Over 90% of ICOs are a scam

[Corosian]

Absolute truth.Most icos are scam today so you must lookout for the team and product Ico offers before investing.Some nice projects are Medichain,Eventum,Birdchain,Signals and Bethereum etc.

Yeah, I agree. I also think that eg Signals and Bethereum are pretty cool. They both have an alpha version of their application you can test, so no vaporware here, that's a good sign I'd say. I generally have more faith in projects that already have a product or at least some version of it.

Bethereum 50k on telegram  Thats crazy....still it looks pretty solid  Everyone knows Signals, thats a legit great project

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[laurenB7742]

I think 90% is too much, yes there are many scammy ICO's that have destroyed investors interest in ICO's. But we have to admit that not every ICO can be a super hit like filecoin or Tezo. Since the majority of ICO's are not regulated, there is risk involved in every ICO. Do proper research before you invest in any ICO by looking at its team, whitepaper, roadmaps etc.

[EleGiggle]

there will always be scammers who want your money but I think this number is exaggerated

[palermofc]

Not most of the ICOs are scam, but some of the project can fail naturally or can't be successful in ICO process. People can include all risks before investing.

[btcblockchain]

saying particular field is scam will put more scams in place so it is better to be realistic and regulate the space with guidelines we can expect legal genuine icos

[emrecemsan]

yeah of course you are right but we are trying to find a fraction of 10 percent. we will earn money from percent of ten. we are working for it.

[sclmte]

Some ICOs it looks like scam especially when they don't pay immediately with the bounty participants as Devs promise to them. Having such 90% scam of ICOs project today it definitely give worries and doubts of some investors in doing investment in here. Of course they loss money if they fall into ghost project.

[8rch7]

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 .....

hi friend, may i give opinion?
I think yes, many ICOs are scam, but I do not know what percentage is.
but I think this will soon decrease, because soon there will be regulatory recommendations. according to the results of the G20 country meeting, one of the results of the discussion is the regulatory recommendations that will be out around July later. with this regulation, I think ICO scam will be minimized.

[BChydro]

We can't say %90 of ico are scam it is not true. They are not fake, they are just not built on a legit idea. Also, the 10% is legit worth pretty much.
These basically startups but getting crowdfunded through ICO. Make a good research about the ICO's team. You can understand it from there.

That is the main issue here with all these projects collecting huge amounts of money, the idea is not great and most of the projects are coming up just to collect the huge amount and just stall the later developments and so is the reason we are calling it a scam and that is the sole reason that the government is trying to implement strict regulations for ICOs.

[Palakka]

there will always be scammers who want your money but I think this number is exaggerated

Scammers is everywhere. So becarefull to join in ICO
dont forget to read about of the project. I see several ico is scam after get of money in ico sale.

[morgan4140]

I agree with you. Undoubtedly, it is. Look at the number of ICOS held this year. It's absurd. The market cannot be filled with so many coins.

[BattleZeo]

We can't say %90 of ico are scam it is not true. They are not fake, they are just not built on a legit idea. Also, the 10% is legit worth pretty much.
These basically startups but getting crowdfunded through ICO. Make a good research about the ICO's team. You can understand it from there.

Totally agree. Some projects are not scammy, but most of them are exaggerated and can not be executed as white paper written. They are just too idealistic or too unrealistic, and full of uncertainty.

[drogba773]

Last 2 months i have seen many scams,but Centra and Vionex were best scams ever!

[okan]

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 .....

totally agree.

there are shit unbelivable or copied projects.

i wont invest in crypto ico anymore.

ilost more than 10 ethereum in 3 month because of these scammers.

[vastmast]

90% is a huge rate but unfortunately they are right. A large part of the ico we have invested in or invested in bounty campaigns now is just for the purpose of collecting money.
Their only wish is to make money and run away

[Shagufta yasmeen]

Risk is always there...

[Gizaza]

There is too many SCAM ICOs at this moment. But you can find also  the most profitable ICOs.  For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.

[jomarkororo]

its true!as long their ICO was finished they disappear!its difficult to distinguish scam ico's as they are well presented to the public, looks promising and member of their team are showing in the website!

[matrix50]

Topic for scam icos would be great,  people will be informed

[btcbringer]

I think the percentage may not be so big. I'm sure that there are many more good ICOs projects. Up to 40% of projects have excellent potential and achieve good results, just see new coins on Binance, if you participate in the ico, you will get huge rewards