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Author Topic: Russian ICO's  (Read 701 times)
DenysM
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October 23, 2018, 11:51:51 AM
 #21

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear

I don't understand the correlation of European investors to Russian starts up. Why would European investors simply stop on investing because the ICO is run by Russian? Care to explain what legendary story you got? This for me is just a conspiracy theory and nothing more. I guess you're trying to put some political colours but sad to say crypto has no boundaries.

Perhaps you have a little investment experience so you think so. If the team is from Russia and the project is launched in Russia, then at 99% it is a fraud. If you analyze the projects that were carried out in Russia, then you will see that all of them turned out to be scammers, only a few turned out to be legal. You can go to the Russian section and see how many fraudulent projects. Or ask any Russian-speaking person ,he trusts a team from Russia. The answer will be - no.
You can also read this article. It describes how Russian projects after collecting money buy expensive cars for themselves, divide money, but no one is involved in the project, and so on. You will be interested to read.
https://forklog.com/mertvogo-osla-ushi-a-ne-blokchejn-rossijskie-ico-startapy-pogryazli-v-raspryah-vmesto-razrabotki/
Universa/ZONTO/HOQU/SBC Platform/ - this is only a small part of the scam

aalborg
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October 23, 2018, 11:56:40 AM
 #22

European investors have more money and they do believe more to european and american ICOs. It is not related only to tokensales but in general to whole crypto projects.
As you see there is an advertisement on this forum on fake team changelly, they are also pretended to be european start up, there is another case as well- ICObazaar. They are russians,but hide it.
adworker
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October 23, 2018, 12:04:45 PM
 #23

The main criterion when choosing a startup should be the uniquiness, the benefits of this technology and the experience of the team. From which country the developers shouldn't matter. There are many scammers all over the world. Exactly like decent people.

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rafa_uefa3
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October 23, 2018, 12:18:17 PM
 #24

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear

I don't understand the correlation of European investors to Russian starts up. Why would European investors simply stop on investing because the ICO is run by Russian? Care to explain what legendary story you got? This for me is just a conspiracy theory and nothing more. I guess you're trying to put some political colours but sad to say crypto has no boundaries.

i think topic starter means negative aspect about russian based ICO, and in a certain part he is right. Just remember about promising
Universa (founders even didn't know how many assets they rose, then they brawled among themselves), Hoqu (also brawled). My suggestion it's
all coming from 1990s from russian mafia, thievish richmen, stereotype movies and so on...

But in other part there are many good and honest projects - like Waves, MPCX (ceo is russian), maybe other, just can't remember now...

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aalborg
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October 23, 2018, 12:30:05 PM
 #25

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear

I don't understand the correlation of European investors to Russian starts up. Why would European investors simply stop on investing because the ICO is run by Russian? Care to explain what legendary story you got? This for me is just a conspiracy theory and nothing more. I guess you're trying to put some political colours but sad to say crypto has no boundaries.

i think topic starter means negative aspect about russian based ICO, and in a certain part he is right. Just remember about promising
Universa (founders even didn't know how many assets they rose, then they brawled among themselves), Hoqu (also brawled). My suggestion it's
all coming from 1990s from russian mafia, thievish richmen, stereotype movies and so on...

But in other part there are many good and honest projects - like Waves, MPCX (ceo is russian), maybe other, just can't remember now...
never heard about MPCX, just checked out them, looks like ordinary ICO, nothing special.
As for Universa I gained 5x on their ICO, but now it is below ico price like whole market. To be honest it is the only product I believe , their github has regular commitments, their CEO makes reports every week and a lot of activity in general.
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October 23, 2018, 12:37:11 PM
 #26

If, when analyzing the project, I understand that the birthplace of the project is Russia, then for me the interest in the project immediately tends to zero. I definitely will not invest in such a project. By the way, I recently read an article about what "successes" projects from Russia have achieved in a year, after successfully completing their ICO. The results are disappointing to say the least.
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October 23, 2018, 12:38:14 PM
 #27

I see nothing wrong with Russian ICOs. By no means. I know a lot of successful projects, Universa, Waves, which had very successful ICO and collected very large investments, besides, they did not disappear, but continue to work and implement the blockchain not only in Russia but all over the world. If you want to focus on the nationality of projects, it should be noted that in almost every country of the world there are bad and good people, and you do not judge the nation by one person.
DoubleShow
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October 23, 2018, 12:39:15 PM
 #28

Unfortunately in my practice, found only two ICO from Russia and they both turned out to be a fraud. So on my experience, I have proven that Russian developers are often not honest. I'm certainly not saying that about all Russians, but in the field ICO a lot of problems with the Russians.

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Turkish88
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October 23, 2018, 01:37:23 PM
 #29

Russian ICO is another story.
Russian guys also dont believe to russian ICO's ))
Crypto is the young field and its bad what russians show they from bad side

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October 23, 2018, 01:39:19 PM
 #30

I don't think icos nationality matter that much.

Russian ico can be a scam or can be the next thing. Nothing solid about that and being Russian doesn't guarantee anything good or bad.

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CHE}|{OK
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October 23, 2018, 01:58:21 PM
 #31

I believe that all projects from Russia are not able to do something valuable. In my memory there is no project from Russia that would be successful and popular. I trust Asians more.

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October 23, 2018, 02:10:31 PM
 #32

I don't think it will have any effect, because his lack of focus will result in their losses in investment, it can be seen that many Russians are also interested in joining here.
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October 23, 2018, 06:03:23 PM
 #33

There is such stereotype. And Russian projects really need to give everything to destroy it. This was due to the initial negative experience of Russian projects. But recently I saw a project about an application for mining through sports training. I thought it was interesting and I use this application myself.
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October 23, 2018, 06:25:08 PM
 #34

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear
I think for now not only patterned on the Russian because many ICO projects have teams from various countries. There are also those from developing countries who also try to make ICO projects. We cannot be pegged to just one country, this is universal for all countries. I also see that there are also many potential investors from Asia such as China and Japan.

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Nowherman
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October 24, 2018, 01:45:16 AM
 #35

Russia is trying to legalize cryptocurrencies for the second year, and the authorities are failing to finally decide on this issue. Apparently, therefore, many Russian ICO projects are trying to go under European brands, so as not to be prosecuted. Although the Russian Central Bank successfully tested the conduct of ICO and is ready to create an appropriate platform.

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October 24, 2018, 01:48:58 PM
 #36

Russian ICO is another story.
Russian guys also dont believe to russian ICO's ))
Crypto is the young field and its bad what russians show they from bad side

i'm also not believe in Russian ICO =) until they prove the opposite, the truth is that (and it concerned not only Russian ptojects, but mostly them ) that when founders rose some money - they don't wanna work on the product. For me better when tokens are locked for 1 year minimum, better for several years, crypto is a fast river, only such projects will survive...

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Docbee
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October 24, 2018, 01:54:32 PM
 #37

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear
I can't quite understand your point do you mean Russians are hiding their real identity to investors? If that is what you mean i think any startup project should be build on trust as foundation, hiding true identity is absolutely not right.
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October 24, 2018, 01:58:17 PM
 #38

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear


Yes, I agree
there are many developers from russia although ico has a road map in europe or america. almost most Russians, maybe this is because of Russian competition not to use the dollar instead. this is just my assumption
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October 24, 2018, 02:00:05 PM
 #39

Hello everybody!
Many Russian startups are trying not to focus on the fact that they are from Russia. According to legend, this could stop a potential European investor. Europeans, be honest, is this meaningful to you? Really interesting  Wink

Let's talk about ICO investments, to be quiet clear
not really understand what you wanna express? what's the matter of russian?
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October 24, 2018, 02:01:22 PM
 #40

As I recall too many Russian's projects are implemented now and some of them are not a good investment and some of them I read and encountered that are scam, no offense for the russian's country. But it was good those who are advisory in russia.

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