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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Bitbtc8 on May 04, 2019, 03:14:51 PM



Title: Fundraising scam ,the way I see new projects
Post by: Bitbtc8 on May 04, 2019, 03:14:51 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising


Title: Re: Fundraising scam ,the way I see new projects
Post by: sangjoewara on May 04, 2019, 03:20:05 PM
If you can't stand the risk, don't invest in a fundraising project, it's better to play safe in a campaign that has potential, although it doesn't guarantee success, but financially you have nothing to lose.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Patatas on May 04, 2019, 03:20:24 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
100 Coins? All of the ICO's/IEO's share the same model. I don't remember the last ICO project that blew up and actually profited the investors. The model I propose is, develop the damn coin, let it grow and have some market value. If it has some market value then the investors can pitch in to promote the coin with more funds and development. Otherwise, people will keep getting scammed in the name of ICO's.


Title: Re: Fundraising scam ,the way I see new projects
Post by: cryptofirm on May 04, 2019, 03:44:35 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

if you do not believe with ICO or IEO project, just stay away and do not drop your money there
for me if we want to make a significant profit in short period time ICO and IEO is the right choice for now,
but, we should deep learn how to identifying a good ICO or IEO project with huge potential and can growing hard after tradeable on exchange in short period time


Title: Re: Fundraising scam ,the way I see new projects
Post by: hamly on May 04, 2019, 04:02:06 PM
One shouldn't just jump on every ICO'S or IEO'S. Let it be a coin with  some percentage of market value and growing potential before investing your money.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Script3d on May 04, 2019, 04:12:08 PM
It's just people blindly investing into these scam and not doing a extensive research about the project and it ended up back firing them in the end, ico's now are just cash grab for people behind the project and i don't think there are developers behind the project at all, all we need to do is stop feeding scammers money.


Title: Re: Fundraising scam ,the way I see new projects
Post by: rijaljun on May 04, 2019, 04:20:59 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
Let me ask you a question, do you prefer to see Bitcoin price increase or to see Bitcoin adopted by more people? Most people will answer to prefer to see Bitcoin price increase than to see it's adopted by common people.

The same, I'm sure people here are investing just to multiple their money and don't really care about the development. That's why, I agree that fundraising is a scam, for you who think development is more important than a price.


Title: Re: Fundraising scam ,the way I see new projects
Post by: santouao on May 04, 2019, 04:21:52 PM
If you dont believe in new projects and thinking that ufundraising in cryptocurrency is a scam then go to a trusted project that has already known by people,Go to yanu.io and make investments they do a new way of fundraising but not change tha aims of the project and they are taking care of investors and workers on their project.


Title: Re: Fundraising scam ,the way I see new projects
Post by: babysweetTiger0401 on May 04, 2019, 04:39:41 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

You have a point in this one mate, and 2018 could be the reason why you said those statement in the above dude.
Another thing also is most of the project arise last year, they will hyped the community to invest and support the project, and they will say
lies updates for their own self-interest to get the trust of their community.


Title: Re: Fundraising scam ,the way I see new projects
Post by: aprilnot on May 04, 2019, 04:45:28 PM
If you can't stand the risk, don't invest in a fundraising project, it's better to play safe in a campaign that has potential, although it doesn't guarantee success, but financially you have nothing to lose.
I don't think that's the problem. because all investments must have risks and I'm sure he understands that. but the problem is that now developers see investors like a pile of money. they don't seem to care, if the price of the coin falls. when they want to find funds they do everything they can to make investors interested and some even make lies. but after that they were almost the same as scammers.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Adriano2010 on May 04, 2019, 04:54:04 PM
Indeed investors are at risk when invest on new projects, but we need also to say that not all projects are scams and there are some who can offer a good opportunity and will give a profit.


Title: Re: Fundraising scam ,the way I see new projects
Post by: fudster on May 04, 2019, 05:05:13 PM


This is why they are changing the way such as IEO however its not going to guarantee still,  exchanges are just used by these exchanges that does their IEO on it. It has become a bigger scam in the end where more parties are going to be part of the scam. These exchanges don't act like they are the escrows but will only negotiate with the listing after the IEO.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Little Mouse on May 04, 2019, 05:09:51 PM
No premine are the best for all time, I think. ICO are mostly scam but there's some project which did better, for your info, ETH was the first fundraising or ICO project. There are still some good project, you need to analysis most to find out the best.


Title: Re: Fundraising scam ,the way I see new projects
Post by: mahibul49 on May 04, 2019, 05:10:44 PM
2018 was disaster!saw too many scam icos like gonetwork,levelnet and many more!currently we can see IEO and till now i have seen IEO are raising funds and they are legit project :)


Title: Re: Fundraising scam ,the way I see new projects
Post by: givary on May 04, 2019, 05:11:08 PM
Maybe your decision is right. I personally also realize that there are many fake projects and this certainly harms many people. But what I am doing now is more selective in determining the ICO project. Maybe by 2019 many projects have experienced good development. So I'm still sure whether the project can still produce good results.


Title: Re: Fundraising scam ,the way I see new projects
Post by: sukey2008 on May 04, 2019, 05:14:23 PM
if you have done enough studies on those new projects, incl. road map, dev team and so on, and still believe this has a great future, why not invest in it?
But honest speaking, new projects which fulfill these conditions, are to rare...
So just be careful but still keep hope on it.


Title: Re: Fundraising scam ,the way I see new projects
Post by: --DarkSecrets-- on May 04, 2019, 05:21:31 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
Accept the fact that many of these projects were making money on IEO or crowdfunding and now it is the trend of cryptocurrency only very few altcoins that has no ICO will survive. If we talk about successful projects before there are too many. So, to say the ICO are needed to have new technologies that a certain company can't be funded or an individual as a result only the person who will go invest in that particular project will decide to risk his money. Not all projects and fundraising is scam.


Title: Re: Fundraising scam ,the way I see new projects
Post by: rafi035 on May 04, 2019, 05:26:23 PM
2018 was disaster!saw too many scam icos like gonetwork,levelnet and many more!currently we can see IEO and till now i have seen IEO are raising funds and they are legit project :)

The IEO is a successful fundraiser for now, in my opinion, and many are not disappointed with the IEO but there are still a number of counterfeiting ICOs. so the project that issues IEO sales in the big market will succeed with fundraising.


Title: Re: Fundraising scam ,the way I see new projects
Post by: kisfoxs on May 04, 2019, 05:29:02 PM
Yes, it is very bad that they collect funds and after funds are collected, funds are taken. Projects like this might happen very much, so you have to be good at determining projects. ICO and IEO companies must continue to be developed to gain trust in investors.


Title: Re: Fundraising scam ,the way I see new projects
Post by: MadGamer on May 04, 2019, 05:32:23 PM
This is actually very accurate and yet, people fail to see it somehow. It really doesn't take a genius to know that these projects are made for the sole purpose of scamming people.

ERC20 are too easy to make and anyone could make one by following a tutorial. People should pay attention to the use case of the coin. If we have 5 debit card providers where most of them failed to deliver, there is no reason to invest in the 6th and 7th... because these projects will all use same card provider, and the same regulations will be applied because it comes from the same authority.

My advise here is that people should start investing in projects that already have a prototype/beta product that is working because clearly, no one is taking time to read the whitepaper, do some digging about the team members or anything that could prevent losing money.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Marry Finch on May 04, 2019, 05:36:28 PM
Not everything is as bad as you described here. A lot of ICO projects are developing thanks to the funds raised and are very useful for people. One cannot blame these projects for the fact that Bitcoin fell in price all last year, after which it was in a state of stagnation and kept other types of cryptocurrencies, preventing them from further price growth.
Of course, due to the fact that everyone can join and start their own ICO, and they collect huge sums of money, the scammers took advantage of this. However, it is enough that the states begin to regulate this type of activity, checking the team, and fraud in ICO projects will disappear. I think that soon we will see, finally, such regulation.


Title: Re: Fundraising scam ,the way I see new projects
Post by: repear7 on May 04, 2019, 05:39:50 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
For me, every investment has a risk comparable to what we will get later. I think everyone will think and do research before actually doing it, not all ICOs or IEOs harm investors and even provide profits up to 300%, this is which makes perfect sense to me.


Title: Re: Fundraising scam ,the way I see new projects
Post by: dipeco on May 04, 2019, 05:47:53 PM
If this is a great project, the team members are always responsible for all the risks. I mean, they must have already done the private investment, invested their own money to make a good start, so I think they also understand all the risks.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Peruvyn on May 04, 2019, 07:54:18 PM
You are actually said the truth. The two model which is ICO and IEO don't actually made any provisions for the protection of investors interest which makes them not reliable. Bad actors will always take advantage of such non accountable system because it does not force them to be accountable.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Altcoinrusher on May 04, 2019, 08:22:46 PM
Not everything is as bad as you described here. A lot of ICO projects are developing thanks to the funds raised and are very useful for people. One cannot blame these projects for the fact that Bitcoin fell in price all last year, after which it was in a state of stagnation and kept other types of cryptocurrencies, preventing them from further price growth.
Of course, due to the fact that everyone can join and start their own ICO, and they collect huge sums of money, the scammers took advantage of this. However, it is enough that the states begin to regulate this type of activity, checking the team, and fraud in ICO projects will disappear. I think that soon we will see, finally, such regulation.

Indeed, we cannot stereotype every project doing an ICO as scam, rather we should try to understand important details and factors for every project and make an assessment if its a scam or not and act on it accordingly.


Title: Re: Fundraising scam ,the way I see new projects
Post by: jessyj48 on May 05, 2019, 06:35:21 AM
Then don't bother investing in any ICO or IEO projects all you have to keep doing is promoting and hunting since this doesn't requires any fund what you will lose is time


Title: Re: Fundraising scam ,the way I see new projects
Post by: airdropan on May 05, 2019, 04:40:02 PM
thats why you need to double check on what coin/token that you wanna to invest
that your money all the risk should be blame on you when you get scam, never do invest unless you can take all the risk


Title: Re: Fundraising scam ,the way I see new projects
Post by: 2Kool4Skewl on May 05, 2019, 04:43:36 PM
I would not say that all ICO projects are rubbish.  There are also good projects but their units in which they really invest and you can learn some profit.  But they need to look very carefully.


Title: Re: Fundraising scam ,the way I see new projects
Post by: The Cryptovator on May 05, 2019, 04:49:18 PM
Actually fund raising was most popular way to business on crypto world. On the other hand fund raising is the most common way to scam peoples. At the beginning most of projects was successful, but nowadays almost projects turning into scam. I don't think much peoples are investing currently except grredy peoples. IEO also becoming failure now. So its very difficult to invest on ICO or IEO. I can't trust any ICO with my fund now. 


Title: Re: Fundraising scam ,the way I see new projects
Post by: blokklanc on May 05, 2019, 11:57:10 PM
Funds are needed for smooth development  of the project. Of course, it is possible  that some projects
are active without fund raising, I also know many of them from the airdrop era.
We have to find solutionto avoid scam projects rather then avoid investing.


Title: Re: Fundraising scam ,the way I see new projects
Post by: upsidedown75 on May 06, 2019, 06:53:08 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
Of course the investors would always be the victim of these ICO scam and bad projects; this is why we are gradually losing the interest of investors on fundraising projects which is not too good for the economy, although we have other means of fund raising such as IPO and STO.

Those coins with no ICO and premine, what is the guaranteed that they too are completely safe because it is still all about fundraising too, so I don’t see any way they are better than those that went through ICO. Well, the matter is in our hand to solve, hunters really need to assist these investors because they are the ones promoting these projects to them without verifying it properly.


Title: Re: Fundraising scam ,the way I see new projects
Post by: uneng on May 06, 2019, 07:02:16 PM
I would not say that all ICO projects are rubbish.  There are also good projects but their units in which they really invest and you can learn some profit.  But they need to look very carefully.

Most projects are a clear failure. In this crypto space most investments are traps, if you look carefully you will see these scam projects are happening repetitively with different names.
Besides developers, these projects are only good for promoters who earn few dollars sharing ads on social medias and crypto forums.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Denongels on May 06, 2019, 07:02:26 PM
I agreed a little because this proved to be a lot of crowdfunding projects, especially those that received hundreds of millions of dollars, but now the result is just a loss, but indeed projects that use crowdfunding at the beginning are profitable but afterwards only losses, losses, and ends with scams (some projects aren't like this)


Title: Re: Fundraising scam ,the way I see new projects
Post by: Ridwan Fauzi on May 06, 2019, 07:32:36 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
For me, every investment has a risk comparable to what we will get later. I think everyone will think and do research before actually doing it, not all ICOs or IEOs harm investors and even provide profits up to 300%, this is which makes perfect sense to me.
OP only a part form a victim that has scammed by ICO project. But he just make a conclusion by himself without know the other projects. I'm sure although 2018 is the year where many ICOs come to an end with scammed lots of investors but there are still some projects that gave lots of profit for investors.

When choosing an ICO is all about an experience IMO, indeed there are many projects that seems like will have a potential if we see from its whitepaper and this thing which make some investors being cheated.

They forgot to see the teams which is behind the project, whilst the team factor is the most important thing that must be seen first by investors. Maybe It will be good if there is investor who got a huge profit from the project ICO give an explain here to enlighten the views of the OP towards the ICO project.


Title: Re: Fundraising scam ,the way I see new projects
Post by: beehimneff on May 06, 2019, 07:41:34 PM
I fully agree with the author, investing in ICO and IEO is very risky and often a loss-making idea. But sometimes there are promising and successful ICO projects, but to guess such a project is like winning the lottery, it is very difficult.  ;D


Title: Re: Fundraising scam ,the way I see new projects
Post by: rizkyhiw on May 06, 2019, 08:15:00 PM
Whatever is currently at your own risk if you cannot manage all the money that you have properly and securely, cryptocurrency is very risky for people who are very layman with fraud or whatever, yes it really isn't recommended for them those who are not strong with it all before entering further it would be better to take steps in terms of knowledge and explore any analysis related to the current ICO or IEO sensations to be able to keep up with crypto, don't forget to understand the basic concepts of cryptocurrency reset.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Cryptrx on May 06, 2019, 08:43:17 PM
I think new projects should approach VCs for funds if they truly believe in their project. Investors should learn to stay away from the current crop of ICO, they don't offer anything new.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Docbee on May 06, 2019, 08:47:33 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
you are right, majority of ico are not entering into space to add value to what has been done already but to raise fund with a useless whitepaper without product to show the worst part is that after successfully raising money tiny part of the raised fund won't be use for any development yet for their own personal expenses.


Title: Re: Fundraising scam ,the way I see new projects
Post by: JPSelzer on May 06, 2019, 10:27:28 PM
I have recently, too, do not attach much importance to the amount of funds raised by the project. This is completely unnecessary information. It is better to pay attention to the product of the team and its usefulness to society.


Title: Re: Fundraising scam ,the way I see new projects
Post by: bakulgarem on May 06, 2019, 11:33:24 PM
scam projects and projects that do not exist in the real world should be stopped because this caused a lot of losses to investors especially and also bounty hunters, they had taken the trouble to follow and raise their projects but the results were not what they imagined.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Snaic on May 09, 2019, 02:01:20 PM
It's just people blindly investing into these scam and not doing a extensive research about the project and it ended up back firing them in the end, ico's now are just cash grab for people behind the project and i don't think there are developers behind the project at all, all we need to do is stop feeding scammers money.
No matter how extensive our research is, we are not able to find complete information about the project and its team. Most likely, the information we receive will be from the same ICO team, about which we collect information, or written by others on their order. We do not have the capabilities of law enforcement, and therefore our verification will in any case be incomplete and one-sided.
In order to eliminate fraud among ICO projects, it is necessary that it is carried out by the relevant state authorities of each state at the place of registration of ICO projects.


Title: Re: Fundraising scam ,the way I see new projects
Post by: hongus on May 09, 2019, 02:49:14 PM
Yes of course. Projects with finished products are most interesting to us as investors. All other fees are more like cheating. It is time to enter the sale after the finished product. And so let them seek investment from the outside.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Reid on May 09, 2019, 02:56:13 PM
Well then, nothing will stop you from that decision.

It can be a good one or not.
Investors risk their money. Again, "risk".
When bitcoin was launched it was also a risk for many people to buy it or even just mine it. It was not fun to see a high amount once your electric bills comes in your mailbox.

If you think you are safe by that, so be it. It will always be a decision individually.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Eraldo Coil on May 09, 2019, 03:04:03 PM
If you can't stand the risk, don't invest in a fundraising project, it's better to play safe in a campaign that has potential, although it doesn't guarantee success, but financially you have nothing to lose.
I don't think that's the problem. because all investments must have risks and I'm sure he understands that. but the problem is that now developers see investors like a pile of money. they don't seem to care, if the price of the coin falls. when they want to find funds they do everything they can to make investors interested and some even make lies. but after that they were almost the same as scammers.


I find this true. I've joined a lot of projects where the people who invested kept on crying on how are they going to get their money back with a better value. Like they really didn't care about the risk you took on their project. And some of them were really promising projects but the coins kept on falling due to the lack of effort from the team.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Dobolen on May 09, 2019, 03:13:30 PM
I am also concerned about many failed ICO projects. Even a lot of investor money is taken and of course, this adds to the suffering of investors. If you decide to no longer invest in fundraising, I think you can invest in the top 10 coins. I think it will be safer and can give you an advantage.


Title: Re: Fundraising scam ,the way I see new projects
Post by: jessyj48 on May 09, 2019, 03:31:52 PM
I guess you are a full time bounty hunter so why need to invest in ICO projects or any fundraising projects when you can just keep hunting for rewards


Title: Re: Fundraising scam ,the way I see new projects
Post by: Wittny on May 09, 2019, 11:22:17 PM
Scammers are really doing the damage in cryptocurrency currently. Most of the new projects are actually not a legit project but project established by scammers to scam people.


Title: Re: Fundraising scam ,the way I see new projects
Post by: sandra_x on May 09, 2019, 11:33:54 PM
The goal really for a lot of projects these days is simply to raise funds,that is why we are having a lot of shot coins in the market or even project teams dumping their own coins  on the market as soon as they get the chance.we need some sort of process to clean the space.


Title: Re: Fundraising scam ,the way I see new projects
Post by: upsidedown75 on May 10, 2019, 12:55:38 PM
Not at all projects that make fundraising are scams because their are still projects that do fundraising and they benefited the investors amd the promoters of the project.Like this project this will soon make a good investment and make people will be benefited by this project you can join and make investments here http://Www.heluss.com.
And then, what assurance do we also get that you are not just saying this because of the project you are promoting? In this market, we are so confused that we don’t know which is which again.

If your sentence is a genuine one from your hearth, I think I also agree that we still have some projects that can be trusted in the market, though some of them never had the intention of ever scamming investors, but they just get tired during the project and close up too like scammers. I have advised many people several times to keep researching till I started questioning myself too, that what way do we expect the research to take that we have not taken.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Mcmich on May 11, 2019, 07:38:52 PM
The fundraising scam has dominated the crypto space so well that it's now taken as a normal thing. My question is, why will a group of individuals come together to start up a project knowing they do not have funds. Investors are really the victims.


Title: Re: Fundraising scam ,the way I see new projects
Post by: ryan992 on May 11, 2019, 08:05:20 PM
crypto world is risky world, if you dont want take the risk, never do a investment. Before you do investment, research first about the project. Back agaiin crypto world never give you guarantee about all project must be success, DWYOR.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Maamejane on May 11, 2019, 08:09:02 PM
Many people are just fed up with the current trend ICO's are taking, they just take people monies and always tend to be scam. Now people are not wiling to invest even if the project is legit. Lets just shine our eyes to decipher good from bad and we will just make it big.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Anonylz on May 11, 2019, 08:39:19 PM
ICO or IEO are suppose to be a kind of support for startups, but unfortunately many so-called project owners or dev are taking advantage of it to scam investors who try to support their ideas genuinely, too bad the many project lucking around has overshadow the honest and genuine one's, i don't think it is a bad idea to support a potential project  for the project to conduct  fund raising for their project, but what is wrong is bad people have taken advantage of this which makes it very risky now.
don't generalize base on what you have sen because there are still good ones.


Title: Re: Fundraising scam ,the way I see new projects
Post by: laskybok on May 11, 2019, 10:20:12 PM
So many crypto enthusiasts have now resorted into trading, not just because there are no other alternatives, but also that it seems to be the most lucrative and safest, despite the risked involved.
Not all projects perform outstandingly and the reason is not far fetched from the fact that, they have nothing to offer.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Apened on May 11, 2019, 11:21:38 PM
crypto world is risky world, if you dont want take the risk, never do a investment. Before you do investment, research first about the project. Back agaiin crypto world never give you guarantee about all project must be success, DWYOR.
Yes i agree, everything here is at risk the price the ico, ipo, ito, sto and even this new kind of fundraising we have no claims if any of them disappear in just a snap. It's not the way we can say its all scam. In fact there's a good opportunity to grab in some of it that may give a quick and big profitable investment after a few days or months.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Cuk0ng_bitc0in on May 11, 2019, 11:29:52 PM
Fundrising is now unsafe, ineffective and not promising.  the results of fundraising always harm investors.  including the bounty hunter.  I thought.  IEO is a good way to fundrising.  at least we can be safe after the coin registers the IEO on the exchange.


Title: Re: Fundraising scam ,the way I see new projects
Post by: khiholangkang on May 12, 2019, 02:43:36 AM
Fundrising is now unsafe, ineffective and not promising.  the results of fundraising always harm investors.  including the bounty hunter.  I thought.  IEO is a good way to fundrising.  at least we can be safe after the coin registers the IEO on the exchange.
Fundraising is not safe and IEO is safe ? but what is the difference between Fundraising and IEO I think they are both raising funds, and there are no guarantees too after the trade starts the price will be good


Title: Re: Fundraising scam ,the way I see new projects
Post by: inanilujimi on May 12, 2019, 03:07:11 AM
if you want to do more research in fundraising, not all of them end in fraud, there are also many projects that are successful from the IEO or ICO, which clearly every big risk will produce big profits.


Title: Re: Fundraising scam ,the way I see new projects
Post by: bellaayu on May 12, 2019, 03:12:33 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

If you decide to no longer invest in ICO or IEO because it is no longer profitable. But you can invest in the top 20 Coinmarketcap coins. These coins, in my opinion, are safer and more profitable. Indeed, there are many fake projects and they run with investor money. But if one day you are again interested in investing in a project, you must be more careful and do research.


Title: Re: Fundraising scam ,the way I see new projects
Post by: SistaFista on May 12, 2019, 03:35:33 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

Did you investing on wrong projects ? There are many failed projects in ICO indeed.
But how about IEO ? Do you think IEO is only a scam fund rising ?
Investors will prefer to investing in IEO because it is held by a reliable platform such exchange.


Title: Re: Fundraising scam ,the way I see new projects
Post by: mrdeposit on May 12, 2019, 09:56:01 PM
Even though I can not prove it, I think it is a new way of scamming. Because I do not understand how projects of unknown origin collect millions of dollars. Anyway, after it is listed everything comes up.


Title: Re: Fundraising scam ,the way I see new projects
Post by: MUG1WARA on May 13, 2019, 08:29:16 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

Did you investing on wrong projects ? There are many failed projects in ICO indeed.
But how about IEO ? Do you think IEO is only a scam fund rising ?
Investors will prefer to investing in IEO because it is held by a reliable platform such exchange.

It seems like he has invested a lot in scam projects and lost a lot of money which makes him frustrated and for the IEO I agree with you very much, IEO is much safer than ICO


Title: Re: Fundraising scam ,the way I see new projects
Post by: MonsterV on May 13, 2019, 08:38:33 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

Did you investing on wrong projects ? There are many failed projects in ICO indeed.
But how about IEO ? Do you think IEO is only a scam fund rising ?
Investors will prefer to investing in IEO because it is held by a reliable platform such exchange.

It seems like he has invested a lot in scam projects and lost a lot of money which makes him frustrated and for the IEO I agree with you very much, IEO is much safer than ICO

The IEO also does not guarantee bro, a few weeks ago many investors complained about investing in the IEO, when the IEO ended and was listed on the stock exchange. most of the fate of the IEO project is not much different from ICO.

Just look at this thread https://bitcointalk.org/index.php?topic=5139787.0, even the IEO project from Bittrex has still not been able to make investors satisfied.

Most developers only do fundraising to make their own wealth, they don't really develop their projects seriously. The IEO and ICO are just their cover.


Title: Re: Fundraising scam ,the way I see new projects
Post by: HouseStark on May 13, 2019, 08:41:33 AM
Hehee...fact is that, we were in a bubble and since many of us haven't experienced bubbles before, we bought the hype. Don't blame yourself too much. Who knows, maybe good projects shall come later


Title: Re: Fundraising scam ,the way I see new projects
Post by: nicster551 on May 13, 2019, 08:44:20 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
If you really dont want fundraising in any projects then forget about them. Yes that is true, you can support no ICO and no Premine projects but almost all of their developments are very slow because they dont have proper funds for the development. However there are some No Premine and No ICO that I like very much but there are very few of them.


Title: Re: Fundraising scam ,the way I see new projects
Post by: ziggy21 on May 13, 2019, 08:54:02 AM
On the off chance that you dont put stock in new ventures and feeling that ufundraising in digital currency is a trick at that point go to a confided in undertaking that has definitely known by people,Go to yanu.io and influence speculations they to complete another method for raising support yet not change tha points of the task and they are dealing with financial specialists and laborers on their task.


Title: Re: Fundraising scam ,the way I see new projects
Post by: sjbi on May 13, 2019, 08:59:07 AM
You are right. They are the investors ultimately who are at higher risks of loss. But it also equally involves a great deal of opportunity for them to get good returns on their investment. No risks, no gains. How knows which project rises vertically in price? After all, they are not only investors, project developers also waste their time and some amount of funds if their projects fail.


Title: Re: Fundraising scam ,the way I see new projects
Post by: lyks15 on May 13, 2019, 10:17:58 AM
Very well said dude. It is so risky to invest and give your trust in fundraising project. If you see and if you read about the fundraising project this is very convincing but don't believe. Remember that you are investing money so be careful and make some research before investing in every project that you want to joined.


Title: Re: Fundraising scam ,the way I see new projects
Post by: shadowduck on May 13, 2019, 10:42:46 AM
Very well said dude. It is so risky to invest and give your trust in fundraising project. If you see and if you read about the fundraising project this is very convincing but don't believe. Remember that you are investing money so be careful and make some research before investing in every project that you want to joined.
such studies can even be trusted to the professionals and if people want to invest tens of thousands of dollars, then they could pay a thousand dollars for competent research of the project.


Title: Re: Fundraising scam ,the way I see new projects
Post by: BitcoinHodler on May 13, 2019, 10:50:53 AM
you are starting to make sense of the market now! and hopefully more people become like you and see past all the attractive advertisement of ICOs and stop throwing their money away at these scams. in fact there is no reason any of them would ask for money since they are not doing anything, solving no problems and not delivering any products.
any good project has always been completely decentralized, with no premine and no fund raising. you can always compare a new project with bitcoin to see how bad they are!


Title: Re: Fundraising scam ,the way I see new projects
Post by: oemar bakrie on May 13, 2019, 10:59:19 AM
Do everything in particular to seek profits in a way that is not wise,We bounty hunters will only lose time for a project that eventually deceives.
For now, be more careful for investors who want to join any project..


Title: Re: Fundraising scam ,the way I see new projects
Post by: kaya11 on May 13, 2019, 11:04:58 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

Not only new, even old ones, until now those project developers are nowhere to be seen and found, they are the real bubble, gone in an instant with all the money of the investors. I have a token worth 1k USD plus last year and now it is just a penny's worth. The only way to get back some of the lose for now is to buy directly BTC or ETH.


Title: Re: Fundraising scam ,the way I see new projects
Post by: webtricks on May 13, 2019, 11:12:32 AM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

I am no fan of the concept of crypto fundraising. I don't understand why the team need to sell coins when they reserve the healthy chunk of total supply for their own use. Rather if they actually require funds to start a project, better raise directly from investors and VCs in exchange of ownership in project. In that way, team will get the required kick-start for its project without compromising value of the coin.

However, I want to know what is the best way to distribute coin supply among people without conducting ICO? I am amidst of starting my own project and have made ETH-based tokens to be used internally on platform. Any suggestions?


Title: Re: Fundraising scam ,the way I see new projects
Post by: novusordo on May 13, 2019, 11:34:16 AM
We investors are truly the ones in total risk and I have decided that since theres no legitimate body like SEC to oversee the fund raising events of an ICO platform, I will never invest in ICOs again expect the team is highly credible


Title: Re: Fundraising scam ,the way I see new projects
Post by: valuater on May 30, 2019, 02:44:13 PM
for fundraising projects indeed some of them are scams, but I am still sure there are also those who are not only for the time being fundraising they only use for money, but do not prioritize their projects, and of course some have proven to be purely a scam because the funds obtained are used for the benefit of their team there are even those who buy luxury goods with fundraising money, if for investment or choosing crypto to be traded, it is better to choose a cryptocurrency that does not do this kind of thing might be safer.


Title: Re: Fundraising scam ,the way I see new projects
Post by: Yudhisthir on May 30, 2019, 02:49:12 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

You are correct. I too look every new ICO announcement as a scam in making.
It just takes some web developers and whitepaper writer to start an ICO. I don't believe in any of these nonsense unless I'm able to test the real product.
If someone has a real working product, I can give it a look. If someone is legally registered and has contract to provide dividend to the user, I may consider it but I'm never going to fall for blind promises.


Title: Re: Fundraising scam ,the way I see new projects
Post by: blackhawkeye1912 on May 30, 2019, 02:49:35 PM
If you have been here in cryprtocurrency community for quite some time already, for sure you know that majority of the projects do not have good chance of surviving the market. What is hurting the most is that some projects are scams and frauds. Last year's bearish market made that clear to most of the project investors. It's now for the investors to learned their lessons.


Title: Re: Fundraising scam ,the way I see new projects
Post by: coin-investor on May 30, 2019, 02:53:03 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

You are right I stopped investing my time and money on ICO total waste of time and people should realize this, there's no money to profit in ICO anymore and even if there are, you will have to wait for 5 months  to a year before you can see a profit, that is if your coin perform better in the market, but most of the time it's not performing.


Title: Re: Fundraising scam ,the way I see new projects
Post by: suryapro on May 30, 2019, 03:07:07 PM
Do you invest in this 100 coins ?? if yes, maybe in the future you should be more careful about the ICO. because not all projects that have good concepts are successful in the ICO. sometimes they get the concept of stealing other project concepts. and the aim is to trap investors and buyers to invest in the ICO held. so in essence, if you want to invest again please buy coins that have already been registered in exchange only.


Title: Re: Fundraising scam ,the way I see new projects
Post by: sakuragi21 on May 31, 2019, 02:13:00 PM
If you think all new projects are scams then you are wrong there are many new projects that wen can invest that really profitable depends on the quality of the project of the project has no quality product then dont make investments on them and look for good projects to invest like Dencoin it has a good product that we may used the tokens we but from then if you want more details visit this project Dencoin tokens.


Title: Re: Fundraising scam ,the way I see new projects
Post by: fortunecrypto on May 31, 2019, 02:21:42 PM
Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising

Bounty hunters and investors are now realizing it now, that it's not profitable or worth investing in ICO some bounty hunters are now picking campaign whose coins are already in the market, some of them are transferring to gambling sites with signature promotion.


Title: Re: Fundraising scam ,the way I see new projects
Post by: OptimusPrime_3 on May 31, 2019, 02:24:40 PM
The way you see it and the way many other see is entirely different. And I don't know how you want the fundraising to look like or maybe you just want the entire scheme to end? Well basically if they stop, you will stop doing bounties or the rate will decrease so much that you will make new posts to ask why there're no more new projects.


Title: Re: Fundraising scam ,the way I see new projects
Post by: selectaselectine on May 31, 2019, 02:41:19 PM
HYDRO still kicking on the market even without ICO and just an aidrop a year ago. Currently at 300+ ranking on marketcap but still it has a potential rather than ICO coins that are just full of promises and planned delays just to make an alibi when people asking how far the project already go but in reality they are already gone after ICO.