There are too many ICO, why?

[daxiake]

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.

why there are too many ICO?
Its because everyone can launch his ICO (thanks to Ethereum blockchain),  there is no central body that can stop someone from launching his ICO.

A great number of ICO's will increase the chance of the ICO's to fail.
ICO history is filled with so many scams and fraud. No one can safeguard your investment in ICO except you. Do proper research before you invest in any ICO.

[kiki52]

yah many new ICO come out have new product and project. i think that is a good think because make crypto still alive and having future for trader and investment. they make new ICO because they want success like coin on market. its all about money.

[Escf4]

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.

This is the reason why there too many ICOs, because ,this ICOs are also trying to get investors into their projects, so they offer this token sale with some discounts if you buy this tokens in required quantity, so for the investors and customers for they said be careful in choosing this ICOs, so that you will not be a victim of scams.

[Skippy12]

ICO's now is like the internet bubble, when many '.com' sites suddenly appear and pop. Expect more ico's to come this quarter. Most of them are scam, just do your research before engaging in an ICO, many social/article platform you can check first before you participate in ICO.

[Iniya]

It's simply the real gold fever has begun for cryptocurrency now. Everybody knows that they'd better hurry up with their projects because investors reserves are not endless. All want to catch the train.

[Lerosaeyan6]

Because I know with a lot of ICO you have to be careful  with investing in ICO project because I know now that many ICO scam so with many ICO we have to be careful, but I see many people who prefer to invest in cryptocurrency in comparison with ICO project

[mullzerwar]

Yes, now we will discover so many ICOs. The development of crypto technology is currently very high. Many more teams offer the ICO with the various concept. The generous ICO numbers are based on the needs of many parties related to concept offered, investment growth, and many others.

[sebastianweyer655@gmail.c]

Easiest way for a start up to raise money, they don't even have to give away equity.

[stefven]

you're right, now there are so many ICO's . and the competition between projects is increasingly fierce. therefore the project must have their own advantages to make investors are interested to join it. if the ICO is a good surely many investors will join the project.

[lovemsngr]

I think that this is quite normal because the number of users is growing, the number of investors in ICO projects is growing as well and this is attracting interest to this topic.

[AlenDel]

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[coinic]

There are many but not too many. This way you can choose the one that you like best and do a proper research among all the offers out there. I think is good as it is.

They develop any kind of projects to support this forum and help the beginners to earned good profit of the ICO's. This kind of project is most useful because we can take some knowledge,and most of all we are keen to learned new things.

[Taki]

The first reason why would be -  it is the greatest opportunity to start the new business without taking loans in a bank and so on.  Other reason would be, by my opinion, to collect money from people and disappear, because of there is no control on ICOs and they are actually do not response in front of the government and investors.

[Kunlejoe0]

We need as many ICO as possible in this new token economy. We all know that many ICO will not even taken off let alone be able to raise fund. Those that raise fund may not be able to develop their project to a point of viable project. At end however, better project will emerge and become a good addition to problem  solving innovation.

[sniveel]

Yeah theres too many ICO comes up somewhere and each of them have different purposes because some ICO projects make a competetive scene in a cryptoworld maybe they showed because they wanted to achieve more than some ICO project.

[edynolan]

I would say that recently ICO has become even less than usual, because many campaigns refuse to conduct it because of its non-effectiveness.

[MasterNodes.Cash]

It became increasingly easy to launch an ICO, that's why there are so many of them. People are trying to earn millions by piggybacking on the crypto trend..and you can't really blame them. Whip out a webpage, hire a copywriter for the whitepaper, add some team members, pay a few advisors and you got yourself an ICO that has potential to earn millions. But people have become smarter..and ICOs are having a hard time reaching caps as most of them turn out to be scams or just plain bad. Good ICOs will, however, continue to raise millions, and rightly so.

[Lykiayng]

The more new ICO, the easier it will be to make a choice of cryptocurrency, on which you will earn a lot of money.

[Gabteb]

Its normal proces becouse market is rising more people come to Blockchain and start to use them so we see many ICO es everyday yep some of them are scam but anyway.

[UnlimitedMoneymaker]

Do not think that the appearance of more projects is just bad. Now there is a large selection of really standing ICO and experienced investors are able to distinguish them from the scam.