Over 90% of ICOs are a scam

[arifteguhr]

Agree, specially those ICO that are based on ERC20. Most of them are theft , they jsut want to take and run the money of every investors, I hope this kind of problem will be lessen, because most of the victims on that case are the newbies, those people who are just starting in crypto. How sad is that.

Most ICOs projects are currently based on ERC-20, with so many scam cases, we have to be vigilant, many scam projects certainly make many people disappointed and traumatized, they will never return to crypto because they feel that all projects are scams.

well indeed many people are not strong and in the end they also get out of cryptocurrency. we must be able to keep people confident. ico is indeed a lot of fraud. neither good project nor the same

[kkaroul4]

I think participatin in an ICO is very risky. While the top coins are giving great chances to make easy buying, I don't think investing in ICOs is reasonable in this period.

that is true, but if you want to participate in participating in the ICO, it is better to first examine the ICO that we will invest. because now investing in ICO is very risky. so be more careful when investing

[Baggong]

That said, the number of ICOs that even reach more than 100 is certainly an opportunity for scammers to cheat, choose good and promising ICOs and I suggest investing in mycryptobank.

[sadiem]

90% number is too big in my opinion. And I don't think that the ICO that scam of it. I own up to this point not often encounter ICO scam. And ICO I follow always successful. And if you want to invest you should more thoroughly and much analysis. Especially you, the investors who want to invest in ICO.

[morgan4140]

Almost all Indian and Russian ICO is scam. Thanks to such ICO, the market is collapsing. I believe that it is necessary to bring to responsibility the developers of scam projects and deprive them of freedom for at least 10 years.

[tot-o]

When a project starts only team members can push the project to become it successful with the help of investors and bounty hunters, if the project members really want for the success of the project they have predicted in advance what will cause for the failure and error so that as soon as before they start the project, solution and problem solving solution is already ready.

[Bearks71]

during the last month I invested in 5 ICO tasks. One challenge turned out to be a rip-off, the relaxation in exact income. it is very important to have a good assignment analysis in your investments. because the market even now has properly and promising projects.

[Cacao2017]

The ico program was created to make the altcoin market and help the economy have a positive transition to the ico program that makes the business plans of some companies that are in short supply of capital can have the capital to actually. Present your business idea

[pukul rata]

Whether this is a coincidence or not, but since the beginning the Bear Market has even more scams, even though there are some ScIC who have good ratings on an ICO site, and on the contrary, ICO has a poor rating on the ICO website. instead, it became a successful ico, and that is why it is now difficult to determine which ico is good to join and which ico is not good if joined.

[SuperDay]

Yes, we know that some icos are scam but there are still some good ones that doesn't disappoint. If you say 90% of icos are scam, then, I think people won't bother investing in them again, to avoid falling victim of scam I think care should be taken and patience also to do a proper research of the project before investing in it.Only knowledge and experience will help to choose the right projects, in the beginning I also got on 2 scam projects. But it even more pushed me to get knowledge about how to choose the right project. So don't be so categorical.
I recently attended:Mandala,Sparkster,DxChain,QuarkChain 

[chip1994]

Yep, it's true and in 10% left you need to find out good ICO project out of legit ICO projects to invest in . That's why it's not easy to be able to become an ICO investor and earn money by investing in ICO project at the moment although this year is the era of ICO as so many guys said before.

[Dragonrage201]

I think the number of truly scam is probably 10% or less. However, the number of poor quality ICOs may be over 50% so need to check thoroughly before investing in any.

[smic]

I see ICOs no longer necessary. There are 1800 coins / tokens and 1700 will be garbage. 90% of newly arriving ICOs will fail.

[Sephire]

A large number of ICOs are copycat projects and only there to raise money while it is easy to do so. Agree that only some of the ICOs will truly be successful out of so many.

[19Nov16]

It can be said that 90% of ICOs are scams, even though they look perfect but if they have not been available in exchanges for more than 6 months then it is a scam, and most scam ICOs are ERC-20 based, so be careful before putting money in ICOs.

[elegant_joylin]

I don't think that 90% of the ICOs are scam but maybe 30%. Also most of the ICOs were traded below ICO price after being listed in the exchange.

So I think better, DYOR and just put money on legit and are have good project development.

[cryptothreads]

It can be said that 90% of ICOs are scams, even though they look perfect but if they have not been available in exchanges for more than 6 months then it is a scam, and most scam ICOs are ERC-20 based, so be careful before putting money in ICOs.

I agree with you . All rely on the ERC-20 and this is a huge issue that the ETH development team needs to address as they can create their own contracts at any time and can create thousands of different projects to make money from. the investors . I believe that if we knew the options we would definitely reduce the risk of investing and advise people to invest in the NEO, XLM platform.

[crpytpublica]

We can also say that 90% of ICOS are created in order to collect money from investors, and then they start having some problems.

[Dinda mayasi]

Maybe YES and maybe NO.
According the enthusiasm all ICO that ongoing in the board, everyone in large world interested to use the blockchain era. This technology is easy and save in payment. In other cases, someone who take this moment become negative is not recommended. It is education in era digital of cryptocurrencies. It is called asset management. Some ICO are going well until hard-cap and entering to exchange. Although not all of ICO can doing the road-maps as scheduled. I think the ICO success if the investor or holder can sell their coin or token in the exchange.

[olumyd]

There are still good ICOs out there. If you truly still believe in the technology behind the blockchain, it would be easy for you to screen through ICOs that are genuine in their core. All it really takes is for you to observe due diligence. I've been observing a few of recent. I've had my eyes on Modern Finance Chain, Ingot Coin, DataBlockChain, and there's a new one coming in Coopet - you got to love this one, it's about gaming and you earn money from playing the game.