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Author Topic: 46% of last year's ICOs have failed already  (Read 3844 times)
darth_cryptorider
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May 22, 2018, 01:40:40 PM
 #261

I don't think it's a big problem now, people invest in everything they see from one side. From another side, in comparison with the traditional world with crowdfunding, I think difference not so big.
mynamehere
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May 22, 2018, 04:31:29 PM
 #262

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.

Absolutely agree. But this heap of garbage must be discerned. However, not all have the proper experience in investing, and for this reason, some projects still attract a significant amount of money.
Many of the ICO's dead were doomed from the very beginning. I really hope that you will be lucky and there will be no wrong investments.
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May 22, 2018, 04:40:47 PM
 #263

definitely yes most of them are scam project they just gather money after we don't hear them again i have some of the failed ico token which dont have value
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May 22, 2018, 04:44:09 PM
 #264

I completely agree with you, I am also concerned about this stuuation. Now it is more and more difficult to find good projects with a big future. But to me it seems, this is still an achievable situation
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May 22, 2018, 04:48:28 PM
 #265

Well, there are some bad tendencies for ICOs for sure. I regularly encounter projects, which collected only 20-50% of the planned sum. However, that's still a decent amount of money.
Sometimes raising less money is actually going to help future value.  So long as the company has the funds to continue development and the actual original business idea is valid then success is possible a long time even years after.
I think the term for startups used would be cash burn rate.   It was familar language when Dot Com era of tech boom was most active and many ideas sprung up but never managed to get off the ground because they lacked the basic market revenue and profit income to continue as an operation with staff for development.

It does also depend on the background market, ETH itself has fallen alongside BTC withdrawing from its peak.   Again I think this is a normal event, a predictable wave in the ocean which every startup must traverse in order to reach its destination.

Some ICO will sink, they were not sea worthy and some are unlucky on timing of the weather in the market overall but that is a normal risk.   High growth has this dynamic I think, I tried to pick my holdings well on the basis of these factors

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May 22, 2018, 04:50:22 PM
 #266

These are the words of the founder of Binance: "Most ICO's are on new start-up projects running with great chance of failure, just like traditional launches. This is not new. Most ICO investors know this"

So we should not be surprised by such statistics in my opinion.

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mr.nby
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May 22, 2018, 05:06:26 PM
 #267

As in any other business, only one attempt out of ten is successful. The strongest wins.

Yes, that's why I think it isn't so much. Sometimes project may fail for various reasons. Not every one of these unsuccessful is scam. 54% of successful ICOs are pretty good. I think that traditional start ups are not better in such statistics.
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May 22, 2018, 05:13:10 PM
 #268

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 believe that those ico's who failed does not have the best developers who are working on their platform because still there are serious ico's who are requiring kyc before getting an investor and that is one of the point where people are still believing on ico's.
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May 23, 2018, 04:06:09 PM
 #269

The number of failed ICO projects is even greater than this, and as many as 90% of false ICO projects in the market this year, which is why people are now afraid to invest in ICO!
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May 24, 2018, 03:03:23 PM
 #270

You are absolutely correct that most of the ICOs are failed. Because from last few times maximum ICOs just thinking about to collect more & more money because they don't have strong backup team, don't have community support and also they don't have good concept to developed their project. And these maximum ICOs copy the already running concepts. And simultaneously big markets downfall and bad news about to ban the crypto currencies is also the main cause of scam ICOs.
But there are some good ICOs are still available in market for investment and they will also gave good return in long term.
So choose wisely before to investing in any ICO.
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May 24, 2018, 03:06:00 PM
 #271

These are very scary figures, but I think that this is far from the limit, because today very many people do not count and do not look at statistics, because it is no longer necessary and it is clear that today people no longer trust the ICO and are very careful about choice.
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May 24, 2018, 03:09:57 PM
 #272

This is a surprising number, and it worries me.
Because so many ICO projects fail, is it still worth investing in ICO?

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May 24, 2018, 03:14:41 PM
 #273


That's why the market needs regulation, which everyone is so afraid of. There will be some inconvenience. there may be taxes, but people will be insured from the fact that their money will simply disappear together with the team that collected them. Roll Eyes
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May 24, 2018, 03:15:39 PM
 #274

It's natural selection. Not all ICOs survive. Some projects are more promising, others are drowning. The difficulty is to recognize in time on which ship you are sailing. And always have your own lifeboat in case of a storm.
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May 24, 2018, 03:18:55 PM
 #275

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 believe that  this is still not bad statistic. I would expect something 70-80%. Unfortunately last time I see  only scammers
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May 24, 2018, 03:21:14 PM
 #276

It is necessary to control the distribution of funds received on sale. Can create a special fund or something like that. Tongue
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May 26, 2018, 06:41:06 AM
 #277

I agree with such statements. After all, most projects in the past year personally did not deserve my trust. It seems to me that many could successfully work, but the situation was affected by a drop in the price of BTC.

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May 26, 2018, 08:57:34 AM
 #278

Investments in ICO are associated with a large number of risks, since this area is not regulated. There are both trade risks (a decrease in the price of tokens or a drop in the value of the cryptocurrency, the bankruptcy of the company, etc.) and nontrading - in particular, ordinary fraud. 70% of the investment is vanished in the thin air. It is necessary to regulate this area.
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May 26, 2018, 09:09:31 AM
 #279

You are absolutely correct that most of the ICOs are failed. Because from last few times maximum ICOs just thinking about to collect more & more money because they don't have strong backup team, don't have community support and also they don't have good concept to developed their project. And these maximum ICOs copy the already running concepts. And simultaneously big markets downfall and bad news about to ban the crypto currencies is also the main cause of scam ICOs.
But there are some good ICOs are still available in market for investment and they will also gave good return in long term.
So choose wisely before to investing in any ICO.

Fail because scammers or they fail to develop their project because the comprison. But actually They all just wanted some quick money and once they got that money that they wanted, the pulled out and left the projects to fail. What people don't know is that when you are investing in an ICO because we can loss 100% money.
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May 26, 2018, 09:40:53 AM
 #280

Far more than 46%, I have seen an authoritative ICO project analysis post before. It points out that last year's ICO survival rate was only 5%! 90% are false! 5% is failure!

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