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Author Topic: ICO is new way to get Free money?  (Read 8550 times)
Crumple Cat
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November 15, 2017, 05:10:56 PM
 #141

This is an excellent tool for both scammers and honest projects and an important strategic tool for the future more serious useful changes in the world. And gradually the ecosystem will minimize opportunities for scammers and each of us can contribute to this.

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November 15, 2017, 05:16:12 PM
 #142

If one is lucky to sign up with a genuine ico, you can be sure you will get free money while growing with them but being unlucky on the other way means generating free money to the developers. So, one has to do rigorious investigation about the team and white paper. Also, an ico that also has a lending package are better in the long run.
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November 15, 2017, 05:27:26 PM
 #143

This is an excellent tool for both scammers and honest projects and an important strategic tool for the future more serious useful changes in the world. And gradually the ecosystem will minimize opportunities for scammers and each of us can contribute to this.

I think some sort of regulations should be placed for ICO ones because the genuine people may have to suffer if the ICO turned out to be the scam. Thus this creates a problem when new ICO which is genuine wants to raise money but if people have bitter experience they may not actually invest in this project.
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November 15, 2017, 05:31:07 PM
 #144

I do not know why! I only think that Ico project is a more modern Ponzi method right now.  Huh
How about you, YES OR NOR ?   Huh

With adequate knowledge you can minimize your risk,we need regulators in the system to monitor the affairs of ICO
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November 15, 2017, 06:01:40 PM
 #145

No. I believe that ICOs are a new and revolutionary way to finance innovation.

The average cost of doing an IPO in the US is $20Mi. With $200k in capital you can do an ICO. It is an 100x cost reduction.

I wrote about his in our blog: https://steemit.com/ico/@swapynetwork/part-2-icos-token-offers-are-the-beginning-of-an-era-of-shared-prosperity

Sanglotslongs2
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November 15, 2017, 06:04:02 PM
 #146

This is an excellent tool for both scammers and honest projects and an important strategic tool for the future more serious useful changes in the world. And gradually the ecosystem will minimize opportunities for scammers and each of us can contribute to this.

Exactly what I think. But let be honest, 80% of them are scams or shitty project that can't be financed by classic way from angle investor. You give them money, but you'll not have any in return :/
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November 15, 2017, 06:06:01 PM
 #147

I do not know why! I only think that Ico project is a more modern Ponzi method right now.  Huh
How about you, YES OR NOR ?   Huh
yes because ico the investor, dev and bounty hunter can get extra profit from it
i think almost people in this forum just search information about ico

 
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picaszo
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November 15, 2017, 06:22:09 PM
 #148

i think ICO not really for free money. we must like,share,repost,submit weekly reports or another.
its look like side job for me.
sheamus10
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November 15, 2017, 06:52:50 PM
 #149

I do not agree because to my knowledge that ico is not using Ponzi method, we can promote the ico in various ways but not ponzi. One of them by creating a bounty campaign, because in this way everyone can promote the ico.
And usually every bounty will give rewards in the form of coin.
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November 15, 2017, 06:58:16 PM
 #150

ICO is a good new way of getting money but it is not a ponzi scheme.I think any bitcoin user should be able to convince whosever do not understand the concept of bitcoin. Its simply a cool source of income.
Gloria_16
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November 15, 2017, 07:03:13 PM
 #151

On the IKO, one can really earn a lot, raise money for an "innovative project", but if the project is honest then traders will get a lot on selling tokens.
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November 15, 2017, 07:13:39 PM
 #152

i think ICO not really for free money. we must like,share,repost,submit weekly reports or another.
its look like side job for me.
it's not about the bounty, but about investing in iso.
now it is not as profitable to invest as half a year or a year ago.
I invest a little money and it is more profitable for me- buy tokens, when they go to  exchange and fall in price
freebutcaged
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November 15, 2017, 11:03:52 PM
 #153

Suspecting that most of the Icos are simply a method for shitposters, some one with 20-30 accounts needs a topic to complete their daily posts without

Mods trashing or deleting the thread, but with no serious looking project mods could notice there is something wrong, so they are providing their shit

Posting services to every scamming team in silicon valley, two birds with one stone mate. Cool
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November 15, 2017, 11:08:51 PM
 #154

I do not know why! I only think that Ico project is a more modern Ponzi method right now.  Huh
How about you, YES OR NOR ?   Huh

Actually, there are many ICOs right now that are generally within the classification of Ponzi scheme. This is the current problem about ICO that is not yet solved until now. In fact, such problem is getting worse everyday with the introduction and release of a good number of new projects on a daily basis. You will end up having a headache sorting out which one is legit and which one is scam.

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TiffanyLien23
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November 15, 2017, 11:29:23 PM
 #155

Most ICO are not legit. 90% was fake. So you need to extra careful on choosing which ICO will you invest.
Lang09
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November 15, 2017, 11:55:40 PM
 #156

No, I dont believe it. Some of the ICO are not legit. So research first if it legit or not. Take notice about the offers if it is true or not.
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November 16, 2017, 12:39:20 AM
 #157

Yes, If select right one you can make a big profit.
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November 16, 2017, 12:53:20 AM
 #158

I do not know why! I only think that Ico project is a more modern Ponzi method right now.  Huh
How about you, YES OR NOR ?   Huh

A big yes, and its ruining other legit ICO's. These bastards are rampant nowadays. It became trendy when succesful ICO's gain a lot of investors before and here comes these fake ones, offering a so-good-to-be-true project, and ofcourse it will attract investors who are completely unaware of the possibility of scam or fraudulent intentions. Now, its really important for us to do a deep research, read the present ICO news from the community.
When choosing a right ICO dont just look at the whitepaper and roadmaps. Go check the personal background of each and every member of the team, or communicate with them. Raise questions that are essential for your investment. Better be safe than sorry.
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November 16, 2017, 01:50:54 AM
 #159

Though most ICO's are fake, scams but I don't believe that all ICO devs have bad motives. A good ICO can help us making free money just by following the rules indicated on how to join their bounty campaign that's why before joining any ICO one should investigate at first very carefully.
dillpicklechips
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November 16, 2017, 01:54:19 AM
 #160

It's not free. Even if you don't buy their tokens and just participate their bounty campaigns then still you dedicate your time to accomplish it. Still, there are ICOs who are decent that's why you need to pick carefully what you want to participate so you'll not fall a victim of it.
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