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Author Topic: Do you think ICO is a good way to raise money?  (Read 4396 times)
cyramji (OP)
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March 19, 2019, 11:06:57 PM
 #361

          There is no need to generalize. Not all ICO projects are full of scammers. It is true that there are many ICO Scam projects and the idea of ​​investing in an ICO project if you do not have a vast experience on the cryptocurrency market is a suicidal idea. Normally, in a market full of good projects, ICO would bring a big profit to investors as they have the potential to raise very high prices. Unfortunately, a lot of scammers took advantage of this in order to trick people. I think it's best to invest in the top projects already listed on the exchange if you do not have the experience.
Good details , Thank you

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March 19, 2019, 11:25:23 PM
 #362

nowadays people are more interested in IEO, see with just a few hours all the tokens are sold out. this proves that ICO has not been too attractive, investors and developers have begun to like the IEO. maybe this year the ICO will be abandoned and the IEO will be popular, maybe even more popular than the ICO in 2017

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cyramji (OP)
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March 20, 2019, 12:34:20 AM
 #363

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 ).


Does it not effective? Even Scam projects are entering the market because ICO's are gaining allot of funds from investors. That is enough to say ICO is the best investment platform.
It was ,But now all ICO  projects are struggling in gathering funds except IEO from binance

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March 20, 2019, 12:36:09 AM
 #364

ICOs is a good way to raise money if you can choose the good and have a potential to push up their project at the top, there are some ICOs are still  scammer only they want is to stealing the money of many investors.

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March 20, 2019, 12:46:44 AM
 #365

I think not this time, it's too risky now to raise money in an ico project since most of the ico's now are unsuccessful. It is also not profitable when you invest on an ico now because of this market's situation. I think it is better to trade, or buy and sell for a sure profit earnings.
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March 20, 2019, 12:52:53 AM
 #366

the best way to get money is by trading. so if in crypto the best way to collect money is to buy and sell. it is a method that is always used by everyone if they want to get large amounts of results.
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March 20, 2019, 12:56:37 AM
 #367

nowadays people are more interested in IEO, see with just a few hours all the tokens are sold out. this proves that ICO has not been too attractive, investors and developers have begun to like the IEO. maybe this year the ICO will be abandoned and the IEO will be popular, maybe even more popular than the ICO in 2017

IEO more trusted because backup by big exchanger and its listed assurance. IEO could replace ICOs in near future but i think ICOs still alive and offering an alternative. Only qualified ICOs can survive in the future because most big exchanger will launch IEO
Darklinkz
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March 20, 2019, 01:47:09 AM
 #368

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 ).


Whoever owns that project needs to shift to another business because he don't know how to handles it. That $8M is already huge in this bear market and they are thinking its not enough. I even saw some ICO projects that did not reach their softcap that is just $2m but they still continue it because they know their efforts will someday be recognized and get more investors along the way.
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March 20, 2019, 02:17:27 AM
 #369

its depend on the team
if the team can manage and handle their community to hold i think they can survive on the first market
the price will not go down from their ico price
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March 20, 2019, 02:26:06 AM
 #370

Yes, ICO can indeed generate big profits. And what happened during 2018 many ICOs failed. Until now it still happens and investing in ICO is indeed risky. But that all depends on how you determine the ICO project selection.

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March 20, 2019, 02:32:54 AM
 #371

Ico will always be a quick way to raise funds for any project, what should be taken into account when investing there to avoid falling into scams, is the team, study well the Whitepaper and do relevant research to know the veracity of the project .

Many projects have been marred by the mismanagement of some project owners, however, there are already some new conditions to avoid these problems, some speak of STO, and great legal requirements.

I think the requirements are very necessary, since at the end of the ICO must be done if the promised thing is finally being carried out. Only in this way will the trust in investors be recovered even more, and the real reason why technology should be used and that it is worthwhile to continue with this type of money collection through ICO..

Currently there are projects that have become STO, which, I think is very good, because they are backed by recognized companies and have their legal documents under the law.

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March 20, 2019, 02:45:11 AM
 #372

Definitely not worth it to invest in ICOS right now people lost confidence because most of them are fake or scammed, even the legitimate ones are having a hard time raising funds because investors are skeptical and also we are in a bear market. Strict regulation must be implemented on ICOS so that people will trust again and raising funds will not be that hard to achieve.

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March 20, 2019, 03:02:52 AM
 #373

Many coins excelling on the market now become successful through ICOs where funds were raised to support the development of the platform and product. However, ICO is not the only factor for a coin or project to become successful. Factors like experienced team and good product which is highly in demand are very crucial in the determination of the success of a project hence it is good to research into these areas before choosing to invest in the ICO.
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March 20, 2019, 03:21:13 AM
 #374

I think working on an ICO project is not the best way to raise money because now most ICOs are scams. if you want to get money it's better to do daily trading. although the benefits of trading are not too much. it depends on crypto market conditions, but this is more profitable than the ICO project where the salary payment is unclear.

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March 20, 2019, 03:30:09 AM
 #375

I think working on an ICO project is not the best way to raise money because now most ICOs are scams.

Ico is a good way to raise money for the devs that has a plan on making a project but that was before when the time that ico do still have a  good reputation but now that there are many fake and scam ico's , the reputation of legit ico's were also got affected in which they cannot really obtain a good amounts of cash from potential investors  .
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March 20, 2019, 03:38:17 AM
 #376

For now the ICO is difficult to get money, the number of scam projects is the reason that ICO is difficult to accept, but I hope that very strict special regulations will be made to regulate the ICO so investors do not hesitate to place their money.
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March 20, 2019, 03:39:34 AM
 #377

in my opinion currently choosing ICO to raise money is a very small possibility because we all know that many ICO projects failed when they entered the exchange so that ICO investors suffered losses. if in the future the ICO can improve their system so that there is no more fraud, then we can take into account again for investment in the ICO.
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March 20, 2019, 06:07:08 AM
 #378

For now the ICO is difficult to get money, the number of scam projects is the reason that ICO is difficult to accept, but I hope that very strict special regulations will be made to regulate the ICO so investors do not hesitate to place their money.
this requires cooperation with the government, where we can see the Korean government that regulates the procurement of their ico projects. indeed it is not necessarily special and their project success but at least the regulation of the project is clear because there are regulations from the government. if all countries do that I think it will end well.
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March 20, 2019, 06:09:02 AM
 #379

Not anymore. It was a good way to raise fund back in the day but now it has turned a shit way because investors care about their money. Most ICOs raised fund and scam or raise fund and don't develop what they have promised. ICO are getting worst day by day.
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March 20, 2019, 07:29:49 AM
 #380

Yes ICO is a good way to raise fund for a project but that was before when investors still have confidence in it. ICO has been abused and many has lost hugely into it, though there are still some successful ICOs today but ICO success is not gotten on an easy lane now. You will need to do more to convince investors why they need to support the project.

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