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Author Topic: Postponed ICO after bounty campaign  (Read 865 times)
Enzo05
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January 16, 2019, 11:44:16 AM
 #81

One of the reason maybe they are postponing their ICO is because of lack popularity and maybe even there is already working product it is still need to enhanced . Some ICO's was postponed because they didnt reach the target funds and just decided to return the investment of investors . 
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January 16, 2019, 11:49:41 AM
 #82

There should be some reasons for postpone ICO; one major reason is bearish market after that possibility of delay from developers.
It can also possible they want to launch the project when market will re bounce, so it’s better to wait.
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January 16, 2019, 11:50:33 AM
 #83

I don't think that postponed ico  and waiting will work too much. If the product is already ready and suitable for use, you can collect funds even if you are in the bear market.


It's not that simple to attract investors, most of the investors now are interested in making profit, they don't really care about the project, and in bear market the investors usually more atrractes to buy a strong famous coin, ICO usually wont in their liat, because it will take time to make profit, and there are alot of coins that keep on popping out everyday, sometimes postponing ia the only way the developers could do to avoid huge crash and lack of interest when they launched the product, first impressions is really important in ICO
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January 16, 2019, 12:13:48 PM
 #84

Seeing many ICOs suffering many losses after launching, it looks like an ideal option left for any ICO to wait and launch it when market recovers. I think there is nothing wrong in such.

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January 16, 2019, 12:34:31 PM
 #85

I am very disappointed with some ICO projects that temporarily suspended their ICO when the prize campaign was finished.
because it will harm the bounty hunters who are waiting for the token distribution they expect. while the distribution is delayed because ICO is delayed.
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January 20, 2019, 05:54:20 PM
 #86

Seeing many ICOs suffering many losses after launching, it looks like an ideal option left for any ICO to wait and launch it when market recovers. I think there is nothing wrong in such.
I see that many ICO teams use the excuse of a bear market and a difficult period for ICO projects to announce the suspension of ICO, and then simply disappear. There are many cases in this forum where a suspended ICO no longer resumes and bounty hunters did not receive their earned tokens. Of course, situations can be different, but it would be better if the ICO team simultaneously calculates with bounty hunters, even if these tokens are permanently frozen in their wallets.
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January 20, 2019, 06:33:02 PM
 #87

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

This is the stage many of them needs to carefully seek financial advice before embarking on any project weather they have a working product or not. Another illustration is ApolloX who were not able to hit their Softcap or HARDCAP but still trying to look for ways to get the platform working. I hope they succeed in it because this period is not easy in the marketplace...
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January 20, 2019, 06:39:50 PM
 #88

Nowadays many teams behind ICOs prefer to postpone ICO in case of not enough collected money. Bear market cycle is big excuse for this guys and they use this factor for their own advantage. I never hold the tokens of project if there is no proper announcement for this debatable situations.

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January 20, 2019, 06:51:32 PM
 #89

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

This is the stage many of them needs to carefully seek financial advice before embarking on any project weather they have a working product or not. Another illustration is ApolloX who were not able to hit their Softcap or HARDCAP but still trying to look for ways to get the platform working. I hope they succeed in it because this period is not easy in the marketplace...
You are right, many projects fail to reach softcap and hardcap due to adverse market conditions. At the expense of the ApolloX project, I also participated in it and follow their group in telegram, but there is no news about their further development, and I don’t know this scam or not (((

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January 20, 2019, 06:52:45 PM
 #90

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.


Trying to collect funds during this bear frenzy is like swimming against the stream. It's possible, but hard as hell. And there is no need to compare the results of ICOs from this period and the ones held in 2017... Teams understand the difference clearly I bet Smiley

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January 20, 2019, 10:31:22 PM
 #91

Most ICOs that postpone their sales, sometimes still do not meet up with their hardcaps, except for some few ones, who are still developing their product despite stopping the sales
When they have a finished product that is sellable, then investors might have more interest and more will be attracted until the hardcap is attained.
In such case, it will even be easier to reach.
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January 20, 2019, 10:39:22 PM
 #92

Good for those projects that has an overwhelming result for making it possible out of this bear market. But for those bounties/projects that stops during this bear market, you understand that its not possible for them to make their run and reach the target cap that they have been planning.

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January 20, 2019, 10:46:16 PM
 #93

They think that they will be able to get more people interested in the bull market when more people are investing but they are missing an important point. If we are in a bull market well known projects with previous successes will gather most of the new money and people won't be interested in new projects that can fail as much as in the old ones like BTC and ETH that will make them money for sure or many smaller but still less speculative ones like EOS ADA and such.
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January 20, 2019, 10:51:31 PM
 #94

By looking at unstable market conditions, there will certainly be many projects that experience delays in shipping tokens. And like the LYFE project, tokens will be given every month for 10 months. And this, in my opinion, is a good decision because they want to keep the price of the token stable.
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January 20, 2019, 10:57:03 PM
 #95

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

Your list is very short in the telegram channel on bounties that I've participated in there are a lot of paused ICO and some of them are very popular and good project like IOVO I'm surprised that they paused the market, they have a very credible team and they always go to events to promote their project.

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January 20, 2019, 10:59:06 PM
 #96

So far, there are so many ICO that postponed their projects and we as the bounty hunters only have two ways, following or quit. So far, i have every found some and I commonly will let them quit. Yeah, if I have followed about a month, I will see how the prospect of the bounty campaign. I will decide base don each bounty of ICO. However, so far, quitting from them commonly happen.

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January 20, 2019, 11:07:47 PM
 #97

One of the factors that lead to ICO postponement is the slump of year 2018 on all cryptocurrency. The slump has brought atleast 90% drop from 2017. Until now, the hasn't been recovering. If this is happening in the top coins including bitcoin and ethereum, what more on ICO investment.

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January 20, 2019, 11:32:17 PM
 #98

Its a very risky decision in their part if they continue their ICO’s despite the bear market situation, even if they have a working product it does not guarantee that they can be funded. I seldomly join long campaigns with unclear timelines, ICO’s should be ready no matter what the current situation is its not about the market what matters is what product they offer in the space.

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January 20, 2019, 11:37:59 PM
 #99

The rate at which projects succeed when compared to each other, is quite different.
Some projects take more time, because they may not have adequate connections with investors who would come and invest in the project.
I have done some bounty whose ICOs were postponed and at the end, they succeeded. So sometimes, patience is needed.
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January 25, 2019, 08:35:52 AM
 #100

You really can't blame the project that cancels their ICO during this bear market.
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