potassium40
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June 22, 2018, 03:26:33 PM |
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There are many ICOs out there, but more than 50% of them fail. From my analogy, could this be the reasons why ICOs fail? 1. Being too complicated: If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience. 2. No unique Use case and lack of creativity: The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?" I believe the list continues.
ICOs is just a small stage of a company and nothing is stable during that stage. Also IDEX is a graveyard for a lot of ICOS there ar e alot of bad icos unfortunatelly, but i do not know what can be done here and can personally i do with this situation
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iqlimasyadiqa
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June 22, 2018, 03:27:02 PM |
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Reasons why are ICOs fails usually simialar, when team have hide token sale,token metrics were different from what team were claimed and real product on ico is just useless
Those are some facts why investors is not supporting this type of ico's, the team behind are shady and the project is worthless, its very important for real usage and the team development are for real, if a projects wants to be more successful and wanted to gather supports the team behind should provide updates and progress and what is the target goal and how the implementations will succeed. most of an ico project is now a problem because they are always thinking of making a profit and not thinking about the lives of investors. but calm that there are still some projects that do have quality. selective in choosing is one way to get the best results. investing in ico means we are ready and aware of any risks that might happen.
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goku1525
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June 22, 2018, 03:36:22 PM |
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Reasons why are ICOs fails usually simialar, when team have hide token sale,token metrics were different from what team were claimed and real product on ico is just useless
Those are some facts why investors is not supporting this type of ico's, the team behind are shady and the project is worthless, its very important for real usage and the team development are for real, if a projects wants to be more successful and wanted to gather supports the team behind should provide updates and progress and what is the target goal and how the implementations will succeed. most of an ico project is now a problem because they are always thinking of making a profit and not thinking about the lives of investors. but calm that there are still some projects that do have quality. selective in choosing is one way to get the best results. investing in ico means we are ready and aware of any risks that might happen. Yes, before we start involving an ICO we must select a good one by rating them through there projects they launched. For me, the reason why ICO fails it is because the product they launched was not totally demand by individuals. So it goes down to scammed.
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jdnthny
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Futurov
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June 22, 2018, 03:39:51 PM |
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There are lots of reasons why most of the ICOs tend to failed. One reason is that their team's experience is lack and insufficient that made their project weak. Also most of those ICOs are just into money so they just tend to scammed investors so their project failed.
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muratdur
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June 22, 2018, 09:17:50 PM |
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I can totally agree with the point number two on your list because when some ICO is really outstanding and unique that project usually would get famous and popular, and be successful as well.
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Milla Kross
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June 23, 2018, 07:00:03 AM |
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Because when choosing ICO investors first of all should think about whether the project will receive wide recognition and whether it will be in demand in the real world. Unfortunately, many projects solve far-fetched problems.
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Collider
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June 23, 2018, 07:02:15 AM |
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Another point is that they are not regulated, everyone can create own ICO whithout any knowledge without any previous experience and what is the worst thing? That many ICOs are not created by real people,
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Emilyearl
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APESWAP
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June 23, 2018, 07:09:03 AM |
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Your number two option is the reason. A project is understood even when it is very techy. I remember when Bancor was holding their ICO I tried reading the whitepaper damn I never understood anything from it because it was techy. But look at Bancor now, is the project not a success? It sure is because it has use case. The main reasons why projects fail because even the simple language ones fail as well is because of lack of utility. It's a Whitepaper thing.
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altcoinhunter01
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June 23, 2018, 07:46:59 AM |
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There are many reasons for failure of some ICO's and main reason is that market conditions are not so good for new ICO now. Market is highly volatile now and price of new coin change as per market fluctuations. Market is dropping so those who invest on high price comes in loss if base coin price dropped so people afraid to invest in these conditions. ICO's will gain ground when market stabilize.
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jamecuvier1221
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June 23, 2018, 01:42:38 PM |
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There are some icos which are creating a high softcap, and that is one of the main reasons of why we are seeing a lot of them failing, because the people has lack of trust over them (they do not want to lose their money) Report to moderator
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lieutkcb
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June 27, 2018, 08:09:13 AM |
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The tokens created must provide practicality in the ecosystem they are in and can increase the network effect. ICO tokens must be part of the company's business model. Many tokens are not practical, and failure is a matter of course.
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kendedes
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Security and Privacy Features on the Blockchain
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June 27, 2018, 08:15:31 AM |
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Actually, in my opinion, success of the ICO or not will depend on: - Product ideas - Team - Community
If the three main components are very great and effective, I'm sure that the ICO will be easier in reaching the softcap. A failed ICO commonly will have lack of the concepts and team involvement. So, just look at these three main elements that we will analyze.
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emmablue
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June 27, 2018, 08:16:36 AM |
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Most ICO projects have no real use, and they are just dreams. You can see “top dapps” for yourself at https://dappradar.com that actually there are very few users(only a couple of hundreds active users per day). With such limited number, its value cannot match its ICO price imo. Because most of the ICOs are scam,a lot of ICOs are just created to scam people that is why most of these ICOs are getting nothing from community resulting into failure.People arent dumb enough not to research about the ICOs theres a lot of things to consider that is why most of these ICOs which has lots of redflags wont be support by the community.
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phsan12888
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June 27, 2018, 04:56:51 PM |
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There are many reasons for the failure of ICO, but I think the reason for most of the ICO's failure is because their projects are completely unrelated to the blockchain. Many projects actually do not meet the conditions required by the ICO. They just wrote an impossible realized white paper and then immediately start ICO,that have not been carefully prepared are necessarily failing.
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greydking
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June 27, 2018, 05:02:39 PM |
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Failure is a natural of being startup. More than 50% of startup dies, even after receiving a 1st round of investment. With ICO it is more difficult to succeed, usually, easy money spoils them, the only thing they care is to create hype and listing on exchanges.
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saycryptohello
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June 27, 2018, 05:04:29 PM |
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many reasons, one of the simplest - an ambitious task is set, which is hardly possible for the team, as a result, goals are not achieved, the project goes down
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Omooba098
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June 27, 2018, 05:08:06 PM |
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Some ICO's are relatively scam and they really don't care on the investors or traders except for the money they took from them. But some ICO's are good and legit you just have to identify which one is good and will take good care of all your investments
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abvhiael
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June 27, 2018, 05:15:19 PM |
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I tend to think the number is much better than 99%. Possibly 75%. For one, ICO’s are so new most have not had a chance to fail. They are still trying to launch or build their product. But if I had to guess I would say that because ICOs are well funded that could give them an advantage compared to a traditional startup company. Plus most have a business model in the growing crypto industry.
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emmablue
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June 28, 2018, 05:24:49 AM |
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I think another reason for the failure of an ICO is that the valuation is too high.Their working product cannot match the valuation, so the investors lost faith. It may "pivot" a few more times before its final failure.
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phongz81hng
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June 28, 2018, 09:51:18 AM |
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I think it is because there is no actual demand for the project. Many ICO teams have come up with a project and then naively believe that this project will change the world and change the universe. Profits will surely come. But they never consider what the public really needs
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