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Author Topic: There are too many ICO, why?  (Read 3065 times)
jademaxsuy (OP)
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May 02, 2018, 01:45:10 AM
 #1

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.
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Tactical Genius
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May 02, 2018, 01:55:14 AM
 #2

The point is that everyone is joining the ICO craze as it is one of the easiest ways to raise money to support a project.However,the number isnt the problem as every market ranging from stocks to cryptos is always highly competitive and so encourages the best out of projects so that people can invest in them.The problem is however blindly investing in a project which may be a scam.so it is imperative people do enough due diligence before investing in any project.It is also a fact that most of these projects are nice on whitepaper but will fail along the line a major reason why investors should be extracareful.

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May 02, 2018, 03:37:24 AM
 #3

Probably because many current projects are scam therefore many new ICO’s are emerging so that not everyone is confused to invest in ICO let alone A large number of ICO will increase the chances of ICO to fail and many people who invest in Crypto with long-term
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May 02, 2018, 03:41:11 AM
 #4

indeed more and more ICO is there. But I think this is a tremendous improvement in the field of cryptocurrency. I myself also got overwhelmed to choose a good ICO to follow. Surely with more choices, we also have to be more selective. and do not carelessly join ICO project. must make sure first that the ICO project is really a path and potential for success.

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May 02, 2018, 03:42:18 AM
 #5

Everybody is trying to get a piece of the pie and this should act as a warning to you don't follow any ICO carelessly.first investigate and then invest.
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May 02, 2018, 03:45:59 AM
 #6

Because of the popularity of crypto currency crypto new user has an incresse. Companies take this advantage to have a touch in crypto through making a platform. Almost everyday there is an new born ICO and you had point, it can cause failure od an ICO. In the otherside its good that crypto is becoming powerfull world wide. So if a company tries to have platform may the best project win. Plan carefully loom the advantage and disadvantage of their platform and decide some changes to be more stronger and unique
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May 02, 2018, 04:07:27 AM
 #7

With so many new coins emerging, thousands of Blockchain based projects are also mushrooming, but according to their analysts there will be many coins or tokens that will die or not succeed with their ico. The reappraisal to the because community who chose ICO is the community. They just take the fame of a system to earn money.

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May 02, 2018, 04:13:57 AM
 #8

It's because the result is good? I mean, if the project owner has a damn good project and needs investor to invest his project, ICO is the easiest way to get investor. As you can see there are many projects that gain many investor by using ICO. Also there are many news about successful ICO, so other people want do that too.
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May 02, 2018, 04:17:03 AM
 #9

I think the founders are thinking that the Crypto market is a trend, calling for capital is quite easy and not many companies compete too much.
I think they know the potential of the Crypto market, this is a long-term market and there will be a lot of people investing in this market. So they want to create a company to have a large capital to operate.

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May 02, 2018, 04:23:34 AM
 #10

Yes there are too many ICO's on the way.

Only those project will remain in market which will comes up with real usercase and prodcut.
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May 02, 2018, 04:26:03 AM
Last edit: June 17, 2018, 12:54:59 PM by Hanebel
 #11

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.
I get your point but I think you miss something. You were considering the number of ICO investors to be constant while the ICO projects grow each day. It's not the thing. They may not be that proportional but as ICO projects grow, the number of people entering the cryptoworld is also increasing each day who can be the potential ICO investors. So as long as the project is good and trustworthy, we don't have to worry 'cause it will surely raise enough funds.
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May 02, 2018, 04:31:15 AM
 #12

Yes there are too many ICO's on the way.

Only those project will remain in market which will comes up with real usercase and prodcut.

That's why we have to be wise enough in choosing what project to invest.
Since there are a lot of scams, we have to be more careful, this is to ensure that our investment will not be lose
and we can only put our money on project that have a real future potential.

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May 02, 2018, 04:35:27 AM
 #13

There are too many people who saw the potential for gaining from ICOs in comparison to a more usual and traditional way of selling products or services. They found out that through ICOs that uses cryptocurrencies they could become a borderless store or any other forms of income generating businesses. Imagine if you have a bank in your locality that could become a world bank using cryptocurrencies.
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May 02, 2018, 04:39:09 AM
 #14

lot of ico's coming but most are scams. i still believe they are more untouched areas of decentralized market. soon there will be more ico's.

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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May 02, 2018, 04:39:16 AM
 #15

Quote
There are too many ICO, why?
Pajeet make 100,000,000,000 coins. Pajeet sell 1 coin for $1 to hes brother Pansun Now we have $100,000,000,000 capitalisation. WOW!!!

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May 02, 2018, 04:46:15 AM
 #16

phenomeno crypto is very rocketing and popular in recent years. many people or entrepreneurs want to try new things and want to solve the problems that are often encountered in everyday life. they compete to create a new one, try to be the best and hope to attract the attention of people or investors.

there are serious developers, really want to create problem solvers and want to be a useful product for everyone. but there are also developers who are purely only thinking about business and money alone.
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May 02, 2018, 04:47:11 AM
 #17

I think it is good signal Cheesy
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May 02, 2018, 05:09:29 AM
 #18

of course, every company wants to get results with what they are doing. many of the ICO because too many companies that run and see the potential crypto as one great place. so the only reasonable if much ICO popping up and competition will certainly more and more.

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May 02, 2018, 05:20:09 AM
 #19

I think a lot of ico come but most are scams. I still believe that they are a more untouched area of ​​a decentralized market. soon there will be more ico.
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May 02, 2018, 05:21:46 AM
 #20

There are too many ICOs in the market in 2018, and more than 80% of them are non-potential ICOs. So I hope in 2019, and then the number of ICOs will go down and need control over the ICO projects because recently there are many fraudulent MLM projects launched to steal the money of investors. If the number of ICOs is limited, the risk ratio will also be significantly reduced.

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