80% of ICOs are Scams

[bibitao20]

Unfortunately, it is really seems to be so. The lack of a control has it's flaws, so scammers have a great range of ways to fraud on cryptocurrency market. However, now even good and promising projects sometimes can't reach hardcaps, so maybe the situation will become better in the near future

[Ekaterinat]

Scams among ICO are many but not more than 30-40%. Many investors want to see a rise in the price of the token as early as possible, but until the project team achieves concrete results this will not happen.

[Anzal RK]

yeah i know and we all know.
this year so many ICO fail and we are the Bounty Hunter not making a profit.
i hope so much if next ICO and Bounty is success.
is to low, 2017 is better than now.
i hope so this year will batter than 2017.

[avarnet]

I think not all or 80% of it is a fraud because now it is very easy to be able to find ico who cheat or not. because many indicators and also reviews that we can read

[Joemzz31]

I have no idea about the breakdown or the percentage of scammers in initial coin offering companies.
All I know there are some opportunist people that will used that chance to steal your money and they are the one who will benefit from that money.

[lumeire]

there are a lot of scams, that's true.
but 80% seems like a lot of overkill to me.
I think that there are especially many bad projects, badly prepared, and launched by incompetent teams.
that's why when you want to invest in a project, it's very important to be well informed and not just follow a buzz or a popular project.

And despite this horrifying statistics, many people are still happy to invest in ICOs. It seems to me that only lucky men win here and this group of people that are true professionals. Many investors lose.

It still all boils down to having due diligence in researching the ICOs you're interested in. That's pretty much enough 90% of the time.

[AiwaDima]

I read somewhere that even an even greater percentage of ISO is just scammers and I think that this is a true truth, because he himself was convinced of how many swindlers and how much money they had already stolen from investors

[Radio-Active]

indeed many scam ico that stole the investors money. but not all ico are scam.
if you manage to invest in a good ico, you will have great ROI later.

[Bergiolia]

There are already over 1,600 sighted ICOs this year since January and sad to say there are about or around 20% of them had passed and bumped into www.coinmarketcap.com list as newly listed altcoins to be legally traded in the crypto market so I think Yes, most of the ICOs running today cannot proceed to the finish line as some of them are scams, fraud and bogus ICOs that were trying to rob investors' money and crypto assets.

[Bergiolia]

indeed many scam ico that stole the investors money. but not all ico are scam.
if you manage to invest in a good ico, you will have great ROI later.

I joined a lot of bounty campaigns since last year on 3rd quarter and until today but unfortunately half of them went suddenly gone, stopped or suspended and half of them are indeed paying but half of my altcoins in my wallet have still no value until today.
that's why we couldn't always rely on bounty campaigns and the reason why most of the bounty campaign participants are having multiple forum accounts in order to join as many bounty campaigns available.

[Amevalentine]

Scam? notes. serious ico will not do a scam. because they are already in preparation. different if ico is a ico that originated from a lending or an unnatural investment. no team appearance. this is obvious they want to commit fraud

[Vincent Wright]

I think 95% of the ico is fraud, which is to defraud the investor's money, and then increase the encryption price, and investors buy more expensive encryption to lose money.

[ductho158a]

This is exactly why you should research any investment vehicle.  Please read my other post on investing in crypto.  There are fundamental principles that should be followed to decrease your chances of becoming a victim of fraud!!

[Genosx]

unfortunately yes, because in this world there’s a lot of scammer that the only thing they want or called objective is to gain profits for their own goods even
if fooling others in terms of business is absolutely prohibited.

[trash321]

To my great regret, statistics are really very deplorable, I think that such a percentage is really real, because now it is more and more difficult to select projects, but we are going to a better world, so today the best option is integration of verification not by investors themselves, but by developers themselves.

[Andwarchik]

Sometimes I think that more than 80% ICO is a scam! It is awful and if it will be so in near future I don't know how will we make cryptocurrency more popular...

[Skieleton]

This is a huge problem because it's hard to choose a real project. Even very promising can turn out to be a scam. Tami I've had lately. I received tokens but nothing worth it.

[IvanNaVi]

indeed many scam ico that stole the investors money. but not all ico are scam.
if you manage to invest in a good ico, you will have great ROI later.

There are good, there are bad, and there are simply losers. The last two options are succeeding in the market. Therefore, everyone believes that the bench a lot, in fact, some projects practice instantaneous transfer of investment in the case and after the failure can not return anything.

[Vova.vova]

I am a modern person who is interested in all the innovations offered to us by internet space, so when I learned about ICO Vireo I decided to find out more about this project. And I was impressed! One of the most successful ICO in 2018!Check it!

[Sandijoee]

if in my opinion not also ICO until fraud, I think the average ICO may be a fraud from the stack division only. If it's not getting paid it's impossible. According to my find and I have ever felt such a thing.