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Author Topic: Reasons why ICOs fail  (Read 319585 times)
gg20222
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March 26, 2018, 07:28:08 AM
 #81

The reason why ICO fails, is that some have less information about their projects. So people dont join them or they do not campaigning tgeir projects. Thats because of their lack in information.. Sometimes they need to spread their project and ellaborate more about thier researches, so that people will join and understand whats it all about.
sutejo
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March 26, 2018, 07:30:47 AM
 #82

many ico fail because the members who join in ico is not achieved according to predictions of developers such as enthusiasts to join it less.
susuberuang
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March 26, 2018, 07:31:44 AM
 #83

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.

there may be many that make some ICO fail, ICO should have a very good development project and very useful for the future, if they fail they probably do not have a very good project and do not have a team that is very inexperienced to develop his project. ICO should also have a very good marketing strategy by using bounty participation.
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March 26, 2018, 08:04:07 AM
 #84

i think so. not 5o% fails.. its lack of campaigns.. we still have good ones
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March 26, 2018, 08:09:14 AM
 #85

IMHO the whole crypto market is based a lot on speculation and hype... so I'd say a huge reason an ICO might fail is lack of proper advertising/not getting their name recognized. I suppose that could be true for any business, but I feel it's especially true in crypto.

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March 26, 2018, 08:11:04 AM
 #86

The whole world drug trafficking has already invested . That's why:D

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March 26, 2018, 08:17:19 AM
 #87

I think most ICOs fail because they lack proper planning and execution without a strong development team. When a team plans to launch an ICO they should first do a lengthy market research to see if their vision has a reach to the community and subsequently to investors. I normally choose an ICO that has achievable goals and a strong team behind it.
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April 05, 2018, 08:05:13 AM
 #88

Some ICO projects are not well defined even at the begining, they are not providing enough info, team is not involved, they have no future plans and have very vague white paper, so it is often obvious that the project will not have success, as nobody cares really.
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April 05, 2018, 08:09:01 AM
 #89

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.

If i can add another reasons, it must because of these 2 reasons :

-The lack of promotion from the developers and the team (the website is not good enough, whitepaper is not clear)

-The idea of the project is too common so there aren't so many investors who invest in the ICO
nonik
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April 05, 2018, 08:41:04 AM
 #90

I think The failure of the ICO project due to team work and bounty managers is inexperienced in marketing the product and handling the project, as well as the products and profit systems resulting from ICO investments are not clearly stated, so investors are not interested in investing.

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April 05, 2018, 08:45:23 AM
 #91

Basically, because of a bad idea or for some technical reasons, many ICOs fail. Therefore, investing in any ICO is risky, it is important to look for projects that try to avoid these mistakes. Of course, some of the most promising start-ups may fail. If you plan to hold on to the investment before the victory, be sure to evaluate the long-term strategy of the project.
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April 05, 2018, 08:49:18 AM
 #92

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.

I think I would agree with your number 2 opinion. I've seen many ICO failed because they didn't execute the plan properly.
That's why I prefer several ICOs which already have a demo or MVP. That makes me believe that they have a skill to build something.

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April 05, 2018, 09:00:00 AM
 #93

Plan has been projected long term, or way too far in the future and so many view it as failure since they do not feel the results at an early stage.
No product backing it up with smart real world application to garner community support. Or simply the dev team just wished for the money, and did a pump and dump strat.

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April 05, 2018, 03:52:25 PM
 #94

Well.. I think here are some reasons why ICO fail. First, your product offering has no demand in the market. ICO fail because their product or service has no demand in the market. Second, poor brand identity. People make subliminal decisions in seconds and the way your brand look and is presented. Third, Poor Product and Marketing Content, at any stage the ICO good comunication and product are the key. Fourth, Unrealistic Budget and Objectives, the higher you set your hard cap, the more budget you will need for marketing and development. And the last is Lack of Reporting and measurement. A lot of teams behind ICO's are newcomers to the online marketing space and don't understand the importance of analytics and reports before it is too late.
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April 05, 2018, 03:56:54 PM
 #95

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.

There are a lot of things that affect the success of ICO. As we know there are over hundreds of ICOs on going right now, which means investors have a lot of choice. Another thing is the market situation, most investors choose not to invest since bitcoin and ethereum are both down, they will get lesser coins or tokens.

 
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April 05, 2018, 04:00:50 PM
 #96

Not reaching softcap and hardcap, too much airdrop, no useful project, hard to create and less experienced team on the project.
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April 11, 2018, 01:41:08 PM
 #97

Some reasons why icos fail is because they don't have broad knowledge in building a firm blockchain. Forming blockchain is not easy than you think. It undergoes in a lot process before you achieve your success. A
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April 11, 2018, 02:20:16 PM
 #98

i believe many ICO's fail because there are too many ICO's already.
Investors in crypto are limited, not anyone interested in cryptocurrency.
Therefore, the large investors only invest on a few ICO's

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April 12, 2018, 02:32:07 PM
 #99

I think there are some main following reasons: For ex like INCHAIN :
- Team — Unproven team and no other proof of ability to execute
- Business viability — Limited/unknown market and unclear business plan
- Technology check — No proof of concept and no other technology verification
- Crowds mechanics — Badly structured ICO in terms of investor protection
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April 14, 2018, 12:26:04 PM
 #100

Most ICO are just really made to fail, most of it are a project without cause and just copied from other project. The developer team haa a big role in the success of the project. Before investing in an ICO, one must check out the background information about the team. The previous project they made and some related affiliation to other group. ICO also fails because the community that are interested with it is so few. This makes the project not popular and not gaining demand from people.
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