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Author Topic: [2018-02-26]Half of 2017’s ICOs Have Already Failed  (Read 122 times)
Dany44 (OP)
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February 26, 2018, 07:49:37 AM
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The numbers are in for 2017’s ICOs, and they don’t look particularly encouraging.

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February 26, 2018, 09:21:14 AM
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Expected
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February 26, 2018, 09:28:23 AM
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But as said, stats are better than regular startups/fundraisers (59% vs 75%) of failed ICOs. Even with these stats, The ROI average is 1200%, which is quite nice.
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February 26, 2018, 10:11:09 AM
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But as said, stats are better than regular startups/fundraisers (59% vs 75%) of failed ICOs. Even with these stats, The ROI average is 1200%, which is quite nice.

But it still shows that a lot of these ICOs ar complete scams. Also it's not entirely fair to just compare the percentage of fail ICOs vs regular startups, and I think what is really important is to understand the reasons why those projects failed. It would be interesting to see how many of them failed because the project didn't mana to survive to it's competition, and how many didn't even had a project, and just failed because they were complete scams. I think i that study was done, it would most likely favour regular startups.

Not saying ICOs are bad, but it's still easy to create completely fake projects in that space, compared to startups.

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February 26, 2018, 10:51:05 AM
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understandably
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February 26, 2018, 12:12:52 PM
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But as said, stats are better than regular startups/fundraisers (59% vs 75%) of failed ICOs. Even with these stats, The ROI average is 1200%, which is quite nice.

But it still shows that a lot of these ICOs ar complete scams. Also it's not entirely fair to just compare the percentage of fail ICOs vs regular startups, and I think what is really important is to understand the reasons why those projects failed. It would be interesting to see how many of them failed because the project didn't mana to survive to it's competition, and how many didn't even had a project, and just failed because they were complete scams. I think i that study was done, it would most likely favour regular startups.

Not saying ICOs are bad, but it's still easy to create completely fake projects in that space, compared to startups.

ICOs are in very early ages and you can easily see it from so much failed/scam projects. We need some time to understand how everything works and learn how to find legit project. A lot of project even do not need ico or blockchain, but they are using it as a way to raise some funds. Thats not ok in my opinion. I trully believe that 2018 will be the way much more successful year for ICOs than 2017. Especially for investors Wink
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February 26, 2018, 12:22:51 PM
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This is not surprising at all since many of the projects are just made up to siphoned off money from the investing public. However, it should be noted that outside of the ICO platform many businesses are also failing with only a few will eventually survive within two years of operation. That can be the reason why I said I am not surprised at all.

I am hoping that the ICO market will really mature and will only support projects which have assessed value or much better only projects which are already operating profitably and will just be expanding. I know that many ICOs are just crap and just for the money because I am into bounty promotions too.
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March 13, 2018, 02:01:07 PM
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This is not surprising at all since many of the projects are just made up to siphoned off money from the investing public. However, it should be noted that outside of the ICO platform many businesses are also failing with only a few will eventually survive within two years of operation. That can be the reason why I said I am not surprised at all.

I am hoping that the ICO market will really mature and will only support projects which have assessed value or much better only projects which are already operating profitably and will just be expanding. I know that many ICOs are just crap and just for the money because I am into bounty promotions too.
Do you guys monitor which projects made a success after all roadmap completed?

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