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Author Topic: Too many ICOs  (Read 4688 times)
trash321
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October 16, 2018, 02:57:02 PM
 #801

Many projects today try to use all the same different ideas that are already on the market, this ultimately increases the amount of competition, but I don’t see coordinated changes, because today the projects are really not different.
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October 16, 2018, 02:57:30 PM
 #802

Thanks to the bear market, ICO hype has died. Nowadays most of the good project lower the hardcap and welcome investors. In the last bull season, ICOs kicked back investors from public sales with their Proof of love, lottery shits.

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October 16, 2018, 03:03:12 PM
 #803

Many projects today try to use all the same different ideas that are already on the market, this ultimately increases the amount of competition, but I don’t see coordinated changes, because today the projects are really not different.

I agree with you. Now there are really a lot of similar projects. But I myself think the main problem is scammers who have come to this market and want to get easy money.

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October 16, 2018, 03:05:24 PM
 #804

Check something like bountyhive and look there. On site like this (but I trust only this one) there is plenty choice of them and you may find any information you need if you want to.
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October 16, 2018, 03:26:13 PM
 #805

the more days, I think ICO is becoming rare. and less than last year. so you will be easier to choose ICO. But this year, I think getting a good ICO is difficult. I only rely on innovation from the type of ICO coin. I think that is the main thing to choose ICO will succeed.
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October 16, 2018, 03:32:25 PM
 #806

Unfortunately the situation hasn't changed yet. There are still a lot of trash projects, that are overwhelming the crypto space. We need more ICOs that have a working product, that we already can use. Not only ICOs with just a whitepaper and a telegram group.
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October 16, 2018, 03:34:06 PM
 #807

Every month I choose 3-5 projects and invest directly! I have been doing this for more than a year! Last year's profit was 240%
That is a lot to invest in every month. Having over 60 investments could remove your free time but at least you get to make money.

 
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October 16, 2018, 03:39:55 PM
 #808

I agree with that there is too many ICOs and coins that do not have value.
Most of ICOs have to make longer ICO period to gather capital to reach just soft cap.
There is information that 40% of ICOs dies in first 6 months of life.
We need more quality over quantity.

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October 17, 2018, 11:48:25 AM
 #809

I also agree with this statement: there are really too many different ICO and Bounty programs on the crypto market today. Therefore, the choice of a suitable project should be approached carefully, it is necessary to study information about the development team, technologies and development strategies.
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October 25, 2018, 07:54:38 AM
 #810

Yes, I agree with you, there are many ico projects. Ico is a great way of scams. I think that, from here, the number of ico is growing.
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October 28, 2018, 05:18:41 PM
 #811

There are really a lot of projects. I think this is due solely to the desire to create competition in the market and the lack of worthwhile projects.

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October 28, 2018, 05:43:53 PM
 #812

Yes, now there are a lot of projects, but it’s very difficult to choose among them worthy. I think today is a very difficult time to invest in ICOs
Researching the coins that I want to invest in during the ICO requires about a week because of the amount of ICO's released.

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October 28, 2018, 05:51:50 PM
 #813

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 usually look for good ICO projects in the Bounties section of the bitcointalk forums and find quite a few good projects on the first page. But to get more, you should visit the sites of reputable management groups to find. They will update the wonderful projects and not cheat. as BXUNTY, BountyCloud, Amazix, ...
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October 28, 2018, 05:57:14 PM
 #814

no wonder, if everyone wants to start their business in the crypto market because they know how much profit they get from this world. especially the ICO is the right way to make money for the success of the business they will develop using the blockchain system. unfortunately the ICO is used for criminals to steal investors' money. that is why the need for strict regulation on new ICOs

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October 28, 2018, 06:00:04 PM
 #815

Too many ICOs these days . The worst part of it is that not all are genuine, we have seen some of them that later turn out to be scam, that is why is good to research well before you invest.
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October 28, 2018, 06:03:52 PM
 #816

many speculate that the number of ICO might fail or scam. whereas in fact some ICO did not achieve a softcap which reduced the reputation of the project and benefited small investors who did not profit from their investment

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October 28, 2018, 06:06:19 PM
 #817

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 ?
  In fact, ICOs are not bad, just the ones who make ICOS so scam makes people think bad about it. There are still a lot of potential ICOs and the way I find them is to get to know the things behind those ICOs: the developers, investors, potential and purpose of those ICOs. I think it is really necessary when you want to invest in an ICO

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October 28, 2018, 06:13:16 PM
 #818

Hey, i have very popular strategy. First of all, I check the website. If it is normal, I will check every member of it's team. They must have old profiles in LinkedIn.
Also there some options that must have ICO before investing in it:
1-MVP, I think that minimal product should be shown for investors fot better understanding of concept.
2-Soft cap, If projects reached soft cap, it is less risky for investment.

But if you don't have enogh time for analyse, you can check icodrops or icobench, their scores are objective.
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October 28, 2018, 06:18:54 PM
 #819

ICO has so far arrived in the crypto world. They compete with each other to showcase the technological work they will create. But it's true with your words that the ICO isn't all that good. I have a suggestion that you see a project that has a guaranteed future, an experienced manager, and a large number of investors who join (hardcap).
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October 28, 2018, 06:48:25 PM
 #820

The number of ICOs currently, we must be more vigilant and also selective in choosing a legitimate ICO. Some ICOs have the potential to be vulnerable to failure because they lack work creatively and also maximally, so they are unable to make the ICO ready to compete in crypto and are also unable to provide the best performance for the ICO. What is the benchmark in the ICO assessment at this time is the achievement of sales, the better the sales of ICOs, the better performance by the team? and have a greater chance of success and not a scam.

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