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Author Topic: 46% of last year's ICOs have failed already  (Read 3844 times)
Awan Awan
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July 03, 2018, 12:00:11 PM
 #341

I think investments in ICO implies a large number of risks because this area is not regulated. There are trade risks (a decrease in the price of tokens, a drop in the value of the cryptocurrency, etc.) and nontrade - fraud and scam.

Ofcourse and now this regulation will to be working. In my vision it is a good and bad news for all traders, just look at Market.
Its true that regulation can bring good or bad impact but in my opinion, it will bring good impact since it can control to avoid scam ico. Scam ico killed the trust of the investor and if this is continue, this cryptocurrency might be dying and nobody will be here anymore.
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JaoBadjap
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July 03, 2018, 12:08:38 PM
 #342

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
Not surprising at all,
With regulations  from various countries.
And some failed ICO Sales and also not to mention some Project which is scam from the start.
Could really make an impact to a lot of legitimate projects.
To think that major distributors on this crowdsales are from the crypto community.
We could never really, know. What to do to prevent such things.
I hope within 2018 that this stats gets lesser. And the community should grow to support the upcoming projects.
Philip Ruby
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July 03, 2018, 12:40:34 PM
 #343

This number does not surprise me. I personally think at least 90 % of ICO-s will not succeed. There is no easy way to success, you need to do your homework, find the most stable, credible and profitable projects and run with them.
Utyg
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July 03, 2018, 09:40:08 PM
 #344

Yes, the harsh reality shows that the projects fly like leaves from trees. Why does it happen that the project passed ISO on the exchange and burst. Those who in time merged tokens earned and many have been waiting for growth for more than a year. It's a shame. But this is a fact. Only worthy projects survive.
violetsky901
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July 04, 2018, 08:49:38 AM
 #345

It sad to hear that news, but this is the reason why this Business is risky. However, you can avoid such things if you will follow a good team and invest in something unique and has sense.
Soccernet344
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July 04, 2018, 08:52:55 AM
 #346

I agree with this because most of the ICOs last year are not trustworthy. ICO become a trend last year that most of them are just acquiring funds through desprate investors who need to gain profits because of the bitcoin's price drop. This make the ICOs reputation low but on the other hand, investors now is much aware about the future of the ICO they are investing.
BilboBaggins2018
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July 04, 2018, 08:54:06 AM
 #347

Can you provide further information on this statistic? very interesting
prdn
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July 04, 2018, 09:02:00 AM
 #348

Whichever ICO investment is made now, all of them can be purchased from the exchange as lower than the cost of ICO, believing in the project is unnecessary to invest
Midsign
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July 04, 2018, 09:28:04 AM
 #349

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.
binghope
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July 04, 2018, 09:58:54 AM
 #350

ICO is almost always a hot investment. But now it is a very risky time for investors, as ico prices are always down. And they can make you lose money if you invest in them.
dark08
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July 04, 2018, 10:02:17 AM
 #351

Im not suprising for this news since we all known that most ico project have no intension to develop their project and the developer are create project to scam the investor, this is only indicate that we need to be careful to invest in any ico project make sure the project have a unique concept and the community are trusted.

solarisexodus
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July 04, 2018, 10:13:00 AM
 #352

There are many ICOs presented with nice and better projects which do not continue because there was no financial support. This ICO can`t established the improvements of their technology and so "puff" in the air. It would be unfortunate since most of the ICOs have innovative and sophisticated projects that if realized would create better improvements to the community. Thus, we should support innovative and better projects that we think might help the community.
Gontxi
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July 04, 2018, 10:18:29 AM
 #353

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


yes, I have to agree with that data. even I think the current number is increasing. but there are many developer teams who say that bounty attendees have no effect on their project. but they forget with many of their projects just for how to make quick money.
paulscathedral
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July 04, 2018, 11:01:38 AM
 #354

This is an absolutely normal trend. The competition in this market is very high, so just create a blockchain gaming platform or a financial ecosystem with its crypto card is no longer enough to get a softcap. Good projects always get the money and outright garbage always flies to the trash. People should only blame themselves for giving their money to companies only with white toilet paper.
ordeath
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July 04, 2018, 11:16:53 AM
 #355

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
No statistics are really bad but don't forget that we are anticipating for the better times from now on, all the world need to make a decision about cryptocurrency and then we would gain some more stability.
phamhung141a
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July 05, 2018, 11:20:16 AM
 #356

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!
Ubrfeh
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July 05, 2018, 11:22:09 AM
 #357

I agree, a lot of projects are closed, even without going to the exchange , but there are those who go to the exchange, too, are closed( sadly
BitcoinTurk
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July 05, 2018, 02:13:46 PM
 #358

46% is not a controversy or a rate that will not appear in the eye. In particular, the fact that this market is new and the fact that individuals who pay much attention to such details are another factor that will affect these investments. If you need to do a simple mathematical calculation, 46 out of every 100 procs come out scam. Moreover, statistics on how much profit or loss are made by successful projects are not mentioned. So in this context, it is probable that the projects that cause the investor to be distressed and harmed.
big kid
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July 05, 2018, 02:16:40 PM
 #359

I do not know where you got this statistics from, but I do not think so many projects were a failure.
ghosong
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July 05, 2018, 02:35:51 PM
 #360

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 will all hurt many, eliminating the confidence of investors, managers, and bounty hunters. What is undeniable is that most of the ICO projects this year next year will die, because they have no value, the significance of their existence is just to confine the money, too many fraudulent projects arise.
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