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that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20.
I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.

The most erc20 ico's were trash or scams, in fact it is so easy to create a token on the eth chain and it takes just a few minutes. i would not blame only erc20 based token icos, dash, btc or whatever coin forks aren't only successful but its just a fact that it takes much more work, energy and time to make a fork of a coin with a own blockchain.

At first, I thought that something built on the Erc-20 platform was a good project, but some time later there were more similar coins. this makes me confused to choose, and now only a few coins remain, such as Trx, Ven, Eos ... Many coins are neglected. I think there are many developers who only take instant advantage by using various kinds of scams. some are less creative in marketing and community development

It's not the devs, it's the scammers that tarnished the image of ICO for investors. If the devs do it right without the thoughts of scamming people then ICO would have been a reliable form of investment until now.

erc20 tokens became popular because at 2017/2018 many ico originating from there were getting hundreds of millions of dollars and because of this many evil developers were motivated to make trash projects or scam projects in order to expect instant money, and adverse effects because this was felt until now because there are still many other evil developers still motivated to make similar projects and are now turning to IEO or another crowdfunding method.

The incompetence of the developers of course also has an impact, but it was the scammers who tried to earn money in this way that created a more bad reputation of the ICO. And this opinion is shared by all, judging by the comments above. So when the scammers disappear, then the ICO may again be able to regain its reputation.

It is very hard to eliminate those scammers. Greediness is human nature so with the number of people around the globe, you will not run out of these scammers. They will try and try until they can still deceive users and get something from them. They don't care if that is your hard-earned money or your life's savings. Because they really don't care at all. So long they can rip from naive users, they will not stop. Only a user can stop his loss by not investing in suspicious and fraudulent projects. Since it is too difficult to identify potential scam projects, I would say, better keep your money within your pockets and move on to a more tangible investment.

I agree with your opinion. The developer is a party who must be blamed if the platform becomes failed caused by the dev is who has full control over the platform.
But this time so many unskilled people are interesting to get the money only and then run away even some kids are talking about how to make an ICO. that sucks to see that and that's why we have the best way to believe in IEO.
So many amateur people and even scammers in these days who are interesting to use ico as money-grabber only.

The idea from Token scammer is getting easy money from people, it's better because it more easier than IPO in legal way. No one can trace them, no one know who are they. Their product is idea, mvp and imagination, and most of them become fail project where no demand to use their business ecosystems.

Good product and lot of demand = AMAZING
Good product and lot of demand but not reputable team = NORMAL
Good product but less demand = worthless
Lot of demand but no product = worthless
Lot of demand but simple product = FAIR (seasonal moments / depend on trend )

We cannot blame on blockchain platform, blame on those shit who held ico

The platform is open source with no restrictions, anyone and anybody can create their own token, scammers and legit developers, we lack good developers that can see the project from start to finish and this is one of the issues that haunt the crypto industry, abuse is the right word for this.

ICO on itself is a flawed concept because it is allowing anybody to raise millions of dollars without being liable to give anything in return other than the useless token they created out of thin air and without any cost.
you will never find a real project with real world application coming from a respected developer run a fund raising like that.

so it is not "bad developers" who have tarnished anything, the ICO was tarnished the day it was introduced. and your problem is that your whole argument is focusing on the return (aka the profit) that you could ever make from investing in these useless tokens not the actual product that they were supposed to give when thy were raising funds for its production!

That's the real picture right now, scammers have made this platform and ICO their playground, but one thing that these scenario has brought us,   investors are now wiser and now understand how these scammers work, they now know how to look on a new project, they know how to set up criteria to pick project that they believe will be here in a long term.

So many new projects are now coming into the industry because these developers thought that they can just present something and people will buy these projects because of what happen in 2017, but this is 2019 now and so many things happened and changed.

We all knew that there were people who were involved in ICO frauds and it resulted in the cryptocommunity being somewhat discouraged

to support or  invest even in brilliant and  legit projects  nowadays but we  cannot blame them alone  since those schemes were done by

capitalizing on other people's guilelessness to discern a project's legitimacy - many of whom were often blinded by the promise of generous

profits on crypto investments regardless of project's viability and potential. Also, we cannot even blame "bad developers" as stated by

the OP but actually, it is mostly the act of core team members since most scam projects don't even have real and skilled developers as

part of the team when they've started it.

The reason why ICO did so well in the past was because its a whole new idea that was never available in crypto space before and it created a big HYPE for crypto world entirely due to its SUCCESS but now its no more

Scammers on the other hand kills ICO hype and turn it into untrusty source of investment for ICO investors,i as a person stop trusting ICOs and i was a victim to bitconnect scam as well which looks so real back then,you cant blame developers because not all developers are scam artists, scammers are the ones that tarnished the life of ICO

ICO is an old trend to scam people nowadays especially in 2018, there are so many ICO coming in 2018 and almost of them are a scam. I feel so misfortunate to everybody who scammed by scammy ICO in 2018.
Now we are entering IEO era, you can still gain the opportunity to earn profit at this time. But, I believe sometimes IEO will be same as ICO. Just need to wait time until is come...  

Developers especially those that has intention to scam innocent investors bring bad name to bitcoin and other crypto currency including ethereum. Ethereum could have be the best platform because of people building their own tokens on it but people used that to raise money through ico but those projects happen to be scam. I have spend above $10,000 in 2017 and early 2018 through ico and it is one of the reasons why I have avoided ico's investment. I have friends that have also lose big in some projects and ico.

What are the indicators if the ICO is called a scam? because the price is far below the ICO price when entering the market or is there something else? Because if the benchmark is only the price, then it can be ascertained that more than 50% of the ICO might be called a scam or even more, there are some who actually go with investors' money after the ICO is finished.
Those who bringin investor money are not developers but scammers which is why investors must be thorough and study everyone involved in the ICO project.
ETH Platform is a platform that is easy to adopt so many scammers choose the platform but not the platform can be blame.

Yeah that right, that's the reason why IEO is now present in the Crypto world, to shut off the highly inappropriate ICO who just wants to carry the investor money. And now investors have begun to move to IEO, they are more comfortable than the ICO that has been in damaged by greedy developers.

It would have been a different story if every developers qualification standards are checked somehow but i guess its not possible yet,we can only see such fixes if regulation takes place and no projects from unqualified personnel will be granted to do ICO or IEO,regulation is the answer to bad projects and scams

ICO projects built using the ERC20 ethereum platform are currently experiencing a setback, because many projects are moving to newer platforms by mainnet. actually the ERC20 platform is very good if it is well developed. The developers who hold the ICO at this time only prioritize revenue and override the function of the project being built. There are also many ICO SCAMs that make investors fooled and suffer a lot of losses. ICO is increasingly fading and replaced with IEO, because IEO is considered safer and more effective in the sale of tokens.

It seems you are right that most developers and teams cannot use the ethereum platform to function properly, precisely in 2018 there are many projects that end with fraud and almost all tokens generated from their projects do not match the project road map.

No problem with ERC20 tokens, however, majority of projects are being run by scammers in 2018 up to the present that's why the whole picture has suddenly change this year. There are still a lot of functioning project, but the tarnished it made in 2018 stick out and it has a hard time trying to change the perception of investors.

Whatever you may want them to call, developers, CEO they are just the same. If they have a honest intention about their project then I'm sure it will be a success, but just like the rest of people here, they are in the business of making money that's why scammers are still in the ICO business and projected a bad image on the business model.

we will see now that the project which has been in that stage for a long time does not have any significant development, only a few percent are still added while the ICO program is still very many scam projects. You are right they only came to make the crypto image worse and enrich themselves. I only hope that the existence of IEO will not only protect investors' funds, but their projects will be seriously developed

that's true but not only the developer, even the crew or team behind the project is also included. most investors now prefer IEO over ICO, and that's because ICO's reputation is currently gone and it's not as good as in 2017

What did you expect to see happen once you give free bitcoin to the tunes of (b)millions.  Every scammer was bound to start "the next best thing".  Awhile back we used to slam projects with even 5% premine, then all of the sudden it became socially acceptable to start icos which is essentially a 100% premined coin.  Did you think this would ever be a successful way to start new projects?  :P

The main problem is not in the developers (they work), but in the strategists and marketers of projects or in their absence.
ICO passed and no matter what platform/blockchain for use - ERC20(ETH)/TRX/EOS. Now is the time of cryptocurrency exchange IEO.

Investors are moving to this new venue of investment since most of those ico process turned into a bad outcomes, developers becomes scammers and runaway with collected funds instead of developing as what they've promise from each investors and supporters who participated to thier project, IEO's become popular due to the fact that results can be acquire right after the sales period being done, investors loves not to wait for longer time.

IEO's is the next scam out there.  These wont stop until people stop buying them, but I see that as unlikely anytime soon.  Most people will get burned and its holding back mass adoption imo.

Ethereum as well as other blockchains made it possible for many projects to be created thus ICOs where some did well others scammed their investors. So in each case, it wasn't the fault of these platforms rather the developers creating the projects; many came with the mindset of scamming and not to built anything, therefore accompanied with hype they succeeded. However, today, the failing of ICOs led to IEOs which have had a considerable record of success, although on major exchanges.
Furthermore, just like ICOs used hype to scam their investors, some IEOs will still do same, so in each case the only way to reduce scam be it in ICO or IEO is through carrying out the neccessary research.

I think that was the situation of ICO two years ago, not that it was the developers really. Just very few didn't have the intention of running away with people's money. They garnished all they wanted to do with white paper but they ran off at the end.

These developers took advantage of the decentralized and obscure features of the Blockchain and cryptocurrency to feed their greed. My worry is that not enough measures has been put into place yet by the regulatory bodies such as SEC to checkmate their activities and I believe something should be done in that regards as quickly as possible to save face for crypto now that we want global adoption more than ever

That is true. Commonly, there will be some developers that only focus on the result of token selling. They make the projects as interesting as possible without offering any good concept of the projects. Exactly this may deceive when we don't analyze them. And here, developers must be the people with high professionalism, having a good track record, and also have great performance. Of course, a bad developer will mak the ICO tarnished. Moreover when we know that they are scammers or fake developer teams. It is really sad to know this.

The reputation of ICOs now are really bad unlike before. I do have an erc 20 tokens in my MEW but they are useless and no value. Creating tokens that are left behind by investors and the team will always become coins that have no used at all. There are thousands of erc20 tokens but only few has an impact and use and has still surviving in the crypto market. The truth is that well established coins are the main choice of most of the investors.

without good product developer might lose of chance to gains with decision as offering option on qualification as attaining field of business with the ico scheme of examination
as different investors that they have with distinctive on personal qualification the those give with reference as investors to looks of way to collect with spares on excessive as preparing plan on design with the terms of completion.

Bad ICO project developers are not the most pressing issue for these projects yet. Since everyone is allowed to this process, it is clear that even half of them cannot be great specialists. This is just normal and the task of investors is to identify promising projects and invest in them. Bad projects must die on their own, leaving only the necessary and useful.
The main problem of ICO projects still remains in a large level of fraud among them. This issue can only be resolved by state regulation. This is what we expect this year. Then the popularity of ICOs may rise again.

Personally, I don't think projects moving to mainnet is a bad thing for Ethereum. They'll always be needing ETH later on when they want to test dapps (and they will always be using Ethereum for mature platform testing). And if all projects use ETH platform to launch, so be it. One day when 2.0 is good enough they may just decide to stay and not migrate.

I really don't see how migration is a bad thing or how it is related in any way to ICO reputation.

yeah right, I think all ICO programs are successful because of the good development team. and most ICO programs today where the development team is dishonest, they take the opportunity to get rich in an improper way. yes, they took away project funds that should have been accumulated for the program development process. my friend is one of the victims of the scam team, he experienced it twice and who knows where his money was taken away.

Team and developer background One of the important points for the success of a project, if the developer does not have a good background or does not have a positive experience in managing the previous project, I doubt that. in this case it is true that bad developers cannot run their programs correctly.

more than bad developers it is market slow down which caused most of the coins to see 98 drop down in prices hopefully with this bull run we expect ico prices to come back

the fact is that tokens that cannot be developed properly will end up being junk, because I also have the same token generated from the ERC20 platform and it doesn't even have a sale value. At present the ICO reputation has been destroyed and many developers have abandoned the projects they have run.

the platform is not to blame for this, and it is very precise, that all projects depend on the strategy, and the skills of the developer in running the project they founded. Well, there are many things that affect it, one of them is a lack of experience and a weak team.

many projects have things like that and make ICO look bad. maybe some ICO errors or the definition of a successful project can be seen in this article.

https://applicature.com/blog/token-offerings/ico-success-or-fiasco-mistakes-that-matter

however, a team that has good concepts, experiences, strategies, and responsibilities will make ICO better.

Especially the deployment of Ethereum based tokens. Scammers have used the already existing Ethereum blockchain to deploy countless scan projects. I think this thing should be regulated to curtail the rate of scam going on. Dapps can be verified before they get deployed on the blockchain.

Scammers are increasingly discrediting the Ethereum platform for smart contracts. Already for many people the word ICO is associated only with scammers rather than making money. That is why so many investors began to attract those projects where the possibility of fraud is reduced to almost zero.

If after a year and you have been scammed you are still investing in ICO, you have yourself to blame, you are not learning how to distinguish the right project to a wrong one, if you cannot distinguish a good project from a true one, then it's better to not invest in ICO anymore and just concentrate in trading or investing in old coins.

The good old days of ICO you tried to paint here was the pre-2018 years. I witnessed a bit of it and that was a period most ICOs gave great ROI. There was hardly any coin that got listed on the CMC at that time for less than $1, no matter how lowly it was sold at ICO. It was a glorious time before fraudulent devs and their teams spoilt everything. It was this era that even gave rise to the market hitting above $800billion in cap. I am sure some people here don't even know there was a time the market got to that level, seeing it now at below $300b.

That's right. Bad developers ha e their own negative roles but theirs is not as bad effects as that of scammers that conduct ICOs to dupe unsuspecting investors.

I agree that the failure of the project to reach the target roadmap is the responsibility of the developer team. A lot happens after the sales of tokens reach the target, the developer team starts to not focus on the project and fails to produce a product or even starts to leave the project and create a new project with the aim of raising more funds

In fact it is very easy to generate tokens on the ETH series so anyone can issue their own coins, which is why there are many junk and scam projects. I think we should not invest in ICO at the present time.

I agree with you on the idea that the process of creating smart contract is very simple which has increased the number of abandoned projects, but I doubt if people still invest on ICO considering the nature of the market and the influence of fake projects.

we  often to see developers team only focus on fundraising, and they forget how to achieved their roadmap that already planned before.and when investors start leave them many complain to them, unfortunately they didn't give positive reponse to their community and even banned them in telegram group channel.

I think it is not like this, new projects such as ETH now a day need a lot of dev work and money to spend, and create token in ETH blockchain more easy and less costly.

Those developers were never meant to be good in the first place, they are just after the money like you said, and that is why some people are now turning the system to scam people, but I would not only blame the developers also.

I know that the platform has been designed to accommodate everyone because it is a decentralized system, but now that we have this situation, are you saying that ethereum cannot bend on their policy if they don’t bend on their policy or technology, they will lose their respect and relevance to binance chain that is doing due diligent before accepting any project.

I also blame the investors too who would not take their time to investigate a project well before they commit their money into it, many investors’ rushes into investment a lot.

in this case I think some investors still invest in ico but if the ico has a good working map and the products they offer are already on the market. so the risk is smaller because the token is already listed on the exchange. on the one hand I think investors know better what they have to do to avoid loss.

Many people are already disappointed with this kind of scamming practices, and it is the reason why many of the good investors are no longer interested to show support from any new projects that is being introduced. Developers are the most important part of any projects. Without their real interest with their works, then there's nothing to expect but being a trash and the project will die without any support from the industry.

The erc20 network platform is very vulnerable. I mean, someone can easily access or create their own token through this platform, but what's difficult is developing it. so there is no point if they make tokens but cannot be developed properly it will become junk tokens, so the essence of this problem is actually true that the developer is the main role in a project while investor funds are also important, because without investor funds the project cannot be built accordingly with their road map.

if the project has a good team and a strong developer, then they will definitely find funds for the implementation of their project.

I must agree with this.. those project are develop by those fraudsters.. the project is still there but those people who develop or founded it vanishes like bubble.. they make the ICO's as the gateway for their scams..

the problem is that in this market a lot of people are not smart investors and they don’t know at all what they need to do in order to save their money and increase it

I agree.  You are completely right.  Because there are a lot of people on the market and most do not even know what they are doing here.  I'm not talking about how to invest smartly or analyze something.

You are actually right and very correct with your conclusion about the developers. The greediness of most developers caused what happened to ICO, most of them are only after getting rich quick without proper planning for their projects and after getting funds from ICO, they disappeared and causing pain for their investors.

It’s not only the “bad developers” who are to blame for the fact that the reputation of the ICO is spoiled. Do not ignore the fact that most of the investors did not understand the meaning of the project (I mean projects that carried out their ISO until 2018), but simply invested in everything in the hope of big X. And everyone knows that it turned out :-\

all cannot be the fault of the developer. because every project has a different problem. the mistake of a greedy developer and just looking for his own profit is one of them. it indeed makes more and more garbage projects available, and many investors are deceived by this problem. really unfortunate.

The best example is Miracle Tele. Those guys created a good company, but misunderstood blockchain. They thought that buying tokens from P2P exchange is illegal and this caused a lot of problems, right now they are very closed to shut down, because of devs mistakes.

While I put the blame on the developers and scammers that have given a bad reputation to icos I will also say that those that invested in those projects were also at fault, back in the day when people were excited about investing in icos as long as a project had a website, a whitepaper and they claimed their coin could surpass bitcoin that ico could raise millions of dollars with relative ease, now ieos are replacing icos as the standard way to raise funds but it is my opinion that the same will happen again and in a few years no one will invest in ieos either.

yes it is not entirely wrong of the developer, but the factor of the developer is very large which makes too many ICO SCAM and more and more people are starting to distrust the new ICO project.

Too many peoples wants to get quick money, used ICO to scam peoples and steal the money.
That is the reason why ICOs nowadays are not going too well.
Most investors prefer to investing in IEO on trusted top exchanges because it is safer.

I think we can't blame the developer for that... ICOs has a great start, the idea was nice, but the problem came with there was thousands of ICOs and people realize how the 90% of them ends in a scam. 

That scam doesn't mean the users get scammed by the developer, the tokes already do what they say on the white paper, but the owners decide to run with the money, that was all.

Actually not all project that become shity are scams  ,because you know sometimes when market is so stagnant developer and team behind were struggling also . And sometimes they all give up on the circumstances because of being had more problems. So we cant blame them unless if in the first place the project had no progress like other scam project.  which we can say it's totally a scam. Actually we can compare it with EOS wherein as of now still very low unlike on their  the first round.. So it all depends ...

This situation may change soon. I am waiting for the Ethereum 2.0 update to see innovations and a new format of cryptocurrency wallets. I think that it will be implemented as Vitalik Buterin promised changes in this sector. But I disagree with the author of the topic. Cryptocurrency society was shown a very good opportunity for development and earnings. The developers are not to blame that humanity is ready to deceive everyone. 8)

Most developers do not fully understand crypto. They only have good ideas, but those ideas are limited to ideas without you not having created them. Investors should now be diligent when they want to invest in new projects, because most developers only have an empty idea without your action.

As we all know, more than 80% of ICOs are scams. They create their platform or ethereum and take advantage of bounty hunters to promote them. However, there are still some safe ICOs, but they are not raising enough capital needed for their project. The fraudulent ICOs have lost the confidence of investors.

yes,the problem is that investors have lost confidence in the ICO project, many investors hesitate to invest in ICO because ICO cannot work well. bad team reputation greatly influences the development of a project, many investors are now turning to the IEO project.

when there are bad developers on the ICO project, of course, the project will be very difficult to get funding. even though the project has a good concept, it will be very difficult to gain investor confidence if their developers do not have enough capabilities.

with works on expertise as the field of strategic partnership and the development the work with the extras on tasks with the crypto finance helps of offers for investors to gains with benefit on referring funds on coverage as the supports on developer to work on completion of projects with the startup plan.

projects managed by experienced teams will certainly produce good results and bad projects because their team's reputation is bad, in this case the key developers of a project's success. if developers care about their work maps and don't cheat because of money, the project can run correctly.

Yes, you are absolutely right! I think that greed alone has created more dirty stuff than all other crimes put together!

I totally agree with you. I miss those days of ICOs run by legit developers with platforms that are unique and have a practical use. Today it is very hard to invest in a very legit project that even gets launched in the market. now you really have to have deep knowledge of every ICOs as scammers are becoming smarter in conning victim investors.

Most of developers nowadays are only focusing to get rich and it is the reason why many projects are failing. The greedy developers are the reason why the ICOs gained bad image from the public.

I think blaming only bad developers is wrong
We need to blame greedy investors too; who because of profit invested in a scam project; dumped away at first sign of listing.

If investors can ignore quick profits and choose the right projects; bad developers will reduce drastically

Scammers are smart enough to make people fool, they act like real and legit but after raising the money they start showing the real face. Most of the ICO have no technology or a vision except some words on whitepaper! 2017 was the golden year of crypto and many big projects came but what happened then? Most of them are dead already.

Yeah i think it's all because the ponzi scheme that made ICO image is bad.
Some get rich very fast because of HYIP coins and and some get rekt.
If only the developers and the investors mindset is wanna grow the crypto environtment in the future maybe one day there will be many new good project

Erc20 is the basic platform for all and no doubt one of the best in terms of tokenization. I am sure, eth network knows that their paltform has been used for illegal and scam activity. I think they probably setting or upgrading their platform to a mote secured one in the future. Before, it is massively used and until now many still used their platform since its easy to create tokens. The SEC monitoring potential threat and scam projects but they cant stop the people from doing it since there is no solid ground or rules for it.

The idea about making a token for a project was a novelty but people took the idea as a cash cow to make a ton of money in a short period of time and that is what happened in the market, all the projects that started died off and they collected billions of dollars and the many scams that looted the money after the initial period and running away with the money was a common scene in the market and now there is no one trust that trust the ICO market.

The idea that makes sense for them is to reap as much profit as possible.
ICO's heyday has ended because of the stupidity of developers like this. Many legit projects have been affected by this negative effect. Which has been embedded in the minds of investors that ICO is a means to find quick profits for developers and runaway after that. So why we should put our money here!?

There are coins where they hired guys that are still in university and still studying...I mean its okay as the guy has experience into blockchain domain but when he is still learning and gets hired by a project to code tell us that the project doesn't have the necessary budget to develop the coin to high standards.

Developers play a key role in a project but the problems come from the CEO and CFO who don't want to spend a lot of money to pay them and they simply hire devs without proper initiation into the blockchain zone no wonder why many left and they have trouble to hire others and when they hire they wake up that the hole code is screwed and they need to hire a pro debugger in order for the project to continue. Poor management leads to project to be put into the dead zone or waiting zone...

Due to the hyped of ico's that year, those legit ico's lost in the track by those scam ico's.  They have collected more investors because their project seems to be legit.
These ico's focused more on collecting funds from their investors and disregarding their own plan to the project. Making the ico's look bad in the eyes of every investor in the community.

Despite the risk of ICO, many crypto entrepreneurs blinded to continue in acquiring the advantages of this trend. That’s why it attracts many scammers, financier joined to invest a huge amount of money toward an approximate altcoin and realizing it in the end that they invest in a deceptive and fraudulent token. Sad to say, day by day it increases the number of victims of dishonest schemes. Even the well-experience investors fall into this some mistakes.


SEC is now moving for some legal actions for the developers and the endorsers of ICO.

Unfortunately, the majority of crypto projects are aiming only one goal, to make the devs rich. If you mention, that team members are starting to save on everything,  sell your tokens as quick as possible to save your funds.

In my view it is nt bad developers which tarnished ico it is bear market and up gradation of technology ico coins got efforted badly

Why did the ICO become tarnished? Because everyone has the opportunity to develop their projects and that opportunity is used by a number of people. Even though the project developed was not going well. Previous investors had trusted the ICO and now that trust has been lost. ICO is also no longer trusted.

No i don't think it is wrong at all, i think they are the root of the problem why we have so many failed and scam ico's in the market, you can't seriously be blaming investors on this now, bad dev team are the ones going about lunching and marketing fake project and looking for investors to support their idea, whats wrong with people trying to invest in what seem to look like a good idea to them? how can investors be blame for this, nobody will knowingly invest in scam project, this projects always turned out to be fake after you have invested, quick or non quick profit has nothing to do in this situation, any fake or scam project already came in the market with one goal in mind, some of them don't give you time to take profit at all.

Agree,  that 2017 has many good project i see many investors earn 100% or morethan that investing in ICO. But things change in time and many greedy people, i will not called them developer since some of them only hired developer to create them a token and use that to make there own project.

ICO developers are not left alone to blame. Investors who are carelessly investing in scam ICOs without wvwn reviewing the project and the team's credibility should also be blamed. Not to mention those investors who are dumping their tokens or coins once it gets listed. This lessens the market value of the token, thus making the development slow or even stagnant due to lack of budget and support from investors.

It's too easy to create some token with ERC20 blokchain. And this is the saddest and greatest part for this technology. Saddest because any one can create their own token and they can easily scam you. And many scammers take this chance and scam lot of people. In my opinion It's better idea to create token/coin of their own blockchain technology now.


I agree with you. Many projects team don't know how to use blockchain, how it works and how the concept/idea will help regular people. They just create some token and try to make rich theme self (not all of them). Even you can't find any project team or dev after the token sale. It's seems like i got my money now bye.  ;D ;D

This happens with most of the project as investors tend to invest in the scam projects just by going through the convincingly themed ICO website without even doing proper investigation as most of the ICO mention name of some big MNC as their partners just like that to attract the investors,  there are some cases wherein bounty users dump the token once they receive it as I have seen this with well know project like policy pal wherein the investors has to take the brunt.

It depends on how good the investors doing research about the ico that they want to invest. Many ico project is still good they just need opportunity to grow and i'm sure there are some new project like ethereum's success in the future

Well everyone who was involved in cryptoworld has become accustomed to this kind of dilemma so project owners must expect this to happen and should have a concrete plan to achieve success on their own project but it is difficult to avoid falling the value of their coin. ICO have passed and developers are creating a new way of marketing strategies to invite more people in crypto but still scam projects also growing.

Of course, bad developers are to blame for the tarnished image of ICOs. These bad developers tarnished the reputation of ICOs through their lousy works which had no unique features. Most of the works were just repetition of existing ideas and products of other project. Others also lacked the expertise market the project to attract more investors hence ending up failing.

Not all projects are perfectly made or will be perfect just like how bitcoin still lacls in some areas till date but this is not the problem that affects ICO, its not about bad developers but scam ICO projects, scammers are to be blame, lets just forget about ICO because its never coming back, investors have lose interest in them

The past developers tarnished the ico because they scammed many investors. They only focusing to earn money and that's why investors are always experiencing losses. There are now only few icos that becoming successful.

In every corners of crypto space that i look i always feel like  some sharks are waiting in the dark to take a bit out of me, i have lost too many money to ICO scams, if crypto will ever move forward and become the best tech scammers needs to be erased or dealt with strictly if not crypto projects will always lack trust issue from investors

Here you only need to blame yourself, not the developer and other people, they earned as they could, while the market is not regulated, this can be done without risks

The successful of a project takes years to achieve and right from the beginning of every project's life challenges will arose, my question is how will we know which developer will be fully ready for this? developers are humans just like us, they can succeed or fail and we investors are only investing not on the project itself but the developer, if he exit scam we lose, if he fails we lose and if he succeed we all win

Now it’s much more difficult to create a suitable project and raise money for it, because the cryptocurrency market is in a bad position due to a long fall that has been going on for too long and due to the fact that ICOs are now not successful, also too many companies are trying to create exactly that product that has already been created before and works successfully and this is of course the biggest mistake.

Bad developers whose purpose is only to deceive has hurt the cryptocurrency market by undermining the confidence of its investors. If this continues, investors will think that the cryptocurrency market is a place of fraud and without any action. Hopefully the regulations can be issued soon so that developers who have short-term goals can be punished

The platform has nothing to do with it. The people themselves brought to this, everything gets away with scammers, because of this, and has grown SCAM. Now more than 80% of ICO is a Scam. If someone starts to control such projects then the time will come for reliable working products.

not just the past developers even the present ones are still in the scamming game, this is a free market where anyone can come to exploit people freely and work away, the biggest blame goes to the developers follow by the investors, most developers don't have interest in the project they create, to them it is all about the money, but some investors will trust this devs enough to be willing to invest, now they have lost the trust of many investors, people hardly invest in new project,  even the scam ico's are finding it very hard to raise money.

Correct, the fate of any projects are in the hands of the team, developers success will also the success of it's supporters. We can't change then fact that it's our responsibility to be aware from every possibilities that the developers have to offer. How they work will reflect to the project itself, if they succeed from the work they offer every followers will also experienced the same thing. It will bring benefits to holders .

The majority of devs, teams are trying to rob investors. Unfortunately, statistics do not lie, just look at the amount of scam projects and how much money was stolen from investors only in 2019. This numbers are unbelievable.

If the developer team is able to fulfill what is in the roadmap and in accordance with the whitepaper, investors will surely survive and there will probably be new investors. But many projects are left by the developer team so that investors do not believe the product can be produced in accordance with what is in the whitepaper. Projects like this that traumatize investors to invest in new projects

Bad developers or scammers? there is no bad developers only scammers, my friend. scammers disguise themselves in the name of developers and used the ICOs as a medium to steal from people. they called themselves developers while they outsourced everything from whitepaper to site development. Once the ICO is finished they runaway with both investors and hunters money 8)

The real fact is that most developers hide behind the flexibility of the ethereum blockchain network and bring out trash. It is not surprising that most of the failed ICO projects  especially those that were designed purposely to scam investors  were dominated by projects that made use of ERC- 20 tokens.

its not the developers have no knowledge about crypto, its totally pure they just came to ICO for scamming people.
they using it , and make crypto more badly, and of course they wont care about it.
since creating some ERC 20 tokens not hard enough, they just need a stupid language on their whitepaper and create a 3d photoshop for their roadmap and they completed at basic,now they just go to last step,and that what us call "project".
for example : total ico raised 1mln usd,
so they just pay 500.000 usd to some exchange to list their shitcoins and they got a half of ico raised,+ token their have from shitcoins allocation.
so basicaly, they just have plan for failure and got the money.

I blame developers, because it's their responsibility to run project properly, but they only focusing to earn money and totally scammed investors. There are still exist some good ICO project, but it is really hard to attract investors as "ICO" is now synonymous for scams and failures. I hope IEO will change this situation.

It makes no sense to blame anyone. Everyone does what they want. This is our reality.
In ordinary life, there are also many failed projects for exactly the same reasons that you listed above, and so what?
These projects, bad ideas, weak developers will leave the market by themselves when it becomes clear that like models just do not have the right to life.

Yes, the downfall of ICO's is these fake developers, bad actors. It is very easy to create some token on Ethereum network, you can easily copy some projects smart-contract code. Are you familiar with Selfdrop smartcontract, you will send some eth on their address and you will get the token automatically depending on the amount you invest, these are very common scam motives last 2017-2018 and ruin the name of ICO.

You are right. Developers and project owners are to blame for the ICO market dead. No ICO projects are not making success anymore! Most of the ERC20 based tokens are being shit or scam! For their bad move, ICO market has been died badly!

Developers with the motive of defrauding people through ICO are one of the reason for the mess that we see in crypto. It Marvel's me to see that someone will float a project to fail, instead of building to consolidate investors capital. Also, the Ethereum blockchain made it easy for the creation of tokens. This has reduced the reputation of crypto, and trust on genuine projects.

So many fraud/scam ICOs was in past 2018. It is a cause why more then 90% ICOs unsuccessful. Nobody wants to buy shitcoins for doubtful promises. Even altcoins from top 20 lost much of cap in last half a year. I think ICO time has gone forever.

Developers who aren't doing their job to protect the project they embark on. But many of these developer's are just there for scam and not to get the job or project working. I have participated in many ICOs, they all but with few exceptional within the industry. Also, lack of funds contributed to many of these ICOs project where not really utilizeing. Some project I have seen from two years back,  are some project attempted

They have sacrificed the reputation of the industry just for money. It really makes me mad to think that there are some people in this industry that only cares about the profit and not the improvement of the crypto industry. Developers are here to create something new, unique, and useful. Yet, most of the new ones I see are just mere copy cats of the older ones. But I still hope that we will able to find new and real projects to promote and use for the betterment of the industry.

That's to be expected, there's always some people that have bad intention in every field of industry and that include crypto. It's all depends on the people who hold their money at the end of the day. If you compare to IPO it's actually no different, so many fake company is making IPO and exit scam after the funding then the stock will lost its value. These kind of people are cancer of the world but what we can do is just preventing ourselves from being scammed because we can't eliminate them completely because they are simply everywhere.

Why is everyone blaming the developers?After all, many traders and participants of the bounty are to blame for the fact that the price of assets has become very low.Yes, many really only enriched themselves by doing nothing but there are those who really wanted to create something useful!

Indeed, the developers are the key persons why the project fail. But it's not always because they do not have extensive knowledge about ERC20. Those projects are created to fail. They were developed just to raise funds and then after days of dancing in this circus, those clowns will run away with the investor's money. They really did a number in the reputation of alts and the impact of what happened last year is still fresh in this industry.

I think slow devs and lots of scammers out there have actually gone away with most peoples money so actually those things all combined makes a huge problems for investment into crypto maybe when there is some regularization and then investors might reconsider high investments

It is really up to us and only us to blame for falling for this. If a scammer has no place to scam the scammer will starve. Don't make yourself into a victim for these people. As long as new people are clueless and greedy they will exist. If people thought harder then there will be almost no scams since noone would fall for them.

Because developers are supposed to run a good project, but they are the first one to take every investment of their investors. They ruined the reputation of ICO which become the reason for investors to lose their trust when investing in cryptocurrency. They just created a project for their own benefit without thinking of the possible things to happen and its effect in the crypto market.

Bad developers have tarnished ICO, they can't trust with what have promised before their ICO launching to the public, after success their ICOs never give respond when coin listing on exchange market and get higher price after listing. But now when ICO success delay is dev ico goal to make investor frustrated with their investment and left ICO, but when listing price lower half lower than ICO price.

This is the bad side of the ICO project, developers are not always good at improving the quality of their projects so that products that have been successfully marketed in the market do not have much demand. Automatically, when the demand for a product is very low then the price tends to be cheaper. I think this is what now makes investors no longer interested in ICOs, and maybe they will prefer IEO as their new investment destination.
10% of the ICO price is a very difficult price for investors to accept, if they sell tokens + bonuses received then I don't think it will return the capital issued.

Many people nowadays are not trusting the ICOs anymore because the most of the developers have tarnished it due to theur greediness. Actually, there are now few ICOs that are good in making investments.

Even with bonuses but when the value of the token after being listed will fall up to 90% of the ICO price then there's nothing left interesting for the investors. It will only disappoint and push them away from this type of investment, developers who wanted to continue doing this business needs to step up and bring something new to the market.
Developers have a lots of work if they wanted to succeed though most of them who's showing now are after the benefits, there's still some who really concerned with the success of their product.

The real problem today is the ease of creating a token. It must be said now 95% of tokens end up forgets with a volume close to $ 0.
Investors have noticed and stopped investing. Which does not benefit the serious developers and the participants of bounty

We should also sympathize with them. all of them are just start ups and they lack a lot of experience. That is why investing in a project takes a lot of analysis and time for it.
But the current situation of ICO projects is reflecting the figures of the world. that's 90% of start ups fail and projects in the crypto market are no exception. so we should be really serious about investing.

A part of the blame should be reserved for those who invest in these trash projects. If no one invest in these shit projects, then why should anyone try to come up with such ICOs? I was really surprised to see people willing to invest in really trash projects, with hardly any future potential. It makes me wonder about the standard of the cryptocurrency users.

The Ethereum ICO of 2015 should be taken as a benchmark case. When they went ahead with the ICO in 2015, most of the development was complete. And the ICO was priced competitively, with the hard cap set at $18 million ($0.31 per coin). Now compare this to the current bunch of ICOs, many of whom have hard cap above $100 million. And surprisingly, all they have is an idea, with the development work still in its infancy.

Therefore, for now it is very difficult to find potential projects or arguably good projects to invest in or participate in because some developers only want personal benefits, when they have benefited they will just leave it. So many of us feel that what we are doing is futile and unlike a few years ago when ICO was still a very good place to make a profit.