Are Ico Projects Solving Problems Of Humanity?

[Abal Abal]

I do not know it's good or not, so far I have never seen the real with my own eyes will run ico project they go to.

[Furious 7]

I'm not sure, but every project has a roadmap. The team has a big responsibility for realizing every one to run well.
but there are still many scam ICOs, they just need money and eventually leave.

[Kakmakr]

              The long time vision of almost all ICO projects' main aim is to provide solutions to some of the problems  facing humanity in the area of health, education  etc. Despite this main motive of most projects, most  tokens end up at the exchanges for only trading without being used for their intended purposes.

Wrong, their main aim is to make a profit.    This is also one of the reason why more than 90% of them fail. They start out as a project with very ambitious goals to change the world, but that is quickly forgotten, when the money starts rolling in. Many of them are blatantly scamming people and the whole, changing the world thing is just a bunch of smoke and mirrors. 

Let's just face it... only a very small percentage of them will change the world. 

[Andruha1993]

In my opinion, if the project is really very serious, with a great idea, and an experienced and hardworking team is behind it, then certainly this ICO can solve the problem of mankind, and not just benefit for itself.

[Congyang]

       Blockchain is becoming popular with great innovation to existing projects. Today if a survey is conducted to know the number of people who know about blockchain technology, the numbers will be tripled as compared to previous years. Blockchain technology is indeed becoming more popular almost everyday.
Bitcoin and the other altcoins have really done well to keep  blockchain technology growing. Providing solutions to existing problems is an important aspect of blockchain technology that really fascinate me.
       The long time vision of almost all ICO projects' main aim is to provide solutions to some of the problems  facing humanity in the area of health, education  etc. Despite this main motive of most projects, most  tokens end up at the exchanges for only trading without being used for their intended purposes.

it depends on how the team from ico is using the tokens that they make using ico, if the team is only pursuing the profit I think the initial concept of ico will not be well realized. maybe the concept should go so well that the finished ico can help solve human problems and provide solutions.

[acheampong64]

Well ideally as many people have said, the various ICOs have a loot of goodies outlined on whitepaper, but they don't accomplish in reality. I think that's because of people who invest in ICOs (investments in any form, bounty, token sale, airdrop, etc). When we get the tokens, the first thing people think about is when mooning, when binance, when "whatever", and this happens on day 1 after ICO ends. Almost everybody loose track of the progress of the project, and all their focus are on when the coins they got will make them build their dream mansion. I think this year has thought us a lot including all these and so we need to start seeing crypto in a different way other than for trading(it's very important though) and for a " get-quick-now" venture.
Anyways one other reality is that, many of them also just are hungry for money so they scam and leave contributors srranded.

[PTsang]

              The long time vision of almost all ICO projects' main aim is to provide solutions to some of the problems  facing humanity in the area of health, education  etc. Despite this main motive of most projects, most  tokens end up at the exchanges for only trading without being used for their intended purposes.

Wrong, their main aim is to make a profit.    This is also one of the reason why more than 90% of them fail. They start out as a project with very ambitious goals to change the world, but that is quickly forgotten, when the money starts rolling in. Many of them are blatantly scamming people and the whole, changing the world thing is just a bunch of smoke and mirrors. 

Let's just face it... only a very small percentage of them will change the world. 

Pretty sad to hear this...

[swaggerkeme]

I don't know what kind of problems icos can solve as they are problematic themselves, i have taken part in one ico once but i have never faced a bounty campaign that was a scam, i am  a lucky one still)

You are really fortunate not to have participated in a scam ICO before in this era when scam projects are all around us. Thank your stars. Our concern here is that, most projects  lose their main focus  even after a successful ICO campaigns.

[jhonvir666]

it really depends on the project for ourselves. Starting a business at startups is not a quick job, so-called startups are ready to deal with many problems with a business relationship. You will need more time to accumulate and towards a successful startup. For me It's not wrong to be a part of the cryptocurrency dealer, people have their own decision to choose their way of earning money.

[Lamisa asfiya]

I think it depends on the whole project. Starting a business is not easy to operate. To build it, there are many problems first. It requires a lot of time to successfully establish it. When the ICO is established, it tries to solve humanity problems.

[criptouser]

I genuinely do not believe I've ever read one ICO proposal that had me nodding and thinking, man, why didn't I think of that?

Every single one is a solution looking for problems that do not exist. If they do have some merit the chances are thousands of conventional companies are doing the exact same thing perfectly competently right now and not demanding free money from you to do it.

Totally agree! But unfortunately a lot of people, knowing and understanding this, still carry money to the ICO and nothing stops them. Everyone wants to invest money in order to multiply them very quickly, but not everyone succeeds. Now, for example, it is generally rare. - "Do you want to lose money, invest it in ICO"