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Author Topic: Still believe in ICO ?  (Read 21750 times)
leviathon
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May 19, 2018, 04:31:21 PM
 #3041

Well I never really believed in ICOs. As believing in something at such an early phase of it doesn't makes any sense to me and given the rate of failures in the ICO market it would be foolish to invest your hard earned money into them. Also why take such a risk when there are already good altcoins to invest in.
k-west
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May 19, 2018, 04:34:39 PM
 #3042

I dont believe in Ico anymore.Last year I took a part in a few Icos.I invested almost 2000$.Almost all the tokens that I have bought,are under Ico prices,some of them are -70%!!So I am having a great loss now.
Mei1418
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May 19, 2018, 05:15:23 PM
 #3043

only ICO is the only hope for traders with low budget, for those who have not been able to invest in addition to expecting money from bounty. despite the many scams that occur today they do not care and still believe in ICO and bounty  Grin Grin Grin
masterking2196
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May 19, 2018, 05:46:59 PM
 #3044

I believe that the main reason is that the projects and their teams want to collect very large money
ApisCapital
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May 19, 2018, 06:01:15 PM
 #3045

Almost every ICO to date has been effectively a VC investment (i.e an investment into a company to give them funds to complete a project which hopefully somehow will generate value in the brand and hopefully that value will translate into higher coin prices). This is unfortunately a very difficult economic proposition for many reasons:

1) The project is itself is an effective solution to an important problem and has an effective team that can not only implement the technology but also drive adoption. This criteria eliminates more than half of the current ICOs, because many are applications of blockchain that are unnecessary and can be accomplished more efficiently using traditional technology

2) The project has a clear revenue model that will actually generate future income for the company issuing the ICO. This is critical because without income, there is no long term value to a token. The concept of “utility tokens increasing in value because of their use” is a fallacy. Because tokens are always comparable to similar services in $USD (for example file storage), a utility token which increases in price too fast will become underutilized as users flock to other solutions. Another fallacy is the theory of “brand name” or “popularity”, which suggests that just because a project achieves milestones and becomes well know means that the value of its token will increase. This is simply an extension of the “greater fool” theory which does not exist without speculators, who do not appear to be returning en masse to the market anytime soon. Therefore, by eliminating all the erroneous drivers of token value, we are left only with revenue. Once we eliminate projects that do not have a revenue path, we are down to about 10% of the current ICO’s.

3) Even after the above criteria are met, we still have to wonder how revenue translates into higher valuation of a token. After all, tokens do not confer any equity in the actual company. Especially concerning is ICO issuers who have taken on VC funding for actual equity in their companies, while still doing an ICO which effectively represents no rights or benefits to token holders. For all the SEC talk of a token being a security, it confers absolutely none of the benefits of being one. Typically, investors realize profits when a company is acquired, yet in the case of tokens, an acquirer would simply buy out the actual equity and leave the token holders with nothing. There are only a handful of projects that actually promise to provide economic benefits to token holders
ngusmin
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May 19, 2018, 06:01:56 PM
 #3046

The number of successful ICO's are decreasing dramatically.  Just wanna know about successful ICO's in the fourth quarter of 2017 and if anybody still believes in  ICO's.

Yes, I believe in ico as a lucrative investment opportunity. But the current number of ico is so much, making us have to spend our time to do research so there is no wrong choice, and we can benefit.

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Meraki
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May 19, 2018, 06:10:56 PM
 #3047

Ofcourse I still believe in ICO because there are still ICOS that ended up successful. Also it is a matter of choice what ICO to peak this is why researching and reading is essential so that youll pick the best one.
patispace
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May 19, 2018, 06:57:55 PM
 #3048

As a business project, ICOs are undoubtedly a good concept that is helping to fund interesting ideas that would otherwise face great difficulties to come to light.

However, it is a fact that most ICOs do not offer a really innovative ideas and only seem to have been launched to get easy money and even to commit fraud, therefore I think that more regulation is needed in this business model to ensure that investors continue to trust ICOs as long-term sustainable and profitable projects.
shaman11
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May 19, 2018, 06:58:57 PM
 #3049

Yes, I've always believed in ico, and I'm looking for a valuable ico every day. We can earn more tokens through ico, of course we need to be patient.
W2014
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May 19, 2018, 06:59:13 PM
 #3050

The number of successful ICO's are decreasing dramatically.  Just wanna know about successful ICO's in the fourth quarter of 2017 and if anybody still believes in  ICO's.
Yes, you can still earn good money by investing into good ICOs, but you have to hold them for few years to get maximum profit.

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kortwyss
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May 19, 2018, 07:00:51 PM
 #3051

Now, unfortunately, even careful selection of projects does not help much. Scammers have learned to adapt well. Even if the project is not scammed, the price of tokens can still fly to the bottom after entering   the  exchange - it is often cheaper to take tokens there, rather than on the ICO.
Doych
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May 19, 2018, 07:10:36 PM
 #3052

I think ICO is the best thing that ever happened to fuel funding. ICO not only helps ideas, but also products and services attracts much-needed capital, it also creates wealth for an emasculated segment of a certain economic class and region. For this, we should thank the technology of the chain and decentralization.
sale.kripta
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May 19, 2018, 07:12:48 PM
 #3053

I like investing in crypto projects, but you need to be very careful when investing, because a lot of critical projects are scammers.
elzjmirra
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May 19, 2018, 07:35:48 PM
 #3054

To date, I still believe in ICO. Although competition in the world is now very unusual crypto. Lots of new participants, with so many participants, also increased by ICO. Make the passion to compete to get results that can change our lives. Turn out better by earning quite a lot.
sounddrum
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May 19, 2018, 07:37:56 PM
 #3055

Yes I still believe in ICO  though there is lot of up and down in the Crypto market, there are lots of coin that are valueless, there are lots of scam project, yet I believe in ICO because there are still few outstanding geniue ICO  Check my signature that's one of the few outstanding geniue project
choosefx
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May 19, 2018, 07:59:34 PM
 #3056

I'm looking forward to this project. Its going to be a huge sleeper! Will compete will tron. Smiley
Looking forward to more partners and updates from this great team!
Cryptoprobro
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May 19, 2018, 08:00:35 PM
 #3057

I still believe in ICO. I think until 2018 ICO is still worth it and trusted. By 2018 there has been an increase in the number of ICO and more significant crypto market growth as well as more and more successful ICOs.
Alohadanc3
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May 19, 2018, 08:33:09 PM
 #3058

Yeah. Cause some Ico is good still now and I believe on them.L last few months we can see many ico is no working as they say in the roadmap. So you have to identify the best ico and invest. One of the best ico of this month is spotcoin.Spotcoin is a neo-based token. They offer us a multi-faceted mining powerhouse early 2019 and they gonna launch an exchange where they gonna share the 51% of trading volume to spotcoin holder and a 12% of yearly company's income also. I think they will be a great success in this years.

JeromeL
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May 19, 2018, 08:47:52 PM
 #3059

If you carefully approach the choice of the project, then all fears disappear. Read the documentation of the project itself, see for his team and of course read the reviews and ratings. The more information the less chance to be deceived.

nightwishx
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May 19, 2018, 08:51:07 PM
 #3060

Now, unfortunately, even careful selection of projects does not help much. Scammers have learned to adapt well. Even if the project is not scammed, the price of tokens can still fly to the bottom after entering   the  exchange - it is often cheaper to take tokens there, rather than on the ICO.
This argument is actually not entirely true, because if the project you invest gets a large ICO result and their project / service runs smoothly, investors will get much more profitable results
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