RonaldTerry000 (OP)
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March 12, 2018, 08:43:15 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
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silent17
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March 12, 2018, 08:47:18 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
Well, Sometimes the company just burn the token, for those who buy in the ICO, if the company is really legit, They are sending back the money of the people who invested in them. There are also cases that the token stays but of course they token will became shitcoin because they don't have any value.
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cryptosifu
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March 12, 2018, 08:55:48 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
If the ICO doesn't meet the soft cap (minimum requirements), they will abandon the project and refund all investors. Sometimes, if they are off by a little, they might just consider continuing with the project even though the soft cap was not met.
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Jaycee99
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March 12, 2018, 09:00:39 PM Last edit: March 12, 2018, 09:14:18 PM by Jaycee99 |
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What happens to the tokens/coins once an ICO company decides not to continue?
Well, Sometimes the company just burn the token, for those who buy in the ICO, if the company is really legit, They are sending back the money of the people who invested in them Its true ICO team will burn them and the possibility of giving your investments back to you. So when you invest in one ICO remember you must be updated to the ICO everyday to see whats happening. But got to ask this so Is there by any chance the ICO team will just leave and has the possibility of gained investments will not be return to investors? Is there any issue that happend hare? There are also cases that the token stays but of course they token will became shitcoin because they don't have any value.
QUESTION again (questions can be answered by anyone, just curious) Is this like waves? Never know if waves ceeator just leaves there creation and never burn them? Do you think waves still have any chanced of popping up? An
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cryptomorphines
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March 12, 2018, 09:05:50 PM |
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When the project has failed,some of these legit ICOs will give your money back,but most of the time these ICOs wont so it is yours to make decisions to participate or not in the first place,this is the risk of joining ICOs that you arent familiar of,ICO investments needs a lot of time and research for you to lessen the rsik of losing a lot of money.
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inanilujimi
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March 12, 2018, 09:06:51 PM |
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when alt coin fails when ICO is mostly dev and the team extends the time during ICO and wishes they encounter a hardcap that has been specified. all depends also on the team and dev on the ICO project.
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nsasuiteb
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BAILOUT
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March 12, 2018, 09:12:17 PM |
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Without the project, most tokens are useless and will worth zero because they are utility tokens, if project will not continue, there is no meaning left. But teams dump coins before us bad aspect of this.
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CryptoAlphaStar
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March 12, 2018, 10:14:10 PM |
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In the good case scenarion, money are returned to the investors in ETH. In the bad case you are left holding useless token, that noone will buy. In some rare cases as Jincor are doing right now, they are continuing working on the project and looking for alternative financing.
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nata777
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March 12, 2018, 10:30:23 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
In most cases, if a company failed and did not raise money for its idea then they return money to investors and everything.
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lakimens
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PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
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March 12, 2018, 10:36:30 PM |
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If they're not scammers, they'll have a buyback process to return the $$$ to the investors.
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Classica35
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March 12, 2018, 10:49:17 PM |
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Most legit ICOs that i have seen or had encounter with and that could not continue with their projects, usually do a pay back to their investors so that investors will not be on the loosing side. If it is other wise, it means that the investors will loose what they have invested and the token become a?most useless. These useless tokens are known to be shit coins and will have no or less values at the end.
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kingvirtus09
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OrangeFren.com
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March 12, 2018, 10:49:34 PM |
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I really don't know what will happen if the project is unsuccessful but looking back on my campaigns before they burn alot of tokens so that supply will decrease and the demand is going to increase.
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~Bitcoin~
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March 12, 2018, 10:52:33 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
Price dumps hard Exchanges will drop tokens/coins In few cases, another group of people start to develop around coin as volunteer. There will be almost zero trading volume within a month after dev flew away. Devs will announce different coin where you will be allowed to swap your old tokens.
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Jansaa
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March 12, 2018, 11:00:08 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
Coin or token can stop development and price will go down! Best ICO will refund to all member! Other not!
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torrantz
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Sovryn - Brings DeFi to Bitcoin
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March 12, 2018, 11:03:05 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
that means if the project will be stopped. as far as i know about the team will run away with so many amounts of money that raised through the crowdsale. But i think that we can try to report them all to the official institution.
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Findingnemo
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March 12, 2018, 11:08:05 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
I think they will try to give back your investment on that not sure if you invest in something definitely make sure and made research about that and take a good decision before investing it is the right move to make profits.
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[/tabl
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KryptoKai
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March 12, 2018, 11:11:42 PM |
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You have to read the rules, because it says they will return the money to investors, but in many cases they will deduct an admin fee so you will get less back than you invested. This isn't a bad thing, the team could pack up and go taking your coins with them pulling an exit scam! That is why a sold out pre-sale means it is likely to go ahead, and coins are cheaper at the beginning.
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Coin-1
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March 12, 2018, 11:31:02 PM |
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Now some teams just add 2-4 weeks to the ICO campaigns in order to gather a soft cap or hard cap. Some new bounty managers are leading the campaigns not very wisely with strange politics and rules, therefore the projects might not to get even a soft cap, although its technology or economics is good and lucrative. In the most of cases the tokens are not being burnt.
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samcrypto
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Vave.com - Crypto Casino
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March 12, 2018, 11:32:43 PM |
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What happens to the tokens/coins once an ICO company decides not to continue?
Well, Sometimes the company just burn the token, for those who buy in the ICO, if the company is really legit, They are sending back the money of the people who invested in them. There are also cases that the token stays but of course they token will became shitcoin because they don't have any value. Exactly, so better to make a lot of study before you join any ICO because not all ICO succeed. If you're lucky enough your money will be back but the worst thing is, it became scam and a useless one.
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RonaldTerry000 (OP)
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March 16, 2018, 07:18:49 PM |
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Thank you all for your inputs, it's all clear now Cheers!
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