Malamok101
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Proof-of-Stake Blockchain Network
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June 05, 2019, 04:19:58 PM |
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Every ico's will fail for those people don't like the project and lack of investors for sure. So many projects that has been untrusted in bounty section that being scammed they just want to become secure for their self's.
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Korkorjkk
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June 05, 2019, 09:34:51 PM |
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Most ICO's coming up copy the already existing ideas people have, hence the uniqueness is lost. People want to follow different things. In addition too, the ICO's do not give real solution to problems and they sound very abstract to investors.
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sngwinner
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June 05, 2019, 09:46:53 PM |
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Most ICOs were actually not meant to be successful in the firat place. The idea was actually conceived by scammers and so how can such ICOs even survive. The few that are legit are the onces that survive.
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Anc92
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June 08, 2019, 08:53:44 AM |
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Might be? but for me it is lack of prefessionalism especially these scammer doesnt know how to writer a good whitepaper ,purely shit contents in the whitepper plus the websites look terrible,they arent using their own identity.Peopla re more vigiilant when it coins to these ICOs they are doing a lot of research if they have found that an ICO has some missing information they wont invest to it that is why it is so important to have a good team and advisors aboard.
I hope you don't fall for some elaborate scams though. A lot of cunning guys have written well articulated whitepapers and thrilled readers and still pulled a houdini on spectators. It's best to look for credible teams with individuals as influential as Alfred Khan building a solid, yet simple idea into a working product.
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defyance
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June 08, 2019, 09:37:04 AM |
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The main reason why ICO fails is that people don't DYOR and take into account influencers. ICOs are greedy and they don't want to pay marketmakers. That's why token is dumped
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bristlefront
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June 08, 2019, 01:43:46 PM |
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Mainly because after collecting funds for further development, they are not working on the promised project. Resulting to the downfall of its price since there is no product. Some are working but the progress is slow and it is bad for the investors and they maybe think that the project is abandoned and I think having an active ICO group chat could make them less worry by updating them. But mostly ICOs are 90% fail since 2018 because of fraud, many projects to mention but that's it. It is because of the shit team who just want to get money from easily fooled people. So next time find a better project that won't left its investors until the end of collection.
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BeManga
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June 08, 2019, 02:15:49 PM Last edit: June 08, 2019, 02:38:16 PM by BeManga |
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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.
ICO can be determined by their purpose , good team and developer , community support and trust. we can say you can add creativity in ICO but the question is does the team can implement it or the team are capable of doing it. there are a lot of creative ICO but after the offering they just simple disappear because they cant implement what they promise and due to lack of trust ICO will always in the way to fail because other ICO already exhaust the trust of the investor.
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jolle123
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June 08, 2019, 02:28:47 PM |
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The ico that fails are those projects that offers shitcoins so they don't have investments and investors dont want to invest in their projects so they are failing and thise projects that fails has no potentials and will never be successful ,but this project is good and can ne successful project soon so dont miss a chance to have the tokens if the Dencoin.
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aderidwan98
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June 08, 2019, 02:43:06 PM |
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I think that is all true, and in 2019 there were very few crypto investors who joined the ICO project because they were traumatized, and now they have chosen IEO to invest
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Enzo05
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June 08, 2019, 03:31:03 PM |
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One more reason why most ICO's failed is because there are already existing good crypto then another team will try to defeat those already existing so they will just ended up competing and investors will get confused to it and will just try to invest to other concept instead.
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Ucy
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Bisq is a Bitcoin Fiat Dex. Use responsibly
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June 08, 2019, 11:28:42 PM |
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Same reason why most businesses on the planet fail. Just Google "percentage of failed businesses in the world" 90% of businesses fail according to forbe: https://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/The current situation of ICOs is a problem that can be fixed. I think we will be forced to fix it eventually once we realize that there is no better way of funding blockchain projects. Once it is fixed only quality projects will be able to raise funds and only few projects will go through ICO
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Bobby park
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June 08, 2019, 11:53:33 PM |
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Base on my own observation and simple analysation almost 10% upto 20% of all ICOs out there are authentic and have a good purpose. Some people like investors are forgot to investigate and to know more about the ICO that they want to participate. Also the weakness of developers are the common problem of some ICO's because of that the probability of getting unsuccessful is an big percentage.
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ub27
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June 09, 2019, 12:02:40 AM |
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I think the major reason why most ICOs fail is because the said team members are not being genuine most times. Many are just after the money, after token sale they will keep deaf ears to investors. Strategy and updates matter a lot, not just fake promises.
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fvb
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June 09, 2019, 12:12:05 AM |
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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.
The reasons for the failures are many. Initially, this is the commitment of the team to develop their project. The usefulness of the product for users and the relevance of the application. A strong community and a transparent, honest proposal of founders to investors. Further, the competence of developers and a specific thought-out development plan.
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elpiji
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June 09, 2019, 07:39:38 AM |
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most ico fail because they are now not too transparent to sales and they are also lacking in promotion, such as not attending some blockchain events or ideas from projects that don't make sense
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DeathProxy
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June 09, 2019, 08:04:05 AM |
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Many fail because of lack of real working product. Many project develops just a whitepaper with unrealistic target and working product. At the end they fail to achieve their set target and once they fail to deliver investors get discouraged then they fall crashing
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dentolas
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arcs-chain.com
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June 09, 2019, 08:16:02 AM |
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I think the major reasons are connected with scam, unprofessional teams, crazy dreams instead of real usefull products, lack of corporate responsability (devs might vanish at any time), products that use blockchain but don't have advantage with it.... in the end, I think ICOs were damaging to the crypto space, as they have passed the message that this is chaos... ICOs are just to easy for scammers and kids with no business experience
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bittick
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June 09, 2019, 08:21:51 AM |
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Many fail because of lack of real working product. Many project develops just a whitepaper with unrealistic target and working product. At the end they fail to achieve their set target and once they fail to deliver investors get discouraged then they fall crashing
Most of the ICO that succesfully gathered funds I know could deliver a working project, However they fail to attract people into using it, that's when they got stuck, no one using their product while they are still on expenses of mantaining it, most of people also come just to invest and not really to use the product, I think people really need to sorts that problem out because that's actually what's behind all these failures atleast in my opinion.
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kidoseagle0312
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June 09, 2019, 08:46:52 AM |
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There are so many reason why many ICO fails here are such as follows;
1. The team member of the project are fake. 2. The whitepaper was revised only, in short it was copied. 3. They're not giving any updates to their community about what is going on to their project. 4. They're not transparent about the collection fund they've raised.
These are I think is the factors reason why the campaign failed.
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Register13
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June 09, 2019, 08:50:51 AM |
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Maybe the reason why most ICOs fail is because their service or even their product do not have a market demands. These projects may fail as time goes by. Potential users want to see projects that have a defined market as well as future utility. Maybe another reason to be consider was it lacks of real working product. So at the end of it they failed to achieve their set target and once they fail to deliver, investors get discouraged on it. But the market was really grows now, so its not only the ico was the subject of investment, but we have also the alts just like the dencoin tokens which has a good deals of making profits.
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