46% of last year's ICOs have failed already

[MV7]

It's really no surprise

Most ICOs are blatant cash grabs at best. I know some people working as cryptocurrency consultants, and people who want to do ICOs come up to them all the time asking ridiculous questions on what their concept should be and etc. Seriously, if u don't have a solid concept and a way to make that concept a reality, you shouldn't be doing an ICO. It's basically a scam at that point.

[Denlv]

Yea i hate this icos its mostly scam all the time,like i say 50/50.I waitning for ico regulation when need all ico legalize documents and then only can create project,ico.Becose so many peoples get scamed with that much speaking whe be number 1,wqe have best advisors,we have contracts with other country,exchanges,realy need to stop all this scam thing,we need one project who minimalize scams when only legalize,registered can go to ico.

[btc78]

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

i dont care about what happens to those dead ico coz i know for sure they are creating such a shitcoin,or just a pump and dump one i which deserves to be die and gone forever for the reason of not having any victim again..

[Enki369]

www.bitcoinfuji.com is going from strength to strength.
I hope more coins fail: ha ha ha

[meldrio1]

oh really?. that's so many ICO's failed but I think that 46% some of them are scam, I hope this year people should do research the ICO's before investing their money. I'm so lucky that I joined a successful ICO before and received a reward from bounty campaign.

[katarin2030]

oh really?. that's so many ICO's failed but I think that 46% some of them are scam, I hope this year people should do research the ICO's before investing their money. I'm so lucky that I joined a successful ICO before and received a reward from bounty campaign.

Really it's a big number 46% failed means need to ponder about it, then how to choose a good ICO that is very important question even after going thoroughly through ICO projects if it mails then how to overcome that.

[arunakiran]

Most of ICOs are scams, just they are pulling money from people. But before investing in ICOs do research on their project and team.

[aceat64]

Maybe it's some kind of FUD, but if it's true then it's just awful. Personally, I'm lucky to invest in a reliable projects

[jan.nicolas]

Yes indeed it is very much, the whole point is that a lot of scammers have come to the market, who have learned to mask their projects under real ones, but probably we will need the help of the regulator in the person of the community, but not the state with the banks. They already feel how their system starts to break down.

[cryptonero]

That is good news,because most of these ICO investors are now aware about most of these ICO projects are scams.Most of the people know are researching before they invest to any of these ICOs that is why most of the ICOs last year have failed,we just need to be vigillant so that we can avoid scam projects and we wont be wasting our precious time and money.

[goldexp83]

Would be nice if they published a more detailed list and names of the projects..

Its a sad statistic and we need more due diligence and regulation, too many bad and scammy projects out there!

[Kunlejoe0]

The failure rate is not abysmal in my own opinion. And if there were correct t statistics in categorizing what is considered fail we will see that defination of fail ICO mean different thing to people. If ICO could not  collect funds that doesn't mean failure because such ico didn't start in the first place.

[tutchpa]

i don't know whether figures are 100% correct or not..but I agree with the summery..yes most of the icos are failed..why is that? the main reason is bad project concepts/unrealistic concepts...how can i find a good project concept? you have to study about the project well. how can i identify good project?
i will explain with a good example.its CVProof..its upcoming good ico..most probably best of 2018.why the concept of that soo important?
it's a brand new idea..ico based on the job market.jobseekers CV connect with human resource managers of companies via a website called cvproof.com.
CVproof allows companies to easily verify - and in a cost-effective way - whether an applicant holds the validated career credentials needed for the role. It is the first digital CV platform to guarantee full integrity around the credentials at each major career milestone.see how important it is?this kind of project concepts never fail..so dont miss this kind of projects.you never fail

[InfinityCasino]

Although this figure is likely to grow, I think investors are getting smarter with their money. Crazy to invest in a project with no working product, even it's a prototype or MVP.

[Wildskull]

Unfortunately not all ICO are successful. Some fail at the financing stage some later. But it is very young market and it is good that though it is possible to call some of ICO successful. I think over time there will be more qualitatively thought over projects.

[newcoin01]

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

It's quite normal bur this kind of non-matured market, model.
Even what percentage of the start-ups survive? And these fails help the market get matured, investors get experienced.

[spadormie]

It is up for the company if they wanted to continue their own project. ICO is just afunding stage in which they are asking people to fund their project because they have shortage of funds. That's why. I don't think it has an effect for us.

[Spaffin]

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

In general, fraudulent ICO projects, failed projects and projects for which tokens have already been issued, but for which companies do not work, is no more than 60 percent. In principle, this is not such a big figure, given the easy availability of such projects for everyone. However, this in turn means that about 40 percent of ICO projects after the release of tokens continue to work successfully. Even if half of them are successful, that is 20 percent, this is about 180 new good coins that will have the right to exist and develop. This is generally quite good, because that's how the crypto currency can grow and develop.

[leea-1334]

That is very interesting to read I knew a lot would die this year or next year but I was very surprised to see that almost half have failed. I am sure a lot of those ICOs would actually fight this conclusion however.

What will be more interesting is to see how many successful ICOs fail to develop or launch their product, or eventually bust and lose all their investors funds. I bet this will make 2019 very interesting.

[lovemsngr]

I began to carefully check all the projects in which I invest money that one I can to study even more than a one week, and even with such selection, I all the way get on scam ..