Is it true that 99% of ICOs are either failed or scam?

[BitFinnese]

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

I agree, around less than 10% of the ICO coins survived as of this moment, though we do not know when these low collection project will shutdown.  We must do our best to identify legit ICO from fraud and scam project so that we can avoid losing our investment from these crooks.

[Sanford]

Now it seems to me to happen too. Why do I think so? because most projects are simply not accepted. Do not consider spreads, do not see dialogs. A terrible year for the last 100 days, only 4 projects paid tokens. And they almost cost nothing.

[langaw2018]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

That really happen in crypto. Some group of scammer making a dummy project just to scam people and doing there ico to hunt money of investors all want os to gain income. These scammers are those lasy people want to have profit by others hardwork. Millions of dollar bring with this people and disappear like a smoke.

[Metall303]

Now it seems to me to happen too. Why do I think so? because most projects are simply not accepted. Do not consider spreads, do not see dialogs. A terrible year for the last 100 days, only 4 projects paid tokens. And they almost cost nothing.

the same situation i see. Other projects simply delay payments. The reason is the situation in the market, that what they say. very unfair behavior from many projects. I think we must do something with such projects! Maybe we have to give them bad promotion after another delay

[azisjz4]

I am not so sure 99% ICO failed or scam. But indeed most ICOs are currently failing because of the downturn in the market situation and many ICOs that have not reached their sales targets, but there are still some ICOs who experience success. I think maybe between 70-80% of ICO failures including ICO scam

[temilade200]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

This is not a new thing in the crypto space. We will continue to see lots of them, which is why investors need to be very careful with their investments. Coins of these nature are for short term investment and there is no guarantee that you will get back the money invested, let alone getting any profit.
This calls for investing in ICOs that only have unique features and ideas, instead of throwing money into a vague one.

[a4illusionist]

In the bullish market its these ICOs that made the most profit and most of them were just scams. They made easy money and left without a trace. And i think a big reason for this bearish market is those scams also.

[cryptocyprus]

Still not 99 percent, but it's pretty close to the truth. The bottom line is that currently, all this year there have been a lot of too weak or outright ICO scams.

[judyrob]

ICO where many can still produce. It's just a scam too crowded probably because so many consider that the scam is pretty much at the ICO. If it can be selective and analyze ICO well then the scam will at least be avoided. but many who enter therein are certainly due also less careful in doing analysis on the ICO.

[Way2Paradise]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

yes, most ico seem to be scam. while there are some serious icos, finding them is not easy. hopefully that will change in 2019 and the proportion of reputable ico will increase again.

[Dilireba]

It's not true if you can't give the evidence of this number. Although, the fact that most of ICO are scam, and failed, this year there are many successful ICO reached hard cap, Online.io is one of them, raised $50 million.

[libert19]

Quite agree, however once in a while there are gems that want to bring something worthwhile to the industry, and that makes 'ICOs' worthwhile.

[Indrawan77]

If you saw that, then its time to stop investing, and try another investment, nowadays ICO is easy to make so some group of people try to make money by scamming, and a lot of the coin in the market are scam coin or abandon coin, so need to be extra careful when you decided want to invest in ICO, if you are not sure, its better to stay away from ICO

[anggaem]

that's right, I know because I'm a bounty hunter and I'm getting tired of promoting a very ugly project,
right now I'm starting to look for real jobs because I feel that making money from ico and bounty has become very difficult.

[JohnMacZeppelin]

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

This is indeed a fact that today must be understood and taken into account. Today there are big problems with ICO projects, so keep in mind, today it is better not to touch ICO projects at all if you do not understand this

[Dreaman_Fly98]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

if they are not dead yet will be shortly

[Snaic]

No, this is too exaggerated. There are many fraudulent projects among ICOs, but not 99 percent. I participated in many ICO projects that have been working until that time. In my practice, some 60-70 ICO projects have remained working. Therefore, the ICO, even with the current fall in the cryptocurrency market, can still work, although it is very difficult for them.
In the activities of ICO, we are waiting for government regulation, only it can solve the current problems with fraud in this situation.

[Hades92]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

I feel you are wrong if you say 99% scam ICO as long as I take part in a prize campaign with lots of ICO 10% of the rest of my scam is paid, unless the distribution is delayed.

[leexhin]

No it is not true 99% so you are saying that out of 100 ICO only 1 of them would make it?
If that's the case then investing in an ICO is useless and a big joke,
We all know that there are plenty of failed ICO's out there and also a huge number of scam but that doesn't mean that almost all of them are scam.

[KuromaYoichi]

I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.

While most of them don't run away with the money but they often don't meet the deadline and haven't released anything since the ico. You can see that there's a lot of icos from mid 2017 that haven't released anything and the same can be said from the 2018 one. They are just hyping people up, collect too much money and are too lazy to run the project now. Older project is better because the fund is limited and the other way to raise money is to raise the coin value by running the projects well.