Over 90% of ICOs are a scam

[pehatas]

I believe that this figure is greatly exaggerated and in fact, if you carefully analyze ICO projects, this figure is reduced to less than 10%. Everywhere there is a lot of deceit, but you need to be smarter.

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[NOTARIUS_BTC]

No. I know a lot of ICO through which my friends make a profit. There are also fraudulent, but it can be leveled qualitatively by choosing an ICO.

[Cangkeman Wae]

Don't ever think that when you get hit by a scam then say that 90% of ICOs are scams, if you don't have complete and clear data then you just accuse, make ICO as a good future investment, and of course choose ICO which prospects are things that important.

[liveyourlife]

I think not, just what is missing to implement the idea, a weak team, various errors and therefore, the failure feels like it's cheating.

[edongzkitetet]

Yes, I think it is a fraud and an attempt to devalue or denigrate the importance and prestige of the cryptocurrency market as a whole.

[JackdunR]

I think no more than 90% of the ICOs are fraudulent, I think about 80% are fraudulent, as there are so many scams today, I think we are very careful when investing in ico.

[Faraha_JJJ]

Agree with your point, I would say 50% of the ICO don't have any real usage in world, they just raise money to make some useless product. One has to be careful while investing the money on ICO.

[littlestar92]

Yes . However, if we know how to select good projects, it will be more profitable in the future. But to choose good projects and investments is very difficult.

[nurbay]

I think, not 90% of ICO are scams.
There are still many honest and attained ICOs and are said to be successful in creating coins that have good concepts and sell in the market.
I think there must be a policy that regulates the suppression of the spread of ICO that is the scam, this is a step that must be strengthened because if there are still many scams in the ICO project then the ICO will be destroyed because of the lack of investors.

[btcmegastar]

Recently some surveys mentioned 80% of the ICO are scams because they are launching because in order to cheat investors without any actual developments. So we have to be very careful while investing in the ICO's if they start developing many companies will follow them but they are cheating the community.

[Signmd]

I totally agree that 90% of ICO is fraud and collecting money! Many ICOs do not have a good idea and team. If you want to invest in ICO, then you need to carefully study this project. Now there is a lot of ICO in the market and only 10% real!

[kolonel_x]

I think only 30% of all ICO is going on and that's not all a scam. there are indeed those who don't get soft caps
some experience regulatory difficulties in their country.
if the price in the market is very far from ico because the BTC and ETH conditions are not stable

[qiman]

Many of the ICOS are just startups that are trying to raise capital but on the blockchain in a decentralized manner. The only thing though is we have had a lot of scams of late like Bidium, mostly these are web developer who just put up a website and try to raise funds and then disappear. A lot of these scammers have come form other online scammy places, like revshares, cyclers and hyips. So now they want to cash in on Bitcoin and they create websites to scam us now. Worst part is most of the scams are coming out of Asia, which makes me feel ashamed as I am Chinese. It gives us Asians a bad name. Same with the bounty cheaters, most I have found so far are from Vietnam, again a real shame because Vietnam is a beautiful country!

[1DC]

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

Based on my experience , I gotta say that most of the ico's are scam but it's not like 90% , I think that percentage is too much to say because some of the ico's are legit and can give you some good amount of profits.

[rdtt13]

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

You're right that 90% of ico's are scam because I experienced it myself last time when I invested my money in some money grabber ico . I thought that it was legit because their preparations are good so I trusted it but after a week or so they just lost .

[Nexus77]

Indeed this has become a financing industry for fraud. many people should have been there since the beginning of the year more and more ico but also getting worse because ico sometimes did not care about being able to succeed and there was no news about the next update

[adamlillian]

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

I do not think that number is true. I have been involved in a lot of projects but I was just scammed. These are only projects with high interest rates when investing. There are many other great projects. I think you should improve the analysis of ICO projects.

[doanlang]

The first ever coin (ICO) sale has become the focus during the past year, as the technology behind - Blockchain, is constantly being referred to by the media and widely accepted. However, as a relatively easy means to raise capital, at least 5 projects will have a fraudulent project. You should not be too scared, just find a good ICO.

[manwithsuit909]

high risk high profit
that's what learn from investing
well there's still 10% is legit yeah

[Yamdel]

I do not think so. Though I've read, over 50% ICOs fail. Large number of them are scams but 90% is absolutely high and unlikely.