46% of last year's ICOs have failed already

[sclmte]

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

This could be the possible thing may happen due to the fact of having so many created ICO's toady and also some of them are just scam project(they are totally dead). Market is very tricky and we are so lucky if a certain project may success from crowsade sale or they just disappead in the middle of their campaign.

[Snarks]

Even the good projects have dropped by 80% in value. Maybe they were overvalued, maybe it's just the general mood right now: the hype and the fear of missing out are gone.

You can't really compare ICOs with stocks yet. Currently they are simply priced based on hope and promises, not by p/e ratios and that kind of stuff. If the mood improves the prices can swing up again.

[dimon01]

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.

I agree that there are too many useless projects that do not bring anything new into the crypt. I so often fall on a scam that is almost in despair. I’m not a newbie, but still could not distinguish where is sam..

[paulmaritz]

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

As long as failed ICOs are not equated to failed projects. It is more a combination of failed marketing efforts and the rejection of unwanted offerings than anything else.

[eldub]

90% of new businesses fail within a few years so why should ICO's be any different. Yet still there are thousands of good stocks and there will be thousands of good tokens.

[Snarks]

90% of new businesses fail within a few years so why should ICO's be any different. Yet still there are thousands of good stocks and there will be thousands of good tokens.

For ICOs it's going to be a higher percentage since most of them didn't even have a business yet, they just wrote a white paper and a smart contract and posted them on a website. Which they probably outsourced too.

[realsmans]

It's not strange, and I'm pretty sure that 90% of those failed projects haven't failed for real, but devs just run away with raised money. Take a part only in trusted companies!

[metribitcoin]

So more than 50% is success , that good number for beginning ICO market, in the next step will be more ICO and more competition so the product that they offer will be more quality. Investor should be smart now to put their money in to ICO and learn carefully about fundamental of the project to reduce the risk.

[hyunee]

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

This is a very sad news for all of us engaging ourselves in cryptocurrency. Although at the first place we should anticipated that this would happen when we first join cryptocurrency. One of the main reason here is the banning of cryptocurrencies in other countries. This has a great impact in cryptocurrency world. Followed by banks that are not to accept cryptocurrencies as for they questioned the source of funds. Also we cannot blame the market because at first we all know that it is a volatile market. No one can predict its outcome.

[novocaine]

And this year will be more becouse all those crap-coins that its borning everyday will not exist from an year to now due to non value in their community and project.

But look at the new promising and security tokens and coin that will born in this year so you can profit from them and build your portfolio

[CoralHealth]

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.

Yeah also every cost component of running an ICO has increased recently so that adds another barrier that can weed out some of the scam projects out there. Not all of them but some.

[wayaneka]

In my opinion this is not bad number because that mean alot of ICO was successfully, new ICO everyday and in a month a hundreed ICO was exist in the market. Popularitas ICO just began so will be more ICO come in to market and some of them will be the same situation because low quality product and service and does not have strong community to support the project. ICO should be under regulation so can be to maximize the quality of the product and to protect investor from fraud.

[unneros]

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

Due to the success of many ICO projects, more and more ICO projects have emerged like mushrooms after rain. The number of investors participating in ICO projects is limited, so many ICO projects did not attract investors as well as ended early.

[yanesna3]

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 don’t know if it would be like a funny but I am surprised that so many projects survived. It is interesting to see these project’s results of work. Good ICO project is a rare phenomenon. It require skills to be found.

[george_hured]

I think that this is the correct statistics, because so many projects, after the collection of money really goes away. Just disappear from the horizon. Of course now this percentage will decrease, but still I think that projects should appear further to improve the economy in the economy blockchain

[Haley craft]

I think the proportion is not particularly high, if more beginners in after know this information, so I think they may be more cautious of their investment of the ICO project, because there's almost a lot of people who don't know anything just in investment ICO.

[Minecache]

90% of new businesses fail within a few years so why should ICO's be any different. Yet still there are thousands of good stocks and there will be thousands of good tokens.

Excellent comparison! If you compare crypto and real business crypto wins for sure. There is no cost to produce goods and to rent an office. We should appreciate this and don't look for flaws.

[luongdk]

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

And in my opinion this statistics will grow every month. Because nowadays ICO is one of ways to earn money for devs. And they forgot about the idea, about creating something new, that will change the world. Sorry sight.
Nobody simply even don't understand that they can earn more if they will rise their product.

[LEINADbtc]

Of course, they will.
People say that ICOs are like startups, but why do you need to raise 20mil if you are a start up, without a product or something?
They are just being greedy... Get a mil and just work on it.

[reypinioco]

Great,seems that most of the ICO investors are doing a lot of research that is why most of the ICOs are failing because most of these ICOs today are just created just to raise funds,but then eventually these people wont do their job to develop the project further,a pure business ICO shouldnt be supported by the community.