80% of ICOs are Scams

[alexford]

As for my experience from January to June 2018. 6 out of 10 are legitimate to me. So it was 60% of ICO are legitimate and 40% are scams for my experienced. I base on what I've experience, maybe in your case, you encounter more. Because there are lots of scammer pop up in the forum when bitcoin start to be publicize in the news.

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[Katekuz]

This is a very large percentage, I hardly believe it, and in fact it does not matter, we must defend ourselves

[Anzal RK]

80% ICO Scam

You sure 80%, is too big percent broo.
I think ICO fail and right is 50 : 50.
Because i looking some ICO is be a great invest in this year and some is fail yess.
Is back to the dev of that project.

[AfterTheFork]

It's quite unfortunate but it's a plain fact that most ICOs in the recent past are not as good as they used to be in the past, infact most are scams , that only aim to corn people out of their money,  caution is therefore advised when investing in ICOs as you never know which one will be a rip off, make sure you investigate the ICOs well and do proper research before investing

[Bonheur]

Not just scams but fancy scams.They make people blind buy using big and fancy words, slogans, catchphrases.I especially get cautious when I see not understandable but technical looking terms keeps getting thrown at my face.

[123canz999888]

Mostly ICOs are scams and its hard to identify which is genuine..but We cannot avoid the scam and failed ICO..Make a research  first about the project and Try to check the ICO's team or the developer.. we should aware if joining ICOs..Choose wisely

[gorodskoi]

Yes, there are a lot of scam projects now, but there are also successful projects.  I advise you to spend time and find such projects, then to invest.

[Abugbilla]

I will agree with this analysis, especially on the percentage that end up been scam projects. Most people of these days just organize ICOs to dupe people and run away with their monies. And they are very professional in whatever they do, making it difficult to detect it at the beginning.

[Triwiyono]

I think all ico is a scam. if the ico coin is not in the market. although ico sales can be successful or hardcap, but if it does not go on the exchanger, I think it can still be said scam. so if you want to invest in ico, be careful, choose a really good one ico. which is possible if the ico coin will be list on the market.

[insidertradingeverywhere]

Can't believe! So sad statistic..
We have to select better ICOs in order not to be scammed and receive good ROI. just 8% on exchanges and how much of them are sucessful?

[bit..what?]

I think slowly, it could be 80% or more.
In addition, ive read in the last few months about so many scam icos, but hardly about successful icos that are not scam.
I can only advise everyone, be careful.

[victory1]

The figure of 80 percent of fraudulent ICO is too high. Here it is said that to fraudulent are those ICO projects, according to which people expressed in social networks that they are fraudulent.

I know that in many cases, when tokens are for any reason delayed, the generosity campaigners start to panic and write that this project is fraudulent. I think that fraudulent ICO is much less. According to other studies, they are about a third, still as many as failed. This is a more real figure. It roughly corresponds to my practice, although by my calculations, fraudulent and failed ICO campaigns will have no more than 40 percent.

[Zumbiko]

I fully agree with you that more than 80% of ICO scammers. and so I am very cautious about investing in ICO.

[Dayattaufik]

indeed it is very true if today it's a lot of ico who fraud but we also have to we carefully if you want to get ico who is not a fraud, we must understand first is his project and then the developer and his team and most important mediator it all we must understand, if indeed we do not recognize the thing mentioned we do not easily follow their project because now scattered ico ico fake

[taktik]

The figure of 80 percent of fraudulent ICO is too high. Here it is said that to fraudulent are those ICO projects, according to which people expressed in social networks that they are fraudulent.

I know that in many cases, when tokens are for any reason delayed, the generosity campaigners start to panic and write that this project is fraudulent. I think that fraudulent ICO is much less. According to other studies, they are about a third, still as many as failed. This is a more real figure. It roughly corresponds to my practice, although by my calculations, fraudulent and failed ICO campaigns will have no more than 40 percent.

It seems to me that it is always very difficult to identify fraudulent projects or not. There are several cases, True no one could have assumed negative consequences. An example is CENTRA and Danero. But if you analyze the company's ico and their results, then almost half of them are scammers and projects that do not break at all.

[jumper3]

Yes there are plenty of scam projects and they are making troubles for good ideas. You can wisely choose the ICO projects if there are more supporters and the idea is unique then you can trust or else you can skip the project.

[sorca]

That's why good projects now can not collect the necessary amounts. Because of the large amount of fraud, everyone is afraid to invest. I hope that regulation will reduce this figure and minimize the number of scam.

[Nasonn]

That's why good projects now can not collect the necessary amounts. Because of the large amount of fraud, everyone is afraid to invest. I hope that regulation will reduce this figure and minimize the number of scam.

This is the situation we have found ourselves and it is really sad. I have been following some good ICO but only a few have been able to reach their hardcap, many are now finding it hard to reach their soft cap because many investors have been affected by the numerous scam ICOs going on.

[Rosa Paula]

There are a few kinds of trick ventures. To begin with is when engineers take away gathered cash. Second is when financial specialist get token, however no place he can offer it. Third is when engineers don't perform guide. May be can be different kinds of trick ventures. I think all such ICO involve 80% of aggregate sum.

[marn6767]

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