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Author Topic: 80% of ICOs are Scams  (Read 12142 times)
sergey_vass
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August 19, 2018, 06:06:07 PM
 #1861

In 2017 ICOs collected a lot of money, so greedy people come to crypto. And now we can see, that really near 80% ICO are scam. Investors do not want bring money and a lot of projects cant collect even softcap. BUT, i think that scam is not only unfair project, but it is project, that cant get listing on exchange, has weak development, does not hear investros. It is necessary to choose projects very carefully

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August 19, 2018, 06:07:26 PM
 #1862

ICOs scam is one of the reasons why cryptocurrency has a bad reputation and results in a decrease in the level of trust of some ICO investors, this is very dangerous for the future of cryptocurancy, especially for ICO projects. The fraud ICO is currently growing in number compared to previous years. This is why we all have to be more careful in choosing an ICO. Research first. Try checking the ICO team / developer and rating it on websites like icobench or icorating. I usually join ICOs that are handled by trusted managers. This helps reduce risk.
marados
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August 19, 2018, 06:09:00 PM
 #1863

Definetly lately there are more and more scam ICO's out there, so everyone just be cautious before you invest your money or even time in some project, check everything twice and be sure everything is in place and fully transparent. If something seems odd then it probably is... Be safe out there...

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sergei1703
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August 19, 2018, 06:15:52 PM
 #1864

I think it is not true, because there are a lot of good project, but the price of these tokens are low because of market conditions. Now it is a good period to buy some promising alts.
WiiD
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August 19, 2018, 06:16:44 PM
 #1865

I don't believe in any ICO at this time. Even that ICO succeeded but after listing at the exchange. I've invested a lot of ICOs that are supposed to be good in 2018. But the result was a heavy loss, ICO scam and ICO success the same thing at this time. We lose money when investing in it
Investing in ico brings good profits, but here are no guarantees what projects do not, so I would like that would be regulated by the authorities.
Bile123
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August 19, 2018, 06:17:12 PM
 #1866

Unfortunately, at the moment it's possible to say this (After all, ICO is probably going through the most difficult times now, so that we should all be afraid to invest, but I hope for a while, so we are waiting for the revival.
cryptoclassic
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August 19, 2018, 06:18:56 PM
 #1867

Yes, I think many ico are scam this year. I do not understand why there are many frauds in the ico project. this will make bad news about the ico and crypto markets.
sulendra12
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August 19, 2018, 06:21:37 PM
 #1868

Indeed, some developers will use this chance to make more money by scamming you all guys. Although, it looks those ICO would be successful when the ICO ends but in the reality they are not gonna make it and they are failed when it hits on exchange like we have seen probably on lot of cases.

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tonidin
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August 19, 2018, 06:31:13 PM
 #1869

Yes I agree the biggest problem is the  scams are more. I need to do a detailed review, and investment should not be made until trust occurs. There are some so good ICOs but they are harder to find. This It's related to being a little lucky Smiley But it is best not to rush. It is necessary to follow the projects that use reliable advertising channels. They are already doing a detailed review.
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August 19, 2018, 06:56:48 PM
 #1870

Maybe 90% but not all scams i mean some of in the 90% turns out to be a shit after listing in exchange and there's so many scams lately that's for sure
KeijiN
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August 19, 2018, 07:15:56 PM
 #1871

I believe that 2018 is not the best year for the ICO project issuing, but as well I would say that it is not a scam when the project has not succeed Gathering the money in that is pointed out as a goal to gather.
pictsidhe
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August 19, 2018, 07:18:40 PM
 #1872

Yeah that's right. There are many ICO scams. I think many ICOs fail because sales are not optimal because investors are more careful when investing. But you still have to be careful.
MiguelCryptoss
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August 19, 2018, 07:25:15 PM
 #1873

I totally agreed on their findings that 80% of this current ICOs are scam, fail, dead ........Most of these ICO count away thousand of dollars from faithful investors. They disappears to till air after they have succeed in deceiving the said investors to invest in their coins. I personally was scammed and i lost my hard earn money to them without a refund of my investment. We must beware of these scam ICOs they are fraudsters!!!!! 
Sheentaide
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August 20, 2018, 09:01:05 AM
 #1874

investing in ICOs is a not unusual funding form for small investors. this is a shape of attracting funding in digital money initiatives. It brings you excessive income from these funding initiatives. but you have to be careful, now there are a lot of phishing initiatives occupy about 9%
Yocerr
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August 20, 2018, 09:04:43 AM
 #1875

they are making mess at the crypto market, people are confused and governments are worried.
indeika
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August 20, 2018, 12:01:13 PM
 #1876

Scam projects are less than 80%, but it is still difficult to find a good company with great potential.
ser54gold
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August 20, 2018, 12:03:33 PM
 #1877

Before you participate in the ICO, you need carefully study and analyze the project. Such number of fraudulent projects appeared because most investors do not analyze the projects and invest money in everything and scammers use it.
TpoJIb
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August 20, 2018, 12:12:29 PM
 #1878

80% believe that this is an exaggerated number, but 50-60%, I think that in reality they are not very honest companies, from which both investors and hunters suffer

PaduabAz
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August 21, 2018, 03:28:51 PM
 #1879

I think you failed to understand the situation brother, I consider 80% ICOs are genuine and 20% on it is trick. Not all ICO are trick. Starting at now, relatively regular, may ICO are propelled and their undertaking looks encouraging. You can Identify if the ICO is trick by first checking it on their message network. Request any inquiry with respect to on the legalities on the ICO in the administrator. Additionally the best activity is DYOR first before contributing parcel of capital.
carcas
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August 21, 2018, 03:32:58 PM
 #1880

Yes, many projects were not continued by the team in the project. not according to the roadmap and many teams from the project made a new ico project. this will make many ico projects die on the exchange.
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