Don't be too quick to judge ICOs

[o.ogurlu]

I certainly do not believe that view 99% of ICOs are scam. In my opinion, the biggest problem of the ICOs in the bear season was the lack of funding. In this case, many projects have been canceled. But that doesn't mean that those projects are scam. Many ICOs also succeeded. So I think that thinking of all ICOs as scam is damaging such platforms.

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[PaoAj]

A lot of enlightenment posts about ICO's here and its definitely a good thing for newbies coming in. There are still legit projects choosing to do ICO over IEO due to ridiculous fees that these exchanges are offering but there are still other offerings out there that are very beneficiary such as MTO's, which does a lottery-based system to get winners who can buy coins that are already in the exchanges in a 50% discounted price. People always find things to improve the system but regardless if the majority of the people see ICO's as a scam or not, investors should ALWAYS research before participating in anything.

[daenarys_stormborn]

in my opinion most people are too quick to determine that the ICO program that failed is ico scam, but it is not 100% correct, because most ico programs fail because of not achieving the planned softcap, the ico program is canceled, and usually investor funds collected will be returned

[Miy Monk]

We shouldn't be judgmental. Before investments investors should research properly where they are going to invest and after investments should be patient. A business can be profitable or unprofitable. So give it some time to fight the situation.

[MBMauL]

Not all ICOs are fraudulent, we see how the project really works on the market. We know that before the IEO, the ICO project succeeded in making this market grow big.

[Ahiaba]

Where do you get your figure of 99 percent of scam ICO from though people do say something like that I don't really think they have empirical evidence that shows 99 percent of all ICO are scam project.

[Noruka]

Where do you get your figure of 99 percent of scam ICO from though people do say something like that I don't really think they have empirical evidence that shows 99 percent of all ICO are scam project.

They perhaps qualify every ICO that lost almost all of its value a scam. I can understand why they do it, but maybe some of the ICO companies are not really scams, but just bad business ideas or teams.

[shulc7]

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

Not all ICOs are scam. It's a very wrong assumption to think that all of them are scam. That's a very wrong thing to believe. I think the problem we have in this community is that some people actually like publishing their hurts based on the challenges they have been through and in the process, they generalise the problems and make it look as if, since they have been disspointed before by an ICOs all of them are bad. That kind of assumption should never be made. Indeed, we should not be too quick to judge ICOs

Of course, not all. Otherwise, we would not even talk here about them. However, unfortunately, my buddy lost a lot with 2 projects he invested in. Now, we are both hesitating about whether IEO can be better.  I am not sure that they differ a lot from ICOs. Even if exchanges check them, it does not guarantee transparency and honesty. I still choose trading.

[Chainsmokers]

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

Yes right, a failed ICO Project is not a scam. I agree with you that not as much as 99% of ICO is a scam, because some ICOs fail and some are successful. And for us, we have to be more careful or more careful and analyze an ICO project to estimate whether the ICO project can work and attract many investors to succeed.

[Kwansimaa]

being too quick to judge ICOs because you may end up being shameful to withhold your words. Some ICOs are struggling because of lack of finances, some lack good leadership and are stuck in this surprising crypto world and through these if a project fails, it does not mean it was a scam project. Scam projects are there but without concrete evidence, don't be quick in judging any ICO project.

[Noruka]

being too quick to judge ICOs because you may end up being shameful to withhold your words. Some ICOs are struggling because of lack of finances, some lack good leadership and are stuck in this surprising crypto world and through these if a project fails, it does not mean it was a scam project. Scam projects are there but without concrete evidence, don't be quick in judging any ICO project.

The problem is just that the risk is much higher too lose money with ICO than to win money with ICO. Most of them won't make it and never planned to make it. They just wanted investors money.

[Anonylz]

No need sugarcoating it, 99% of ico's are not to be trusted, they only have one goal in mind, to milk the innocent investors dry and disappear into thin air, the remaining 1% can a be seen as good but still needs due diligent and be very watchful, something unpleasant could happen if you are not paying attention, many project claims to have raised so - so amount during ico yet they can support project development, what is the explanation to that

[valter_dego]

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

I agree with you that percentage of scams projects among ICO lower than 99%. Many ICO in 2018 - 2019 failed to collect softcap, so you can't call them scammers for it.

[blue_hurricanger]

Don't judge a book by its cover as many have said. Tho ICOs right now got flood by so many scams and scheme that no good reason for anyone took their time to do step by step verify each ICO.
Red flags, buzzword,... and then next. Investors won't waste their time and ICO can't complain about quick judgment.

[phungploi]

The current ICO is no longer as attractive as the first day of launch, recently blossoming into the new IEO movement.  Almost every project now has an IEO because of the potential of this new form.

[Insomnia family]

yes, don't judge the ico project too fast because sometimes the ico project that we think is bad can be the opposite. but we also cannot claim that it is one way to avoid fraudulent projects. I mean the most important thing is that you always keep up with the latest news from every project you follow, sometimes someone stops on the trip because they think that it is not worthy to be followed and they prefer the others. That is wrong! make sure that you don't listen to the FUD and you believe in every decision you have made.

[Kwansimaa]

I do second and believe the fact that its false 99% of ICO projects are scam projects. Some  ICOs just lack investors and this has lead to its stagnation and be stagnant does not mean its a scam project. Most ico projects are lacking the funds to move onto or follow their roadmap. Some can just rise up in a matter of days provided any investor steps in and so we should be quick to judge such ico projects as scam.

[konflikkastil]

You're right, bro, not all Iico scams because there are still many ico who can raise a lot of money and give a little profit to investors, indeed there are too many ico who have cheap prices when they start trading but that doesn't mean they are scams. this only takes time for development

[renault18turbo]

When you see so many negative news and thoughts on forums, how can you believe that not 99% of ICOs are scam? It is really difficult to trust

[bubislav]

l have just read your statement. In my view, news is exaggerated about that. It means, all of them can not be scam. ICO projects means for people successful work, in another word new business. l think, there are of course progress, sometimes it can take a long time.