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

[btcrut2017]

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

There are scammed ICO's but i think not 99%of it. I can also see legit ICO's with good projects. I hope this scammers will be captured because they are one of the reasons fot others to back off from crypto.

[iconoclast]

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

No it is not true. I have participated in over 200 ICO's and I have had only one where the people behind the project ran away with the money. Some have done a really bad job of putting the money to work and advanced the project, others are working hard on the project. I don't think you can classify a business where the people do the work but the project fails to take off as a scam.

[randyg29]

I think not all ICO's are scam because I still participated a good ICO before that gives me a better earnings. And I think it most of people would that if they are always experiencing that situation which they don't have a plan or a good strategy to know which ICO will they gonna participated in investing their money that's why they always get scam.

[SvonioneFromMangoCoinz]

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

Most ICO projects are so bad. I was involved in a very successful venture capital project, attracted over $ 44 million and then they said they did not have enough funding to grow, and then they were silent about it. the investors. It's obviously a phishing project. Therefore, we need to be careful when investing in the field of ICO.

[Goldleader]

Some are scam , some over promise, some fold up in bear market

[HiatusGG]

A lot of tokens depend on the ethereum and creating a token is easy. People think, firstly explains the target of coins, secondly make promotion,  thirdly sell coins (creator didnt pay for that), Finally team of token will disappear and ICO fail so you were get laid. People choose the invest cryptocurrency directly because ICOs are too risky in bear season.

[okala]

This is truth like others has said.  Nor of the icos I invested in really give good return and most of them have turned to scam.  I could remember two that I invested in may this year and the teams are no were to be find.  If you want to play safe then study them very well before investing because the 1% is difficult to find.

[pokxon]

All ICOs are created for the sole purpose of raising capital from investors. We do not know if it will fail or become a scam. I think 99% is too big and this can not happen. those ico failures or scams are only 30-50% of the ICO market

[zcashplan]

Please do not doubt the number of fraudulent items. There are so many tokens worthless. You need to learn a lot of knowledge to judge, so I suggest you not to choose ICO investment, novices want to buy bitcoin.

[mel_smog]

Not 99% but def north of 90%!!

[dreico]

there are projects; there are a lot of them there; it’s useless to argue, but there are still normal projects that simply don’t collect a hard cover

[none of us]

my personal assessment is currently at about 80% that are either failed or scam icos. to say 99% would be a little bit much. but that is just my assessment and it is hard to say which number is right.

[KOF97]

Yes, due to lack of supervision, fraudsters can use a small amount of money to create the perfect scam, and they don't have to take any responsibility for it.

[JohnMacZeppelin]

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.

it has been waiting for us for a very long time, so it seems to me that scam projects today no longer believe that many projects will be regulated. Today, the best thing would probably be to seriously think about the numbers, in general, I also think that they are very much increased today.

[Commitments]

Not yet and impossible all of ICO investment project was die because lower and drop price of ethereum, many ico have success their ICO sale and waiting for opening their coin at the exchange market.

[hell_slayer]

Many ICOs have failed or turned out to be scammers, but absolutely not 99% of them. It looks like the numbers are specially exaggerated in order to intensify the panic in the market and derail the price of crypto assets as low as possible. I would say that the percentage of fraudulent or failing ICOs is about 70%.

[JohnMacZeppelin]

Not yet and impossible all of ICO investment project was die because lower and drop price of ethereum, many ico have success their ICO sale and waiting for opening their coin at the exchange market.

Definitely now, many people say not quite correct statistics, because for the most part people simply do not have information that projects really die or just disappear for a while. These are completely different things.

[NewbieCollector]

Unfortunately, the subject is 100% true. The thing is that different ICOs are scamming in different ways:
-ICOs which originally produced without any plans to make a product or service
-ICOs which faced with some problems regarding the product development after the ICO stage
-ICOs with an inexperienced core team
and so on. There're lots of the reasons they do what they do, but the fact is this.

[yanesna3]

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

Unfortunately, this fact happens and a lot of people face with such situation as scam. But not 99% of ICO are scammers, many ICO is very interesting and persistent on achieving their goals. So don't disappoint yourself, there is a lot of money ahead!

[khimer_rangers]

maybe not all ico ends scam there are some who are successful but most for now are not successful. so I think maybe 70% is a scam and why only 30% are successful because many investors who are afraid to invest in ico will make a lot of ico fail.