kk22kk (OP)
Newbie
Offline
Activity: 6
Merit: 0
|
|
November 23, 2017, 11:34:21 AM |
|
Hello everybody!
Do you think that ICO’s market is going down? Lot’s of scam and shit projects, expensive marketing for good teams, investors do not like to invest in ICO because token will go down after release on exchange…and other problems
Do you think that ICO’s market is going down? Lot’s of scam and shit projects, expensive marketing for good teams, investors do not like to invest in ICO because token will go down after release on exchange…and other problems
We need ICO 2.0. What I mean about ICO 2.0 We need transparent regulation based in blockchain. We need to implement round-system. This round-system is aimed to solve the most important problem, we do not give the team the whole amount at once, because it will actually destroy the startup, breaking down the founders’ desire to develop the project or to change the original business model. A startup is a search for a functioning business model, few people can immediately visualize the development of the project for months and years ahead. Our plan:
- Pre-seed round up to 50k$-150k$ Requirements • Whitepaper 1.0
What for? • MVP 1.0 • due diligence
Project gives in Tokens up to 10%
Seed up to 300к$-500k$ Requirements • WP 1.0 + business plan • MVP 1.0 • due diligence What for? • Website • MVP 2.0 • VP 2.0 • Community creation o Community standard • Primary marketing • Legal issues o jurisdiction o company organization o bank o information about the founders o due dilegence
You give in Tokens: up to 15%
Round A 1 000 000$ - 3 000 000$ Requirements: • Website • MVP 2.0 • VP 2.0 + business plan • Community creation • Primary marketing • Legal issues What for? • Scaling o marketing o community o Road show • MVP 3.0
Project gives in Tokens: up to 20%
ICO from 5 000 000$ The introduction of tokens to the market: from 35% up to 55%
This round-system is aimed to protect the interests of investors/backers from fraud and incompetent teams. Even if the project has a strong team and a strong idea, this still does not guarantee success of the project, because the business model may simply not work, and it will be clear right after the Seed stage. In this case investors lose from 100к$ to 500 к$, but not dozens and hundreds of millions of dollars as it is now. In addition, we need to give a transparent report on the work completed.
What do you think?
|
|
|
|
Jonashe
Full Member
Offline
Activity: 194
Merit: 100
CryptoPuzzle.com developer
|
|
November 23, 2017, 11:36:21 AM |
|
It's going down because a lot of people just buy to make quick bucks. That a lot of project are made on blockchain just to use the buzz word and make money. That there is very few interesting ICO project right now. That a lot of investor think that each ICO have a good ROI, so they buy it without research. And of course there is people to take advantage of that.
|
|
|
|
ask
Legendary
Offline
Activity: 1386
Merit: 1004
|
|
November 23, 2017, 11:41:28 AM |
|
Lots of successfull ICO projects are already up thousand times from ico sale price. This is a magnet for scammers. And they are doing their work. Just newbies are not reading and investigating enough to spot them. Thats the all problem.
|
|
|
|
cryptomngr
Member
Offline
Activity: 182
Merit: 10
|
|
November 23, 2017, 11:41:49 AM |
|
God cant save the ICOs from being a scam project.People always find ways to fullfill their greediness thats the human nature,I wish ICOs should be regulated by someone somewhere.
|
|
|
|
peynman
Newbie
Offline
Activity: 43
Merit: 0
|
|
November 23, 2017, 11:49:53 AM |
|
They are just being crowded but the ICO's are not going down, there are still some good ICO's left on that crowded place. And how come they know (the investors) that the token will go down after it got listed on exchange? Where do you get that statement?
|
|
|
|
kk22kk (OP)
Newbie
Offline
Activity: 6
Merit: 0
|
|
November 23, 2017, 11:51:10 AM |
|
Guys, And what do you think about round system like in venture market?It's on first posts I think scams will die in seed stage. They are just being crowded but the ICO's are not going down, there are still some good ICO's left on that crowded place. And how come they know (the investors) that the token will go down after it got listed on exchange? Where do you get that statement?
Lot's of examples. Especially last ICO's ... I know minimum five ICO who raise more than 25m...and Token went down
|
|
|
|
skullsandbones
Member
Offline
Activity: 222
Merit: 10
|
|
November 23, 2017, 12:27:09 PM |
|
God save all the good ICO's perhaps and leave the rest that are SCAMS out of the equation. Too many around right now and we need to be careful.
|
|
|
|
asriloni
Legendary
Offline
Activity: 3052
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
|
|
November 23, 2017, 12:34:13 PM |
|
No, do you want to involved the banker in the ico? There are some promising icos, you can make your own ico. As long as you can try to do a proper research for every project and that will decrease a lot of the chance to get scammer from the ico. I made 10x from powerledger.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
fatenmo
|
|
November 23, 2017, 12:38:27 PM |
|
As long as you do research and stay clear of scams, then you have no need of anyone else. Listen and see everything but believe in nothing - scams are everywhere!
|
|
|
|
Adrianoff
Newbie
Offline
Activity: 117
Merit: 0
|
|
November 23, 2017, 01:13:57 PM |
|
The idea seems legit but it requires to be developed. Round system would stop the massive flow of newcoming ICOs. But if so, would then ICOs be different from VC?
|
|
|
|
kk22kk (OP)
Newbie
Offline
Activity: 6
Merit: 0
|
|
November 23, 2017, 03:30:46 PM |
|
The idea seems legit but it requires to be developed. Round system would stop the massive flow of newcoming ICOs. But if so, would then ICOs be different from VC?
Of course it would. We talk about p2p investment. Everything will be transparent and open source. God save all the good ICO's perhaps and leave the rest that are SCAMS out of the equation. Too many around right now and we need to be careful.
We need powerful rules to prevent scams. It should not be government. It should be open source solutions. No, do you want to involved the banker in the ico? There are some promising icos, you can make your own ico. As long as you can try to do a proper research for every project and that will decrease a lot of the chance to get scammer from the ico. I made 10x from powerledger.
Fuck banks. ICO it's fantastic tool for business. But when you earn 35m you think you will work on your product? We talk about business and products not about speculation.
|
|
|
|
readytogooo123
Member
Offline
Activity: 241
Merit: 10
One Token to Move Anything Anywhere
|
|
November 24, 2017, 09:44:22 AM |
|
I think it’s better to add some type of regulation. For me, I would like to know more about updates on the project in which I invested. For example, what have been made so far, on what stage the service or product is, etc.
|
|
|
|
Jamie_K213
Member
Offline
Activity: 235
Merit: 12
|
|
November 24, 2017, 03:03:21 PM |
|
Wouldn’t round system turn investment from short-term into long-term? I mean, many investors sell their token right after ICO or wait for some days. Not many of them wait for long-time to exit.
|
|
|
|
babygotback
Member
Offline
Activity: 266
Merit: 10
|
|
November 24, 2017, 04:24:22 PM |
|
Wouldn’t round system turn investment from short-term into long-term? I mean, many investors sell their token right after ICO or wait for some days. Not many of them wait for long-time to exit.
Not really. Tokens are issued. And if make agreements with exchanges, then it will have liquidity and any investor and buy or sell it.
|
|
|
|
trecore4
Sr. Member
Offline
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
|
|
November 24, 2017, 04:25:18 PM |
|
This is the reason way there is more demand for the regulated ICO now and government might just take the decision on this to regulate the stuff and make it under controlled environment. If that happen then the ICO will have to go through various verification process and if that happen then government will have the legal proof of every team member and owner of the ICO on whom we can take the legal action if something gets wrong afterwards.
However, that day is still far from now and there doesn’t seem any good movement in the field yet. For now scam list will keep growing so its better to earn money from the ICO which has been already listed on the exchanger and its been while for the project and already on the verge of good development. This way everything can be preserved nicely and our investment would be safer.
|
|
|
|
hottornott2
Newbie
Offline
Activity: 229
Merit: 0
|
|
November 24, 2017, 05:33:32 PM |
|
Scams are evolving they're trying to trick contributors in every way possible. round system of limited sums will stop scammers.
|
|
|
|
makuhpal
Member
Offline
Activity: 256
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO
|
|
November 24, 2017, 05:45:10 PM |
|
Nice overview mate,but we dont have any regulatory board that filters ICOs.Thats what i am waiting to happen to revive the ICOs because today if you say ICOs the first thing people will think it is a scam.
|
|
|
|
bcmine
|
|
November 24, 2017, 05:47:05 PM |
|
Nice overview mate,but we dont have any regulatory board that filters ICOs.Thats what i am waiting to happen to revive the ICOs because today if you say ICOs the first thing people will think it is a scam.
the time of quality icos just ended. nowadays there are too many imposers and scammers.
|
|
|
|
MikeBtoB
Member
Offline
Activity: 98
Merit: 10
🤖UBEX.COM 🤖
|
|
November 24, 2017, 05:51:44 PM |
|
Your idea is very good, but nobody to agree to such conditions. And how it will be implemented, the scammers will always Scam. Just need to learn to see it in the beginning.
|
|
|
|
wantjokull
|
|
November 24, 2017, 05:58:38 PM |
|
Yeah that is why I lost more than $500 bucks since last month on the ICO stakes. This was crazy investment I ever had and I was so into all of them. ICO are like very attachment things, they attract us and show us dream that we will make big money from them but at the end everything gets collapsed and they put us into position to sell our things at very lowest prices. The things well, the token itself. Im feeling so bad about this investment now a days. It was golden period when altcoin projects or ICO project used to be greatest investment ever, I mean the profits were free, without any more efforts than just investing into ICO blindly! But now a days its gone, we have always loosing fear for our investment. Hopefully things will change over again but I think it will need lots of efforts to be taken.
|
|
|
|
|