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why some ico failed
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Topic: why some ico failed (Read 2640 times)
Fappanu
Sr. Member
Offline
Activity: 1111
Merit: 255
Re: why some ico failed
July 19, 2018, 06:20:41 PM
#821
Many of these ICOs are becoming increasingly failing, especially since the start of December because of the huge dumps now in ETHEREUM AND BTC! It's definitely a big loss to the campaign fund and that's why today their tokens are out of progress because of lack of funds. It is difficult but those who invest in these ICOs need to suffer and be patient to regain the investment.
SoulMustDie
Newbie
Offline
Activity: 9
Merit: 0
Re: why some ico failed
July 19, 2018, 06:25:23 PM
#822
Most projects have no prospects in the long term.
In addition, there are many scam projects on the market designed to deceive users by stealing money from ICO
irenegaming
Full Member
Offline
Activity: 476
Merit: 102
Kuvacash.com
Re: why some ico failed
July 19, 2018, 06:27:03 PM
#823
Quote from: cryptohunter on June 04, 2018, 09:03:17 PM
because they were never meant to succeed long term
once they have your btc
they start a new one
starting to get it now
Exactly. Most of the ICOs are launched just to grab as much money as possible from noobs and than disappear once they have collected the funds. More than 90% of the ICOs started in the last few years have already failed or exit scammed. Going by this statistic I wouldn't trust ICOs and invest in them.
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obility
Newbie
Offline
Activity: 140
Merit: 0
Re: why some ico failed
July 19, 2018, 06:38:02 PM
#824
Quote from: cryptohunter on June 04, 2018, 09:03:17 PM
because they were never meant to succeed long term
once they have your btc
they start a new one
starting to get it now
You are right dude, sometime if you look at the project some people are trying to build, you keep asking your self question why it is needed, it's obvious that once they get ICO money, they will join another project as an advisor.
TonyFat
Full Member
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Activity: 448
Merit: 101
Re: why some ico failed
July 19, 2018, 06:40:20 PM
#825
I can not know for sure, but I think that the reason for their failures is in a bad idea, it will be more accurate to say not a bad one but just not interesting for people.
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Dblue
Newbie
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Activity: 130
Merit: 0
Re: why some ico failed
July 20, 2018, 08:29:33 AM
#826
A lot of these ICOs are failing cos majority of them were scams from the get-go and there were not meant to survive the market in the first place. A lot of the other ICOs are failing cos of poor strategies, the bad name other scam ICOs are giving to new ICOs, Insufficiency from the managers or creators of the ICOs and other reasons whatsoever. Plus the market condition isn't really favorable right now.
Ceyebrity
Newbie
Offline
Activity: 103
Merit: 0
Re: why some ico failed
July 20, 2018, 08:34:21 AM
#827
Some don't really have good interest of people at heart. They are only after their money
poktur
Jr. Member
Offline
Activity: 238
Merit: 1
GIGZI - INDEPENDENT WEALTH MANAGEMENT
Re: why some ico failed
July 20, 2018, 08:39:28 AM
#828
If you take into account this year, then 50/50, some companies are scammers, others are just unsuccessful projects!
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Jaggi90
Copper Member
Newbie
Offline
Activity: 476
Merit: 0
Re: why some ico failed
July 20, 2018, 11:52:58 AM
#829
Sometimes the nature and motive of project is not planned. Strategy keeps on changing and in last , that project fails. The team should have versatile functioning. If they remain fixed to their planned activities , they may fail.
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