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Author Topic: what problems exist in ICO  (Read 1256 times)
Aio.Community (OP)
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October 01, 2018, 08:34:59 PM
 #61

An effective concept was found in your discussion about some problem of cryptocurrency. Since this ICO will work for a group of investors to describe and explain the functions of individual groups. The final product will be discussed by the community.

Any decisions only through community voting, we invite you https://t.me/AIOCommunity
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Aio.Community (OP)
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October 01, 2018, 08:37:03 PM
 #62

Hopefully AIO.Community ICO will bring benefits for the ICO holders and investors. As well as new investors. Although I know a little about it. I got a good idea about AIO.Community through your presentation.

thank you for your kind words, we invite you https://t.me/AIOCommunity
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October 01, 2018, 08:44:39 PM
 #63

I think the most important problem is the decrease in the number of investors, compared to 2017, their number has strongly decreased in 2018, as did the popularity of the ICO as a whole. I think first of all this is due to the increased number of scammers on the crypto market and this problem needs to be addressed first.
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October 01, 2018, 09:05:38 PM
 #64

Digest AIO.Community

 

Today, the market of the crypto currency is in the development stage and therefore many questions for its normal development are not sufficiently studied and considered.

The team of the AIO.Community project considers it right to put these issues for discussion and propose its own way of solving them. This will give the market a new positive impulse and create conditions for the transition to a new level of development. It will make it more transparent for participants. With the possibility of obtaining financial protection for the project participant and ensuring a unified approaches to holding crowdfunding.

AIO.Community is an intelligent platform for ICO projects, with the possibility of obtaining financial protection for the project participant and ensuring a unified approach to holding crowdfunding.

When creating the project, we identified the issues that will be solved after implementing the platform in a global sense.

1.                About the ICO.

We all know that the list of coins on the market is constantly growing, but for a potential investor the issue of buying a specific coin that will bring him a profit, requires studying the main questions about the project, namely: the goal of creating a project (the product being created) and the team that is working on it. This gives an understanding for the investor as far as his participation in the ICO for him can be profitable and safe.

Creation of the team takes quite a long time. Ensuring the creation of an effective team before the sale of coins is very difficult, so the leaders of the new project either form an inefficient team that consists of enthusiasts who are ready to work without payment, or the team is published only for information and does not match to reality.

What are the outstanding problems of this issue?

- Effectiveness of this team for the investor is not clear;

- Main functions of individual team members are not described and not regulated;

- Final product is not discussed by the community;

- Financial reporting for expenditure is rare, and non-targeted use is not stopped;

- The rules of the team, evaluation of effectiveness, compliance with deadlines, the system for assessing the performance of individual structures in the team is often created from scratch or not at all.

All this, we call structural problems, which often lead to unprofitability of the project, and the creation of the final product is delayed or does not happen at all.

AIO - completely solves these and other issues, we offer:

Creation of a platform where a team of specialists consists of:

- Financial experts who assess the costs of the project keep records and report to the community on the targeted and rational expenditure of funds. Prepare all the upcoming spending items in advance so that unnecessary funds are not uselessly accumulated in project accounts, while at the same time; it was understandable for the community to create the final product.

These specialists have sufficient skills to optimize and reduce the costs of the project.

This avoids attracting investors from unclaimed investments and reduces the amount of coin emission to the required limits.

- Legal specialists whose work is aimed at creating the correct legal form of the project, selection of appropriate jurisdiction for the registration of a future company, registration of intellectual and copyright. The consolidation of legal relations between investors and the ICO project with the subsequent transition to the status of shareholders, full support and protection of the interests of the project and investors.

- Marketers who study the economic model of the project development, advice on the choice of the optimal way of development, introduce clear and showed the highest conversion tools for the monetization of a future product created with the investors' funds.

- Technical personnel who accompany or fully assume the issues of safety, project development, design, infrastructure, and so on.

- Administrative staff, who fully accompanies the project from the initial idea stage, organizes the ICO, manages the creation of the project, represents the interests of the project, and accompanies the access to the relevant exchanges for subsequent trades.

- A security group that fully checks the ICO project, its creators, verifies them for participation in other projects, monitors information on various sources and databases in order to identify signs of unreliability for investors.

2.                About funds and budget AIO.Community

Considering a number of interesting projects, we see that many of them could be implemented, but the teams that conduct them often have a goal only to hold an ICO and raise investors' funds. After that the project is conducted in a low-flow mode, and the investor receives information only from public sources.

We believe that this situation can be corrected and the ICO market for startups is more transparent.

We propose the following model of financial relations between the investor and the ICO project, where the AIO.Community platform will act as a guarantor of these relations using the following tools:

- Creation of an insurance fund, in which at each ICO will be sent 5% of the collected funds for the safety of which the platform is responsible.

If the project fails and the investors' funds are threatened, the insurance fund will reimburse them in full.

- Creation of a stabilization fund, which also contributes 5% of the ICO. In order to create a reserve to maintain a stable course of released tokens of projects, work on which was carried out on the platform.

Maintaining a stable exchange rate of coins is the basis for maintaining demand for the purchase of coins, this fund will buy coins from projects on the market with a drop in demand and vice versa, to sell to reduce supply so as not to allow unjustified speculative growth in the value of coins.

- The rest of the funds will go to the ICO project fund.

The supervision will be carried out by the community and monitored by the platform in the following order:

a. The budget of any project will be calculated by the platform and for each phase of the project implementation, funds will be allocated sufficient for this stage in accordance with the project roadmap.

b. Based on the results of each stage, the platform generates an audit report and submits it to the community for consideration

c. Based on the results of the audit report, the community answers the question: has the team fulfilled its tasks assigned to it, have the investors' funds been rationally spent.

d. If the community response is positive, then the team automatically receives funds to implement the next stage.

If the community response is negative, the team is completely removed from the project and work on it is transferred to platform specialists whose task will be to organize the work to complete the project, transfer it to another team of specialists or finish the work independently.

Conclusion: Investors' funds will be under constant control of the community and the platform, any of the implemented projects will always be brought to the end product and in the event of an insured event, the investor will receive a payment from the insurance fund.
I quite agree with this wonderful write up you have here. However with my little experience in the crypto community, I think the major problem of these icos is duplication of what has been done by other project and what attract a lot of people to an ICO is how unique is the idea behind the project.
Aio.Community (OP)
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October 02, 2018, 11:31:08 AM
 #65

To find out a promising ICO is  not easier now-a-days. So if ICO will developed and be friendly to investor to find out a promising project then many investors are benefitted. And that's will make investors interested to invest on ICO.

This is one of our main tasks. only the return of investor confidence can return confidence in the crypto world. and remove in  future all  talk about crypto-bubbles ,we invite you https://t.me/AIOCommunity
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October 02, 2018, 11:34:13 AM
 #66

Promise, useless, FOMO, scam, Dead, No product, ... many and many. Not much ICOs keeping develop after 1 year. Investor dont trust ICOs any more, so scare
I completely agree. Today there is no investor protection tool, so it’s scary to invest. we invite you https://t.me/AIOCommunity
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October 02, 2018, 11:38:05 AM
 #67

Promise, useless, FOMO, scam, Dead, No product, ... many and many. Not much ICOs keeping develop after 1 year
And if you look on their roadmaps almost all ICOs promise the products in the oney year. And after one year no product will be developed as most cases.
the fact is that they promise. Many projects attract a lot of money for a product worth several hundred dollars, their marketing services work very well. and when it comes to product release, products with better functionality are already present in the market. we invite you https://t.me/AIOCommunity
Kanatanex
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October 02, 2018, 12:22:26 PM
 #68

Now there is a lot of mistrust at people to different projects. All lose money on the investments and do not get profit. It is the main problem of all projects
Aio.Community (OP)
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October 02, 2018, 12:44:45 PM
 #69

I liked that you have elaborately expressed your opinion through this article. It has cleared some of my confusions about ICOs issues. I agree with you completely. ICOs are really getting out of hand
Thanks for the kind words. We can always discuss all issues related to ICO in our group, we invite you https://t.me/AIOCommunity
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October 02, 2018, 12:48:08 PM
 #70

ICO mean initials coin offering this is like Minning process. This is done just make people more aware about their coins like a bounty programs but slightly diffrent.

I disagree with you. projects may not produce coins. and do something else. And there are many such projects. they all want to raise money, but not everyone understands what to do with them. if there is no idea and realization of this idea, then the project will be closed within a year. and investors will incur losses.
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October 02, 2018, 12:51:48 PM
 #71

ICO is one of the  platform to invest with crypto and many newbie come here to invest and some of them are cheated by scammer. Is there any way to avoid scammers and scam projects?

Yes there is. between the investor and the project there must be a tool that will provide funding for the project, and investors will be protected from fraudsters with this tool or platform. we invite you https://t.me/AIOCommunity
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October 02, 2018, 12:54:07 PM
 #72

Perhaps in the future, projects in the ICO segment will be transferred to management companies. And the situation in that market will radically change, for the better!
We are working in this direction. Someone must put an end to this whole story of fraud. In our opinion, only a transparent discussion and collective project management can do this.
 we invite you https://t.me/AIOCommunity
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October 02, 2018, 12:56:21 PM
 #73

The continuous rise of Bitcoin prices has led to the birth of hundreds of ICOS within just the first few months of the year. The SEC has warned of scams because of the increasing number of ICOS. Too many ICOS scams will do the investors' demand for coding in general decline.
it is sad. but there is a solution to this problem. only together, only openly will we be able to change this trend.
 we invite you https://t.me/AIOCommunity
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October 02, 2018, 01:08:22 PM
 #74

The problem with ICOs is that they became suddenly the "thing" to invest in following Bitcoin's extraordinary price increase. Consequently, it suffers from a tight bond with Bitcoin's fortunes, but more importantly, it suffered (and sadly continues to suffer) from poor projects managing to collect money and not deliver products, services etc etc. The whole sector has seen months of pure speculations, some ICOs became famous for their ROIs, some because they were complete cons.
I think the ICOs are a great tool to raise money, I would love to see the sector more regulated so that poor, useless, scammy projects are eradicated.
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October 02, 2018, 01:13:16 PM
 #75

Few problems of ico ranges from
Kyc
Failed promises
Scam icos
Non delivery of tokens
Embezzlement of funds And more

Just focus on your research work
That’s the best I can tell
KYC is a problem. this is not a solution. a lot of problems associated to this instrument.
Unsuccessful promises. The project should not promise that he will do it. The project should do something and provide a public assessment. In other cases, they should seek help from developers who will assist in the implementation of the alpha version for ICO. and then go on stage ico

Fraud. Our platform, together with our community, is considering a project. after reviewing this draft, approves or disapproves of listing on the platform. where after that funding will be allocated for each step of the roadmap. The project allocates funds to an insurance fund to protect investors' investments. This is one of the tools that we will use on our platform.
all info there http://ico.aio.community/
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October 02, 2018, 01:20:37 PM
 #76

The main problem existing in ICO is scam, because it means that a lot of crypto users got scammed and lose trust in crypto sphere. As a result they quit crypto forever

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October 02, 2018, 01:25:09 PM
 #77

ICO like losing investors, perhaps because too much c now. Why are there are no rules to limit everybody makes project ico. It could be bad because of rampant fraud in the guise of project ico.
Now there is a rule. attracting consultants will attract investors. this rule is. collect money at the ICO stage, and then say that the project is listed on the exchange. After a while they say that our project is closed, they distribute their coins to investors and remain in the shadows. the adviser in his statistics gets a minus and lives without repentance. they got what they wanted. invested $ 5,000 and received several million. It is with this trend that our project will fight.
http://ico.aio.community/
we invite you https://t.me/AIOCommunity
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October 02, 2018, 01:28:57 PM
 #78

Yes, there are many problems that still exist with Icos. Most of them are scam. Funds being stolen is one of the big issue with Icos. Beside this there are many problems exist that makes investment in ico dangerous.
absolutely agree with you. It is at this point that we solve this problem with the community.
http://ico.aio.community/
we invite you https://t.me/AIOCommunity
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October 02, 2018, 01:32:40 PM
 #79

Nice article that you write here about Ico. Study say about 80% of ico are scams. Only 7-8% of Icos progress to trade on market but about 6% of icos were failed to raise money as required.
Thank you for your opinion .. Here you can see all our tools.
http://ico.aio.community/
we invite you https://t.me/AIOCommunity
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October 02, 2018, 01:33:15 PM
 #80

making an ICO project is not difficult to do because it is so many ICO projects that are now emerging, that this is a problem when it is easy to make an ICO project misused by some people who have evil intentions
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