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Author Topic: 80% of ICOs are Scams  (Read 12246 times)
AliveBuda
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May 19, 2018, 05:40:05 PM
 #381

I'm really surprised about this percentage being so high. I've been involved in quite a few ICO's and bounties and I've only encountered one scam in an airdrop/ICO. I believe if you do your research thoroughly, you don't have much risk of getting scammed.  Wink Wink
malahivet930
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May 19, 2018, 05:47:05 PM
 #382

Its depend to us on the off chance that we trust that 80% of the ICO from now is thoroughly scam. We are in a possesion of the issue particularly in picking ICO. What's more, some of the time we likewise have an issue so we think they have the less. There are such huge numbers of task that are as a rule conceivably to be a decent venture soon. Be that as it may, we are simply expected to have a trust to whom we trust.
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May 19, 2018, 05:58:59 PM
 #383

I think 80% being scams is very high and don't think it is true or quantitative enough. I think saying 80% failed could be right and correct. This is my 3rd year of direct involvement in the space none of these ICOs have deliver an thing close to good, they have shifted their roadmap several times. Just look at Golem for example

Ozero
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May 19, 2018, 06:09:49 PM
 #384

I do not think that 81 percent of all ICOs are fraud. According to other studies, fraud in ICO projects is slightly more than a third of these projects. Here it is stated that in the category of fraudulent projects that were recognized as such by the community were hit. However, in many cases, after finishing ICO and distributing tokens, especially where there is a significant delay in the payment of tokens, many people start to write that this project is fraudulent. About one third of projects is a more real figure.
In general, I consider ICO to be a very necessary and useful activity, regardless of the presence of such fraudulent cases.
uzurik
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May 19, 2018, 06:18:31 PM
 #385

I would say a very incomplete figure of 80% !!! A maximum of 15-20%!)) Well, in my experience)
mrdelacrua
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May 19, 2018, 08:02:42 PM
 #386

Yes there are plenty of scam projects and they are making troubles for good ideas.

But there are good projects also. Look at the Lockchain for example. Thats a product where you can book hotels 15 - 20 percent cheaper than on booking dot com and even when it is still alpha, you can use it right now and save money, no strings attached. Already 20.000 hotels implemented and another 80.000 this month. That is a real blockchain project.

Rammygold
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May 19, 2018, 08:13:43 PM
 #387

You are viewing this  from your own perspective, that's why you are concluding that most 80% of ICO are scam I disagree totally with that if you say that most ICO pay worthless token I can accept that though some ICO are scam but not 80%
thetruth123123
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May 19, 2018, 08:23:00 PM
 #388

Where did you found that statistics? I would say from my experience, that there is really many of the great projects comming out recently
raahi
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May 19, 2018, 08:26:16 PM
 #389

I totally agree with you on this that more than 80% ICOs are scam most of them just make their ICO with the intention to scam and take the money away. And some of them are newbies so they fail to make their ICO success.
Nevermind344
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May 19, 2018, 08:46:08 PM
 #390

I cant agree with this statement, 60% of ICO are unpromising which have an idea but with a weak development, without any working product in result. And there are 20% of real scam projects organized by fraudsters.

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May 19, 2018, 08:47:26 PM
 #391

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May 19, 2018, 08:53:45 PM
 #392

I totally agree with you on this that more than 80% ICOs are scam most of them just make their ICO with the intention to scam and take the money away. And some of them are newbies so they fail to make their ICO success.
I think you agree without the obvious fact, because I think the ICO project is a lot of scam, but it's not as much as 80% maybe only 20%. and if the scam maker ICO is a beginner then that will be stuck in the project also beginners too

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bitcoin2048
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May 19, 2018, 09:19:09 PM
 #393

 It is sad to hear that statistics, but I believe, that this is enough to participate at least in few good ones per month to be good.
Chacha1000
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May 19, 2018, 09:22:39 PM
 #394

That is so bad to hear,I agree with you on this. But let us still participate in d few good ones, with time all the scam ICO will become a thing of the past
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May 19, 2018, 09:24:30 PM
 #395

yes, I agree that most ICO is a scam, but I do not know exactly what percentage, some people say 90% some 80% more people.


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trimulia
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May 19, 2018, 09:25:22 PM
 #396

you gone wrong, i think ICO scam is only 30% ,and another project usually not scam but failed to reach their softcap without return investor money

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May 19, 2018, 09:27:02 PM
 #397

I've never been on a Scam ICO.The secret is simple-you have at least a drop of doubt - just leave.and generally, if to look from the side it is still 80% moshennichestva is too much.



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Skieleton
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May 19, 2018, 09:27:57 PM
 #398

Where did you found that statistics? I would say from my experience, that there is really many of the great projects comming out recently


How confident are you that these great projects will be profitable? I was taking part in a good project last time. After retaining the prize tokun was useless ...
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May 19, 2018, 09:30:21 PM
 #399

You're exaggerating the figure too much. I would say that no more than 40% of scammers.
It takes time to wait until the team realizes their promises. Rarely, when immediately after ICO the coin grows several times and you calculate the profit.

haithomz999
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May 20, 2018, 03:03:56 AM
 #400

Yes, in what you are right. Now anyone can make a coin, buy a lot of advertising, make a noise and sell nothing, just air. The scale of this is really the greatest. I think the excitement in itself will soon diminish. Since people are already beginning to invest more cautiously.
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