There are too many ICO, why?

[cryptoenterprise]

If we as investors learn to separate the strong legitimate projects from all the scammers out there then what does it matter how many ICOs there are. Slowly the community will cast the junk aside.

[hajimasan]

I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.

In actual in this field every one is independent to do work and also everyone can develop his own coin , that why lots of people are trying to implement his own idea in this field and trying Thier best , here I myself in this field looking it as a lot of competitors because here every field and category of bitcoin field is full of competition and here right now ICOs are entering in full competition mode  and as usual we know that in a competition only few will be top and rest of them will get back and few of them get midway success .
So here is will say that go with the perfect one looking and don't get into garbage like things and do work in every field to make perfect earnings .

[matico]

ICO are suppose to be many because each ICO projects addresses a unique program that should be improve upon. There are many field of endavour that need the efficiency of blockchain and the tech of cryptocurrency.  We need even more ICO, who knows which of tge ICO will radically change our world.

[BertoloyBTC]

There are too many ICOs launched because there are so many projects being introduced to digital world, they are introducing the different platforms of their different ICO projects, this is to know if customers , the people, and the investors would like to invest in their projects, that is why there are many ICOs circulating in the net .

[vaso11]

I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.

So there are many projects, but you need to understand that 90 of them are completely nonsense, and this situation in many markets, not only on the cryptocurrency. We only need to adjust to the situation and study the projects better

[markk94]

Well, this ICOs already booming out there for the many of "kickstart" or new organization that need fund to accomplish their own project that you said interesting at first point. i am sure about everyone want to develop their own project, some of them have quality project that if they make it to near future it will become life changing type of project. in this forum, where anyone could create any post/ thread related to ICOs and settle some bounty out of it too, must have some good quality to attract others investor that lurking like us. it is challange or competition for them to accomplish fund phase in this forum to spread the news, they need some kind of attractive title and having good vision and community could help them to reach its "attraction" to the investor too. conclusion of my post is for them, the ICOs owner and dev should do their best to attract many investor to their project. and it is the challange for them. that's my opinion for this matter  #CMIIW

[Bttzed03]

Probably because there are many developers who want to start their own project. It maybe overwhelming to most but it is how it is. It will just depend on the investors to choose which one to put their money into.

[kamudd]

at this moment the new ICO keeps popping up and it's very swift like rain, and some of them are just scams that give a convincing false promise. it made many investors interested in investing and leaving behind the real ICO. I think ICO is currently a shortcut for fraudsters to get a lot of profits.

[deevan]

As everybody knows the Blockchain technology is a new invention, Now mostly every business are shifting their project based on blockchain & offers people to support & invest in their project. If they don't keep their business up to as per new technology then eventually their business will be concluded. You have to adopt new technology time-to-time to stay in the market and to run your business successfully, as users are most interested in blockchain tech so you sell what the users demand. Regarding rising in ICO from 2017 is something new that has happened, it is obvious there will be competitors in every field. Just look around yourself practically and you will notice there are many businesses not based on blockchain having the same product, for example, there are more than 100+ companies that make cold drinks and sell in the market the one will win who have more customers, having a good taste. So if there are many ICO having same product, winner will be the only one who offers good product & reliable service to the users, other will fail.

Take another example there is more than 3+ telecom operator in one country that offers voice+data services to their customers, the users will use the operator that have reliable & cheap service. And all the operators will also be listed on stock exchange and many investors having their shares in it. So you will find competitors in every field.

Another example Samsung Vs. iPhone. Nokia failed after these two giants offered smartphones to users worldwide.

[aelinsleague]

As everybody knows the Blockchain technology is a new invention, Now mostly every business are shifting their project based on blockchain & offers people to support & invest in their project. If they don't keep their business up to as per new technology then eventually their business will be concluded. You have to adopt new technology time-to-time to stay in the market and to run your business successfully, as users are most interested in blockchain tech so you sell what the users demand. Regarding rising in ICO from 2017 is something new that has happened, it is obvious there will be competitors in every field. Just look around yourself practically and you will notice there are many businesses not based on blockchain having the same product, for example, there are more than 100+ companies that make cold drinks and sell in the market the one will win who have more customers, having a good taste. So if there are many ICO having same product, winner will be the only one who offers good product & reliable service to the users, other will fail.

Take another example there is more than 3+ telecom operator in one country that offers voice+data services to their customers, the users will use the operator that have reliable & cheap service. And all the operators will also be listed on stock exchange and many investors having their shares in it. So you will find competitors in every field.

Another example Samsung Vs. iPhone. Nokia failed after these two giants offered smartphones to users worldwide.

Yes there's the revolutionary part but lets face it, most ICOs are scam not that they failed in the middle but it was meant to be a scam in the first place.

[deevan]

~snip

Yes there's the revolutionary part but lets face it, most ICOs are scam not that they failed in the middle but it was meant to be a scam in the first place.

Yes, that is why the ICO's must be regulated & here the role of SEC comes in. Every team must get the license from the state to start their project based on blockchain & to offer ICO to the public to make sure they won't scam anyone, same as people doing to get the license from the government of that country they intend to run their startup business in.

[alexhunter54]

Because everybody understand that people dont check anything when they invest to icos, a lot of people invest in scam icos and this is reason why all people decide to make scam with icos..

[deepali01]

 Yes there are too many ICO's on the way but Only those project will remain in market which will comes up with real usercase and product !!

[nerove]

There is many icos because before that all startupers tried normal crowdsale and now they moved to crypto ico, because here are a lot of investors and money.

[demonist]

Cryptocurrency is now a popular talk about it everywhere. Cryptocurrency is a wide field that is still developing, an a lot of new ideas are coming up each day, ICOs are on the rise to help raise funds for these projects. ICOs are the only way to solicit funds from the public. Unfortunately, ICOs have been used to raise funds for none existent projects or ones that have turned out to scams.

[neymarjunior50]

I think its main reason is the demand of crypto and popularity of the crypto thats why so many ICO in the market. everyday new ico coming in the market but not all are the succeed only good project will be stay here .

[nesso]

all projects need investment. so there is a lot of ico made to collect money. a project that has a successful ico process can collect a huge amount of money and if the project is successful both the first investors and the team members can make a big money

[f1rstalex]

I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.

because a lot of greedy people, and cryptoworld and ICO is the best and easiest way to deceive people at this stage.

[senopratama]

Crypto is already becoming very large. this excuse ICO comes as surely many who also want to get the same results from ICO, start from there, then comes up with different concepts that ICO exist in order to attract investors. But even though so many people also utilize the ICO for improper things done by the purpose for their personal results without having to make an effort.

[cryptomanspbmgdn]

because people want to invest a little in earn a lot. and as they say "there is a demand, there will be a supply"only supply is basically scam