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Author Topic: Is it true that 99% of ICOs are either failed or scam?  (Read 1041 times)
-Newera-
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December 13, 2018, 02:31:24 PM
 #61

A statistic for the year 2017 has shown that over 80% of the ICOs were scams in this year. For the year 2018 I have not found any exact statistics, but I assume that the statistics will not have changed much. There is a tendency for even more ICOS scam projecte than 2017.

https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
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December 13, 2018, 03:28:57 PM
 #62

Anyone who claims that 99% of all projects is a scam - probably a bit exaggerating, but i can agree that most of the projects will not fulfill any investors' expectations, however much we want this and however much we try to prove  somethihg else.
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December 13, 2018, 03:50:22 PM
 #63

Maybe this year that could be true, I still doubt it is %99 because that is a lot of failed projects but if you only accept the ICO's that managed to get funded %100 and than started out I doubt that number is that high. There is a threshold there, if an ICO is funded 100% on their goal there is a big chance they will survive, however if they fail to get funding from the people than yeah all of them fail.

Moreover, the ones that manage to get funded are still doing horrible in 2018 as expected because everything else is getting low as well but last year during the height of both crypto and ICO's, you could invest into ANY ICO you want and still make money from them, there was a dude called "thegobone" and he invested into multiple ICO's last year and always made a profit since everything went up in price.

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December 13, 2018, 03:51:44 PM
 #64

In most cases, in a market like today, we can say that this is so because it happens that many projects simply cannot collect anything and, as a rule, they simply close their projects or pause or prolong their fees.
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December 13, 2018, 03:54:04 PM
 #65

Thre are so many ICO who failed and some turned out to be a scam.
But 99 percent is not a good figure to tell.
tehre are also many ICO which is legit and gain the success.
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December 13, 2018, 04:04:31 PM
 #66

It's not true, not majority of ICOs are scam,  in actual fact we have so many good ICOs with novel ideas and solutions but this bearish market makes it look like all the ICOs are scam or either fail, some get frustrated out of the space because they can't raise enough fund no matter how many times they extend token sale but there are still some devs that pull through and deliver on the roadmap and whitepaper
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December 13, 2018, 04:07:05 PM
 #67

I think ninety nine percent of ICO are not scam. There is scam ICO out there no doubt but to say ninety nine percent of ICO is scam will be incorrect! ICO time is coming to a close and the regulatory space would be favouring STO in the future!

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magnat7691
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December 13, 2018, 04:09:37 PM
 #68

At the peak of its popularity, ICO really invested money indiscriminately. People did not pay attention to what the product will be developed as a result.

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December 13, 2018, 04:11:45 PM
 #69

i invested in few icos i have got nothing but a huge loss they are not scams but they are not worthy. I have come accross one ico that is like best ico of 2018 but finally raised money and they not even responding in the telegram. yes i agree 99% have failed but not scams

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December 13, 2018, 04:15:36 PM
 #70

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.
Unfortunately, some projects raised money after spending ICO, did not continue working on the project, or simply disappeared. But there are also projects that work on projects, communicate with their community, and report news about changes in the project.

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December 13, 2018, 04:16:16 PM
 #71

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.
nothing good about this market though.
I think 99.9% ICOs are not good investments.
even it succeed, price would be down so much when listed on exchange.

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December 13, 2018, 04:48:11 PM
 #72

Absolutely YES, 2018 is a bad for crypto currency is not what will expect we are experiencing now , real bounty, airdrop, or ICOs has being done 2017. What ICOs keep failing us.

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December 13, 2018, 04:56:14 PM
 #73

yes you are right now a lot of ICO scam and many of them fled after getting a lot of money from investor and I really hate ico scam
for that we must be careful in determining bounty and ico so that we don't work in vain or lose all investment we have made

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December 14, 2018, 12:06:17 PM
 #74

I think ninety nine percent of ICO are not scam. There is scam ICO out there no doubt but to say ninety nine percent of ICO is scam will be incorrect! ICO time is coming to a close and the regulatory space would be favouring STO in the future!
I begin to strain very strongly such statements which say that the ICO is the elapsed time and so on. Today, many projects still hold very fruitful fees. I can confidently say because I see
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December 14, 2018, 12:12:13 PM
 #75

Nowadays, almost all of the ico have experienced a considerable decline. in terms of quality up to their funding. one of the consequences is that ico is getting worse now
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December 14, 2018, 12:19:53 PM
 #76

for several months this is true, ICOs if they fail to meet the target of achievement can also occur a scam. that was what I experienced in following several bounty campaigns.
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December 14, 2018, 01:08:44 PM
 #77

Most ICOs are fraudsters, and if this is a real project, then it’s hard to get up in such a difficult time when people are afraid to invest.
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December 14, 2018, 01:09:42 PM
 #78

According to various estimates, fraudulent ICO brought its creators from $ 851 million to $1 billion. There are quite a few examples when the organizers of such ICO tried to bring to justice
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December 14, 2018, 01:12:04 PM
 #79

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.
Yes, that is unfortunately true. I have experienced it myself and have therefore stopped with bounties or investing in icos.  Cry
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December 14, 2018, 01:56:53 PM
 #80

no, that's not true. some ico are scams but if you say 99% ico is a scam I think it's too much, the number of successful ico real is also not small

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