Successful ICO becoming failure for investors!!!!

[Prodigan786]

Being crypto investor , blogger , Criticizer for a year . I found some fact recent successful ICO failed to  give profit for Investors
1) White paper , Websites and explanatory videos are just becoming the wrong promises . Lots of ICO'S showing colourful dreams .
2) I dint see even a single ICO'S explained about the competitor in particular industry . How they compete with them . And what kind of solution they are going to give using blockchain technology compare to traditional system
3) Most of the ICO's Failed to meet the roadmap . even some are never bother to give progress to community

Now i will come to some actual facts apart from above mentioned normal facts
I will take example to explain this
Projects are collecting fund by showing some supply lets say  1 billion of token
They hardly able to sell around 100 million token worth 2 million dollar
Here the trick comes
They got fund to list coin in exchanges . Finally they claim 80% of the coin sold . that means they are having 700 million token in their hand
Initially they start to pump using these ICO fund . By giving lots of dreams by announcing release in next week or some event and they will make some deal with exchanges . They start to dump remaining 700 million coins slowly .

Here the awesome strategy is they trap people using peoples  money .Isnt that awesome

[IamAltcoinfan]

One of the hard truth i heard in recent time . Yes most of the ICO are using the strategy as you said they play with peoples money to trap them again . But not all ICO's Some good ICO already having business models and MVP already running you should consider that also . But yes i agree most of the succesful ICO happened in 2018 failed to give profit to investors.

[Ostonian]

A beautifully described and presented project does not give investors any guarantees that it will be successful. I think that everyone understands that there are risks of losing investments, but still invest.

[1020kingz]

Being crypto investor , blogger , Criticizer for a year . I found some fact recent successful ICO failed to  give profit for Investors
1) White paper , Websites and explanatory videos are just becoming the wrong promises . Lots of ICO'S showing colourful dreams .
2) I dint see even a single ICO'S explained about the competitor in particular industry . How they compete with them . And what kind of solution they are going to give using blockchain technology compare to traditional system
3) Most of the ICO's Failed to meet the roadmap . even some are never bother to give progress to community

Now i will come to some actual facts apart from above mentioned normal facts
I will take example to explain this
Projects are collecting fund by showing some supply lets say  1 billion of token
They hardly able to sell around 100 million token worth 2 million dollar
Here the trick comes
They got fund to list coin in exchanges . Finally they claim 80% of the coin sold . that means they are having 700 million token in their hand
Initially they start to pump using these ICO fund . By giving lots of dreams by announcing release in next week or some event and they will make some deal with exchanges . They start to dump remaining 700 million coins slowly .

Here the awesome strategy is they trap people using peoples  money .Isnt that awesome

Yes you are right, before i wonder why ICO’s failed to give me profit. But in your explanation i clearly see what they are doing in peoples money, aside from the whales that can manipulate the prices in the market, these devs are also joining this manipulators of prices. However not all ICO’s are like this, some of them is successful because they kept their promise.

[mpufatzis]

It sounds realistic and I think it could be true, but I have a question:
If the company claims that (let's say) 80% is sold, is it possible to check it somehow?
By examing the smart contracts address (checking the money collected )? And how?
It is supposed that the unsold tokens will be burned. Is it possible to trick the smart contract?
Can an experienced developer read the smart contract and find out the fraud?

[Herlina]

Being crypto investor , blogger , Criticizer for a year . I found some fact recent successful ICO failed to  give profit for Investors
1) White paper , Websites and explanatory videos are just becoming the wrong promises . Lots of ICO'S showing colourful dreams .

Therefore don't invest your money into projects that have only promises at least look for projects that have MVP / platform which will be developed later, although that doesn't guarantee the success of projects but at least investors are not just getting an appointment

Now i will come to some actual facts apart from above mentioned normal facts
I will take example to explain this
Projects are collecting fund by showing some supply lets say  1 billion of token
They hardly able to sell around 100 million token worth 2 million dollar
Here the trick comes
They got fund to list coin in exchanges . Finally they claim 80% of the coin sold . that means they are having 700 million token in their hand
Initially they start to pump using these ICO fund . By giving lots of dreams by announcing release in next week or some event and they will make some deal with exchanges . They start to dump remaining 700 million coins slowly .

Here the awesome strategy is they trap people using peoples  money .Isnt that awesome

I think it's like an indication of scam... Maybe many projects do this because most ICO is scam and scammer will do various ways to trap the victim

[AlekSandRAx]

While your theory seems possible, some proof to back up your arguments would be in place. As long as you have no solid evidence, this is only a speculation.

[qazgroup]

I think you have perfectly described the game of low quality and fake projects, some people also call them pump n dump coins while others call them shitcoins, i think we should stay away from such projects and only trade the legit ones.