ICO's Have Been Getting EXPOSED! Finally...

[Solondrado]

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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[rijaljun]

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.

[Viceroy]

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.

[X-ray]

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?

[Everglow]

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.

[jakelyson]

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.

[ccsang]

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 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.

[sorrros]

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)  .

[Bunsomjelican]

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.

[MUG1WARA]

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

[Flyingduck2K]

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.

[Pamadar]

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.

[semobo]

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.

[Zdraste16]

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.

[qazgroup]

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.

[Mia44]

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

[enhu]

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.

[sandgluenick]

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.

[Mrsparks]

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..

[passwordnow]

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.