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Author Topic: Are the ico days over  (Read 215 times)
Onuohakk (OP)
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November 27, 2018, 09:18:08 PM
 #1

Well the cryptocurrency market is really dropping fast and investor are now even more calculated in there doings. It's no news by now that ico are generally scams this days which leads to the question will they survive this harsh conditions?

Although there are some still go ico around that has signs of a futuristic progress they are still hard to find.

I read and article about STO(security token offering) and the comparison with ico.

https://bitcoinist.com/sto-sexier-ico-end/

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November 28, 2018, 12:39:39 AM
 #2

They could still survive but it won't be as easy as before. Since price is falling, there'll be less new comers and some ppl are also leaving the crypto market so overall less potential customers for them.

Imo, the current market condition actually creates a general mood, like if its an uptrend, ppl are more likely to believe that something could rose up the way bitcoin or other altcoins did (or some other similar marketing). And yea if were talking about the most gullible, its gotta be the new comers.

Oh and sto's, I think it wouldn't shine unless ICO's are completely eradicated. You see, devs are still given a choice and they will likely go for the easy route.

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November 28, 2018, 02:50:45 AM
 #3

Sourcing for funds in this present market situation is a very audacious task, and a large percentage of ICOs fail to raise even a single dollar, and only a very minute percentage raises as much as a million dollars.

When you figure in scams and government regulations, ico investments become doubly tricky. When you do find a good project, it could make all the difference in your portfolio.
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November 28, 2018, 03:03:36 AM
 #4

Well the cryptocurrency market is really dropping fast and investor are now even more calculated in there doings. It's no news by now that ico are generally scams this days which leads to the question will they survive this harsh conditions?

Although there are some still go ico around that has signs of a futuristic progress they are still hard to find.

I read and article about STO(security token offering) and the comparison with ico.

https://bitcoinist.com/sto-sexier-ico-end/

It is sad to hear that but it is true. The days of ico will not last longer. There are not much ico launching at that time.
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November 28, 2018, 03:06:32 AM
 #5

Not yet, if its over then there will be no more ICO nowadays but we still see so they are still alive and its not yet done. I guess that STO's are the new ICO in the fewer as these companies has no choice but to use that feature instead of making it as utility tokens.

But you can only participate if you are willing to submit with their KYC. We will see on how 2019 is going to make this on trend but I think there would still some ICOs that will launch their own proposals and will try something new but will remain as an ICO.

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November 28, 2018, 03:30:20 AM
 #6

ICOs are definitely not over and I really don't see them going away any time soon. People are just significantly more cautious and a lot smarter in picking ICOs right now, compared to before due to a lot of the ICO tokens currently worth significantly less(even going as low as -95% from all time high).

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Zhen Zhibing
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November 28, 2018, 03:33:20 AM
 #7

FOMO time of ICO has been over, we see that new ICOs are still born everyday but only a few ICO can reach soft cap, hard cap is impossible.
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November 28, 2018, 03:33:22 AM
 #8

the only reason why ICOs became a thing last year was because in 2017 there was a big surge of newbie investors in bitcoin that were also looking elsewhere to make a lot of money since that was what most of them were promised to find here.
so now that the newbie infestation is over, the ICOs are also failing to raise any money. of course there has been some cases where they could get some of the desperate bag holders to invest but nothing more than that. it still remains a gamble but now with worse odds.
changing some stuff about it and calling it STO is not going to revive it either.

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November 28, 2018, 04:52:47 AM
 #9

Not yet over I can still see some ICO that raised millions of dollars up to now even in a bear market some projects also postponed ICO because they said sold out in presale like foresting and sgame pro for example but I dont know if this is real, for now only big players are interested in investing in this ICOs because of huge discounts that affect the small ico investors upon listing on exchanges the ICO system must be and must be regulated into a more strict policies to protect investors like op said about the new system the STO where owners must submit all papers required like kyc/aml before starting a token offering. 

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November 28, 2018, 05:37:56 AM
 #10

Definitly not over, but its way harder for ICOs to attract investors. The good thing is that the market gets rid of those projects without a real use like "we build a fast browser with wallet integration". There are still a lot of projects which were capable of raising millions of dollars (AENCO eg.), in my opinion those are the projects which will shine once the bear is dead Wink

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November 28, 2018, 05:45:18 AM
 #11

I do not think ICO's are ever going to come to an end, as always new coins will still be pumped into the market,but at the condition of the present market, the number would be considerably reduced and less ICO's would be created...

Investing in an ICO is risky I must confess,but same applies to the bitcoin and other form of cryptocurrencies,the only difference is the varying degrees of risk..

ICO's in my opinion are here to stay, we definitely would see good ones every now and then,coupled with the scams/failed ones, but that's how it's always been
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November 28, 2018, 06:55:54 AM
 #12

I think STO is the renew version of ICO and there'snothing new. There are still scams and shits. Millions people will continue being scammed by STO gambling.
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November 28, 2018, 07:48:03 AM
 #13

I do not think ICO's are ever going to come to an end, as always new coins will still be pumped into the market,but at the condition of the present market, the number would be considerably reduced and less ICO's would be created...

I'm pretty sure that's exactly what OP Means by ICO days being over lol. They're over in a sense that the vast majority won't be looking into them as simple earning opportunities anymore. This is good though, because a development like this would saturate the ICO Market with more legitimate projects. There will always be shitty ICOs, but their general reputation would take a turn for the better.

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