what problems exist in ICO

[Aio.Community]

In principle, everything is true, the biggest trouble is precisely that many investors do not see the final product!

Thank you. but there are still many problems before the product. join https://t.me/AIOCommunity

[Aio.Community]

Now the big problem is that they want to collect a lot of investments, more than what the product is worth.
People are not ready to take risks and invest big money

people will always invest their funds. it is a fear to miss profit

[Aio.Community]

One of the biggest problems that the ICOs are plagued with right now is that the owners are often making selfish decisions and thinking of their own profit only in the long run. Having a proven product or prototype before starting the ICO would have easily solved the problems but ICOs are now more focused on reaching their soft/hard cap first more than anything.

   That's one problem directly connected with team leaders behind the ICO.
New projects have problems in beginning, they aim to become reputable
businesses one day, and road to that isn't easy. Great team with a great idea
needs to make sure product to be great too, for marketing cause like that
project will come to customers and supporters. Many things can go wrong,
competition is one of them.
   I think this list of possible problems can be very long. Problems exists to be
solved, good team can handle everything. When you invest in ICO watch the team
behind, good team deals with problems and makes progress.

yes you are completely right. A strong team is the key to success.

[Aio.Community]

Information digest on development of 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.

The largest difficulties associated with ICO traders had been large amount of rip-off ICOs so that they are scared to get about the brand new tasks that impacts the entire marketplace however the concern includes the actual traders that do not have sufficient understanding of the actual crypto foreign currencies but nonetheless attempting to commit about the crypto foreign currencies as well as ICOs therefore con artists rely on them because simple sufferers as well as grab almost all their cash, therefore, they have to revise on their own in order to distinguish legitimate as well as rip-off.

in a sense, you are right. but there are many questions in your post.

[Aio.Community]

For me, the common problem is not the ICO itself. The problem is the service or the product after the ICO, some are doing nothing which mean the development and roadmap will  definitely affected and the price will gonna dump as low as it can. This is the common thing why the existing coins/token become a shitcoins. The ICO is a good thing, specially if you understand the vision of the project. They need to get some funds to make the idea become reality.

We do not believe that the main task of ICO is to sell on the exchange. any good idea on the stock exchange can easily turn into dust. Exchange is a very difficult decision for the project. open water is full of big sharks

[Aio.Community]

For me, the common problem is not the ICO itself. The problem is the service or the product after the ICO, some are doing nothing which mean the development and roadmap will  definitely affected and the price will gonna dump as low as it can. This is the common thing why the existing coins/token become a shitcoins. The ICO is a good thing, specially if you understand the vision of the project. They need to get some funds to make the idea become reality.

The problem is that some teams after ICO would not update the members of the community anymore as to what is happening with their project and some stop its development after the ICO completion that's why many of them do not want to get involved with ICO projects anymore. If they do not continue with it then many investors would be disappointed that's why some choose to just wait for the coins to get listed and that's the time they would buy the coins.

not fulfilling the roadmap, not wanting to develop and scale a direct path to the scam

[Aio.Community]

It is good to see someone giving proper thought to ICO's and how they could be improved. The problem we have the moment is that its not possible to see if an ico is genuine or not, the scammers outnumber those who are genuine. Its a bad way to be.

It's make also down the reputation of signature bounty campaign but for us members and followers of this community its also our duty to check properly the legitimacy of certain ICO so that the scammers don't have a chance to continue their bad and unusual doings.

glad to hear it. we could be useful for each other as well for the ICO market

[Juggy777]

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

There're various issues when it comes to ICO most notably there're very fee trust worth ico's others are made to scam users, and because of these miscreants ICO industry has taken a beating. I have personally seen all scam type of Ico's which makes me avoid even the legit ones if they show up, the entire industry of Ico's has been tarnished and till they don't make their workings mor transparent users shall not trust them with their money.

[bennypagulayan]

I find the ICO now has a lot of inadequacies, many projects are poor quality, deceptive, they always seek to appropriating the property of others, unlike before, ICO works for the purpose of product development. .

[Aio.Community]

For now is it very difficult to raise money, because people are afraid to invest in new projects. The reason is that the projects come easily under the ICO price.

I repeat. This is not about the price of the project. the cost of the project will not increase if they do nothing and produce nothing. when you raise money for ICO, the project collects not a profit, but debt obligations, and you have to pay for them in the future. many don't understand it

[Aio.Community]

Some issues I identify with many ICOs are things such as the team not expert enough and don't k now exactly how to advertise it properly particularly allocating the money for marketing which plays a massive factor since without it no one will know of the ICOs' existence. Plus the difficulty of having to thrive in such a competitive market by providing a product people will buy.

marketing is a headache. they attract investors who often kill the project. at ICO, investors buy large amounts and then sell them on the exchange. A team that is not ready for this closes the project.

[Aio.Community]

Quite interesting, although for me one of the biggest problems with the ICOs is that they overpromise, they all believe that they are going to dethrone bitcoin and take their investors to the moon, but many fail miserably, I think that above all in this bearish market you have to be more conservative with what is promised, it is necessary to be realistic with our goals, to be able to manage well the expectations of investors.

I agree. bloated promises are an acute problem of today's ICO market.

[Aio.Community]

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.

This is the main task of our platform. save and increase the number of investors.

[Aio.Community]

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.

Thanks for the kind words. The main idea of ICO is the uniqueness and decentralization of the project.

[Aio.Community]

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

That is why we can only change it together. large investors will always give a damn about midsize investors. they do not pity the cannon fodder.

[Aio.Community]

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

Unfortunately this is the case. but the crypto world has just begun to evolve. and many more people will want to enter these waters.

[CrazeCoinz]

I really appreciate your statements. This is like the way I think also.  I think the most disturbing issue of ICOs is the failure of showing final product. This reduces my trust on ICOs

This is the common problem in investing ICO once those developer get the money the development is too slow and the price will collapse as those investors will dumps their token due to no progress on making the real product. Investors will be the loser as those developer will enjoy their collected funds.

[maxim000]

The main problem is that there is a lot of projects that are just same. Then there is no MVP or a product before the ICO. People invest in blank promises. Sometimes their is new team and it becomes tough to believe that. Also, the market is decentralized, people have not much option left after getting scammed.

[Mahanton]

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

There're various issues when it comes to ICO most notably there're very fee trust worth ico's others are made to scam users, and because of these miscreants ICO industry has taken a beating. I have personally seen all scam type of Ico's which makes me avoid even the legit ones if they show up, the entire industry of Ico's has been tarnished and till they don't make their workings mor transparent users shall not trust them with their money.

Due to scams ICO reputation it do really give out tarnish which in result it do make lots of investors confidence on making investment or support into projects and legit ones is mainly affected due to lots of scam projects.
We have seen the difference of success rate of projects on last years and of this year. Lots of garbage projects and only a few legit ones but still failed up because of that effect.

[Cmoh]

There are many problems exist in the recent ICOs. Most of the ICOs are subscribed at very overpriced. Which later erode in value unbelievable price and the investors are wasting their money over the night.