ALL Initial Coin Offerings are Trash

[Mysteryla]

The fact remains that the team of some ICOs are not realistic. They will request for a fund that they know they cannot obtain so they keep on extending their ICO, until they are no more able to get anything again and at the end the see them efface.  Some may tell you, that they have been able to raise millions of dollars, but that the project continues and they want to raise more. This also is being unrealistic.

[ivaf]

Yes, unfortunately, there are too many scammers on the ICO market. That is why, first of all, it is necessary to find an alternative to the ICO procedure. Perhaps this alternative will be the STO procedure. We'll see about that.

[Nesbee2]

 i will only agree with you partially, that some  or say most but definitely not ALL ICOs  are TRASH. Although i have not invested in ICO recently but i think the problem we have is that the bad eggs would not let us know the good ones.

there are a few projects who wants others to hold a share in their companies , so the genuinely launch an ICO  to this effect. but investors feel reluctant perhaps due to their previous experiences with Scam ICOs.

[Starfranko]

While there are ICOs that have failed I think it will be unfair to categorically say that all of them are scam. They have been sone that did well and are still doing well in the crypto-currency space

[airdagon]

All ICO is trash? You need to do very deep research on ICO. Because not all ICOs are garbage, there are many good ICOs that benefit many people, so I think you have to learn more

[prasad87]

The fact remains that the team of some ICOs are not realistic. They will request for a fund that they know they cannot obtain so they keep on extending their ICO, until they are no more able to get anything again and at the end the see them efface.  Some may tell you, that they have been able to raise millions of dollars, but that the project continues and they want to raise more. This also is being unrealistic.

Some ICO-s expecting unrealistic amounts of money for a trivial task is completely different from all ICO-s being garbage. We already know the former, the latter simply isn't true.

[premiumproductss]

What a pitty that ICOs rather take free money then creating revolutionary platform.
I hope that STOs will be little bit diffrent and there will be less scams.

[dobolspeed3]

Not all ICOs seem garbage. I personally always support ico. But I'm not all projects that do ico that I support. Only a few that I support for ico. Because I am very interested if we invest in ico and ico, there are many bonuses if we invest. Of course I am very happy and the overall project also affects it.

[Ucy]

Op need to go through traditional crowdfunding websites and tell us which past projects from those sites are successful today.
The fact is that few out of the multitude of projects will get funded and some of the funded projects will succeed.

However i think managers should be strict with the kind of project they accept to promote. There should be  standards that must be passed for projects to qualify for public funding.  The standards must not violate the ideals of blockchain. Managers who violate the standard could be tagged.

It should be community driven thing and the whole cryptocurrency community should be pressured to adopt a standard.

[Svarora]

Ico are the major platform through which new funds come into market and new idea energi. But in past many ico proove to be scam which ultimate result in decrease in passion for them. I think promoter have to be sure about product to offer and promote only realistic project. If this trend contone then crypto loose its way of development

[Pffrt]

Not 80%, I would say 90% are trash and scam. That's why I don't give a fuck to the ICO anymore and hope a lot of people are also doing so. ICO has already died just because of those kinds of trash. STO will replace the market soon.

[Mcmich]

Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.

[Metall303]

Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.

experienced investors can find good projects. There are entire departments in which dozens of people work who select good projects even in a market like this. I’m sure that everyone who says that investing in ICO doesn’t make sense right now - they just don’t know how to choose projects

[Impaler]

Most of the time the icos are not that good. And people are unable to get some profit from them. We saw for last few months the market conditions of the market is not so well so the works in that is most of the icos are unable to collect anything. There is many reasons behind the ico market is the failed and scams icos.  So almost 95℅ orayb more icos in this market are fake or scam. But that not  means that there is no good project. There are msny  good project is on in this market.

[goaldigger]

There's a lot of posts in this section "ICOs will come back", "Some ICOs are scams", "Should I do ICOs". These all contain the implication that Initial Coin Offerings are fine and dandy.

What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?

The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?

The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.

It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.

Resources:

https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams

Everyone has his opinion on something and i dont blame you because a big part of the ICOs existing is scam. Its also hard to define whether its legit or not. A business needs capital and investors to start a good project with a budget and i dont think ICO itself is bad. It is such that, people abuse it and its not right.

[xiboothrezi]

Cryptocurrency is increasingly popular, so many people are trying to make a profit by cheating through the Ico project. Then we must be smart and realistic in the world of cryptocurrency, as explained by the OP. Don't be easily influenced by the lure of big and instant profits, all require a process. It takes the experience to be able to predict whether Ico is potential or not, so be careful.

[asriloni]

Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.

experienced investors can find good projects. There are entire departments in which dozens of people work who select good projects even in a market like this. I’m sure that everyone who says that investing in ICO doesn’t make sense right now - they just don’t know how to choose projects

That depends on how experience you are to finding a good platform dude, That's indeed and most of them are blindly investing in the random ico without a lot of knowledge if there was a lot of hidden gem just like btt outta here.

[ovcijisir]

Not 80%, I would say 90% are trash and scam. That's why I don't give a fuck to the ICO anymore and hope a lot of people are also doing so. ICO has already died just because of those kinds of trash. STO will replace the market soon.

The sad truth is that maybe 1-5% of projects will survive in next few years. When you invest your money or time it is risk that you have to take if you want to participate. Consider your invested money like buy-in the project.

[8rch7]

not everything are trash, there are some that have good quality.
indeed it is very difficult to judge a good project, sometimes projects whose coin sales reach hardchap (usually this is considered a good project) do not guarantee to be a coin that has good value in the future.
I think it is necessary to examine several factors to decide whether a project has good potential or not.

[BCTS]

I do not agree with this, although I understand that now this situation more describes what is happening with the ICO. I think that by 2020 something in this area should change, that is, this year there will be changes and I hope that the market will now once again fall and shake more such projects in the trash.