46% of last year's ICOs have failed already

[FLHippy]

https://news.bitcoin.com/46-last-years-icos-failed-already/

• 46% of them are effectively dead already – despite raising over $104 million.
• 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed

Bad statistics and probably every new ICO will be worse and worse because there is no place for such amount of altcoins/ICOs.

[reinerdar]

Well, on the market thousands of projects, of course most of them do not breathe the audience or simply can not cope with the burden of their responsibility.

[Carina.P]

Most projects can not really operate because they do not have the potential to develop, but only to make some interesting marketing methods.

[Ionzar]

Yes, the statistics are correct. Unfortunately, in modern realities, many ICO projects face failures in their work. In many respects because of poorly prepared strategy of work.

[Pleemlio]

This is about the opposition in each venture to give a decent improvement advance to the financial specialists. Not every one of them were having the expert group. Yet, some have it.

There will be more ico will bomb later on, most of the fizzled venture which has been made by inadequacy individual.

this pattern will proceed. Individuals think about cash and cash.

[Fverak]

The rate isn't that high, since there are such huge numbers of beginner extends out of these 902 crowdsales. Everybody can begin an ICO these days and there are numerous stages on which you can begin your own particular ICOs.

[Seriousbizz]

This is not even surprising and we should expect more of them to fail, cos a lot of these coins were not originally created to stand or survive the market, but to satisfy the selfish needs of their creators. A lot of them are scam coins, and the bad thing about them is that they are are dragging some pretty good coins alongside with them. There are good coins too that have fallen down the drain, because of the scam coins that are making a bad name for new ICOs and causing people to be scared to invest in them.

[matthewio]

https://news.bitcoin.com/46-last-years-icos-failed-already/

• 46% of them are effectively dead already – despite raising over $104 million.
• 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed

Interesting stats., and also very disturbing, seem to be higher than the average failure rates of all start-ups in general.The bear market or poor products are likely to have caused it

[ryanfromrethink]

Yes, the statistics are disappointing. Unfortunately, now many projects face failures due to the lack of a competent development strategy and a fairly strong development team.

[Sbdip]

Think positive.. That means 54% has been successful too. That's the achievement.  man.

[Rhegar011]

by now i think the percentage might have grown to 75%

[Prolifik]

I have heard that the number is arround 70-80%. Do you think that it is real? And what about ICOs which were liste don ICOBench? There are some experts giving reviews, so I think that this number here could be very low!

[Big Show]

It is true the News. I am also quite concerned with such conditions. This is because the longer the future of the ICO, the more unquestionable. I see things that are not good will can occur if such conditions continued to be left.

[AoniOn]

It is true the News. I am also quite concerned with such conditions. This is because the longer the future of the ICO, the more unquestionable. I see things that are not good will can occur if such conditions continued to be left.

I think in the near future will adopt the conditions and laws for the passage of ICO to raise funds. Because all these failures are due to availability. People come with one idea, but I do not know how and what to Finance and distribute funds and so on.

[Starlaaa87]

If there is nothing to be done, this trend will continue. Even worse. If no one and nothing prevents to raise funds and throw the project, the majority will use it. It is better to create the next project and collect money again than to develop some one. They have already learned to do it, they are able to do it. They will only continue. There must be a lot to change!

[CryptoTrip]

This is even good. Firstly, every second project wasnt a failure. In the second, the community got rid of unnecessary products, which, frankly speaking, dont do any good for the development of blockchain, and serve only to enrich those who develop such a project. And those projects that didnt fail, in the future will still fall in price, because they willnt carry a semantic load.

[kenborbs]

https://news.bitcoin.com/46-last-years-icos-failed-already/

• 46% of them are effectively dead already – despite raising over $104 million.
• 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed

That is the problem of the cryptocurrency world, there are many projects didn't go well or ended up failure due to getting poor support from its community. We should be more cautious on which projects/ICO/coins/tokens will be investing, at least do some research to its background whether it can maintain its platform or not.

[checkmatesir]

This is an astonishing statistic, but it's also a cruel fact.
Because the blockchain is still in development, these projects will be difficult to succeed.

Failure of these projects, has nothing to do with blockchain development. Those projects must have been started by scam people and they might have run away with those raised money from ICOs. But failure of one  project might be due to various reasons. But when they are playing with public money they must be much careful on choosing projects. I mean to say most of the people might have failed only due to their own mistake and not due to project's progress.

[policeoo]

ICO's have failed because people lost trust in them. They are lot of scams in 2018. The whole year was bad for the ICO's. They are too many new ones launching every day, and they don't even have an ANN, or the website. They are too obvious to be a scam. But some people still invest in them and they just disappear after 3, 4 weeks from btc talk and thread, managers do not answer on the telegram, or btc talk treads. I stopped investing also in the ICO for that reason. Too many scams...

[Creedact]

Yeah, that statistic is making me sad. But this means only one - we (investors) need to be more careful with our own investments than we were before.