Bitcoin Forum

If you get tokens on ICO, that means the ICO project has already worked ? Or you can still get tokens from failed projects ?

Unfortunately, even SCAM projects have the ability to send out their tokens. Received tokens are far from an indicator of the performance of the entire platform. Be careful.

ICO stands for "Initial Coin Offering".
these coins or tokens are sold in order to fund the project and they are
offered at a "cheap" rate in order to reward "early investors".

When the ICO is over the project may take another 12 months and more
until it goes live on an exchange or for a working product to materialise.

its easy for scammers to hand out useless tokens in an ICO in order to
get useful coins like Bitcoin or Ethereum.

Be careful!

all coin have risk
include ETH and bitcoin, not only token from ico project
you buy ETH or bitcoin still get potential lost or profit same

We have a rather good and fresh example how it works - check destiny of Envion project (https://coinmarketcap.com/currencies/envion/). Nice idea, epic marketing, and more than 50 million dollars collected. And now it is going to hell!

It doesn't work that way. Based on my small research back then, they say that tokens are easy to create and scams are everywhere. It's easy to create a token with an intent to scam.

Even failed projects you can still pass the tokens.

You need to be careful about the possibility that tokens are scam. research should be done before investing in projects. teams and supporters are of great importance.

You have join cryptocurrency, i think it a way to betting you money, all investor in life will be risk. Once you've deposited your bank, it can also potentially cost you money, in case your bank goes bankrupt or your account is stolen.

Almost all ICO failed at the end or it's token price dumped at marcetplace from 1$ to a few cents. That is trend nowdays, according to my experience. That's the reason to invest in only top coins.  

everyone can create their own token , but this doesn't mean the token is worked mate
sometimes, the tokens without any development will make the token died and become scam or failed

I think we need to apply the basic rules of investment like 'never put all your eggs in the same basket' and 'never invest more than you can afford to loose'
These two basic rules must be considered by each individual investor before he/she invests in a certain coin/token or asset.

I think everything depends on the situation. There are different projects and different situations. But participating in ICO is a high risk and you need to participate only in proven projects

Failure of tokens might be classified into different matter. Failed where tokens didn't hit up on exchangers or simply means it doesn't have any value. Next one would be , failed ones where the coins did able to hit exchanges but it end up on dumping into its death due to lack or absence of updates towards the project or just the dev just ran out the money and didn't tend to proceed on what he had promised into its investors when it was just starting up.

Unfortunately, you can get tokens from a scam project. Getting tokens from ICOs do not denote their success and do not also guarantee earnings from the project. They are called shit coins.

Not just a token that has a risk, all coins also have risks. Many failed ico projects that resulted in token prices after ico fell drastically, even well below the price of the coin ico. Did not rule out there is also a token that deliberately created for fraudulent purposes. But there are many projects that really give big advantage. Because of so many risks, it must be more selective again in the selection of projects for investment.

if you get token in your wallet from project that doesn't signifying the project is good , i have many token in my wallet which can't be turn to money for me , they just comecome to deceive people... fail project give out token

Of course you can, maybe project will not be dead already, but you can get tokens that will cost nothing in near future, or something.

Even a 5 years old project can still tank - because the members decided to prolong the scam to maximize profits or any other reason that might make the project to fail. You should understand you are investing in a business idea - and 7 out of 10 business fail in 10 years. Bitconnect is a good example of a failed top 10 project that is more than a year old with a working product.

Even if the ICO were not successful they send you payments with a form of tokens,they can make another public sale after the presale,they can raised funds on that way.Theres always a possibility that even if ICOs were not successful they can send tokens to bounty hunters as the reward.If developers were dedicated in their job,they will let their projects grow and possibilities would be list in some exchangers.

I dont actually know, but I have heard that there are tokens, that will never actually became trading somewhere, besides an ICO

This does not give any assurance that the project is not a scam!
It is possible that they will then disappear, maybe in a couple of months, maybe earlier, maybe later ...

There are allways risks, specially with tokens, because making a token is even eazyer than to have whole blockchain... very popular with scammers i think, just look Usdt...

Scam ICOs also have the token to give their victims but that token doesn't have a value at all, most of that token came from the airdrops, their are also ICOs that has a value at first and their token is in exchange site but then later down.

Basically token means an asset, failed can create its own smartcontract through the ethereum network. You can still get the token from failed project but it has no value compared to the successful project.
Some times there is an undervalued token from failed project can worth a lot because it was starting the development process.

There are many scam ICOs that distribute the tokens on time without any delay. Because there are no project and there in no need to spend time on projects development. Token distribution is the only thing they can do and they distribute that valueless tokens easily.

You get tokens by either buying with your money during the ICO sales or you get it by participating in the airdrops or bounties. Whichever way, getting the tokens in your wallet is not a guarantee that the project is a success or already worked. It can still turn out to be a failed or abandoned project later.

Yes you can still get tokens even though that project was a scam, actually I experienced that right now but I waited only exactly 2 months now, in my on opinion that project was already a scam but I'm still hoping that was not a scam anyway they still keep on promising to us that soon they will put a value in a tokens.

Maybe you will still get it through the ICO it fails or a scam. However, the result is beyond estimate. when it was entered in crypto, all the stuff that is in here is full of risk. fluctuations, scam, ICO failed already a daily food and should be skipped. certainly not a new thing but reversed it risky that there is great potential behind them.

It makes a lot of sense to invest in a virtual money market. As a risk, if there are not many sales to the market, it will lose value. You need to invest in an unborn money and wait.

ICOs or Initial Coin Offerings are similar to what are IPOs or Initial Public Offerings for the stock market but way less under control or regulated.

Both are trying to do the same thing - gather funds for their idea or product to be put into practice. This does not mean that idea/product will succeed of course, it's more like a gamble than anything else.

You need to make sure you're investing in the correct one by researching about the idea/product and making sure it has some percentage of success that you're comfortable with.

usually a failed project will not give rewards to the bounty hunter.
the person receiving the reward comes from a successful project

People do ico at the begining of their projects so the project can't fail during the ico, if there is a problem related to project like tezos, you may do nothing with your coins for a while.

No, any token is highly risky, obviously ICOs are the riskiest possible, it's still possible to find some good ones though.

Of course the risk is also after receiving tokens. It only beginning. If the project doesn't work, the team won't do anything and there will be bad news, then the price of a token will sharply depart down. Watch news!

There's still a chance that the project will fail through time even after ICO. One of the reason is that the lack of support coming from the community or the team behind the project sucks that the project can't progress. So in choosing an ICO to support be sure to check for that factors, anyway I suggest to research about menlo.one its an ICO that currently I'm supporting.

There are tokens that are distributed from failed projects. They are no longer working with the said project but they had given the tokens to the addresses that participated them.
But as said that they are failed and no longer pursuing their plans that token will be a decoy and display to your wallet. No way to use, spend or sell it.
Because it will never get listed to an exchange.

Yes, I agree. There are actually coins that are giving their bounty tokens but are not that successful since most of it were not in the exchange sites. However, there are some tokens that are already on the exchange sites but the trading seems to be slow moving.

More scams are continuing to send their tokens we cannot detected them at that part they are running their platform trough but afterwards no more updates they left's the group and not responding for their communities. . Token risk for the scam project.

It depends if the project hits soft cap or not. I assume that if the ICO has failed, you will get a refund and no tokens however there is no rule that says they can't just keep your money and issue you worthless tokens anyway. Check the telegram group if you are unsure, as most projects have up to date info in the groups

I think it's only safe when that token listed on exchange. It mean that the project success and aren't SCAM project. And after that you can hold or sell immediately.

I think getting a token does not guarantee that you will get paid from that campaign. Because if the token is not traded or exchanged on any exchange, it becomes worthless. So many projects send their tokens away but it's not worth it

A token is as good as the promise of the owners, and unfortunately that is not much these days. Always consider that the teams change direction as they see fit.

i don't have experience enrolling failed ICO projects or being an investors from ICO failed but if ICO lack of interest and failure i think depend on the term and Policy of those ICO projects that some of them might be still send the tokens to their investors but some of them might be will not send the tokens and refund money investors

Many token comes from ico does not means the projects work it already. Their are situations that even they give some rewards it will become useless or not valuable it can also dump token, or may be scams. In the good reason that we recognize a good token when it will listed on trading  and succeed the project.

No reward comes without a risk of course, there is a clear intention of assuming risk when you come into cryptocurrencies that you won´t have terror of heights.

If you are doing bounty program, there are 2 main options at the end of it:

1. The ICO is done, you will get your tokens within a short time.

2: It is a scam project and the people behind that will steal the invested money..There won't be any tokens, profit.

Even though if the project wasn't a scam one, your tokens can loose their value. Because the ICO isn't equal to the success of the company behind the ICO.
It can fall after the ICO, but it can be profitable too.. its almost 50-50% . It depends on the managers behind the ICO, on the idea, on the investors etc..

So if you are not sure about the future of the ICO, sell your tokens.

It's different situation if there are coins that are already on the exchanges and if their volume isn't that much it only means that coin isn't so popular. They succeed by listing their token on exchange but to get more traders stay with their token is quite hard for them. So there are two types of failures.
1. Fail to accomplish soft cap and hard cap.
2. Fail to increase the volume of that token on exchanges which leads it to 0 volume which considers also a dead coin.

ICO projects can literally fail at any point. I mean there are times when we could say surely that if we have gotten the coins then we are actually on the verge of success. But with the recent ICO scams it is explored that ICO's can scam us at any point like when they get listed over an exchanger and they start to dump the coins that they are holding and leading to the dumped market. They take the money and shut the project after that. Thus it is not guarantee that we are hitting the successful ICO here but it is just one step forward that we are on to something.

If you have already obtained ico tokens, then at the last moment, many rubbish items are often sold in a short period of time after the money is sent, resulting in a sharp drop in prices. And now ico is a currency issue, but no one will manage it later, but it is a loss.

It does not always end up with them closing a project. Sometimes they continue on with it with their false promises and while people still support them, they continue on operating even when it is nothing but a cheap shit token. I actually don't like the idea that there are so many people and many investors that are willing to run and support ICOs. I mean, there must be some other way to raise fund  ICO is too risky and I'm afraid that the bounty they offer and the participants only support their scams.

We can get token from ico project bu we have looking for how much their token on ico price, will be our opportunity to sell or hold it. We have know how much their ico price still highest or lower, if price more higher than ico price we can sell our token from ico, but if the same with ico price you prefer to sell it because maybe their ico was scam and price will be down and hard to reached on highest price.

This is good to keep in mind. When investing in an ICO you are funding a new business. Even if they have the best of intentions with the project and everything seems legitimate, there are many factors that will decide if it fails or succeeds. Even the time it takes to complete a working platform, the business environment may have completely changed in an unforeseen way. All ICOs are risky...only invest what you can afford to lose.

From which I experienced the ICO project run from a long time interval when the distribution of tokens for investors, you can see every roadmap created by the developer. when I get a token either from bounty or as an investor means the project is still in the raw stage, because as I said above a project takes a long time to run and we also still do not know if this project failed.

Both. If you get tokens from failed ICO projects, there are possibilities that you can't sell it because they cannot put it in the exchange site. But if you can get a tokens on successful ICO projects it's a good opportunity to earn triple of your investment.  All investment is risky. It's up to you on how you will deal with it.

Yes, I get a lot of tokens of airdrop campaigns, but sometimes those ICO projects are a scam that the tokens that I get are not worth in myetherwallet.

I agree because I have seen a lot of videos on youtube on how to create token instructions on myetherwallet. Maybe because of these videos that now there are too many ICO projects scam

I do not think bitcoin and ETH are risky. They are only risky when prices fall, but these coins are always safe in the crypto world. So the value of bitcoin and ETH is very large

The risk in keeping your token from your investment  is that the value of your token might halved and that is the normal business risk! Business terrain is tough and this reality apply to cryptocurrency as well. If you hold your token to maturity however, you will definitely make profit at the end!

Sometimes the projects after being listed on the exchanges also imply a lot of risks. Like bitconnect and regalcoin. That's two coins listed on coinexchange. And currently, these two projects are scam

 There are different projects and different situations. But participating in ICO is a high risk and you need to participate only in proven projects with mvps or mainnet ready.

That is why we need to carefully study the new ICO projects. There are many people who create fake token projects and to fool the investors. after these projects are finished, and we will never see these tokens listed on the exchange

The presence of tokens on the wallet is just numbers, as long as the project is not traded on the exchange. Adding tokens to the exchange costs money and the team must agree on this in advance. This largely depends on the project fees during the ICO.

They do it to fool people's thoughts. Most people will think these projects are reputable and safe, then we will invite friends and relatives to join in these projects, but that's just the way they fool us.

I still get a token from some ico. But in the end it was scam. So the answer is no. Receiving tokens is not certain that the ico has come into operation.

There were tokens that were distributed but the team also run away with the money they received from the investors. This is somehow giving their investors some hope. Lately I have seen the thread BitCAD again, they send thier tokens to the investors but never have the team do anything except blog posts of updates. Some scam even list the token on centralize exchanges take ETHD for example.

ICO project is long time and short time project. So that is no mate. Project is important. So before invest choose the best ICO project. It good opportunity for future saving. Best project token price is day by day increase. ICO token is jackpat. So you get more profit. But before sell the token check the market price. Then sell it. People learn the more information from ICO project. It help to get the project work. Lean the project then easy to choose the best  project.

Any investment in any coin is already a risk and there is no difference whether you invest in an ICO or just buy a coin on the stock exchange. Be careful and study the coin before purchasing.

anybody can create tokens. what makes the tokens valuable is the utility they provide and unfortunately most tokens have zero utility.

The risk of the token is that they die and are not traded at reputable and quality trading locations. As I see many coins at the end of the ICO campaign, they can not survive anymore and fall apart.

Receiving token in your wallet does not always mean that a platform is working, I can easily create token and send to any address that doesn't mean that I have a working platform...ability to create token easily is one of the cons of the cryptoworld.

Unfortunately even not successful projects can display their tokens on the exchange, which then become unusable!

Just as the entire crypto space is volatile, same goes for everything that surrounds it. Tokens purchase;especially one gotten during an ICO has many uncertainties round even when the project record success. Who knows, it can definitely fail later if the sustainability plan isn't there for it to go all the way into the future we are all expecting for the entire blockchain technology.

I think there are also risky tokens but before you buy a token you should first check to not enjoy your money on buying a coin but not all tokens are risky with tokens also with potential and it can hold it's time to earn a lot of money so before joining the ico and buy check it first

Receiving tokens from ICO doesn't indicate that the project is legit. You should be careful at this point, wait for at-least the project launches publicly whatever they are offering in products or service, wait for good exchange listing to be sure it will sustain.

If you got token from the bounty it means maybe the ICO was successful to reach their goal or funds or maybe they only left few tokens not sold but it considered successful also. But if the ICO not successful they have big chances that you not get your token stake because maybe the founder did not pay participants. The bounty is depends also to the ICO.

You still can get token from failed ICO, actually the project success if that token can reach target price after that token listed on Exchange.

Yeah I've wondered this same thing as well. What determines a successful ICO? Did the platform/coin do what the project set out to do, or did the token/coin achieve a return for the investors? What's more important. I like to think the product should succeed but many people don't care...as long as they make a profit on their investment. This is the way of the world and open markets i guess.