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Author Topic: Why ICOs are great  (Read 803 times)
Nicolaus Copernicus (OP)
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June 02, 2018, 09:46:58 AM
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After development of bitcoin a lot of cryptocurrencies have been established and all the token is followed by the process of ICO. Through ICO many organizations are raising funds for different currencies also offering public bounty in exchange of their tokens.
I believe its a win win situation for both the participants and entrepreneur. At the start of ICO the token price are set at their lowest so there is a huge possibility of profits in investing on ICO. Moreover participants can get discount during the ICO period. 
What do you think about ICO.
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natsu01
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June 02, 2018, 09:54:17 AM
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ICOs are great because it is where and when the altcoins initialized or introduce their projects and platforms to the public audience.
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June 02, 2018, 10:02:22 AM
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Personally i Think they are great because investing just  became a lot easier and cheaper. We just have to pay attention to only invest in decent projects. i would say MVP and massive proof of competence or even a working business build off the sweat of the owner and team. Maybe then they should look for investors, and if the project is great LETS MAKE SOME MONEY Wink
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June 02, 2018, 10:20:24 AM
 #4

Well, I think, not all ICOs are great—maybe just some of them. To think that, a lot of ICOs are now—or turned be a scam.

Bottomline, ICOs are great and not great in their own visible and invisible ways.
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June 02, 2018, 10:21:09 AM
 #5

Personally i Think they are great because investing just  became a lot easier and cheaper...

Yeah, quite agree with you. That channel to raise fund is great.

Yet, not all ICOs are so great. Or, only a few of them will actualize the roadmap and become sucessful. Those help investors make money, and become "great". Others may be not so good or lucky enough will burn our investing money, and just become rubbish.

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June 02, 2018, 10:24:48 AM
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ico is one of the fundraising efforts to build applications related to Blockchain and its implementation,
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June 02, 2018, 10:26:41 AM
 #7

After development of bitcoin a lot of cryptocurrencies have been established and all the token is followed by the process of ICO. Through ICO many organizations are raising funds for different currencies also offering public bounty in exchange of their tokens.
I believe its a win win situation for both the participants and entrepreneur. At the start of ICO the token price are set at their lowest so there is a huge possibility of profits in investing on ICO. Moreover participants can get discount during the ICO period.  
What do you think about ICO.

Not all ICOs are great, most ICOs are scams.
Most the time when ICO is done and money is collected then the developer and development also disappeared over time. Most ICO don't even have exchange to trade these days.

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June 02, 2018, 10:33:51 AM
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well it depends on the ICO and team if you managed to shortlist a quality ICO then it will surely be great and you will get some good returns on investment but lately there are too many ICO's and unfortunately some shitcoin ICO's manage to get paid rankings on ICO tracking sites. But lately due to bear market even the good projects suffered heavily when they hit the exchanges and are trading below ICO price at the moment for example check out the stats on icodrops :https://icodrops.com/ico-stats/
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June 02, 2018, 10:36:39 AM
 #9

All of your statement are correct, majority of investors participates in ICO because of the bonuses and the big chance of earning profits, in fact during the launching to the exchanges, it will pump eventually, making them take their profits and pullout their investments, the major points of investing in the ICO is that nature of the project, and how good it can attract the early investors, if this happens that majority of the support are coming from the investors and community, then there is a big chance of the success of the ICO.

Little by little i understand the concept of having the ICO and how to make profits with it.
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June 02, 2018, 10:42:06 AM
 #10

After development of bitcoin a lot of cryptocurrencies have been established and all the token is followed by the process of ICO. Through ICO many organizations are raising funds for different currencies also offering public bounty in exchange of their tokens.
I believe its a win win situation for both the participants and entrepreneur. At the start of ICO the token price are set at their lowest so there is a huge possibility of profits in investing on ICO. Moreover participants can get discount during the ICO period. 
What do you think about ICO.
I don't really think it's that special. I mean, there are lots of services or goods nowadays which you can purchase at a lower price if you bought it before release (pre-sale / pre-order). The only difference would be that the thing you'd be purchasing with ICO will change its value, that's what's good about it.

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June 02, 2018, 10:45:30 AM
 #11

The decades-old, tried-and-true way for a technology company to raise cash: A company founder sells some of his or her ownership stake in exchange for money from a venture capitalist, who essentially believes that their new ownership will be worth more in the future than is the cash they spent now.
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June 02, 2018, 10:56:35 AM
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It's not easy to choose ICO to invest because most of all will be dumped after listing on Exchange after ICO. Only the best ICO projects will be pumped and will make big ROI. It's hard to predict which are the gems and make us rich Sad

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June 02, 2018, 10:59:18 AM
 #13

The question is how long will the ICO exist in crypto because most of them are just a copy-cat platform from other successful project, I know that competition are there but still originality is the best.

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June 02, 2018, 11:12:32 AM
 #14

Ico becomes an alternative introduction of a project, through ico we can see how much success the project is. And ico also can provide multiples benefits with a cheap price on its pre ico. But we need to be careful in choosing because not a few also ico are scam.

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June 02, 2018, 11:13:36 AM
 #15

ICO's are great but we need more regulations on it because there are many scam ICO's which are scamming people.

Proper research about project is necessary before investing in any project.
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June 02, 2018, 11:26:40 AM
 #16

After development of bitcoin a lot of cryptocurrencies have been established and all the token is followed by the process of ICO. Through ICO many organizations are raising funds for different currencies also offering public bounty in exchange of their tokens.
I believe its a win win situation for both the participants and entrepreneur. At the start of ICO the token price are set at their lowest so there is a huge possibility of profits in investing on ICO. Moreover participants can get discount during the ICO period. 
What do you think about ICO.
Yeah, I agree with you. It also a huge opportunity for beginners to learn about crypto and start their earnings from it. 
housebtc
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June 02, 2018, 11:33:21 AM
 #17

After development of bitcoin a lot of cryptocurrencies have been established and all the token is followed by the process of ICO. Through ICO many organizations are raising funds for different currencies also offering public bounty in exchange of their tokens.
I believe its a win win situation for both the participants and entrepreneur. At the start of ICO the token price are set at their lowest so there is a huge possibility of profits in investing on ICO. Moreover participants can get discount during the ICO period. 
What do you think about ICO.

I do agree with your conclusion that it is a win-win situation for both parties but what I don't agree with is the premiss. The reason why most of these people are trying to raise fund through ICO is because it is an easy route to get funded, how many VCs would give some of these project $5 million for not having any product.
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June 02, 2018, 11:34:10 AM
 #18

Yes, ICO is good for everyone, but now there are so many bad ICO and investors are afraid to wet in the early stages. Look, now you can buy tokens on the exchange cheaper than they were on the ICO.
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June 02, 2018, 11:45:46 AM
 #19

Just to let you know, thousands of ICO's are popping like a mushroom and only 10% of them were successful. Some ICO's were just created for the purpose of just raising a fund and at the end, they're gonna run the money they are after for. For that instances, only few ICO's are great. It also not beneficial for the  participants.  If the ICO they have joined in was a scam and just a shitcoin. Or didn't just entered an exchange, so it's useless.
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June 02, 2018, 01:41:15 PM
 #20

ICOs have definitely helped to galvanise the crypto industry and bring people into it. It's offered a way for talented people to gain access to funds to develop the platforms needed to make crypto more mainstream without needing to go through corporation or investment funds, which for your everyday person is a challenge.
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