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Author Topic: When will ICOs die?  (Read 6647 times)
sandgluenick
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October 22, 2018, 07:17:53 PM
 #1481

ICO will never die, that’s the best way to introduce project to the world although as Facebook, Google and some other big fishes of internet banned the advertisement for Crypto Currencies this doesn’t means ICO will die but, of course the manner of doing ICO’s will be altered.
Comparing to the beginning of this year, fundraising using ICOs decreased by 5 times. The reason for this is the presence of scammers, hacks, and mistrust of crypto. Moreover, ICOs may disappear completely because of these. Blockchain and other technologies have to be reliable and ICOs are without scammers.
Scammers are really annoying because it can make investors hesitate to invest in crypto. Currently there are many ICOs who cheat and make sense if investors are reduced. coupled with poor market conditions make ICOs more difficult to develop. but even though like that I think ICO will not disappear because crypto is developing with ICO.
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ci1990
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October 23, 2018, 10:13:00 AM
 #1482

Crowdsale ICO's may die. However this will be against the whole idea of ICO's. I hope ICO's won't become like IPO's where basically the general crowd gets rekt by getting dumped by private sale investors. During a bear market, crowdsales reduces but in a bull run I think crowdsales will still continue.

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October 23, 2018, 11:17:07 AM
 #1483

ICOs is not a new phenomena. It's just next stage of crowdfunding using new technology. IPOs are not about crowdfunding, it's about making extra money for public offering. New project can't go to IPO. But it can go to ICO or STO. Thus, I don't see any reasons ICO/STO should die. Perhaps it can be switched from blockchain to another efficient technology, but it still won't be a death.
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October 23, 2018, 11:19:02 AM
 #1484

Recently learned that more and more ICOs are closing deals through private sales and merely airdropping the coins. Will ICOs die, when will it?

when government start control mean ICO will die  Cheesy LOL
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October 23, 2018, 11:35:26 AM
 #1485

ICOs can serve a very useful function in society in terms of helping useful projects (although there are many scams too) so I don't think the idea of ICOs will go away.
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