what problems exist in ICO

[trash321]

If we talk about today, the problems today are only in the scam projects that have flooded this sphere today, since today many people are really going to deceive other people, how are we going to move on if deception is everywhere.

[doanlang]

Your article has covered all the things I was thinking. I think the most worrisome issue of the ICO today is capital mobilization and community selling. This causes severe damage to the ICO.

[satgoldan]

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

Well, it is for this purpose that distinction identification procedures are carried out for project developers, I think that today many people pay attention to this: honest developers will not hide their team, on the contrary, professionals need to show themselves to investors. For this we need DECENTRALIZED ICO-trackers, which are not dependent on anyone. Scammers can simply pay the administrators of a platform for a good rating.

[RockBar0]

At present, some issues that exist in the ICO are quite complex, there are quite a few ICO projects that exist anonymously and deceive users, some members involved in the ICO program always seek to deceive us. So we should be careful, do not let them cheat

[Aio.Community]

You are right. There are so many problems now in ICO projects.  Most of them are failed to show the product finally. All they do just fake promises and make the investors losing their money. 

That is why we are collecting a decentralized community that can break this vector of fraudulent schemes.

[Aio.Community]

Well it’s a good post. I like that you have cleared your statements properly and I am completely agree with you. Most of the ICOs are just making promise but cannot show the final product and thus people losing faith.   

Thank you. we just started a long job in the ICO market. together we can achieve a lot. Now scammers are getting smarter, and many people participate in their schemes.

[Aio.Community]

You almost mentioned all the problem exist in ICO mate and these are all true and these are all the main reasons why people are afraid to invest.But sad to say that there are many newbies that are not familiarize with ico  and yet they still invest with it and they end up losing their money.

the problem is that everyone is consumed by the gold rush. everyone wants to make money fast, and fraudulent projects are aimed at such investors. in the crypto world there are no supporters to protect investors.

[Aio.Community]

One of the problems, in my opinion, is that there are too many fraudulent icos in this market. Although, the tendency of reducing the concentration of them in the market already exists - people are getting smarter, and for scammers is not so easy now to deceive people as before. it becomes simply not profitable to conduct such "projects".
Another problem is the high volatility of the Crypto-currency; this problem will gradually disappear with the growth of the market, I think.

we all count on it. there is such a tendency, but the projects that were made to steal funds gained the support of well-known advisers. it was and will be more than once. we say that a project without paid consultants is more profitable than projects that buy interest in their project. .

[Aio.Community]

I think the main problems with ICO at the moment are projects being run by inexperienced business people and that have not done proper cost analysis of bringing their project to completion. Is there really room for any more chains that want to do crypto different or is it time to look at only project with real world application?

such projects have great ideas, but no team, no finance. and after they collect some money they do not understand what to do with them. 90% of all projects do not survive and 1 year.

[trash321]

Speaking about today, I think that the biggest problem is that today people are very much exposed to scam projects, which today clearly imply theft of money. It’s obvious that many people are simply swallowed up by greed and they very often just don’t understand what they are doing.

[Aio.Community]

There are different problems that exist in ICO, some are identified to the team while the others are associated with the ICO community,,  the ICO supposed to be focused not only on raising fund with big community but to be committed to invention and production of a working product as what Blockchain technology is to find solution  to existing problems of man, some ICOs are not committed to full development of the whitepaper according to their roadmap which is to the detriment of the investors and every other person that support the ICO

totally agree with you. TNX

[Aio.Community]

The biggest problems of ICO investors were lot of scam ICOs so they are afraid to invest on the new projects which affects the total market but the issue comes with the investors who don't have enough knowledge about the crypto currencies but still trying to invest on the crypto currencies and ICOs so scammers use them as easy victims and steal all their money so they need to update themselves to differentiate legit and scam.

good and bold words. and how to achieve this ??

[Tarion]

Great article! Thank you very much for sharing this! 2018 was very hard for the ICOs but with the new wave of fresh investors, the market will recover, as well as the ICOs is general.

[dimonarka]

The first problem is to find a quality and good ICO, because it is not easy. as well as users and investors have no guarantee in security and authenticity of the project

[Aio.Community]

ICO's collect moneys in ETH, i think is not right price of ETH very volatile.
Need to collect in some stable coins

it's not about the coins, it's about the matter. if fraudsters are identified before the release of the project to the trackers, then we will be able to reduce the risk of losses from investors. and we have that solution. ico.aio.community

[Aio.Community]

This is really nice issue and this post has addressed important issues that will help to develop the ICO of any project as well as the market of crypto currency. The concern and suggestions by the AIO community is really commendable and it needs to be implemented soon.

Thank you. You can find more information about our ideas and tools. I in no way urge you to participate in our project, but it will be interesting to see. we guarantee it)) our website  ico.aio.community

[Aio.Community]

This has been a good issue that was brought to this forum regarding AIO community. I believe that there are still good ICO's that are legit and true to it's promises however, there are ICO's that had scammed many people to invest and just leave out of thin air. Most of these scam ICO's don't even bother to pay the bounty hunter's from their participation in the signature bounty campaign. I would suggest that prior to giving the ICO to join in this forum is that ICO should undergo strict screening in fairness to the ICO investors and bounty hunters.

It seems to me that in the bounty hunt there is a problem. they earn on attraction. they are not interested in the project, they bring people into the project and take their money. Do you think this is correct ??

[Svarora]

what i observe while investing in an ico is that most of the product does not match with reality. team generally offer an incomplete product or service and then suddenly found it unsuitable according to reality. many investor are now understanding that whether particular project complete the need of market or not. so the project unable to raise the fund properly

[Aio.Community]

Well that is true i invested to Helbiz a mobility provider platform they deceive many investor by dumping their coin , adding additional tokens to total supply , token burn wallet tokens are sold in idex instead of burning and told that someone hack the account no development transparency with their investor ! Thats why i switch with Trustedcars a well known company in Germany for automotive mobility provider . They are running their tokensale to mass adopt blockchain technology that will benefited both dealers and user by having cheaper cost , fast transaction and transparency . So i can say that they can deliver their decentralized platform because their car dealership platform is already implemented

everyone went through that. many lost hundreds of thousands of $. therefore we create a platform where there will be a guarantee before the investor and the project.

[Aio.Community]

It’s really a great post, very informative and you explained it very well. You are right. Nowadays ICOs are really getting out of hand and people are facing many problems. The things you have mentioned for solution is really good.

TNX.  join https://t.me/AIOCommunity