80% of ICOs are Scams

[owmivmen]

80% Scam? I think only 50% of scams and 40% failed this year. only a few ico projects are successful and have value on the exchange.

[Astrilian]

80% Scam? I think only 50% of scams and 40% failed this year. only a few ico projects are successful and have value on the exchange.

I also see it this way, you have to make a distinction between projects that are performing miserably and projects that never intended to do anything else than to raise funds.

[GucciGangClub]

Scam is the biggest problem for the crypt and it seems to me that in the first place we should try to do something  in order for the crypt to develop.

[deadpool02]

Yes over the time lot many ICO's are proven to be scams. However, that does not mean that allICO's are scam or such a big percentage like 80%. To comment on such a view you should come up with facts and numbers. What is the source of your research? Does your research include all the ICO's since the beginning like ETH or just during the midterm like ICX or NEO.

[littleheart]

I recognize to you that 80% of ICO ventures have fizzled and that these undertakings are intended to catch financial specialists' cash straightforwardly or in a roundabout way. Activities can gain tremendous measures of capital, however designers don't influence guarantees to speculators and continuously to take away all the cash from financial specialists. Building up an item is hard and takes quite a while... offering and promoting it takes much more

[Tirdok]

now when the market is falling we really see that many coins have lost their value

[Nivelir]

The percentage of scam projects is really very large and today there are projects that spend money collections but already look like scam projects. I think that today many people have already learned to distinguish a scam from not scam projects.

[AlexInTheOcean]

Even more than 80% imho)

[bonyaserg]

I do not think so that 80% fraud. Based on my experience, I had a large number of projects. And I found almost no one bad. Maybe I'm lucky with good projects. And then I wish you success.

[GreenAnat]

Yes, unfortunately it is. Now we have to be very attentive to the choice of ICO. At a minimum, use specialized platforms and collect as much information as possible.

[lillyann]

It is sad that this is happening. Earlier as the project was created, it was often credible. It was easy to check if we would not be cheated. Now it's a question mark ...

[zero4five]

One of the cases of the scam is when the creators initially do not want anything other than raising funds.
There are cases when the creators for one reason or another come to the bench already as a result of the ICO or the subsequent work of the project.
In the first case, scammers knowingly do everything to get more and disappear more quickly. In the second, the possible losses of investors are connected with the creator's lack of will, with a quarrel within the team, with banal greed.

[Udrujec]

You are partly right, now everyone who is not lazy creates his own ICO. Someone has a really interesting promising projects, and someone just wants to make money a fraudulent way.

[Tahdayi]

Yes, a lot of divorce , I think you must be very good to monitor the projects , there are very few projects that even collect soft cap

[Successmaniac4]

Even now, the number of scam ICO'S that are in existence might be even more than 80%. We just have to be careful when investing in these ICO'S  or participating in their bounties.

[cryptman7777]

Yes, now scammers are actively using ICO projects for deception, This is a very big problem for investors and members of the bounty. There are a lot of projects, and it is difficult to immediately see the scammers.

[ladaturekova]

I can choose right words here because it is just awful, I can't belive that we have such great ptoblem with scams. I hope there will be the solution in the nearest future.

[SmartIphone]

One of the cases of the scam is when the creators initially do not want anything other than raising funds.
There are cases when the creators for one reason or another come to the bench already as a result of the ICO or the subsequent work of the project.
In the first case, scammers knowingly do everything to get more and disappear more quickly. In the second, the possible losses of investors are connected with the creator's lack of will, with a quarrel within the team, with banal greed.

80% is too much but I think you include here the projects that are late and that not respect their deadlines and distribute the funds to the bounty hunters very late and with a lower value of tokens.
But it's true that there is no regulations in the new ICOs that are being "invented" every day and the number of them is being increased exponentially.

[aileen393332xe5157]

ICO is the process of promoting and attracting investment capital for the project. There are many good ICOs and there are also many scams in the market. 80% is difficult to determine. That we can say that there are many scams ICO in the market. Therefore, investors need to study, consult and make the most accurate choices to invest.

[tuikindu01]

I think most ICO's are risky, and many projects that were meant to be fraudulent from the start are unavoidable for knowledgeable investors. While not all failed ICO's are scams, most of us think of them as scams because they can't get the job done.