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Author Topic: Too many ICOs  (Read 4688 times)
Tactical Genius
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February 16, 2018, 01:19:51 AM
 #21

I think there is a paradigm shift which many must embrace unfortunately people are embracing this shift in a wrong way.People are capitalizing on the advantages of the blockchain technology to create projects that may have real world uses.Some are genuinely game changers unfortunately others are just outright scams.

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kapoygyud
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February 16, 2018, 01:20:03 AM
 #22

actually there's a lot of ICOs, you have a freedom to choose and select of your best Icos program it needs to study their whitepaper and their product before you join in ico and to avoid scamm.

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February 16, 2018, 01:21:26 AM
 #23

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
I think the white paper is quite important and we can search the history of the team members to see if they are good enough.
Clay99
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February 16, 2018, 01:22:18 AM
 #24

Yes you are correct.  It is dilution of the pool of money, when really the bulk of these are just copies of each other.  That is the way I carry out my first pass, if they are not building something new or a significant step up from a previous similar coin it is hard to hold my interest - might throw a little money behind it as a gamble if I see good publicity.

Basically at this point it comes down to about a dozen different use cases and 1000 versions of it.  Everyone is in for the easy money they can get by creating an ICO.

The good ICOs are hard to find, and new real use cases are even harder to find.  Keep at it you will find some good ones in the mix, I probably spend a few hours each night searching for something new that could actually turn a profit, not just for the company but for investors also.
Geoll29
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February 16, 2018, 01:27:49 AM
 #25

To find the good icos we must check first the people behind them. They should have good track record. We should also look at plan future plans that will benefit investors.

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February 16, 2018, 01:30:19 AM
 #26

Actually this rage for the launch of new ICOs every day must find sooner or later a strong regulation from the authorities, because it is leading to the circulation of huge amounts of money directed to many projects that do not even seem to have a serious and necessary utility in the real world, and only can lead naive investors to frauds and deceptive investment schemes.
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February 16, 2018, 01:38:03 AM
 #27

Good or not an ICO project, can not be judged by whether the project is advertising on FB, Google, etc. But good or bad a project can you conclude yourself from reading whitepaper, see who is on his team, and how the enthusiasm of potential investors Wink I used to judge a good project by seeing if he put an ad on FB, Google, etc. But the result of the project failed in ICO Grin
so never judge an ICO project just because they are advertise on FB, Google, etc. But judge as i explained above Tongue
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February 16, 2018, 01:40:10 AM
 #28

Well, its not really a problem if there are a lot of ICOs going on right now. It only means one thing, people are beginning to see a different light in the cryptoworld. It is nice to know that more and more people trust these cryptocurrencies. As for the investment risks, it pays a lot to do some thorough research before letting go of those coins.

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February 16, 2018, 01:53:31 AM
 #29

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
True, it's quite annoying how many scam ICOs are there.

I try to validate the information presented and connect the dots. The first thing is to know if the team is really working on the project.

bizonglimang
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February 16, 2018, 01:53:53 AM
 #30

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
I will read the white paper and find out the history of the team members to see if they are good enough to make the coins high in the future.
PaPog
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February 16, 2018, 02:02:01 AM
 #31

No, i don't think there are too many ICOs ongoing right now,
People will still participate if that ico looks promising and prospective.
all we have to do just  choose the project carefully.
there are so many people wanna participate, join, and invest in ICOs.
marcuslong
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February 16, 2018, 02:06:18 AM
 #32

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

Honestly too many ICO and hardly to choose because a lot of opportunity to compet and make it successful.It is a sign that this year the capacity of ICO Team are nicely interested to conduct ICO project.This happening right now was symbolized for the demand of cryptocurrency especially for bitcoins name.We should be lucky because if may ICO conducted so the bounty hunter's opportunity to joined bounty compaigns is unlimited.I would say unlimited because it can vive credit for bounty hunter to choose the good ICO and on how It can really help for every bitcoiners profit.We glad to be here and don't waste your time to joined the ICO Project because this is the beginning for all of us and not in ending processm
cryptoamumu
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February 16, 2018, 02:25:23 AM
 #33

I think the team/company behind the ico is the most important factor in determining if the ico is going to be good or not. Look at dragonchain. The ico did great because the team composed of members that worked at disney and had experience in the field already. Some icos are anonymous and people prefer a face behind the project. Another one is Wabi. The company was already doing stuff already before the token release so there was a working product. We just need mass adoption and then we going to the moon.

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retampan
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February 16, 2018, 02:25:23 AM
 #34

I usually just find an ICO with many participants of the ICO and bounty participants of the campaign and it is based on how much & how good the community is, that is the criteria for choosing a good ICO in my opinion.
In another way, you can find a good ICO on the featured ICO rating website or John McAfee statement about it.
One thing you have to know, you have to think twice before investing your money in a project, because some of the projects it might be a scam.
Blake_Last
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February 16, 2018, 02:33:15 AM
Last edit: February 16, 2018, 02:44:15 AM by Blake_Last
 #35

Often I am just looking at review sites and checking out videos from trusted YouTubers to find out which ICO is good to invest in and/or participate in their bounty. On YouTube, you'll get interesting ICO analysis and evaluation from people like Boxmining, Crypt0, The Crypto Lark, Ameer Rosic, Keith Wareing, Coin Bloq, etc. Look for their channels and find out for yourself why I recommend them.

cryptoblue
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February 16, 2018, 02:35:13 AM
 #36

It is true that there are too many ICOs these days and It is very difficult to find the good project. I believe ICOs should be strictly regulated so that they can't scam investors. I usually google search to know more about ICOs.

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hachiman13
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February 16, 2018, 02:49:01 AM
 #37

Indeed, there are too many ICO at this moment but it shouldn't be hard to find good projects since we have many ico review sites like icobench and icorating. Besides, a good ICO will shine on itself even without much advertisment as they focus on the development of the project—one should keep an eye for those.
roadwell890
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February 16, 2018, 02:59:30 AM
 #38

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

When you invest in an ICO
make sure Roadmap is running and nothing is delayed delay
A successful example of ICO is CentraCard
While the ICO in question is Electroneum, the roadmap states that mobile mining will go online on November 1, 2017
But they lie, until now February 16, 2018, no changes to Electroneum, only website updates only

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February 16, 2018, 03:04:19 AM
 #39

I do agree that we are already flooded with ICO but some of the ICO seem fresh and promising, usually to know a good quality ICO, I start by reading the whitepaper, check the developer and the team are very important, see the roadmap and the vision of the coin, and then it's the marketing job to make their ICO to standout among ICO


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February 16, 2018, 03:57:10 AM
 #40

ICO's one of the best advance tech project, they are most advance platform than the other old coins in the marketcap. I'm a big fan of ICO anyway with real project and use cases.
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