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Author Topic: 46% of last year's ICOs have failed already  (Read 3844 times)
peleng
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February 28, 2018, 09:10:07 PM
 #101

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 good that half of ICO is dead. It's like a natural selection in the wild, the weak die and give way to development for the stronger. I think that the remaining projects have good chances for further development.  Smiley
burdagol12345
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March 01, 2018, 09:27:35 PM
 #102

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

Will if this real happening last year that the 100%  of total ICO and  46 %  is failed this  means that not all platform now is successfull to there project  and not all developer are serious to there product to promote its into the commnunity,for the growth of economics capitalization,and i think now that  some of the developers made this ICO to raise fund  only  to gain profits  and distribute everyone  also there earning dividely but no concern about the developing project will bloom.
Ninjacointop
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March 01, 2018, 09:34:08 PM
 #103

It's obvious. Investors themselves are to blame for this. Some projects even look like a scam. However, there are many people who are ready to invest money. You can always face scam. But with a deeper analysis of the project, the probability decreases strongly
pogpog10
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March 01, 2018, 09:47:52 PM
 #104

To be honest i'm not surprised by this fact. There are tons of ICOs and of course all of them can't be good enough to have a place in the crypto world . Investors and entreprenurs are trying to make money from crypto but that leads to greed and it fill the market with useless coins. Naturally most of these useless products/coins can't live for long. It is very important to be picky when you are investing an ICO. Don't put your money in scam.

BeEvil
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March 01, 2018, 10:02:12 PM
 #105

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 support the view that this is a normal evolutionary process for ICO. In the future, to be successful, the projects need a good foundation.
SergiOLa
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March 01, 2018, 10:02:33 PM
 #106

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.
balrog
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March 01, 2018, 10:06:52 PM
 #107

Only 46% ? wow , I thought it must be around 70% Smiley Everyone knows that most part of ICO's are scam . This is a real problem of crypto industry and it can't last forever . I believe one day those scamers will have to answer for their crimes and thousands of people will receive their compensation .
rost1989
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March 01, 2018, 10:49:45 PM
 #108

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

Statistics is said, but you can still filter all the ICOs and only get into the best of the best. Crypto is risky, thus it gives so much ROI. One day you can loose everything, but you can become a millioniore, or you may become a millionaire for a short period of time :-)
I am very excited with crypto. It's my new hobby. I think it's the best hobby I ever had :-)

tyronecoinbit
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March 01, 2018, 11:12:17 PM
 #109

Only 46% ? wow , I thought it must be around 70% Smiley Everyone knows that most part of ICO's are scam . This is a real problem of crypto industry and it can't last forever . I believe one day those scamers will have to answer for their crimes and thousands of people will receive their compensation .

Well, we have nothing to do on that issue about scammers around here in cyberworld. Every ICO will depends on the devs and staff if it will be successful or not. Also, as they declare like their ICO will success many are expected to have some shares but unfortunately many didn't give due to the manager that is so strict and some rules are added. Hopefully each ICO that we joined and having those bad experienced may have to learned our mistakes as we did it before.
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March 01, 2018, 11:23:07 PM
 #110

This is something that we shouldnt be worried about it just tell us that more and more people are getting aware what these ICOs are,most of these projects are just created to scam people,to raise a lot of money from the token sales but will eventually scam a lot of investors.Look at the positive side more failing ICOs will result these new upcoming ICOs to be more serious and less scams.

randythered
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March 01, 2018, 11:24:16 PM
 #111

About 80% of new start ups fail within their first year which probably shows that ICOs are still overperforming. There are still a lot of projects that are enjoying success that shouldn't be but that is because we as investors are not yet skilled enough to identify which projects should succeed.

bratbu
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March 01, 2018, 11:31:10 PM
 #112

Might be a good sign that these ICOs are getting more serious about  these projects because people are now fully aware the difference between a scam and a good project.Less people will be scammed and less investments would put to risk to these scam projects that was only created just to raise so much money lets hope that there will be more good ICOs to come.

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Bitcoke
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March 02, 2018, 09:52:03 PM
 #113

I think that even more ICO's will die till the end of this year
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March 02, 2018, 10:04:20 PM
 #114

This is normal, that 46% ICO within 1 year vanish out of thin air. But what i'm afraid of, This year it will be 70% ICO will take your money and run. And nobody is there to stop this madness. I see ICO with one Domain, 1 whitepaper ( make no sense), 1 twitter account, 1 fb account, and 1 medium blog. Total cost $50 and the raise in ICO $1 million. This is very good business now.

senin
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March 02, 2018, 10:43:05 PM
 #115

On the other hand, these figures indicate that half of the ICO campaigns conducted last year, namely about 450, were successful. Even if half of them do not survive the competition, it will still mean several hundred absolutely promising and necessary to new people tokens. Therefore, this is evidence of the usefulness and need for ICO campaigns in the future. Investors simply need to learn more about the prospects of ICO projects and its team, as fraudulent projects will continue to exist in the future.
ukr2net
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March 02, 2018, 10:45:57 PM
 #116

About 80% of new start ups fail within their first year which probably shows that ICOs are still overperforming. There are still a lot of projects that are enjoying success that shouldn't be but that is because we as investors are not yet skilled enough to identify which projects should succeed.
I agree with you. But with over 40 ICOs and over $1 billion raised already in the new year 2018, the nascent industry is on pace to top last year’s mark of $5.6 billion.
Johnnywelsh
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March 02, 2018, 10:56:50 PM
 #117

Went through quite a few of the pages and failed to recognize the majority of the ICOs, as others have already stated most appear to be small shite ICOs that were pretty obvious scams which some would have fell for.

rommelzkie
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March 02, 2018, 11:00:32 PM
 #118

^ And the government regulation on ICO is one of the best move to eliminate the bad ICO and protect the people from the scam token.

This is a great result and i expect that this year 2018 we will encounter better and good ICO from proven and best company switching into blockchain.

gold1112
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March 02, 2018, 11:00:46 PM
 #119

About 80% of new start ups fail within their first year which probably shows that ICOs are still overperforming. There are still a lot of projects that are enjoying success that shouldn't be but that is because we as investors are not yet skilled enough to identify which projects should succeed.
I agree with you. But with over 40 ICOs and over $1 billion raised already in the new year 2018, the nascent industry is on pace to top last year’s mark of $5.6 billion.

2018 will be the year of ICOs. Last year, there were 902 so-called Initial Coin Offerings (or ICO) projects tracked by TokenData. Out of that amount, 142 failed prior to the offering, and another 276 failed after raising funds.
cryptotitan
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March 02, 2018, 11:07:07 PM
 #120

It only means that more and more people are getting vigillant because people do a lot of reserching now because from the past there are  alot of scam projects who have stole a millions of dollars from the investors,that is why people have learned how to lessen the risk of joing these scam projects,greedy people will always find their way to scam people.

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