46% of last year's ICOs have failed already

[sky9314]

Don't trust the so-called community. Their ultimate goal is simply to defraud investors' trust and then get a lot of money. Because ICO lacks supervision, no one knows whether they actually use the money for ICO, and even their projects are just a distant concept that cannot be realized at all.

[aburris75519]

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

So sad news. And so many scam ICOs, I don't refer failed projects, I refer really scam ICOs. They take my trust in ICOs far away 

[Navneet1120]

That's a bad news. I hope this year it won't repeat.

[Kamidzy7]

I would not say so frankly, because there are projects that work,release news and everything else, and the team of developers is actively developing and promoting the project,but there is a market and Manipulators that are actively lowering the market, and therefore I am sure that soon everything will go up

[theyRmose]

Unfortunately yes. I have 4 coins bought on different ICOs last year. For each was spent 1 Ethereum, totaling 4 Eth. Now they all four together cost almost 1 Ether. But others were quite successful, even after I sold some, they continued to grow.

it seems you have the expertise in choosing a good ICO, I personally have been deceived by some ICOs and for now I have decided to take a break with the ICO investassi.
maybe next year I will continue.

[V0ldemar]

In the falling market, these figures do not surprise me. If you take the amount of scam ICO that was this year, then the percentage can be much more than unsuccessful projects.

[Pain Packer]

This just proves that more thinking is needed when presenting an ICO to a crowd and more market strategy to make the ICO sell to the investors. We can learn to those ICO that failed that there is always a new idea to introduce. Also this also serves as a guide to the investors that they should be more careful on investing.

[milani]

Yes, lots of ICOs fall down to the bottom, and the main reason is no working and not implemented product and no actions of team, my first ICOs I invested were Patientory and Wings and where are they now?

[rmapower]

Looks like most of the ICOs are scam now. It's the reason for that. That could be a real problem in the future. Also this is a very disappointing news for the investors.

[Pontorez]

In fact, this is a good statistic. After all, we can say that only less than half of the projects were unsuccessful. And along with this, the community is gradually getting rid of unnecessary, unpromising products that are unlikely to be able to develop blockchain technology, but focused only on enriching their owners.

[JovhanHermias]

Well its understandable because right now there are many ICO`s that are made everyday so the investors will surely not stay in just one ICO and this results to project disband because of lack of support and investors.

[hanxinvwang]

The risk of investing in ICO has grown, and because of the large number of fraudsters, many investors have now abandoned their investment ideas for ICO projects!

[tuikindu]

These Numbers are normal for an ICO, and I believe 90% of new businesses fail within a few years.

Because most of these ICO's today are created just to raise money, but ultimately these people won't do their job to develop further.

[memFISTO]

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

Now the number of failed ICO has really increased. Of course, there are scammers here. But I believe that most of the failures are caused by the fact that people simply lost confidence in some ICOs. But I believe in the potential of different reliable projects, it's only necessary to choose them responsibly.

[secondhandlark5]

These Numbers are normal for an ICO, and I believe 90% of new businesses fail within a few years.

Because most of these ICO's today are created just to raise money, but ultimately these people won't do their job to develop further.

I think the same the projects have a low quality and they do not have a product. This means that a lot of projects on the blockchain fail.

[fayoling]

These Numbers are normal for an ICO, and I believe 90% of new businesses fail within a few years.

Because most of these ICO's today are created just to raise money, but ultimately these people won't do their job to develop further.

I think the same the projects have a low quality and they do not have a product. This means that a lot of projects on the blockchain fail.

These projects have not learned how to properly manage money and therefore went broke

[aalborg]

It is sad statistics, but  i am still waiting for hidden gem and will continue to participate in hype ICOs. I believe once upon a time I will be able to find new ethereum or Neo and then it will grow 100x and more.
I believe in it, so I keep going.

[mr.nby]

The risk of investing in ICO has grown, and because of the large number of fraudsters, many investors have now abandoned their investment ideas for ICO projects!

The increasing number of ICO scams or unsuccessful projects certainly has a big impact on the falling confidence of investors. This situation increases the investment risk, which makes investors less willing to engage in ICO.

[cepot9]

I think last year it was not bad for IO because most of it did not work like now, which I think is 70% there, junk and scammer. I thought about how to stop those who did not care about crypto's future and only seek their own profit through the ICO project

[gorokill]

Some of their projects have no value, their existence is only to make money in a fast way without thinking about developing their projects in the future, too many too many fraudulent projects appear. so half of the ICO who came to the surface were scam projects.