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Author Topic: ICO's Have Been Getting EXPOSED! Finally...  (Read 715 times)
Solondrado (OP)
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April 28, 2019, 06:35:33 PM
 #1

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
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April 28, 2019, 06:45:27 PM
 #2

It has been exposed fr0m long time ago. The price on the market maybe high but that's not feasible as most projects don't have a real product yet. We actually need something for us to be able to watch the progress of a project so that there will be no information asymmetry between investors and project's team.

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April 30, 2019, 02:04:18 PM
 #3

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
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April 30, 2019, 02:06:44 PM
 #4

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Since it was created by scammer and i never trust it which mean if that can be considered as a scam project. I have seen anything related to the swachcoin and it's a scam. Why could those put their money on that garbage created by scammer?

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April 30, 2019, 02:07:20 PM
 #5

ICO has always been regarded as a venture capital, there is really a lot of risk for investors, and ICO itself is facing danger. Fluctuation of the market, hacked or many other problems. However, ICO will continue to grow.
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April 30, 2019, 02:18:13 PM
 #6

ICOs are startups so it will take years before they can realize any profit for investors. Most ICOs did not fare well during the bear season. This does not mean that they are all scams. If you see their team are legitimately trying to improve their product and open to discussion in their communication media, then they are not scammers. But some newbie investors readily scream scam when the price doesn't move or falling without even looking at the current status of the market or the project itself.

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April 30, 2019, 03:58:16 PM
 #7

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
Correct, a lot of scam in ICO, but I don't think 99.9% of them are complete garbage, maybe OP lose a lot of money in ICO Huh ICO is a great fundraising mechanism for new projects, but do not think that every ICO will turn out as a scam, I'm still believe in the bright future of cryptocurrency and want to note that not all ICOs are scam.
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April 30, 2019, 04:01:54 PM
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 #8

Instead of hating ICOs we should think about a new solution for crypto-start-ups because 80% of us that posting here are paid by these start-ups - they give us job, living (okay, they gave, after a crypto crash ikts a good way how to earn at least some money)  Cool.

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April 30, 2019, 04:06:19 PM
 #9

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

In the first place dude, I don't know where did you get the calculation of 99.9% that ICO so far are completely garbage. You should have a support link on this. Because if you don't have any link for this, it showed only that it was your only opinion and viewed about what is happening now in the project appeared here in the forum. Though, its true that most are scam ico that has been arise here, but I think it was last year not this year I guess.
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April 30, 2019, 04:11:07 PM
 #10

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

In the first place dude, I don't know where did you get the calculation of 99.9% that ICO so far are completely garbage. You should have a support link on this. Because if you don't have any link for this, it showed only that it was your only opinion and viewed about what is happening now in the project appeared here in the forum. Though, its true that most are scam ico that has been arise here, but I think it was last year not this year I guess.
indeed last year there were so many ico scams and this year it seems to have diminished because more and more people have identified them and they have quickly found that only ico scam

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April 30, 2019, 04:37:28 PM
 #11

lol @ 99.9% - this just shows how uneducated you are.
at the end of the day every company can fail regardless if its a ICO or a regular company.
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April 30, 2019, 05:35:18 PM
 #12

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

In the first place dude, I don't know where did you get the calculation of 99.9% that ICO so far are completely garbage. You should have a support link on this. Because if you don't have any link for this, it showed only that it was your only opinion and viewed about what is happening now in the project appeared here in the forum. Though, its true that most are scam ico that has been arise here, but I think it was last year not this year I guess.
Good point, there's should be a good backup for this claimed, if you can provide some evidence that 99.9% of any ico's are just nothing, maybe you can say 90% that's something to give for good developers that still positive that this industry will be moving forward, there's small percentage but there's still good project to be found if you will do hard research and study.
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April 30, 2019, 05:41:55 PM
 #13

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Still lot of new ICOs are launching to often which means still there are people to invest on the new crypto projects,but I am also agree that 99% were complete garbage,even if they are good projects the team doesn't continue their development when they have good profits.
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April 30, 2019, 06:41:38 PM
 #14

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Yes, such projects really have a place to be and badly spoil the reputation of the ICO as a whole.  But there are companies that really promote their projects and do not need to put all the projects in one row.  It is necessary to create tools to identify fraudulent projects at the initial stage, otherwise the ICO will not have a future due to mistrust.
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April 30, 2019, 07:43:19 PM
 #15

Have you checked details about Athero ico, they claim to have raised over 19 million in their tokensale, for which they do not provide any trackable proof, their token is already trading on some exchanges but the team has been behaving suspiciously they have not been active now on their telegram social media channels where they were readily answering members while ico, secondly they continued delayed bounty tokens and now final deadline was 20 april which has also passed and the team has disappeared there is no update or notification or email whatsoever so all this situation clearly depicts the scammy behaviour and massive red flags over this project, i hope team will be active again but chances seem rare for this.

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April 30, 2019, 08:03:16 PM
 #16

right, fraud on ICO projects is very much, various things are done to deceive investors, we as supporters are also often deceived by ICO fraudsters. I think ICO will be replaced by IEO program because IEO is safer than ICO. IEO can only be done if it has been trusted by an exchanger. if the IEO does not get IEO trust it cannot be done

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April 30, 2019, 08:07:06 PM
 #17


Yes they have been expose long time ago. Its not like 2015 where ICOs post their BTC address where we deposit our investment so that everyone can see how much had been collected, I don't know why we can't go back to that time when its always possible to ask for the escrows if only the team is honest about what they are doing. These days we can always see fraud because its not transparent anymore.

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April 30, 2019, 08:31:26 PM
 #18

I think you have observed more ICOs so you can say 99.9% is garbage, I rarely join ICO projects but I often hear from people that there is a lot of fraud and I compete correctly. At least there are some good ICOs, they are serious and try their best but there are other factors that make it fail. The situation is not good if, like this, the fate of ICO is threatened, ICO needs a more serious developer and team.
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April 30, 2019, 09:20:22 PM
 #19

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
In my opinion calling literally all ICOs a scam is erroneous... Although I think we have a high failure rate amongst ICOs of today, I still wish to maintain a level of optimism.. If you look at them all as garbage you will definitely miss out on the well to do projects..

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April 30, 2019, 09:50:43 PM
 #20

Tipestry seems to be new to me and I'll check it out soon. As for the ICOs, it's no more a secret that most of them are scams. There's no way for them to have that redemption because many of them are already exposed as scams. If there will be an interesting ICO, people won't buying it anymore because of the potential bad experience that awaits them. People are now interested with IEOs and this is the new way of investing and can easily dump the tokens but I'm sure that it will be crowded by scammers again.

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April 30, 2019, 09:59:23 PM
 #21

Indeed most of ICOs are a time and money waster, i never invest on a ICO as i remember, i only invest on coins which can bring a profit over time and i also can trade and get profit.
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April 30, 2019, 10:29:26 PM
 #22

Instead of hating ICOs we should think about a new solution for crypto-start-ups because 80% of us that posting here are paid by these start-ups - they give us job, living (okay, they gave, after a crypto crash ikts a good way how to earn at least some money)  Cool.

I agree totally with you
Ieos introduction have limited the number of valuable projects an Hunter can participate in
Truth is that ieo or ico; good project will remain good
And bad project will end up disappearing

Celer network as an example has gone too down in prices
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May 01, 2019, 06:15:14 AM
 #23

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

From what reliable source have you just harvested all of these information? I would rather say, if we are going to think of it critically, I think there would be a hard time for us knowing the truth about how ICOS are behaving on the market. I better suggest if we stop on advertising ICOs nowadays as they are now too deceiving unlike on our time before on 2017.

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May 01, 2019, 06:32:22 AM
Last edit: May 01, 2019, 07:46:35 AM by slashz9
 #24

not all but many of them, yeah maybe but some project has grow even with small fund.
im hear it from brother, his sold his coin early and the price is continue rising now, they only collected 250 ETH in ico at 2017.
now has gain and have 20 m$ market cap, this project use ETH platform in early then change to EOS platform now.
even in bounty when no one participate in their signature and has low participant in social media campaign.
its mean even with small fund your project will still running and continue growing if you serious and hardwork with that.this project name PGL.
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May 01, 2019, 06:37:36 AM
 #25

I think 90% of ICO are scam not 99% ,we still have good ICOs this year so far but scammers are the ones that ruin ICO life and now investors are running away from ICO projects ,I don't really blame them ,we need more assured way to safe investors fund

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May 01, 2019, 06:43:05 AM
 #26

99% of all ICO's projects are worthless or even scam. But, now even worse, with IEO token sale model no one even opens the project's WP, don't bother what problem team wants to solve - just buy and flip. Several noname IEO almost every day on Gate proof of that. Or greedy projects like Ocean, who raised already money about three times and this is not enough for them yet.
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May 01, 2019, 06:53:06 AM
 #27

The fact is that ICOs have proven to be a scam magnet, it became too easy to imagine a project and get funds through ICO.
Nevertheless, there are failures that are not blunt scams, these are projects that will never leave the drawing board... and this an issue that IEO will not be able to solve, this will only be solved by investors that need to learn to do their research, ask questions and think before investing... rushing after the gold is always a bad strategy...

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May 01, 2019, 08:12:11 AM
 #28

Yes, it's not like the same again and investors are more wiser than before. It's not like before when will always rush to put our money into them even without doing any tangible research about it. Most investors now don't just rush to invest in any of them and this is the reason why many of them are reaching even softcap again.

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May 01, 2019, 02:04:01 PM
 #29

It is not yet statistically confirmed that 99.9% of ICOs are scam, but the main problem is, to find good ICOs these days, is a hard nut to crack. Therefore, investors are either careful while investing or they do not not invest during the token sale. Well, despite all odds, there are still good ICOs, but difficult to find.
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May 01, 2019, 02:12:10 PM
 #30

Not only swachhcoin there was lots of garbage project which doesn’t have annnimtention to implement solution for problem they just want to raise fund and scam people that’s what they successfully done till now.
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May 01, 2019, 02:22:57 PM
 #31

I hope you don't equate all ICOs or projects with Tipestry because not all of them are, don't use your bad experience to judge all or most ICO is rubbish, try checking all existing ICOs and you will find there are many ICOs that benefit everyone involved in it even a bounty hunter
come on, you might be disappointed but you shouldn't say carelessly

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May 01, 2019, 02:24:36 PM
 #32

Even the new system i.e IEO will also follow this trend, if exchanges launching them aren't scrutinizing them before accepting them, because the scammers will start to use what is in vogue which is IEO.

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May 01, 2019, 02:55:53 PM
 #33

i would say with absolute confidence that 100% of the ICOs are pure garbage because a respected developer doesn't raise funds like this to release a token that has no usages. a respected developer would release an actual project that is going to be used and solves some problem from the world.
besides when something is mostly associated with scams, normal people stay away from it.

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May 01, 2019, 03:08:29 PM
 #34

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

Anything that makes a project bad it will be deleted and they keep anything that makes their image great for the sake of the investors view to their project, we dont know maybe they also paying people who can make good post and everything that can make their project unique that is also part of the bad marketing.
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May 01, 2019, 03:13:18 PM
 #35

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

Unfortunately, they have scammed a lot of people for us to know that ICO's are scammers game, and now that they are exposed they hardly reach their soft cap, and you are right they are faking their volume to attract more investors, but investors are wiser now or do not have anything to do with ICO anymore.

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May 01, 2019, 03:24:19 PM
 #36

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
Not 99.9% I think joining in an ICO is very risky it was you if you believe their promises, you can't blame them because you are the one who is responsible on your money you are the one who will invest on it be wise when it comes to an investment you didn't handle what they are thinking specially it was money involved it was your fault if you lose your money, ICO is 100% risky, regarding on the telegram they are the owner of the group they can do anything they want we can't control them so for now be aware on the scam and think before you invest.
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May 01, 2019, 10:19:03 PM
 #37

Malicious use of ICOs does not mean that it is a scam. So, you can not call crypto scam if most of the coins in the market is scam. Calling ICOs as scam is something like that. As if IEOs are much better...
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May 01, 2019, 10:30:29 PM
 #38

If today we are to take a consensus of ICOs that have been able to deliver at least 5 promises in their roadmap you'd be shocked that there aren't much ICOs like that. Most of them were built on the premise of lies in the form of Whitepaper.

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May 01, 2019, 11:45:29 PM
 #39

It is true that many projects are useless and just collecting funds without intending to develop anything, but your estimation looks too high.
There are still lot of projects with innovative  ideas  and working product.
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May 01, 2019, 11:57:25 PM
 #40

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There are still ICO’s who succeeds on their project though its sad because their value are quiet low after the exchange listing as expected. If the project deletes your comment on the telegram or keeps on ignoring the message of every investors/bounty hunters then it can be consider as a scam and already a loss for those who work for it.
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May 02, 2019, 01:12:36 AM
 #41

There's those with working products, with some or no publicity, like their volume is less than hundreds or thousands. And some with extremely good publicity, tons of members but no products or simply doesn't feasible to have one now, losses only can be recovered on some projects, when funds are depleted, nothings gonna left

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May 02, 2019, 03:13:22 AM
 #42

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
I really don't think that it's fair to lump all ICO's into one category and call every single one fraudulent and a scam. Yes, many scams do exist within the crytpo ecosphere. An ICO is the crypto version of an IPO. It's usually a fundraising event for a startup company.

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May 02, 2019, 04:34:16 AM
 #43

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There are still ICO’s who succeeds on their project though its sad because their value are quiet low after the exchange listing as expected. If the project deletes your comment on the telegram or keeps on ignoring the message of every investors/bounty hunters then it can be consider as a scam and already a loss for those who work for it.
I agree and I think telegram community chat is one of important clues that can be used as reference to monitor the potential fraud. The community and investors can judge from these conversations both the technical and non-technical issues of the project even though this cannot be the only benchmark.
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May 02, 2019, 04:59:55 AM
 #44

Although there are really a lot of scams in ICO projects now, it is wrong to assume that almost all of them are frauds. From my practice of participating in ICO bounty campaigns, only forty percent can be considered fraud. Even now there are many good and promising ICO projects that are worth joining. There is too much panic about fraud in the ICO in this forum. Yes, this problem really exists and it should be solved, most likely, by state regulation, however, the ICO projects are still alive and they continue to work.
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May 02, 2019, 05:08:05 AM
 #45

Although there are really a lot of scams in ICO projects now, it is wrong to assume that almost all of them are frauds. From my practice of participating in ICO bounty campaigns, only forty percent can be considered fraud. Even now there are many good and promising ICO projects that are worth joining. There is too much panic about fraud in the ICO in this forum. Yes, this problem really exists and it should be solved, most likely, by state regulation, however, the ICO projects are still alive and they continue to work.
Now the trend of ico actually has increased in terms of improving the quality of the project after the beginning of the year and also the end of 2018 so many failed projects or indications of fraud are quite large. Hopefully this can make investors' trust back too,
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May 02, 2019, 07:41:34 AM
 #46

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

It is a shame that Swachhcoin is turned to a scam project. I am agree that many ICOs nowadays are trash, but not all of them is trash.
That's why to prove the amount of raised funds in a project, IEO is the best solution.
When the project is listed in IEO of some exchange, the total amount of sold token is shown by the trade history.

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May 02, 2019, 07:09:00 PM
 #47

The ICO market keeps going down as the day goes by because a lot of investors are already tired of losing money to scammers all of the time without being able to get a value for what they have paid for, and they have seen IEO so they have left the ICO market to the IEO market to see whether they would be able to make profit from this since it is controlled by exchanges that have built reputation for themselves.
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May 02, 2019, 07:26:49 PM
 #48

It's true most ICOs were garbage. Crypto attracted young entrepreneurs with no or little experience or simply people with questionable ethics. When there are opportunities to make so much money, it can reveal the true nature of people. With that being ICO fundraising is a beautiful way to allow the masses to invest and I really believe in that. You should definitely do extensive research but I don't think ICOs are bad in their nature. It's just that we did a bad job at working with them since they were so new.

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May 02, 2019, 07:35:41 PM
 #49

You won't find any great project without a good research. Just investigate the forum and you will find some awesome projects that are still live and are holding a bounty programme. Spend some time by doing this and you will find awesome ICOs and bounties.
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May 02, 2019, 07:54:23 PM
 #50

ICOs are actually good for fundraising of a new project, but they should be strictly regulated to keep scammers away. There have been a lot of scam projects over the past one years, so people don't trust ICOs anymore.

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May 02, 2019, 07:58:46 PM
 #51

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There are still ICO’s who succeeds on their project though its sad because their value are quiet low after the exchange listing as expected. If the project deletes your comment on the telegram or keeps on ignoring the message of every investors/bounty hunters then it can be consider as a scam and already a loss for those who work for it.
Indeed, many are still on the success route and investors are still investing in them. Although many of these ICOs have done much harm than good but not all of these ICOs are really bad or scam. In as much there is a good product behind any ICOs, it will definitely succeed.
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May 03, 2019, 12:59:31 AM
 #52

Now many investors are no longer interested in ICO projects and indeed many ICO projects are garbage projects, they have engineered their whitepaper or roadpaper, many projects are not clear where their products will be developed,

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May 03, 2019, 07:22:40 AM
 #53

You won't find any great project without a good research. Just investigate the forum and you will find some awesome projects that are still live and are holding a bounty programme. Spend some time by doing this and you will find awesome ICOs and bounties.

Yes, now in the current situation of the market it is a very tough job to find the potential about the project whether it has the ability to reach what they mentioned on the roadmap. In order to find the legit project, we have to research a lot about the project and whether their bounty program is running or not to get more details about the project.
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May 03, 2019, 07:31:58 AM
 #54

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There are still ICO’s who succeeds on their project though its sad because their value are quiet low after the exchange listing as expected. If the project deletes your comment on the telegram or keeps on ignoring the message of every investors/bounty hunters then it can be consider as a scam and already a loss for those who work for it.

I'm not against ICO fund generation even if  some projects used it to scam people since we have already learned some lessons on it during those previous ICO booms. I would rather convince my fellow crypto enthusiasts to try not to invest in an ICO without doing an extensive research first and most probably we should try to find ICO's which has already a working platform and we should be broadminded and see the signs first before having an investment commitment to a particular project.
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May 03, 2019, 07:34:22 AM
 #55

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

I won't say that 99.9% of the ICOs are garbage, but currently around 80% to 90% of them can be given such a description. There was never any shortage of scammers in the crypto world. But the scammers were quick to notice that scamming investors is very easy with the ICOs. That's why after the success we had in 2017, so many of the ICOs of 2018 turned out to be scams. Perhaps buoyed by their profits in 2017, some of the investors also failed to thoroughly examine the ICOs during 2018.

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May 03, 2019, 07:51:41 AM
 #56

So many projects just lie in their white paper and after ICO that’s the end. This is why some people want cryptocurrency to be regulated. There are too many garbage and lots of exploiters and jokers. The problem of cryptocurrencies is adoption because most projects don’t have working  product.
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May 03, 2019, 08:00:12 AM
 #57

So i think also that its better to bought some altcoins like bitcoin,ltc,eth and xrp to secured your funds than investing like of ico scams and many of they can't follow always on their roadmap.
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May 03, 2019, 08:12:49 AM
 #58

It has been exposed fr0m long time ago. The price on the market maybe high but that's not feasible as most projects don't have a real product yet. We actually need something for us to be able to watch the progress of a project so that there will be no information asymmetry between investors and project's team.
There no doubt need to be an indicator that could really give you an insight into the progress of a project. If you do not have that, you would not be able to know if there is any progress. Due to this very problem, ICOs have been target pf scams on the market and people just lost their trust in ICOs. They have now switched into IEOs and looks like this fund raising mechanism is working pretty well.
ico now have less participants now, developers team prefer use their fund and re allocate to IEO listing fee on exchanges.and investors now understand they could lied by fake dev.and i am agree to protect investors we need new regulation in ICO or IEO.
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May 03, 2019, 08:21:06 AM
 #59

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.


I do not fully agree
but the facts are mostly like that.
nowadays ico is no longer as interesting as a few years ago, especially seeing that most developers did nothing in this situation. not as said on paper white.
but again, I don't think that overall ico is a shitcoin or a scam. some of them really have good opportunities to make a profit.

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May 03, 2019, 08:36:15 AM
 #60

Its really scary what ICO projects have turned into and I feel like I will never engage in them anymore ,some ICO projects looks so good that you will believe they will perform better but in the end its just waste of time and money ,I think its better if ICO vanished from crypto space for good

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May 03, 2019, 09:20:13 AM
 #61

Its really scary what ICO projects have turned into and I feel like I will never engage in them anymore ,some ICO projects looks so good that you will believe they will perform better but in the end its just waste of time and money ,I think its better if ICO vanished from crypto space for good

I think it will be much more scary if we only sit and watch on those scumbags doing their thing. Now is the time to be vigilant I mean we should ask relevant questions on anything about the project so that we can observe them if they are indeed legit or not. Secondly, we should report or notify or alarm the community on anything suspicious we see on them so that those scammers may get discouraged in doing any kind of fraud.
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May 03, 2019, 09:47:34 AM
 #62

That's how you respond for some ICO when you benefited on them from bounty campaign? Of course not all are total garbage, some are still decent projects and you just need to research which is which. Im sorry but this post of youres showing that you dont know a dime of a potential ICO. Yes there are many scams, but if you screen those ICO you will find aome of them are worth investing. Check out ATOM? It is indeed an ICO, without any IEO connections, see where are they now? So you still tell that all ICOs are scam? Still a newbie always a newbie!
Majority of the ones that has ended up becoming shitcoins or garbage as we call them and also now see as scam didn’t intend packing their package and abandoning their project, some of us still contributed to why they parked up, we have many people that have sound ideas but not great fighter.

Instead of us investing with them and leaving them to fully develop before we cash out our profits, we dump them shortly after they enter exchange by selling off and then we come here to accuse them of being scam, the only people I see as scam are the ones disappearing immediately after raising money for the ICO.
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May 03, 2019, 09:49:40 AM
 #63

Most of the ico's are real scam , and i don't trust any of them. So try to choose project on listed (major exchanges) if you wanna participate crypto space.
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May 03, 2019, 01:02:08 PM
 #64

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires.
This is actually great. I hate those companies that are faking their money raised in order to hype people. Then at the time of releasing of token, nobody from their team makes development and it is quite annoying.

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May 07, 2019, 05:52:09 AM
 #65

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
This is not entirely true. The percentage of fraud among ICO projects is indeed high, but clearly does not reach 99 percent. There are very many promising ICO projects on the market that are capable of developing further and improving cryptocurrency. The popularity of ICO projects can still rise, if fraud is removed by regulating this type of activity by government agencies.
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May 07, 2019, 05:58:30 AM
 #66

ICOs were just a quick grab if funds except the ICOs done in the days of Bancor, Sonm and Co. Late 2017 and 2018 ICOs became scammy.
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May 07, 2019, 06:25:26 AM
 #67

ICOs were just a quick grab if funds except the ICOs done in the days of Bancor, Sonm and Co. Late 2017 and 2018 ICOs became scammy.
Therefore, it is necessary to reduce risks and participate in the IEO. I have one project in mind, token sales will begin very soon, or rather in 3 days. Gexan.io
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May 07, 2019, 06:55:34 AM
 #68

Not true, theres still a lot of projects that is successful. Better participate on IEO though especially if the project has potential and working product already. Just chekc the project wisely. And don't participate ICO with product and no transparent team.

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May 07, 2019, 06:58:42 AM
 #69

ICOs were just a quick grab if funds except the ICOs done in the days of Bancor, Sonm and Co. Late 2017 and 2018 ICOs became scammy.
Therefore, it is necessary to reduce risks and participate in the IEO. I have one project in mind, token sales will begin very soon, or rather in 3 days. Gexan.io
Is that their branch or am I wrong? https://bitcointalk.org/index.php?topic=5136520.0
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May 07, 2019, 07:03:45 AM
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Not true, theres still a lot of projects that is successful. Better participate on IEO though especially if the project has potential and working product already. Just chekc the project wisely. And don't participate ICO with product and no transparent team.
It's really good if people want to invest in the ICO or IEO because they can still benefit from the investment. And that really must be seen from the product in the project. Because with that, maybe the investment will be better for projects that really have potential in the future.
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May 07, 2019, 07:08:49 AM
 #71

Its very easy to recognized a scam ICO and team and yet many investors fall for this scam icos, many ICOs especially last 2017 are garbage I agree I have seen very few legit and real projects some ICO owners at this year was too greedy raising millions of dollars and with no product until now..

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May 07, 2019, 07:19:52 AM
 #72

Reports say that almost 70 percent of ICOs have disappeared from the market so far. It is because of various reasons like failure to raise intended amount of funds to support a project or because of scam project only always on the look out to collect funds and run away. We are seeing that reputed and so called good companies are running away being as a scam. So we must expose scam projects to save new innovation, cryptocurrency.

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May 07, 2019, 08:17:45 AM
 #73


Is that their branch or am I wrong? https://bitcointalk.org/index.php?topic=5136520.0
That's right. I read their topic, there are many positive reviews, but the project itself is better to study through their website https://gexan.io
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May 07, 2019, 08:23:13 AM
 #74

Still bounty campaigns were running on this forum which shows that still ICOs were launched even though IEOs were trending at the moment.Most of them were scams in the past months so people need to be much careful before promoting the project which is the feed for the scam projects to increases.

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May 07, 2019, 11:11:13 AM
 #75


Is that their branch or am I wrong? https://bitcointalk.org/index.php?topic=5136520.0
That's right. I read their topic, there are many positive reviews, but the project itself is better to study through their website https://gexan.io

I need to keep an eye on this IEO, I have not seen this yet, but I am more interested in the return on investment than the project itself.
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May 07, 2019, 12:16:32 PM
 #76

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

For me to consider, I find that only, 10 percent of all the ICOS launched on the market are real and profitable, after many projects saw how good ICO system is, they already tried it out for their own sake without considering how the investors and people here will going to benefit. In short, the times of ICO is already finished, we should look forward on somehow profitable yet, needs out time to it which is trading.

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May 07, 2019, 12:30:20 PM
 #77

From today's point of view on the ICO it is clear that most of the people look into it as scam one, most of the time a team behind it has a full control on the information that they are giving to the public specially to the sales, as you can notice most of scam ICO has been SUCCESSFUL in terms of the sale because they can put a huge number on the raised amount so that a true investors will invest because they can see the success on the sales even it is not true.
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May 07, 2019, 12:31:27 PM
 #78

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.


In a sense, ICOs sell imagination for the future. This fictitious purchase decision is entirely up to you. Keep in mind that most coins that you've been saying today are major once passed the ICO process.

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May 07, 2019, 12:35:09 PM
 #79

I think so, but IEO which known as a new name of ICO still lives good. Many people are investing in IEO, since March IEOs has raised about USD 452,214,382.00 as on https://www.coinschedule.com/stats statistic. It shows that investors still believe in new quality projects and support them.
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May 07, 2019, 12:38:12 PM
 #80

Though ICO have been exposed already bounty hunters are still participating with them and of course investors also. They are still risking though they dont even sure if its going to be successful or not. Its like investing in Bitcoin that we know price is volatile.
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May 07, 2019, 12:44:19 PM
 #81

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

For me to consider, I find that only, 10 percent of all the ICOS launched on the market are real and profitable, after many projects saw how good ICO system is, they already tried it out for their own sake without considering how the investors and people here will going to benefit. In short, the times of ICO is already finished, we should look forward on somehow profitable yet, needs out time to it which is trading.
I think this is a manifestation of your disappointment with the ICO and not representing it as a whole, do you have valid proof so I agree with your opinion? Lol, 99,9% is very excessive, indeed I find many ICO deceiving investors in 2018 but there are some who are successful. very boring market conditions are one of the causes of so many failed ICOs
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May 07, 2019, 12:44:59 PM
 #82

Calling 99.9 percent of them complete garbage is just unfair.  There have been some successful ones and some good ideas but this bear market has been brutal.

I'm most interested to see if any of these proof of stake projects gain more traction over the traditional proof of work coins.
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May 07, 2019, 12:45:21 PM
 #83

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

We know that almost all of the ICO's specially new projects is a scam but i do not agree that it falls from a 99.9% mark. If you have an experience wirh this kind of percentage then there's something wrong with you. Maybe you bought a lot of shitcoins then that iasreally the problem.

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May 07, 2019, 12:52:14 PM
 #84

They are not only exposed but they are marked as a scam, gone are the days when the majority of the ICO are legit and every investor are in a hurry to invest but now, even if the project looks legit and heavily promoted, people can still see it's weakness and will fail to generate funds, because so many investors are getting enough of these ICO's.
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May 07, 2019, 12:53:36 PM
 #85

I had actually envisaged it will come to this, the period there were a proliferation of ICO's and a lot of them failing and exiting scams, currently it has gotten to the stage people do not trust them anymore. Right now any project that wants to provide its worth should go via campaign only and prove its worth. It will take time before any ico will survive again

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May 07, 2019, 12:54:40 PM
 #86

An ICO is just a method of raising money and as such is neither good or bad. They can be prone to abuse because they are completely unregulated. If you invest you need to do your own due diligence. You also have to be aware that they are startups and most startups fail within their first 2 years. If you can live with those risks, invest. If you can't, don't.

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May 07, 2019, 01:10:14 PM
 #87

There's been a lot of activities lately against ICOs. It's good thing that most ICOs are getting exposed before they could even get to there schemes. Since Bitcoin is going up again, it's a good thing that shitcoins are getting filtered out and only legit projects are getting some sunlight.
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May 07, 2019, 02:00:46 PM
 #88

We have too many dishonest teams conducting ICO and they are scammers, they are only out to scam the public, even the very few good once do involve in budget padding of their project. This has brought untold hardship to investors and has made some persons never to participate in any new project. The IEO is not even helping matters.
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May 07, 2019, 02:23:14 PM
 #89

I think so, but IEO which known as a new name of ICO still lives good. Many people are investing in IEO, since March IEOs has raised about USD 452,214,382.00 as on https://www.coinschedule.com/stats statistic. It shows that investors still believe in new quality projects and support them.
More and more are doing the IEO as well as now. Even though many who benefit from the IEO many also suffer losses. so in my opinion what must be fixed at this time is the system from the IEO which is indeed changed,many of which still need to be repaired

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May 07, 2019, 02:27:29 PM
 #90

We have too many dishonest teams conducting ICO and they are scammers, they are only out to scam the public, even the very few good once do involve in budget padding of their project. This has brought untold hardship to investors and has made some persons never to participate in any new project. The IEO is not even helping matters.
It's about time that there are re structuring because ICO are majority scams, like 90%. People have lost so much money that ICO is like a big problem in our shoulder that should be thrown away. Right now IEO is the latest craze and it seems we got some positive response from the community.









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May 07, 2019, 02:34:52 PM
 #91

I had actually envisaged it will come to this, the period there were a proliferation of ICO's and a lot of them failing and exiting scams, currently it has gotten to the stage people do not trust them anymore. Right now any project that wants to provide its worth should go via campaign only and prove its worth. It will take time before any ico will survive again

Most project's with ICO has been in the limelight recently and is being typecasted as scam but we all knew that some of them are indeed worthy projects. Although it may have been a challenge for the team of a real projects to earn the confidence of the community,  some members still believe in them that is why there is a growing trend right now which is a reverse ICO - a less risky alternative to ICO. Smiley
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May 07, 2019, 04:26:27 PM
 #92

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.
The truth is not all ICOs are scam, there are still some with good intention and genuine project ideas but these are very few compared to the number of scam. And besides nowadays teams would rather go for IEO than ICO, I think this a better way of showing commitment to the project.
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May 07, 2019, 05:05:23 PM
 #93

Very strange that you began to speak negatively about the bounty program only in 2019) it seems to Me that the bounty program is very long dead. But some of the projects live.
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May 07, 2019, 05:20:49 PM
 #94

ICO's became unpopular the moment most renowned projects and especially those that their bounties were managed by professional bounty project managers failed. I have seen a lot of project that have survived without going through ICO's and that is my focus now. Any project or developer that is sure he is worth his onion should go via the way of development without launching ico. This is why I chose to promote veil. ICO is dead and may resurrect but not soon

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May 07, 2019, 05:43:16 PM
 #95

Perhaps this is so, but people will still pay. I think that in general the situation will decrease but I think that people are not opposed to taking part in the ICO because this is the only place where there are real fees. Although many people think differently.
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May 08, 2019, 02:55:24 AM
 #96

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

Well, i still interested in some ICO's, but of course only a good ICO. For example is Bcnex ICO. They already raised 2000 ETH in their first round token sale.
Actually there are still some good ICO's out there, but there are only few and that will makes peoples difficult to find those ICO.
Hopefully the IEO will be the best option for investors who want to investing their money on cryptocurrency.

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May 08, 2019, 03:03:28 AM
 #97

No doubt now why most of investors loses their trust with the ICO. Additional for this yhread, maybe now many of the inveators that believes in ICO have to losentheir trust with ICO, no bright future that ICO could bring. It's better to switch into IEO, there would be good features in IEO for future inveatments.
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May 08, 2019, 03:09:23 AM
 #98

I still see that there are many good projects, not really 99% garbage as you said. I am sure that you did not learn about the ico but gave that conclusion
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May 08, 2019, 06:51:11 AM
 #99

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

Well, i still interested in some ICO's, but of course only a good ICO. For example is Bcnex ICO. They already raised 2000 ETH in their first round token sale.
Actually there are still some good ICO's out there, but there are only few and that will makes peoples difficult to find those ICO.
Hopefully the IEO will be the best option for investors who want to investing their money on cryptocurrency.
In terms of much faster  liquidations yes, IEO's is better but in terms of long term investment there's still no clear directions yet, as everything will still depends from the success of the team establishing the system and make the project more usable, it's still a project where the team is targeting the community support to adopt the system that they've built for the benefits of everyone who will use it.
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May 08, 2019, 09:45:24 AM
 #100

Very strange that you began to speak negatively about the bounty program only in 2019) it seems to Me that the bounty program is very long dead. But some of the projects live.
Not really all of them. There are still great projects out there but the problem is the lack of investment. Due to the dubious and fake ICOs, people have started thinking a hundred times before putting in their money in any project and this is very rational because ICOs have caused great financial scams. The best projects now prefer to enter the market via IEO which is something that the people believe is a good and reliable way to invest.
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May 08, 2019, 10:30:52 AM
 #101

I hink its time to get rid of ico besides many crypto enthusiast have lost their trust on ico projects. Now why just we try new for the better? There is called IEO that has something good in it and i think its more reliable than ico since ico lost their credibility now.
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May 09, 2019, 04:17:02 PM
 #102


That's right. I read their topic, there are many positive reviews, but the project itself is better to study through their website https://gexan.io

The token sale is tomorrow. IEO Info: https://p2pb2b.io/token-sale/GEX

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May 09, 2019, 05:20:24 PM
 #103

Reports say that almost 70 percent of ICOs have disappeared from the market so far. It is because of various reasons like failure to raise intended amount of funds to support a project or because of scam project only always on the look out to collect funds and run away. We are seeing that reputed and so called good companies are running away being as a scam. So we must expose scam projects to save new innovation, cryptocurrency.
Nah Jpti, where on earth did you get this record lol, are you saying the crypto market is basically used for scamming. I know the rate of bad projects in the market is alarming but that percentage is still too high.

Ok let do it this way, the total cap we presently have in the market is about 188 billion dollars, and I also read a report this morning where it was reported that the total fraud that has occurred in the crypto space is about 1.2 billion dollars which is not even up to 1% of the total cap, let us even say we have another 5% of bad projects in the market, the total scam and bad project has not gulp more than 10%. That is if it is even up to that.
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May 09, 2019, 06:03:49 PM
 #104

ICO today is a dying part of the cryptocurrency market, but nevertheless ICO still helps many people take a very serious step towards success, so I think that in general it would be better to really try to do it until it is simply canceled.
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May 09, 2019, 07:16:26 PM
 #105

There are really a lot of scam among ICO. However, I do not agree that 99.9% is garbage. I think that just over half of the ICO are unsuccessful projects and scam.
There has been a lot of research lately on that topic and the findings are that 90% of icos fail, that is a terrible failure rate and it is not something that can be maintained over the long term, if 90% of the people keep losing their money then there will not be any more money for the legitimate projects and this will eventually create an environment of distrust among investors which is what we are seeing now.
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May 10, 2019, 02:22:10 PM
 #106

Yes, I helped this project and expected to get a good profit. But it was very unfortunate. Administrators of the group in the telegram do not deny that they cheated people.
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May 10, 2019, 02:28:12 PM
 #107

There is nothing as ICO getting exposed, in the crypto ecosystem scams and cheats were very common. ICO too is a part of the crypto ecosystem, so it is not an exception. We the users need to be very responsible in analyzing the market, the project, the legitimacy, the possibilities of the same project getting to be scam and more other factors. With this we can stay away from such projects.

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May 10, 2019, 03:20:34 PM
 #108

On a serious note, ICO has been a thorn in the flesh of many but I don't really think we shouldn't give it a chance again. Many here in this forum earn their daily income through ICO so there's a need for it to be and there's a need for a new crowdfunding model that will truly protect the interest of investors and enforce accountability on the team of a project.

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May 14, 2019, 05:29:04 PM
 #109

Very strange that you began to speak negatively about the bounty program only in 2019) it seems to Me that the bounty program is very long dead. But some of the projects live.
Not really all of them. There are still great projects out there but the problem is the lack of investment. Due to the dubious and fake ICOs, people have started thinking a hundred times before putting in their money in any project and this is very rational because ICOs have caused great financial scams. The best projects now prefer to enter the market via IEO which is something that the people believe is a good and reliable way to invest.
The good projects have spread amoung the ones that are scams and unfortunately now people can't tell the difference between what's good and bad because the number of scam ICOs is just surpassing the best ones. Even though there are still some good project out there as you said people don't trust ICOs anymore so there is no point in opening one unless you have a really good plan behind and someone that could help you with guaranteeing for your trust.
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May 14, 2019, 05:42:36 PM
 #110


perhaps the percentage of 99% is too high but still more than half of the ico is scam or will not have success on the market, it is necessary to choose well which ico to participate in order not to have bad surprises, we have to do our own research before investing...
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May 14, 2019, 05:46:45 PM
 #111

Check the scam accusation thread, there icoethic and coolcryptovator along with some more member bashing the fake ico. That's a good move for the whole crypto era.

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May 14, 2019, 06:20:57 PM
 #112

Ico give negetive result most of the time in last year or so. We need some strict regulation to keep a check on it so that investor money will be safe.  But still after long discussion we havent get any conclusive act on it. If things are not regulated it will be very difficult in long term surviving of crypto

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May 14, 2019, 06:42:42 PM
 #113

There is nothing as ICO getting exposed, in the crypto ecosystem scams and cheats were very common. ICO too is a part of the crypto ecosystem, so it is not an exception. We the users need to be very responsible in analyzing the market, the project, the legitimacy, the possibilities of the same project getting to be scam and more other factors. With this we can stay away from such projects.
Yes even I thought the same initially I can have explain my personal experience happened by trusting one of major ICO that is centra I thought it would next best crypto payment system also thought it will make crypto easier to access everyone . Finally it became huge scam most of the investors lost money . Now that’s value is nothing.
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September 10, 2019, 06:09:35 PM
 #114

Yes I agree with you, lots of ICOs sprung up with no product or project vision. It's saddening how a good course was used to swindle investors money. ICOs are not bad but the players are because projects need funds to build their projects and ICOs is their one shot at it.
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September 10, 2019, 06:15:12 PM
 #115

most investors today are smarter and they move from ICO to IEO and even STO. this proves that in my opinion ICO is getting worse. and also IEO is better than ICO.
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September 10, 2019, 07:22:30 PM
 #116

@Solondrado, I think you have majored mainly on Swacchcoin, which might not indicate that all ICOs are like that. Yes, people do not really trust ICOs, because most of them are scam, but do you know that, there are still few of them that still bring good name to the system and can be trusted. The problem a lot of people encounter is whic to go for.
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September 11, 2019, 04:21:42 AM
 #117

If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

Only a few projects are now doing ICO because they have found a better replacement in IEO, if a project is legit they should do an IEO and if they don't have funds to get listed and their option is to do ICO, then they better be transparent as they can, because investors will have second thought in anything related to ICO.

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September 11, 2019, 05:48:43 AM
 #118

Not all of them, not even 99% as you can see most of these ICOs suffered last year especially because of bear market and those successful ones were suffered as well with the same reason that is because of their collection being devalued. And for those scam ICOs those are just greedy people who want to milk poor and investors who doesnt even make any research before releasing money.
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September 11, 2019, 07:10:49 AM
 #119

I think that's all bad ICO projects can do.
Bad or fraudulent ICO projects often have a common trend that promises a lot, promising huge returns for investors.
But when they raise enough capital, they will run away like many projects did in 2018.
Be really careful and test the project thoroughly to avoid these scammers.

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September 11, 2019, 07:20:03 AM
 #120

Now investing in new cryptocurrency companies is a huge risk, especially if they conduct ICOs, so before investing in companies that conduct ICOs, you need to think about your actions and the consequences of investing in such companies a hundred times, because now you can protect yourself by investing in IEO`s which are held on top exchanges such as binance, huobi, gate, because on these exchanges you will always make profit and it will be unnecessary to worry about your investments.
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September 11, 2019, 07:26:10 AM
 #121

it is undeniable that many ICOs have ended up with fraud and their tokens have become junk, in this case I take the example that recently happened is miracletele. they have cheated many investors including prize hunters who buy their tokens on the exchange. tens of thousands of dollars have been washed away and ico's reputation has been destroyed. 2018-2019 is not a good year for ICO projects
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September 11, 2019, 09:05:09 AM
 #122

it is undeniable that many ICOs have ended up with fraud and their tokens have become junk, in this case I take the example that recently happened is miracletele. they have cheated many investors including prize hunters who buy their tokens on the exchange. tens of thousands of dollars have been washed away and ico's reputation has been destroyed. 2018-2019 is not a good year for ICO projects

Therefore ICO began to be avoided by investors. Now ICO has changed its face to IEO and it is better not to reoccur ICO scam events like 2018, we better do research on a project and most importantly the developer team behind it

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