repear7
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Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
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May 07, 2019, 12:44:19 PM |
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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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BitBustah
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May 07, 2019, 12:44:59 PM |
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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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goaldigger
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May 07, 2019, 12:45:21 PM |
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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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smyslov
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May 07, 2019, 12:52:14 PM |
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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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CryptoIyke
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Jr. Member
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Activity: 308
Merit: 1
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May 07, 2019, 12:53:36 PM |
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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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iconoclast
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Activity: 770
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Matrix Built On An Ethereum Smart Contract
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May 07, 2019, 12:54:40 PM |
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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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meanwords
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May 07, 2019, 01:10:14 PM |
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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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Leonardo7
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Activity: 686
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May 07, 2019, 02:00:46 PM |
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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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pungopete468
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May 07, 2019, 02:23:14 PM |
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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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peter0425
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May 07, 2019, 02:27:29 PM |
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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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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Decksperiment
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May 07, 2019, 02:34:52 PM |
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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.
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Tosyn2
Member
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Activity: 566
Merit: 10
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May 07, 2019, 04:26:27 PM |
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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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BryanK
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May 07, 2019, 05:05:23 PM |
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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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Iykecollinz
Copper Member
Jr. Member
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Activity: 294
Merit: 1
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May 07, 2019, 05:20:49 PM |
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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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trash321
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May 07, 2019, 05:43:16 PM |
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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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H1N1
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May 08, 2019, 02:55:24 AM |
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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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karagun125
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May 08, 2019, 03:03:28 AM |
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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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NightMar_1St
Jr. Member
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Activity: 309
Merit: 1
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May 08, 2019, 03:09:23 AM |
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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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Caladonian
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May 08, 2019, 06:51:11 AM |
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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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Kiweikoo
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May 08, 2019, 09:45:24 AM |
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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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