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Author Topic: ICOs are dead! Yeah I mean DEAD!!!!  (Read 26188 times)
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January 07, 2019, 05:21:35 PM
 #81

That is true for the fact that capital mobilization is difficult from the public in the past year. Now a truly quality project will have to target large VC, where they can seek funding for themselves.

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January 07, 2019, 05:22:07 PM
 #82

Decreasing market prices certainly affects all ICO developments. It is true that the point you mentioned is because some ICOs failed and ICO was only a fraud. And of course, when we get it it's very disappointed that the work we do is very bad. But in 2019 I think there will be more good projects.

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January 07, 2019, 05:26:52 PM
 #83

not the least of which is the rate that the ICO was bad, dying, risky and others. one thing I know is, ICO is a test a test of patience, because it required a little extra patience, even to wait come sold in the market with a good price. still many are involved in ICO.

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January 07, 2019, 05:30:31 PM
 #84

well mostly ICO do that, i say mostly since not all ICO was a scam. and keep their words to bounty participant and investor.
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.
When you file paperwork with any authority, you are removing your decentralization. The authority has control over everything you doas an individual. It has to be done in line with the laws and rules of that country.
This means that, as well as passing over all of your information, you are also allowing the governing body to get information on all of your participants, whom will then be subject to taxes, laws, rules and controls of that country. It kind of removes the spirit of true decentralization, doesn’t it?
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January 07, 2019, 05:32:15 PM
 #85

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.

Some ICOs are really trying their best to maintain their project in a good way even though the market is at its worst. We can't really blame them every time.
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January 07, 2019, 05:38:04 PM
 #86

Yep there is big problem with ICO es but dont think ICO es are DEAD but we havent so much ICO as before and it has its own reasons 1.Many scamers leaved us which is good, 2.2017 was somthing like Hype as everyone started ICO even didnt know what is that,so i think 2018 was one of baddest but from other side it was good as more profs. joined and scamers leaved.


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January 07, 2019, 05:43:09 PM
 #87

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.

i know, all of these sucks, but i think the worst part is when, after the end of the ico, even if softcap was reached, the team disappear and no one can know anything else about how the project is going..
yes I also think so, the thing that I am most worried about when that happens is because I have experienced it like that. but what else should I do, only luck can get a good ICO when the market is down.

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January 07, 2019, 05:45:08 PM
 #88

I agree with all your points. They are very valid and are the regular excuses we, the bounty hunters, has to face. The project when making these statements means that they are abandoning the project.

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January 07, 2019, 05:56:40 PM
 #89

I agree with all your points. They are very valid and are the regular excuses we, the bounty hunters, has to face. The project when making these statements means that they are abandoning the project.
In any case, if the team does not abandon the idea of ​​developing their project, then this should not alarm the participants. In any case, one way or another there will be results. Although, in the current state of the cryptocurrency market, a lot of time has to be expected for a positive result.
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January 07, 2019, 06:13:54 PM
 #90

It is true that most of the ICO in 2018 was failed. There are many reasons behind it. The most important reason is the price fallen of crypto. Because of decreasing the price of crypto, people lose their encourage to invest in crypto and that is why most of the ICO are unsuccessful. But  I don't think ICOs are dead. Because if the crypto market starts to increase again then people will surely invest in ICOs.

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January 07, 2019, 06:22:10 PM
 #91

They are not dead. Due to the market situation it is getting almost impossible to collect good money in this industry, because people are holding their coins. As soon as the market recovers, we would see another bullish trend.
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January 07, 2019, 06:46:55 PM
 #92

I think ICO isn't dead, it's just that it's not profitable anymore. we have to admit, ico is still the best way to raise funds from the crypto community. many quality projects that are running ico. but because of the many problems that occur at ICO, no one has noticed this.
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January 07, 2019, 07:03:45 PM
 #93

please do not bother wasting money on any new ICO's
fucking garbage.

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January 07, 2019, 07:04:41 PM
 #94

I think ICO isn't dead, it's just that it's not profitable anymore. we have to admit, ico is still the best way to raise funds from the crypto community. many quality projects that are running ico. but because of the many problems that occur at ICO, no one has noticed this.
it became not beneficial only to bad projects. good projects still collect a large amount of money during the sales
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January 07, 2019, 07:11:06 PM
 #95

All things have two opposing characteristics that are bad and good, ICO is a place where project projects have different objectives in terms of products or managers who determine their quality. Most people participate in projects that fail or cheat and we don't get rewarded after work or loss.
There are many factors that drive a failed project, we must be careful and hopefully this will build their mindset to be more serious in building the project.
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January 07, 2019, 07:20:04 PM
 #96

The ICO is not dead.  If you have the mindset that put closure to ICO investing,  I will bet you will miss out on very good project that has lots of potential to be successfully funded and possibly get to create great value for investors!

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January 07, 2019, 07:21:09 PM
 #97

Failure of ICOs to reach their set targets is not only down to the project not being good enough, but also for the fact that good project or bad a lot of investors are noobs and don't understand the a lot of tech talk.
So most investors just wants to wait  out the bad market condition since they can still buy into the coin when the market is better.

Most investors are not in a better situation right now. All their investments have fallen in price and they cannot afford to invest in new projects because they have little money left.
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January 07, 2019, 07:21:30 PM
 #98

Dear, you just revealed the bitter truth of ICOs! I have stopped investing in ICOs since Monetoken ICO, just promoting projects by doing their bounty campaign! Almost every ICOs are garbage now, they are just showing fake millions of the raised bar to attract investors! Your all of points are right in my view but there have some good ICOs too. So, I would not say ICO is totally dead!

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January 07, 2019, 07:24:17 PM
 #99

The ICO is not dead.  If you have the mindset that put closure to ICO investing,  I will bet you will miss out on very good project that has lots of potential to be successfully funded and possibly get to create great value for investors!
But the real problem is identifying the very good projects. Instead of struggling with scams, I am also thinking many times just to stay away from contributing for ICOs. Because, that would be an easier way to solve lot of hassles. Instead of spending and then settling with ICOs, I believe many people will choose to stay away from ICOs if there is no regulation will be conducted.

I mean to say this community must go for an initiative to regulate ICOs so that we can have healthy environment where god projects will be finding right investors and it will make beneficial for both the parties.

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January 07, 2019, 07:29:58 PM
 #100

The ICO is not dead.  If you have the mindset that put closure to ICO investing,  I will bet you will miss out on very good project that has lots of potential to be successfully funded and possibly get to create great value for investors!
But the real problem is identifying the very good projects. Instead of struggling with scams, I am also thinking many times just to stay away from contributing for ICOs. Because, that would be an easier way to solve lot of hassles. Instead of spending and then settling with ICOs, I believe many people will choose to stay away from ICOs if there is no regulation will be conducted.

I mean to say this community must go for an initiative to regulate ICOs so that we can have healthy environment where god projects will be finding right investors and it will make beneficial for both the parties.
I support your opinion. Until there is an ICO regulation, investors will not invest in projects. The situation recurs, as was the case with Internet projects in 2000, everything is spiraling. Scams ICO and scammers will leave this market in the near future.
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