Yeah.. feels like 99% of the ico's can't, don't or won't deliver.
Why would they.. they can get a new, bigger, easier bag of money for setting up the next ico and doing it all over again.
Sadly, still many of them get funded by the crowed falling in marketing, pr and dubious recommendations... |
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I think the announcement about the ICO/pre-ICO should be publicize at least a week before the scheduled ICO/pre-ICO. This will help investors to be prepared for your ICO. They can review about the project and do some deeper research about everything. A bounty that is managed by a reputable campaign manager sometimes works. If the investor noticed that the project's bounty is managed by such campaign manager then the investor might get hooked about the project.
Thank you! I added it to the list. |
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*** UPDATE***
Changes the TITLE to be better found in search
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If you meant that various new ICO projects gaining idea through Bitcoin have basically came for scamming people. Then, it is true.
Yep! That was the purpose of this question. |
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It's math. Bitcoin is doing exactly what she was programed to do. The rest is human behavior which does not sway her.
That was one of the most straight forward answers, telling the truth! (with out devaluing the others ocf) Strongly agree! Thank you! |
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What you guys think about it? Is it obvious? Or is is everything OK and things going as planed? :-) There are many discussions about Bitcoin and Alt coins per example. Some telling "all" Alt coins are scam, some are still reserved with their opinion others see big opportunities... We are planing to run a ico for our 2 projects https://bitcointalk.org/index.php?topic=2129844.msg21279456#msg21279456 , 1 of them is requiring an alt coin..... and sometimes it feels like walking on a very thin line... I guess you have to really understand that some altcoins are being put to scam people, I'm not saying that you are a scammer, but my point is, if are planning to put up a ICO, just be transparent to your investors so that they will feel confident that you are trusted and not going to run with their funds. I check your thread and there are comments about your whitepaper. So that will be a good start, show them your whitepaper and answer all doubts about your project. Goodluck to your project and wish you success as well. Thank you for the wishes! And we do have a white paper. The post you mentioned, was about the "technical part of the white paper" and as we are in early stage we decided not to give too much info to public at this point. We will regularly update the thread and progress and we will ofc issue a detailed technical white paper when its about time! |
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You see, in the past a scam would never be profitable as it would have never gain traction and support of the community.
times change. shitcoins are not on the 2nd rank of coinmarketcap.com  So, you think Litecoin is a scam? It is a clone of bitcoin, not even the first one.
no, i am just pointing out that coming up with guidelines like this is flawed. there are always exceptions to the rules. and in case of Litecoin, it is not scam, but at the same time it is not really doing anything special either. despite being profitable! Man, it's not minable - it's a scam, you will get to this sooner or later, no offence.
You mean it IS scam in its nature or will be threatened like scam by people? It is scam by it's nature, the numbers are drawn, unreal. Why that number of coins and not 0.1% just? Or more hundred fold? Why not make it minable? Why do miners need to buy the "coin" and not mine it? What is the limitation? I mean you can make the exact same coin and make it minable, but in this case, you can't premine, or at least in past you couldn't, people will throw it in the garbage can. Non-minable coins are just a brand new pyramid, ponzi scheme. Thx for elaborating this and allowing pre-mining contains the same high risk to be a scam. |
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Creating the universe of crypto currencies might have actually been a side effect.
Good explanation! So the hole cryptocurrency world came out of providing a technical solution to a technical problem. There was no "ideology" involved at start? |
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My experience in following the unsuccessful ico, is very disappointing because it's not just a week or two weeks I follow it, but from the beginning before the preico I've followed, almost 1 to 2 months, such as enigma project, which finally hacked by hackers , there is also equi that no investors want to invest, so my advice before going to follow a project, it must first analyze the project carefully
So you are observing chosen icos where you will invest in. Did you ever run your own ico? |
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What you guys think about it? Is it obvious? Or is is everything OK and things going as planed? :-) There are many discussions about Bitcoin and Alt coins per example. Some telling "all" Alt coins are scam, some are still reserved with their opinion others see big opportunities... We are planing to run a ico for our 2 projects https://bitcointalk.org/index.php?topic=2129844.msg21279456#msg21279456 , 1 of them is requiring an alt coin..... and sometimes it feels like walking on a very thin line... In the past, we have seen many examples of the scams by alt coins and there are many dead coins at the moments. People have lost the money who invested into these dead coins. It doesn't mean that all the alt coins are for scams; if you have good project then it could be succeed. Best wishes for you. Thank you! |
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What you guys think about it? Is it obvious? Or is is everything OK and things going as planed? :-) There are many discussions about Bitcoin and Alt coins per example. Some telling "all" Alt coins are scam, some are still reserved with their opinion others see big opportunities... We are planing to run a ico for our 2 projects https://bitcointalk.org/index.php?topic=2129844.msg21279456#msg21279456 , 1 of them is requiring an alt coin..... and sometimes it feels like walking on a very thin line... |
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Hello!
I would like to create a list with tips and tricks for promoting an ico!It is clear that that one of best ways to promote an ico is finding a trustworthy and experienced promoter here in the forum. Nevertheless, as always in life, you gonna need to have a basic understanding by yourself before you can give this very important job to a promoter/manager. * The idea of creating the list came up because I'm currently working on 2 projects: https://bitcointalk.org/index.php?topic=2129844.msg21279456#msg21279456 and (we) are planing to run an ico till end of this year. Marketing & PR is nothing new to us, yet there are some specific points that just apply to ico promotions. >>> As more of you guys participate in this thread as more value we can give to people looking for tips and tricks to promote an ico. List of ICO promoting tips & tricks:(*Made by community members) - If you are new to marketing and pr it is strongly recommended to educate yourself before starting any promotion activities yourself or talk to a promoter/manager. - - - - - - - - - |
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You see, in the past a scam would never be profitable as it would have never gain traction and support of the community.
the value of a coin does not come from its mining. the value comes from its usage. I would like to see more of such non-mineable coins... compared with pre-mining coins I would trust non-minable coins a little bit more. But ofc cannot be generalized, tho. It just gives somehow a plus feeling when checking a coin... duno, maybe just to me :-))) And it is ofc no factor to spot a possible shitcoin tho.. |
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We are seriously looking for skilled and experienced people that see potential in Licensium and Trusted Nodes and are willing to join us. We will offer tokens that will represent shares in return for your services or participation, but we are also open to other paid by success models.
hello what kind of skill and experience do u guys need ? i think i can help u out cheers What kind of skills and experience do you have? You can also send a pm if its more comfortable for you hey just dropped a pm check it out Thank you! I answered to you via pm. I'm currently making a list of skilled people that could be useful to the projects. |
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Yes, the audit of a ico could only work if "reputable" community member would sit in the committee! If there would be only noobs, there would be no trust factor. And the extra trust factor is actually the point of all this.
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Its something basic, but I will add it nevertheless:
- List all your projects that you have delivered previously, if any.
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Would be nice to have a web site that does ICO investigations. The problem is that there are so many popping up daily that its physically impossible for some people to verify all of them. It can take long hours to do in depth research on a single ICO.
a sub-forum here would do.... but the main problem is who will be the people doing the audit, giving the opinon, so on... what model could work to not suffer from corruption... so on so on |
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Well it made me money so i can't complain
Ofc you cannot, thinking only on your own ass and not on the mass of people that will loose money once dev dump the crap! |
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Nice thread, I hope that it can help newbies to avoid scams!  If so I suggest you start chaining your signature... If you are honest with that! |
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