The Delayed "Exit Process" of Failed ICOs

[ipanks]

That is what I see from every ICO that was launch in 2018. One of ICO that I joined as participants still saying the same thing when every participant asked about when the token start in the exchange, what exchange will the token get a list and other things. But they still have the same answer as before. I think it's because they are failed to launch their product because this is not what they want to see right now. Besides that, with the market is down deeper than in the last two years, they decide to stop the project and only say, we still running some phase to make sure the project run properly.

[Japinat]

LOL, this is funny, looks like you are already familiar with the excuses of bad project in crypto.
Well, I guess sometimes admin get irritated because people are not reading, they keep asking the same question over and over.

The "when exchange?" thing is familiar, some would also say, "when moon?" of "when dump"?

[libert19]

So true, I was in one scam project called 'otho' they gave screenshots of their MVP product and all looked legit as hell, on the day of exit scam, they said they are going to be listed on kucoin and guess what? Dev dumped Token on ED and It's Gone!

[Suwycu]

I agree, now very many projects operate on such a pattern, and as a result, it may turn out to be empty, unnecessary coins!

[SwiggHeart]

It's real. Yes, it's definitely real how he's showing us the strategy of how does the ICO exit scam work for a month, but wonder why they take 1 year to exit scam lol.

[fosco333]

If they have no intention to develop their project in the first place, they will give you infinite reason to evade your questions.
Investing your money on ICO nowadays is very challenging because most of them failed to hit softcap.
But once you get the right project, the profit that you will gain is real.

[giletto]

It is the same as when I asked when they would distribute the token. Their answers are Soon and ASAP. And the listing at the exchange is the same, right now when any project answers like that, I confirm they are scam. I estimate that up to 90% of projects are scam at the present time, too risky to invest

[Saugani]

last exit before scam.

Market downturn is probably one of the main reasons why ICOs projects can’t last long and joining their bounty program is useless and a time waster. Due to the fact that the market goes into stagnate.

ICOs are forced to cash out some funds in order to survive. However, it is not enough which is why some of them decide to cancel their ICOs and return the funds of the investors.