Do you think ICO is a good way to raise money?

[MrGGates]

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 more careful in the future in looking for and investing, because there are many fake ico teams and ico who aim to scam, for the future be careful

[1714669047]

1714669047

[andeluna]

For me ICO is a good way to raise money but I don't think it is still a good way to make money right now. Many ICOs are failing and many are scams. However, there are still paying ICOs.

[upsidedown75]

It all comes down to what your project is. Is it a good way to find funding for your new coin ? Sure, if you believe your coin is to be trusted, however if you start out with zero than ICO will not help you, I have seen people with zero dollars in their pockets trying to make as much money as possible from funding in order to build something and they meant well however without any capital you will not get your name out there.

All the ICO's that got funded spent thousands of dollars tens of thousands of dollars and had a team of people working on it before they got funding. If you are looking to get more funding for something that is already running, like a website or a product you already run and want more out of than it could technically work quicker since its already proven and has a good track record.
 

[der_troll]

It depends on time that you have invested to research these projects. If you are blindly investing in each single ICO that is live on the market, the only thing that you will achieve is the lost of all your money. Select projects carefully and you will be able to multiply your deposit.

[GunsLair]

ICO is still a good way to raise money. But only if all activities are conducted honestly and transparently. In order for the project to succeed, the developers must show that they already have a ready-made work product and an established strong team, as well as a community that will be interested in the project, before conducting an ICO. Such tactics will attract investors and return trust in ICOs.

[LUCKMCFLY]

Of course, it's a great way to raise money, today when people see the word ICO says something in their mind: be careful, be very careful ... Somehow some malicious people have taken advantage, like swindling people, for Now, new rules for ICOs have been implemented.

We must not echo the bad, there is still much to develop using technology and there are very good ideas that can be carried out if the necessary funds are raised and progress is continued promoting the world. And knowing that this is an excellent way to raise money, we can give a vote of confidence, after having thoroughly researched the project and decided to invest.

[Ronaldcoin2017]

ICO is a great way to earn money. But it is always depend on the platform and the mass adaption of the project. If the project sounds very interesting it can easily raised a big funds but if the project is not interesting it will be somehow failed. So I think it is always depend on the project it self.

[andreibi]

ICOs are done for fundraising since governments started implementing tighter regulations. These startups would probably be better off raising capital through a security token offering this time.

[claus-rich]

I think that at the moment the ICO does not bring earnings. It seems to me that such investments are very dangerous and worthless now. I prefer to earn in another way.

[terra_vival]

Investments at the ICO stage do not inspire such confidence in new projects as it was before. I think there should be an evolution in the actions of developers of new projects in attracting investors with a more responsible approach, offering safe investments.

[Olayinka225]

Yes ICO has been the only medium used my many project to raise fund for there project but as the case maybe, the case turned around and ICO started turning to something else as ICO is profitable for the investors again as many scammers as used this medium to dupe many investors their penny. So I think project managers to look for another way to raise funds for there project aside ICO maybe it'll will also be acceptable.

[Chinsmokers]

In my perfective, ICO's is the main way for the project to earn funds to support the running phase of the project and it became like a default but after all the scams involving ICO's its hard to raise funds now because investors might loss their money by being scammed

[BigBrother]

I think ICO is still the best way to raise funds for project development. Yes, now a lot of scams, but I think that if the project has a strong team and a good idea that they can find investors.

[crenfrosck]

ICO is a way of crowfunding where restrictions are lifted and therefore available for much more people, not just technically savvy blockchain weirdos . Some are abusing current situation and actually making profit just from setting up a company, raising money and disappearing later. This is unaccpetable and we have seen many potential investors leaving the space beacuse of them. This is a great turnover though. Newcomers know they have to bring a real and useful product to have a chance to collect money needed for their start. Quantity going down and quality is raising. Not a bad scenario at all  .

[quarkyplum]

in a calculation, investing in an ico project gives us the opportunity to make a big profit. but for now ico projects are high-risk things, some projects fail and that certainly makes us suffer losses. so choose the right ico project and don't lose it.

The fail of the ICO project due to the bad price and market cap of cryptocurrency market. So that if you want to raise money, I think you should invest in altcoins and hold for long-time, some potential coins you can buy that XRP, EOS, XLM, LTC.

[qualitywork]

I think ICO is still the best way to raise funds for project development. Yes, now a lot of scams, but I think that if the project has a strong team and a good idea that they can find investors.

If we can eliminate the scam ICO projects with some sort of verification before they launch ICO then it will be really helpful for everyone as people.are.scared of the term ICO itaelf because of the number of scams which has taken place in the name of ICO in last 1 year.

[BUK2016]

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 is a bad way of raising money from investors because if you returning the money to the investors based on the Dollar value as at the time that Bitcoin was $10000.
So many scammers see ICO projects as a means of raising money for their own personal interest and for not the company and investors which is very bad and this act has tarnish the public image of ICO projects.

[Aligab166]

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 totally disagree with the idea of using ICOs to raise money. Whoever that wants to have a cryptocurrency project must also ensure there is enough capital to start up and complete the project. You must not rely on others to raise fund for your project.

[Gargo]

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 that though the very bad period in 2018, ICO will still be a very popular form of fundraising. Certainly a part of the market will be taken over by STO projects, but for sure many developers will choose this way of collect money for realization of their ideas.

[Emilyp]

It will take a lot to actually pull off ICO in this current market and I don't trust any project that has to wait for the next bull run before they can do anything. If they want to return investors funds back to them, they don't have to wait for a bull run except they have actually used the funds they raised and it's just an excuse.