LingoMaster
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October 30, 2018, 04:54:48 AM |
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By Murphy's law, "Anything that can go wrong will go wrong" A crap ICO is doomed to fail one way or the other.
Like the real world, the real Gem & Gold are rare, investors just need to learn to distinguish the difference between Gold & Fool's Gold.
A real nice ICO with potential and future should have ...
1.A working product prototype instead of just Dream 2.The ICO need a Token/Coin to fix a real existing problem. 3.A lot of user to burned the Token/Coin in this ecosystem.
Check their whitepaper and you will know the reason why those ICOs failed!
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Rati24
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October 30, 2018, 05:24:43 AM |
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Yes, such reasons exist in many ico projects that came out this year or earlier. Projects create platforms that nobody needs and they all look like each other. Some create good platforms that are necessary to say so, but they have problems such as registration is too difficult and the interface is too complex for beginners. All these factors influence the final cost of the token in the future.
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Lerikaweb
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The Fourth Generation of Blockchain in DeFi
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October 30, 2018, 05:32:31 AM |
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Some projects are too underworked on the day they start the crowdfunding. People are too lazy and greedy, this is why I'm scared to see the community of decentralization.
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Bittalk12
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October 30, 2018, 06:02:08 AM |
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Those things you mentioned are some of the reasons why most ICOs nowadays are failing and give you a thumbs up for that. In iver a year i spent in crypto industry and watching those ICOs during fund raising, most of them do not actually have an actual product that could benefit us or make their altcoin to be used as a payment with that product. That's why their tokens are having hard time to be recognized and multiply its price.
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bagikoin
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October 30, 2018, 06:22:50 AM |
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many of the ICO appear without a definite concept and even just target the hype for the sake of personal gain. It's certainly become a bad thing and certainly, much ICO failed because of those reasons. selective in ICO to this is something that should be a priority. building on the Foundation of the concept of the ICO and a quality team is the thing to do.
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Braeden Hahn
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October 30, 2018, 11:21:44 AM |
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The specifics are good. But it has to be reached out to the providers and they must follow these instructions. The investors won't be able to fix this unless they try their own providing.
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kincit88
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October 30, 2018, 11:28:36 AM |
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Agree with you, most of the project forgot about your point and that's the reason why a lots of ico's falling. We really need very carefully when want to invest in icos because the situation of this year isn't good for people's who want to invest in ico's.
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Kasen Matthews
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October 30, 2018, 11:49:25 AM |
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Agree with you. All of these are reasons for the falling. Also most of projects do not have any working product so the investors do not give much attention to them. Of course there are many legit projects,but they are very few.
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spngebob
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October 30, 2018, 11:54:25 AM |
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I would add more reasons why ICO's will fail, investors left these market because they lose money investing in projects which fail or run off, another reason is that everything is already seen, it seem there is no too much new ideas and investors don't want to invest money in old idea which is repeating over and over again.
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r_delossa
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October 30, 2018, 12:00:11 PM |
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The market is falling and everything depends on BTC. We are losing a lot of people, because of too long bearish run. We need another pump and another wave of great investors, that could bring the market on new hights.
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ecnalubma
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October 30, 2018, 12:15:54 PM |
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Its important to evaluate every investment that we wanted to participate into specially ICO’s. That’s the risk involved and not all business end up successful, Even the projects are too good and had great team market situation is sometimes a concern but doesn’t mean that those projects are losing value as long as the development continues it will positively survive in the end.
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jossiel
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October 30, 2018, 12:31:17 PM |
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Forget the bad user interface, regardless of how good the user interface but the project is totally crap no one will stay and going to invest with that coin.
Trend is changing as time passes by and people are learning that ICOs are only giving space to the scammers out there. Things will change soon and there will be new develop way of crowdfunding in a safer way.
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Betwrong
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October 30, 2018, 01:29:40 PM |
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That's right, all of these are reasons for the failing.
There are other ico that invest a lot in hype, try to appear they are going to make a lot of partnerships, and the Price goes up. Then later it just fail spectacularly.
In my experience, most of ico are just pump and dump... Of course there are many legit projects, but they are very few
I've noticed that many ICOs are lying about their partnership with famous companies. In some cases it is so straightforward that after clicking on a company's link you are redirected to a fake site. People should research a little bit more before starting working for an ICO or investing in it. But, like you said, there many legit projects as well. Btw, I think ICOs which invest a lot in hype are mostly good ones. The worst projects are those which don't invest much in anything.
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mayan251
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October 30, 2018, 01:58:02 PM |
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You're right. Now the cost of creating an altcoins, tokens is very low. So they are all financing and raising funds. However, it has forgotten the practical use of creating a altcoins, tokens. And there are so many fraudulent projects. So this has created the present situation. Many projects are hard to raise funds.
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xianbits
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October 30, 2018, 02:00:29 PM |
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Not to mention that there are ICOs who were run by scammers. Too good if it happens that the truth is revealed in an early stage. But yes, I agree a working product is a good indicator for its success.
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cherryganda
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October 30, 2018, 02:01:51 PM |
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There are many ICO who are just a scam. This also affect the credibility of other legit project. Investors are afraid to join some ICO even they are legit because of the situation in ICO investment.
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dataispower
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October 30, 2018, 02:04:52 PM |
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That's right, all of these are reasons for the failing.
There are other ico that invest a lot in hype, try to appear they are going to make a lot of partnerships, and the Price goes up. Then later it just fail spectacularly.
In my experience, most of ico are just pump and dump... Of course there are many legit projects, but they are very few
Agree with you, There are many good ICO and have true partner, it will surely succeed and the price will go up. But there are also a lot of scam ICOs with fake partner info. I see right now there are so many ICOs with huge partners, but it still fails because they are fake. Be careful with ICOs now, too scam
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tramadols
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CAT.EX Exchange
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October 30, 2018, 02:06:08 PM |
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I agree to the second and third statement. most ico do not survive in the long run, and the level of difficulty to increase the value of the token. the team and developer do not run progress according to white paper, especially the road map
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milewilda
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October 30, 2018, 02:06:58 PM |
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More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here. - 1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens. - 2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens. - 3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.
Talking generally this is the most precise reason why we do see failures of these projects even upto now.We dont actually see the true "PURPOSE" of such token creation plus also having the bear market plus scam projects then no doubt it would really resulted on this way.There's no need to have lots of tokens in the market without having no definite purpose or aims.
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felissss500@gmail.com
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October 30, 2018, 02:09:17 PM |
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The viability of altcoins depends on the performance of the project team, and the usefulness and importance of the project itself. and customer focus. That is, the buyer must see the potential of the coin. from poop do not blind candy
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