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Author Topic: Do you think ICO is a good way to raise money?  (Read 4396 times)
spike420211
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March 01, 2019, 02:54:14 PM
 #201

As long as the project is a high quality one, it would highly possible to collect fund from ICO, but at this moment it would be little harder with the market condition that keep on going up and down very often.

Now it is very difficult, the project should cause great enthusiasm among investors and pull money to itself like a magnet, only on such projects now there is a chance to earn.
dipeco
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March 01, 2019, 03:01:16 PM
 #202

It was an amazing way to get profit back in 2017,  today it is getting harder and harder to find great projects. Right now the only ICOs that are really profitable are those that are mentioned on Binance launchpad.
Huntler1993
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March 01, 2019, 03:41:07 PM
 #203

If they really know what they are into and see the future to be successful then i don't really think depending on ICO's to raise monies is not ideal since it might never come into fusion if the ICO target is not reached. True and real projects should have other source of funding.
axel2078
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March 01, 2019, 03:45:35 PM
 #204

ICO is only for scammers. They love to create fake ICOs to easily raise money from investors, I have seen many ICOs scam from 10-50 million $. And obviously ICO is very suitable for scammers making money

Coin-Desk
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March 01, 2019, 03:46:54 PM
 #205

No, I do not think so Because now investing in ICO is all a loss. Because most of the ICOs are fake now. Most ICOs cannot be successful. All ICOs now scam. So I do not believe in investing in ICO now. There was a time when everyone invested in ICO and benefited. I too used to invest in ICO and earn a lot of profits. But now it is the time that investing in ICO means putting your money in water. Now there are many fake companies who can get new coins out of ICO but their coins cannot be exchanged at last. That's all, the Loss project.

Thank you

Babayan
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March 01, 2019, 04:01:43 PM
 #206

Yes, I think that ICOs is still a good way to make a profit quickly. Check the new upcoming ICO called UNCLOAK and the AMA of the CEO of this project with Ian Balina!

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OcTA Bd
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March 01, 2019, 04:28:23 PM
 #207

Well I think if the basic of the project is strong then it will raise money. The team of any coin must be strong to create a good believe among the investors.

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santiPOGI
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March 01, 2019, 04:35:50 PM
 #208

Not anymore it better to get hold of your money and do something with it, like day trading.
ICOs have been infested with scammers and manipulators and i wouldn't advice anyone to invest in any however promising it looks.

ICO become a failure due to many scammers and the condition of the market.
THough, i will not tell not to invest on an ICO again, you just need to choose the best one.
You should study them carefully. there are so many good iCO in the community!
incomefromcoins
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March 01, 2019, 06:10:36 PM
 #209

Ico till date the most successful business model and even in a bear market we are seeing some good development projects are coming so ico for crypto is most successful project we can say
ucok456
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March 01, 2019, 06:50:22 PM
 #210

For now investing in ICO projects is not recommended. Crypto's market conditions are in poor condition so there are many possibilities for ICO projects to fail. But when the crypto market conditions start to stabilize, the ICO can be a way to gain profits. Currently the STO project is more recommended for those of you who want to invest, because the STO project has a clearer legal entity.

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arpon11
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March 01, 2019, 06:52:43 PM
 #211

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 a truth icos was one of the Best and good ways of raising fund from the public for cryptocurrencies projects developments but the scammers and fraudsters has see this as an opportunity to scam people and investors of their hard earned money and in turned it creates distrust that we are witnessing in the cryptocurrency market now.  I will said this because I have lost so much fund to scam projects that used icos to raise funds from the public and I have decided to avoid investing into any projects during icos completely.
Juse14
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March 01, 2019, 06:53:32 PM
 #212

ICO was really a good to make a profit went we buy at first listing, every ico always getting a really dip price after they hit the first exchange and that your opportunity to make some profit for bounce back price.

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altscaner
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March 01, 2019, 07:06:54 PM
 #213

ico is still a good place to find money fast, because there are still many enthusiasts from here but this is the moment to pay attention because it is often misused to seek instant benefits by some people

jvper
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March 01, 2019, 07:14:42 PM
 #214

It is getthing more and more expensive to run an ICO because of compliance. It is near to some other things already.
red4slash
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March 01, 2019, 07:15:33 PM
 #215

ico is still a good place to find money fast, because there are still many enthusiasts from here but this is the moment to pay attention because it is often misused to seek instant benefits by some people
but in my opinion for some time ICO was not as profitable as possible because the market was dumping. so I think it must be careful and maybe if investors are doubtful they will secure their funds until the market improves and start investing again in the ICO

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Oceat
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March 01, 2019, 07:34:15 PM
 #216

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 ).

Yeah, raising money then run it all away but I'm surprised if the development team would really return that 8M money that they accumulated to raise. Most ICO these days are considered to be a scam that's why it's so hard to trust them.

What's the purpose of proposing projects when they don't want to finish it anyway? There's a lot of shit coins stack everywhere aren't these developers tired of making a new currency? Investors would be divided because there are existing currencies already yet most of them are lack of support after being dumped.

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graffix
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March 01, 2019, 08:40:54 PM
 #217

Yes, there are many scam projects. But there are still good projects ongoing. Mostly ICO prices very small. so if you invested in a good project still have a chance to raise your money. I just following the ETHA project. They have a good project idea and a good team. Another thing is their bounty managers are trusted. So I believe this is a good project.

nik9990
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March 01, 2019, 10:30:31 PM
 #218

now it’s not as interesting as it used to be, there are a lot of fraudulent projects and most of it’s falling in price

arpon11
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March 02, 2019, 07:37:17 AM
 #219

It is getthing more and more expensive to run an ICO because of compliance. It is near to some other things already.

Ico could have been the best way to raise funds for your projects and in 2017 many people and investors has made good profits investing in projects through icos but in 2018, it seems the ico has been miss used by scam and fraudulent developer.  Many investors here have different story to tell base on what has happened and I in particular has lose money investing into abandon projects.
Little Mouse
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March 02, 2019, 07:40:30 AM
 #220

If you come up with everything positive and a good prpject, I think it still have the chance to raise fund with ICO. You can also escrow the raised fund and spend later once you got whatever you promised to the ICO holders.

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