80% of ICOs are Scams

[Leo]

You are correct though about it,  it's even more than 80% are scams,  I think there have to be a regulations to flush out this system,  there is some new methods of scam ICOs now it's called self drop ico,  that's another scam

[p.solovey]

Now is the worst time for investing in ico. Projects can not collect enough invested for the launch and the project is closed

[tazmannia]

Yes and Yes again. ICO now shows itself from a very bad side.Scammers are trying to make money on this, thus do not provide opportunities for the development of good projects. Many investors simply do not invest. You pay attention how many bounty extend, break terms. Why? the reason is in the title of your post.

[circlesseeker]

It was a good article. Thanks for sharing.

I'm wondering when the project that shared this article will be listed on an exchange...

[Zaibraid]

We cannot control the ICO growth rate. I also feel that there are many ICO foundations, this phenomenon is increasingly mushrooming and not followed by careful planning. I myself feel that this ICO will fail in the middle of the road. I only suggested to the ICO team to create ICO carefully because if the ICO is still premature, it will only bring losses. It is better to plan longer time but this ICO is successful than the ICO which is not yet ripe for the planning to be released, it will only cause losses and the work of the development team is also useless. We recommend that as a development team we also have to think long and not just follow the ambitions. Besides that, if this ICO fails then the one who gets the bad name as well as the development team and the development team will also get a red stamp. This will actually harm all parties.

[chienmluc2]

I do not think this data is accurate, maybe because I'm lucky. In my opinion there are 30% ICO are scams and 90% token/coins price down after ICO

[mark 4]

Sincerely most ICOs are scams but not all. We still have better projects, better ideas and innovations coming up through ICOs. The job of an investor therefore should be to look for a profitable ICO to invest in
 

[Ade A Aziz]

Sincerely most ICOs are scams but not all. We still have better projects, better ideas and innovations coming up through ICOs. The job of an investor therefore should be to look for a profitable ICO to invest in
 

Accuracy in the inspection is needed in the selection of ICO projects. There are still many ICO projects that are legit and can bring profits, provided they have to be careful in determining them.

[mountainskyman]

It must not  become that  time-consuming to discover a scam ico, just check the experts with their published profiles reliably and decide whether those look trustworthy.

[swartzias]

Well, that's a pretty hectic estimate. I assure you. I know how these calculations are made, he worked as an analyst. You should not believe them.

[Om George Kesurupan]

I guess not all ICO, there may be 80%. Because the number of ICO is now so much. Of course it will be more and more successful and indeed also the more that scam. The numbers are certainly 50:50

[cewekimut]

This is becoming a serious problem in the world of crypto is a project of the fraud. A lot of people who are currently experiencing disappointed because they lost money. There should be an agency that ICO project checked. In order for the participants to this bounty hunter or investors find it helpful, and can reduce a project's scam.

[SmithKline]

Of course not all ICO scams, at the moment I do not think so. although the situation is quite unhealthy.

[John Emst]

I would not say that. After all, there were companies that still continue to work well. And most importantly, many of the investors have good prospects for the future. So, that they exist. The main thing is to look good.

[cryptolord2077]

Yes, there are a lot of unsuccessful projects, just a lot of scam projects, but it's not 80%. Most of the projects simply can not raise funds.

[slavsole2017]

I do not think that most altcoins will disappear, because now there are always new ico, the airdrops are coming out, so that instead of the missing coins, thousands of new ones will appear.

[Godhand212]

Yes, there are a lot of scam projects now.  I advise you to be careful when choosing ICO.

[rtodor]

I do not want to speculate by mentioning that 80% of ico is a scam, because there are some altcoin projects that are also promising and have good fundamentals

Support. There can't be so many scams. Many projects lay low, waiting for favorable conditions, others have a delay in development or integration, and therefore investors turn away. After all, everyone is interested only in profit, not progress.

I also think that the scam projects is at least 2 times less.  It is necessary to spend time to find a good company with good developers and do not invest in the first company.

[Baimovic]

ICO is growing rapidly and it makes competition even tighter.
So I think the ICO is still good enough for investment, but we must be more careful in choosing it.
I am sure that everything that happens will make us better understand how to distinguish good and bad ICOs.

[silver23]

Yeah i know it, we all know about ICO scam.
I think this happened because price of mayor coin like Bitcoin and Ethereum in low price.
And Ethereum is basic blockchain called ERC20, so it is syncron with ICO fail.