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Author Topic: How common is it for an ICO to stop their sale?  (Read 114 times)
_bitbook
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September 10, 2018, 08:51:40 PM
 #1

Recently came across a project that stopped their ICO, they stated that this is due to market conditions and will resume at some point but this date has not been defined.

My question for you is, how common is this? Is this a new trend that we are seeing because the community is becoming more cautious about investing in projects?

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trahaubab
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September 10, 2018, 11:58:46 PM
 #2

not the first and not the last, crowd are very careful at the moment, for the other hand, investing in ICO looks very profitable now as the ETH price is sweet.

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September 11, 2018, 12:44:36 AM
 #3

crowd are very careful at the moment
They should always be very careful. Its their money on the line.
Yes that could be reason, or its exit strategy in their scam.

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September 11, 2018, 02:54:08 AM
 #4

I wouldn't say this is a new trend at all
elda34b
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September 11, 2018, 03:24:28 AM
 #5

My question for you is, how common is this? Is this a new trend that we are seeing because the community is becoming more cautious about investing in projects?

I believe this does not happen because they're becoming more cautious, but because they're freaked out about the current market conditions. The majority of the investor would tend to stick to their fiat holding or BTC holding before making any move to other projects/ICO because their price isn't known yet. The speculation is too high, and on top of that, the ICO itself needs to raised more ETH/BTC because the price changed. However, at a time like this, you can definitely know which project attracts a lot of investors and which projects will likely die in the near future.

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HabBear
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September 11, 2018, 05:03:47 AM
 #6

It's probably VERY common, you just don't hear about it. The types of ICOs that would stop their sale are likely those that aren't very promising to begin with. ICOs failing are common so it's not news when they cancel their sale. A hard fork attempt on a major coin (i.e., Bitcoin, Ether, Ripple) would be a different story, and would be very news worthy.

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September 11, 2018, 05:11:53 AM
 #7

All true and some reason they stop their ICO sale because of not having lots of investors and the market price.

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September 11, 2018, 05:54:28 AM
 #8

Its commonly happening.

They happen to postpone the ICO for some reasons that they aren't disclosing but I think it can be:

- they didn't met their expectation
- soft cap / hard cap wasn't met
- some team conflict
- failed marketing

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Waradlain
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September 11, 2018, 06:37:19 AM
 #9

I'm new to this but I also noticed that in the last two months the number of such cases has increased. The current situation on the market doesn't really help launch new projects.

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September 11, 2018, 06:51:29 AM
 #10

This is very common. If you search for the ANN section, there are a lot of ICOs that are now "failed", "stopped", "suspended", their ico process can't continue, some icos are scams, and some icos can't finance softcap ,all these factors will lead to the failure of icos.

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September 11, 2018, 07:12:45 AM
 #11

This is very common. If you search for the ANN section, there are a lot of ICOs that are now "failed", "stopped", "suspended", their ico process can't continue, some icos are scams, and some icos can't finance softcap ,all these factors will lead to the failure of icos.

I see a lot of "paused" icos these days which you can confidently read this as "stopped or failed". In moments of falling/uncertainty on the market it's really not easy to start.
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September 11, 2018, 07:54:31 AM
 #12

This is just an excuse for a fake ICO project. When you see some ICO projects posting such comments, you may have been cheated!
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September 11, 2018, 09:23:03 AM
 #13

Recently came across a project that stopped their ICO, they stated that this is due to market conditions and will resume at some point but this date has not been defined.

My question for you is, how common is this? Is this a new trend that we are seeing because the community is becoming more cautious about investing in projects?



Yes, this is a common trend. Startups pause or even cancel their ICOs.

After that, some of them (good projects) continue develoment using own funds while the rest (usually not so good projects) just wait for the market recovery to re-launch token sale.
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September 11, 2018, 02:47:32 PM
 #14

This is not a common thing but I believe sales during ICOs are stopped for several reasons. There is always a reasons why things happen.
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