Why Most ICO don't show the investment wallet address?

[blockchainmarketus]

This is a suspicious act. Most ICo don't show the wallet of investment? Why they claim have made succesful presale but no wallet to proof that. Why Most ICo fail they are not transparant. Transpancy is one of the cryptocurrency concept. I think they deceive investors by doing that not showing investment wallet address for public.

[blockchainmarketus]

I also wonder ICO ann just for about a week and stated that they have made succesful presale. It is a kind of public fake statment. They also claim that they have made million USD. The worst is that many people still trust the ICO and invest. When the ICO ends the coin in the market under ICO price , I think it is because fake investment report. Market is more honest than fake developers.

[MigoAmigo]

Token startups need to start being accountable for the fundraising they have completed, and this starts with providing token investors more clarity into finances at any given time. None of us want to be holding on to the next Enron, Worldcom, or Madoff. How do we prevent that? Self-regulation and standardized due diligence is a start.

[pranazzs]

Or maybe those who are not transparent are one ico scam.
better be careful with ico that is not transparent.

[Azzhan]

Yes, this is also a problem for most ICO projects today.
I think most ICO projects are hype at present, and the funds raised have not been disclosed.

[Omega Weapon]

Token startups need to start being accountable for the fundraising they have completed, and this starts with providing token investors more clarity into finances at any given time. None of us want to be holding on to the next Enron, Worldcom, or Madoff. How do we prevent that? Self-regulation and standardized due diligence is a start.

Self regulation is not going to work, the icos had a chance to do that for years and this is precisely why we are in the situation we found ourselves immersed, in my opinion the people are the ones that need to change their habits, we need to start demanding this kind of stuff and the ico that does not comply will not get an investment out of us, if enough people do this icos will begin to show this information.

[yndye]

Yes, this is also a problem for most ICO projects today.
I think most ICO projects are hype at present, and the funds raised have not been disclosed.

It is like deceiving the investors when they don't provide the address of where the funds they collected are stored and claiming that they have raised such funds. I think this should be the requirement when they state that and show proof that they have receive such amount. Most are in ETH and BTC though so it is traceable. I have joined one bounty and proudly claimed that they have raised thousands of ETH on presale and reach softcap but when ask where is the proof and address, they wouldn't say it and always saying that they will reveal it soon. It's clearly a scam.

[triciaa478]

ICOs need to be regulated by external bodies or their funds need to be made public before every investors can have confidence in them.Most times it is misleading claims they make to attract people to invest in them.

[batang_bitcoin]

There are ICOs that are showing the wallet address of the total investment so if the ICO you are longing to join isn't transparent with their reports and your concern, just simply don't join.
You need to be wiser with the hard earned money you want to invest in ICOs or you must take a closer look to trading.
You are investing to an ICO that will soon be traded on exchange so to avoid yourself from such scams instead of worrying about that and investing to ICO, invest in trading.

[deeofficialx]

Market is more honest than fake developers.

Sad reality.

I must say, almost 97 percent of today's ICO fell down when they get listed in an exchange. First, because we are currently on a bear market and second, the team are not transparent enough, and third, the ICO Project don't really have a real-world usage.

[vcmnb5]

My attitude towards ico is that I have to figure out what I don't understand. If I ask them, they don't give me a clear answer, or they have a series of plans, roadmaps, etc., which are not clear. I think it is very likely to be a scam.

[Bumidinasty]

I agree with your opinion why they are not transparent, or they hide something to deceive the investors and nobody knows, we can give suggestion to ico project, maybe we hope for the future ico more transparent.

[shinratensei_]

This is a suspicious act. Most ICo don't show the wallet of investment? Why they claim have made succesful presale but no wallet to proof that. Why Most ICo fail they are not transparant. Transpancy is one of the cryptocurrency concept. I think they deceive investors by doing that not showing investment wallet address for public.

Lack of transparency i suppose but have you tried to track it through the sign up to the token sale portal? I think you can try to use that way to track the wallet but it looks like it will not so easy. at least they must be honest to make their wallet become transparent for everyone.

[Yudhisthir]

Yes, they should be able to show every investment wallet however large in number it may be. It would certainly increase the transparency and hence the involvement of investors. Investors should too focus only on those transparent ICOs boycotting suspicious ones.

[cryptobae10]

This is why making utmost personal research is the best before participants invest or join an ico
You need to check email through the product , their transparency and credibility report too
And also monitor the roadmap development too

[Itsmylife]

I think that in the case of their hard cap target cannot be filled full but they still want to run their project, so hide the investment wallet address is the first step must do. Investors just see what they want to see it will attract more investors when they think that the project is invested a lot.

[janggernaut]

Because they don't want to take any risk if something going bad with their ICO address funds (e.g hacks). That's why they hide their ICO wallet address to prevent that and they will be only tell people who joined on their ICO white list.

[commander11]

I also wonder ICO ann just for about a week and stated that they have made succesful presale. It is a kind of public fake statment. They also claim that they have made million USD. The worst is that many people still trust the ICO and invest. When the ICO ends the coin in the market under ICO price , I think it is because fake investment report. Market is more honest than fake developers.

not all ICO really care about ANN or any other forum, this is just a part of an awareness concern. Look at Solana, Hadron and the likes, they are more active in developing the internal project rather than marketing. Don't generalize the concept when a few lures and use this kind of fraud. There is so much more your nee to know.

[rumoo42]

Now ico does not use only one address for fundraising. Instead, it distributes different addresses to each person and then summarizes them themselves, but it does not tell investors where their funds are. This is an opaque performance that cannot be supervised.

[fosco333]

This is a suspicious act. Most ICo don't show the wallet of investment? Why they claim have made succesful presale but no wallet to proof that. Why Most ICo fail they are not transparant. Transpancy is one of the cryptocurrency concept. I think they deceive investors by doing that not showing investment wallet address for public.

Yes i understand what we want is transparency because it will boost the investors confidence.
If you want to running some ICO, makes sure you give your public sale address so you can gain your investors trust.