Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
You're right! It is important to remember that any investment is a risk, and investment in cryptocurrency, in this case ICO, is an even greater risk. The fact that scammers learn to be better makes it clear that even market regulation will not help get rid of fraudulent projects forever. Of course, you need to try to identify fraudsters, and also do not forget about the risks of investment. |
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Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?
Of course, what you are experiencing, like all of us, for participants in the bounty companies, is the result of the poor work of the project administrators who conduct ICOs and even some IEOs. But that means looking for a replacement? Personally, at the moment I do not see a worthy replacement, of course, if there are any, I ask you to write about them. I believe that the maximum that we can do is simply help identify fraudsters and tell the community about them, as well as do a more thorough study of the project in order to get it out for participation. |
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For Bounty Hunters
Even if i advice you not to give up on doing researches on every proje ts before promoting them this doesn't mean they wont scam you or waste your precious time BUT still the only question you need to ask is, Are there bounties that pays hunter good rewards this year? YES they are very few and good projects take time, Do not expect good projects every months cos its impossible
For Investors
ICO and STO are no go side, stay away from them because they are almost all red flags, IEO is here for you and all you have to do is go to binance for any new upcoming IEO fund raising, you will get positive results
Your advice is good and necessary. Indeed, the market this year is as bad as last year. For participants in the bounty, one still needs to try hard to find a worthwhile project, although even worthwhile projects now can simply be tricked and deceived. The only thing that holds in this area is the hope for a better future. For investors, the situation is even worse. You write that ICOs and STOs need to be avoided, but IEOs have also begun to behave badly towards investors. Sometimes it seems to me that now the whole crypto market is under a lot of manipulation. |
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Have you heard of ICOs with multiple rounds? Like they raise a certain amount of money now, use that money for primary aims and goals, and then a few months/years down the line (as part of their original plan) launch a second round to fund additional goals and further project development? Just wondering if this is a thing, if so please provide me with some links to projects that have done so.
Now almost every project spends how many rounds of ICO. In principle, it works like this, the first round with a big discount or bonuses to attract part of the money well and see how the community reacts to their offer. Next, the next round starts, which has less discounts and bonuses. However, there are such cases, especially now, when fees are going badly and projects are making more and more rounds in the hope of raising funds. I am worried about the fact that project admins set unrealistic amounts for soft cap and hard cap. Of course, I understand everything that the more money the better, but for such money as they want to raise, you can do a lot of things, but in fact, every project turns out to be a dummy. Based on this, I can conclude that a few rounds of ICOs are just an opportunity to raise at least some kind of money. |
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I'm seeing a lot of posts and top-lists with the best crypto games lately. At the moment theres a huge selection of crypto games online starting from simple casino slots and finishing by shooters, 3D action, and exploration games. I see a lot of promos, articles, etc, but I never heard of the efficiency of those games for their users. Take this top-5 for example. Does anyone even play it? Are you doing it for fun, or is it really a profitable way of earning crypto? How relevant are blockchain games and is it possible to make any profit on them? By 'making any profit' I mean an alternative to trading, mining, etc. Share your experience. From my experience there is one story of my participation in promoting the UnicornGO game, can anyone remember this. It all started very badly, beautiful design of the game, unicorns were chosen as the main characters of the game. Everything was going well and by all criteria the game was supposed to start and get success. However, this did not happen. I mean success. The game started, but something went wrong and those who invested in the game, played it and could not earn, but only lost. Why did this happen? I believe that this is a flaw in the administration. At some stage, the views of the team members changed and no one needed the game. I believe that this awaits most of these games. Why is that? I myself cant understand, perhaps the adminss greed for money, puts the game itself in the background, or even in the third plan, where the game dies. |
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Before investors are everywhere in crypto currency specially mid 2017 but everything change
Ico's started to boom in the internet, you can choose a lot
of ico that you like, but then started to change , there are ico that are scam, running with investors money in a snap, lending platforms also can be seen, the same happens they suddenly disappear
we have already have a very good market if there are no scammers
they change everything, now investors are so hesitant whenever there is a new coin that are good but they opted out because they think its a scam, I think we should find a way to lessen or better eliminate them for good.
You're right. It is all the fault of fraudulent actions on the part of project administrators who conduct ICOs and even IEOs. Most likely, most of them understood that you can simply create projects, conduct ICOs or IEOs for them, collect money, but not fulfill the conditions and tasks that you yourself have created. Of course, an investor seeing this all just leaves or simply does not want to invest. How to increase investor confidence? It seems to me that you need to completely change the structure of projects and pay the team money only when all the conditions are met. Also, the regulatory option may affect improved investor confidence. |
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To the ongoing Bull trend of Ripple (XRP), It is likely to gain 90% more to the current price of $0.2897 USD, with 0.00003475 BTC in terms of Bitcoins. XRP is more likely to push upwards and predicted to beat Ethereum to take its place and be ranked #2 in the cryptocurrency market. XRP has a market cap of $12,517,129,114 USD with total supply of 99,991,330,383 XRP. The return on investment (ROI) for Ripple has stood at a whopping 4,836.66%. XRP has gained a total of 28% since the end of September and is residing in its trade beneath Ethereum. Read More: https://www.thecoinrepublic.com/xrp-is-likely-to-beat-ethereum-to-get-crowned-as-2-in-crypto-world/Personally, I see no one reason why XRP should suddenly become cryptocurrency number two. All this is just the desire of fans of XRP, but there are no real factors that could affect its success in the future. I studied the attached article and there is nothing but information on how the price and capitalization of XRP behaved earlier. The fact that XRP once got to the second position on coinmarketcap does not mean that he will do it again. I believe that for such a breakthrough there should be significant circumstances, and not just ordinary reasoning. |
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IEO projects on the market today are offering the whole heavens and Earth to investors but we know that only a few of them can be considered as worthy of our money,
This is how i evaluate an IEO
Exchanges
If IEO is launched on Binance, Kucoin, Gate, Houbi, Okex. I always appreciate it. They are promising
Community.
if the community is large and strong this will contribute a great part to the success of the project. Check social medium handlets probably
Project Team.
Team development is important investigate everyone on team list, most scammers uses fake pictures
Whitepaper
I check if whitepaper is plagiarized or not. Scammers simply copy from various whitepaper and use this in their whitepaper. You can do it with various free resource of plagiarism
Of course you are right. Before deciding to participate in IEO, you should definitely study the project and it is advisable to do this according to all important criteria. The very criteria by which you will make a choice must be created by yourself, so that you would be responsible for your actions and decisions yourself, and not shift them to others. Your criteria are quite normal and can be an example, but even all this cannot 100% grant you any IEO that you choose to participate will be successful. |
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There are many scam tokens in the market and more and more scam tokens are getting into the markets now a days. Creators just spend 30$ to create the token and just drive a marketing campaign and earn millions. Neither these tokens are backed by any commodity nor any FIAT money.
My point is that either tokens should be backed by something (commodity or FIAT) or we dont need tokens.
Of course you are right. Its very easy for fraudsters to create a useless token and try to capitalize on its promotion. However, as practice shows, thanks to the vigilance of the community, fraudsters are also quickly found and charged with a negative mark on the forum. I think this is a very good trend in identifying and exposing fraudsters. It also allows you to study projects more closely and find exactly those that really have a token or coin binding to a product or service. However, the availability of a product or service also does not guarantee 100% that this project will be successful. Other factors are already influencing here. |
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I feel cheated ... but the fact that every project that promises or claims tokens will eventually increase at a very high price is just nonsense ...
in a statement on the road map they promised to use project funds for further product development, but they were only trying to take advantage of the investors' black money ...
what they have to do is develop their product further, not just start doing it or say all the sweet promises ...
maybe it's one of the things they have to reconsider, if their project wants to be successful and the project product can be sold out in the market ...
I hope I'm not mistaken about this.
I believe that projects that conduct their ICO or IEO need to be honest with their community and since all these projects position themselves as blockchain projects, to confirm their honesty, they need to create smart contracts so that these smart contracts block incoming funds from fees on ICO or IEO and could be unlocked according to the conditions. Example, if the product development requires 50% of the collected funds, then they are blocked by a smart contract until a part of the work is completed and after confirmation a certain amount of funds has been unlocked. In this way, the possibility of taking all the allocated funds for the creation and development of the product and spending them on your personal needs is excluded. The same mechanism can be applied to all conditions specified in the projects. In this case, I am sure that the projects will be more successful, and investors and participants will be more protected from fraud. |
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New projects make good news of good things to happen
Are they all right ?
Or are they all just chanting slogans ?
REALLY!!! What 's going on ?
If you know a good project ,NAME IT !!!
I believe that the creators of the projects just want to make quick money. Moreover, cryptocurrencies are now in trend and here you can create fraudulent projects with impunity. Of course there are good projects, but there really are only a few of them. I believe that further this trend will continue, and possibly even increase. Of course, this is bad and encourages the community to negatively participate in ICOs and IEOs. |
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