What's the Worst ICO You've Ever Seen?

[nutildah]

I'm trying to do research on how to identify bad ICOs, which is much easier to do than identify successful ones.

Obviously you need to wait and see if a project actually generates profits instead of eats investor money to actually know if it successful or not.

But what are some of the most outright scammy ICOs you've ever seen? There's a lot to choose from, so let's hear your worst.

This is one of my faves. They've managed to attract an eye-popping $650 in just under a month!

https://aldoin.com/crowdsale/

I'm writing an ICO analysis of it for a different website, but any guesses as to why this one is particularly offensive? I'd be curious to hear your opinions.

[1714918891]

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[1714918891]

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[XbladeX]

pillar

those people make me lought... when all were getting gian it ent down but...

the best part is that its CEO got 20m USD  funding and what ?
In youtube Video he said that he need VOLUNTEERS !!! to work for HIM and they will build him aplication.
THAT WAS to much for me I have dumped pillar once it mved too ICO price to get moeny back.

Guys how hte fuck he can get 20m$ and want other work for free... ok now he hired ONE ONE developer and some other guys.
It was his friend whose child have been born now.... perfect pick for main WORKER  (baby gets many of your time...)

THIS IS SICK ... worst ICO for me.

[bongiu]

Well I don't remember a name but I do remember that the ICO was so shitty that pictures of the team members were fucking horrible. One of the members was even sneezing in the picture haha! He was supposed to be the main developer 

[stupid_seb]

EOS

[primeer]

i think bancor was one of the worst ico i've seen. they took advantage of the hype as much as they can, and extended the ico period a couple of hours to collect more. however, i still like the project.

[TomUyamot]

Monkey Capital ICO went terribly wrong along the way. I do not understand what happened but it seems there is already some bickering happening in the thread as well as in slack I guess because of what happened. Monkey Capital is the worst that I have encountered. I also heard something similar from Decent and Bowhead. 

[Geenstijl]

EOS

I should agree. I hate their one-year ICO politics. The price dumps all the time! There is no any sense to participate at this ICO after the first tier.

[adam1230]

Worst ico is not a point for me. Good looking and fail icos are more important.
Pillar was the first of them. Then Spheris is the second and EOS is will be the next big thing in ico world.

[alexjhons]

Actually, we can just say any Ico as scam because most of the ICO came in the launching after a long years gap. spme of scam ICO such as OPAIR, DeCloud, MassNetwork i heard about but Im not sure if they are really that big scams or not...

[logicinflux]

Worst in what way? Might want to be more specific

[M0N3YMAGNET]

I invested in this piece of shit called Mass.Cloud which turned out to be nothing, Imperium betting ICO is still up in the air but assuming it was a big scam, X-Play turned out NOT to be a scam but is only on 1 shitty exchange, but for the most part I always pick good ICO's. (ZRX, DNT, KYBER) etc. There is so much crap out there at this point I am very hesitant to invest unless it's a massive project that everyone is discussing.

[innoachukwu]

Monkey Capital. I didn't participate in that, but those that did lost their money.

[renes]

I've never seen a bad ico because I have participated only 3 or 4 ico so far and haven't follow others. All of them were pretty good. Now it is very difficult for projects to enter exchanges so making quick profit is anymore impossible.

[marks1976]

I'm trying to do research on how to identify bad ICOs, which is much easier to do than identify successful ones.

Obviously you need to wait and see if a project actually generates profits instead of eats investor money to actually know if it successful or not.

But what are some of the most outright scammy ICOs you've ever seen? There's a lot to choose from, so let's hear your worst.

This is one of my faves. They've managed to attract an eye-popping $650 in just under a month!

https://aldoin.com/crowdsale/

I'm writing an ICO analysis of it for a different website, but any guesses as to why this one is particularly offensive? I'd be curious to hear your opinions.

Tothemoon token because the hacked site already distributed the recent news about the possibility of the ttm project to be another project and that was such a crap just copy and paste another project's github code. There are so many badproject such as idice and bankera that already ran by the scammer of the spectrecoin project.

[XbladeX]

EOS

I should agree. I hate their one-year ICO politics. The price dumps all the time! There is no any sense to participate at this ICO after the first tier.

I am joining slowly EOS.
1st I was betting in some pomp at beggining to get better price and to get it over time. So I flip my EOS at 2x. (easy bet)
Then my target wa to start buying <1$ slowly over time and I keep doing that.
While others ICO end fast and pumps ASAP here you have diffrent setup. I would say fair free market seeking one.
Sure it dups price but allow widedly people to join. The time wil be when printing will end and EOS will start delivering like any other bigger ICO.
EOS is not best short inventiveness vehicle but if you back here in 3 years you can be shocked. : )
I think that EOS will have its time to shine.

[dma88]

there's one coming up called airswap where the users only get like 10% of the tokens

50% is set aside for some long-term account, but the wording sounds like the devs can raid it

and people used to care about 1% premine but the other 40% goes to devs & early investors

so yeah that's pretty bad

[Morguk]

All of these dentist coins, I mean what the hell. Why does a dentist need a blockchain, what a stupid idea and ICO proposal.

[stupid_seb]

EOS

I should agree. I hate their one-year ICO politics. The price dumps all the time! There is no any sense to participate at this ICO after the first tier.

I am joining slowly EOS.
1st I was betting in some pomp at beggining to get better price and to get it over time. So I flip my EOS at 2x. (easy bet)
Then my target wa to start buying <1$ slowly over time and I keep doing that.
While others ICO end fast and pumps ASAP here you have diffrent setup. I would say fair free market seeking one.
Sure it dups price but allow widedly people to join. The time wil be when printing will end and EOS will start delivering like any other bigger ICO.
EOS is not best short inventiveness vehicle but if you back here in 3 years you can be shocked. : )
I think that EOS will have its time to shine.

Yes. I don't say EOS is a bad project. But it is overpriced from inception. And the ICO terms are crazy...

I am trying to realize that some great coins are here and do not even have an ICO. ICO model is slowing down.
Put your coins directly on an exchange... and let the market decide!

[Sync485]

stuffgogo
they couldn't collect any money. only 200ether at 4 weeks. last day 800 ether too. and they decided to give these unsold coins to bounty participants.

[nomenclatur]

I've never seen a bad ico because I have participated only 3 or 4 ico so far and haven't follow others. All of them were pretty good. Now it is very difficult for projects to enter exchanges so making quick profit is anymore impossible.

last year a lot of new coins are very easy to enter bittrex and poloniex, a complicated era occurs when yobits emerge and reach significant volume, there is nothing to do both markets in addition to improving the quality of coins they have, today many decentralized markets such as etherdelta, and this helps a lot of new altcoins.

I see some ico who are accused of fraud but still legit that is LNK and Idice, they pay the participants with the price level is very satisfactory.

Some projects fail in ico sales are also often encountered such as TRIBE and Abab io.

I have never found an ico scam, I choose a busy project and dev is always active.

[deadsilent]

Worst ICO ive ever seen.  Can't find one but i think the worst ICOs are those tokens that are already hit an exchange but the project doesn't go boom then back again to ICO price.. I doubt that projects. They sell those in an ICO price but it already landed an exchange. I don't think people will buy that. Also I've seen many SCAMS ICOs. They are worst of the worst. They are just collecting people's money and did nothing. They run away and never go back. Some ICOs these days are just popping out of nowhere. Some are just created to collect money from investors. But when you take a look at the project, some of them has a worst idea on their tokens. Like VGINA, insanecoin, woodcoin or antibitcoin, i mean, what's wrong with them?

[stupid_seb]

And franckly, ICOs are not necessary.
If you have faith in your project, you can bean immediately in exchanges and let the market speak.

But most ICOscoins are scared and would rather make sure that they get the money.

[nutildah]

Worst in what way? Might want to be more specific

Worst in this way: of all the ICOs you ever invested in that turned out to be failures, which ones were the worst, and in retrospect, what were the warning signs?

[nitehawk]

Worse one i have seen so far is SparkleCoin this is a scam and is easy to spot from a mile away. The owners contradict themselves with everything they have to say. It's a diamond backed coin but they haven't bought diamonds yet, and they can't tell you what jurisdiction they will store them in.

[jlp]

All of these dentist coins, I mean what the hell. Why does a dentist need a blockchain, what a stupid idea and ICO proposal.

Reminds me of CARTAXI, which claims that towing cars need a blockchain.  I'm waiting for an ICO that thinks Santa Claus needs a blockchain.

https://bitcointalk.org/index.php?topic=2243157

[nutildah]

I think Dentacoin's gotta be up there too.

A coin for the dental industry? Just typing these words makes me want to take a nap!

[Munz77]

Wagerr has been pretty disappointing. https://bitcointalk.org/index.php?topic=1911583.0

There was a lot of hype at first, particularly on slack with everyone thinking instant lambos, but then the ceo came out with numerous delays and even blaming the weather. They then released a waves skin after 3 months and $20m and the price has tanked.

Next update is in January 18, if that comes to nothing wagers will be worth 1 sat

[stupid_seb]

And the WINNER is...

TEZOS


https://steemit.com/bitcoin/@adil2018/tezos-the-400-million-dollar-cryptocurrency-victim-of-a-legal-dispute

[qsypoq]

All of these dentist coins, I mean what the hell. Why does a dentist need a blockchain, what a stupid idea and ICO proposal.

When a compagny say "we are going to disrupt *** with blockchain" people start throwing money at them...
brb toilet flusher ICO.

[vlom]

the worst one I invested so far is [ETT]EncryptoTel.
they did not deliver something since the ICO. and i was not able to sell me coins because the price is under ICO-rate. i would like to sell the tokens because i lost confidence.

[Huan Pres]

MONA - This coin was pump over $5 2 weeks ago with just only cute cat concept??? you gotta be kidding me 

[Schirer]

All of these dentist coins, I mean what the hell. Why does a dentist need a blockchain, what a stupid idea and ICO proposal.

Yees!! Exactly my thoughts on the dentists matter.
Also I am very skeptical about GREEN ENERGY ICOs , seems that they are just using GREEN ENERGY name and associations

Also i think that it would be very useful to have some kind of scam ico list where scam ICOs are listed which are proved to be scams.

[Xclusive5]

I have like three of them, namely Glu token, Soma, and Monkey capital