Don't be too quick to judge ICOs

[oseikuf44]

About 90% of coins listed on coinmarketcap raised their funds through ICOs, so how then do you say 99% are scams? where do you get that data from,you must at least cite source. The fact maintains that most ICOs couldn't raised enough money for their projects but it doesn't mean they were scam.

[bitcoindusts]

A team has to make a study first before deciding to make an ICO for their project, ocne they know the project is very doable and they have some type of people who an build relationship to which industry they focus that's when they shall decide. Some projects didn't have to do an ICO to make a success in starting up a project.  Polymath for  example didn't do an ICO, they just airdropped tokens and see if they can build a community that will support the project. Teams that doing an ICO must have miss something else to which in the end they end up being scam.

They want a quick and easy money so this is how they end up. How many projects I supported already through bounty campaign that after a successful token sale all the developers just disappeared, they left their telegram channel and ran away with the money they got from their ICO with out even paying bounty hunters.

[Ochakemaput]

But every investors needs to say that what they are investing and which will be the best for their investment and right now we are in confused state to choose the right investment so maybe your thoughts are also correct in this situation don't judge anything very quickly it will be a bad decision in this time.

the market and crypto assets cannot indeed be predicted by 100% accuracy. we can see some assets that we value will not be able to wake up again because there is no community talking about it again, suddenly doing a pump and all are surprised by the increase that occurs.

[Augustyusuf]

thats because over 50% ICO project from 2018 qnd until now was really scam, so it make name of ICO itself became worst, and now appeared new crowd fund system called IEO, and it could be better than ICO because IEO handle by third party (exchanger).

[aderidwan98]

I also think that the fall in the price of ICO Coin does not mean it is a scam, because it is a market mechanism, and not only ICO Coins are falling in price, many other coins also experience the same thing

[Altero]

I also think that the fall in the price of ICO Coin does not mean it is a scam, because it is a market mechanism, and not only ICO Coins are falling in price, many other coins also experience the same thing

Yes we thing it that, but as what we mostly experience into participating ICO project will almost fall into scam and some where just doing an exit scam just to hide their real intention. This is the reason why it brings a doubts to every investors and participating ICO is not a guarantee that we can make money but rather to make it lost in just a second.

[nutriagrigia]

I also think that the fall in the price of ICO Coin does not mean it is a scam, because it is a market mechanism, and not only ICO Coins are falling in price, many other coins also experience the same thing

Yes we thing it that, but as what we mostly experience into participating ICO project will almost fall into scam and some where just doing an exit scam just to hide their real intention. This is the reason why it brings a doubts to every investors and participating ICO is not a guarantee that we can make money but rather to make it lost in just a second.

It all depends on how you choose the projects. Do you really promote the project that you have in your signature and think that people will lose their money there? then why are you doing this?

[naruto7676]

If you preferred ieo to make investments then dont judge the projects that offers ico because no matter what they used as fundraising it can be scam,and not all ieo projects are good to make investments same as ico but it depends in the investors to choose like this project the Dencoin tokens that only offers ico but this project is legit and trusted so i prefer to fo here.

[logicgate]

Yes this is true i understand your point, As i am always saying here people are very judgmental although i can't blame those people talking bad about ICO because of the scammers but i hope people should think that not all ICO is a scam it just like there are a lot of reasons why things is happening.

 ICO was one of its kind and it had been able to give rise to a fund raising boom back in 2018 but collapsed afterwards as there sprang up fake ICOs as a result of which people lost their trust. It could still be operational but people simply go for IEO as the trends had been set up and more profits could be made in IEO than in ICO. So gone are the days for ICOs.

[crispyfry211]

Exactly you got a point. ICOs are not always a scam. There's still always some Icos who are no doubt in legitimacy to every investors. So to find an ICO like that you need a lot of time reviewing abou the projects. So it's better to invest in anything else like in the dencoin tokens which I can say that you can get good benefit in there. But we can't also blame some not to be judgemental about the ICO because they were just afraid to be fool again by some of the icos that are really fraud projects. We just really need to have a more extra careful in choosing projects.

[nicecrypto]

It is not like all ico's are considered to be bad, only that the majority nowadays are mostly fake and only out to cheat investors, even though there are good one's but a good number of them are bad, most people have had bad experience with ico's that they don't want to take in ico's any more, too bad the few good ones have to suffer because the bad majority.

[seleme]

Exactly you got a point. ICOs are not always a scam. There's still always some Icos who are no doubt in legitimacy to every investors. So to find an ICO like that you need a lot of time reviewing abou the projects. So it's better to invest in anything else like in the dencoin tokens which I can say that you can get good benefit in there. But we can't also blame some not to be judgemental about the ICO because they were just afraid to be fool again by some of the icos that are really fraud projects. We just really need to have a more extra careful in choosing projects.

ICOs are not worth to check all that required stuff like a whitepaper, team, etc. I am afraid to get scammed by next ICO if I change my opinion about investing in the ICOs again. Not only newbies are victims of the scam ICOs, but even pro traders can also make mistakes in the crypto industry.

[donass1]

You are correct.. people are quick to tag any project that does not give them exactly what they want a scam, I remember when a project I know didn't list in an exchange after months of the ICO and people were calling them scam but after finally listing and doing more than x15 on an exchange, they are now being praised by the same set of people.

[MikeyVeez]

We are not quick with ICO summary. It takes 2 years to find out that most of ICOs are pure scam. We need to choose wisely and big names in crypto (advisors) could help with the choice.

[ringgo96]

It is not like all ico's are considered to be bad, only that the majority nowadays are mostly fake and only out to cheat investors, even though there are good one's but a good number of them are bad, most people have had bad experience with ico's that they don't want to take in ico's any more, too bad the few good ones have to suffer because the bad majority.

But the fact is that most projecks are fraudulent and in my opinion this must be changed. the stigma about fraud about ico must be changed. because most of ico themselves are mostly failed projects and become normal when assessing ico is a failure.

[gunhell16]

You dont need to judge that ICO is 99 percent scam.
Though you need to quickly judge the ICO after studying and reviewing the project.
How can you join or not the project if you dont judge it.

[Kucink]

yeah sure, we have a same think and me too think like that.
please don't think ever if ICO scam is have presentage until 99%, that is not right.
in my research of scam ICO is 55%, that mean almost half of ICO is get success and that is the real project.
the problem is how you can see and make a research first before join some ICO and start invest in it.

[Dellosoft]

The bitter truth remains that most ICO team members abandon the project after raising funds from token sale. Forget what is written on white paper or road map, I'm talking about actual project development. Most do not channel the required funds to develop the project.

[H1N1]

I guess it can't be helped, many ICO were turned into scam projects and investors lost their money.
Once we see something wrong in some ICO, we will say that ICO is scam which actually doesn't like that.
My suggestion is, we must take our time to do some research and then we can say it scam or legit.

[m.rifki]

I guess it can't be helped, many ICO were turned into scam projects and investors lost their money.
Once we see something wrong in some ICO, we will say that ICO is scam which actually doesn't like that.
My suggestion is, we must take our time to do some research and then we can say it scam or legit.

that's what we have to do. because not all ICO scams. and I think all investors are also aware of that, maybe they are becoming more careful in ICO investment because there are too many scams. but if there is a good project, I think investors will also consider their investment.