Bitcoin Forum

It's becoming harder for ICO's to make money. Projects with no real value & lackluster ideas are being thrown to the wolves in this market. However, this is a good thing. This allows quality projects to receive more capital from investments. Eventually, these garbage "get rich quick" styled projects will cease to exist. We will be left with the main coins in crypto (Bitcoin, Ethereum, XRP, ect) & quality projects that have a utilitarian use.

Last year was the year of riches for early adopters. I watched my crypto portfolio jump 1000% within a few months. You could buy garbage ICO's and make a small fortune due to FOMO. Eventually, this structure of investments imploded, which then leads us to where we are today. The reason I am bringing all of this up, is because projects that don't serve real purposes aren't being invested in. No one wants to buy an investment that people won't ever want to use. The reason companies like Rolex can charge $30,000 a watch, is due to brand recognition & consumers willing to pay hefty prices for their watches. The watches don't require endless amounts of craftsmanship, nor do they require expensive raw materials.

The final piece of the puzzle points to quality projects emerging from this sector. Eventually the funds will bleed dry and only quality projects like Omnity will exist. There has to be a real purpose behind an ICO's "project". If the project exists just to exist, then it's a pointless project that won't make an investor any money. I look for projects in this market that have utility in the real world. Something that I could see people using to better their lives. Projects like Omnity, Nauticus, Binance ect. These projects exist to serve consumers. Projects that exist as cash grabs won't go anywhere in a bear market.

Projects mentioned:

- https://www.omnity.io/about

- https://nauticus.io/

It is hard to find good ICOs now, there are many new lists of ICO in ann and bounty page. I think there should be independence verification institution to confimed that the ICOs are worth to invest. When people know that the ICO is certified they will not doubt to put their money in it.

And then you have not gotten a very good source to find the best one. Based on the reliable ico rating site that used the community's choice as the main thing and then have you seen the latest ico that launched by RSK bitcoin?
But i have understood about the majority of them are seeing it from the speculation rather than try to put their concern in the ico's product,

Could there be a system of problems with the ICO, perhaps in terms of new projects that must meet certain requirements to not be able to easily produce or promote which results are not real. which eventually turned investors. great hope there must be a change for the future of the world of cryptocurency for the future.

Now that is really hard to find good icos. Because in bear market icos are not showing themselfs. They are choosing waiting and hiding. Because people have huge hate of icos after that bear market and they need to wait for better market sentiments.

You are absolutely right, there are practically no good ICO now. Most of them are scammers, you need to be very careful not to lose your money

So many ICOs this year seem to be facing so many setbacks and i am not surprised at that. This would even help to sanitize and clean the space of shitcoins that are being lunched on exchanges. I will not be surprised if next year gives us more of ICOs with good values.
Investors have to work harder in researching on every ICO they intend investing in. This is very much needed, because money s being investing and to avoid any form of loss, it has to be done.

Quality Ico were always hard to find.
However, last year, low quality ico were making a lot of money and the whole market was in bull run, so it looked like all ico were high quality. ... But that wasn't the case..

You are absolutely right. It was because of bull run that most of ICOs gave profits to the investors during Q4 last year while in these bearish conditions the only ICos which give early profits are the ones backed by investing companies ( FBG Capitals, Pantera etc ) but they buy 80-90% of the tokens in pre-sale.

Exactly. Companies just do not go on ICO in such a market. then as soon as the downtrend ends, I think we will see a lot of quality projects. You just need to wait a bit.

This is a sad reality that we are facing right now, this might be the reason that cryptocurrency has taken a setback. People are abusing and scamming in the name of blockchain technology. We as a community should made our move to prevent this blown out of proportion. If we can spot a scam then we should do our share on reporting it so everybody will know and stop that scam to grow.

It such a huge work to be done early. Those people behind in any scam project couldn't be trace immediately as their identity covered all the time. Its our own search and discoveries for a scam projects, if we find them then we never participate on it. Crypto getting strong and scam project grow along with them.

Quality ICOs are always hard to find and take some research to do so. Start with rating sites like icodrops.com, icomarks.com for the high rated ones and dig deeper into their project and team quality.

Lol, i think it is soon will be impossible coz many problems on legal side now not for clear people!
recently read that Korean platforms want to move to Singapore due to pressure from their government. And a bunch of new rules from other regulators, it seems, it's time to go underground again.

Yes I believe that quality ICOs are becoming hard to find now because there are many other ICOs emerging in the market. Eventually will divide the investors making it hard to know where to really put your money in.

You are sure right. This is a good thing for the crypto market as it shows that ICOs are indeed maturing. The days of get rich quick and investing in garbage ideas are over. People want to invest in a project that has a serious use case and can solve problems

There are many scam project that also occurring, makes us even harder to filter the quality project. it also making most of the qualified investors became worried to put their investment on an ICO.

Yes its just like people are out of idea to make a new good ICO or the regulations make it hard to make a new one, and there is also possibliity that so many ICO are waiting a good moment to launch the token sale cause right now the ICO investors seems not quiet much as much as in 2017 cause as we knew that the ROI of investments in ICO in 2018 is not quiet good.

no one wants to buy or have something that is useless, indeed the quality of the project is the main key in ico success and slowly all ico have competed to be the winner. so now developers must work hard to make something useful and always used by everyone, this must be done if they want to continue to grow.

The amount of ICO in the last 6 months was very large. It is very difficult to follow a project for a long period since there are so many. Unfortunately, it is difficult to rely on reports and texts that are on the internet, since most were paid to say that. In general, I like to follow what other sector funds are doing. Mainly the Pantera, AVC and the a16. There is also the option to read reviews of people who are a long time investing in startups or articles like hackernoon.

https://a16zcrypto.com/
https://avc.com/
https://www.panteracapital.com/

There is no high Quality ico anymore! Just look at the how recent icos dead and crashed way below ico price!
Nowdays icos are moneygrab. there is no need to new tokens at all.

Well this year is indeed where the developer needs the icos to attract investors as well as small players, currently the best ICOs hard to find. But I think the community can judge better of the best of it. If we consider there are some who take the ICOs privatesale and TGE. you right said last year better than now “Last year was the year of riches for early adopters”

Hi buddy, I think nauticus that as company australia

i agree with the OP, omnity is one of the legits that i've seen here. the reason why i joined their campaign. i always researched and read what's going on in every project i participated with. but unfortunately, the good ones are sometimes forgotten or even ignored by most.
there are projects which are empty, yet, they can raise huge amount money within 24 hrs. sometimes it's all in the marketing, you can test how good you are in convincing people. but remember, there are still quality ICOs, you just need to do your own due diligence. don't rely on others. most of them are just creating a hype.

Projects where tokens has real use case always win in this market. You may never see any of these tokens abandoned by the team as they themselves are going to profit from it. Just as binance and KCS. Tokens of the exchanges like EOSex.com will survive even in the bear market that will last for years because traders are using it in their platform.

Yes, I also see this huge trend change, and I agree it is better this way. Last year literally everybody could raise a lot of money through ICOs, now only the best ones are able to reach their hard cap. I am curious, if this will change again in the next bullmarket, or the current trend remain permanent.

Well, it is really hard to find good bounties what more ICOs. Ever since ICOs really became a trend, it's been really hard to find a good one.

I agree that it is quite difficult nowadays to find a good project to invest. But do you agree with me that making money is hard? Because it is difficult, good people are capable of earning more money than others

Yes, that is completely true. But in my opinion they are just on standby and waiting for better market conditions since they do not want to get burned like some of the good projects before. Quality ICOs will surely come in the future if we will see bull run.

Ok, so basically you are shilling two ICOs.

But you do bring up something important: ICOs are terrible!
Yes, last year you could flip one easily and find a lot of quality projects.
But the market has burst and ICOS are no longer profitable.
From icos trying to copy something that has already been done to terrible devs to no product ICOs, it is rare to find any good startup.

There have been a few this year: daostack, neon exchange to name a few.
But even these have done terribly simply because the market is in a terrible condition.

Going forward, I really hope this weeds out a lot of the bad ones and allow more attention to worthwhile projects.
For now, though, I will stick to investing in established projects that have stood the test of time.

In fact, now it is difficult to find an ICO that is made for the sake of the idea, and not just to raise money.

Yes it's true it's kinda difficult in finding good ico right now majority of the ico are just there to get money from investors during ico sales and dump during the time they list on an exchange

Yeah unfortunately now finding good ico is really hard. I earned good amount of money from icos on may but now i can not earn any money from icos. also i lose too much money because of icos last 1 month. I think trading or holding is more profitable for now.

Icos are Nowdays moneygrab. indeed is the ico ico has become the most high but because of failure or not successful icons was changed so that both the ico into a dead

I was shocked when i find this topic on the social media site. Smart Contracts using RSK powered by bitcoin. Looks like we can use this not to compete in bitcoin but also not a speculative coin.
I'll dig deep so what ever we need to create a token, RSK smart contracts is all we need.

Even how hard it is there's still selected project that will come for us, and all we need is to be patient enough. Because as we become more courageous on finding what's the best you will begun to find the best due to experiences. Making money is always a hard thing for all of us, but I think that's more rewarding if we picked those projects which will change our lives in the future.

You are right mate it hard to find someone would have done alot of scam ico then you hardly find one good project.

That could be always a part of the activity which meets the conditions and the requirements so that the team will be able to identify if you are really qualified for the task. Though it needs to comply wverything but that could be a challenge for everybody.

In fact, everything is simple, there are very few good projects, and they are lost among the variety of scam projects and just bad ones you need to be able to do high-quality analyzes of projects, however it takes a certain amount of time and it means that it will be difficult to analyze all projects.

In the past, we could at least review the Ico rating sites to make decisions. Now, these web portals have no credibility in the crypto markets. The only way to find quality Ico now is to scrutinize every project thoroughly. There's no other way.

As far as I understand, the team is not qualified workers also gaining. They don't care about that. This is where the main problem begins. Because you can't carry a lot of parasites on you, you'll die sooner.

Everything new is long forgotten old. A lot of people just want to make money and get out. and the creation of a new and relevant-hard work.