Does ICO developers truly believe in their projects

[passwordnow]

I guess so but not all of them really are.

A developer that's dedicated to what he is developing believes on what he's doing. They work hard for it but if that developer has only one goal and that is to make that coin popular and gain bigger market cap so he can start dumping it, at least we will know on what type of developer he is.

[sexylady13]

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'm also interested in it. Perhaps, the money collected in the ICO are planned for other costs, there's no free money + when a coin falls in price, the ETH price also falls, and there're no funds even for the promotion in the community and listings on exchanges, not to mention purchasing coins back. Only Binance does this just because they can!

[DamilolaB]

Not all ICO developers believe in their project especially those with scam ICOs who just want to get funds from investor and do away with their money without a substantial outcome but developers with genuine motive with be much interested in the success of their project and this cannot be achieved without first believing what they are do.

[suzanogbomo]

Unfortunately many of them do not believe in their projects, there are even a lot of instances where  they dump their tokens on exchanges, otherwise, there is no reasonable explanation for a project that raised say 40M$  in ICO to now have a market cap of less than 2M$

[coin-investor]

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.

Why would they buy it, only to that it again and create a fake volume, let the market and the community create a demand, their job is to promote their project develop platforms and complete their roadmap and of course strengthen the community that supports their project

[suzanogbomo]

Honestly, if you read the whitepaper first you will find out all the token structures and plans. If the whitepaper doesn't include making buy backs when the token suffers from dump price. Its none of the developers concern. Instead the developer will continue on making update on their roadmap.

Good project do not just list and abandon their tokens wholly to the market, they buy back and stabilize the market and sell when conditions are better, it boost investors confidence in the project.It is a win-win situation when done properly.

[hermae]

In my opinion, I think the ICO developers really believe in their projects. They have spent money, time and effort for the ICO to be developed and built, it is not that easy, so this should not be doubted with. They are doing their best to make their projects become successful, and of course it would hurt them a lot if what they have worked for wont become successful.

[impulse709]

No product will be successed, so does ico projects. I think developers will know that a project might dead even dev do anythings to finish the project. The main things is community option, its will decide any projects.

[Caelanpelley]

Many ICO projects have been established but developers are not interested in their development at all. It is a disadvantage that projects often get. When no capital can be mobilized, projects will be missed without success. I do not believe in ICOs.

[Phil419She]

I think that most legit ICO developers really believe in their project thus they are investing money and time just to pursue and push through their ICO. You might be right that they should buy their token back but I think it will have a problem with the budget.

[cleverhope]

Most ICOs are now scam. But also sometimes we can find real project with real developers. The problem is that the developers have already collected money at the ICO and they do not care about the price of the token. Developers are only engaged in the development of their project, and the issue of money does not bother them in any way, because they already have money. The model of the ICO led us to such a sad outcome.

[Yaminat]

In my opinion, I think the ICO developers really believe in their projects. They have spent money, time and effort for the ICO to be developed and built, it is not that easy, so this should not be doubted with. They are doing their best to make their projects become successful, and of course it would hurt them a lot if what they have worked for wont become successful.

So do all who value their reputation! And for bounty hunters in choosing a good ISO, if developers have had successful projects in the past is an important aspect!

[dimonarka]

I think yes. No wonder they create a project. Developers spend a lot of effort, sredsv to create a project and make it promising.

[CaMeRoNy]

I think yes. No wonder they create a project. Developers spend a lot of effort, sredsv to create a project and make it promising.

On the one hand, I agree with you, but not all developers sincerely believe in their project. Most ICO are a Scam, and it follows that most developers believe only in money.

[success65]

I think it is easier to produce more coins and not to bother . and I think those who really believe, they keep the coins.

[prosperity_one]

Most of them are just in it for the money. Once they get that ico money, they lose interest In the project and are gone. Even the ones that stay don't have so much interest and zeal to continue pushing the project to greater heights

[Specctrall]

no doubt there are developers who promote their projects in the future but unfortunately such a minority.

[Zadicar]

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.

Its all about money!

No one could able to point out whose willing or just totally caring about the profit that they would made. We had seen good projects but eventually they do end up to be dead.Why? because the developer abandoned it for the sake of money.They are the ones who do dump out and whose fool would just make some buybacks to let their investors do make profit? For sure none.

[verita1]

I can comment on the projects that I have joined. Fortunately, most of them are following the RoadMap. Although the crypto market has been with a downward trend also affecting the altcoins, I have observed that developers are making significant progress in their projects. They also struggle to list in a large exchange.

I recently read a comment that made me reflect: "The ICOs are destined to fail because the tokens once they reach an exchange are sold to changes of other cryptos or USD" and it is the truth, most of the inverters take advantage of all the discount bonus and sell the cheap tokens.

This could be one of the causes of the low prices of tokens.
As I also think that there are other reasons such as the crypto market, volume, Token in circulation, the product, etc.

[HarryBrace]

Sometimes it should be complicated for investor. They haven't clear view about the project they invested.