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Author Topic: Do you think ICO is a good way to raise money?  (Read 4397 times)
unbotak
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February 26, 2019, 02:42:05 PM
 #81

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. 
maybe because it's so easy to make an ICO so that scammers are free to do it.
so I think ICO creation must go through a critical stage so that the new ICO that appears has been guaranteed authenticity.
aioc
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February 26, 2019, 02:44:22 PM
 #82

It's a great way to raise money for the platform and because of this, scammers are abusing it because in the past we have seen many projects that are now being used by the community comes from ICO, now it's all messed up.

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February 26, 2019, 02:46:26 PM
 #83

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 ).

Before, ICOs are good way to raise money but now I can say that it is now impossible. There is now a new trend nowadays and it is STOs. Investors are now preferable to participate in STOs than in ICOs.

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February 26, 2019, 02:50:38 PM
 #84

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. 
maybe because it's so easy to make an ICO so that scammers are free to do it.
so I think ICO creation must go through a critical stage so that the new ICO that appears has been guaranteed authenticity.
Yes,  it is easy to copy the works of others and we can used it for scamming others but it surely won't last for long. That is why we should take time to look for its legitimacy and the team behind such projects,  cause anytime they could have their victims.


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February 26, 2019, 02:58:27 PM
 #85

It is difficult to say in general, because today there are so many examples of the fact that people simply collect money for themselves and do not fulfill their duties. Therefore, I think that today it makes sense to say that people are going to actually use these or other tools to implement their plans, and what plans do they really pursue is a question.
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February 26, 2019, 02:58:33 PM
 #86

yes ico is a good way to raise money because there are a lot of people that likes to invest and sometimes it's easy to invest here in the crypto. The only bad thing about it is that some of the people use this opportunity to grab some money in the investor which makes the ico thing so bad.

aaaamm
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February 26, 2019, 02:59:00 PM
 #87

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 ).

It seems that most of the investors are doesn't have anymore care to ICOs. They say that most of the ICOs are worthless so they are now making investment with it. If you are focusing to raise your money, then it s better if you will not participate in ICOs and find more cryptocurrency investment.

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February 26, 2019, 03:00:20 PM
 #88

ICO still is a good way to have funds for the project, you can ca;ll it that way or it may also mean ICO is a good way to scam. if its that good that a team with a questionable project  can collect $8M, a scam that can collect just $500k is successful enough and they will keep trying to extract money from unsuspecting investors.

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February 26, 2019, 03:17:35 PM
 #89

Yes, I think Iico is still the best way to raise money, whether the project is fraudulent or not. investors will always buy on ico if they see a project that is hype.
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February 26, 2019, 03:29:07 PM
 #90

for projects that return investors 'money because their projects don't work I really appreciate that and I hope it does happen because so far there is nothing like that, most investors' refund systems are if their projects don't reach softcaps, but if I think the funding problem isn't just need to make ICO but making STO, IPO, ITO etc. can still get funds

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February 26, 2019, 03:47:17 PM
 #91

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.
Precisely no ICO can get to the level of 2017,but when there is bull run we are going to see next level prices for cryptos.But other reason is people got tired of scams.
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February 26, 2019, 03:51:10 PM
 #92

putting resources into an ico venture offers us the chance to make a major benefit. in any case, for the time being ico ventures are high-hazard things, a few activities fall flat and that surely influences us to endure misfortunes. so pick the privilege ico venture and invest.
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February 26, 2019, 03:56:57 PM
 #93

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 ).


I have not been investing in new ICO projects for several months, because I am afraid of losing my money. The fraudsters have learned to disguise themselves as good projects, they spend money on advertising and exhibitions, imitating the vigorous development activities of the project. However, after the end of the ICO, they steal investors' money and stop doing their project.
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February 26, 2019, 04:02:04 PM
 #94

Yes, ICO is the good way for raise money from the public. All these happen due to the full consent of the public for the private company. In recent days there are many start-ups who have no money but have the best and challenging idea of the concept to become the entreprenure globally. So, ICO is the route best for them.
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February 26, 2019, 04:04:30 PM
 #95

I have elementh tokens from they ICO bounty. when looking the white paper that they described at the beginning of the ICO I really believe the project they are working on is very visionary. but after ICO their tokens were only sold on one small exchange. until now I am still have elementh token. because I believe in their project. but after a few months the price of their tokens fell below the ICO price and their project was stopped. this really makes me disappointed. I really hope that the upcoming ICO will be more serious in working on the project after their crowdfunding is finished
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February 26, 2019, 04:52:32 PM
 #96

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 ).

I think not all ICO projects is good to raise money, unlike in the year of 2017 ICO projects are really good in raising money because there are many upcoming great projects. But for now, most projects always face a lot of problems that is why they always  distribute tokens very late and most of them still don't have exchanges.
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February 26, 2019, 05:36:42 PM
 #97

It depends on how good the ico projects is, because if the ico is not good and doesn't have a good team and good platforms they will not get investors to invest on the project so the ico can't raised money. the best icos are most interesting will raised a lot of money because it will attract  an investor.
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February 26, 2019, 05:47:38 PM
 #98

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 ).


Nope. not a good idea joining ICO if you are just a day trader and not an investor. better wait for the project on an exchange and bought it there much lower than the ico price.
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February 26, 2019, 05:48:53 PM
 #99

ICO is not a bad thing but it needs a bit of regulation. And by regulation i don't mean the govts but instead we, the crypto industry, needs to have some kind of their own authority that can monitor this.

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February 26, 2019, 05:51:00 PM
 #100

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 ).
I don't really understand the context at which the question is being asked.
Are you asking if ICO is a good way to raise money as an investor or ICO is a good way to raise money for creation of a project.

If you are asking as an investor, then i will say ICO is not really the best way to raise fund due to the experience we have seen in the past of how many ICO crashed. It is also not the best way to raise funds for project this days because people are losing hope on it already.
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