What is the impact of ICOs on the market?

[JeffBrad12]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

It's useful, consider there was a lot of them are working on the new field and then they can give the more demand to the cryptocurrency. The ico has become the global trend right now. Ethereum, ripple, and almost 98% from the altcoins are started from ico. We know that the bankers are creating a partnership with ripple, EEA of ethereum has owned more than 150 members from the worldwide companies.,

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[Ericgreen]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

The impact will be purely based on how success those ICOs will be. Because based on the outcome of the project, it will impact in the crypto space. There will be no matter how many ICOs are being announced every day. Because they will come and they will go without attracting any major amount of people here. Only projects which are making more people to turn into it will be having big impacts.

[ParallelSquid]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

In some way they are good and bad. The bad thing is that these ICO's are sometimes fake and just want to take advantages of the investors especially the new ones good thing there's site like menlo.one the would help eradicate the fake projects out there. On the other hand, this ICO boom is giving us opportunity to mainstream the cryptocurrency or the blockchain technology to the people.

[blu.storm]

i am in favour of the ico even if they consume so much market capital and maybe the half of them fails but more are ico s more is variety of choice,then more opportunity to invest in a winning one, one which will succeed

[louie69]

i believe that the more ICO in the crypto market means that the more healthier environment in the crypto world. However, I am seeing that only the strong crypto's will survive in the coming decades and most likely there will be crypto's that I think may no longer continue since the competition of crypto's is very tight in the cryptomarket.

[CryptoBry]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

I have a dilemma looking at the many projects of varied kinds being introduced into the market using the popular ICO platform...and mixed with these many projects are also scams and soon-to-fail copycats projects which are being put up just for the sake of siphoning some money into the pockets of the developers or scammers. The time is coming when investors will not anymore be interested many ICOs due to fear that they can be victimized by another scam. Unfortunately we as the community is not doing substantial about it. The suggestion by Buterin to use the DAICO platform seems to be not catching up fire or big interest obviously because it can restrict many scams from floating on the market. On the other hand, I also believe that the more the merrier though this can really mean that many will eventually just die their natural death or not finding the necessary traction on the market. While most ICOs are claiming to be revolutionary, I think that it is ICO as the platform that needs this revolution the most.

[Pasadoble]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

Yes it is very important, the market needs new projects, it is the way for its development.

[hewbrowden]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

Of course this is a good sign for the market, because the more different projects, the more interested people in cryptocurrency.However, this also means that the market is increasing the number of scams and rubbish.

[dreadfullICO]

Good projects help to develop market, to make trading much more profitable. and scams have negative influence, as because of them  a lot of people loose trust in the crypto.

[acheampong64]

Then ICO will consume a lot of market capital.
Then the whole market is short of funds. If there is no law to restrict ICO, then the bear market will continue.

I don't think so. Do you know that one main reason apart from the price of Bitcoin reaching ATH that made many people join crypto was through ICOs. Many people saw crypto from bounty hunters (ICOs), YouTube videos (ICOs), meet ups (ICOs), and so much more. The ICOs introduced more capital into the market but those with bad mind who scammed people scared many others always.

[geboy12]

it's true and I really agree with your question, now we know there are dozens of ico every day and enter the market,
I think personally ICO who entered the market today has no impact whatsoever,
because every ico who entered not necessarily he can be accepted well because there are so many ico that failed and totally worthless when entering the mark

[praizepraise1]

Initial Public Offerings have already been replaced by Initial Coin Offerings. Investing in companies that open ICOs is so easy that it might be much more preferable over the traditional methods by almost all of the investors in the near future.

[inillo]

To be honest, the impact of ICOs is really low at the moment compared with other means and markets for investment. But that is likely to change progresively and become more established.

[CryptoDamon]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

As we all know that ICOs were done to raise funds and awareness to the community about a certain project that is innovated into crypto world. ICOs is useful for it can spread the good name of crypto. The downside of these ICOs is the congestion of the network making fees higher.

[rumexx]

ICOs are mainly for fund raising through crowdfunding. We have seen a lot of  projects coming to the market to raise fund majority of them succeeded in raising  the required amount needed while some also did not succeed. If the market is not impacting on the icos definitely by now ICO would have ended.I believe that market is really helping project raise the money they need.

[Serco]

Each ICO has a different product, of course, innovation and excellence have different benefits. With the new ICO then it's better to see what suits you, and of course, we also feel the benefits of ICO. Some ICOs compete to promote quality products, to draw the attention of the public to the technological presence of these ICO products.

[rvlrshr]

ICO brings a lot of ideas that could help our community it's important and dangerous at the same time because scam ICO's are very rampant nowadays so better research ICO's that really matters and has a working product.

[stomachgrowls]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

I only recognize projects that do have significant use on real life usage. Top ranking coins doesnt mean that they are good yet most of them are still on test phase or not really contributing on real life usage. This is why i do see launching projects every now an then is just really flooding out the market with useless coins because we have seen that most of the time they do already have duplicate or just the same idea, so having more than one project is not already feasible or not good.

[Muhammad Muneeb]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

about 80% of new icos are scam adn good ones get the attention and gain market size. investors invest in the icos just to make money they don't have any concern with the market but crypto community increase as new investors invest in the icos to make some bucks

[ParabellumLite]

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? 

As we all know that ICOs were done to raise funds and awareness to the community about a certain project that is innovated into crypto world. ICOs is useful for it can spread the good name of crypto. The downside of these ICOs is the congestion of the network making fees higher.

In the past, MLMs (Ponzi) assumed under ICO is one of the reasons that the crypto market has increased dramatically over a period of time, but market is affected when all MLM projects are falling a dozen times earlier this year. Causing a lot of poor people to go away for a moment and the news sites are blamed for being all due to Bitcoin (the reason they lack the knowledge of cryptocurrency). And now many of the mainnet have been created to serve the ICO like NEO, Stellar, QTum, EOS, etc. It no longer congested the network as before.