Scammers ruin ICO fund raising

[cizatext]

If ICO wasnt been plague by scammers acts ICO will way better than IEO, ICOs are programmed to run on the projects very own website and no any third party involvement at all so any fund raised will go directly to the dev or project team, no loss of funds to scam exchanges,after some successful IEO fund raise on some exchanges they dont bother to send the funds back to the project teams

I totally agreed with you, with the involvement of so many scammers in the ICO market in 2018 they damaged the image of the ICO market and in such given the chance to the coming on bord the IEO market but in joining this new market one must take the time to look out for a reputable exchange to invest in their IEO if not you lose your found in the process.

[globalking]

yes I believe that the main thing for ICOs downfall is scammers many people have lost their money and trust in ICOs

[bison]

I think ICO is not really good for us. Investors are dependent on the platform they provide. We do not have any certainty about that project. Here I only know that looking forward to luck.

it all depends on how the developer designed the ICO for their project properly. we know that there are many scammers who make ICO worse, especially many projects that manipulate their ICO funds. this is a problem that must get a solution. regulations must be made immediately if you want to see the ICO longer and continue to gain trust.

[fileo]

Scammers seriously damaging businesses.

They are big impact to put down the project.

No more explanation than RUIN.
Hopefully, they will stop what they are doing to rebuild trust again.

[Sirait]

Scammers seriously damaging businesses.

They are big impact to put down the project.

No more explanation than RUIN.
Hopefully, they will stop what they are doing to rebuild trust again.

believe me, we will not be able to stop scammers, they will continue to innovate and try new tricks to steal other people's money.  all we can do is more thoroughly and more carefully look at the ICO / IEO project that we will choose.

[SistaFista]

Indeed. ICO fund rising was very great and done successfully before year 2018, but after many scam projects appeared, it is ruined.
Thanks to that, there are only few success ICO or IEO nowadays. What we can do as a community is to prevent scam project raising their fund,
so cryptocurrency project will gain back the trust from investors.