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Author Topic: There are too many ICO, why?  (Read 3065 times)
Cryptoboss255
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May 21, 2018, 11:30:06 AM
 #81

You really have a point here . but remember all the project are not same. Each got there own unique feature

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zhaviabieber405
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May 21, 2018, 11:31:33 AM
 #82

Just the easiest way for a company to raise cash or to scam lol.
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May 21, 2018, 11:34:05 AM
 #83

There are not too many ICO-s out there. Start-ups are founded everywhere around the world, many of them just getting realize that raising fund through crypto is the best way, instead of capitals.
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May 21, 2018, 11:35:05 AM
 #84

this happens at least because the market is growing and becoming more popular every day. everyone wants to realize their idea
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May 21, 2018, 11:40:49 AM
 #85

this happens at least because the market is growing and becoming more popular every day. everyone wants to realize their idea
It's true that you say with a lot of ICO indirectly the world of cryptocurrency experienced rapid development,
and with so many ICOs it will create a good competition

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Orrechorre
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May 21, 2018, 11:43:52 AM
 #86

There are many icos now because everybody wants to make profit irrespective of how it come, nobody wants to be pushed around, everyone wants to become their own boss and be in control thereby leaving their loyalty and then result to anything that can fetch them money. If only people can take time to bring up a very good project, get good and sincere manager and team members and also try to leave their selfish mind, then, ico will really worth investing in. The rate of sacm is so much and that make it difficult to convine yourself of investing in one because nobody wants to be a victim of scam. We can all join hand and work together to eliminate some if not all bad projects and support the d good ones.
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May 21, 2018, 11:47:24 AM
 #87

ICO brings a lot of money. It also attracts scammers, so this market is very large and continues to grow successfully

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May 21, 2018, 11:56:09 AM
 #88

you exaggerate, there aren't many. the fact that projects appear every day is very, very cool. it seems to me that in the future such a number of new projects will have a significant impact on our lives in all areas
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May 21, 2018, 12:05:51 PM
 #89

I am glad of such diversity. I think it's very cool, because it means that the market is growing and you can always be a winner from this

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May 21, 2018, 12:09:43 PM
 #90

One of the major reasons for the explosion in ICOs is that it is an easier way for companies to raise money.The unregulated nature of crypto is both good and bad. Good in the sense: it is not centralized. Bad in the sense :no vetting process ...  anyone can launch an ICO. Consequently, we see scam projects like bitconnect and countless others... Just have look into https://www.tokendata.io/ and see how many ico's failed recently
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May 21, 2018, 12:15:50 PM
 #91

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.
We have to admit it that ICO is the best way of making money out of nothing. Just present a concept of a project and team members then you are good to go. Sadly ICO is just a milking cow for scammers who take advantage of the anonymity of cryptocurrency.
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May 21, 2018, 12:18:20 PM
 #92

Because the number of investors are increasing very quickly while all ICO project has it own hardcap so 1 or 2 ICO project are not enough for all investors to invest in Smiley). It's the main reason why the number of ICO project also increase the same like the number of ICO investors Smiley. Is it easy for you guys to understand?


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May 21, 2018, 12:18:48 PM
 #93

The more ICOs there are the better. It means more and more people are coming out with clever projects that will revolutionize the world. Just do your research first to determine which projects will really solve real world everyday problems. They are the good projects to invest in. Best one yet is Trufield. Check us out at Trufield.con
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May 21, 2018, 12:20:39 PM
 #94

Because people will have great ideas in their own perspective including scams or intentions of gaining something by taking advantage of other people’s innocence in this world. But who know some might just want to give it a try.
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May 21, 2018, 12:21:18 PM
 #95

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.

Investors and supporters are now wise, I'm sure they have their own criteria what kind of Ico they are going to choose, we have so many investors in the ICO now, because they are diversifying their portfolio, I'm sure that they will invest in the right ICO even if there are a lot of ICO IN THE SEA


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May 21, 2018, 12:24:33 PM
 #96

Best way to raise money and also the easiest to rob you.
I feel that spirit of ICO is already spoiled by frauders and I personally don't want to have anything with them. I'd better look for coins
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May 21, 2018, 12:33:12 PM
 #97

One of the major reasons is to raise money, sometimes for their own good which is "to scam investors" and to join the the continuous upward trend of cryptocurrency. ICO is crowdfunding mechanism, using their own idea to help for the improvement of the blockchain technology to attract many entrepreneurs presenting their ideas to the masses and having them fund projects they believed in.
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May 21, 2018, 12:38:59 PM
 #98

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.
We can not avoid the growth of many ICOs because this is the best way to collect fund for their respective project that want to come to succeed. And of course this is the very reason why investing in ICO is at high risk because some are scam, some is not successful though not scam but wasn't able to rich the soft cap. So we as an investor should really be very careful in trusting our money to the team of the project.
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May 21, 2018, 12:59:34 PM
 #99

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
I like your turning point, you all correctly said "demand generates a proposal". But we really do offer a lot of fraudulent projects. You need to be careful not to fall victim to fraudsters and not invest in their project.

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May 21, 2018, 01:05:40 PM
 #100

People are gradually returning to rationality, and people are not investing in ICO projects as blindly as before.
So in general this is good for the long-term development of the whole market.

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