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Author Topic: Why So Many ICOs — What Does It All Mean?  (Read 1436 times)
NeoTech42
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November 20, 2017, 10:23:34 AM
 #61

ICOs are the new way to fund "easily" startup projects but there so many scams, be careful and check everything before investing (the WP, the prototype, etc.)
coin-continuum
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November 20, 2017, 10:40:47 AM
 #62

The same reason why many IPOs exist. People look for ways to fund raise and ICOs appear to a decent way to do so.
bbcolex
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November 20, 2017, 04:00:53 PM
 #63

easier and New way getting funds from crowdsale. Some of them are already establish company, but still holds crowdsale maybe to expand their business and utilize the use of blockchain. SOME will deliver some will just promise with no outcome. So better invest money to a project you think will succeed in long run.
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November 20, 2017, 04:07:03 PM
 #64

The same reason why many IPOs exist. People look for ways to fund raise and ICOs appear to a decent way to do so.

Yes, ICO is a easy way to raise funds since there is no much regulation for that, also common investors can invest in ICO since there is no high requirements.

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nexus2k14
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November 20, 2017, 04:13:05 PM
 #65

Initial Coin Offering market has exploded dramatically and is getting slowly oversaturated, and there is still a lot of new projects coming every day. It's a great way to kickstart new company as long as your choice is good.
Why is so many ICO's?
Because there are a lot of people that want to invest from the beginning of company not like on Stock Market when company stock price is already too high for average Joe. You must do your own research and make a good choice, and then it can be very profitable like recent ICO Power Ledger (POWR) where the current price is 10x higher than ICO.
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November 20, 2017, 04:16:41 PM
 #66

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here
Well for me it is no suprise that there is so much money getting piped into the cryptocurrency, i mean since the dramatic increase of bitcoin's price people have been eager to know more about it and it acted as a bridge to intrduce poeple into more  cryptocurrencies liek ethereum which proved to be the best option for developpers and new project founders to get some kick starters and begin their projects, and this by being able to create their own tokens using ethereum and sell them to people, and there is no suprise that we will see more and more poeple going in into this new industry and this new market that is the cryptocurrency.
FrankNoland
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November 20, 2017, 04:28:43 PM
 #67

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here
Basically what this means, IMO, I think think that a lot of companies are integrating their products to be built on blockchain, we shouldn't forget that blockchain technology is about to take over the world, soon enough a lot of products will be built on blockchain technology.

We might further think of it as the fact that startup companies are looking for the quickest way possible to raise funds for their projects or companies. However, my advice is don't invest in projects you don't know or hardly understand the concept, only invest in projects that you believe in and have hope that they will make it the near future. As an investor, you should invest in projects that will benefit you in a way.

Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
kriptotr
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November 20, 2017, 04:29:38 PM
 #68

Initial Coin Offering market has exploded dramatically and is getting slowly oversaturated, and there is still a lot of new projects coming every day. It's a great way to kickstart new company as long as your choice is good.
Why is so many ICO's?
Because there are a lot of people that want to invest from the beginning of company not like on Stock Market when company stock price is already too high for average Joe. You must do your own research and make a good choice, and then it can be very profitable like recent ICO Power Ledger (POWR) where the current price is 10x higher than ICO.

So many ICO means this field is getting expanding all around the world with more companies. This will create a more stable environment for blockchain investors and users obviously.
KingScorpio
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November 20, 2017, 04:34:01 PM
 #69

Initial Coin Offering market has exploded dramatically and is getting slowly oversaturated, and there is still a lot of new projects coming every day. It's a great way to kickstart new company as long as your choice is good.
Why is so many ICO's?
Because there are a lot of people that want to invest from the beginning of company not like on Stock Market when company stock price is already too high for average Joe. You must do your own research and make a good choice, and then it can be very profitable like recent ICO Power Ledger (POWR) where the current price is 10x higher than ICO.

So many ICO means this field is getting expanding all around the world with more companies. This will create a more stable environment for blockchain investors and users obviously.

you will never get 100% sure investments thats how it is, and if people continue to keep bitcoin it will collapse, bitcoin has 28 usd transaction costs now who can afford that?

bitcoin would be nothing without the media structures around it its no state no nation it doesnt even seek to achieve something.

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November 20, 2017, 04:58:49 PM
 #70

It means that the ICO is the new trend in the cryptocurrency and we should be careful in participating because some of the ICO in the market are just scams because they are trying to catch some newbies who didn't know what to do before investing so they are taking advantage of that ignorance and trying to scam them and that is why we should be really careful and investigate first before investing.

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Rhaizan
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November 20, 2017, 05:11:55 PM
 #71

ICOs are the new way to fund "easily" startup projects but there so many scams, be careful and check everything before investing (the WP, the prototype, etc.)

Just check and study first about the project before we invest
,we need to be very carefully in terms of investing that is why checking is always the first step we do, this is one of the best way to avoid scams.
wissy
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November 20, 2017, 06:29:48 PM
 #72

It means that you need to be careful since there are a lot of scam ICOs out there which are eating away potential investments in real projects and lowering ETH price in general.

Zeke_23
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November 20, 2017, 06:36:43 PM
 #73

ICO is the new way of collecting funds to the investors, they use ICO to fund the certain project, to provide the budget needed to make it great, to place it on exchanger, and to develop it. ICO is a process which you can locate and watch the funds coming to the project.

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robertdhags
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November 20, 2017, 06:42:55 PM
 #74

It means that the ICO is the new trend in the cryptocurrency and we should be careful in participating because some of the ICO in the market are just scams because they are trying to catch some newbies who didn't know what to do before investing so they are taking advantage of that ignorance and trying to scam them and that is why we should be really careful and investigate first before investing.
so what are needed before joining with this such ICO we know that they are a lot but before making decision is make sure that you know already and make a research of it than you are take it rush.
Miderian
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November 20, 2017, 06:44:02 PM
 #75

ICO is not necessary a bad thing, but it enables easy money with scams.
But in a market with regular trading we can win and we can lost and we don't call that a scam.
It's not same, but it's not so different either.

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November 20, 2017, 07:47:55 PM
 #76

anyone who has a good development of a technical solution or a product or idea or a greed for profit can be realized now
it has two sides
InsightCryp.to_support
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November 20, 2017, 07:59:31 PM
 #77

It's because of the blockchain technology which has established the trust among investors with cypto currencies. Smiley
Igor17Krik
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November 20, 2017, 08:00:14 PM
 #78

This means that the world does not stand still! There will be new advanced technologies. The era of the Internet! Wink

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Fatunad
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November 20, 2017, 08:20:28 PM
 #79

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here
The main reason why ICO is booming up because they do see that theres a strong support of the community when they do decide to launch up a certain good project which would really make profits so easy and the trend goes on and now the reality comes through on which scammers and frauds joined up the action and making their own coin and market them public which do make raised some funds and poof. Theyre gone and scam its investors. They are really many as of now and if we do try to calculate how many % do become success on these ico would really be less than 3% overall. Cheesy
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November 20, 2017, 08:43:26 PM
 #80

I look at the ICO's as a new wave in an online capital formation. It may look like a bubble currently, but it is a legit and very future-proof way of raising money for businesses. Crowdfunding - a previous boom in this field was also a surprise to everyone. No one could imagine that it is possible to raise up to $1 million from strangers online to start a product. Now, when we add investing perspective to the crowdfunding, we get an ICO phenomenon.
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