How do ICO's become so successful in just a few hours!?

[isabella01]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

[talkbitcoin]

it is mainly greed in my opinion!
most of these projects are simply over-hyped. they use a lot of different techniques to advertise it, and in the end we all see the ICO coin holders sell their coins at the first sign of the coin being listed on an exchange. it seems like this method is the new method of making money which has replaced the pre-mine strategy!

you can call it popularity, or you can call it a good advertising team who knows how to lure people into investing

[chain_chain]

Strong and interesting  project + good PR.
I think it's the key

[Duzter]

ICO's becomes​ more successful based on the platform the development team chose for the functioning along with the different promotion techniques used to make it more valuable. Importantly the funding is a must to promote and get listed to exchanges. Most ICO gets off with the presale.

[grim007]

Some might really targeting that project and sees how successful that ICO can be so they invested on it on an instant.

[Xester]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

There are different kind of ICO's some have been successful and some have failed. But to the ICO's who have been successful there are many factors behind its success. First is that they have big investors or shareholders that funds the coin, second is they have a good marketing and promotion that attracts the attention of the traders and holders to buy the coin.

[Menerever]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

Depends.

Sometimes just a bluff to attract more investors. Sometimes it's really $10 or 15 million and not $25.

[Kray]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

They have great PR and interesting project. Dont expect to much if you dont have great PR, and create usual coin from scrypt, zcash,x11 or what ever algo

[Dr Charles]

Yea as kind of stated, it really come down to what kind of project it is. You cannot just take a clone coin and expect the ICO to sell out just because... If there is truly a new innovation, great marketing, an established or at least the appearance of a trust worth development team then there is a good shot at having a successful ICO

Same concept would apply in stock markets for IPO's, very few IPO's are blow out successful unless there is something about the company that really sets itself apart form all other competition on the market.

[evok3d]

In most cases what they do is have a pre-sale but privately attracting investors on board who get a discount for being the early ones and taking the "risk" so to say. Then they use the fact person "a" is investing to get the investor/person "b" onto the ICO. If you do enough you will already have 50% or more of your target ready before it even starts, so when it does start it looks like 50% got covered very quickly but it was just the investors money who had already agreed to participate. From there due to the strength shown - people will see wow! half way there already - they attract others who feel more confident seeing million already invested and wont want to "miss out" so to say.

[Palodar]

It depends on ICos term and promo ,some were giving 15% to 30% bonuses when acquired on a certain time frame and other ICO promo for early investor.But mostly it may be because they really like that project and eyeing on it for long.

[mobnepal]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

$25 million in 15 minutes can you Name any of such ICO  
I don't think this is practically possible if it was not funded by some private investor within few minutes of ICO opening. I have seen SONM getting 10000 ETH = $1,000,000 ($1 million) within 10 hours during their Pre-ICO and that was possible because tech behind this project is quite promising and also their Developer team looks competent.

Public relations team and different social campaigns are key for ICO success but project also need to have good dev team behind and should have real life application.

[matrix zion]

Easy!

You take a good guy in marketing
Plus not too bad devs that can answer to technical questions
Plus hundreds of greedy people who don't really care about the ICO but just want fast profit

That's all folks!

[dinalo]

it is mainly greed in my opinion!
most of these projects are simply over-hyped. they use a lot of different techniques to advertise it, and in the end we all see the ICO coin holders sell their coins at the first sign of the coin being listed on an exchange. it seems like this method is the new method of making money which has replaced the pre-mine strategy!

you can call it popularity, or you can call it a good advertising team who knows how to lure people into investing

In other words take advantage of the FOMO effect.

[bouren]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

Who said all ICOs are successful. If we see in term of data, I guess 8 of 10 ICOs fail in long run.
However, certain ICOs like QTUM in recent days do come up as successful. The only reason I guess in solid pre-plans and innovation. QTUM project spent around $1 million in its advertising prior to ICO

[PhilPrime]

Those whales predicted that it be successful ,those usually put an effort to research on it ahead of time. And it can because it came or operated by a trusted team.

[isabella01]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

$25 million in 15 minutes can you Name any of such ICO  
I don't think this is practically possible if it was not funded by some private investor within few minutes of ICO opening. I have seen SONM getting 10000 ETH = $1,000,000 ($1 million) within 10 hours during their Pre-ICO and that was possible because tech behind this project is quite promising and also their Developer team looks competent.

Public relations team and different social campaigns are key for ICO success but project also need to have good dev team behind and should have real life application.

Trust me, there's been a few but obviously not close to that amount. Here's the link of the example Im taking about -----> https://cointelegraph.com/news/biggest-ever-ico-jackpot-netted-by-ethereum-based-aragon-despite-bad-actor

[Pfeff]

The 'devs' buy their own coin to snowball fake interest

[Rufsilf]

There is no ICO that is successful in just a few hours because it is impossible and i believe that it takes a lot of time before you will see an ICO as a successful project. It is all depend on the white paper and also the road map of the ICO if their coin or service offers good quality and if yes then it will attract a lot of investors that will make their project successful.

[isabella01]

I've seen some ICO's raise $25 million in 15 minutes. Is that through their existing populairty, Public Relations team or what???

Who said all ICOs are successful. If we see in term of data, I guess 8 of 10 ICOs fail in long run.
However, certain ICOs like QTUM in recent days do come up as successful. The only reason I guess in solid pre-plans and innovation. QTUM project spent around $1 million in its advertising prior to ICO

I'm not generalizing here, I said SOME ICO's not ALL! ...And that's quiet a budget if you ask me but nevertheless, they probably earned it all back in minutes!