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Author Topic: Do you think ICO is a good way to raise money?  (Read 4397 times)
cyramji (OP)
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March 20, 2019, 11:17:16 PM
 #401

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 ).


Well they just used the money to make a profit from the bull run, they are fast to received but very slow to return, sometimes they don't return the money at all ICO is a great way to raise money for the legit project but not for investors who falls to scam ICO.
Indeed , they took profits from bull market then return the money with 1/4 value

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bartusv
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March 20, 2019, 11:34:31 PM
 #402

ICOs are a good fund raising option but lacking in confidence nowadays with reason. They are not regulated and
because of that many investors lost their trust and not investing in them anymore. They are not profitable as they
were before. Regulations or some kind of KYC is needed for ICOs as well not only for the participants.

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MakeMoneyBtc
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March 20, 2019, 11:53:25 PM
 #403

I think it was but right now it is not anymore good, at least not until someone takes responsibility to clean all this mess that exist in ICO market. Hundreds of scam ICOs that steal millions of dollars from people. The whole idea of ICO is destroying right now if someone is not going to take action soon.
PuertoLibre
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March 21, 2019, 12:13:26 AM
 #404

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 ).


Well they just used the money to make a profit from the bull run, they are fast to received but very slow to return, sometimes they don't return the money at all ICO is a great way to raise money for the legit project but not for investors who falls to scam ICO.
Indeed , they took profits from bull market then return the money with 1/4 value
Honestly, the profitable projects taked back all the winnings like in gambling session. What happened in bull markets is not question here and there is no more such thing called reliable ICO.
Lexurdania
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March 21, 2019, 12:54:08 AM
 #405

ICOs are a good fund raising option but lacking in confidence nowadays with reason. They are not regulated and
because of that many investors lost their trust and not investing in them anymore. They are not profitable as they
were before. Regulations or some kind of KYC is needed for ICOs as well not only for the participants.

Its because too many ICOs last year. I am agree that regulation needed in ICOs because many scam happen in 2018 and with regulation, it will prevent investor to invest in scam ICOs. KYC is good thing for investor and developers team

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rollingstorm45
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March 21, 2019, 01:05:17 AM
 #406

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.
all there is a risk, if we make money through the ICO project then the risk of failure still exists, but our losses are not that big different from gambling if we fail we will lose everything, but perhaps the most attractive option is to make money through trade capital that we will use and we can get out of trade if things are going bad.

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March 21, 2019, 03:54:46 AM
 #407

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 was a good way to collect funds from investors around the world, but it used by scammers to steal people's money.
So, the ICO won't become a good way to raise funds, unless they can prove that they are a real company, not fraudster.

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