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Author Topic: Do you think ICO is a good way to raise money?  (Read 4397 times)
Omela44
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March 12, 2019, 11:40:22 PM
 #341

The good times for icos are over, but it is still possible to raise money. I think only very large and already known projects can still collect money with icos, but for small projects it is very difficult to finance with it.
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March 12, 2019, 11:43:47 PM
 #342

that's right, ICO is the best and fast way to raise funds, already many companies have successfully made money from ICO although many also fail and scam.

and the problem is the government still thinks that ICO is an illegal method and has a high potential for fraud.

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March 12, 2019, 11:47:02 PM
 #343

ICO is the best way for crypto project developers who want to raise funds with global investment. To support the ICO it should be accompanied by a search for partners who are capable and in accordance with the project you are going to run. And of course if someone wants to run an ICO, they need a big responsibility because they hold investment money.
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March 16, 2019, 05:02:32 PM
 #344

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 ).
ICOs are good way to raise money but you just need to know what anything with an advantage can also have a disadvantage. ICOs have seen a huge growth recently and were able to surpass $550 million in funding. They are a way for a rapid funding and fewer regulations .

It is not like the traditional model that you will have to go through long process.
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March 16, 2019, 05:12:15 PM
 #345

Yes, I am sure that ICO processes now still have serious opportunities for fundraising and the implementation of the project itself. I think that people continue and further people continue to raise funds and solve large problems.
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March 16, 2019, 05:20:49 PM
 #346

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 ICO as a way to raise money in the coming year is a good way to make a profit from it. But, not all ICO projects will give you big profits, so you need your own observations and analysis of some ICO projects that you think have great potential to be able to provide you with benefits if you feel hesitant to invest in ICO you can buy top 50 coins.
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March 16, 2019, 06:16:36 PM
 #347

This is a good method, provided that you do not make a mistake in choosing a project, and the project itself will be successful, and not unprofitable. A lot of factors affect the potential profit.
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March 19, 2019, 06:42:19 PM
 #348

2017 is a really good year to raise a lot of money from ico but now it's no longer because now there are so many projects scam or die after doing ico but have very low value when the list on market

I think that we had an ICO bubble , then everything went down so only High quality project are able ro resist

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Goodvalony
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March 19, 2019, 06:53:29 PM
 #349

ICO remains a platform for scammers. 45% of business running ICOs are scammers. the best option these days is an IEO. join an exchange and launch your fund there. when your fund  is totally colected, you can come back for trading. it very simple. we have lots of exchanges these days and IEO is take over the ICO model.
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March 19, 2019, 06:57:09 PM
 #350

Right now, IEO is the best way to raise money for a project. A lot of potentials project are doing it. Recently today binance launchpad was sold out, and also in Probit Exchange. IEO is the best option right now for a project to raise money.
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March 19, 2019, 07:11:46 PM
 #351

ICOs were only beneficial way back 2017 but not this time. Now projects are failing because it is difficult to achieve softcap. I think there should be other means of raising funds to support a project.
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March 19, 2019, 07:21:38 PM
 #352

Yes I do, but ICO is just alternative way to gain some profit, I prefer do trading because it's more profitable in my opinion. Lately ICO is on it's hype, what just I mean is the Binance Launchpad, as you know BitTorent and FET are multiple times it's ICO price.

The above ICOs are rather an exception to the rules given the negative trend that has been going on since the beginning of 2018. And given the agiotage that is accompanied by every ICO on the binance, there are chances that we are waiting for the revival of the former popularity of this type of fundraising.

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March 19, 2019, 07:34:45 PM
 #353

It WAS a good way in raising money for a project and I agree if we will go back to 2017 but have you seen an ICO that last for 10-22secs? Yes! There is! Fetch.ai, it was unfortunate that I tried to participate and I even leave for work today but they are fast enough. I hope it will be listed right away so I could grab some.

Binance had a lot to do with this , all ICO projects launched on there got quick coins sale

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cyramji (OP)
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March 19, 2019, 08:08:52 PM
 #354

It always depends on the ICO project that you want to invest mate. If you're preferred to invest in any finished projects then its a good idea to put money and for sure you will become profitable with it.. Rather than investing on some fresh ICO projects which is even though it's very promising it still not safe because mostly nowadays are infested by some scam project and the worse thing on it is .. It's to hard to determine what the real intentions because of copy pasting strategy nowadays of some ico project.
When you see bear market like this one , even Bitcoin is struggling to gain value, dont expect from an ICO project based on some utility tokens to resist or even get 10 percent from ICO price

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March 19, 2019, 08:11:25 PM
 #355

Yes and no, when there were a lot of good ico, there were many investors involved and ico was running smoothly, but now the condition of ico is not as good as it used to be and many people are rethinking investment in ico, I hope that in the future ico will be able to develop as well before there will be a lot of people investing in ico
I think even nowadays there are good ICOs that i bet if the started in 2017 they can reach soft cap in few days , But now they cant even complete Pre-sale. So it is not about ICO quality , It is about the process itself as a way to rais funds

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cyramji (OP)
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March 19, 2019, 08:13:32 PM
 #356

Ico is indeed one of the good ways to get profits, especially in 2017. But in the following year, a lot of fraud occurred, many ico failed, scam, making the popularity of ico declined and investor confidence faded, moreover the market situation deteriorated. Getting profits from Ico is quite difficult because you have to do an in-depth analysis of the project so you don't get caught up in fraud. This requires experience.
Good point man , thank you for your opinion

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MrGGates
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March 19, 2019, 08:15:20 PM
 #357

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 ).

be more careful in the future and I think ico will still be many and many also ico projects that really are serious about making projects because only a few projects are scam, you need to be careful
Gabali126
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March 19, 2019, 08:40:24 PM
 #358

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 worst thing that ever happened in the crypto community. It is what has caused the burden of trust on cryptocurrency today. I wish it was never discovered as a means of raising funds for projects.

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March 19, 2019, 10:54:45 PM
 #359

When ICO introduced that time its good for ICO to raise fund Many project raised much money like Bancor Protocol,ETH and more now many people used this format loot lot of people money I won't think now its good.
Thank you , It is still good , But It needs some regulations.

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March 19, 2019, 11:03:03 PM
 #360

In the beginning yes, but for now I think its not, to much high risk, because to much scammers or manipulators join ICO. Maybe you can do trading for gain some profit. CMIIW

But even now there are some good projects that need funding methods , and ICO can help , But we need to do some regulations , some funds always go to the right place

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