publicjud (OP)
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September 19, 2017, 12:27:37 PM |
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There are so many fears and rumors around ICO. I think that ICO format is very convenient for projects as well as for investors. There are too many scam ICOs and I understand what is the point of the governments fear. But I wonder what do you think about ICO in 2018+. Will it survive?
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garytheasshole
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September 19, 2017, 12:28:52 PM |
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God I hope they'll die out, but doubtful, the genie is out of the bottle and everyone is up for grabs of easy coins from the unsuspecting public.
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Miguz
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September 19, 2017, 12:29:53 PM |
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I do not think so.
It will be like start up company. 95% of them get the boots out from the market.
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publicjud (OP)
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September 19, 2017, 12:33:41 PM |
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I do not think so.
It will be like start up company. 95% of them get the boots out from the market.
Yeah, I agree. But the question is about ICO fundraising format at all. Will it be alive in the future?
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raiblock
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September 19, 2017, 12:43:11 PM |
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I think it will be alive and well but it feels like governments will step in more and more to try and protect their taxpayer's money.
Now it's China but I have a feeling that with increased attention from people like Jamie Foxx, Paris Hilton or Mayweather which will undoubtedly be followed but many more stars promoting ICO's, US will follow China's suit soon.
I think it's bad for crypto to involve these sort of paid promoters who clearly have nothing to do with crypto world and will only give a bad reputation on the long run to the serious ICO's out there.
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garytheasshole
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September 19, 2017, 12:45:17 PM |
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I think it will be alive and well but it feels like governments will step in more and more to try and protect their taxpayer's money.
This cracks me up so bad, it's funny cause it's so untrue.
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DuarteFig
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September 19, 2017, 12:52:43 PM |
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The ICO (initial coin offering) model of fundraising introduced a democratic way for small investors all over the world to contribute to projects they believe in and get something in return, usually tokens or coins that have functions in the project product.
There are a lot of promising projects are being built on top of the Ethereum network, and a lot of them are using ICOs to fund themselves.
The big problem is that, along with the promising and disruptive initiatives and blockchain applications, a lot of scammers and opportunists appear.
I think that regulation of ICOs will increase in near future, but they will not disappear anytime soon.
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Pamadar
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September 19, 2017, 01:01:45 PM |
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it will be a harder journey for those developers who will start an ico next year as its been tackled now in china for sure more countries will look at it and make sure that their countrymen are not being scammed or they will try also some ruling to be implemented and it will be another problem with developers to meet the law for ico projects.
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Minor Miner
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Be A Digital Miner
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September 19, 2017, 01:06:56 PM |
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I have heard about decentralized ICO. May be this kind of ICO will be next? Interesting to know your thoughts.
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Allan Ramanda
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September 19, 2017, 01:21:11 PM |
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I am not so sure ico will last long, although the investors are very much to make their ico, but the deception is now also increasing, plus China has also banned trading with this bitcoin
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AgatioX
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September 19, 2017, 01:25:56 PM |
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Guys no worries!There's projects about decentralized ICO's (like Komodo). ICO's will be fine.Peoples will for freedom cannot be stopped!
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13abyknight
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September 19, 2017, 01:44:02 PM |
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Its looking very grim for ICOs currently and the situation could just continue to grow worse as many countries are bringing in rules to regulate fundraising of this type, not to mention China has already banned them. There are so many ICOs popping up everyday and without adequate research, investors could fall for ones which would unfold to be a scam and this would worsen the situation. With time, more fundraising methods might come and we could switch to a completely new method of raising funds so only time will tell.
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Gotomoon
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September 19, 2017, 01:59:05 PM |
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I am not so sure ico will last long, although the investors are very much to make their ico, but the deception is now also increasing, plus China has also banned trading with this bitcoin
Yes we cannot tell early, but as one of the contributor in some ICO I think it will survive. It will survive because I am for sure there will be a regulations and rules to be implemented soon to prevent scam ICO's.
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unusualfacts30
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September 19, 2017, 02:08:50 PM |
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I don't think it's going anywhere for a long time. Even after China ban it'll continue to go on. I think people should realize by now that crypto is here to stay. Yes, there are some bad ICO but that's what happens in free market where people have more control. Do your research and you won't have to worry.
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BitcoinPanther
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September 19, 2017, 02:11:43 PM |
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I think ICO fundraising will survive for the years to come. It has been around for several decades but in a different name. The idea is to collect fund from prospecting investors and carry on with the project when the target fund is met. This is the same as crowdfunding with fiat currency, that promise token or any project benefit for investors. I do not think that this will be shut down by the government but I believe that ICO will be regulated to give protection to investors.
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Scallywag
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September 19, 2017, 02:22:42 PM |
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The only thing that should change is that the devs can't dissapear with all the funds. I hope this is what will be achieved.
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perla
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September 19, 2017, 02:23:58 PM |
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too many ICO and nothing control it, it is good for cryptocurrency but don't know about the company because sometime investor's money hold in some ICO when it is not have good price in market
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metagry
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September 19, 2017, 02:44:04 PM |
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People will be disappointed in projects not released. However, as the ICO Platform matures, we expect that certain wealth will flow into the market. I believe that regulated countries will regret. Denying the structure of a new market slows the growth of the company and loses its competitiveness. In this regard, there is no clear paper on the new framework neither communism nor capitalism at the moment.
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J. Cooper
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Alea iacta est
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September 19, 2017, 02:46:20 PM |
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As long as people decide to launch cryptocurrency related business there will be ico's. People need to realize that only 20% of businesses survive their first year, so it's very risky to invest in an ico. If people stop investing, new ico's will rarely occur but I don't really expect that to happen even though ico's are often associated with scams.
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bummm
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September 19, 2017, 02:52:56 PM |
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In my opinion it can't die so fast. Maybe it will transformed for something as here mentioned like KOMODO. But if you invest in best companies, you can earn very much money, almost impossible in real life to earn so much. So hope it will live in 2018 and 2019.
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