There are too many ICO, why?

[aces777]

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.

Human greed that is why, the people who are doing the icos right now know that there is no way that the coins that they are putting into the market are useful and yet they are making the new coins because they know that there is a lot of money that can be made from making their own coins that is why they do it. With time people will stop investing in icos

[martina14]

Why is there too many ICO?
Some people creating ICO because they want to scam people and run with the money.
Some groups want to establish a great project by funding it through COIN OFFERING.
Some are just wanting to have their own and leave it hanging.

[JohnMacZeppelin]

Most of all these wonderful projects are just an illusion, because all these are just words and nothing more, so today many investors simply exit cryptocurrency because they don’t believe in them.

[hanomnom]

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.

Each new ICO project is a new idea. I am sure that over time there will be fewer projects and we will be content with a small number. But now everything is as it should not think that it is possible to change something

[Moxivuki]

If ICO can successfully raise enough funds, its organizers will become rich overnight, which is why many people choose to create crypto instead of buying it!

[Question123]

More ICO now are still running even the market is really down and people still investing to a lot of ICO even that is scam or become failed. I hope someday or in the future once they have a lot of ICO that will become legit and become successful.

[sidodadii]

many people want to make income from crypto, from ico. sometimes they create this ico just for they are. dont care about their product will be useful or not. the positive is, they want to develop think from previous token or coin. so, they want to compete with precursor to show that their product is great

[SvetikB]

Do you think it is really that much? Have you ever thought about how many project appears and die in the real life? So many businesses! And for ICO it`s just a beginning

[Gyromancer]

The number of ICO is like a mushrooming phenomenon. The ICO brings many advantages if we can attract as many investors as we can and reach hardcap. This is what makes many crypto currency players to make an ICO-based business project by looking for investors from crypto currency players. The advantages of ICO are very tempting than real work that produces a lot of sweat. That's why many new developers emerged to be able to join the ICO arena. But we must be careful because there are many ICOs that are only fake ICO or scam so we must be smart in choosing an ICO.

[Successv]

With the help of ICO, it’s pretty easy to raise funds for the promotion of your project, which is why there are so many of them.  everyone has something to offer!

[emma46]

Because they also want to create their own names in their own platform,
There are different types of platforms that is why there are also plenty of ICO's every team wants to prove their self.

[syypro]

Now there are so many ICOs because of the great popularity of blockchain technology. And having developed your ICO project there is an opportunity to make a good investment much higher than if you were collecting money in the real world.

[cryptonewsID]

ICO is a source of income for every investor or bounty hunter, and will continue and more ICO projects will emerge, and many ICO SCAMs, and we must be able to choose ICO that is good for us to do.

[desticy]

Because the greed of people encourages all the same to create something new and today this is what we call new projects, today it is a good opportunity for cryptocurrency and investors, but the most important thing is not to get scammers.

Here, after all, not only greed, it seems to me much more projects are created on the banal desire to earn. A crypto market and PPI provide a unique opportunity for this. Now it has become not so easy as it was before, but why not take the risk, because in case of success you can earn very well. This is the way most of the next coin-creating projects think.

[Ellionise]

Most of these ico scams, and they are not going to build a product and a project but just want to make money and dump, because of this and a lot of ico, if there were honest ico , there would be very few of them

[Homeless_Victim]

The venture capital firms are the main source of the ICO problem.

Link:
https://bitcointalk.org/index.php?topic=5076864.msg48341352#msg48341352

[ZEIIMAN]

Regardless of the number of ICO, a great project will still collect its hardcap. And judging by your logic, all projects should be equally successful, and investors should have the same amount of money. Then such an outcome is possible.

[Golstrim]

Simple. people tried to catch crypto trend and as a result created different ICOs.
They don't need to make valuable product and that's why they simply raise funds with ICOs and go away with money

[swordling143]

There are so many ICO's and most of them are scam,
I think since HYIP's and Ponzi Schemes sites doesn't work anymore the creators of those sites move to creating fake ICO's to scam people.

[nerlial]

Because ICO do not control. This is a scammer's paradise. So be careful when choosing ICO.