That doesn't happen too often let alone twice.


Title: Re: Failed Projects Returning Investors Money
Post by: BTCwin1 on June 06, 2018, 08:41:46 AM
I think you're very lucky, they are two very good project, because the two teams enough integrity, most of the time, if the ICO project failed, so you can't get any rewards and principal.


Title: Re: Failed Projects Returning Investors Money
Post by: Xclusive5 on June 06, 2018, 08:43:08 AM
There are some projects that failed to reach their soft cap. In this case, such projects will include the clause that if they were unable to reach their soft cap, they will return all funds. A good example of such project is Digipulse, I participated in their ICO and they didn't achieve their soft cap and they returned all funds they collected during the ICO.


Title: Re: Failed Projects Returning Investors Money
Post by: nemey on June 06, 2018, 08:46:11 AM
During some recent times, some project ICOs doesn't reach the soft cap sale. Therefore, their ICO was canceled. I heard about the Bitrust recently. Yeah, they commonly will refund our money from investment 100%. But, we cannot do anything if the fund cannot be accepted 100%. Just for better hope next. Whatever happen, this is one of the risks that I must follow.


Title: Re: Failed Projects Returning Investors Money
Post by: summerbloom on June 06, 2018, 08:53:41 AM
 Well,, it will depend upon on the terms and conditions. A lot of reputable ICO’s have minimums that they wish to raise otherwise they state in there terms they will refund participants but I've been scammed before, but most good ICO’s are going to reach minimums, If you do your research, on you tube, read Reddit, you should have a good idea on the crypto community consensus, Steemit can be a good place to look as well.


Title: Re: Failed Projects Returning Investors Money
Post by: LSt56 on June 06, 2018, 08:54:30 AM
yes of course, they usually refund if they experience a failure or can not continue the project, but there are also many dishonest ICOs who disappear when they fail and take all the money they get.


Title: Re: Failed Projects Returning Investors Money
Post by: Bttzed03 on June 06, 2018, 08:58:59 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

You are lucky that you are able to recover some of your losses. Not just the 50% but also the lost opportunity to invest in other projects for potential gains. Well, we all have to learn from these experiences.


Title: Re: Failed Projects Returning Investors Money
Post by: azvn on June 06, 2018, 09:17:42 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

Its gambling when you invest in ICO. After investment, all your money is not on your pocker, so it depend on the project. If they turn to be scam, unlucky you, you never get back your money. When you invest in ICO, you should ready to lose it.
As my experience, lucky me, I invested in GOLDIAM ICO and they failed of reaching soft cap. All money are refund to investors through smart contract.
You should follow their telegram group to find out that they will refund or turn to scam.


Title: Re: Failed Projects Returning Investors Money
Post by: avikz on June 06, 2018, 09:21:57 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

You are getting refunds because you had invested in such projects where genuine people were running it and not by any scammer's group. Not all ICOs do that. I have millions of dead coins where the ICO team simply closed their website and disappeared. I lost more than $1,000 by investing in such ICOs. But you seem to be lucky because you have chosen good quality ICOs who at least have the integrity to refund the investor's money in case they fail to reach their softcap. I didn't yet have any such experience.


Title: Re: Failed Projects Returning Investors Money
Post by: arakuns on June 06, 2018, 09:35:13 AM
I think some team handling ICOs now are probing to be of high integrity. I recently participated in an ICO bounty campaign, although I am not an investor but I saw through their telegram annoucement channel that they will be refunding funds to their investor because they think that from all indications they cannot be successful.


Title: Re: Failed Projects Returning Investors Money
Post by: dpui98 on June 06, 2018, 10:15:04 AM
Well, you are so damn lucky, although we already know 95% of ICO will fail, they hardly refund.

I already have sensing that some of my portfolios will fail so gonna see them as loss already

50% is better than nothing seriously, invest smatrter


Title: Re: Failed Projects Returning Investors Money
Post by: masterrex on June 06, 2018, 10:59:48 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

That said so many times but I'm not experienced it, Ever since I'm investing in ICO I think you should be Careful next time just choose the right prospect next time! there is still worthy ICO to invest if you do it with passion and sincerity don't be afraid to try always there is a hope.


Title: Re: Failed Projects Returning Investors Money
Post by: md-12 on June 06, 2018, 11:02:33 AM
I think you are very lucky because i do not believe there is not legal procedure about money back. I read before some investors did not take their money back


Title: Re: Failed Projects Returning Investors Money
Post by: siena23 on June 06, 2018, 11:05:47 AM
my experience is a failed project that will curb investor funds, and as far as I know the project team project will return and investors 100%, but there are also projects that fail to bring the funds of investors and it is very sad. I think the project team you follow is very professional.


Title: Re: Failed Projects Returning Investors Money
Post by: haroldtee on June 06, 2018, 11:19:02 AM
I do not see any reason why you would not get refund as long as you have invested in a project that is legitimately sound in the first place and the team actually are not just there to take your money but to bring out a good product/project in the long run. They are easy to detect for anyone who takes team seriously when trying to invest in any ICO and that is always the importance of making that criterion a very important one.

It is only when you have invested in a scam project you should obviously forget about your funds because two things are bound to happen. It is either they close every form of communication and zap away with the little they have accrued while plotting their next scheme, or they just go ahead with the distribution, launch the coin or token into any shitty exchange, and no development whatsoever after then; one reason to never also invest in empty promises.


Title: Re: Failed Projects Returning Investors Money
Post by: CrimsonGT on June 06, 2018, 11:22:35 AM
I did not know actually that refunds are possible, but I think it is good news for you. I suppose they should return back your money to the wallet which was used for ICO transactions.


Title: Re: Failed Projects Returning Investors Money
Post by: BetadiNe on June 06, 2018, 11:25:34 AM
I think it is very rare, usually they will disappear and no contacts can be contacted, this is very harmful to all people who invest in the ICO


Title: Re: Failed Projects Returning Investors Money
Post by: tng811 on June 06, 2018, 11:37:13 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

Looks like good people are still there. I seldom invest in ICO, but it is good to hear you have their refund. You must be a lucky person.


Title: Re: Failed Projects Returning Investors Money
Post by: Supercrypt on June 06, 2018, 06:24:32 PM
I have had this issue just only once and I got my investment back fortunately since the project could not even reach the soft cap after the ICO.

The future is uncertain and even if you believe that people may end up seeing what you can see in a project still does not mean they will see it, and that is one thing about the ICO world and one of the reasons why you should always make findings about team before investing.

Some team in that case would end up throwing the coin in the market that way without further development while some will go silent and close every form of communication, so you should count yourself lucky if you ever get a refund.


Title: Re: Failed Projects Returning Investors Money
Post by: pauline_78 on June 06, 2018, 11:19:44 PM
I must say that you used have good project over ICO. Now a days, most of the ICOs don't have this feature. But, they're trying to improve. Let's see what happens in future.


Title: Re: Failed Projects Returning Investors Money
Post by: amacar2 on June 06, 2018, 11:22:54 PM
Haven't heard much about this heardbeats but looks like they have good ethics to return investor money but don't know how they managed to cover all their operational cost till now if they are returning all investors money.. ::)

If ICO is ran by some registered company that have KYC and all other formalities than chance of you getting scammed by them will be low but at the same time you will loss your privacy.  ;)


Title: Re: Failed Projects Returning Investors Money
Post by: kl8847 on June 07, 2018, 12:25:32 AM
 actually I believe they must do that but I have heard that some projects they're not,  they're saying we didn't get enough money, so just get lost


Title: Re: Failed Projects Returning Investors Money
Post by: hoasdnz77 on June 07, 2018, 06:09:03 AM
I think you're very lucky, they are two very good project, because the two teams enough integrity, most of the time, if the ICO project failed, so you can't get any rewards and principal.


Title: Re: Failed Projects Returning Investors Money
Post by: salinagomez on June 07, 2018, 11:09:34 AM
This is really good news. It is not expected that the coin will disappear from the market by taking the money of the investor. Such type of tendency affects the behavior of the investors as well as the reputation of the market. So this news will help to regain the belief of the investors.


Title: Re: Failed Projects Returning Investors Money
Post by: Yudhisthir on June 07, 2018, 11:13:21 AM
ICOs generally refund their investors for not reaching their lower cap. Some have smart contracts to do so automatically while some do it manually. But again there are also scam claiming the same but making a profit on the price change in the time period. Choice of returning the money in dollar value or the coin value have a intention of profit in itself.


Title: Re: Failed Projects Returning Investors Money
Post by: taiwww on June 07, 2018, 11:18:00 AM
No not really as I dont invest much in the ICO's directly. However its good to know from you that there are such companies out there who really takes care of the Investors. I did read such threads earlier but unfortunately they were negative one's. I mean ICO did promise them that they will return the money but they did not return it. There was annoying response of the customers and it was fair enough. So I am pretty sure that you got really lucky and not just single time but also twice. ICO's are dangerous for this reason only but if they have any true agreement somehow bound lawful then we can save ourselves from wrong deeds I guess.


Title: Re: Failed Projects Returning Investors Money
Post by: sehoon on June 07, 2018, 11:42:53 AM
I think returning money when an ICO failed should be a thing now. Because it is a waste of money and time investing on an ICO that is very hyped but later on it is just going to fail. An ICO is failing because the team is not doing well on campaigning their projects which is a very important factor. I would also demand refund whenever I invest on a failed ICO.


Title: Re: Failed Projects Returning Investors Money
Post by: mimienamphine on June 07, 2018, 11:52:43 AM
I always like it when I see failed projects returning the investors money.This is one of the strongest ways to show honesty and transparency on the cryptocurrency market. It tells people that it is real and you cannot lose your investment because  the project failed .So investors have faith when investing because even if the project fails,you get your money back.


Title: Re: Failed Projects Returning Investors Money
Post by: jpnl0002 on June 07, 2018, 11:55:16 AM
it is standard that ICO projects that do not meet up with their goal in terms of the financial commitment of the investment by the investors, such projects are supposed to return back the funds of those who contributed to them whether or not it be stated as a term in the ICO terms.


Title: Re: Failed Projects Returning Investors Money
Post by: Snail2 on June 07, 2018, 02:14:38 PM
You are a lucky one. I've seen a few honest projects where they actually refunded customers  but most failed projects not used to return anything Some might say something about not being able to refund investors because of they already spent all the money on marketing and research but most of these guys just used to disappear without any trace.


Title: Re: Failed Projects Returning Investors Money
Post by: APICEMTECH on June 07, 2018, 02:38:24 PM
You are extermely lucky to have gotten your investments back. Most ICO's which fail are not so transparent and keep on lingering the project while not making any real progress. Look at envion, they made so much money from ICO and are in a mess.


Title: Re: Failed Projects Returning Investors Money
Post by: kenborbs on June 07, 2018, 02:54:32 PM
In the first place, if a company or ICO is not legit from the start of its launch or pre-sale the money you have invested will take them away. But if a company or ICO is legit and they have been encountered a problem along the way. Probably they will return your investments or capital because they are committed to their goal.


Title: Re: Failed Projects Returning Investors Money
Post by: ekdahlswart on June 07, 2018, 02:59:12 PM
Just wait. You're lucky because almost ICO nowadays doesn't returning investor money. Just leave and take their money. Soo just wait and if you're lucky you'll get your money back.


Title: Re: Failed Projects Returning Investors Money
Post by: Whosdaddy on June 07, 2018, 03:01:55 PM
It happens very rarely that ico returned money.  You will be very lucky if you return your investment!  I got into the projects of scammers three times and ended up without a large amount of money, since then I have carefully and long been selecting and analyzing ico before investing my money in it.
Yeah, it does. Some may tell you they will refund and make you go through all the process of refund and may never hear from them again, some do refund though, but majority of projects usually do not since this is a decentralized market and anything goes.

However, if you always make it a duty to choose the right team, project with some legal backing based on some regulations, it is always hard for you not to see a refund. I have actually gotten a refund once before and that was the only failed ICO anyway.


Title: Re: Failed Projects Returning Investors Money
Post by: argus312 on June 07, 2018, 03:12:28 PM
In my opinion, you are very lucky, most of the comrades did not even receive letters, the projects curtailed and flew away ...


Title: Re: Failed Projects Returning Investors Money
Post by: sunnydmd on June 07, 2018, 04:14:17 PM
I have not seen any fail project refund investors's money yet.
but I think it'll be very good if they do so
but sadly, most of them payint investors some shit tokens and some promiss that it would be listed on exchange for them to sell.
take all the faith away


Title: Re: Failed Projects Returning Investors Money
Post by: Mig-23 on June 07, 2018, 04:16:52 PM
I think that is the rule when the project have failed and they must returning the money to all investor because without that we can call it scam if they not returning the money back. we must be carefull from scam project right now because a lot of scam project in bitcointalk right now and we must be aware about it and always give information to each other


Title: Re: Failed Projects Returning Investors Money
Post by: Dart18 on June 07, 2018, 04:17:43 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

Have not yet been with an experience like this and I am sorry that they fail. They paid back in USD?
Is that how they funded their ICO? I thought they were doing it thru ETH or BTC. So If they paid back in the same number of ETH or BTC then there should not be some lost coz it is still the same number.

My investments are still on progress and I dont think they will come to that point. I am still updated in their telegram group.


Title: Re: Failed Projects Returning Investors Money
Post by: krassy on June 07, 2018, 04:21:34 PM
There were no projects that would return the money to investors,but there were those that collected investments and disappeared. If you have returned the investment it already speaks about the good faith of the developers, perhaps later after the improvements they will try to hold the ICO again and raise the necessary funds. But even if you get your investment back, you still lose a little due to the difference and inflation. Just need to better study the project in which you want to invest to eliminate the possibility of failure and loss of investment.


Title: Re: Failed Projects Returning Investors Money
Post by: DabsPoorVersion on June 07, 2018, 04:52:50 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
I do have the same experience before. an ico that I invested refunded my investment, they just contacted me for some instruction on how to received my investment.


Title: Re: Failed Projects Returning Investors Money
Post by: rockie87 on June 07, 2018, 06:34:08 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
This is a great gesture and an initiative to build a relationship between client and company.It can built someone's goodwill and can help them in there further projects.As in cryptoworld we don't have any regulatory body,people finds it difficult to invest big in new project,if this things become mandatory by having some digitally sign contract with mention company and these points than that will propel people to invest big and ultimately business will increase.


Title: Re: Failed Projects Returning Investors Money
Post by: 2stout on June 07, 2018, 06:39:01 PM
Wow, this is quite the rarity, at the least a good gesture but do wonder how many of the few that say this actually do and will deliver on the promise.


Title: Re: Failed Projects Returning Investors Money
Post by: cryptothief on June 07, 2018, 10:37:01 PM
They paid back in USD?
Is that how they funded their ICO? I thought they were doing it thru ETH or BTC. So If they paid back in the same number of ETH or BTC then there should not be some lost coz it is still the same number.

Yep, they paid back the current USD value in ETH, so because of the gains ETH had made, I lost about 50%. The explanation was fairly straightforward though, they had converted most of the money into fiat to try and avoid any wild fluctuations in the market. Unfortunately turned out to be the wrong decision, but I guess making decisions with hindsight is easy. It was definitely better than nothing anyway.


Title: Re: Failed Projects Returning Investors Money
Post by: rosezionjohn on June 07, 2018, 10:45:13 PM
Seldom you see ICO funded projects that failed refund its investors. You are one lucky person. Kudos to the team of that ICO for atleast having able to rescue funds to return to investors.


Title: Re: Failed Projects Returning Investors Money
Post by: potatopotato on June 07, 2018, 10:47:39 PM
youre lucky. Most ICO'S just disappear or continue to promise things that they cant deliver. consider yourself lucky.


Title: Re: Failed Projects Returning Investors Money
Post by: PizzaBTC on June 08, 2018, 06:56:44 AM
I think you are very lucky. Now many ICOs cannot do this. Once the project fails or something happens, they may disappear. I suggest that you stay away from ICO in the future and it is really dangerous!
It is normal for fundraising to come to a bad end and this can actually be very frustrating not just for the investors but also for the team. However, it is normal to see a refund when the team is a trust worthy one and like someone said this is why it makes sense to always crosscheck the team before going ahead investing in anything. Things like this are not in the hands of anyone and once they happen there is simply nothing anyone can do about it.


Title: Re: Failed Projects Returning Investors Money
Post by: baiwei on June 08, 2018, 07:12:08 AM
Although I have no experience in failed initial coin offering but I experience an ICO that the owner dump the coin in the exchange and I am very worried that time because that's my hard earned money that I invested to them and I loose 50% in fiat value.


Title: Re: Failed Projects Returning Investors Money
Post by: Mateo123 on June 08, 2018, 07:13:51 AM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?



Actually youre blessed  you participated those promising ICOS,i never experienced that  if the projects failed they easily disappear ,in just hoping all ICOs will be faithful to their investors.


Title: Re: Failed Projects Returning Investors Money
Post by: kicauklaten on June 08, 2018, 07:14:37 AM
If the project does really have a clear team then surely they will return the investments that go on them. but sometimes it also takes time and also there are pieces of a few percents. I never experienced it and it's a long process and gets a little piece. could probably be made of experience to have a project that could have qualified and will actually succeed later.


Title: Re: Failed Projects Returning Investors Money
Post by: btccrusher on June 08, 2018, 07:20:54 AM
I don't have such experience yet. But I heard some ICO's are honest enough to return the initial investment if the ICO turns out for whatever reason. However, there are many scammers who will not return your money. Be aware.


Title: Re: Failed Projects Returning Investors Money
Post by: Benarand on June 08, 2018, 07:36:55 AM
It is generally rare when money is returned. You will be very lucky if this happens. Basically, they just deceive investors and disappear.


Title: Re: Failed Projects Returning Investors Money
Post by: kendedes on June 08, 2018, 07:48:26 AM
Yes, some ICOs that are failed for selling their token, commonly they will be responsible to return for the investors. However, it will need time for some days or weeks to get the returned funds at all. Here, what we must do is by communicating and keeping touch with the developer and ensuring that they are real, not scams.


Title: Re: Failed Projects Returning Investors Money
Post by: HudiBaba@06 on June 08, 2018, 08:15:15 AM
I do believe you are lucky in terms of receiving investment back. But most ICO projects aren't very kind type only a few of them stay on the light side of valuing investors trust and investment. As probably most of the ICO's turn out to be scammers in the end where they want to return the investors their money which they have invested in but later they turn out to be a scam. Some Projects just vanish with all our investments which is rare but we have to be smart before investing by checking the Companie's potential and growth in future. But some Projects fail in acquiring partners to grow their company. in this case its nobody's fault. So, basically its good that there are some good projects like Heardbeats and many more which turn to be awesome.


Title: Re: Failed Projects Returning Investors Money
Post by: rickadone on June 08, 2018, 12:16:47 PM
From experience, as a matter of fact, you would surely get your fund return once you did not invest in scam project from the start. Investing in a good project is not okay enough to belive they would hit the target, so someone need to be prepared for the risk.
Any team that does not refund is obviously a scam and they never really had the mind of something good for the project in the first place which I believe should have been easy for any serious investor to detect in the first place. Most failed ICOs that are legit, always give money back to investors and that is how it should be. It is because of those bunches of scammers that we are beginning to have regulations in play now before an ICO is run in most places.


Title: Re: Failed Projects Returning Investors Money
Post by: EvgenOrel on June 08, 2018, 12:26:18 PM
I very rarely saw when projects that did not collect money returned money. I usually get either tokens or the project turns out to be scammers, although I heard from my acquaintances that they were being returned the ETH they invested.


Title: Re: Failed Projects Returning Investors Money
Post by: capn on June 08, 2018, 01:11:53 PM
Yeah, the project must return the investment money, as for bounty they can just scam bounty hunters, but investment they should return!


Title: Re: Failed Projects Returning Investors Money
Post by: honghe99 on June 09, 2018, 07:44:56 AM
In theory, I think you are lying. I think the ICO project has failed. So why give you a refund? Does the project owner bear the loss? Not willing to. This kind of event is your luck.


Title: Re: Failed Projects Returning Investors Money
Post by: sircy on June 09, 2018, 07:54:21 AM
I never once experienced it and it restores my investment but with the pieces. perhaps fortunate that depends whether ICO policy returns in the form of whole or there are pieces of a few percents. of course, it should be able to be used as a lesson in the future also to the ICO election later because many new ICO also are always popping up.


Title: Re: Failed Projects Returning Investors Money
Post by: Korkorjkk on June 09, 2018, 07:58:16 AM
Wow, that is wonderful. I have never experienced that before. Even if I participate in ICO's that do not work out, I do not get my money back. This shows that some ICO's are not in to steal investors money. I think other projects should learn from this one.


Title: Re: Failed Projects Returning Investors Money
Post by: KryptoKai on June 09, 2018, 08:10:45 AM
Any investor that gets a refund due to project failure is a lucky person. They are only obliged to return the money if the softcap isn't reached and even then that is a challenge. This is why early investors get a huge discount because they are taking a bigger risk.


Title: Re: Failed Projects Returning Investors Money
Post by: disbil on June 09, 2018, 08:20:27 AM
Scam project is always annoying, I think we need to be careful when investing, we must choose a project carefully to avoid all those scam project.
Since scam project would make a bad image on crytptocurrency.


Title: Re: Failed Projects Returning Investors Money
Post by: sourish on June 09, 2018, 08:24:38 AM
Its risk and luck melding with genuine and scammy projects. The only thing one can do is be aware and careful.


Title: Re: Failed Projects Returning Investors Money
Post by: waynechong1995 on June 09, 2018, 08:26:51 AM
So far I didnt encounter any projects that genuinely fail and refund for us, but I did encounter a lottery project, smart billions that actually did a contract that allow investors to refund 90% of our ETH contributed and thats pretty cool, anyway that project has bug in their wallet and they couldnt extract those frozen funds too, wasted project and fishy developers but I was happy to get 90% of my investments back as a good lesson


Title: Re: Failed Projects Returning Investors Money
Post by: longergou on June 09, 2018, 03:05:02 PM
I think you are very fortunate. When I first invested in ICO, I met scammers. After three months of ICO, they closed the bounty thread and disappeared! I hate investing in ICO now!


Title: Re: Failed Projects Returning Investors Money
Post by: capn on June 11, 2018, 01:28:08 PM
I have heard that not every project would return your money but actually I have not many experience in that


Title: Re: Failed Projects Returning Investors Money
Post by: parlerm on June 11, 2018, 01:34:35 PM
Just few project which do that. Everyone need money and because of that they wouldn't get losses with returning money. But you're lucky get compensation for that.


Title: Re: Failed Projects Returning Investors Money
Post by: renes on June 11, 2018, 01:52:46 PM
This is really great thing for you and I am happy to see such honest people on the market besides lots of scammers. Though they probably don't have to give it back to you, they did the right thing.


Title: Re: Failed Projects Returning Investors Money
Post by: capn on June 12, 2018, 12:04:22 PM
 My luck, that I haven't been in the situation like that yet so every project I personally invested have succeed


Title: Re: Failed Projects Returning Investors Money
Post by: LenaPetrova on June 25, 2018, 08:11:01 PM
I this it’s a great luck for those investors who lost their money and also get their money. Because it is not a character of ISO. But i suggest leave this project because it is very risky.


Title: Re: Failed Projects Returning Investors Money
Post by: rextoinsem on June 25, 2018, 09:02:30 PM
there are very few such projects. now, many if not collect the minimum amount just handing out tokens. and investors do not know what to do with them and where to sell. so you're really lucky.


Title: Re: Failed Projects Returning Investors Money
Post by: hodl_news on June 25, 2018, 09:05:54 PM
I've heard many stories that a large number of ICO projects were closed and did not return money to their investors. Therefore, you should be grateful for such honesty of the project team. Yes, you lost 50% of the invested amount, but I think that you will agree that 50% is better than nothing.


Title: Re: Failed Projects Returning Investors Money
Post by: Adunni6758 on June 25, 2018, 09:20:54 PM
I have not found myself in such situation, but i have seen some people and close friends with such experience. Recently, i came across a project that did not fold up, but just because some investors who wanted to dump the token could not, because it has not been officially listed and the price has fallen, but they have now been offered the opportunity of buying the token back from them. Not all projects can be so sincere to that level.


Title: Re: Failed Projects Returning Investors Money
Post by: KpopLord on July 07, 2018, 02:23:20 AM
I think you are very lucky. Now many ICOs cannot do this. Once the project fails or something happens, they may disappear. I suggest that you stay away from ICO in the future and it is really dangerous!
Yes, I agree to his statement. There are projects nowadays that are scams. It is a matter of taking risk because you don't have assurance for the reliability of that projects. the best thing to do is to make a research and gather information the project. People nowadays can easily manipulate other people. Be wise in investing money because other people might fool you.


Title: Re: Failed Projects Returning Investors Money
Post by: rdny on July 07, 2018, 03:54:53 AM
You are a very lucky guy. Not many projects return the investors money. instead, they just vanish into thin air and you will hear not one word from them. We should really encourage projects to do this so that when the proper time comes and they intend to do another project, people will still have that interest in joining them since they are true to their word and is fair to all concerned.


Title: Re: Failed Projects Returning Investors Money
Post by: metallikingz on July 07, 2018, 04:01:45 AM
There arent many projects returning people's money, so i think that those days in where we used to see all of them are almost gone at the moment


Title: Re: Failed Projects Returning Investors Money
Post by: Rejinx on July 10, 2018, 06:02:41 PM
Very apotropaic as you're deed your chicamin back from the unsuccessful plan. That doesn't bechance further oft allow to unaccompanied twice.


Title: Re: Failed Projects Returning Investors Money
Post by: duonghi99c88 on July 11, 2018, 12:44:00 PM
Scam project is always annoying, I think we need to be careful when investing, we must choose a project carefully to avoid all those scam project.
Since scam project would make a bad image on crytptocurrency.


Title: Re: Failed Projects Returning Investors Money
Post by: Nikolas_the_Wonderworker on July 13, 2018, 01:51:46 PM
I did not lose money in the ICO. The solution to the problem can be solved simply: all new projects are required to develop an algorithm when the investor can at any time return his money or most of his investments - then the ICO project developers will work very well to fulfill their promises and execute the road map by 100%)))


Title: Re: Failed Projects Returning Investors Money
Post by: 1020kingz on July 13, 2018, 02:00:09 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
Your experience is one of the lucky cases of an ICO failed and returning their investments to their investors. I don’t participate in an ICO because mostly they don’t return the initial investment when they fail and most of the time they run all the money they get from investors and that is why im afraid to invest in new ICO’s recently.


Title: Re: Failed Projects Returning Investors Money
Post by: nericryp on July 13, 2018, 02:03:53 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

That is a great company, or dev and you just need to invest in project that will start again.
Other ICOs that i have invested lost around 70-90% of value, which i don't have a choice but to hold for a long long time until recovery.


Title: Re: Failed Projects Returning Investors Money
Post by: Ms. CRYPTO ADVISER on July 13, 2018, 02:12:22 PM
Be thankful that you able to refund your money. Some other project out there suddenly disappear after realizing that their project will failed.  Thats why escrow is important on looking for a good project. What ever happen to the project, even if it failed you can be sure that you will get your money back.


Title: Re: Failed Projects Returning Investors Money
Post by: dragone on July 13, 2018, 02:13:21 PM
This is a normal situation for projects that were not going to disappear with investors ' money. I believe that if the company decides to hold a re-ICO, when the situation in the market is more favorable, than such "honest" ICO can quite collect hardcap. People's trust is the main asset of the team, and you can't just throw it away.
I had some experience and I still watching to the project, cause I believe to these people and if they will try again I'll invest for them for sure.


Title: Re: Failed Projects Returning Investors Money
Post by: SeXy on July 17, 2018, 03:51:29 PM
From pic, as a issue of reality, you would undoubtedly ownership dear your currency reinstate formerly you did not levy in goldbrick course from the flying start. Investing in a first-class course is not o.k. sufficiency to belive they would knock the end, so vital anima wishing to be prepared for the risk


Title: Re: Failed Projects Returning Investors Money
Post by: Vroof on July 17, 2018, 03:58:22 PM
should if the project fails investors receive their money back in full

if not returned then it could be it is a fraud and this is very detrimental to the crowd

many projects are scam at the moment


Title: Re: Failed Projects Returning Investors Money
Post by: markalis on July 17, 2018, 03:59:20 PM
I appreciate the project that failed to reach softcap and decided to return the funds to investors, but it is unfortunate amsih there banya scam project that brings investor funds run


Title: Re: Failed Projects Returning Investors Money
Post by: krassy on July 17, 2018, 04:12:29 PM
Self-respecting and other people should return the funds to investors in the event of the failure of the project, in another case, they will act unfairly and lose the trust of investors forever. Such projects and their team should be posted on the Board of shame and that next time they could not deceive anyone. You are lucky that you were able to return your investment, though in part, it's good luck.


Title: Re: Failed Projects Returning Investors Money
Post by: Freezingel on July 17, 2018, 04:16:58 PM
It's a normal thing to do if they don't reach the softcap, most of the ico i've encountered always refund the money if the minimum target isn't reached, some of them offer to continue the project with a little money they got but there's only a few projects that are like that. I think it is good thing to do because it is not good to start a project with lack of development funds.


Title: Re: Failed Projects Returning Investors Money
Post by: lelou on July 17, 2018, 04:22:55 PM
I've seen one, it's a mining project Ico they stopped the project because of the laws in their country preventing big mining farms and they return investors money...


Title: Re: Failed Projects Returning Investors Money
Post by: Cubic Earth on July 17, 2018, 04:32:02 PM
Your project is not originally a scam. So the team gave you money back. This is a normal practice for normal ICO projects.


Title: Re: Failed Projects Returning Investors Money
Post by: Muhammad Muneeb on July 17, 2018, 04:34:06 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

one bird in hand is better than two in the bush. at least you are getting something back there were many projects who does not care about the investors and scamed them with their fake patnerships like TBIS project


Title: Re: Failed Projects Returning Investors Money
Post by: forutba on July 17, 2018, 04:35:54 PM
i received my investments in ethereum and i think i was around minus 40% in fiat, but who cares if i invested ethereum and received ethereum back, i hope will be in future less scams and delays in icos. Overall i like icos.


Title: Re: Failed Projects Returning Investors Money
Post by: Ramtapsbtc on July 17, 2018, 04:38:48 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?



Great company mate,, good for you, not all projects were able to return the investment to their investors,  others will suddenly dissappear ,your such a lucky man, hopefully all icos are like that if the projects wont longer anymore for some reasons then they will return, .


Title: Re: Failed Projects Returning Investors Money
Post by: cheese_x on July 17, 2018, 04:42:11 PM
This is great news. It isn't normal that the coin will vanish from the market by taking the cash of the financial specialist. Such kind of propensity influences the conduct of the financial specialists and in addition the notoriety of the market. So this news will recapture the conviction of the financial specialists.


Title: Re: Failed Projects Returning Investors Money
Post by: Genemind on July 17, 2018, 04:46:34 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

This is how it is supposed to be, Failed ICOs should return investors money since they will not be continuing their project. However, I heard that there are some ICOs that disappear and never gave a refund to their investors. Most likely this ICOs are scam, and have no plan to continue with the project even if their ICO succeeds.


Title: Re: Failed Projects Returning Investors Money
Post by: richard007 on July 17, 2018, 04:47:17 PM
As we all hope all of the projects in what we have invested will be turning out good and profitable in future. So, basically, it all depends on the potential that particular Project carries and we tend to have faith and put our utmost trust in it to turn our fate. But seriously almost like most of the ICO Projects turn out to be a scam as so. and so we have to be lucky enough to get our investment back from that project but only some projects turn out to be good. and so I believe here you turned out to be lucky enough to get your investment back and I appreciate Heartbeats for maintaining their company's trust. #respect


Title: Re: Failed Projects Returning Investors Money
Post by: samsung001sss on July 17, 2018, 04:52:07 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

If the ICO product is good, then you can hope for a refund. If the ICO company is scammers who are covered with white paper, then there is no chance to get the money back.


Title: Re: Failed Projects Returning Investors Money
Post by: iamlds08 on July 17, 2018, 04:52:18 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

i have experienced a full return on my investment when i have invested on a fail ico of a company. they have sent my money back without further ado. the company was Valus if i am not mistaken an Estonian based company primarily focuses on e commerce


Title: Re: Failed Projects Returning Investors Money
Post by: lositech on July 17, 2018, 05:01:37 PM
Yeah sure, that's one why reason it is good to do your own research before investing in any ICO, If you check well you will see where they will state that if they didn't reach their soft cap, that they will refund the investors, any ICO that doesn't state that should be avoided


Title: Re: Failed Projects Returning Investors Money
Post by: Golstrim on July 17, 2018, 05:09:14 PM
I invested in dehedge. They managed to collect 2 mln+ on pre ico, but they cancelled tokensale because they concluded partnership with investors and decided that there is no reason to hold tokensale as long as they have working product and investors. they made a refund


Title: Re: Failed Projects Returning Investors Money
Post by: matchi2011 on July 17, 2018, 05:10:31 PM
i received my investments in ethereum and i think i was around minus 40% in fiat, but who cares if i invested ethereum and received ethereum back, i hope will be in future less scams and delays in icos. Overall i like icos.
Still good thing instead of having nothing and being scammed all the way, those ico project who refunded their investors are great, as many project was been created and just do nothing but sucking investors money, better to be thankful and reinvest that money though its lesser from its original value in fiat but you can still use it for another investment inside crypto.


Title: Re: Failed Projects Returning Investors Money
Post by: luckybar on July 17, 2018, 05:13:24 PM
Most ICOs never refund money, consider yourself lucky to be involved wit ha high integrity team if they actually do this.


Title: Re: Failed Projects Returning Investors Money
Post by: Babyrica0226 on July 17, 2018, 05:21:38 PM
In my observation now in the flow of ico past from last year, only few ico do that things in terms of returning the capital investment of their

investors. Due to most of the ico nowadays are running away suddenly and never give any updates about their projects. Until most of their

investors got frustrated and disappointed.


Title: Re: Failed Projects Returning Investors Money
Post by: jayyen on July 17, 2018, 05:27:34 PM
This is very good and it speaks well of the industry. if you collected money for a project that will bring a lot of returns to investors and was not able to execute the project,the best thing to do is to return money collected to their respective owners.This will boost their trust and anytime, they will be ready to invest in any ICO project. I like the moral integrity of such ICO projects.


Title: Re: Failed Projects Returning Investors Money
Post by: Cryptomania098 on July 17, 2018, 05:29:33 PM
There are many ICOs out there that I still respect alot and I give kudos to them for their honesty. Some of ICOs which I participated in that folded up still return our money, tho, it might be at loss but they still summon their courage to refund investors money. KUDOS!


Title: Re: Failed Projects Returning Investors Money
Post by: cryptoblezin on July 17, 2018, 05:32:41 PM
You are very lucky in this crypto space. Many ICOs do run away with people's money if they feel they won't be able to succeed in the project that they already embark on. And even some projects came into existence with the intention to scam their investors. It is rare to see a project that fails and return back funds to the investors. Any project that failed due to one reason or the other and refund investors' fund, it means they are legitimate team behind the project. That is one of the reasons why one really need to research well about a project before investing and have full conviction that the project is real and legit.
Be happy that you are as such a lucky person.


Title: Re: Failed Projects Returning Investors Money
Post by: sumaneaiyandiya on July 28, 2018, 08:13:50 AM
So far I didnt experience any tasks that truly come up short and discount for us, however I encountered a lottery venture, brilliant billions that really completed an agreement that enable speculators to discount 90% of our ETH contributed and that is quite cool, in any case that undertaking has bug in their wallet and they couldnt extricate those solidified finances as well, squandered undertaking and fishy designers yet I was glad to get 90% of my speculations back as a decent exercise


Title: Re: Failed Projects Returning Investors Money
Post by: darmawan_lasuara on July 28, 2018, 08:22:57 AM
Sometimes there are some projects that do not work, and we need to keep appreciating the team and developers for being honest during critical times. Although you may lose some of your money, but I think that's better than you investing in ICO scam.


Title: Re: Failed Projects Returning Investors Money
Post by: Lareina on July 28, 2018, 12:44:57 PM
This is a relatively good result. After all, not every ICO project can raise success. This requires the support of most people.


Title: Re: Failed Projects Returning Investors Money
Post by: freakcoins on July 28, 2018, 12:52:53 PM
Some i know that the project fails they will gone, and you cannot found it anymore without returning your investment if there are projects that failed glad the investors get back their money if their is..


Title: Re: Failed Projects Returning Investors Money
Post by: jpnl0004 on July 28, 2018, 02:04:55 PM
You are very lucky i guess scammers have no consequence while doing their evil deed when a project fails everything disappears into the thin air and its all gone so congratulations on your recovery


Title: Re: Failed Projects Returning Investors Money
Post by: Bharathi13 on July 28, 2018, 02:20:46 PM
You are lucky you got your invested funds back the Heartbeat team must have good inner values and guts to return the money of the investors. Most of the ICOs are turns out to be scam, Last time I participated in IONCHAIN ICO, they collected the funds and launched on the IDEX and you know what they sold tokens of the team members which were supposed to be locked for year and unsold tokens which were supposed to be burned. IONCHAIN turned out to be scam and runaway with all the funds collected with the ICO and exchange. Some ICOs are good but some times they don't receive the supports from the investors and they failed. Some ICOs have good concept but they fail to reach their soft-cap, I have seen ICOs which failed to reach their soft-cap have returned the collected funds of the investors like Swappy & one more name i am not recalling & this is what we call values. Whenever team members of that ICO will again launch another project the investors will be confident that their funds are safe with that team members


Title: Re: Failed Projects Returning Investors Money
Post by: reversemartingale on July 28, 2018, 02:23:55 PM
I dont think so that they will return your money after you bought from them lol. you ll be lucky if you get your money back as most devs are greedy


Title: Re: Failed Projects Returning Investors Money
Post by: Taniya1901 on July 28, 2018, 04:32:22 PM
Yes, normal decent ico, which did not collect the pool, give back the invested money to investors. Some get lost and give nothing. And there are those who specifically collect pool, though is not going to release any products


Title: Re: Failed Projects Returning Investors Money
Post by: binhvo1505 on July 28, 2018, 04:35:32 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
I think that will take a long time because this is an anonymous market, they can also steal your money and leave. Hope you do not over expect your money back. Please continue to look for good ICO projects and invest in them to make a profit. Rare Refinance Projects for Crypto Market Investors


Title: Re: Failed Projects Returning Investors Money
Post by: Denlv on July 28, 2018, 04:41:04 PM
Yes for now its normal with me same happens month ago what i invested i get back project name is hybrid betting very dissapointed about that...this is becose market is unstable now and  btc,eth price they cant collect they soft cap and ico is pause for market recovery.


Title: Re: Failed Projects Returning Investors Money
Post by: konflikkastil on July 28, 2018, 04:41:15 PM
yes, i once invested in ico, about 1 month after ico project that i follow no news at all telegram them very lonely, but after 1 month then i get an email if the money we invested will come back and that's right i get my money back with the same amount


Title: Re: Failed Projects Returning Investors Money
Post by: AgentZero23 on July 28, 2018, 04:42:17 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
It's a good thing that some projects are honest and will not fooled their investors. I have joined many projects that have failed to collect enough funds to get the project moving. It's unfortunate that some legit project that have solid product didn't get enough support. And some scam projects managed to collect huge amount of funds and then just disappeared. And I hope you will received your refund.


Title: Re: Failed Projects Returning Investors Money
Post by: idioma1 on July 28, 2018, 05:15:30 PM
Yes, they brought all money back but i had to wait for  a long time. But i understand it takes a lot of time to send money back to all investors.


Title: Re: Failed Projects Returning Investors Money
Post by: adekogbe on July 29, 2018, 10:47:46 AM
It is good they returned investors money, and very few projects will even consider this measure. However this just goes further to highlight the importance of due diligence when investing in crypto projects.
A lot of projects have the technology, partnerships, team and good progress on their roadmap and still fails.
So best to do your own intensive research before making monetary investments.


Title: Re: Failed Projects Returning Investors Money
Post by: Remat34 on July 29, 2018, 10:56:00 AM
What a lucky fellow you are indeed! I am telling you a personal testimony. A recent one happened to me just last month; June. I participated in an ICO called Hashrental. The CEO;Ian Edwards even came forward to tell us that the ICO has already been successful, that we should wait for exchange, till the moment am writing this, Ian and the entire team are no where to be found.

Note, the fact you are lucky with refunds doesn't mean you should continue to invest in any ICO foolishly, believe me you may eventually encounter a  Waterloo soon.


Title: Re: Failed Projects Returning Investors Money
Post by: boroda074 on July 29, 2018, 11:07:39 AM
I have no such experience but I have heard that the projects are honestly returning the money only you can lose a little on the commission and all!


Title: Re: Failed Projects Returning Investors Money
Post by: panbirt on July 29, 2018, 11:14:11 AM
My personal recommendation is also to stay away from ico, because it takes a long time for an ico to actually complete the delivery, and there will be various unprepared situations. Much of it is done halfway to directly cancel your qualifications.
You are still lucky. Can be returned funds.


Title: Re: Failed Projects Returning Investors Money
Post by: Futurm on July 29, 2018, 11:19:01 AM
I think if ICO fails, you can't get your money back.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.


Title: Re: Failed Projects Returning Investors Money
Post by: sinachy on July 29, 2018, 09:53:45 PM
That's how it is supposed to be done, they normally state it on their white that when the project, didn't make their soft-cap, they will return the investors money, so it's one of the things investors should always check in any ico before making an investment.


Title: Re: Failed Projects Returning Investors Money
Post by: luongdk on July 29, 2018, 09:59:25 PM
You are lucky enough to get a refund, because some projects just waste investor's money and that's it.
I hope next year more steps towards legacy will be taken


Title: Re: Failed Projects Returning Investors Money
Post by: ekechie on July 29, 2018, 10:46:05 PM
This is good to know to know, this means that the team are very honest people and I will appreciate them for doing that, most people will disappear with the funds or rather won't release all the funds they collected, they will slash it to have a little share for their effort.


Title: Re: Failed Projects Returning Investors Money
Post by: Opurum on July 29, 2018, 11:20:48 PM
My personal recommendation is also to stay away from ico, because it takes a long time for an ico to actually complete the delivery, and there will be various unprepared situations. Much of it is done halfway to directly cancel your qualifications.
You are still lucky. Can be returned funds.

If we all stay away from ICOs how would startups raise funds, and how would coins ever make it to the exchange? Airdrops are not so safe either.


Title: Re: Failed Projects Returning Investors Money
Post by: Casmania on July 29, 2018, 11:37:25 PM
I think if ICO fails, you can't get your money back.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.

Legit ICO will return back the investors money, and this is the proof that all ico isn't scam. Most of the non successful project always resulted to scam investors money due to non profit gaining project, which doesn't refund every investors funds after all. Generally scammers had fraudulent acts which doesn't care about people's effort in dealing with their visions for the project. Hopefully next time investors will be the ones getting the kyc of those offering ico project, so that we can really get the refund after the project failure.


Title: Re: Failed Projects Returning Investors Money
Post by: mrkimvanan1 on July 29, 2018, 11:40:13 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

You're in luck. I join invest in few projects scam and the invested amount is lost according. It's so sad.


Title: Re: Failed Projects Returning Investors Money
Post by: alimarh on July 29, 2018, 11:52:08 PM
Wow that's nice, I will say they really got lucky for that, I have my friend who has been in that same situation, the team have refused to refund the money saying they have used the money to build the project so far and renting the office, paying some dev; bla bla,


Title: Re: Failed Projects Returning Investors Money
Post by: Asdeeop on July 30, 2018, 03:59:07 AM
For a fact, in actuality, you would without a doubt get your store return once you didn't put resources into trick venture from the begin. Putting resources into a decent venture isn't sufficiently alright to belive they would hit the objective, so somebody should be set up for the hazard.


Title: Re: Failed Projects Returning Investors Money
Post by: suterum on July 30, 2018, 05:13:31 AM
I trust as a matter of fact, indeed, you would without a doubt get your store return once you didn't put resources into trick venture from the begin. Putting resources into a decent task isn't sufficiently alright to belive they would hit the objective, so somebody should be set up for the hazard.


Title: Re: Failed Projects Returning Investors Money
Post by: iamreal on July 30, 2018, 09:40:21 AM
I think this is a normally thing to do, normally when a projects fails to reach their soft cap in raising the funds needed to continue their project development, they supposed to return the funds to the investors, because those funds are locked until the tokens sale ends.


Title: Re: Failed Projects Returning Investors Money
Post by: firewa on July 30, 2018, 09:46:00 AM
It is a very lucky thing to return investors' funds. Many people lose or lose. Most of the ico this year is a circle of money, you can also return funds in the project failure. Although this project has not been successful, I think this is definitely a project that has a conscience and will definitely succeed in the future.


Title: Re: Failed Projects Returning Investors Money
Post by: EqualRand on July 30, 2018, 09:47:56 AM
Usually you get nothing when the project fails, the only wayout is lawsuits and stuff like that, but it's rather difficult and time-consuming.


Title: Re: Failed Projects Returning Investors Money
Post by: aces777 on July 30, 2018, 12:17:00 PM
I think you are lucky when you invest in a project that has honest people behind it who are actually good enough to return the money that you invested in the coin after the project fails. Most projects will just take the money that the investors have put into the project after it fails without any explanation. The crypto market could use more honest people like this.


Title: Re: Failed Projects Returning Investors Money
Post by: seopro1001 on July 30, 2018, 08:47:41 PM
You are very lucky man. Congratulations to you. I didn't see anybody who invested in projects and get back money when projects can't go forward. There are many projects become scamers and many investors lost their money. I hope you will get your money in second project soon. Good luck to you.


Title: Re: Failed Projects Returning Investors Money
Post by: Jimboqs on July 30, 2018, 08:51:04 PM
Yes I am also in February, I received a ago your Ethereum. and also lost money because the market was falling.


Title: Re: Failed Projects Returning Investors Money
Post by: Rosilito on July 30, 2018, 08:55:31 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

Well, different story. I had been in other case, when I was about to cash out my money but suddenly the bank itself didn't send me any code that I need to talk to the customer service for me to get it back in my wallet. Second one is that, when I was cashing out, and then the automated teller machine didn't disperse any money that I filed a complaint to the bank itself to get my money back. For the investing things I don't have any yet so far.


Title: Re: Failed Projects Returning Investors Money
Post by: obility on July 30, 2018, 09:33:31 PM
They should return the money by all right, the money does not belong to them, the money was meant for the project and not for the team, so if the project couldn't hold or go on as planned because they could not meet their soft cap then the investors money should be returned and refunded,


Title: Re: Failed Projects Returning Investors Money
Post by: Kingairdrop on July 30, 2018, 10:20:55 PM
Most ICOs currently take it upon themselves to return investors capital on the ground that the project fails ( softcap not met ) but we still have some scammers out there who are actually in for the profit they get from investors during the pre-sale and public sale and dont bother returning investors money even when the project fails.


Title: Re: Failed Projects Returning Investors Money
Post by: Bexomol on July 31, 2018, 01:31:29 AM
I didn't know really that discounts are conceivable, yet I think it is uplifting news for you. I assume they should return back your cash to the wallet which was utilized for ICO exchanges.


Title: Re: Failed Projects Returning Investors Money
Post by: Gerandoong on July 31, 2018, 02:36:08 AM
Be thankful that you able to refund your money. Some other project out there suddenly disappear after realizing that their project will failed.  Thats why escrow is important on looking for a good project. What ever happen to the project, even if it failed you can be sure that you will get your money back.

agree, out there are many projects that just disappear because they are a scam. so they are looking for other projects. for they also want to get profit again. so my advice if you want to join the project. do research first, because I am afraid you become a victim of fraud again.


Title: Re: Failed Projects Returning Investors Money
Post by: ronics on July 31, 2018, 04:34:43 AM
If so, it depends on its writers and becomes one of the conditions. Many great ICOs are there and they are the minimum that they really want to raise. If they do not mean that there are terms that they will return to the participants but I've been scam by many, but most of the professors an ICO will go to the bottom, If you have many competent and knowledgeable writers, and read on Reddit, you should have a good idea of ​​a community that should follow, and Steemit can be a good place to look at us as well.


Title: Re: Failed Projects Returning Investors Money
Post by: vallytech on July 31, 2018, 08:40:15 PM
I think it is a normal thing to do, I have seen quit a lot of failed projects that have returned their investors money after failing to reach their soft cap, the investors have a choice to free the money or request for a refund.


Title: Re: Failed Projects Returning Investors Money
Post by: sexylady13 on July 31, 2018, 11:24:12 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?

Those projects returning money back are exceptions to rules. Usually, if a project hasn't collected Soft Cap, investors don't get their money back. 90% of all the projects just disappear. As a matter of fact, it's a fraud.


Title: Re: Failed Projects Returning Investors Money
Post by: PrudnikovLS on July 31, 2018, 11:32:44 PM
My friend had a similar situation and the money that he invested in the project he eventually returned. Wait a little while and you will most likely be sent money to the purse. But still offended when the project closes.


Title: Re: Failed Projects Returning Investors Money
Post by: Hamphser on July 31, 2018, 11:34:25 PM
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.

Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.

Anyone else have any experience with refunds (or not)?
Consider yourself to be lucky if you have been refunded atleast by those projects who didn't able to reach up their expected fund caps rather than on not getting at all when the project or team decides to scam.
I never experienced to have that investment refund yet mostly of the project I had joined up did succeed and make some reasonable profits to me which isn't bad at all.


Title: Re: Failed Projects Returning Investors Money
Post by: LegitizeDrops on July 31, 2018, 11:37:07 PM
I experienced that too. We cannot predict the outcome of a project unless it hits the soft cap. You are lucky that they returned your investment. That is the importance of reading whitepapers and everything needed to evaluate the legitimacy of the team.


Title: Re: Failed Projects Returning Investors Money
Post by: oegarod on July 31, 2018, 11:41:20 PM
Returning of the investments were common with trusted ico developers. When they were unable to move according to the road map due to technical difficulties or some other issues they come up with plans of returning the investment to the investors. In most cases it takes little time to get it back. Same time there have been lot of scamming ico's who get the investments and pack off without any updates.


Title: Re: Failed Projects Returning Investors Money
Post by: carriebee on July 31, 2018, 11:50:57 PM
Good thing they returned your money because some other Ico's they scam the money from investors. This is the risks can encounter when investing failed to reach the soft cap/hard cap of their project. At least you experience of returning the money you had invest.


Title: Re: Failed Projects Returning Investors Money
Post by: mklost on July 31, 2018, 11:52:40 PM
Yes, some projects are doing this. such a great they are. While most projects are being scammed, some failed projects are returning the investment to the investors! Your ICO observation is pretty well, you got two honest ICO Projects. I wish if they can make hardcap! Then that project can be huge by their pure honesty.


Title: Re: Failed Projects Returning Investors Money
Post by: Asujmule on August 01, 2018, 01:09:55 AM
As a matter of fact, in actuality, you would without a doubt get your store return once you didn't put resources into trick venture from the begin. Putting resources into a decent undertaking isn't sufficiently alright to belive they would hit the objective, so somebody should be set up for the hazard.


Title: Re: Failed Projects Returning Investors Money
Post by: Voomleli on August 01, 2018, 01:29:26 AM
Trick venture is continually irritating, I think we should be watchful when contributing, we should pick an undertaking precisely to dodge every one of those trick venture.

Since trick task would make a terrible picture on crytptocurrency.


Title: Re: Failed Projects Returning Investors Money
Post by: hoavantathan on August 01, 2018, 01:31:32 AM
I'm lucky because i never meet ICOs like you. I like some concept of ICOs but i alway choose the ICOs which is different from others. It means new realm.


Title: Re: Failed Projects Returning Investors Money
Post by: palweduk on August 18, 2018, 10:28:31 AM
As we as a whole expectation the greater part of the ventures in what we have contributed will turn out great and productive in future. In this way, fundamentally, everything relies upon the potential that specific Project conveys and we have a tendency to have confidence and put our most extreme trust in it to turn our destiny. In any case, truly relatively like a large portion of the ICO Projects end up being a trick as so. thus we must be sufficiently fortunate to recover our speculation from that undertaking however just a few tasks end up being great. thus I accept here you ended up being sufficiently fortunate to recover your speculation and I acknowledge Heartbeats for keeping up their organization's trust. #respect


Title: Re: Failed Projects Returning Investors Money
Post by: jpnl0004 on August 18, 2018, 10:33:09 AM
Its a miracle for a failed  projects to return your money its indeed a miracle because most projects just disappear into the thin air and you never get to hear anything again from them lucky you


Title: Re: Failed Projects Returning Investors Money
Post by: virtual_miner on August 18, 2018, 11:02:33 AM
I experienced that too. We cannot predict the outcome of a project unless it hits the soft cap. You are lucky that they returned your investment. That is the importance of reading whitepapers and everything needed to evaluate the legitimacy of the team.

Every project while the ICO is committed to paying back investors without a soft cap, however, after finishing without a soft cap, they often silent and pay only for those who claim it. It also takes time to claim your money back. I know a Korean Record project, although not a soft-cap, but they are listed on the exchange, but you know that if you do not reach the soft-cap, of course, the price will also be dump after listing on the exchange