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Author Topic: Does ICO projects became an April Fools?  (Read 512 times)
erikoy (OP)
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April 01, 2019, 10:37:07 AM
 #1

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
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April 01, 2019, 10:44:24 AM
 #2

Yes, managers run out of such projects, because they do not get their salary. If they continued to pay, they would continue to respond to your messages. I do not think that such people have shame. After all, they are protected from punishment by a great network.
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April 01, 2019, 10:48:49 AM
 #3

I think even its not april fools day, they just not true to their words and they just put all their member in the state of hoping. Even the true allocated value for their bounty projects does not coincide with the real value after their ico project. I hope to see changes on the ico projects in the near future.
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April 01, 2019, 10:53:00 AM
 #4

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
Not sure about that but it looks like they are all still feeling worry about the condition of the crypto market. Some team may delay its listing. But we must always try to monitoring all of those guys. We will see what will happen after that.

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April 01, 2019, 10:54:22 AM
 #5

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.

Oh well, that's what majority of ICO is, so don't be surprised.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.
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April 01, 2019, 10:58:41 AM
 #6

Yeah, sometimes is like that. Anyway please don't invest in ICO that make an impossible promise. In my opinion, every ICO that promise ROI more than 100% in a month or create something that not even invented yet yadda yadda yadda is a scam.
Some of them are really great though, make a reasonable promise and fulfilling what he promised. Always do your own research before making an investment.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.

IEO has its own advantages though like it's listed on an exchange if they want their coin listed they have to complete KYC first so that's being said its almost impossible the team behind that coin/token is fake.

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April 01, 2019, 11:05:29 AM
 #7

i honestly have never seen any ICO that has ever been "promising". there has only been cases where the team showed a better capability of pumping their useless token but none of them had any future from day one and that part has always been too obvious for me and it is now obvious to everyone else too as they have seen their demise over the past year and also seeing how the new ones don't even live to see the light of day.

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April 01, 2019, 11:11:52 AM
 #8

Such analysis of ICOs as April fools seems to come out as what today is. I understand the ICO that Op is coming to. That icos disappear or are like joke but they with people's money just like that and this is not a good experience just like the effect of April fools if you are actually hit by the April fools.
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April 01, 2019, 11:15:01 AM
 #9

Even how hard you are monitoring them.
If they already have planned to abandon and dump the project.
It will reflect soon even they are talking that much on how good the project is.


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April 01, 2019, 11:25:00 AM
 #10

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.

It's April fools day throughout the years  for all these ICO coins, no hope for these ICO now, better pick the best one and go for IEO, investors are now going for IEO, maybe the days of ICO are numbered there are to many scam ICO now, all the tokens I've received are all shitcoins and useless token.
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April 02, 2019, 09:09:47 AM
 #11

That is why we should be very much watchful so as to avoid scams and put pressure on any company to make its promises fulfilled. There are many such projects which have made big promises during ICO and sales. But they have become lazy when the times come to implement their ideas and promises. So we should put pressure on them to push their agendas and promises through various social medias. It is also our responsibility to make things happen.

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April 02, 2019, 03:54:49 PM
 #12

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.

Oh well, that's what majority of ICO is, so don't be surprised.

And now the IEO is born, it might be difficult for those projects that are purely design for pump-and-dump because investors grew tired and since we have a new hype with IEO and much promising then don't be surprised if ICO will be obsolete in the coming years.
Don’t be too over confident mate that the fact it is an IEO project means there can’t be dump, to me, IEO even seems to me like the easiest way to really experience dumping because most IEO projects when launched on the exchange increases in price to almost 5x.

I learnt some even give upto 100% profit, this will make a lot of investor quickly think of taking profit and they will no longer wait for long term or hold it. If I too participate in an IEO project and it gives me 100% increase, I will dump the coin too and move on to other project rather than waiting for a very long time to see my profit compound.
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April 02, 2019, 04:12:45 PM
 #13

the project good when on ICO process only, after ico success it become april fools like you said before
but not surprised at all , many ico look like not getting serious to work on their project

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April 02, 2019, 04:14:53 PM
 #14

That why we need to be more selective if we want to invest
many project really amazing with out of mind project, like robotic and bla bla bla
it will ended with nothing
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April 02, 2019, 04:17:39 PM
 #15

There has been an active team of scammer who are using ICOs as a mean of scamming money out of people.
These scammers is one of the reasons why crypto is not recovering as thought it would be.
There was a time when people blindly believed crypto would make them rich but with changing time people have realised that ICOs are just another investment option.



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April 02, 2019, 04:18:16 PM
 #16

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
  The development team and potential of ICOs are very important. You need to know carefully before investing. Otherwise you will be fooled very easily. Many ICOs stop working. Their development team suddenly fell silent. that is really scary

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April 02, 2019, 04:29:43 PM
 #17

ICOs no longer gain reliability. Even good projects are sold under ICO, they encounter the same result. And as time goes on, they are getting worse. Let's hope with the return of the bullrun, ICOs will also recover.
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April 02, 2019, 04:35:05 PM
 #18

Well ICO's were not like how it used to be earlier. Now it's more like promising more and delivering almost nothing. On top of that these Airdrops and Bounties just flood the chat room on Telegram where all you get to see is when the coin/token will be listed, what's the price of the token/coin, why I did not get my coins/token and so on.

We need more concrete stuff and I think we have to do a lot of home before investing our time and money.
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April 02, 2019, 05:14:01 PM
 #19

I have always judge many of these projects too by this until recently I learnt not to judge every project that has dumped as being completely gone and dead, one of my mentor made me understand that some projects purposely dump the coin themselves so a to keep it relevant in the market till the market picks up.

I have also read this quite number of times but what I don’t know if this is the real situation or it is just a made believe thing, many project developers has been looking for a way to prevent their coin being dumped, initially many don’t enter exchange immediately till their project is perfect but some enters and gets dumped, so the only corrective measure is for them to dump first and still keep the investors in the coin.
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April 02, 2019, 05:24:35 PM
 #20

I know that many good ICO's around and some were very promising. HOwever, there are other ICO projects to which now looks like an April Fools who's team always talk to much but in the end of the ICO period all they have to do is to be silent, list the coin of the project and then dump the project. This is why we really monitoring from these guys to keep their promises before, during and after the ICO period.
Good timing with the name, so you saw april fools everywhere and you suddenly realized "wait a minute, some ICO's are so bad that they could literally be considered an april fools"? Cheesy. That is really hilarious. I have seen some "joke" coins to be honest, https://uetoken.com look at this for example, dude literally created a joke token and told people "you are giving me money and that is it" and people literally gave him 50 thousand dollars for it, they didn't get anything back it was just pure fun and named "useless ethereum token" and people still funded him.

So yeah, if you talk about these type of joke tokens they do exists and I find them amazingly fun to check, people who gave these guys money knew what they were doing, they didn't expected these coins to get high one day they literally just chucked and throw away their money to him so I see no problem with it.

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