Does ICO developers truly believe in their projects

[jeffthebaker]

The worthwhile ones? Yes. Developers and other cryptocurrency professionals don't involve themselves with projects not worth their salt. Shit developers working on shit projects aren't oblivious, they are clever.

[gavikzal]

If you throw aside the scammers, then of course the developers believe in their project. They invest their time and energy in the project. They also want to benefit people.

[TheBitcoinBadger10]

The main reason for not buying back the tokens might be liquidity. Only a very few coins support conversion back to fiat. The company needs cash to run their day to day operations. Besides, the team also holds a significant amount of ICO coins which is locked for a specific amount of time. And even if the company buys back the tokens then the public will know one way or another and that’s going to put a bad impact in the company’s reputation.

[larkscrypto]

Making an ICO venture is making an organization. There are numerous dangers included, and the proprietor of the organization is the person who is putting his opportunity and cash in the underlying stages. The ICO may not, in any case, take care of his expenses in the event that he doesn't do it well.

[kingzpro]

I think if the team.or developers behind a project do not truly believe in their project then how will they find investors and supporters and why should the investors believe in that project? I do not think there is such case because if the team itself does not have the confidence in their peoject then the project can never be successful, it will lead towards failure.

[SamDummy]

but what prevents them from believing?
they collected the money. Do what is planned for this money.
low price only spoils the mood. but the faster the ideas are implemented, the faster the price will soar.

[alinalovedoogie]

From my perspective i think peoples are always want to see their projects potential growth which they invested.

[warcarft3]

This may not be a joke, even ICO developers do not believe in their own altcoins, in fact, many ico are a new scam, and those developers are only part of this scam.

[tokenjob]

Based on this before investing in ICO projects we need to do some research based on this if this project is worth to invest then it will be great but we need to wait for it the actual result.

[rahimali]

I guess they can buy it of course. If the developers believe in their project and think it to be potential enough, they might buy the tokens back. But if the project is a scam, then they would never ever by the tokens back.

[rdewilde]

In order for ICO to succeed, developers must believe in their project. They called for capital to be able to use that money to develop the project. I know some projects have used ICO Calling Funds and bought the token. But the results are not so good. Instead of doing so, it is better to use that money to continue to develop the project and the price will go up if that project is developed and produces the product.

[Rengga Jati]

Actually, I myself will not be able to guess about this condition. If an ICO developer doesn't believe their ICO project, so what about the investors? We can believe in the projects if they have good products, different concepts, and interesting prospects for the future. Additionally, the trusted team is also deserved.

[JakenBake]

the projects I'm in have the project leads in Telegram for hours each day.  They seems to live and breath the project which in turn gives me the confidence in them to deliver.  You can usually tell the scams from this one simple test. 

[Rashid555]

Yes the ICO developers truly believe in the projects but first they satisfied then they work for that projects and ICO starting is not easy job but it requires a tough struggle to develop Coin offering and for now the projects is started by experts.

[Refozzblaze]

Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??

Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.

I think they will not do that, because money raised from ICO will be using for project development itself such listing exchange, launching platform, etc.

[tuanytcc]

Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??

Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.

Because they am also holding a big amount of their tokens. They want to use ETH or USDT that you mobilized from the ICO selling to run their system and wait the price of their token raise, they will dump tokens which they are holding to earn profit

[auroboros]

There are several types of crypto developers as far as I know crypto currency,

1. They are developers with long-term development projects and are very time consuming, but projects like this will usually last longer in the crypto world.

2. Developers who only want profit for a moment, after the ICO is finished, immediately listing in the exchange, and immediately sell all their assets. And let the Holders get stuck.

3. Scam developers, they will never list in any exchange, because they only want to benefit from the ICO

[melander81]

These DEVs will surely support their project, unless they are scams. If you are asking about buybacks, this is the sole decision of the project team. I for one do not believe in such concept as this may affect the price, which seems like manipulation if they do this. Better to just have the consensus of the investors or buyers.

[Gaselemeg]

Depends on what is the original purpose of the team. If they really create a company, then obviously they believe in success and work hard to achieve it. If this is a scam from the very beginning, then all they do is try to draw out money from investors.

[leea-1334]

The worthwhile ones? Yes. Developers and other cryptocurrency professionals don't involve themselves with projects not worth their salt. Shit developers working on shit projects aren't oblivious, they are clever.

I agree here. Also, when you see some guy become "advisor" for so many projects,,, it makes me believe in him less. I know that advisors do not do very much at all. I know even most of them just put their name on the project in return for some paid contract so it does not mean they are dividing their time. But it is the same thing to me. If a good person really believes in a project, he supports it and that is that. He does not sully his reputation by supporting any project willing to pay him money.