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Author Topic: Do you think ICO is a good way to raise money?  (Read 4446 times)
Alucard2425
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February 26, 2019, 11:25:34 AM
 #61

I think ICO is still the best to raise money that you will use in building your project but building ICO this season its very hard  Wink
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February 26, 2019, 11:25:51 AM
 #62

Yes i guess Ico is a good way to raise money. If we have some experience and patience So through Ico we can earn more money in less time.
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February 26, 2019, 11:27:50 AM
 #63

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

For me, ICO is the fastest way for you to lose money. There are too many ICOs in this market and no ICO is really successful in 2017 and 2018. I never trust ICO to invest, care about altcoin top coinmarket. You will have a lot more secure options
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February 26, 2019, 11:28:03 AM
 #64

Although initial Coin offering isn't the only good way to raise money but that is one easy way for the upcoming projects. Project can have private funding from institutional investors or as well do self funding

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February 26, 2019, 11:29:55 AM
 #65

What is iso today? 1/10 projects that really work. All other projects do not make a profit, and even say more they steal our money.

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February 26, 2019, 11:31:22 AM
 #66

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

ICO is the field that focuses a lot of scammers. The Ingot coin mobilized over $ 44 million and they said they could not develop the project anymore and wanted to refund it to investors. then they left and there was no refund.
So before investing in ICO projects, we need to analyze carefully before engaging in it.

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February 26, 2019, 11:43:06 AM
 #67

Surely ICO was a good way to raise money. but now a day, to raise much money it's so difficult. as we know the market condition still not stable, but I still have a faith, good and trusted company (it must have a best product too) will raised much money if doing an ICO.
in general now it is very difficult to believe in some kind of project. even very good ideas cannot find any money for the realization of their goals

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February 26, 2019, 11:48:07 AM
 #68

It is still a good way to attract investment, if the team consists of honest professionals who clearly understand the concept of their future product. The whole difficulty to bring it to the investors

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February 26, 2019, 12:48:12 PM
 #69

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

Honestly saying ICO was very good way to raised capital for a promising start up projects, But these status was only before when ICO's was not infested with greed and scam by selfish individuals , But these year  2019 i think its very rough for many ICO's now due to many factors that involve including scams and the ICO market situation.
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February 26, 2019, 01:01:54 PM
 #70

it used to be back in 2017 that you only needed to have a website and nothing else to raise millions of dollars out of thin air because the market at that time was filled with a lot of foolish people.
but slowly they all went out or realized their foolishness. nowadays nobody trusts any ICO anymore.

The advertisement strategy is importat on raising fuds through ICO,

again it used to work like this, but people stopped falling for the scam so they can no longer succeed no matter how much they try.
Didn't talk about the scam projects,even the legit projects needs advertisements plans or they won't get enough recognization which will result in prject failure as well.
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February 26, 2019, 01:03:52 PM
 #71

Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

Of course, if you don't invest in a scam project then you will definitely be profitable. Like ICO BTT if you are lucky and you can buy it, you now have 10 times the amount of money you invested, and many other good ICOs also give us a lot of profits.


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February 26, 2019, 01:21:23 PM
 #72

If you're investor and want to double your money, I don't think so.
ICO nowadays is not profitable again for me, cause usually when enter market, the price is automatically dump, I don't know why but usually many of them ended like that

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February 26, 2019, 01:42:18 PM
 #73

Well, it is not the best way to raise money, there are many other better ways to get your project to be funded, but ICO is definitely the easiest one, and that is one of the reasons why many people using it as a scam method. And as for the Investor, ICO is also one of the easiest ways to make profit, you just need to buy the right ICO, and hold it and sell it on the right time. You, don't need to look at the chart everyday, or working on anything.


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February 26, 2019, 01:46:10 PM
 #74

it used to be back in 2017 that you only needed to have a website and nothing else to raise millions of dollars out of thin air because the market at that time was filled with a lot of foolish people.
but slowly they all went out or realized their foolishness. nowadays nobody trusts any ICO anymore.

The advertisement strategy is importat on raising fuds through ICO,

again it used to work like this, but people stopped falling for the scam so they can no longer succeed no matter how much they try.
Didn't talk about the scam projects,even the legit projects needs advertisements plans or they won't get enough recognization which will result in prject failure as well.


Well whether it's scam or legitimate, the money coming in to icos considerably decreased over time mainly because of people being more doubtful and wary. I think you can still raise funds through icos but not close to how much you'll be able to raise 2 or 3 years back.

 
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February 26, 2019, 02:08:48 PM
 #75

ICO is one of the most effective ways of raising money for your project.

If you plan to run an ICO you will have to have a great project (needed, preferably untapped market) which can scale globally. The second part you will need is a great execution plan to achieve various of your goals. Thirdly, people will have to like and trust that you will develop it and are capable of doing so.
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February 26, 2019, 02:18:07 PM
 #76

In the past, ico was the best way, but now it seems no longer. a lot of fraud in ico makes everyone start not believing in this method. As a result, many good projects failed to get development funds. but now there are changes because there is a new method, STO, overall STO is almost the same as ICO. the difference is that at STO there is a guarantee of the security of funds from the institution that oversees the new project. so the possibility of the project committing fraud is very small.

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February 26, 2019, 02:18:17 PM
 #77

When i hear this three letter i would run away "ICO"! In last 3 years i left my office job and working in bounty campaigns at home. So far i could manage to make my living with bounty hunting and made some invest too. I did found project which about Food Ecosystem on Blockchain and i really liked the idea and trusted their team(!) and invested $3.000. The project sold around $5 million and after that they vanished in just 3 days! That was beginning of 2018 and i have lost my money, my hopes and my beliefs to ICO's and i would never ever invest to another. By the way the project name was "CIBUS"
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February 26, 2019, 02:23:06 PM
 #78

I believe its one of the best way to raise money from every investors around the world who wants to invest the only problem is whether this ICO owners are legit and comply with the regulations before starting to raise funds what is happening now is a big mistake letting many scammers to conduct an ICO with no authority and runaway the collected money its should be corrected and regulated ASAP very to stop fake ICOs. 

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February 26, 2019, 02:28:26 PM
 #79

maybe, but now it's like no longer. many projects failed to raise funds from the ICO. the failure was caused by a decline in the level of investor confidence in the new project.
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February 26, 2019, 02:29:59 PM
 #80

Perhaps a year ago it was a good option for many, but today it is a difficult path and it does not work for everyone. Although if the project is strong, even in a period of major crisis, hardcaps are collected, so for the strong there are no barriers. But I think that ico itself will change, because as it is, it works poorly.

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