myhoho
Legendary
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Activity: 1162
Merit: 1008
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July 13, 2018, 04:13:36 PM |
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some of them are scammers and some of them failed cause of wrong marketing strategy. They cut the marketing budget so they get less investors.
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GeniusAko
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July 13, 2018, 04:15:52 PM |
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have being studying some ico this year they are failing , what are the causes of there failure
The reason why there are ICOs that are failing is because of the team behind the project are not solid. Investors wants that the team behind the project are solid and have good educational background. The product of the ICO is the most important thing and it is the main reason why the investors are making investment.
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ArgentZykov84
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Activity: 65
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July 13, 2018, 04:47:08 PM |
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Some ICOs have failed because sometimes the marketing strategy is weak, they have not progressed well, and perhaps the product is not attractive to customers or the idea is not strong enough.
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aghedo1
Newbie
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July 13, 2018, 04:48:01 PM |
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Poor product development,poor marketing and poor business idea
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Msile
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July 13, 2018, 05:16:06 PM |
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In the last two years the crypto market has been going through an ICO bubble. And this bubble is just about to pop due to it reaching unsustainable levels. ICO projects with not much to show case are being valued at hundreds of millions of dollars not to mention these projects having incompetent devs.
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bristlefront
Member
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Activity: 225
Merit: 10
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July 13, 2018, 05:20:16 PM |
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have being studying some ico this year they are failing , what are the causes of there failure
Sometimes there are too many competitors that make a certain low ICO profile lose its confidence to level itself to those who are giants (high profile ICO) that leads to its altcoin to get dumped and forget forever. Some are only a scam and only intend to scam people from the start and couldn't care less if their ICO failed as long they stole the investors money investment. Also, the team is not solid enough to make the project good enough for the consumers. There are many reasons I just stated a few and go find it yourself why do they failed.
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suride212
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Activity: 448
Merit: 10
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July 13, 2018, 06:45:21 PM |
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Some ICO fails because of the team and advisors behind it.
also because of bad market strategy,vision, mission, project and market conditions are also very influential
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sheamus10
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July 13, 2018, 10:56:54 PM |
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Maybe the ico project is not good enough to affect the sales results, because every ico must have a sales target that is hardcap. But many ico who have different problems different, but most importantly it is the sale of ico.
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X - Mas
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July 13, 2018, 11:09:25 PM |
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have being studying some ico this year they are failing , what are the causes of there failure
because the market capitalizations of cryptocurrency is falling now and a lot of ICO project have the same idea like the past one, without bring new features or new tech i think this is the main causes then, the project didn't collected have enough money to develop the project
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jvper
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July 13, 2018, 11:11:10 PM |
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because they were never meant to succeed long term
once they have your btc
they start a new one
starting to get it now
This is very important to notice. Even non-ICO projects such as Steem saw their founder (Dan Larimer) flee to another project (EOS) before finishing Steem.
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Catorabu
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July 13, 2018, 11:18:58 PM |
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More and more ICOs fail and will fail since their "utility" tokens is not interesting to the mass.
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stimliall
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July 13, 2018, 11:23:09 PM |
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I have to say that the main goal of most ICOs is to swindle money. Before we joined ICO, there were a lot of things to consider and some research was needed. No matter how much time you spend, you should always read the white paper because you can intuitively feel the team behind the white paper from the white paper. Although in the end, we are all taking risks, but it is better to be able to do more homework and reduce some risks.
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West0813
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July 13, 2018, 11:23:49 PM |
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I think some ico failed because of lack of support of crypto community. And the team behind ico's should do tremendous job in promoting the ICO so that the ico will become successful.
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Jamescur
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July 13, 2018, 11:24:22 PM |
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There are many factors that affect the success of the project / ICO. I would like to say that if the ICO team does not have any fame in the relevant community, or if they have no experience with blockchain projects (consultant or development) in the past, then this ICO is only left. Under packaging and advertising marketing.
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capableuwa1
Copper Member
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July 14, 2018, 06:24:18 AM |
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YES! Most ICO these days fail and could not live up to expectations reasons because the originating countries of the team behind such project have a legal rules and regulations against cryptocurrencies. I once participated in such ICO where at the end the team stopped with the project because some such rules and regulations. Similarly most ICO fails because of lack of investors and this is dues to insufficient marketing. The marketing team refuse to do their works, this make it difficult for investors to act and key into the projects.
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luckybanker
Jr. Member
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July 14, 2018, 07:05:03 AM |
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have being studying some ico this year they are failing , what are the causes of there failure
I think its because of the bear market. Most people who are prospect buyer in exchanges are afraid to invest in cryptocurrencies as the moment. They are the same people last year who are newbies and lose a lot when the market went down big. In addition, those who have acquired cryptos from bounties and airdrop and those who have bought in the private sales( family and friends of dev team) and pre-sales will dump their holdings for easy profit. Huge supply versus less demand equals failure. This is just my opinion though.
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Innercore Infrastructure Platform for Decentralized Applications(DApps) https://innercore.network
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sikko
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July 14, 2018, 07:06:47 AM |
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every day, thousands of people come out because of them, a lot of trickery projects can come out. Very careful to be able to choose the real project should be the first target.
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papa-tata
Jr. Member
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July 14, 2018, 07:10:59 AM |
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many things can cause ico failure. the most important thing the form of their project promotion is less interesting. so the investment effect of the investors is less, making it difficult to achieve their caps.
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@prashant
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July 14, 2018, 07:17:47 AM |
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Majority of project have same idea but don't have knowledge to take it to next level and I have seen many ico who have just introduce blockchain to current widely used project and make it own hence their ico fail.sometime big holders of that respective coin cash out hence great dump create fud ,thus lead project to dismantle.
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TraiKH
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July 14, 2018, 07:21:57 AM |
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A lot of reasons. But in my opinion the most important reason is that they are not really ready for this new blockchain industry. They are almost inexperienced, hasty or have no idea about building a development organization (including advertising, partner search, community expansion, etc). -> lost faith from the community and investors. That means failure.
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