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

[TrevorS]

I think that now ICO is not an investment for beginners. They are easier to lose than earn. However, if you are experienced and know exactly what you are doing, ICO can bring you a lot of money even now.

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[mahilchii]

I think that now ICO is not an investment for beginners. They are easier to lose than earn. However, if you are experienced and know exactly what you are doing, ICO can bring you a lot of money even now.

Exactly, because ICO's stories are very complicated as most of them are scammers and even they are good. Bounty hunters are not paid as it was before, it's always better to invest on top coins as they are popular in the market. And I feel it as more secure.

[Koobtcgal]

Scammers may always think it is a good way to raise money but we know honestly that 90% of ICOs are just intended for the benefit of the project owners and they decide what to do. I do not even read the whitepaper of late because they can choose to change it any time they want to suit them.

[Lintel]

Nowadays it is really risky to invest money from ICO as there are lots of project that were scam. I Would rather invest my money for eth ot bictoin rather than spend on ICO.

[bce]

for me not. because in other ways we can still get and collect money. moreover we can find the money in any way not only with ICO. but many hope that ICO is a source of income. but for me at this time the ICO was declining and that made the ICO fighters increasingly retreat.

[jorenpo]

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 ).

Raise money for what? for the project? I guess its a very good way to raise money for the project who want to launch either way they need to have a partners and sponsored to continue the project. If you are an investors then why join ICO if you not trust the project you are investing.

[Tigerw]

for me not. because in other ways we can still get and collect money. moreover we can find the money in any way not only with ICO. but many hope that ICO is a source of income. but for me at this time the ICO was declining and that made the ICO fighters increasingly retreat.

If we take into account the stable situation in the cryptocurrency market, which was in 2016, then the ico market of companies gave really very good chances for all investors. Investors invested their money in projects using even 50 percent bonuses. This gave very good opportunities for income after listing of coins, as well as with the further development of the project.

[Kiefner]

I think that before it was one of the best ways to raise funds, but due to the fact that this method was based essentially on the trust of the investor and the developer, there were many scams and now this method has ceased to be as relevant.

[kingpin4321]

Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief

[Invigorated]

Absolutely, I mean, that is the main reason why projects undergo ICOs. Most projects see ICOs are a Way to raise some funds to begin project development. While some have been very successful raising funds from ICOs, others have found little success and have had their plans suspended. In all, ICOs are a great way to give project developers a head on start.

[reynald70]

Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief

Yes, in 2017 the ICO was a golden period, because at that time most ICOs were successful and rarely heard of ICO fraud, in contrast to 2018, the more Bitcoin rose and was very valuable that's where the initial ICO fraud sprang up to lie to Investors.

[sukoyomi]

Ico being a Way to raise money. This has made people see initial coin offering as a heaven to scam people and has cost the downfall of ico. I think we should clear our mentality on that belief

Right, because of that people make and run ICO everyday with kind of promotion technique and project plan. ICO for the first time is a great way to raise funds, but unfortunately right now it has been polluted by scammers. At present, ICO is a laughingstock for some people because it is highly likely that it is run by scammers.

[99subsats]

Imo ICO has become obsolete.. I believe that a project should start with private sale like tap network did and then maybe do a IEO like beatzcoin. Things are similar in the traditional market and I strongly advocate that we should continue this way

[Danslip]

ICOs are not safe anymore for both investing and raising money. Scammers collect money and run away after the end of ICO. Intrachain is a perfect example for this case, they don't even answer to messages on social media and their telegram group are full of crying people about refunds.

[mv1986]

ICOs are not safe anymore for both investing and raising money. Scammers collect money and run away after the end of ICO. Intrachain is a perfect example for this case, they don't even answer to messages on social media and their telegram group are full of crying people about refunds.

It is still a good method to raise money, but it has become much harder. You need to put more effort into your preparation in order to convince investors and the is a good development.

[Xalata]

if not for the fact that some bad nuts in crypto are using ICOs to scam innocent investors raising funds through i
ICOs was one of the cheapest ways and also very fast ways to seek for financial support all around the world. Some folks have tarnish the ICO image and now most folks see STOs to be secured way of raising funds other than ICOs.

[chocopapaya]

Well, at least they are offering to return money.
There are many who literally just disappear.

Overall, I still think ICOs are a great way to raise money.
The biggest benefits of blockchain tech is it allows p2p interactions that are secure and globally distributed.
Going straight to the buyer through an ICO is exactly what crypto is about.

However, due to the market conditions, I think it is just foolish to rely only on ICOs.
From an investor standpoint, ICOs haven't been profitable for over a year now.
From the developer standpoint, it is not a reliable way to raise funds anymore.
So the fund raising should be combined with VCs or angel investors.

This way long term success can be guaranteed and everyone wins.

[BanaCrypto]

Yes , if it is the end of the bear market all ICOs that are now starting  soon or in a few months can be a very good investment

[manismanja]

Yes , if it is the end of the bear market all ICOs that are now starting  soon or in a few months can be a very good investment

but for now ICO has not improved and a lot of bad things have happened when investing in ICO.
ICO is currently bad and many of them fail and there are also many ICO frauds, so if investing in ICO it is very worrying and must be very vigilant.
yes ICO will not always be like that, so maybe in the future if the market has improved and fraud has declined, ICO will be good for investing.

[Gi01]

ICOs have been the best way for crypto projects to raise some reasonable amount of money to support their project, ICOs give investors he opportunity to invest their money with the aim of making profit  but due to the fall of the prices of the top cryptocurrencies, investors are scared to invest their money in ICOs. this is because, they are scared losing their money.