Millions of dollars raised in ico's, do they really raise that much??

[amos77978]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

[IlVeroNico]

Haven't participated in an ICO for almost a year, I doubt they can raise the amount they could one year ago.

If an ICO team isn't transparent about the funds raised I'll take it as a red flag anyway, be careful!

[Tosin12]

You know it's hard to believe that some ICOs actually raised the amount of millions dollars they claimed the raised in this very harsh and bearish market and their transparency culture is not even helping because they just churn out figure of money raised without any proof or means by which anybody can track it. To be frank majority of them don't raise the amount, it's just make believe

[Imoote]

if we cannot believe in the collection of money that they have obtained then we can go to another place that we can believe, indeed to believe in someone is very difficult but we cannot do anything but wish the best of them.

[tuthienloc92bk]

Yes, I think they can. Because there are projects that they have the partnerships with the major incorporations before they launch ICO. They maybe have
millions of fundrasing from them.

Secondly, ICOs are run in crypto world, which is no border. The wealthy investors around the world can join in it anytime. So, we can know how much they spend into.

[Tipstar]

There have been several occasions of ICOs being found to be lying about raised money in order to show themselves as a big project and garnish some attention of real investors. Almost every ICOs are struggling to get to their hardcap and many of them missing.

[leavolnhals]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

There are several ICO projects offering a fake bar. They said they had achieved softcap but when the project ended, they said that the system error and the project were not successful. The money will be returned to the investors and the bounty hunters' effort is squandered. so we need to be careful with projects that offer virtual tokens.

[SwiggHeart]

Most of them are faked, I mean, it is possible but it cannot make sense if they would raise that much in short of time.

[hellyah070]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

As you know, there are these projects which are scams. But the amount required to raise a project is really depending on the projects requirements. Like, if it needs some tangible products that needs to be manufactured, or it needs money for liquidity if it is a trading platform.

[ableh]

Nowadays project no longer disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

Considering the value of cryptocurrency are very fluctuating I think it is very difficult to determine the fix amount obtained, because it can be less or even more. If you do not believe what they say it is better to see their smart contract directly, because in there is evidence of all transactions.

[Periodik]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

Before, one of the things that come to mind when we talk of cryptocurrency is transparency. Nobody can hide something from blockchain. Everything is made public. Everyone has access to it. They are always promoting transparency.

You are correct. Earlier, projects offering ICOs are posting their ICO address for investors and those who have the interest to easily check how much is raised. Everything is transparent.  Right now, projects are claiming to have raised millions in USD and yet they cannot even be transparent to show the proof. And after the ICO is done, there is no single product develoment that follows. The amount raised which is posted in their website and social media accounts is fake, shown only to boost their ICO, to make a hollow hype. At the end of the day, there was very little raised, if at all. And the project dies in a short while. And then the greedy developers will once again create a new scam project. These kinds of people should be held fully accountable.

[Black Coffee]

it was true and on average they hid funds collected during the ico time. sometimes they also state that the minimum target has been reached, so that other people will think and be interested in participating in the ico.

[zauna35]

I would not trust projects that hide actual information about the funds raised as much as easy money lovers have divorced ... the blockchain's task is to introduce full transparency in transactions, if people hide means something is not clear, beware of such projects

[bittick]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

This is so vague because they are not publishing any news or contract to show hos much raised so far from the crowdsale, last year there was bunch of icos are publishing the contract.
That was the problem of icos in 2018 which's lack of transparency

[tranquangvinh]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

If they have a strong team, a good idea and a large community, I will trust what they say. But when you are planning to invest in ICO, you should be careful, many ICOs out there are scam, now it will not be easy to find a good ICO, if you do not believe in one project, staying away from it is a good choice

[TimeTeller]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

This is so vague because they are not publishing any news or contract to show hos much raised so far from the crowdsale, last year there was bunch of icos are publishing the contract.
That was the problem of icos in 2018 which's lack of transparency

I would say, that's one major thing that deviates from the previous year.
Before, you couldn't even run a campaign without escrow.
And everyone was mocking you or alleging you that you were running a scam if you didn't have escrow.
Now, it's like everyone can run their bounty programs.
No wonder, there are a lot of scumbags nowadays.

By the way, there are still several projects that can really raised millions of dollars.
Most of them have private investors in place already. Or they have long list of partners in the pipeline.
But we can never be sure how much really is the collected amount. We are still in the blind spot regarding the exact figures.

[Absolutep]

It is difficult to believe those report at times but is before now,i guess it is possible to raise such but for now,i doubt if is possible to raise that,although we never can tell.

[rachman mahesa]

The value or income of the ICO varies from project to project. There are many who are few, some are successful and some are failing. Indeed, there are very many dollars collected from the ICO. Up to millions of dollars. For me personally, the funds are very large, but if for the company, it is not enough to build and continue in the future.

[joeperry]

Well if the project hides the project in where they rise their ICO well it's shady the funds should be transparent to everyone and not just putting a number on their websites. But yes some of the projects gets a million dollars and it's not impossible if the project does really is a great project.

[virtual_miner]

Nowadays project no lomger disclose the public address of money raised during ico ..  can we really trust the amount they disclose to us?? Transparency in the crypto space is starting to become a thing of the past

Projects that get the money invested not only through investments from retail investors through ETH or BTC. They also have big investors like investment funds, and I often test by finding out if there is an exact investment fund to invest in the project or not.