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Author Topic: ICO is new way to get Free money?  (Read 8542 times)
Leocrypto da Vinci
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February 27, 2018, 10:02:22 PM
 #841

Well, it seems that a lot of people think that ICOs are just the shortest and fastest way to big money.
Actually, if you don't offer real value, you ICO will go nowhere.
But there is still a lot of confusion, so you can still scam some people, if they don't put enough attention.
Btw, in short time there will be a natural selection and unprofessional offers won't have any chance to succeed.

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sungaiyangderas
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February 28, 2018, 04:56:41 AM
 #842

Well yes, 80% ICO is just a hoax. Its main purpose is to get and run away. And the best thing is you do not even need to give coins or coins to your investors. Just take their money, give them some random tokens and vanishes, there are many projects that use ICO to raise funds and develop real projects like golem, decentraland, steemit etc. So all ICO is not bad.
Lupus Solitarius
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February 28, 2018, 11:07:13 AM
 #843

As in any activity apparently easy and profitable, lot of people just jump in, without the needed resources and preparation.
So, in most case, it's not really a scam, it's much more about stupidity.
Btw, with little attention it's easy to detect scammers and unprofessional people, so check anything before to put your money somewhere.

tenebriscaelum
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February 28, 2018, 12:04:45 PM
 #844

The only free money that you will get is less than a cent in airdrops or crypto faucets and you still need to do work on ICO bounties. The only thing that you need to worry about is if the ICO is a scam which is why you need to research the ICO before joining so that you will not waste time.
Brunusmagnus
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March 01, 2018, 10:56:02 AM
 #845

Actually, I thought it was a good idea to create an ICO just to make some fast money.
But when I tried to put on paper just a simple "to do list" to have an idea of what is necessary, I realized how difficult is and how many sills and resources you need.
So, now I understand why so many ICOs don't work: I don't think the devs are real scammers; probably they started without a solid project, and then they found themselves overloaded and unable to handle the situation.

brainitterem
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March 01, 2018, 11:04:38 AM
 #846

I think 50% of all icos are ponzi and scam , ye its free money if you know how to select and work on research, otherwise its free money for scammers!
lance04
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March 01, 2018, 04:39:24 PM
 #847

Now because in ICO, you need to invest. Where they will get a money that they will going to give to you?
You wouldn't get a profit shares if you wouldn't invest. If you want to have a sure income, you need to invest and then trust to your company that you will get a return in the right time.
Wind_Crypto
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March 01, 2018, 04:41:49 PM
 #848

just like not all humans are the same, not all ICOs are the same. Many are overvalued yes, but some still have solid fundamentals, solid teams and arguably solid roadmaps.
jekyde
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March 01, 2018, 04:47:38 PM
 #849

Well, that's not totally correct actually because there are a lot of ICO projects that are not really real. The aim of many founders is just to make huge initial sales and run away. However, even with the ICO projects that are real, it's not totally free money because I would have used my time, IQ, energy, data and some other things to promote them. So, it's not totally free.
fredemar12
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March 01, 2018, 04:49:37 PM
 #850

In this regard, I like TokenGo. A good team with clear goals. They certainly will not deceive anyone. And they allow everyone to earn money. And the very idea of ​​tokinization of business is cool!
JDS1000
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March 01, 2018, 05:14:29 PM
 #851

Why free?This is the same work, in my opinion.I think that this statement is incorrect and this method of earnings,but quite light compared to other
Yusuf214
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March 01, 2018, 05:20:41 PM
 #852

ICO is a new way to get free money but it's not that easy to do it require lot of hard work and knowledge. You also have to be very careful in choosing ICO because all ICO is not promising some are successful and some are scam, so you need to be smart while choosing ICO.
philad220
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March 01, 2018, 05:31:49 PM
 #853

ICO is not for getting free money, you have  invest in ICO with your money.
People invest in ICO to buy at their initial price and to have a lot of bonus, with the hope to making a better profit.
ICOPara
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March 01, 2018, 05:40:10 PM
 #854

This is so hard to say. I think most of it ponzi or scam. They will not finish the project or product. Because of that you have to be lucky to earn money from ICOs.

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JTEN18
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March 01, 2018, 05:42:28 PM
 #855

ICO is not for getting free money, you have  invest in ICO with your money.
People invest in ICO to buy at their initial price and to have a lot of bonus, with the hope to making a better profit.
There is nothing free in the world, all have to invest money for you to earn, or to render service that is why in investing in ICO be extra vigilant, don't trust them all since not all of them are worth  investing at. So for me, it is better to invest with those in the top list coins.
Magister Magus
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March 01, 2018, 05:45:39 PM
 #856

There are some people that think that to promote a Ponzi scheme it's a good idea, expecially under the form of an ICO. It's true.
But in any case they need a lot of work, and the results are not guaranteed: investors are not stupid, they know how to detect scam, so it's not so easy to fool them.
It's more intelligent and more profitable to put more effort on the content of the project, and to create a solid foundation: in this case, it will be more simple to convince investors because you are not lying.
And you don't only have the initial capital, but also a profitable business.
So, honesty is the best policy.

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rose8963
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March 01, 2018, 05:49:57 PM
 #857

ICO is a new way to get free money but it's not that easy to do it require lot of hard work and knowledge. You also have to be very careful in choosing ICO because all ICO is not promising some are successful and some are scam, so you need to be smart while choosing ICO.
ICO is a very long process of operation and formation. You can not do j but have value stuff. That is the nature of the problem. ICO investment is great but does not mean you see things easy in there.
Cryptophorus Columbus
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March 01, 2018, 05:55:26 PM
 #858

People think that to create an ICO is just a five minute job, but actually require an enormous quantity of work made by a professional team.
It would be very stupid to make all this worm just to scam some little money, when - with the same effort - you can create a profitable business.
So, ICO is not free money and - in the majority of cases - are not scams.
Wildskull
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March 01, 2018, 06:08:12 PM
 #859

Not all ICO swindlers, many just couldn't realize the ideas. It is still very young market and stability meanwhile in him aren't present. But there will be ICO more reliable and thought over to trifles. At least I hope for it.
pavelkor
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March 01, 2018, 06:10:53 PM
 #860

If it would be so easy, go and make your own ICO and try to invest "free" money, i read some CEO blog, like what way he did to reach his goal, it no seems so easy, and if u have noffing behind u, like strong team and already good business related to IT, i think u have zero chances for it.
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