Too many ICOs

[emmaeducatorxx]

I was thinking the better caption would have been plenty icos causing distraction. They are now everywhere but I believe with time, we start seeing and knowing the appropriate signs for the genuine ones.

[emmaeducatorxx]

I agree that now many dicks do not have a specific development plan and whitepaper and are only directed to a quick collection of money. To choose a good one you need to pay attention to these moments.

[DragonCoinZ]

I also think that we have a real high ico flood actually. And thats even when the market isnt bullish. And actually you see that a lot of initial coin offerings who has solid projects cant reach their softcap. The most ico who are running actually may been planned in the bullish times. But now they have difficulties to get enough for their project. You see in future there will be always less icos.

[Maikl]

In this regard, we must carefully approach the selection of the project in which you are going to invest. Due to the large selection of ico, cases of unfair projects and a lot of scams have become more frequent.

[Cryptober13]

I would say to have a look on AGRI tokens of blockgrain.io

They already have a working product and are leveraging blockchain to go to the next level.

Sleeping giant it appears. Their ICO ends around June last week

[Crasengover]

Yes, the number of ICOs is growing every month. But only 5-10% of them are really worth investing. Like Usechain - the project that aims to create the first mirror identity blockchain ecosystem! Usechain instroduces a brand-new consensus mechanism, Randomized Proof of Work to perfectly balance high performance and strong security, and apply multi-level authentication and encryption mechanism, Identity Network Sharding (INS), Identity Transaction Sharding (ITS), Enhanced Smart Contract, and other innovative technologies to create a new generation of Blockchain.

[lanndrysmith]

Too many ICO's but only few are legit and trusted, most of them are scammed. So before investing, make sure that it is good ico to invest and it has great team.

[Babyfaceless]

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 agree with you that the internet and social media sites are being flooded by ICO ads which I'm not sure have a substantial capability. Mostly these are ads are posted and shared by bounty hunters as part of their tasks. For me, I directly visit ICO rating sites for analysis and reviews of ICOs that I join. I think they have the authority and experience on that which I somehow trust.

[bitcoinforus]

Indeed, there are a lot of different ICO lately, all the hunters are talking about is the bounty hunters, but this is not so. There are many experts who have become rich on ICO and now give advice on what ICO are good, but they also should not be trusted, because they also receive money for advertising. Trust only yourself! Evaluate yourself, if you can not, it is better not to invest, but learn!

[DemonHunter83]

For me it's just a headache once a month. After the ICO. I get into this world of garbage, pick it for a couple of days and find something worthwhile. Just looking at everything.

[jdacer95]

no one will say how to make money, if you compete for them, you need to soberly assess it, so the best solution is to try everything.

[Spec_tro]

I think, the crypto world must be rule the creation of icos, because some ico is fail

[dankenstein]

definitly too much icos take place at the moment. if you look on different sides like icodrops or icoalert for example, you find alsmost every hour a plenty of new projects and that every day over the past months.
some of them are legit but most of them not a little ;-)

[auy]

It is a good news for a growing industry, it means that this industry is promising and peoples loves them. We will see that the industry will grow bigger and be mature along with time.

I do not think it's good for the industry. Most projects just want to earn some money. Their projects do not carry anything in themselves, so they can not give anything useful to the market of cryptocurrencies.

[pokemoso]

Only invest what you are willing to lose. Dont put your money all in one basket. Proper financial planning is important in every investment we make. Try looking in in SafeCrypt.io. A high security exchange that has high standards of quality and every piece of software is being tested multiple times before they make it publicly available.
I spent some time to study SafeCrypt ICO. I think this ICO could become one of the best this spring, because of several reason:
 1. This is cryptoexchange. And this cryproexchange has some advantages compare to existing ones: instant transactions, lowest fees, absolute anonimity, large select of crypto assts and others.
 2. They lead very good ICO policy.
 3. THey have Adequate and reasnable bonus rates.
read more here https://safecrypt.io/r566

Also Make sure to check out the merchant solution https://t.safecrypt.io

[greydking]

ICOs will become useful in the future, especially if digital currency will become legal around the world and for us to learn more about projects we can use this forum to search and read about their projects besides even social media don't allow advertising of ICO, still this forun can provide enough information for us, all we need to do is search and read.

[Loran Lann]

It is true that there are many ICO's arising nowadays and we have to choose the best one because there are many ICO's which are scam and fake. You must have a research on what ICO will you pick so that you can avoid scams.

[waaat?]

Yes, there are too many ICOs today and there are many ICOs are tuning together to attract investors into their projects. But I think only few of them are Legitimate because some of them are scams and frauds.

Agreed. Count of scam is more and more. I think today more than 50% ICO is scam or hidden scam. And it's sadly. Every smart men considers it his duty to make own ICO. Sometimes I understand SEC.

[radokan]

It is true that there are many ICO's arising nowadays and we have to choose the best one because there are many ICO's which are scam and fake. You must have a research on what ICO will you pick so that you can avoid scams.

How to choose good ico, most of icos are scam and it is hard to even see if ico is legit. i will do research on team, whitepaper and if something sounds fishy i will stay away from it. if it sounds too good stay away from it. be smart and be careful.

[waldocarter]

I believe that this is indeed a very serious problem. All who are not too lazy to organize ICO. Because of this, investors lose their investments. Because of this, credible projects are lost to really good projects.