Bitcoin Forum

Becareful, new ICO fundraising wannabe will rise from the deep now, I've seen DYCO and BRO so far but can we really trust these new fundraising projects? Don't take risks to find out, in time the truth will be revealed, don't rush in, I lost enough to IMO last year, I don't plan on taking such risk this year again....

We only have IEO that works presently but having more working fundraising projects or platforms isn't bad, in fact I hoped for more than IEO, remember how popular ICO was? It was better than IEO so yes I want something like that again, if there is no one to give a try there won't be any end results.

The best advice I can give people is not invest only what they can afford to lose, we can never tell which project wi work out fine or scam investors, not until we try, so investing only what you can afford to lose is the best solution

If it's an ICO, better check the potential and who are running the project you are investing at your own risk if it's ICO, if it's IEO then you need to check on what exchange they are going to run their IEO, the last thing these reputable exchanges is to have hosted scam projects hosting in their platform so you have a chance if it's an IEO.

Better stick to IEO, this is a weak point hoping for a new fundraising project, you will easily get scammed, many people are hoping for such just like yourself, don't get caught, scammers are still using this to scam people

I know that. DYCO is crap because it was trying to run fundraising through use the dex and m a little bit understand about BRO too.

I guess both have no strong fundamental like IEO that was getting supported by so many popular exchange sites. We can't trust it but we can see what will happen with both.

If the team are serious to get investors, they should go with the new trend now which is the IEO as it's what people will choose since ICO reputation is very bad already.

I doubt if investors would be interested even how good the project is as long as they read the word ICO, it seems like they are already allergic with it.

I will not participate in anything other than IEO. Like what you said, we are going to be all right with IEO so we don't need other alternatives. IMO is a scam, fortunately I didn't get involved in it

Just be mindful for every ICO that's coming to us. Most of them will offer nothing but the same concept and ideas that has been brought to us even before. They're after the money of their investors offering something good to the ears of new investors and aren't aware of the past incidents about ICOs. Be vigilant and observant for each project that you will join to advertise and participate in their bounties and also as an investor.

I don't know, it seems like some of them will become the next IMO, for IMO itself it's actually good, but i just confused why they don't do research on the project that they listed so that it makes a lot of investors rekt, I had time to buy one of the projects from imo (XRG) and now I feel like forgetting about this project because it seems like there's no hope

I don't think there are still investors will invest in ICO the ICO we have before is enough proof that there is not enough  good investment in crowd funding ,and only few project can survive in long term.
 Other just want to get money and make their own business by having many investors of fake ICO they will launch and collect money out of it.

IMO team pretend as if they have a reputation to protect, saying they make sure that listed projects on their platforms are real project but they have failed many investors, two projects that raised fund through their platform rekt investors already

I have no good reason to trust new fundraising projects, I've seen worse, I'm satisfied with what binance, huobi, Okex, kucoin and gate is offering IEO projects, at least they are progressive

Of course, a certain number of potential investors will always be wary of accepting new ICO companies, since several years ago these people were very badly burned due to fraudulent projects. but I believe that today the situation is slightly different, and there is the possibility of analyzing new projects as much as possible, Studying the findings of independent structures and companies that are aimed at securing the cryptocurrency market from fraud. In addition, one must take into account the fact that the legislation governing the conduct of ICOs varies greatly in each country. Therefore, each investor must select a project that has a jurisdiction that will meet the requirements of both the investor and the project itself.

Most will agree that only IEOs are the trustable way to raise funds now a days that too on reputed exchange platforms only, as you have posted about new ways to raise funds i think everyone is free to introduce or try their own ways but market will only accept them if they provide real solutions and the project is of high quality otherwise i fear new methods will not work.

You are right, the new solution must work better than IEO for investors to start trusting such fundraising platform, for now IEO works but it will be good if something better shows up

If you feel that you already lost enough money by trusting these new projects then you have to put an end to new crypto investments because chances of making profits from new project is less but the margin is high.

They're not rising from the deep, ICOs have always been around—they're just less abundant than they once were because everybody got rekt back in 2017/2018.

You can be fairly sure that any ICO that appears nowadays will either outright fail due to a lack of enthusiasm, or will perform extremely well as an outlier. There is no in between anymore because nobody wants to get burned if there isn't something spectacular on offer.

I'd recommend just staying away from ICOs unless investing as part of a crypto fund, since they're able to secure rates that retail investors simply can't compete with.

The rule is simple whether it is ico/ieo/sto/dyco/bro or anyother method to raise funds, just do your proper analysis and if it does not satisfy you completely then skip it, so basically it depends on the project itself method of fundraising also matters but if the project is good it can be worth to take the risk.

Another new methods of fundraising, I wonder what their concept will be such that they will try to get people to participate. From my own opinion, since the coming to the end of ICO era and then start of IEO, IEO has presented a better and less risky alternative such that once fundraising takes place on a reputable exchange, there is higher chances of success. For all these new aforementioned fundraising methods, we should be careful because they will hardly present anything new and if they are unique as claimed, then the crypto market and the community will decide.

If you are a new investor you don't have to invest in these new crowdfunding platforms, just go for those coins that have proven their reliability to make a profit for investors, only whales look for new crowdfunding platforms and invest in new coins.

I think that the ICO era has been over, but there is still.  ;D
Well, in this case, personally, I don't think much about the ICO projects. personally, I'm no longer interested in such kind of ICO fundraising. It is too risky for me to participate in that kind of fundraising, moreover for the projects with very great ideas and concepts but they don't ensure how the coins/tokens will be in exchanges or developing after the ICO. Never risk your money in that kind of fundraising. If you are really willing to put your money, better to put it in the top coins. But, if you want something challenging and seeing some potential projects, I think that finding in IEO is better, however, please note that IEo on some good exchanges with great concept and real use case products.

This is also what I think. If the team is r=serious enough to make a good project, they should be also ready with more funds, to build the projects, and to list them on good exchanges. Believe that more teams ensure their project and efforts, more investors will come. It is important to note that never put the profits and collecting much money at the beginning as the goal of a new project. It will never end well. Personally, if I am an investor, I'm no longer interested in the new ICO.

Yes, if they are truly serious in implementing their project, they will find another option to raise funds other than this ICO/IEO or whatever crowdsourcing they call it. They can tap private investors and pitch their project. If they have strong use case and will be a promising one in the market, I don't think they will let you down. Any crowdsourcing type related to ICO is being ignored now, so devs should wake up and find a new way of funding their project.

of course for IEO itself if running at non-reputable exchange may have potential to scamming investor, moreover that a new exchange services, as we can see now any new exchange are trying to launch IEO business without any investor are interet in their platform.

that's why choose trusted exchange is priority.

The good thing here is investors would know who really are the team behind the project as big exchanges are surely regulated and they would not accept a project for IEO without requiring the team to submit the necessary requirements and that include KYC, so in the event they'll scam, it's not only us who will go after with them but the exchange as well and since we know their identity, it would be easy for the authority to find these scammers.

I think because investing in a new kind of fundraising mode is very risky compared investing in the existing model which has been showing the reliability to be used by investors to generate the profit. Even whales will not interested in a new platform that doesn't give any guarantee like what already offered by the old model.

What do you mean by the old model?

As far as I understand, both IEO and ICO are platforms for crowd sale, and it was ICO which was first introduce and later the IEO came after ICO lost its popularity due to high rate of scam. Please enlighten me.

Are you sure going to still invest in ICO? You must consider it so carefully. Nowadays, ICO is no longer worthy. We can put our trust more in this kind of fundraising system. ICO is over and many are failed to make the ICO successful. Additionally, ICO commonly doesn't have any good plan to list their token on exchange as soon as possible after the ICO ends. Moreover, sometimes, the ICO process is extending because of not reaching the soft-cap and others. Well, this is not good enough to the new investors to choose ICO for investment.

Another problem is that when IEO is held at shitexchange, it is a trap and it will be very difficult to attract the attention of investors. Serious projects with large capital will think of a maximum strategy to give confidence to investors. ICO is actually not a bad choice as long as the project really can prove that they are truly legit and trusted. Well, anything can happen, even a project that looks convincing can end up being a scam, which is why, as you said, investors tend to be more interested in IEO held by trusted exchanges.

true, for beginners it's better to buy an existing coin than to invest in a new project because the risks are greater than buying an existing coin, it's rare for a successful project to give a lot of benefits now

The best thing to do right now is to just hold cash and not to invest into this new ICO's or you will regret it.

Right now, people are buying essentials rather than buying some tokens from new projects for fundraising and a possible scam attempt. Just don't invest into it this time and if you really want to invest into crypto, just choose Bitcoin and that's it unless you have time to research then that would be better.

It's not the only way for the beginner to get a good coin and as long as the crowdfunding was running in the trusted platforms and that's not a big problem. The problem was these are new platforms without good track history

I know a little about DYCO that is made by DAO Maker. Here we as investors benefit because we can ask for a refund at any time if we are not satisfied with their project.
And regarding BRO, I don't know who this was made of and how the system works.

In Dyco investors can ask for the refund but it's not 100%. In this case i can say the investors will get 80% refund and that means the total amounts that have already invested by investors will be reduced 20%.

That means this is better than ICO / IEO. Because at ICO / IEO we can't ask for the slightest refund.
But it seems like if that DYCO is less attractive to developers. Right ?

This is like the form of an offer, if you are interested and have studied it in detail related to the new ICO fundraising why not but if you are in doubt I suggest investing in a place that is familiar and trusted.

I can't blame you mate, it is the same with many other people right now, the trust for new fundraising projects has long gone, it was killed together with ico scams, so many people were at the brink of losing their lives because of their sad and bitter experience of ico and fundraising projects,
This is one major reason why exchange like binance are more preferred, the chances of losing money in binance launchpad is zero, same with other renowned exchanges like okex, kucoin, gate, houbi, (they are trusted exchange)
Any fundraising project now will really have to work had to raise funds, they will also need to be extremely convincing and trusted because it is no longer business as usual.

OP, a lot of them were failed ICOs and there main purpose is just to raised money and run. It's hard to find "deserved and successful" ICO projects nowadays. Entrusting your full trust on them isn't advisable,  regardless how good they are showing off the progress the sincerity and the heart of the project shall identify before doing some steps.

Since you had a bad experience before, DYOR and be wise choosing the right project to invest. Input your money to those good and deserving projects.

Dyco made from MakerDaO so do you think this would be a scam? The Bro process is from a new project tozex so this is likely a suspicious fundraising. I dont think MakerDao will play around creating a new system so maybe its better to risk and try if this will work out dont you think?

Failed ICOs are not overwhelming so they probably trying a system where mind set of investors will change through a new system. Good thing on IEO method are the ones on the major exchanges but dont risk on small and scam exchanges like vindax and p2pb2b markets.

If you have ever experienced with STO, and it looks like these new kind of token sale offering were having similar mechanism like ICO. I think IEO is much better than this new kind of fundraising. BRO is the same as ICO and it has not differences