Starfranko
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January 16, 2019, 12:48:37 PM |
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Icos faill in my opinion when projects are adding nothing new to the ecosystem. Some projects have absolutely nothing to offer. They just get introduced into the crypto-currencies space just got the heck of it
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goldexp83
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quarkchain.io
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January 16, 2019, 12:49:07 PM |
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I invested in many ICO last year with my buddies, over 50 projects: -we tried to target best teams and with VC backing -we also selected projects good for flipping -overall 90% of projects have dumped heavily -none has gone bankrupt yet, they still have cash -only 5% of projects have demonstrated to be long term gems
so u gotta be careful and do lots of research!
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incomefromcoins
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January 16, 2019, 01:50:22 PM |
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The main reason why icos fail is most of the ico company can't handle the pressure of market volatility so they cant develop the project on low prices so most of the icos fail
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siupang2
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January 16, 2019, 02:06:41 PM |
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Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
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sonicwave
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January 16, 2019, 02:58:38 PM |
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Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
Indeed, why should they spend time and effort to create a quality product, if you can spend money on advertising and other PR, and then get a lot of money
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Mr.Spreadthehamster
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January 16, 2019, 04:26:44 PM |
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It should be noted that now is the most unfortunate time for the promotion of ICO due to the massive fall in prices for the leading cryptocurrency and the growth of fraud in the ICO sector. Add to this the inaction of the team, the inconsistency of the work of the developers and the insufficient advertising of the project, which cause investors a natural fear of investing.
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Chomsy
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January 22, 2019, 10:41:53 PM |
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The reasons you mentioned are correct. The problem now is that a lot of scammers come into play. Projects do not have strong base for ICOs anymore and those that do, lack the team effort to execute a well organised ico.
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Teamfearless
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January 22, 2019, 10:49:50 PM |
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Many ICOs are failing in the crypto space and this is basically due to the unstructured platform that would cause a high liquidity of the utility token of the ICO. Some projects also don't have a very solid use case and so dies out in no time especially when another ICO similar but have more benefits than the previous one is launched.
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lobo13hf
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January 22, 2019, 10:56:58 PM |
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Many ICOs fail it is because too many doing PR rather than do the development, money for PR is not small amount of money, it's huge to advertise something in public, especially in internet. Yes ICOs need PR but remember the development too, many project after sale slowly growing because they lack of money for development, they only think where we should list this token...
Indeed, why should they spend time and effort to create a quality product, if you can spend money on advertising and other PR, and then get a lot of money Product is important but at the same time marketing and PR is the main thing that will determine how success the product to be used by the users. Big marketing doesn't mean if they can create a lot of money instantly. what would be sold by them?
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mastersay
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January 24, 2019, 06:09:06 AM |
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We must also include that the ICO's failed because also of the timing for the bad market condition. Because even if the project has high good feature if the market were not that healthy, it can still be possible for them not to reach softcap, else if they pause the sale at that time.
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phuonganhdpa
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January 24, 2019, 07:28:58 AM |
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There are many reasons why most of ICOs fail: 1. The current market is very bad 2. Investors are much smarter when selecting ICO projects for investment 3. New cash flow into the market is not much. Old investors will choose to invest in valuable tokens, and have shown their role
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jhon15
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January 24, 2019, 07:40:02 AM |
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We must also include that the ICO's failed because also of the timing for the bad market condition. Because even if the project has high good feature if the market were not that healthy, it can still be possible for them not to reach softcap, else if they pause the sale at that time.
yes maybe as you said, and there are many more that can cause the ICO to fail because it is not easy for the ICO project to run well and finally succeed, it is very difficult. so you have to research the project first so you can know and understand, and many things you need to know, so you can reduce the occurrence of a failed ICO.
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dutechman
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January 24, 2019, 08:42:22 AM |
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A lot of ICOs fail because of lack of proper developmental plans. Many of the developers neither planned well nor have a particular problem aiming at solving. The ultimately goal many of them pursue is to make some money and probably abandon the project. Likewise some potential reliable ICOs lack a good working team and were wrongly advised. A successful ICOs (project) must identify a problem to solve, have a good working team and plans among other things.
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vasilisc555
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January 24, 2019, 08:44:30 AM |
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The reason for their failures is 99 percent brazen fraud. The remaining one percent is disagreement in the team and mistakes in marketing.
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Gatsby club
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keyTango
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January 24, 2019, 08:52:47 AM |
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All projects are very different among themselves, some have a very strong team but no money, others have money but the idea is not quite good, others have some special features, therefore, to say that there is one reason that can lead to failure - It is impossible, there are always many such reasons and they are always individual for each individual project.
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thaliaand
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January 24, 2019, 09:00:32 AM |
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Being complicated may be one of the reasons. And I agree. Some investors may be not "tech" person while the project of the ICO could not give an easier to be understand explaination regarding to the project. This will be marketing problem and should be solved by, for example, an easy understandable infographic.
Meanwhile, uniqueness or new concepts may be one of another reasons to attract investors. But if the new concept is not expected to meet market needs in the future, this will also be a failure.
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Crypto24hrs
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January 24, 2019, 09:10:21 AM |
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The current market reality is also a factors that need to be taken into cognizance, people have invested so much in crypto but with little or no returns,as such investors are realy afraid of pumping in money to ICOs hence the low patronage leading to failure of ICOs.
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Sova_tmb
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January 24, 2019, 05:08:03 PM |
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Many scamers and biggest factor to my opinion if ico even have a working product it an general market fall.
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AltcoinsBattle
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January 24, 2019, 05:18:21 PM |
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The biggest and main reason for the failure of the ICO industry is the illiteracy of investors who were in a hurry to buy assets of any startup where crypto and/or blockchain were mentioned.
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Alohadanc3
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Martian Swap - Anti Whale Measures New Yield Farmi
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January 24, 2019, 05:43:33 PM |
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There is many reasons behind fall of ICO ecosystem. The main reason is market conditions. The market is not well for a long time so in this bear market icos are not profitable anymore. And one other problem is in last few months we saw many scam projects. Many projects comes with great vision after ICO they vanished or scammed people. Some of them failed at devlot stage. So investors are kind of scary to invest in icos nowadays.
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