CherRic
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December 29, 2017, 08:10:35 AM |
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Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
I dont think so, it wont end. I believe that as long as altcoins exists, ICOs will continue to exist and evolve. Also, because of ICOs, many altcoins continue to exist and i think thye make the market of crypto currency alive.
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Dinct
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December 29, 2017, 08:27:09 AM |
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It's not gonna die for sure. Maybe there will be some regulations, but not sure about that. In anycase, wish you a happy new year with many icos to invest on.
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IlfarIldarovich
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December 29, 2017, 08:28:54 AM |
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Who has already made products more promising ,able to conquer part of the market
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K210
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December 29, 2017, 08:29:38 AM |
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99% of IPO/ICO are garbage so yes they will die. Just like the altcoin shitstorm of 2013-2014.....
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ethereumhunter
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December 29, 2017, 08:31:20 AM |
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actually, I am not sure about this because I think ICO is just like trends which come and makes people attracted to the project and I think in one day, people become bored and they think to search another project to invest their money. but if the dev can make something new than what we see today, maybe the ICO will be staying for a longer time.
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slaman29
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December 29, 2017, 08:35:45 AM |
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ICO will not die on 2018. The process will still be on going. Many people patronize and engage in this ICO because of its decentralized kind of organization. And I think this is why ICOs will remain as long as people are still engage and forever will be patronizing this organization. There are lots of benefits that ICOs can give.
You said it already that companies improve their ways to get rid of scammers. In this way we can have a better access to ICO and be always mindful in every input that you did.
Actually, a lot of ICOs are centralized... the projects themselves are led by decision makers, the token owners have no voting rights on anything, they usually just have access to a decentralized ecosystem. But the future direction, profit sharing and everything, are actually decided by the project owners. It's very hard to design something that has leadership decentralized. An example is ETH itself. They raised funds to build something but every iteration since, including right after the DAO hack, was all out of the hands of most ICO participants. That said, there is absolutely no death of ICOs for 2018. It will only get bigger.
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ECE_2018
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December 29, 2017, 09:27:35 AM |
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I think, the idea of ICO's are still worth it in the coming years. It's true that more and more ICO's now are just scams, that's why we must select carefully on what ico's we will be participating in. There's still a lot more room for new tokens and use of crypto in our life. Some creative minds can still make something that's worth investing on.
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seek4dream
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December 29, 2017, 09:46:47 AM |
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99% of IPO/ICO are garbage so yes they will die. Just like the altcoin shitstorm of 2013-2014.....
I don't think it is fair to make that harsh statement. I don't deny that there are many ICOs(maybe more than 50%) which is created to make quick money for devs. Still, there are some legit projects that is worth investment.
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mico
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December 29, 2017, 09:49:58 AM |
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99% of IPO/ICO are garbage so yes they will die. Just like the altcoin shitstorm of 2013-2014.....
I don't think it is fair to make that harsh statement. I don't deny that there are many ICOs(maybe more than 50%) which is created to make quick money for devs. Still, there are some legit projects that is worth investment. ya but it is only take around 0,01% . all the rest are scam and fail project with impossible idea, crazy idea. the hard part how we can choose a good ICO to invest. ICO never die.
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AiwaDima
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December 29, 2017, 10:18:09 AM |
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So there are a lot of cheaters, but I think in 2018 I will just come up with how to sort out bad ISOs from those worthy of attention.
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Ziminator
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December 29, 2017, 10:36:36 AM |
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A higher level of complexity of fund-raising is guaranteed. Too many of them now. Many ICO created do not understand why. Many scams. And really good projects will be lost among them. but still will not die.
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belinda97
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December 29, 2017, 11:14:16 AM |
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I think we are only at the beginning of the development path, but in 2018 I think government will issue more laws to control this area.
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onesalt
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December 29, 2017, 11:31:37 AM |
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You will be asking this questions in 2023 as well, believe me. ICO is a good strategy and it has good investment opportunities. It will continue spreading. There might be some government issues, of course, but similar situations happened at past. All issues are solved.
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TedMosby
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December 29, 2017, 11:54:54 AM |
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some ICOs just selling a concept without having the actual product or even a prototype. But most of ICO participants doesn't care about. as long as they can make a good profit, why not?
Will ICO die in 2018? like the migration of analog to digital, offline to online world, ICO will still alive on 2018 because not all products/services in this world has been covered yet by the blockchain. even, if all of products/services already covered, there is always a room for competitors.
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5ensei
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December 29, 2017, 12:24:57 PM |
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ICOs will never die but it will just be more difficult to separate the good ones from the scams. Scammers are likely to become more sophisticated so need to do more research and ensure only good ones are invested in. Hopefully the scam icos will die!
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pegla
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December 29, 2017, 12:28:12 PM |
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ICOs will never die but it will just be more difficult to separate the good ones from the scams. Scammers are likely to become more sophisticated so need to do more research and ensure only good ones are invested in. Hopefully the scam icos will die!
This so much. Honestly at this point i don't consider ICOs a good investment anymore. Wait for them to hit the exchange, and if the product is useful, the price will rise. I see no point in investing money in a certain ICO, when there are probably 10 similar projects out there at the same time, each promising the same thing
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asriloni
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December 29, 2017, 12:39:50 PM |
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Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
I was reading your bold sentence and it seems just another bullshit. Can you give me the more explanation about why was kickcity using the ico to raise the fund? I just know that you are trying to promoting your project rather than open a public discussion about the existence of ico in the future. Well, since you asked =) KickCity exists for two years and its time to expand. Blockchain and the token economy will let platform to up to the next level. There is the Grant from Helsinki Government but this is not enough. The idea is referral system - users will be promoting events and get reward with cryptocurrency. It will be safer with blockchain. So, what makes that will be safer with the blockchain? That means kick city was officially supported by the helsinki government? But I'm not sure about the referral system will be working properly. If that needs the more verification to spread the referral system and it will become a good thing but as long as people are still cheating it and it will still become a bad thing. What makes you feel optimistic about the referral system will be working properly in the future? So many people are spamming their referrals anywhere.
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jackmaster
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December 29, 2017, 12:43:59 PM |
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I hope the ICO craze will end soon. I don't think cryptos should be mixed with startups/kickstarters. Cryptos should be trustless, transparent and decentralized, ICOs are none of those things so using a blockchain platform doesn't really offer any benefits to them, in fact just giving a bad name to cryptos.
I dont think by the same way as you, icos are a good thing after all. Maybe without them, there would not even be a quarter of all the altcoins that are on the top 20 at the moment. In my opinion ICO's are great thing, but we are in the beginning... We have a lot of scammers but in the other hand we also have great companies coming ... I agree with that "without them there would not even be a quarter of all the altcoins that are on the top 20 at the moment"
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ngovanngoc
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December 29, 2017, 12:53:31 PM |
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I think everything will continue, Your job is to choose the really good companies to invest in! Good luck!
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3months18w
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December 29, 2017, 12:56:47 PM |
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I see more and more countries are issuing or plan to issue related laws to control ico, so it will not die , but be in control by government .
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