Has the China ban affected ICO fund raising?

[NJB18]

The list of coins (ICOs) are too crowded. This ban, could have eliminated a few of them if it did really work. However, I don't think this will be the case.

That is true. ICO is getting crowded with so many coins being offered at the same time. It is getting hard to tell which one is going to function well after the ICO and which one is offered for the sake of pooling over money. But this is still affecting so bad the entire reputation of ICOs in china.

[Minor Miner]

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

Hardly it is. I think this kind of politics won't bring any changes to the amount of ICO fundraising. May be a little.

[CUNÉGONDE]

Absolutely.

many ICO had remove or restrict investors from china/

[xenomorphe1]

Apparently some Chineses use Telegram to trade Bitcoin. So i think, they still can participate in ICO. I found that on bitcoin.com:
https://news.bitcoin.com/chinese-investors-to-trade-bitcoin-over-the-counter-via-telegram/
And also in this website, they also mention that Morgan Stanley invest for 3 million in XBT shares which track the Bitcoin prices.
https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
But China seems very serious to track fraudsters. So they need to be really careful. If they get caught, i don't know what they risk. Maybe lose everything?
And they can be scammed this way too by people doing the intermediates with Telegram.
It is safer for them to go outside of China i think if they want to trade.

[Arvydas77]

99% or even 100% of recent ICO's will fail. Why? Because they don't need blockchain to implement their idea. It is only hype and method to raise a lot of money in minutes. That is the driving force of ICO's. Not technological innovation.

[gregory51gosh]

I think this will limit the speculative market, while the market of real ICO investors (long-term) will be more accessible.

[gribble]

I don't think the China ban affected to ICOs funds raising, it is just affected to the digital coins based on smart contract platform are like, ethereum, ethereum classic, Neo, EOS and other altcoins. Their price went down but just for short term, we can see right now the digital price are going up again, actually the factors that makes ICOs funds is the fundamental of ICOs projects and the comunity of ICOs projects.

[Mr]

Only affect ICOs ICOs which are located on China. Other ICOs still live well. Many of them have increased the price significantly so that I do not think that it make a huge change on the market Everything seems back to normal now so that we do not need to worry about that

[Sarah08]

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I think it is, because many of ico are based in China. People in China are depending in the crypto, so they have a large percent in funding and raising in ico, many are bussinesman and woman that are funding in the crypto think about what can China give in crypto.

[左]

It has obviously had it's effect already.
Depending on regulations it might get even worse, is there any more detailed info available yet?