ICO makes me sick

[OrangeII]

Companies to run are of course necessary and large. So they make ICO with the aim of raising funds. However, many ICOs failed to raise funds. This is due to a decline in investor confidence in the ICO project. In this situation it is better to invest in coins that have very large trading volumes.

actually, that is an ordinary situation right now. I have also been disappointed with some ICOs, moreover I have also become an investor. however, we still have to struggle, and continue to correct our mistakes. of course this makes me better at choosing ICO.

[Youghoor]

Well, ICO had its own disadvantages which made it easier for investors to get scammed. But I think investors also contribute to the fact that they get scammed. Most investors do not research enough about the ICO project before investing into them. After getting scammed, they blame the nature of the fundraisng method.

[mammoniter]

Well that's actually the idea behind the concept ICO. That's why its called "initial coin offering". During the past few years many ICOs are actually end up being successful. That's the time when bitcoin are soaring to the moon. Right now, when everything are down, ICOs are also down. So it means that it depends on the market condition. Its all about timing and choosing the right ICO if you want to be successful about it. Besides no one will force you to join any ICO, its your call.

[Viscore]

Well, ICO had its own disadvantages which made it easier for investors to get scammed. But I think investors also contribute to the fact that they get scammed. Most investors do not research enough about the ICO project before investing into them. After getting scammed, they blame the nature of the fundraisng method.

Research alone is not anymore a guarantee that we will not be scammed.
Scammers are smarter now, we need to be smarter as well, the ICO format is just not working anymore, at least for majority of the ICO.
The upgraded way of raising money now is through IEO, it would minimize the scams and we will have more legit coins in the market.

[Adriano2010]

Indeed ICO are a problem for crypto and i think is needed a new way and not make so much ICO who will not succeed and can affect the crypto price over time.

[Golstrim]

Eventually ICO is dead. There is a new less risky form- IEO, so I suggest to learn more about it. I've tried like 5 times to participate, but scripts were better than my hands((

[Jenkins33]

At some point I agree with you but come to think of it. In real world, some businessman don't have enough funds to do business but the idea of having a business never stops because some wanted to do business too. They have funds but don't have the idea. That is why ICO was created for those people who have the idea but don't have enough funding. I hope this concept will be use properly and effectively.

ICO it is very similar to deception. This is when people have nothing but an idea that costs nothing at this stage. ICO is empty promises to do something. ICO is when investors have no real ownership of the project.
In real life, no one will invest in a project where there is nothing, where there is no working sample or a detailed business plan of several hundred pages.
So why do people do it in the crypto market?

[goaldigger]

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

You cannot blame them though. Thats business. If an ICO just quits with the lack of investors is better than ICOs who quit because they get much money of scammed people. What you are doing is much riskier like any other investments. Why try something beyond that?

[Anonylz]

We have had good and great ico's in the past where an ico will even sell out in minutes, i remember TenX Pay ico sold out before lots of people could participate, even though things have change from what it'ss use to be to what look like the of ico's now can't be trusted,
we can't deny the fact that there are still few genuine ico's in the market, the bad one's have out number the good one's that it seems all ico's are bad this day's, the bigger problem is, it is hard to fish out all these plagues trying to ruine the good name of ico's, it is an unfortunate situation and i hope there would be a solution.

[isen]

When there are thousands of existing projects and op top of that, new ICOs coming to the market every few days, all those cannot be good. Investors have to be very careful to check any ICO thoroughly before investing.

The most important thing is that the majority of people who have previously invested in all ICOs in a row have now stopped doing this, which means that a bad project is now extremely difficult to collect investments. This is a plus for the market.

[Fivestar4everMVP]

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

you are absolutly right about ICOs of today, though i dont see the problem the same way you see it,all this failures we seeing today are due to the fact that ICOs arent regulated , and that has caused many scammers to take advantage, and some project teams lack adequate experience to run a project but because they needed the money, they would want to get involved with the taught that when hardcap is reached, they can easily hire a well experienced team run the project for them but unfortunately, when the ICO didnt raise enough money for them as they expected, they back off...i really hope that STOs which i think is regulated will put an end to this mess

[bitcoinst]

I think we can say that the new system has already replaced the old one. At the moment, ICO is carried out only by the blockchain industry titans, all the rest simply will not be able to raise funds. However, there is an assumption that the ICO will still return in its old form, provided that the current system is no longer profitable.

[junkerr]

The most important thing is that the majority of people who have previously invested in all ICOs in a row have now stopped doing this, which means that a bad project is now extremely difficult to collect investments. This is a plus for the market.

you're right, now we can judge a really good project for us to follow. good project, of course, will still get support from investors, and they will be able to survive in a difficult market like yesterday. some projects still managed to run their sales smoothly, but those who were not ready to compete they would not be able to survive.

[Kelvinid]

I think we can say that the new system has already replaced the old one. At the moment, ICO is carried out only by the blockchain industry titans, all the rest simply will not be able to raise funds. However, there is an assumption that the ICO will still return in its old form, provided that the current system is no longer profitable.

Not anymore, ICO will soon to replace by IEO platform which I believe that this could erase the bad reputation have given to crypto space.
I've been participating ICO before but it never be that bad unlike it shown recently. A lot of people tried to manipulate the market and even more greedy to take care of their own and not for the benefits of everybody.

[crispyfry211]

Ico is still profitable and now are trying to replace by IEO but i think it cant replace easier as icos niw are gaining trust again from investors because of the nice and good response of the market now it makes the ico more powerful and investors will attractive by it.And now new projects and ICO'S was released by developers so it will going to an good ICO profit makings.

[Bdstar]

Actually, right now I also don't trust ico.Because of many reasons, most of the ico I found unprofitable.I saw the market is almost full of scam project.Also ICO is fake promising to It's Investor.Once I used to invest on ico a lot but now I really Don't like ICO anymore, rather I think IEO is 100 times better tham ICO.                 

[Pamadar]

I think we can say that the new system has already replaced the old one. At the moment, ICO is carried out only by the blockchain industry titans, all the rest simply will not be able to raise funds. However, there is an assumption that the ICO will still return in its old form, provided that the current system is no longer profitable.

Not anymore, ICO will soon to replace by IEO platform which I believe that this could erase the bad reputation have given to crypto space.
I've been participating ICO before but it never be that bad unlike it shown recently. A lot of people tried to manipulate the market and even more greedy to take care of their own and not for the benefits of everybody.

That's commonly happened after this market become the place for greedy and manipulative people, ico's hasn't get any good support from the communities, as investors and traders are being frustrated after those results coming from previous projects who turned to be scam or not even meet listing inside decent exchange.

[TIDOVEE]

I feel your pulse dude, it could actually be painful.
Sometimes its like when they know they wouldn't meet up, why start in the first place. But, it should not be that way because many of them also meant it well but they are as disappointed as we. We get so disappointed at our wasted time and money. But if we also knew we wouldn't have joined the ICO in the first place.

[Quantum907]

Well, I want to believe some ICO are intending to meet up but couldn't just help themselves at a stage, some decides to extend their date in order not to disappoint us. Although, there are surer ICO with confirmed sources of fund. Don't let us blame them, there are space of we also detecting less of the poor ICO.

Actually there are still a lot of good ICO, we must be selective, the easiest thing is to read the whitepaper, know the right team or fake and ICO rating, and the most important thing is positive thinking.

[Taufik blackspade team]

Actually there are still a lot of good ICO, we must be selective, the easiest thing is to read the whitepaper, know the right team or fake and ICO rating, and the most important thing is positive thinking.

I think all investors have done what you said. but it is in fact now that the ICO market still looks bad. some projects have managed to get investors, and I am sure that because there is a role for the big people who support the project.