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Jobbernowl
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February 23, 2018, 02:46:30 PM |
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Unfortunately yes. I have 4 coins bought on different ICOs last year. For each was spent 1 Ethereum, totaling 4 Eth. Now they all four together cost almost 1 Ether. But others were quite successful, even after I sold some, they continued to grow.
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mazdafunsun
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February 23, 2018, 03:24:51 PM |
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so it's something new that most of ICOs will fail (read - burn money on lambos and hookers)? Are there more data on these ICOs. My indicator - if ICO gathered more than 30 mil$, than price of them will increase 3x-10x in few months.
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Dluretic
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The Experience Layer of the Decentralized Internet
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February 23, 2018, 03:29:34 PM |
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What is undeniable is that most of the ICO project this year next year will die, because they have no value, the significance of their existence is to encircle money only, appear too many too many fraud project.
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xiaohang07
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February 23, 2018, 03:35:17 PM |
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The percentage is not that high, since there are so many amateur projects out of these 902 crowdsales. Everyone can start a ICO nowadays and there are many platforms on which you can start your own ICOs.
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jouns
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February 23, 2018, 03:37:40 PM |
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Perhaps it seems to you because the market has fallen very much in the past 2 months, just wait for growth and then draw constructive conclusions.
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Zebra.Guy
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February 23, 2018, 03:38:34 PM |
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And this is why we need regulations behind ICO, to separate the wheat from the chaff. Governments are there to protect their citizens. Its why they exist in the first place. So they should create environment for people not to HAVE TO determine which ICO is scam or unreliable and which ICO is worth investing.
And governments started to do that: Switzerland is regulating ICOs already.
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Cryptonimous
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February 23, 2018, 03:40:29 PM |
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thats right, if you want to join ico please do the anyalisi ys of that coin, if you did do that your money will be gone, and also read the white pepper so u can know taht coin good or just a trash
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scambust
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February 23, 2018, 03:41:01 PM |
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If you read the report carefully, most of the failed ICOs are amateurs or outright scams. I invest in a lot of ICOs, so far the only one failed is Inchain in which they refunded everybody.
The report just illustrates you need diligence.
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marks1976
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February 23, 2018, 03:41:31 PM |
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This is about the competition in every project to give a good development progress to the investors. Not all of them were having the professional team. But some have it. There will be more ico will fail in the future, the majority of the failed project which has been made by incompetence person. this trend will continue. People care about money and money.
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husdemba
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February 23, 2018, 03:42:32 PM |
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I think this success rate is very high. Many people can't trust ICO projects. Many project teams aren't professional. This rate will rise soon.
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qazgroup
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RiveMont
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February 23, 2018, 05:11:21 PM |
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I do not know what is the definition of failed used here, if it means price dump then we cannot say that the project has failed, while i think only the low quality projects have faded away who have struggled with everything like presenting a product or service or even listing on a decent exchange. So always do your research and invest only in quality projects during ico.
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Febo
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February 23, 2018, 07:18:22 PM |
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If ICO fail I don't see a problem. Investor saw it will not work and did not invested. Noone lost anything beside ICO organizers. Different story if when ICO fails after they gather investors money and spend it. But is also normal not that many will succeed, but of course is hard to fail in just a year with few millions USD collected. It will take few years for most to fail.
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Brothersav
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February 23, 2018, 11:08:02 PM |
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Thanks for providing a source for this information. I'm intrigued and somewhat worried that more ICOs will fail. I think it could have to do with their team and that their project was not essentially viable. Picking a good project is key- however we're all investing in coins that we believe will prosper. I have 25 eth locked up in one ICO at the moment however I believe that I've picked a great one with a great team and working project already.
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IloveDigibyte
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POS / PRIMENODES
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February 23, 2018, 11:18:23 PM |
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This is the sad news. The lesson is that we have to be more careful picking the ones we are going to invest in. I don't think 46% was scam, just a lot of them did not make it, because they failed on the way.
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tdeannova
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February 23, 2018, 11:28:38 PM Last edit: February 24, 2018, 02:03:34 AM by tdeannova |
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That's why many countries are banning their citizens from investing in ico. But the ban is very good and the government is preventing its citizens from investing wrongly.
I'm sure the future of ico will decrease, because the developers will continue to race to make the best ico.
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The Young Turk
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DAVID CHAUM's xx coin SALE IS NOW LIVE!
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February 23, 2018, 11:30:03 PM |
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This is no surprise to me. I expect more ICO's to die in next few months. When you check their website and whitepaper you can get an idea. Most of them are bunch of rubbish. I still don't understand why people invest without research.
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hosseinimr93
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February 23, 2018, 11:36:27 PM |
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I don't think it's a bad news. When you pay attention to the percenatage, yes 46% is high. But 104 million dollar is not that much. EOS as one of successful ICOs has marketcap of 6 billion dollar. So 104 miilion dollar is not high.
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sangkler11
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February 23, 2018, 11:51:50 PM |
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As people say this percentage is not so high I think this report can help beginner investors to be more careful before investing in ICO
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