ETH and ICOs - Do you think that the decline of ETH price will affect ICOs?

[blitz888]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

[TimeTeller]

I believe it will not affect an ongoing ICO project as long as the project is genuine with very high potential to hit in the market.
Sometimes, it's how the team promotes their project. There are times that crap projects with very articulate marketing team can acquire huge amount of money, while an innovative one with poor marketing can't even get an audience from the community.
So long that a project is authentic in their goals and has very strong team, I think the eth price is not that significant. Maybe, you can buy more tokens now with the current value. 

[blitz888]

I believe it will not affect an ongoing ICO project as long as the project is genuine with very high potential to hit in the market.
Sometimes, it's how the team promotes their project. There are times that crap projects with very articulate marketing team can acquire huge amount of money, while an innovative one with poor marketing can't even get an audience from the community.
So long that a project is authentic in their goals and has very strong team, I think the eth price is not that significant. Maybe, you can buy more tokens now with the current value. 

Promotion indeed plays a big role to the overall success of an ICO. So, in your case, if you come across a great project and you have the funds to invest, you wouldn't consider putting off your investment even if ETH appears to fall below 200USD again?

[Leah38]

Good day! A lot of ICOs has stopped or postponed their ICOs already due to the decline of Ethereum value. They are at a loss and in doubt to be able to reach soft cap. But there are some ICOs who has team members that works at their ends to be able to provide investors the tokens that is worth investing. If a project is confident to keep their ICO going despite this market crash is a thumbs up for me.

[tomahawk9]

I think it's been quite the opposite, the massive ETH sell-off from ICO has been affecting the ETH. Remember that most of the ICO hold their funds in ETH, so in order to protect those funds from the beark market which has affected the entire crypto space, ICO needs to conver their funds into BTC or fiat currency.

It does seem like the sell-off has stopped since the ETH has managed to recover above the $200, we'll have to wait and see what happens now, we could see a reversal in market sentiment to try to guess what the next move from ICO's will be. If the pattern stays the same and the ETF price doesn't drop, I don't think it'll keep affecting ICO, at least for the time being.

[slaman29]

Actually, ICOs and DApps should be happy about this. Think about gas prices for starters, when ETH was at $1.3k, can you imagine how expensive it would have been to use a DApp for 1 user if he did it 10 times a day? And do you think people are more or less willing to invest ETH into ICOs when ETH was so expensive to buy? Now you can buy $2300 worth of ETH and invest 10 ETH and get bonuses. And people stocking up on ETH now means more investors ready to invest later on.

That anyway is the side issue. ETH price is today what it is mostly because of all the useless ICOs and DAPPs being put out for over 1 year. All hype and price, no value. This is literally the price to pay.

[sunsilk]

Price do matter for projects that has great quality. They are affected with the current dip but the project will keep on following its program and plans but as part of smart contract, they are affected with what ETH is experiencing.

ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.

[bob3772]

I don't think it will influence how many ICOs are conducted using ETH but I'm unsure of how it might change their results. I feel like some people may decide to invest because they see it being a good investment as ETH is at a low price and will likely grow. On the other hand if ETH price increases then it's likely the ETH/ICOTOKEN price will fall and they'll end up losing out on ETH.

[secondhandlark5]

Yes it wil because the main payment method of ICOs are Ethereum. Otherwise is it also important to know that the funded amounts of projects are also in ETH and that they decide to sell it for FIAT after a period.

[gantez]

It is possible to affect icos because they are going to be getting lesser amount of etheruem for same unit of tokens. Such time is benefiting to the investors more. No wonder some icos are taking time to start up now while some are on pause.

[tdeannova]

see special erc20 tokens that have entered the top 100 coins, they have great and reliable products, so prices are not affected by ethereum decline. indeed for ico there is a little impact and some ico have difficulty reaching their target. cheap ethereum prices make investors unwilling to issue their assets, because ico average is set at a dollar price, not eth.

[blitz888]

Actually, ICOs and DApps should be happy about this. Think about gas prices for starters, when ETH was at $1.3k, can you imagine how expensive it would have been to use a DApp for 1 user if he did it 10 times a day? And do you think people are more or less willing to invest ETH into ICOs when ETH was so expensive to buy? Now you can buy $2300 worth of ETH and invest 10 ETH and get bonuses. And people stocking up on ETH now means more investors ready to invest later on.

That anyway is the side issue. ETH price is today what it is mostly because of all the useless ICOs and DAPPs being put out for over 1 year. All hype and price, no value. This is literally the price to pay.

Good point. That's certainly another way to look at it.

and yes, it is noticeable that ICOs are kind of deteriorating in terms of quality. I hope it doesn't mean that we're running out ideas and legit use cases

[Teraboy]

Price do matter for projects that has great quality. They are affected with the current dip but the project will keep on following its program and plans but as part of smart contract, they are affected with what ETH is experiencing.

ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.

In fact that they are getting a huge impact when there was a big bearish trend that was affecting the whole assets in the cryptocurrency. I never seen any correlation between the price of ethereum and these ethereum assets. remember there are some of them can defend their price even in the bearish trend.,

[drlukacs]

Of course almost ICO projects are being affected because of low price of ETH . Almost ICO projects are trying to delay their ICO till the end of this year cause they're waiting till price of ETH rise back. LOL. But with really good ICO projects, ETH price is not a reallly important problem and they still could reach to hardcap very quickly.

[havoc928]

I think we have too many ICO so it will effect to ETH price. when people buy ETH to invest into ICO make ETH price go up then ICO owner dump their ETH make ETH price fall down.

[Javi_Anibarro]

Of course almost ICO projects are being affected because of low price of ETH . Almost ICO projects are trying to delay their ICO till the end of this year cause they're waiting till price of ETH rise back. LOL. But with really good ICO projects, ETH price is not a reallly important problem and they still could reach to hardcap very quickly.

The only thing that makes a sense from your comment was this;

Of course almost ICO projects are being affected because of low price of ETH

Peoples are starting to forget the basic and their place right now,do you think anything related to ICO and ETH will stay strong if ETH goes down to around $1 or even $0 ?
Do not forget that most ICO was created based on ERC20,and that was a ETH smart contract.If peoples are losing their faith on ETH,that also means peoples are losing their faith into any ICO or everything related to ETH.
Of course,because of that the price will be declined sharply.It is pretty simple,but lately peoples are dreaming a lot about lambo and other shit.
that was why nobody can figure this simple thing out.

[carlisle1]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

Icp won't be affected by the lower value of ethereum because this is happening since the second month of this 2018 for that meaning market is stable ,and talking about ico?theres nothing to be affected because it is dying for the reason all of them are scammers.and you can only count in fingers the legitimate

[omonuyak]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

Definately, the low in price of ethereum is going to affect icos projects.  Many projects are currently abandoned because of this and it will actually take great investment for some of them to come back to life.  I don't think we are going to have a new tokens that are not going to lose in the market because of the dumped of ethereum.

[the13thsymphony]

I think it will be affected in a way specially with ICOs that use ETH as their main crypto for buying their tokens, also it is also indirectly affected as each crypto is dependent in the price of ETH and BTC. As you can see usually if the prices of either of the two top crypto is good the altcoins is soon to follow.

[ashmodeus]

Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?

basically it very affect ,
for the proof,
u can see , most ico now try to extend their ico for waiting a good price of eth.
even they paused their sale,
but if u asking about great quality , of course price is no matter.
but where the great quality on this year ?
most of them going to the deep.