ICO discussion

[arikassuja]

I see ICO appear around 30 in 1 day, but I see no promising projects yet
They like to see ICO where to raise money, whereas ICO has a heavy responsibility.
I am very concerned about this condition

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[waynechong1995]

ICOs are getting mature with their operations,most of them are handling it properly like an ordinary startup with legal consults.

Promising or not, ICOs is still a good way to get funded. I would consider ICOs as well if I really want my idea on board.

[Kid_diK]

Indeed they pop out like mushrooms after rain.   In my opinion this is just a new and improved generation of good old hyip programs.    Nobody gets rich except the owner.

Although i collect various bounties from various ICOs and i have shitload of various coins, most of them are worthless and some of them never even got listed on any exchange.

I feel like people investing in ICOs are being ripped off. Please correct me if im wrong, am i missing something?

[jzone23]

Yeah theres always new ICO everyday I some promising and really have good whitepapers and had stated their goal very pleasing. I think what making lots of ICO now not having success after their ICO is the competition occuring as many ICO are coming and competing for investors money and fund their project.

[webtricks]

I see ICO appear around 30 in 1 day, but I see no promising projects yet
They like to see ICO where to raise money, whereas ICO has a heavy responsibility.
I am very concerned about this condition

Your concern is pretty much genuine.
I have seen even the kids of 15-16 creating ICO !! The most interesting part is that they can't even enter in legal contracts due to age minority.
Seriously what one need to create ICO project, a website, an ANN thread with random fancy dream project which is never planned to bring to ground from clouds and good for nothing BOUNTY thread.
But still there are some projects which really have something big in their pockets. For establishment of such ones ICO is genuine option like one in my signature.

[bigdogdan2]

To mitigate risk it helps to choose ICO that have a real product or close to releasing the product.  If they have something you can test and ones you can see video of other people using that helps considerably.  There are so many ICO that are in the planning and development phase that people invest in which have lots of risk.  What if their main developer leaves?  What if they take it easy after getting money from the ICO?  What if another company starts later but still beats them to the market?  You never know, protect yourself and pick ones that have real products finished around the ICO.

[Lanatsa]

I see ICO appear around 30 in 1 day, but I see no promising projects yet
They like to see ICO where to raise money, whereas ICO has a heavy responsibility.
I am very concerned about this condition

Your concern is pretty much genuine.
I have seen even the kids of 15-16 creating ICO !! The most interesting part is that they can't even enter in legal contracts due to age minority.
Seriously what one need to create ICO project, a website, an ANN thread with random fancy dream project which is never planned to bring to ground from clouds and good for nothing BOUNTY thread.
But still there are some projects which really have something big in their pockets. For establishment of such ones ICO is genuine option like one in my signature.

I know that you would really recommend on the ICO that you are wearing on which is understandable though. There are lots of ICO nowadays which some of developers are only young at age and if you arent type of a person who dont research then for sure you would end up on investing on those newbies on this field. There are lots of ICO popping out from nowhere which we dont even have an idea on where do they come from.

[kamikadze69]

if you want to invest in ICO, you should look at various factors and aspects like the team, and the vision / mission they offer in the project.

[ryanben]

What is your basis for evaluating that? I find there are still many potential ICOs that you may not notice 

[lakimens]

Stop with your biased thinking, posting something that you read in another thread is not a good post.
"ICO's are scam, they will never be real, bla bla bla" - Not true, there are so many ICO's that are good projects and will fulfill their promises.

[bongiu]

It's true that many ICOs appear everyday, but not all of them are bad projects, some have a solid idea and a specialized team with good credentials, plus ICOs are becoming more mainstream and thus more mature.

[berrygood]

If you invest your money in just 1 of the 30 projects, you won't lose money in the future. If there are really 30 new projects in everyday most of them are probably scam.

[devollito]

From 30 ico comes up in one day onle 2-3 ICO is good ico. If you have much capital to invest to ico, you should split it. Do some research begore you invest. So many good project but dont forget crypto world has a lot of scam project. Be carefull to put you hard earned money. If you hit a good ico you will be rich..

[brokens]

See ICO is currently very much emerging and we can see which projects can make money. but looking at ICO is very promising I think there is not yet.
making ICO requires a very professional team and most of today many scammers roam to steal the project's own funds.
if you want to see an ICO or promising project you should see who the manager or the ICO maker itself is.  

[Dart18]

Then just hand pick those you like.
At the end of the day it will still be your choice.
You could stay here because there are many police here that are securing the users. They report when they smell a scam. Perhaps we should help them to make this forum cleabner and then we dont need to worry which ICO we should pick because all are legit.

[ahmadakbari]

I think appearing 30 ICO only in a day is true. Some of them are scam, Some are unsuccessful. But there are lots of good ICOs that cab be found by research. I think investing in ICOs is still profitable.

[publicjud]

I think appearing 30 ICO only in a day is true. Some of them are scam, Some are unsuccessful. But there are lots of good ICOs that cab be found by research. I think investing in ICOs is still profitable.

This is true. There is always chance for successful investment. But as I understand we have to keep calm and not spend money at every ICO. Your own researches are always big deal! As well as steel balls =)

[anasso]

i think most of ico's are not realistics if they are not scams.

devloppers don't needs millions of dollars to develop something.

they can start with something already developed and rise 100K $ or max 1 million to continue!!!

[Will.Smith]

Of course you have to search a lot of shitcoin ICOs before you will find something promising. Especially when you have to read all of these whitepapers, linkedins, roadmaps and whole bunch of articles, youtube videos etc. It's like mining the gold. But when you find one and keep it for long term it will reward you a lot.

[Freddoe]

The scary thing as mentioned here that everyone can make an ICO. I have myself burned alot of money on shit coins that never made anything.
Still if the company/ vision/ plan/ white paper is good I will not hesitate to go in on another one.