What Is Ico and Its Uses

[raidarksword]

Initial Coin Offering has lots of potential back in the day but it was also targeted of many scam projects that investors lose faith of many ICOs few years ago and it's a frustrating that crypto was being used for such acts. Good thing IEO was there to earn investors' trust back and it's more secured and most successful crowdfunding ways to all crypto projects.

[Twinkledoe]

The best use ever found for ICO is to finance the lifestyle and travelling of people who otherwise would be living with the mom on a caravan. Anyone who has been around for a few years in crypto understands perfectly what I am saying. Teams that are fake, team that do not stand any chance of delivering the promises, promises that no team ever could deliver, exit scams. The profit stats will not tell you of the many millions lost to fraud in telegram or the annoying reality of the whitepapers versus the reality of building a crypto. So many famous ones that I cannot even start to number them.

I understand what you are saying here. So many got burned from those ICO projects. I even had invested in one of them, and lost about 0.3ETH at that time. The value was not that much before but with today's price of eth, I can already buy a lot of my basic needs. I don't know why the OP posted about ICO, but this has been dying already. Very few people are now interested in ICOs, unless the project has backing of big companies.

[Atang Sulaeman]

ICO introduces new coins in a crypto to attract investors for development and financing, sometimes in an ICO there are also fake ones that only take advantage of investors who consequently make false losses, and some are successful and make everyone who jumps into the ICO it has its advantages, but not everything goes smoothly sometimes many find themselves stranded in the middle of the trip.

[iamankit]

Another issue with ICO’s is the security of coin–roughly 10% of funds raised through ICOs between 2015 and 2018 were lost or stolen via hacks, according to reports of a leading consulting firm. Coin Dash was a classic case where fraudsters stole $7 million. Such thefts are just the tip of the iceberg, a broader conspiracy theory states that hackers have stolen more than $1.3 billion through Fake initial coin offerings. Now IDO's are trending.

[desticy]

Surprised that in 2021 someone else is writing about ICO, platforms for which, ummm, are almost gone or not at all?
Even a coinlist is a stock exchange, since IEO will be held there, not ICO.
The ICO is dead. ICO is not safe, IEO at least guarantees subsequent listing.