Kimi80
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January 07, 2019, 07:33:58 PM |
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All the reasons that you applied are bad advertisement for ICOs generally. I know that this kind of things are happening and people lose their faith, are not willing to be part of it. There are good, legit projects, but in the sea of all the ICOs, you can never be sure. If there is no support of the community, there is no project at all. We will see what future carries...
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Avri Susanto
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January 07, 2019, 07:45:11 PM |
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too much fraud in ico, normal if many think ico is dead. but we have to see that there are still many quality new projects. so there is no harm in investing in one project that has potential in the future.
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basici
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January 07, 2019, 08:59:50 PM |
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at the moment they are really dead but I do not think that a similar situation will be exactly the same in the future
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sabine80
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January 07, 2019, 09:07:52 PM |
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some icos still alive and are also halfway successful. even if there are only a few. icos may die out in 2019, but they still live... more or less. still a pity to see how the icos comes to an end...
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Denton
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January 07, 2019, 09:49:35 PM |
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With ICO projects really going on a complete mess. Therefore, they do not collect a soft Cup, because case is not a bear market, and that investors do not want to be deceived. But despite all this, I believe that there are still conscientious projects and these problems with the ICO can be solved in the future.
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Asgard124
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ApeSwap
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January 07, 2019, 09:53:43 PM |
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Here's what I really don't like about ICOs and why they're dead to me:
1. "After ICO, the token's rate would be $X.XX per coin/token"
Excuse me? Really? Yeah we know the hype, right? Been there already. Most ICOs don't live up to their promise that their rate in exchanges would be that high amount. For example, there's an ICO whose token is worth $0.01 and claims that when it hits exchanges, they will be worth at least $0.20. But hell no!!! The reality is that when it hits exchanges, the rates are way below the ICO price!
So ICOs, don't make promises you can't keep, especially claiming that the amount will be huge when it hits exchanges coz' it mostly likely not gonna happen. Sad reality. Nothing but hype!
2. "We're pausing the campaign until further notice"
What kind of f***ing excuse is that? I know most of their fucking delay strategies just to let their community think that they should trust them no matter what. They keep motivating them on Telegram, Facebook, Twitter or so, but in the end, they would silently abandon their project without announcing to the public. Worst of all, they're taking the investors' money away and hide in their private luxurious islands, yachts or so. Bear market? Naaahhh not a valid excuse you morons! You're just using that term to your advantage just to make the community believe in you until you silently run away with our hard-earned funds!
3. "We're focusing on the project's development before we hit exchanges."
Sorry to say that the truth is that they're doing that because of not having enough money to list in exchanges. Whaaaaaat? I can say that it's one of the worst, worst, worst, worst, worst excuses that ICOs are addressing their respective communities. F*** there are some exchanges that are free to get listed such as IDEX, MetaMorph Pro or so, and you can't even have time for the token to get listed? I don't have a f***ing problem when it comes to project development. However, just don't say that you can't get listed in an exchange which is fucking easy on the free ones.
4. "Tokens will be locked for a certain period of time to avoid mass dumping."
For me, this is not fucking true at all. Even if you do that, the market would still be dumping. I've experienced that with a couple of tokens (Seal and Gamestars). As I remembered, Seal locked our tokens for 6 months to avoid dumping. However, after 6 months, when they unlocked it, the price already dumped too hard. The same thing with Gamestars, in which they're giving tokens to bounty hunters batch by batch for like every 3-4 days. The sad reality is that this strategy is old and won't work anymore.
I don't know if you guys felt the same way like I do towards s***ty ICOs! Therefore, I can say that ICOs are a thing in the past. I would root for STOs this time, because they're regulated.
This is right as I agree with OP. Many ICO's this days like about their Softcap as well as hardcap. They couldn't raise the prospose money and hence they lie about it to either look for a cheaper exchange. They do this to keep Investors and Bounty participants hope alive. I know of some many projects who claim to have raise $55 million and can't afford to list in even IDEX till date all we keep hearing is the f**king project developments for over 4 Months now.
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vgk88
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January 07, 2019, 11:04:43 PM |
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I think you're right that ICO is dead. First, the popularity of cryptocurrency has fallen. Secondly, investors try to invest more competently. But I believe that good projects will launch.
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sempak
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January 07, 2019, 11:14:44 PM |
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I think you're right that ICO is dead. First, the popularity of cryptocurrency has fallen. Secondly, investors try to invest more competently. But I believe that good projects will launch.
dead is not but that trusts against ico are now down. so it's a possibility indeed now people avoid investing in ico because they have suffered a lot of big losses
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zoe111
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January 07, 2019, 11:44:53 PM |
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It is true that many projects do this, a lot of fraud. But I think that we will still see many interesting and useful projects that have high-quality development.
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Osayo
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January 07, 2019, 11:56:15 PM |
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I see this year 2019 as a real test for ICO projects. If they can succeed this year despite all the criticisms, them we may have them around for more years in the crypto space.
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Rockkey
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January 07, 2019, 11:59:17 PM |
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All the arguments that the author of this topic leads certainly deserve a lot of attention, but in fact I think that ICO as a way to promote projects is a fairly optimal option and it is the most acceptable and inexpensive for new projects, therefore this method will again be actively used when the bitcoin again will up to 12-15,000.
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Vaculin
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January 08, 2019, 01:55:35 AM |
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All the arguments that the author of this topic leads certainly deserve a lot of attention, but in fact I think that ICO as a way to promote projects is a fairly optimal option and it is the most acceptable and inexpensive for new projects, therefore this method will again be actively used when the bitcoin again will up to 12-15,000.
I believe it will because nothing will change in this market, people come and go and that's it. When bitcoin rises to that level, FOMO will again go inside their head and once correction again happen, they'll start blaming.
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florac9
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☀️ Iskra Coin ☀️
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January 08, 2019, 02:17:31 AM |
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You nailed it! Those points you drop are for shit projects that couldn't raise the softcap not to talk of hardcap so thongs will surely go wrong ,ICOs are not dead yet ,only bad projects gets trampled on
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Krassows
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January 08, 2019, 02:21:59 AM |
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Ico isn't dead yet, in my opinion ico is still in 2018, yesterday ico is in a bad condition, but certainly not always like that, in this new year, hopefully there will be improvements for ico to develop better and hopefully the team involved in ico is really a professional person
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jademaxsuy
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January 08, 2019, 02:24:39 AM |
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All these examples are just excuses for new projects that could not raise enough money. but I think some projects have true statements.
Other than that the ICO projects were being replaced by STO (Security Token Offerings). Basing on a post somewhere I have read that the American government registered STO projects to avoid getting fraud and scam projects. This will ensure security on the investors money after investing in a project. This is better than ICO for sure.
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antsam
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January 08, 2019, 02:25:15 AM |
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If it is said to be dead, I don't agree. All you have to say is that there is some truth, but let's look at it all, regardless of the situation of the falling crypto market. Some ICOs are indeed fraudulent, some other ICOs are seriously built by the developer but external conditions cannot be released
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Adhichan
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January 08, 2019, 02:31:43 AM |
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Ico isn't dead yet, in my opinion ico is still in 2018, yesterday ico is in a bad condition, but certainly not always like that, in this new year, hopefully there will be improvements for ico to develop better and hopefully the team involved in ico is really a professional person
it really sad if we said ico dead only by looking cryptocurrency price.most un-educate investors to easy said this, in my opinion they didnt prepare their self with knowledge.so when market crashing they trying to blamed market.
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kicauklaten
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January 08, 2019, 02:42:28 AM |
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No ICO where can promise at the time. many of the existing ICO thus contains a scam and also the crypto is not worth even satisfying. Thus it is natural if it is precisely the time for many have the opinion that ICO dead because it felt right when it was not able to give satisfactory results.
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el_lobo
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January 08, 2019, 03:02:35 AM |
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Unfortunately i can only agree, because icos are really dead. I can hardly find a good project on the market. Icos will certainly get the death shock in 2019.
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Debonaire217
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In Code We Trust
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January 08, 2019, 03:18:14 AM |
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The tokens just have a lockup period which is only applicable to investors and not bounty participants, though, that might not be enough reason to say that ICOS are dead in some ways, there's still some ICO's that is achieving success.
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