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Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .


ex:
 Trecento , Humancoin ,Vanig and etc.

Better to avoid most of the ICO nowadays since there is just a bearish signal everywhere so you won't get scammed.  ::)

That's true and a sad reality, you bought eth at a much higher price and get a refund 10 to 15% lower, the value of Eth this will get investors thinking if this is the right time to invest, because the market is very bearish and ICO are the ones getting harm by this bearish market.

First of, maybe Im too lazy to search for those project to find out if they're scam. So can you at least give proofs?
1. ICO being stopped or paused basically due to this kind of market wherein people are afraid to invest or they're holding since they've lost too much
2. Probably they might got those contributions in that amount but it doesn't mean that they waited this long (eth @less than 100) to process a refund but what if it went up? Unless they already sold it before into usdt,  again proofs?
3. I agree with this but still there's a possiblity that it is still because of bear market wherein if they got lets say eth @300 and now since it is cheap they cannot pursue since they're holding small amount.

That's my opinion regarding this topic.

When you got an ICO investment have stop or paused you can try joined and invest at other ICO, never joining an ICO investment or bounty campaign have paused or stop because never continue for selling their ICO coin investment.

Thats why everyone needs to be more careful on investing on an ICO, this year there are more scam ICO's than the legit one if everyone will just be careful on what they are promoting or where do they invest there will be 0% of people get scammed and if there is no one to be scammed those crazy bastards that make scam ICO's will be tired and stop what they are doing.

That is part of investments, you could buy at lower price, invest and get higher value when crypto market goes up and vice versa. People should know the risks before investing their hard earned money. That is the sad reality today specially when market is falling

You accept the risks when you're investing in an ICO. Any kinds of scam are just scam and you lose your money, ICO is like that. I hope next year with the widely adoption of STO will reduce scam projects and it will protect investors better.

So how is the bounty hunter reacting to such project and to the team?

Its likely to happen when projects has no product to show to the investors. This is why the SEC is pursuing to regulate this industry because of these teams. They make it looks like they aren't scamming because they are refunding.  Feel sorry, I have seen users promoting Vanig in our local section.

Very sad and such actions are very detrimental to investors, developers are also very unprofessional and inconsistent. Therefore they will eliminate investor confidence and may worsen ICO credibility. I think all the developers of the project must be marked, so that they will not be trusted by the entire crypto community.

Refunding also now part of scam only .Just think about math .If i send 200 usd to some ico they will do trade they will buy eth 90 USD means they will get 2.2 Eth . If they refund we will get same amount of coin but price value is very less.

Atleast they are returning so we don't have to call it as scam.

They didn't collect the ethereum based on USD value,they are just returning the ethereum how much you send them before in crypto 1 ETH =  1 ETH always.

To be honest, I felt some uneasiness about the ICO model from the beginning, because ICO lacks effective supervision. In my experience, any lack of supervision will eventually become a pond for scammers, but I did not think ICO died so fast, I thought ICO had at least 2-3 years of life.

At least, projects are not running away with your money. I have noticed that anything that do not favour some people is tagged as scam. Nobody forces you to invest, you invest out of your own volition and I am sure you are aware of the risk!

Since the market is so bad now I'd say its just better to avoid all ICOs for now ,start looking forward to next year maybe things will turn around ,even as a bounty hunter I might just stop taking part in one for now,this is why I still prefer coins than tokens ,erc20 tokens just suck big in this area and nothing can be done about it , I prefer normal coins than icos

I think it's a policy of a Project, many projects that don't launch tokens if they don't reach the hard stamp, are a logical consequence in the ICO. investors experience losses or profits depending on the market itself.

Yeah I've thought about that one also.

The possible scenario is this:
1. Sell all collected coins at a higher price (for example $200/coin).
2. Delay the distribution of refunds and wait for the price to go down.
3. Buy back at a lower price ($100/coin for example).
4. Refund the same amount of coins to investors.

Only 10% of total ICOs launching able to list themselves in coinmarketcap and most of them 10% still struggle to survive or maintain their position.  This ICOs now days are nontrustworthy to participate for their campaiging. I was also part of scammed projects like Datareum, Parlaychain. Teams collected lots of money and just went away leaving the chat group as shit groups.

It is hard to consider that they are scam. As you said, they collected fund from investors then sell it for stable coin. Now they buy back ETH and refund to investor  ??? My question is How did they know that ETH will down to 90$? If bull run happened, how to refund? Or will they disappear with those funds?

The bearish market is not expected, if investors are refunded at this time, just look as a bad investment.

Dont invest in ICOs anymore so you wont get this type. of inconvenience. They are also adjusting though they reached their soft/hardcaps, they need to adjust so they can retain the value of their tokens.

Thats a bad thing that they are refunding through the number of eth but they cant do anything to it so better avoid these kind of icos.

Yes it is very sad. Therefore, when choosing ICO, you need to be very careful and attentive in order not to lose your money.

Sure is,looks like the HYIP doesn't get any attention nowadays so they decided to go into ICO,
More and more new coins are being created and ICO is just a way to scam investors.

yes,I agree 1ETH always 1ETH but that price will change .If i trade that ETH i will make some profit.

This time very hard to choose good ICO because most of the ICO Stopped .

Before going to an ICO project you should know that more than 70% are fraudulent, and that this number is still going up. Be more careful, and do not try to run after the benefits and then get nothing. Let remember ;D

Yes I agree on that we need to be more careful because the number of scammer on the feild is really increasing. I believe that we can prevent our self from being victimized by the scammer we only need to be more smart and be more temperate on selecting the good ICO.  We need to research first before we invest for us to earn and not to failed investing in ico is really high at risk today because there are so many scam ico.

These projects are very friendly and Ethereum has been devalued. They can refund the consumer, this is a miracle. In fact, they can do it without refund. ICO has great shortcomings that no one can change.

if this continues, ICO will be abandoned by investors.
so sad for me to see ICO lately, I personally don't dare to invest in ICO for a while.
sometimes I miss a successful ICO, and the price does not fall in value when listing on the exchange.

The scams have always existed, and scammers will try their best to deceive investors, so it is wise to not invest in ICO. This can almost avoid 99% of cryptocurrency scams. The abuse of ICO has caused the cryptocurrency market to be rejected by the government.

These ICO scams are indeed regretful. I don't want to advocate scammers but it might be also the fault of their management team. Lots of them don't have contingency plans for  drop in cryptocurrency price, not reaching a soft cap etc.

This is a bad situation for cryptocurrency which people should be think many times before putting their money on those ICO. Trust only if you have fully understand their projects and had verified that the team are real person which has committed to work with the project.

I do not know whether to call those projects scam projects or not. For example Humancoin, they have to return the money to investors, it can not be called scam, you invest in a project, there That means you have accepted the risk of price fluctuations. But they do not pay a bounty hunter, it's a scam.

In my opinion the paused and stopped ICO were not intentionally as it is. I believe that due to the market bear momentum the developers doesn't have a choice but to postponed the project in order to minimize the possible huge lose once pursuing the project. Maybe some are scam but not all of them. I also think that once the market is in good condition they will resume the project.

It is not only depressing for the bounty hunter, I guess it is also depressing to both project owner and investors.  We should understand that project owner spend their own cash for the setup including the marketing and presentations. Plus they also travel in places to present their project to the possible investors.  I believe it is ok to pause or stop the campaign if they are willing to pay what they have promised.  In an investors part, I guess if they pay in ETH, it is also right to send back the same amount of ETH.  So i guess with this method ICO did not intend to scam anyone since they are returning what they had collected except to the bounty hunter which is actually know the risk in participating in this stuff.

Despite the outcome of most ICOs and the attendant loses that have followed, it's surprising that many still invest in ICOs and then come here to whine when things go south. Like I've said before, I'll not be investing in any ICO until the market is stable. This is because no matter how great the product offering, the token will still tank when it gets to the exchange.

This is all happening because of the current bearish trend even the good ICOs stopped fundraising and some of the ICOs claiming to reach softcap are just fraud.

I would not call it a fraud, because it's just the conditions in the market under which the ICO is conducted. Many can not collect enough money and decide to pause, some make a refund.

I saw a lot of projects that immediately say that they are likely to deceive their investors. However, despite this, such projects have many investors and participants in bounty campaigns.
I believe that people need to spend more time studying the projects in which they plan to invest.

While investing in ICO gave a good income, no one was interested in the "other side of the coin". And when the attractiveness of investment is gone, people began to think. What the irrational move development situation.

Agree that before investing it is better to learn deeply the project and to check carefully the information, in order not to face the scam, although in case someone will write the post that he is collecting money for the plasma TVset even  for that lots of people will sent him lots of the ETH.

therefore initiate everything by first research will be helpful. If only rush and easily tempted by the achievement of ICO are not necessarily true existence is certainly is not going to gain the goodwill in the end. When the scammers are getting clever then as people who exist in the field of crypto should be better and not easily fooled with such a thing.

Wow that is a big accusations. I have seen this scenario before but not that reason. I experience ico that was not able to reach softcap but they refunded us with the current cap price of ethereum. If some project are like this part, they clearly send message that they were trying to scam. Thank you for bringing this post up .

Some ICOs are not sincere about reaching softcap. They may lie about it in order to attract investors investors to their project. His is more reason you need to ask for the transaction movements, else you might fall victim.
There are projects who truly reach softcap, but do your research.

Very familiar situation. I invested in HUMANCOIN and VANIG. After a very long period of ICO, they decided to put their business on pause. I got some of my investment back, but I'm not happy with it. I lost a lot of time and nerves. And for them, I'm just another investor.

The same problem happen to me also i invested Humancoin as we as trencento project both of them refund my amount .

It's been almost 8 months that many of the ico's initial goals were fraud and now there are many victims who have suffered huge losses. indeed now in my opinion we must be careful in investing

I agree with you. Especially the pause of the ICO is generally brute force. Although they also have to do it sometimes, that would not "burn out".

sorry to hear that. really hard to trust your investments in a  project you don't know if they will gonna be successful or not. even if they reach their soft cap, there's no guarantee that they will launch their platform eventually. what I observed regarding ico projects, they are cheaper in exchanges. So maybe just do the trading instead of investing your money in a long-term basis. just my 2 cents.

Many startups are using ICO only for PR. After token sale they make refunds and continue working. I think it's really bad from their side. It should be a special commission which will punish them.

Yeah agree with this. How on earth people these days are so cruel. As we all know that the ETH receive from payment will be collected in terms of US dollars or any fiat currency. The problem with the other project is that they know that when they made a refund they can relatvily earn because eth now is so cheap. So they can make money out of it easy as pie. No more bank robbing.

You are right they already made a profit, from holding investors funds this is indeed a new scam and they are using the market, we will see more of this at least 4 of the ICO I'm promoting are paused bounty hunters are more prone to these scam.

There are a lot of formats for deceiving people.You described one of them.For someone ICO was to collect just money, for someone free advertising of their project(most of the participants of the bounty receive very little, but work hard).Perhaps the crypto community will come up with some option that will not allow to behave so rudely with investors and participants of the bounty.

You've got a point but I don't agree that if a project paused or stopped is a solid indication that it is a scam. Some projects really don't reached the hardcap or even the softcap so the fund needed to push through with the project is not enough. Some are really trying to generate funds because the project is really good but due to the market status, no one seems wanting to support it.

I think you made a good point here. ICOs are greatly affected by the slump of happened last year. Imagine that the whole year was a sad days for cryptocurrency world. Having ethereum reached a double digit price. The declined really dragged ICOs success rate downward.

        ICO off or suspended is the new SCAM method. You're right! This happens when people start investing and want to see a certain stage of the project. The members of the project have nothing to show, because they are not working on any project, they are just fooling the investors. Thus, they say the project is temporarily suspended. There should be a method by which these guys are punished. It's not recommended to invest now in ICO projects, because most are scam.

You are right, fraudsters have always been very imaginative, and even in such market conditions, they can get profit  by deceiving people. At the moment, I prefer to refrain from investing in ICO projects, and it is better to wait for the recovery of the market and any specific response from regulators.

Perhaps you`re right. For many months, almost all projects only postpone, delay and promise. There is hope that there are honest projects. But it is very difficult to distinguish them from such scammers. Therefore, in these conditions it is better to refrain from investing in ICO.

Different systems are been adopt by scammers claiming to be a dev just to scam us and that is why we need to be very careful before investing in any ICO.

How many ICO projects have led to a scam in 2017?

When a market keep going to increase and pull up many investor to jack up an ICO project, it is likely that every developer who initially pretends to make the project a success, however, the demand for the project increases, the developer will strive to convince every investor, because they have made a big profit.

However, when the price declines now, every good project can lead to a scam. They cannot maintain their capacity when prices continue to decline and try to take as much profit as they can. I guess the situation of a bearish market like this is indeed better to save at money fiat. Investment in ICO or existing coins is still at risk.

I had a bit confuse about the 3rd one, you said the softcap reached but why did they has to refund? The project should be able to run with the softcap.
Since that would be the minimum amount of investment needed for the project to be continue their development.

Sadly, this can make people traumatized to learn to invest in the ICO, even if they have reached the soft cap, it would be good for the project to develop with existing funds. But the risk is great and this must be dealt with because without a struggle the project goals will also never succeed.

I agree that many new ICO is a scam, but about the refund that being done by if the project doesn't reach its target (at least reach the softcap) I think that is not a scam, as the prove they are returning the fund from the investors, and about the different in price that is fully depends on the price of the coin used for investing, I think that is not the mistakes from the dev's side.

Format, as you say, is true that this can be an indication that the project is a scam. ICO really needs funds to develop, but in a collapsing market price situation. ICO is very difficult to get investors, so you must be careful when choosing ICO.

I really hate this kind of project which are too good to be true from the start promising the users by offering best discounts of purchasing tokens.Theres a lot of this projects out there which is still alive or even in CMC.

Due to bearish market status and value of Ethereum going down all ICO project even top project are also in trouble as they did not achieve their sift cap or hard cap so the ICO project refund or delayed it,

Even if they reach their softcap and they didn't reach the hardcap their is a possibility that they will decide to stop the ICO due to they did not reach their expected target,hardcap funds is very important in every project because they used it to improving their projects and exchanges listing,and we cannot call a project a scam if they will refund the investors investment because every investor's knows that it is part of  ICO investment.

Yes all market going bearish only but when ico start that time itself market condition same .even though they started ICO then paused or refund this what going on right now.

Quiet interesting and normally ask myself why the pause? You look at their way of things and realize it was part of the strategy. Please let us not fall for this new prank. Lets do our research well before we join any ICO.

The reality is that at the moment the ico project is used by some irresponsible people to make a profit. they make an ico project that does not have a purpose, they only write data without the realization of the project. there must be an agency that regulates this. do not let the situation of the development of the digital currency be bad because of the indication that the ICO project is a scam like this.

if ico succeeds in softcap and does a refund it seems like I haven't found it, most ico do refund only if their project doesn't sell / fail softcap but it's true if the fund invested in refund the value must decrease due to market influence but eth number is still fixed

I heard some project do that thing, but new project and i forget which it is because they make announcement if they will refund investor's money even reach softcap before that. Maybe because dropped price and it is not reach their target in USD.

Well, so far, there are many ICO projects that are extended, stopped, and paused. And then, they will probably disappear after for long time waiting. This is probably a scam but sometimes, they really need more times to extend. That is why we must be smarter in pretend whether the ico is legit or not.

If you are being cheated, maybe you should stop investing during ICO?
I think that the ICO in the form that we now know them will soon cease to exist and we will see something new, under the auspices of a common regulator.

Not all of them avoid because some of ICO was scam and their is a few ICO that legit but I agree on what you said because if we are basing on the previous  years of bounty or campaign and ICO was legit on 5% base on my estimation was scam but right 80% was scam and few was legit so make it sure always that ICO you are joining was not scam.

At list you should be happy they returned your ether as there are Scammy ICOs who don't even bother to return the funds to the investors. What if you think from project point of view if they converted their raised funds into USD the instead of Bear market Bull run started??? Investors invested Ether & ether is very volatile at list they refunded investors.

What about the ICO extended by their tokensale?
I found that some of them are still in the extension of time, they have reached the softcap, even if it is less than 5% of Hardcap, but they are still extending the ICO period.

to work on chance as investors might expecting returns from developer as referring service on offers and gathering use with numbers on returns to improve with the rise on price with the token on exchange with the market.

We know the whole market is in under pressure so if anyone invests in any ICO they must know that ICO properly. But I think it's not time to invest in any ICO. On the other hand, most of ICO is a scam that's why the results are very sad for investors' capital.

investors will certainly suffer losses because their current ETH value is far below the previous price.

on the bright side, investors actually do not lose anything, because their ETH is back intact. only the value drops.

Its tiresome for me to keep doing research everyday on ICOs ,its better to just ignore them ,I'm so tired of ICO and I will never invest my hatdearned cash in any of them

I agree with that . Now am start to focusing on STO.When compare to ICO STO not much risk factor .

Welcome to the world of cryptocurrencies. And what is your idea what may ICOs to do with your funds? Exchanging Ethereum tokens into dollars? And if bull market comes and 1 Ethereum will cost again 1500USD? Still you will complain.  ::)

Most of this scummy ICO's doing everything possible to kill the crypto industry. They changed rules all the time. Even ETh - Vitalik just decides without users opinion what to do with ETH.

Many projects in 2018 failed to achieve the goal and the reason was mainly the lack of fees and of course the price that fell to a minimum.

I never see this kind of manipulations and op really make point here.  I do invest into many icos and there is one I invested when ethereum was $1200 and up till now nothing has been done.  No single response from them on both twitter,  facebook and Ann thread here for more than 8 months now.

It's hard to do something about it, because ICO very often does not collect the required amount, after which everything that you have described happens!

You might be right but what i know is that most ICO refund  people money back when total asset raised can not support the cost  of the whole project  .. lets say they needed  $20 million usd for the whole  project to be successful and investors started investing when ETH price was $400 usd right  now ETH price  is $119  so its  means that  they cant continues the project right now . something most project never reach  hardcap . so they must be refund . i think refund is better than sending you a  shit tokens .. All we have to do as investor is do more research before we invest  ..

It is a little fair seeing some who still return funds. I have seen some projects that will not return your fun no matter how the market plunges.
They will scam to the nearest minimum.
This is why we need to be watchful on the type of project to invest in.
It is not just enough to read white papers or reviews from others, but to also know the team members.
Be sure of their integrity.

This is really annoying, People invested their hard earned money and these scammers just find a way to scam people in a regular way. We need to be very careful about project team, whitepaper, and financial status of the project.

I think I have invested in one of these types of ICO.

Just a little investment though. The project is really promising and they reached the soft cap. Later they announced bankruptcy and said the soft cap is not enough to pay for everything. Problem is they did not pay back. Urgh.

Good thing it is just a trial for me.

We have what we have. These are cryptocurrency, blockchain, decentralization, anonymity, these criteria allow impunity for all those who carry out dishonest fundraising and their subsequent theft. We can only wait, identify the scams as real detectives, and hope that this will help reduce its number.

That format is common like for sure once they pause in the middle of running ICO for sure high chance  to become scam it will not be good for us who invested to ICO.  Maybe someday it will have new format to scam people so better always be aware and tell to anyone if they really have new one so we can prevent investing to the ICO are not legit and earn more money instead of losing it.

Well most of the projects are running short on investments now a days and that is because of the lack of interest by the investors. So many ICOs are not reaching the softcap, some who claim to have reached the softcap are actually their own investment to make investors believe that the project is doing great to get investment but when they still don't invest then the project starts refunding.

Thankyou for giving us tips, I would like to share my observation to you.
base on what i observe scam campaign/company will make you feel good, giving you a lot of token with a simple task.
And the admin/staff and moderator cant really answer what you're asking
And the mostly common when they promise you the token that you gain and the time they said to distribute, The token is not in your wallet. And they said thay they already said that they already gave your reward.  As of noe that's the things that i observe. to the 3 campaign that i join the past year. 2018
BE CAREFUL GUYS

well that's why we need regulation to become a legal umbrella, especially for investors.
and now there are many ico that have no ideas that are different from each other. this makes it difficult to compete when traded, perhaps only from pumping manipulation

Wow, it turns out there are many ways for people to cheat, you have to be more careful, it's very difficult to choose a good ico project. Even though the project you mentioned returns investor funds is not full, it also includes cheats that should return all.

in fact there are so many features that can make ICO scam, nowadays many are trying to give kindness to the beginning, and trying to give full confidence to prospective buyers or potential investors, when the ICO is almost finished they don't distribute tokens and all disappear just like that without responsibility. there are many other types of characteristics that indicate that ICO is a scam, you should be more careful when you want to choose ICO.

Now a very large number of ICOs have been stopped for one reason or another, and I think most of them will not even start!

In that case,if they are ready to give the money back to the investors then they are not scammers but when you won't find any announcement about returning or when they are going to resume will be scam.But its the sad truth lot of people were regret now why they choose ICO to invest.

Indeed, so many people have done it. fraudulent schemes from ico are very systemic and make them able to get a lot of benefits and also be able to successfully commit fraud

IF an ICO is or was pause it is not a 100 percent scam, this is due to unhealthy market!


As long as you get your whole ETHEREUM investment you were not scammed. it is normal, scam ICO dont return any amount!


IF the softcap is reached and they stop the project then it is a scam!
If they return all the investment money to people then it might reconsider.

I can hardly recollect a successful ICO which raised a huge amount of money and accomplished developing their project. The ICO period was over long ago and people just started scamming others after that.
You have listed just a few but if you search throughout the history in the past 1 year there have been so many ICO scams due to which people have stopped investing in ICOs.
I don't think anybody would be even investing in ICO these days since the market is already bearish. Keeping away from ICOs is the best thing we could do.

As far as i am concern i don't see that as a scam if they refund with crypto value you contributed if otherwise then it is a scam of they use USD value of what you sent at the time they got your payment then it is an high class scam.

It is difficult to trust in the present day especially when the money is negotiated. to invest in ICO good looking at ICO
because most ico now arepaused or stops many unremitting investments toinvestors. as well as bounty hunters do not work in Bounty that ico does not begin because many scams in this period in cryptocurrency.

   That need to be stated in white paper. In case of refund people will receive same amount of investment back.
   There are many types of scam, and ICO scams are probably the most interesting now. We need to pay attention
where we invest and in which bounty we participate. It`s on us to spot scammers and to report about it here and
other places. I carefully choose where I invest, I always read what ever is available about certain project.

The bearish market situation has been the main reason of this ICOs failure to collect enough money during their ICO period and most of them they tried to extend their ICO just to collect the soft cap but the investors were afraid to invest due to many uncertainty in dealing with ICOs. Even with their huge bonuses given if you invest in their ICO they still failed to convince the investors to invest on them. I'm hoping that investors will realize that it's risk in putting money in no assurance that the project will succeed because we have many projects that the team had doing exit scam after they collect money.

This is what im talking about last year, most of ICO's these days if not scam it is refunded and investors has nothing to do with that kind of practise. When ICO hits hard on 2017 its really an eye catching for those small investors who are easily attracted to huge promised profit. These are just a few new modus on ICO so be aware on this kind of industry.

A lot of them are confuse and do not know what the future holds for them. I have seen many projects having run for many months end up making refunds. Those are even better because they are refunding the money collected even though there may be shortage in amount being returned. I recently noticed an ICO called Elisia that boldly written in the whitepaper that Amount contributed may not be returned and still some people still invested their money. Today Elisia is a scam project and you need to see how the CEO is making fun of his Scammed victim on their telegram page

I'm afraid that a lot of projects today seem really very similar to scam projects. I hope that today you and I will no longer have the opportunity to fall for scam projects. But it is not just like that. A lot of experience is needed.

there must be a significant change in ICO regulations or even if it allows the government to be responsible for handling the ICO.
and if there is a suspicious or fraudulent ICO, it must be subject to strict sanctions so that the ICO will be safer and investors will also be comfortable investing in the ICO.

Investing in new projects is always a big risk. Previously, this risk was associated with the ability to earn very well, now the opportunity to earn is lost due to a strong fall in the market.
That is why many investors do not see the point of investing in new ICOs.

I no longer trust the information provided by many projects about the course of the ICO, as too often this information is false.
A good example for me personally was KYCLegal.

I really am sorry for the investors that involved in this possible new scam using ico sale. If we are experiencing this kind of scam attack, its advisable to tag them a red trust in the bitcointalk account and make sure that we write feedback on their emails regarding the attitude that they have given on the investors.

I remember very well how I helped these ICO projects. I was not surprised that these projects were scam. No one is immune from such cases. But now I understand that if I had qualitatively analyzed these projects, I would not have made a mistake. Let's learn from mistakes.

Regarding second point, they are giving you refunds for the same amount of Ether you have given, you can't expect them to give more than you invested and you invested crypto not fiat.

I have participated in the Humancoin project. I think the project is a lot of interest by everyone. But the reality is indeed bitter. That it cannot be predicted that the project is really good. If not in a good plan going forward.

This coin is not yet listed in coinmarketcap, so I doubt if it is legit or not.
Investing in ICO during a bad market condition will most likely result to a big wait because most likely, you won't be able to sell
it at a profit. So it's wise to buy only coins that have a decent liquidity and trading in big exchanges.

This bearish market condition will surely make 99% of ICO into scam and even the good projects might fail if hardcap is not achieved or if no investors investing ,I see no reason to invest in ICO now ,you can only make gain if you invest when bitcoin hits all time high,ICOs are worst

Many projects do not achieve their goals, and therefore they pause, but at the same time there is a chance that they will continue their company!

the New format of icos now are not too good because bounty hunters seems that the bounty projects arw scam so thet dont join and  promote the project.

Yeah most of this projects have a great and strong team but they really did not try to take a risk on continuing their project because they are afraid that it will cause a dump. This cause a great downfall to all those investors who did really invest. I must say that this projects are good and not scammers but they only exist in a bear market which is a very wrong timing.

Yes i agree your point in this market condition all the project are going dump side only but i hope it will move bull side soon.Now all market it showing green line this is also positive side .

Indeed, if you invest in an exchange and already registered so that we manage it with market games. But when investing in ICO it gives us a lesson to be able to choose quality ICO, the possibility is that it is an ICO with a new format, after the soft cap but is unable to continue and this is very sad. So be more careful to choose ICO with a situation like this.

What's problem with that? I mean you invested crypto and not fiat, you get back what you invested, 1 eth invested you get 1 eth as refund.

Keeping off ico is the best way to not get scammed cause the market is in its bearish season this is the best time most scammers tend to want to earn from investors so stay off icos

I agree that this is really sad. You also need to be careful and attentive when you invest in ICO. Every time scammers  come up with something and this is not news

Yea. almost all ICOs are involved in some sort of scams. Mostly Money grab! , some of these Shitty ICOS even selling kyc documents!
You should be carefull!

This happens in any market where there is no clear regulation and perpetrators can escape responsibility. ICO is not a scam format, but it is used to deceive people.

I don't know why people supports ICO when you can buy their token when it hits on an exchange much lower than the ICO price (sometimes its 10x lower than the sale price.).

Yes i get back my investment but  value is different right when compare to investment time vs refund time .If trade with amount i will save that money

Even now the amount of those scam project still not showing to be reduced. but it instead increase from time to time, so for everyone wish to make an investment, they need to be really careful to choose a project to invest on.

Its a redefined pattern of stealing from investors mostly those who would not  get concrete information on a project but are deceived ut of the mouth watering offers my advise currently the market is not favourable for icos and other projects to save your money and get saved from being scammed

In a bear market, even experienced investors prefer to reduce risks by investing in several carefully studied projects, mainly due to fraud.

Almost 90% of ICO's turn out to be scam or even if its a legit project but cannot reach its softcap the investors will carry the burden as they waste their time on that project. We must be very vigilant on choosing a project to invest since the scammers are growing in crypto-space.

I don't think its a scam because its normal for projects that doesn't reach there target to refund the investors and if ETH price drop its not there fault but I want to ask this question' what if ETH price increased?

because more and more people are lacking with the results that have been obtained so that now many ICO projects are scam, for now there will certainly be many investors who don't trust the ICO project, so they will be more careful in choosing ICO projects and investing their money, hopefully in the future, the ICO project will be better, there will be no fraud like now.

but not all ICOs apply such a format. indeed I have heard of such things, but during my ICO, I have never been able to get an ICO using this format

I have learned that, Not necessarily a project that is delayed / stalled is a scam, because the delay in the project can be caused by many factors, if your funds are still returned I think it is not a scam, this proves that they are responsible. if the ETH value decreases I think it is a market condition. if reach the softcap then the ICO stops, then this is most likely a scam, unless there are clear reasons, and investor funds are returned based rules. based on the example of the ICO Scam project that you listed, I can learn that the more Scam models we have to beware

Scammers like mushrooms and everywhere there are. They are looking for opportunities to deceive us by investing. The lack of strict regulation that can suppress it does not yet exist. So they continue to roam freely. We really have to be careful, take your time to do research.

I think not all of the ico are scam, there are some other ICO that are legit and profitable, but there are so many ICO that are turning into scam that is why we needbti select a legit ico to avoid lossing profit. I still believe in ICO and I believe that soon ICO will rise again and we will earn on it.

i think right now its not the right time to join any ico except IEO
better buying ico / coin when hit the market to aviod drop prices

There are thousands of way for scamming people. No matter what you know, scammers will find a way to scam you. People should do enough research before any kind of investing.

IEO is here too. Seems like it's going to be a huge trend soon.

This is very interesting point. IN my opinion, the whole ICO field is kind of scamming people. Rarely projects are trustable. Better avoid ICO overall.

Once the ICO was stopped or paused high possibility to the ICO to turn to scam that's the technique of the team of ICO to do this but the ICO is scam. They have a lot of format now to scam ICO so you need to be aware on that so you can avoid it and you will not lose more money in your pocket. I suggest once you invest there is a risk that your money gone because you are not 100 percent sure that your money turn back or grow.

I also do not like the new format of the ICO and I think that soon people will realize that it is meaningless. The sale is very fast, although the token or coin is not of any value and in a short time its rate decreases several times. >:(

not all ico's are scam , there are still few who are legit . all you gotta do is dig them because they are already burried by those scam one's   . and you did mention ieo , i do heard of ieo before  . i think ieo is a hell lot better than ico  .


the price actually drops more after the coin is listed to an online exhange  but its more safer because you know that they are not scam   . investing in the actual ico has lots of advantage only if you are sure about their legitimacy   .

No, They are not a scam and it is not their fault either. I would feel sorry such honest ICO projects, they came with a good plan and raised good money but failed to meet the soft cap! So, Those projects gave back money to its investors. Many projects went away without giving refund when they did not make the soft cap! And, Projects like URUNIT, IngotCoin are the shame for the crypto community, they raised huge money and after then they changed the total work plan so investors and big partners took back their money and those projects are now dead even after reaching the soft cap!

If any company not able to collect required funds and stop their project due to any reasons and give you full refund then you cannot ask it a scam if you get less $ as they always collect in cryptocurrency and refund the same amount which they collect and the value decided by the market. You will get the same amount of your investment in same crypto in which you pay.

What ? 40% only for refund is not a good thing for the peoples who put their money in the project.
They must return at least above 90% of the raised funds so their investors not lose too much money.
point no 3 is worst. If the softcap reached, they should not cancel the project and refund the raised funds.

I think this is the correct refund method. When ETH price 300$ and you invested money in ETH pair not USD, So that project development refund your money following their rules and regulation. Why only 40% money back i don't know and i think it's happened in the few project.

that's why people say that ICO will die in the near future. that is entirely reasonable because there are so many fraudulent projects right now. Good projects will often combine with capital mobilization in exchanges (IEO) to make the process faster.
Public token projects will no longer be in the future and scammers will soon leave the market.

What exactly do you mean by new ICOs? If here we are talking directly about STO or IEO, then I also do not support such processes, so I also think that it is best to adhere to ICO processes.

At least you are getting something back.
They could have exit scam and not give money back.
Why they are refunding, project fail or price fall made them not to have enough money for development?

Best method is to be very careful when choosing an initial coin offering so many if them out there now are probably scam or not worthy of your time and finances

If we consider Launchpad as short-term investments, then why not? The people involved in the first ICO on Binance received in a short time great profit.

Unfortunately it's true. I have not come across this yet. But it is actually terrible. Every time the fraudsters come up with new types of deception and the worst thing that many people are led to their tricks. So beware!

therefore we must be very careful in choosing ICO because even the ICO that we have examined is still potential to fail or only fraud.
so we must begin to familiarize ourselves with the methods used by fraudsters and always know the latest information so that we will be able to minimize errors in choosing ICO because if we are deceived then it is very detrimental to us.

Sadly, I've been scammed by that ICO before. They probably did not continued to distribute the tokens and stop listing it in an exchange. I was frustrated back then, just as I thought I've chosen the right ICO, it was the other thing around.
However, they've been talking about IEO. I will still give my chance to try it than risking joining again in some ICOs.

Research before invest, there are so many scams ICO right now. You need to be careful if you don't want to lose your money and wasting your time.
I only want to invest in ICO with the high hype and trusted like Binance Launchpad, they can give you huge profit and of course is anti scam because is under control of Binance itself.

I was also scammed. ICO has made the distribution of tokens, but unfortunately it is not listed on any exchange, and for a long time has no contact with developers or any information about the development of the project.
Name CashBag
Announcement thread: https://bitcointalk.org/index.php?topic=2311052.0

Indeed, there are many new formats about ICO scam that we have not yet realized. we are required to be smarter. one of the most classic scam formats is the Profit offer is beyond common sense. but if it is wrapped in a new model I think it might cause casualties. for example Hardfork news. this is very tempting. for example, the ETCV which was horrendous, turned out to be just a scam.

Scammers are using different methods to scam people now a days, scam ICOs are a part of it. Its very difficult to find out whether a scam ICO but if we go thoroughly into any project, atleast we can have some idea whether to invest in that ICO or not. Useless ICOs do not work well,there is always excuse from their team about services, release of product or anything asked about project. Good ICOs properly follow their roadmap, team is always active and they have concrete answers to every query.

In the current scenario, I believe that a certain project is legit if they have working app or product with large number of users already. We are not talking the alpha or beta because there is high chance that the project will still not go thru. Cyberspace is a very large playing ground of these scammers so protect your own self because no one will.

I think it would be better not to buy any coins at this time because I think almost 98% of ico will make us lose.
it would be better if now the ICO is replaced by STO or IEO, I think the ICO era will end soon.

I hardly get myself involved in ICO, cause I'm very sure that majority of them are scam and that's the truth. There are lots of better things to be done than investing in ICO, you can even hodl up in your crypto wallet instead of ICOs. But, from the way you have explained this, I don't think you really have them to blame for this. If price happened to get below what it was when you invested, then they will pay based on the current price.

You bought 1 ETH and that's what they are going to give, no matter if they price goes up or down. So, let's assume it was the opposite and the price went up instead of going down, then they will also pay you a higher amount than you have invested. So in this case you shouldn't be blaming anyone cause the market is currently down and its no one's fault.

There are fewer methods, so scammers excel as they can by inventing more and more new tricks and types of deception. The task of each user is to have a sufficient level of knowledge to easily distinguish scams.

It's one of scam icos but there are some legit icos. i have been getting a lot of news from all of my icos. I have joined in some icos and the developer is trusted. It looks like you should do more research to avoid such garbage ico like the one that already mentioned in your thread.

If they raised eth and never turned into some usd or any other, i can't say it is a scam.

But if take eth, sell it for usd later buy eth and payback, that is a scam.

as work with the developer to turns as least on results with the expectation then investors might gains with request as fine with chance on extensive as work on funding still helps with the manage of works on projects as improving limit on authorization with the entrance on dev with decision of involvement.

Not all ICOs are scam, just the opposite. The main problem is that in a bear market even for good projects it is difficult to raise funds, which leads to failure and often loss of money by investors.

I think there is a difference in the ICO project. ICO projects are said to fail because they cannot collect funds and all investor money is returned. But if ICO is fraud, of course, they will not refund your investment money. So every investor must always be vigilant and not easily trust ICO.

It is really disheartening and unfortunate that these bad eggs are in the crypto space. This is why we need to make more research before investing nowadays, let's look past the hype etc and focus on if their ideas or aims and objectives is achievable or not.

Well these ones are still better because there are some that will run away with the investors fund. A project that has future won't stop what they intend doing due to market instability but keep working. Let's research well to find potential projects.

It is always better not to invest your money into each project, but to invest your time in making your own investigation of each project to assure that they are legit. Try to take part in ICOs that have already secured their soft cap.

Nah, that's not true, what the op has discussed here is in no way a scam. You got what you invested and you weren't scammed. The only problem here is that the price broke down and went below the purchase price. So in this case they have no other option than to still give you what you paid for.

Take for example you bought 1000 tokens and it is worth 1 ETH currently $143, which means the 1000 tokens you paid for is worth $143, if the price of ETH falls to $100, you will be paid that $100 cause that's what the tokens are worth as of then, there is no scam in it. It's just the risk we see in cryptocurrency.

What is the difference between STO or ICO or IEO? STO is the ICO with regulations added. IEO is also ICO, but when it is sold in exchange it becomes IEO. However, exchanges choose the best of the projects in order not to lose, and do their research well. If we do this by supporting each other, can any project deceive us? big NO!

for ico indeed the refund problem is still very chaotic because they always return investor funds when the alt price or the other one goes down, I think I think the ico exchanges investor funds with stable coins / fiat money so that the money from investors is not too severe but rarely do ico do that matter

exchanges team will observe the projects that will held IEO in their exchange.its give huge influence to their repution if they didnt carefully select correct projects.

Many ICO have been scam because could not have higher price after listing on exchange market, I think owner have responsibility how to make their coin have higher price with listed on higher exchange market.

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I'm beginning to think that they are making a profit also from pausing the coins, when the market is down, I have seen so many ICO paused or stopped and their alibi is the market condition yet they are very slow to refund their investor's money, am I the one thinking that they are using the money to invest.

You can avoid all of this simply by investing once the crowdsale has been completed and the token has been listed for trading that way you won't be risking as much from investing up front or having to wait for a refund if it fails to reach softcap or for another reason, and you'll likely be able to acquire assets at a discount once the market has reached a nominal value in these conditions which only requires patience

Whatever where he will put his money and then the result of analyzation will matter a lot in this case. So many people are doing wrong and they are getting trapped by fake ico. They must do a proper analyzation for any ico

Recently, people have already come across the fact that a huge number of scammers are really fooling their people with their investors. I can only say what is on the market today. But you, too, can start to collect money for your idea and this will not prevent you.

You cant really till if the ICO are scam unless you have a big solid proof and debunk them. Most ICO that turn scam now are succesfull they said but yet run the money even KYC cant help cause they can still fake it.

No more investing ICO projects and no more work for their bounty campaign. Once i was working in a bounty campaign and collected great ammount of coins in signature campaign. I also believe in that project too much and i invested with all my Ethereums.. The project was softcapted but end of the sale they just lost.. So i did lost X2! My works has gone (nearly 350 post i made for them from my btc account) and my my ETH has gone.. I never trust those kind of projects anymore, people can lie easily and i believe that they have no fear from the God..

Yeah i feel the same
Myself got participated in vanig, at first seems everthing was fine base on news delivered at their social accounts but at last they're gone like a bubble with no traces to be found. I really feel i lost everything at that time and stop for months. But now I decided to build again my self with crypto

It is just a trick by the ICO scammers. They must have sold the ETH used by investors to purchase their tokens at a higher price of $200 before buying back at $95 to refund the investors.

For many people it does not matter whether they are scammed or not, it is first of all important for them whether it will be able to bring money, because quite a few frank scam projects in which people invest for quick profit.

how can they get money if it's a project scam? in what ways do we work and invest in a project scam and we will get money? I think the ico project with a new format is not necessarily a scam. it all depends on the team and the equipment of the project, if it is feasible I think investors will definitely continue to invest. many new industries will continue to join this market, we will see it flooding the ico market soon.

Neverending ico's.

Always bad market affects them and they pause until good days come. But the real reason they had a very shitty project no-one wants to buy. Also some are saying they raised millions of dollars but they decided to refund investors :D

 In the crypto market, we are no longer unfamiliar with scam issues. There are many different types of scams and we should still take precautions when investing in ICO. but now IEO and STO are born, scammers are dead and from now on, exchanges will help us sell tokens of prestigious projects. Stop investing in ICO projects if you want to be rich. ;)

What do you mean, there is just a bearish signal everywhere? I think what you are trying to point out is that, ICO's are already known not promising. And in that case I can say, no. There are factors that will going to be the basis how we are telling things. Based on my experience on ICOs, it wasn't always that bad. Maybe you just try to invest on trading and exchange platform.

It really funny in the crypto community everyone is trying to be smart. I joined an ICO which had 4M USD on their raised fund bar only to come and tell us that they have been able to raised only 27K. I just pretended I haven't seen that  :). Let's just be truthful to ourselves.