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I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??

In 2017 the price of cryptos went high so ICO investment also become very popular and millions of money poured into new projects so whcih get attracts many scammers to do the same thing by creating fake site and fake team just because they also want to make that millions in easier way.

It seems to me that the majority of very bad people understand that today cryptocurrency is not a regulated part of our world where money rotates. Therefore, to talk today about the fact that cryptocurrencies have scam projects is necessary.

By the way, there was a lot of scam projects back in 2017 too I think the number of scam projects back in 2017 is much bigger compared to the year 2018. The only difference is that in 2017 the number of projects was huge compared with the number of projects in 2018 and that's why the light spot can easily be focused on any scam project in 2018, also not every project that distributes tokens is a legit project by default they can distribute their tokens and still scam and that was the case back in 2017 but in 2018 scam projects do not even distribute tokens because they are probably failed to raise any kind of money to even cover the distribution fees.

Well they have their reasons and one of the obvious reasons are being in a slow and bearish market i have seen some good projects too that failed to raise decent funds so yes i think last year was kind of waste for crypto community but still we need to support the market and hooe for the best in this new year.

It has nothing to do with the trend, many projects went scam due to themselves and not because of the market. If they failed to meet up their desired fund to run the project, they could refund the money to the participants or contributors. But they did not do that, instead of giving it back to their participants. They took it and ran away with our money.
and another thing is, 80% ICOs are a scam. Nobody can deny that, that was why ICO is known as a tool for the scammer to scam the community.

This is one of the big problems that is why many people don't trust bitcoin because there are many ICO projects are scam.

The other problem they can easily make a fake project with newbie account here and people who are looking for bounties participating to make money they always abuse this because most of the bounty hunters here doesn't check the project first before they invest their time promoting. They are just helping to spread those fake project and scam.

I hope someday that there is a new process will come like project verification and checking legality of the project with their real events and meetups. Anything that can make us decide easily that the project is real not a fake one.

Because they find out the reality, it is not hard to collect money, but it is too hard to give valuable project. Also there are no regulations, so they can easily go away with our money.

People noticed the scams more in 2018 than in 2017 because in 2017 many projects that were clearly scams still gave profits since everyone was investing in many projects thanks to the bull market and this gave the illusion that every project was good when they were not, but in 2018 the bear market made even some promising projects to not give any profits, so there is a belief there were more scams in 2018 than in 2017.

I think the main reason is money. Projects collected funds in crypto and when the price was falling, they didn't have enough money to create their products so they leave cryptomarket with the rest of investments.

If they are scammer then no need to list token even on exchanges.Wise scammers know the weakness points  and then they attack to reach goal. They simply don't care about investors,exchanges etc..

Of course those people who are scammer they obly think about their own future so they will do bad things because in ICO once they created they will get millions of dollars in only few months and they become instant millionaire in the short period of time only. I hope this year 2019 scammer already tired to scammed people because this time when our needs ICO are very legit and true.

Few points i would like to raise why ICOs scammed last year
1) Due to bull market every one was becoming crypto influencer & was promoting ICOs with payments in BTC/ETH. But where are those influencers now like Ian Balina, Cryptoguru, Trevon, Suppoman etc they were all Paid shill. Investors saw easy returns on investment & thought they will make easy money in short span of time LOL. Some dishonest project took advantage of this & collected huge amount of funds with their fake decorated projects.
2) Lack of awareness because of this scammers got opportunity to make funding with their unrealistic ideas & prototypes & later some launched on the exchange & turned out too be scam & some even turned out to scam without launching on exchange.
Thanks to Bitcointalk members who took initiative to bring into picture & expose some scammy ICO which really helped so many peoples hiw to avoid scams & to be vigilant from the scams & scammers.

The ICO scams are happening always, not only last year. The best reason is, ICOs are an easy and smart method to scam people like a boss. There are several types of scams. Some projects are run away after the raising funds and some projects are cheating investors. My personal opinion is, don't go with any ICOs without your hard research.

they only want money in an easy way and do crimes, in cryptocurrency it is an easy thing to do anyone can do it and until now there are too many scammers in many ICO projects, it would be better if we as investors learn which projects are right really good and who only wants to cheat

Since 2017 the ICO project boom has attracted a lot of scamers, the effect is still felt until now many emerging ICO projects end up being scam projects. But not all ICO projects, there are also many good and successful projects, but with the current market conditions the value may be a lot under the ICO.
Why is the project a scam? the answer is certainly because from the beginning the dev has intended to commit fraud

After cryptocurrency got a unstoppable pump last year, new ICOs got idea on how to create large money by creating good looking fake sites, tokens, and their fraud team, social platforms groups. Many ICOs, 80-85% of ICOs got scammed last year as it is not regulated by anybody, so ICOs have no restrictions or regulations to create their site and sell tokens and run away with collected money. I think this will continue to run, but now there is less interest now days to invest due to such lots of scams happened and happening in ICOs.

greed is their main intention and also they have an opportunity to do the action. but I'm confused why are you just asking now? you have joined this forum since 2017 and don't you know that ico scam has been happening for a long time, so what have you been doing so far in this forum  ???

Those scammers are seeing an opportunity to fool others through creating a scam ico. These scammers are greedy bastards i guess they are paying someone to build a site and then they will try to steal the whitepaper from the old ico project and put this into their sites.
This caused there was a lot of criminals.

These scammers will never succeed if we are careful enough.
In crypto world where we value being anonymous, that's also the risk we are getting and they will continue
to scam as that is their means of making money. But, we should be smart in order to avoid this scams and we should also help
to report this kind of activity for the benefit of the entire crypto community.

I don't think so, and I think it's because of greed between those who are lost and those who benefit more. When they saw that, they gave birth to jealousy and determination to create waves by taking all the money of others other than themselves  ::)

I think too easy to create token with ERC-20 platform making them easier to making more ICO.  Making more fraudsters take advantage of making ICO with their scam projects.

In our modern world today of course theres no hiding the fact that there are many new way or style of hackers just to steal funds especially in terms of digital funds. All spouting new token projects conducting ICO after launch are not all legit, some are just scam so better research first before investing to them.

In 2017, ICO was a good source of earning passive income  but now those has been changed. People started to scam money because it is one of the easy way to scam people. Just invest couple of bucks and get couple of thousands even some times million too.

I don't think that's true, what I see they're trying to kill all investors like us, for some reason I don't know yet but I think it's because of that. Try to avoid going on this crypto path, and I don't care much but make money  ;D

I think it is praising that scammers are smarter than us. They are the people who belong to this crypto world. As far as I can see, they only have a few tricks to make a living instead of trying to make a bit, and accumulate them  ::)

investors does not want to invest anymore due to lots of scams happened recently and those project that seems a good one but in the end their money vanished. Those scammers creating a good idea and a good people but their plan is to gain money from investment by the people that is why the trust from this industry is almost negative now.

Most interesting projects working they are not scum, they just dropped their prices very low. On the current market, they can't do anything to improve the situation with prices. Even great news can't influence the price. Most of ICO just waiting for green candles on BTC.

Because of greedy ICO investors. ICOs created in 2015-2016 have real future, like IOTA or Ethereum, but scammers find out that people will invest into every ICO without doing any research, so they took the opportunity and created so many scam ICOs because it is so easy and probably no one is able to arrest them.  ::)

Not all projects turned out to be a scam; many simply could not raise money and they had to either pause or abandon their projects altogether.

Yes, there are a lot of scamming report about ICO, and ICO are very popular for scamming people, the reason is some of the developers are looking for easy money, some of the developers making the coin without real preparation and when something not smooth the developers just run away or abandon the project and the condition now still the same, so always be aware when want to invest in ICO

I agree with you sir ! The quality of ICOs in the past year 2018 until today is not good as those ICOs which is published in the past years. Most ICOs in the past became successful and raised much of funds during their ICO periods. Unlike now, that most ICOs are fake because of people who wants to get easy money from other people, that's why investors are also lacking some interests to invest in some new projects.

This probably because of the market trend and as we all know that the bearish market seems too bad for the team promoting ICO projects. INvestors are stopping to invest because of the market that was being affected by different environmental factors. ONe of it is the BCH doing hard fork. THe bitcoin market price was 6K USD after the news it brought to 4K USD and eventually going down to 3.2K USD the lowest bitcoin market price recorded for late year of 2018 and the first quarter of 2019.

The crypto currency market is very young, it provides many opportunities for earning money in a short time, it is the thirst for easy money that attracts the attention of fraudsters of all kinds to the market, which results in a lot of projects being fraudulent.

Maybe their funds is not enough and i think its not make profit to their team. Because in last year crypto price is down.

ICO is created by the greed of investors, They hope that they can make a lot of profit from investing in ICO. So many scammer took advantage of that opportunity and created ICO scam series, Until now, up to 90% of ICO has become a scam and it will continue to increase.

It's very simple, in my opinion. With the growing popularity of ICO and cryptocurrency, people saw an opportunity to earn easy money. Scammers still use this and create fake projects to attract as many users as possible, collect a lot of money and hide.

There have been such ICOs, there are and will be many more, so you need to sort out the projects in more detail so as not to get on another scam!

I think that not all projects should be considered fraudulent, because there are projects that collect money and disappear, and there are projects that simply can not raise the necessary funds for ICO. As for the real scammers, they simply enjoy the trust of people who do not have experience with cryptocurrency and do not know how to analyze and choose projects.

Look, you've just raised a lot of money and you know that ICOs aren't regulated, so nobody would punish you for your activity. Would you gone away with money?
People are greedy, that's the main reason.

that's because people think by joining in ICO they would multiply their investment quickly, so this is used by con artist by making ico project that said their investment will double by joining in their project.

but not all ICO scam people, in 2017 study said around 80% was scam and here's the article on cointelegraph.
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
so 20% of it is a real ICO project that surely worth to invest on.

Not every ICO on the market is a scam, because if you would search better, you would be able to find great projects even on such a market. But generally you are right, there are too much fraud projects and it is happening due to the current market conditions.

It seems to me that everything is simple. Those people who once successfully conducted ICO have become very successful in doing the second, tenth and twentieth ICO, so today they have taken this trust of investors.

I cannot deny that 2018 season most of the ico was scam, or if not most of it they've extend their ico project and yet in the end still scam.
Most of their reason was bear market, I don't know what's the connection of it for the bear market. Just all I knew was almost majority of the ico last year didn't meet soft cap target, then most of ico that has been arise was fake.

Actually, when crypto gained popularity and start to rise up then scammers also got interested in making millions of money but this is not just last year. I think in 2017, there are lots of scam project but people were so amazed and occupied with the much bigger project since they are receiving lots of rewards and tokens at that time. Actually, even the scam projects were able to distribute their tokens too because they have earned enough for the distribution fees. Now that some scam projects were able to generate profit but don't have enough money to distribute then they are obvious scammers. While good projects that don't reach even softcap paused their project and rerun their bounty campaign to somehow generate for the distribution fees and for the startup of the project.

And why not avoid investing in icos and only invest in those coins if they have proved to the community that what they say is actually true and they can develop the product outlined in their whitepaper? Many invest in icos thinking they are going to miss out in the profits but most icos do not grow until they release to the public their project and that can take anywhere from a few months to a whole year so you will not miss much if you wait.

It's because there are so many bad and greedy people who had discovered and seen cryptocurrency as a way to get huge and instant money without making efforts and without considering those investors that had put their trust for the project and because of selfishness they don't mind other peoples welfare. It's simple as that.

If you think about it, then it seems to me that similar scam projects started exactly in 2017, more precisely, from the end of 2017, when a very big HYIP started on this issue. Now everything is very, very quiet. I think that all of us will be able, sooner or later, to start the processes for clearing the market.

The overwhelming majority of those projects that turned out to be fraudulent are such because their motives were originally such motives. They are fraudsters with the aim of cheating they created these projects, no matter who told you the opposite. In fact, there are a large number of such people, respectively, the projects that they created are also very many.

Are you asking why people scam or why scammers are not many in cryptocurrency to the extent of investors sitting back to watch the whole thing and not investing in ico anymore, I think most scammer are here to retaliate on what some people as done to them in one way or the other may be when also investing.

the scammers found out that it was too easy to create a project especially under eth platform and hold an ICO to their advantage. those naive users who didn't even read their whitepaper or searched the authenticity of the team members, lost money to these ICOs. last year was not a good one for most investors though.

Scams will happen all the time. The crypto world is still an attractive place for all scammers because of its high anonymity. The high price of cryptocurrencies in the last time additionally influenced the increased amount of ICO scams. The reasons for this situation are probably much more, and the scammers who want to earn easily and quickly is very much.

It seems to me that the situation can be corrected only by the total control of the cryptocurrency market, so that they have legal protection not only for investors, but also for participants of the Bounty company. To prevent fraud in the market ico company.

The number of fraudulent projects that appeared during the past year is simply amazing the imagination of any person. There were so many of them that very many online publications wrote about the ratio of 4 fraudulent projects to one normal project. Perhaps it was very close to the truth.

People at the moment do not trust new ICO projects because they are very poorly proven. The problem is the greed of the organizers of the scam ICO. This also applies to the market situation. We both know that we invested in ICO ETH. And the price of ETH fell very much.

The answer would be because there are many bad people who wish to get an easy money for them self. That is by creating those scam project.
When ever they got what they wanted, then they leave with all the money they had collected.

This is very terrible, Many people lose the amount of their funds to invest in this scam project. Actually this scam project is very similar to a real project. They have a vision and mission in the future. And people always believe in that problem. Therefore the scam project is always there.

Latest price of bitcoin and altcoin excatly about ethereum price have drop is why many ICO have scam last year, we can counted just many ICO was success with have the same or higher price than ICO, almost many ICO was die and scam because lower and drop price. We need new way how to get profit with ICO investment project by choosing which one best and potential ICO for investing and have higher price after listing at exchange market.

Scammers want to be rich in a short time, and they take advantage of the crypto world which basically has no legal entity. as we know that 2017 is the glory of bitcoin and cryptocurrency while 2018 is the time when crypto starts down until now it hasn't yet recovered.

Crypto is providing an extraordinary profit in the previous year. This gave the initiative to many people to also want to get big results from crypto. and as this appears a lot of scams becomes reasonable. ICO being remarkable things and this was used as a target to cheat easily for investors who do not heed seriously what they invested.

ICO of eth? Are you pertaining to Classic Vision? If yes then sorry for you mate, that was not a legit hardfork of eth. Constantinople is the legit one and it does not offer new token at all. So don't get mad for dip on price of eth, get mad on the scammers who take the advantage of eth's upgrade instead.

Because some people want money by scaming people and that method and is quite easy, it is very easy in my opinion because the high trend at that time became a lot of new investors who were affected by ICO scammers, they only needed an onepage or whitepaper that was copied and site.

because many people don't understand cryptocurrency and try to invest without understanding anything.
The target of a scammer is a person who is stupid who has never read about the project and has never heard of someone else's advice.

Firstly we must thinking about the market condition right now, Bitcoin and another liquid coin still not on healthy situation.
If we look ICO on last year's, it so much fake and fiction project. we can analyze with our own self. the team, product, and whitepaper concept are too simple and not credible. so that's why Investor are take a rest for investing ICO.

I agree. The year 2017 was the most scammers make the fake team for ICO's and they use bitcoin to scam big investors so that investors will invest to them not knowing that their capital is really not direct with bitcoin. They just put their money in a person that is not trustworthy.

Not all ICOs are scam nor are created to scam. But as the crypto market becomes lucrative year by year, greedy people saw it as an opportunity to make more and easy money. Remember that bad elements like scammers, fraudsters and hackers do not stop thinking on how they can get money from others without even a sweat. Other projects, on the other hand, are not really created to scam. It just turned into a scam along their journey because they didn't survive the economic recession. Their devs just want to recuperate their investment at the expense of stepping on their individual investors. This is the ugly truth that the market slump brought about last year.

They are scamming the people because they just wanted to scam you guys since a long time ago. The second answer is, they were not getting much funds to ran the project so they leave with the money gotten from the ICO.

The crytocurrency space is highly volatile and risky. ICO scam is on rampage recently due to the lack of regulation and the ease of token formation. Unscrupulous individuals take bride in deceiving the investing public, promoting ICO's with no intension of developing the project. In this situation the project is abandoned once there's a substantial increase in the price of the token and the developers dump the price to cash out.

In 2017, cryptocurrency market rising and reach highest market cap value. Its interesting people to scam people money and they creating fake and scam ICOs. In any situation, there is always people who want to scam others people and we should always make research before make investment in some ICOs

With many people knows the negative side of the ICO and the anonymity of the cryptocurrency, making many bad people using them for their own benefit, by creating any scam project. by providing any false information, they could easily getting their hand on a lot of money without doing to much effort, perhaps that what drive people to do something bad by cheating on another.

It seems to me that the year 2019 will already be with minimal risks of investing in new crypto projects. This is when compared with last year.

Yes I agree on that, I have notice that the number of scam ICO is increasing it has really a huge effect on some new ICO that is legit because investors now are afraid to invest due to the continuous rising of scam ICO on the feild.

because in my opinion quickest way to get a lot of money is to start ico and cheat everyone, so now there are so many scammers trying to cheat all investors

Greediness is what makes the market like this a poor industry. Most of beginner investors think that they could just go in this kind of market then go out with lots of money, they think they can just make money out of their capital with lesser time than the actual. This made the ICOs developer scam because of people's greediness and incapable of knowing the legit to not, They have seen the nonprofessional investing of people and so scam are scattered through the internet.

What you said is the main reason of the more ICO scammers, in simple view, their were lot of ICO scam because this ICO developer know that investors are greedy and when they got nice profit in one ICO so they started to blindly invest in all ICO and scammers started to scam as they saw easy money coming without any much effort.

There are a lot of scammers and they will always try to deceive. Until we learn to expose them, then fraudulent ICOs will continue their activities.

I think it's simply scam projects that find investors too simple to invest in a project. They see investors greed, and seize the opportunity to create ghost projects to get investors' money

Ico rise in 2017 and the numerous hypes of the etherum Blockchain gave a lot of scammers the chance to create meaningless tokens to take advantage of gullible investors

Fast forward 2019 and you would realize that investors are smarter and fake ico drastically reduced
Tho there are still newbies that are cheated

I think is not scamm.but their project is failed not reached their target of token sale for their fund to be next their project.i think bcause many crypto price on exchange is down and make some investor is afraid to buy some ico project .they scarry about failed project and lose their balance at they choose wrong ico project

Cheating is present everywhere where large sums of money are involved, so it is not surprising that many projects are created only for enrichment, not intending to do anything in the future.

Because they want to make a bigger profit from the fund of the investor and I think they are the success to do that. Some project is run away with the money without telling about the project anymore, and they delete the telegram channel which they use to communicate and delete or leave the project. I think it will happen like this again and again and in the future, we will see this again, so we still need to be careful to choose the project.

The fraud at ICO is striking in its massive nature and diversity, but the bear market has reduced the number of projects to such a minimum that the fraudsters have become cramped, and investors have become more discriminating and do not believe empty promises, and conduct detailed research

It feels how frustrated they are and fraudster still looking for some ways just to scam others. Maybe that's because of the greediness of individuals who wanting to have an easy money and they'll do scamming.
From time to time, they will be minimize if we all committed to stop them and to give awareness to the community. Lets have a work together to have sustainable market.

Scammers continue to use ICO investment to scam people because of the lack of regulations within the crypto community. That is why some countries have started banning their citizens from participating in any ICO.

Because of the higher profits people made from crypto in 2017, the scammers attention were drawn there and started using it as a medium to steal people's money.

That's one of the many factors why majority of ICO's are scammed due to the fact that it's free to make such stuff. It's really very rare to find ICO's that are good and this is probably some experience investors tend to be more vigilant.

Yes, Scammers have learned that through ICO investment and the money involved in this are huge. ICO investment appear to be a pot of gold to them and their attention has been drawn there. Scamming has always been there but only last year, this scammers have become more noticeable because they are too many.

I have never seen a really good ICO since 2018 so far, all of them are scam. I have seen a lot of ICOs have been rated well but after a while of operation, the dev team left the project and went on to set up a new project. Obviously these are scam games from ICO to steal investors' money

Its because of the downfall of bitcoin. Just imagine if bitcoin still alive and keep pumping until today, then there will be no scams.

Iico scam because it is caused by Iico, many ico are cheating, cheating and incompetent so that is why investors are hesitant to invest. because 90% ico is scam and cheats

it's true now that many ico are scammed, they only collect funds from investors then leave without any news, this is what makes many investors think twice about returning investment in ico, actually if ico is really good and there are projects in the real world, investors will interested in investing in the ico.

People are greedy and instead of realising project, those are taking your money and getting away buying luxury things and so on.
It is hard, but you have to forget investing in ICOs

Unfortunately. This happened because on any fully unformed market, fraudsters get their hands full. Gullible people, looking at the bloody success of the blockchain, were in a hurry to join the general cryptocurrency campaign, but were deceived, and more than once.

I really don't know the exact reason for that why most of the projects are in scams only maybe the promoters can promote scam project in most of the time if it was reduced then we can choose the good projects only.

According to a reliable statistic, up to 85% of ICOs are fraudulent, because scam is easy, the investors themselves lack the knowledge to learn about the project themselves. Just a nice website, a bold idea, some fake photos you can trick millions of dollars.

Towards the end of end of 2017 the numbers of active ICO was in their hundred  and most of them are scam ICO and even ICO that does not have any working product on ground all they deed is to take investors found and run away, that continued through out 2018 and to make thing worst the market falls greatly in the year 2018 that also contributed to the discouragements of those investors who where traps in this period.

Year 2017,attracts many people for making quick money on crypto currency so they were turned out to be scammers because it is the only way to get rich quicker.

Some ICOs just did not collect enough money for the further development because of the bad market conditions, so they did not make any product, but the most scam projects were created with the only goal - to steal money of investors.

Because it's so easy to make a project and an ICO, just make a similar project and pay some bounty managers to handle the ann thread, telegram group, bounty etc like amazix, bountyhive, bountysuite.

When the ICO start and some investor invest on the project, they can just run and scam.

because last year fraudsters saw a great opportunity to be able to get a lot of money easily from ICO. this is the importance of good security and selection to hold ICO projects so that in the future ICO can be trusted by investors and no such frauds again.

Since cryptocurrency is not regulated at this moment, the developers of the team can scam anybody who invests in their project if they want to. Aside from this reason, another reason is the team didn't collect enough funds to fuel up their project ending up scamming people instead of giving back the money to the investors.

There are many scam ICO's last year and I think it will continue this year.

agree with you that indeed the big possibility is a big problem that is happening nowadays where ico is not really serious in developing and too fast. they can also potentially leave

I see a lot of topic regarding the status of icos right now my opinion regarding this issue is because of market down that effect the status of icos.
Last 2017 is the best year for icos because most project are success and have a good product to introduce in the market but last year we encounter a lot of icos project because its easy to collect money by doing fake project.

Due to the last bullrun many ICO became successful ,even hardcaps are met easily and this is why ICO as became a target for scammers since then ,many ICOs this days are backed by con artist pretending to have something to offer just to gather funds and run away with it,investors needs to be on look out for this scammers

2018 was a bad year for the crypto market. In the chaos environment fraudsters emerged. Scam projects have produced a lot of people who have lost hope. And a lot of them got the money and disappeared. The longer the bear season, the more likely it is likely that the scam will increase.

right now there are many who expect a lot of results without working hard so they do fraud like now, I myself also always hope that the good things will return to the way they used to be, crypto provides many benefits without any major fraud like now.

What happened was that the scam was done by the scammers to take the investments into the ICOs from the new investors, this is why they did pre ICO with low values to make them think of getting the best bargains.

when was the last bull run occur ?  its not last year but it was on the year 2017  but the previous bull run are not the reason why there are now lots of scam failed ico's   . whats the real cause of them is the poor market condition  where investors are discourage to invest to think that crypto might not recover .  but its not the end of the ico's   .  i believe that ico can also recover together with the recovery of the market  .

I can be sure that 97% of ICO projects are fraudulent and it is difficult for new projects to survive because people are frustrated with waiting and there is no accuracy in investment. I think ICO will soon be replaced and it is happening at this time when the IEO is being talked about more by people and it will soon make the ICO a garbage dump.

That's why research is mandatory for everyone before trying to invest in the ico. this was happening so many times and i guess they must learn a lot from that. Just try to not pick the suspicious ico.
Mostly, scam icos created used a fake identity.

one of the ways to collect money quickly by utilizing the trust of investors who are interested in investing is to do a fake ICO project.
after all the steps have been taken in an ICO and finances have been collected, they will immediately run away with all the investors' money.

Indeed. Because of the popularity of ICOs last 2017 scammers got an idea to go with the flow and launch the same projects and scam the investors. They take advantage the hype of ICOs to gain money.

Currently we are in bearish trend and its hard for the ICOs to reach even their soft cap. I think when bull run occur then thats the time we can see the return of new projects offering something. Just be careful and dont invest without doing a background check.

I think ico can be very profitable if there is a very good team so many people take advantage of the situation to get a big profit by doing fraud.

most of them take advantage of the situation, when the bear market is not over, they are looking for as many investors as funds and then running away because they are not launched token for reasons of low exchange rates. but actually there are still projects that are trying to wait for the bull run.

Of course for fcking tons of bucks
Altough the project is real
The bear will continue eating a fresh money came to market.
And also most of investor on ico seems and probably totaly not understand how fluctuactive altcoin.

Do you want to know the reason? Because easy money.

There is a quick guide how to run successful ICO:
You create a good looking website, pay for marketing, run bounty campaign, make some events, collect tons of money and leave.

Yes, some people take advantage of this in a way that is not good because of fraud, so before we invest, we should carefully examine because the difference in a profitable ICO project may be a little different from ICO scam

In most cases, this is just an easy money making. Also a large number of projects whose team was unable to realize their product and find the right approach to marketing and ideas.

It is like real-life counterfeiting. The only difference is that you oppose the law by printing counterfeit money, but it is a little different in here. Because there are states behind paper money.

If there are projects that fail or are fraudulent, the project is not healthy because they are not really serious but only for their own interests. It is clear that there are many cases of investigation especially in the current market conditions which are very dangerous if stuck. We must be able to analyze it well because it is very difficult to distinguish it.

ICO became popular in 2017, when the crypto-currency market was actively growing, there were more and more investors who wanted to invest in crypto-currencies and they also invested in ICO, since in a couple of months they could multiply their money twice, but there were also a lot of fraudulent ICO, and after the fall of the market, the situation did not change, it just became more difficult to raise money for new projects and ICO all the time extended.

The answer is simple. At the time of the bull run, it was possible to earn on almost every project related to cryptocurrencies. People did not check the credibility of the project, they just bought everything that appeared on the market. The scammers began to use it and thats why show up so many fake projects.

Because it's simply a way too make easy money.. fool people and take away their hard earned money.. seems pretty humane..

Why should they keep promises? when it is possible for 1000-5000 $ Create a project with 0 and steal millions. Here is such a new project strategy.

Yes, I agree with that, because 90% of ICO's since last year until now are still scamming their own workers so they can get what they want, they actually making their workers a pet for their needs.

Icos is now scam because what they are after is to reach softcap and hardcap and later run away.investors no longer bother to buy ICO again all they wait for is dip.when it dip they will buy and keep for a while when it rise they will sell back. No one is ready to hold coin. Scam everywhere.

If you want to invest is probably now the ieo conducted in large Exchange is a relatively promising than ico. but they don't hold a campaign bounty., it would be detrimental if you are a bounty hunter.

I think that will only make the bounty campaign's future bleak and not only that, when IEO is held at the exchange fails and it turns out that the project is only a group of scammers that will have a bad influence on the good name of the exchange.

Nothing got scammed, but the ICOs market is facing pretty difficult times, as well as the main market. We just need to be patient, because things are slowly getting better and I believe the market will change its direction soon.

Scams are bound to continue in ICO unless drastic measures is taking in the industry to stop these sophisticated scammers. We can't be running a trustless global system that is not regulated and expect some bad actors not to engage in scams, not possible.

with more easy way to make a coin/token make them try to scammed us
with fake data and fake team its easy to make a new coin
that easy money for them

they just want to make money easily by deceiving people and those are cursed. it made ICO very bad in the eyes of investors. That's why the IEO and STO are born. It is improving and helping potential start-ups have a place to grow.

While there are some shady ICOs that turned out to be scams in 2018, we all have to admit that 2018 ushered some great ICO projects as well, I think most investors do not really do neccessary research before diving into any project and this is why they fall prey to SCM ICOs.

Actually I don't know the reason why dude? maybe because they saw that many community believed in the ico project after what happened on 2017. So they take advantage on it, especially when the price of Bitcoin was little by little decreasing as time goes by until it reached the lowest value which is 3600$ but now its 4000$ again.

The end of 2017 and the beginning of 2018 were the golden times of crypto currencies. Bitcoin flew from 3k USD to 20k and all other altcoins followed. ICOs have brought huge benefits and I do not wonder that there were a lot of scam projects that were trying to get their piece of pie.

Untill now scamed ico's still poping up day by day and i think we need more regulation for ico's investment so that regulation can decrease a lot of icos scamed. Hopefully 2019 will be better for ico's investment.

Perhaps when the crypto market thrives and Bitcoin's price and Altcoins rise. Making ICOS projects a lot. when the price of Bitcoin decreases, the projects fail to raise capital and cheat investors.

Responding to the ico scamed problem, it seems that whenever and wherever the strictest rules are made, such as fraudsters, they will always look for the slightest gap to avoid it, we are sure that someday there will be a bright spot to face this problem and the crypto currency will be repeated.

Well, the price of bitcoin has fallen is another reason to explain why ico began to become more fraudulent since last year, projects are forced to cheat and close when they cannot receive enough capital from investors, the crisis period has affected ico. In addition, since the field of ico created many profits as in 2017, many people became greedy, they created more projects to make money from investors, and when they have enough money, they give up the project, which is very clear when many projects can only be described as garbage, it has no value and is not useful for crypto

I believe that because many bad people knows how easy to gain easy money from another people, that drive them to make those kind of scam project.
And they could easily get away when everyone realized that the project were scam.

the more scammers occur because of their greed in seeking profits in this forum, I am not hypocritical to be able to want financial benefits by joining this forum, but to become a scammer is an act that is not commendable.

ICO scams are already many and cannot be counted now. This is what causes investors to always hesitate to invest in each ICO. Because they were afraid the project that carried out ICO was a scam. But it should be learned that before investing, of course do not directly invest with a high bonus. should analyze briefly how the project is. If you suspect, it's better to just leave the project.

Well, 2018 was the year when ICOs became very popular to investors and everyone saw the opportunity of making profits so easy just by investing into a project. That's the time when scammers noticed the potential of this ICO market and started to create fake projects to steal money from people. More scammers have noticed this and now we are full of scam ICOs.

That's because they think that if you are looking for money in cryptocurrency it's very easy and they might think if it's easy work so many bad people always try to find a gap to get a lot of money

Most of the project designers are not professional they even have no clue about finance and advertisement. The do not know how to provide customer confidence. In any business if you do not have enough knowledge you will surely fail.

they are evil people who want to take the opportunity to benefit themselves. they know the ico is very much and many devotees once in the year 2017 and it becomes a job for scammers to create ico scam.

I think investors will keep coming and look for cryptocurrency to investing despite many scams happened in the past.
Look at the IEO's now, binance IEOs on their launchpad are always hit the hardcap, sold out.
The investors are not leaving crypto, they just interesting on some legit projects.

Even if they have scammed millions of dollars and that's still not enough and they keep doing it, scammers are idiots person who lacks the skill to do even a little job. They are such a garbage criminal. They have oriented to scam more and more people

I think not all the ICO are scamed last year, some other ICO are really affected on the market status, the market last year is really bad and it affect the ICO some other ICO is extended and some are really didnt collect a funds to realised the project that is why it lost and some is turn into scam.

Maximum projects weren't scam. Most of the projects failed in ICO to raised softcap. Market was not suitable for the investors, so ICO were not successful for most of the projects. Some projects were scams that we can see this trend now.

80% of ICOs  in 2018 were exposed as scam projects so this is happening because of anyone can launch a new crypto projects and can hire bounty hunters for promote such projects and can earn in millions this caused the investors to be afraid of investing now even the idea of project looks good.

You're right, even though most ICOs are scam, but some ICOs are certainly still very worthy of success. well, there is no particular reason why ICO can be a scam. of course it is caused by someone's greed, or group with instant money.

Indeed, many people create their own coin or token and scamming peoples. I am afraid this can give bad effect to cryptocurrency market and people will thinking crypto is scam market. I am agree if government involved to regulate ICOs to reducing scam ICOs and gain investor trust

they cheat many people to get what they want.
many fraudulent projects occurred from last year to the present, resulting in many people being afraid to start investing in ICO.
but that doesn't mean you don't invest, you have to be careful and choose carefully to avoid fraudulent projects.

Scammers realized the potential in the crypto and used it as bad. They used ICOs to make money on the short path and reduced confidence in the crypto market.

Only small percentage in ICO are really successful in their platform and projects. Majority of them were spotted as scam ICOs. Since last year, I never easily trusted some of them. We can always checked if they are trusted and not just fraud, we can evaluate the team behind the projects and we can easily identify if their project is clean and is possible happen.

The reason for ICO is very hot, or mainly greed, making money easy. Last year, the market was very hot. The ICO is very profitable. Many people make money early, but some people make money while others lose money. The market is fair. There is a bull market and a bear market.

Don't worry it will one day cease, because IEO is going to replace this ICO crowdfunding, if there is no regulation happening we shall soon see the demise of ICO in cryptocurrency, because this is the one thing that stopped new people coming in, to cryptocurrency.

In this world I believe that where money flows in easily will become a target from bad eyes ,this is where scammers comes in ,since 2017 last bullrun ICO has became a target  but alas very soon IEO will eradicate all this present issues

the initial year of the ICO was where bitcoin had not yet reached high prices so it was still rare for cyberspace people to glance at it, after bitcoin reached its peak at the end of 2017 many people joined cryptocurrency. those who saw the easy opportunity to make their own project, ICO used it to seek profits and deceive others.

Many scam projects happen because the ICO market is not yet properly regulated. Also the law protecting the investors are not sufficient so they are complacent.

The people behind majority of the scams are aware that this market wouldn't last long so I think they just took advantage of it before it gets unpopular. They are also aware that many people in this space (including them) just want easy money, so they took advantage of it.

Why scammers want to scam other people ? Because this is how they love to make money . They don't want to develop new technologies and work hard for a long time to introduce them into people's lives. They prefer to trick away other people's money, because in most cases such things in the crypto space goes unpunished.

Nah, fake ICOs can easily be identified, not so easily, but it’s better to take hours in studying an ICO to know if it’s fake than to invest in it and be expecting profit only to be disappointed at the end. But whenever I want to invest in any project I start with checking the team to know if they are truly what they claim to be. I check for their LinkedIn profiles and everything. Then the whitepaper and website follows, then the rest.

In this market there were no restrictions and laws, so the scammers cleverly took advantage of this and cheated millions of hamsters. In addition, they did not even want to create a product, rolled out the idea, collected money and hid :-[

Because in most cases it seems to me that people do not want to do anything, because they just want to get money, but this is hard work and we understand this today, I am sure that it will return to them in a different form.

Instead, better to hope that the project will be listed instead of thinking of the value being down, chances to increase is possible when its ready inside the exchange, but until that time ico's can still proceed and scam investors money instead of being listed inside exchange, there's lots of cases that happened along the way and until now most of those ico's are still ain't showing any progress.

not all ICOs are scams, but most are scams. well, this can be explained because an unprofessional team, as well as ICO, is a fraudulent way to deceive ordinary people. well, for those who don't do research information, of course this can be an advantage for scammers.

I hope that IEO will totally remove those scammers here in cryptocurrencies. As we saw the year 2017, bitcoin hit an all-time high not knowing that scammers have a lot of investors who actually scammed by them. They take advantage of the market and use it to scam a lot of big investors at that time.

Since the market goes down we meet some ico's that being scammed but not we are facing some success and waiting that many the market recovers to avoid loss price of tokens before it get listed in some exchanges.

These fraudsters have been there for a long time. They use bad situations to get money without having to work. This also makes many investors stop investing. We must be more vigilant and careful in investing. Take your time to do research.

IEO will not completely eliminate the scam in the ico space, there is already a IEO exit scam happened in the chinese community, you should only invest in IEO when the exchange is trusted, people should be careful when investing, they need to do a research first before invest and they should keep in mind invest what you can afford to lose.

Yes, you are right, IEO (Initial Exchange Offering) is much more attractive for investors than ICO. IEO is launched on the exchange itself and quite quickly reaches HardCap. The STO (Security Token Offering) concept is also interesting, it is safer for investors.

Because people see the explosion of crypto in late 2017. Many ico created to take away the money that investors entered. They see that many people will join their ico and they will play tricks on people's greed

Scammers always come at any time, this is what makes the market red, I'm sure when they get crypto they immediately sell to fiat so that the price drops.

Since ICO has not trusted anymore the new is the IEO and we can say that IEO is legit because it is already on good exchangers so why we should afraid to invest?we must try to gain  trust now to recover losses on the past so try the OEO investments and dont forget to look at yanu.io ieo.

Well i think is also the fault of too much investors who invest on most if ICOs, and also the fault of scammers who make ICOs, but now i hope with IEOs will not be so much scams, and i hope investors will make profit.

Of course that would be their practice because they would not keep it in an exchange, They convert it immediately to fiat and leave the market, although some of these scammers are still among those making investment, some of them still end up being the whales too with the amount of money they have scammed from people.

ICO market has already been polluted, so I think the most focus of people now, especially investors is on IEO projects, at least we still have some faith in IEO projects based on the judgment of the reputable companies that carried out the project for the public to buy into.

in any business or industry there will always be scammers who exploit someone's ignorance and lack of experience such as new investors, for example.
I think this will be everywhere without exception. there are many ico projects that scam in 2017 until now, I think this is one of them which makes a sense of lack of trust and the collapse of the crypto market.
so we will really need regulation

There is no exact reason because a scammer always wants to scam people's money! It is the bad people's nature! The crypto market has many noobs and non-reader users who don't read things and easily get involved in a scam project! So, some smart scammer came out with a good looking website and some team member and then they scam people's money! But people are very smart now and that's why there are very few scams ICO project at this moment and ICO market is almost dying!

Scammers use the leak of the systems, the psychology of the free money hunters. Social engineering tricks are commonly used by the social media platform scammers. Scam projects can easily be exploited by the experienced, professional investors who have seen thousand times of same broken promises on the project whtiepaper.No concrete reason why they have chosen this way of making money. Dishonest people have no nationality, no special limits, no sense of duty and more.

The decentralized aspect of crypto made it a platform for the good, the bad and the ugly to ply their trade.if you are a keen follower of this revolution, you will understand that the first instruction offered to any cryptocurrency novice is to Do your own research about any project you want to invest on. that saying, it means you are on your own.

don't just venture anything you see on ICO Sites. Many are scam

Because this industry has quickly gone up, and as it usually happens, while everything grows and develops, someone earns honestly, and someone deceives people, because at such moments there is a very large user attachment.

ICO project revenue from investors is very large and at that time it was also in a very good market condition for bitcoin which reached the highest number making people want to have lots of money easily so they made fake projects

Owing to the growth of the crypto space as of 2017 ICOs gained massive attention thus fraudulent individuals saw it as an opportunity to scam investors. Therefore with that growth and as well hype, throughout last year ICOs dealt mercilessly with investors. But now we have learnt the hard way thereby knowing how to protect ourselves.

In early days the ICO market was very popular many good projects came from the icos some of them at this moment some best project available. So ICOs was successful and that's why money came to this market. And whenever money comes scammers also scams. This ICOs has no regulatory no security everything was going on based on some digital information. So they made promises investors believed and then they took the money disappeared. And when people see that scamming people is easier than making a project they start to do that that's it .

People didn't still learn on past experiences with ICO because look at on the current IEO,it might have a different system way of acquiring or supporting projects

but it isn't really that different with fraud projects in the years past.They don't deliver something new IEO or ICO,if you aren't aware or careful enough you would still lose money.