Is It a Concern That Hundreds of ICOs launch daily

[maot4]

In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.

[o_e_l_e_o]

There is no shortage of idiots in the crypto world that are all too willing to throw their money away at ridiculous "get-rich-quick" schemes and ponzis. As long as there are idiots, there will continue to be huge numbers of ICOs to scam these idiots.

[Futurm]

I think ICO is not a good choice at present, because there are too many ICO projects, so most of the time these projects are just hype.
Many ICO projects have fallen below the issuing price, which is a terrible thing.

[tweetbit]

It won’t be a problem when all those ICO is created to expand the cryptocurrency and implement it to help in the development of every sectors of our technological advances. You’re concerns is as good as mine when it comes to scammy projects by same persons who definitely abusing and dragging the ICO name into mud and take the cryptocurrency industry into a doubtful situation.

[tsaroz]

It is a concern for the investors.
A resent study suggest over 50% of ICOs go dead within 4 months of the token sale.
It signifies how much scam and senseless projects are going through ICO risking the investor's money as well their own life.
Some are started with a run away strategy while some are less planned and studied projects from rookies that fails to deliver.

https://www.investopedia.com/news/over-half-icos-die-first-four-months-study/

[Futurm]

It won’t be a problem when all those ICO is created to expand the cryptocurrency and implement it to help in the development of every sectors of our technological advances. You’re concerns is as good as mine when it comes to scammy projects by same persons who definitely abusing and dragging the ICO name into mud and take the cryptocurrency industry into a doubtful situation.

This is the problem I am worried about. A large number of ICO projects have fraudulent behaviors.
And the SEC is currently restricting fraudulent ICO programs.

[maot4]

And it give credence to the need of a good level of governance or reg. not regulations that stifle the technology but that ensures that participants in the sector are doing so with much credibility

[xianbits]

If only people won't patronize new ICOs, then there will be lesser and lesser ICOs popping up each day. Why not let's just support our successful ICOs so we could see the real uses of crypto in our daily lives? For me, why are there still no REAL USES of crypto is that we forget to focus on those successful and good ones instead we focus our attention on looking for the latest ICO which in fact most concepts are copied from previous projects.

[Dextord]

in my opinion there may be influence because the current market price is down a lot of ico whose price is far down from ico price and if want to invest in ico should be careful and ready to handle any risks that will happen.

[Awesomus Maximus]

It should be a big concern if you invest in them without any research. The normal logic would be the following: You launch an ICO when you need money to build a project. And you don't launch an ICO to raise money and then we will see what to do with it. There is a huge difference between the first and the second reason. If you take a look at the current ICOs most of them want to raise money without any clear idea what to do with it. So most of the newer ICOs are just a disaster waiting to happen without clear vision and clear plan for the future.

[patz22]

ICO is a trend since last year however not all of them continue with the project after raising enough funds or dumps after listing. Currently,  I agree that investing to an ICO is not a smart move as I can see a lot of them not meeting the target and I see a lot of scam. It is like 1 out of 100 will be successful that's why I'll be more careful in investing to it moving forward.

[Lanatsa]

In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.

When we do compare those projects who had done ico on past 2 years and to this recent day we can really see the difference when it comes to numbers and the percentage of project that do succeed.
I do prefer back into those years where projects are still worth to invest on unlike now that almost everyday theres new project in the market that do need funding. Ive remembered too on how much of those projects before accumulate money which doesnt involved millions of dollars unlike now where accumulating even hundreds but still end up into a shitty project later on.

[5thFear]

Well it really is a big concern for the crypto world and it is one thing that might hurt this industry more then anything else. But i believe that these scams are only alive till everything is regulated. Once that happens and a few are put behind the bars only then are these useless ICOs going to stop.

[Bumidinasty]

I think that's good because this is the world of cryptocurrency to make the future better, but be careful if you want to invest in the world of cryptocurrency and you have to be prepared with the risk that you will happen.

[joel123]

To some point its  concern as too much of such ICOS come by but a significant few makes it to the market, Most either fail because of the poor project plan, while others don't succeed because they were never meant to go anywhere, the intentions were to scam people and upon realization of their goals,they go missing, It might be a god thing too as it expands the scope of the crypto arena, but also presents a challange

[Zeke_23]

yes it is, because of hundreds of ico's that is being launched daily, the percentage of scam bounty and scam coin is continuously increasing.

[AfterTheFork]

Its definitely a concern as the market currently being flooded with good for nothing coins that seek to add no value or very little value to the market, which will be the undoing of the crypto industry, Scam ICOs keep coming up too, that scam people out of valuable time and money. If only such can be regulated then the industry might just survive

[HaroldConway]

In the last 9 months there has been multitudes of ICOs a few have been great projects but a large percentage of them have not lived up to the billing, rewind to 2 years ago, there were 2 or 3 ICOs a quarter and most of those exist within the top 100 tokens today, even projects that raised minimal sums two years ago are still active projects today, the likes of Stratis raised equivalent of $600K for their ICO. Is it a concern that we now have hundred of ICOs daily looking to raise tens of million and we haven't in the last year seen most of these ICOs become truly commercially adopted.

Not really, I think ICOs are the best investment in this market. The prices are going down and down! I would suggest you to invest in projects that are targeting real markets like Liven, Ubex and RedCab.

[Julien_Olynpic]

This is a big problem with so many ISO frauds. This problem does not even have unique and reliable solutions. Probably the market should suffer from this disease. I do not see any other way out.

[Maveth13]

It is a problem not only for investors. It's also a problem for the general public that is not well-educated on this ICO trend. The risk comes mostly from scam ICOs, others are from straight up failed projects, and there's such a small percentage of successful and useful projects from all these ICOs now.