Do you fund ICOs ?

[glendall]

I think the failure experienced by your friend is because of poor marketing,
not questioning why we come or not,
it's our right to join or not,
but the big question is how marketing is done on projects that your friends are following,
and I'm sure the marketing is still less than the standard words that other projects often do,
they also have a concept and know which projects are your friend's project rivals,
and also what the difference is so people are drawn there.
these are just a few important points that can serve as examples for evaluation.

[Waukeenio]

From the perspective of ICO sponsors, I am the earliest investor in ICO. I spent a lot of time on money, management, research and development, marketing and projects. I raise funds in advance and sell them in advance. I use cash to create more markets. Compared with the development of the project itself, it will be more secure, so ICO is a more pure way of running the project.
IEO are more like financial games controlled by exchanges or capital.

[Janation]

The first one is because it is not that interesting? Maybe?

Not all of the projects are that great and may not gather that great number of investors in the process. Another thing is that the way they market their project since as far as I know, that is the hardest thing to do while starting your own project.

[Distinctin]

There's no problem with the project, it's just that the ICO was raise at the wrong timing.
Try to make a research and you will know the public sentiment, they don't want ICO anymore because they can invest in IEO which is more profitable.
Also, investors prefer to get their ROI faster so they'll choose to invest in IEO like Binance to gain profit when the hype is on, right when the coin started trading.

[SvonioneFromMangoCoinz]

Unfortunately for him. But economics are unethical. This is a very good and practical statement.
If your product is really good, it will be a successful fundraiser. Nobody wants to invest in a bad product, because investors see the future ahead.
Please try again, I think he will succeed.

[michellee]

In this year, I don't invest my money on ICO's because I don't think that it will give me a profit at all. Besides that, I see that the ICO trends has ended and now, it replaces with IEO although IEO is not too popular depends on the ICO. And soon, IEO will be replaced by another new trend which will always come and replace the old trend. I give my support for people who can continue what they did, but my support will not be 100% because that depends on how he/she work in the project. We need to become realistic and don't spend all the money to him because the project still needs to survive in any situations.

[lixer]

It is really getting difficult for people to now fund ICOs because record of money that has been raised through ico scam is too much and people are hearing these news and seeing this figures, and with this figure, how do you expect them to be discourage after also knowing that majority of ICO projects in the market including the one that as fully been developed and just full of scam.

No matter what your friend is developing, we have some people that have developed similar thing in similar ways but they still end up using the application to scam investors, so to get investor convinced now in dropping their money for any project takes a whole loots of works and convictions. So for me, I would never support that ICO projects with my personal money.

[juperos]

I usually don't invest in mediocre ICO projects. I knew that he had a great deal of effort in forming a big business but it seems his Dapp wasn't good enough.
He needs to review his Dapp and why he failed in the capital call. Failure is always the mother of success.

[DashingAgent]

I think the failure experienced by your friend is because of poor marketing,
not questioning why we come or not,
it's our right to join or not,
but the big question is how marketing is done on projects that your friends are following,
and I'm sure the marketing is still less than the standard words that other projects often do,
they also have a concept and know which projects are your friend's project rivals,
and also what the difference is so people are drawn there.
these are just a few important points that can serve as examples for evaluation.

I think it could be the reason. But not sure because I don't know that how the marketing was done.

[DashingAgent]

It is really getting difficult for people to now fund ICOs because record of money that has been raised through ico scam is too much and people are hearing these news and seeing this figures, and with this figure, how do you expect them to be discourage after also knowing that majority of ICO projects in the market including the one that as fully been developed and just full of scam.

No matter what your friend is developing, we have some people that have developed similar thing in similar ways but they still end up using the application to scam investors, so to get investor convinced now in dropping their money for any project takes a whole loots of works and convictions. So for me, I would never support that ICO projects with my personal money.

The world has bad and good from the beginning, worse and fine is in every field.
Not all people are same, it does not mean that you should loose your faith, basically you blame other when you put all of your money in a project and get lost, Rule No. 1 in Crypto is that invest whatever you afford to loose, which mean that you are destroying your funds without a hope regarding you will ever achieve them. So invest whatever you afford to loose. Do not put all of your money in the same ICO, instead divide it by multiplying your funds which you can afford to loose to many ICOs. If you get scammed in someone, then other will give you a great profit and you'll be able to recover your money with a good profit easily & maybe your profit margin could be higher than you usually think.

[DashingAgent]

There's no problem with the project, it's just that the ICO was raise at the wrong timing.
Try to make a research and you will know the public sentiment, they don't want ICO anymore because they can invest in IEO which is more profitable.
Also, investors prefer to get their ROI faster so they'll choose to invest in IEO like Binance to gain profit when the hype is on, right when the coin started trading.

Please refer to previous replies. IEOs are not good because they are destroying the nature of smart contract platforms. If people need the IEO then was there any need for building such projects ?

If IEOs continue, Eth or other smart contract base crypto currencies will not get attention and even these trend could destroy the bitcoin too.

[Distinctin]

There's no problem with the project, it's just that the ICO was raise at the wrong timing.
Try to make a research and you will know the public sentiment, they don't want ICO anymore because they can invest in IEO which is more profitable.
Also, investors prefer to get their ROI faster so they'll choose to invest in IEO like Binance to gain profit when the hype is on, right when the coin started trading.

Please refer to previous replies. IEOs are not good because they are destroying the nature of smart contract platforms. If people need the IEO then was there any need for building such projects ?

If IEOs continue, Eth or other smart contract base crypto currencies will not get attention and even these trend could destroy the bitcoin too.

I don't understand how you think IEO would destroy the smart contract when there are still a lot of ETH tokens now that are having their sales through IEO in different exchanges. Can you enlighten me about your explanation because what I understand is when there's a project that issues a token, they use a smart contract on that.

[Thanasis]

I don't think ICO is a scam, there are many ICO projects that really make sense for the community and for the development of some technology. I have also invested in some ICO projects, unfortunately, those projects did not reach their goals.

It means they are useless,honestly I didn't see any good projects with success after their fund raising time so it means most project come with the intention of money making and they leave their projects standstill after they reached profits.

[DashingAgent]

There's no problem with the project, it's just that the ICO was raise at the wrong timing.
Try to make a research and you will know the public sentiment, they don't want ICO anymore because they can invest in IEO which is more profitable.
Also, investors prefer to get their ROI faster so they'll choose to invest in IEO like Binance to gain profit when the hype is on, right when the coin started trading.

Please refer to previous replies. IEOs are not good because they are destroying the nature of smart contract platforms. If people need the IEO then was there any need for building such projects ?

If IEOs continue, Eth or other smart contract base crypto currencies will not get attention and even these trend could destroy the bitcoin too.

I don't understand how you think IEO would destroy the smart contract when there are still a lot of ETH tokens now that are having their sales through IEO in different exchanges. Can you enlighten me about your explanation because what I understand is when there's a project that issues a token, they use a smart contract on that.

You should learn first that who can launch an IEO ? and why Smart Contracts created ?

then I think you will understand that how IEOs are destroying the nature of smart contracts platforms, further more I don't want to explain it, already explained.

[sarmrakib]

Its really tough to come out with a good project and fall down like this .However fund raising always a tough way to go through if it's become success the project couldn't go for many reason like market situation .I think a good project always come up with a huge potentiality if it's not true we can't see eth,Tron as welll established coin .So that a good project always raise the fund.

[DashingAgent]

If you are not getting my point then here is a further explanation that how IEOs and STOs are destroying the nature of smart contract platforms and who can launch an IEO ?

For launching an IEO you are required to have at-least 1 million dollars or 100 btc
While launching an ICO required only team members and a few hundred dollars

IEOs are launching by already funded people (just like Justin Sun who first created TRON and after launching it, he launched first ever IEO on binance for Bittorent tokens)
While ICOs are launching by individuals or new people(new businesses) who want to enter in blockchain world, hence IEOs are blocking little businesses or new businesses to be entered in blockchain world becuase IEOs are required big investment and only those people can afford it who already have been funded (just ask it from yourself that can you take a million dollar risk for launching an IEO? as you required this money to give it to exchanges for token listing, reviews, ideas, ieo steps just like pre IEO, post IEO etc) no because you can only take a risk for no more than hundred dollars so in case if ICO succeed and enough funds are raised then you can put your business in blockchain by realizing that it has potential and your business can run on blockchain platform successfully as you don't need to be dependent on your local or old customers, you will find new customers.

Since when there is no need for IEOs to run a campaign then very little people could be aware regarding your project, so your token could be just a part of the exchange but while in real life it will destroy your business because many less people will be aware regarding your business and you will loose majority of people to come to your platform and the final result will be that you will just shutdown your business or the token will not grow much, instead it will be dead because you will not find customers and hence no money will be entered to the project (when no buyer will make a purchase of your tokens then there is no chance for new investment to be made, so your token will just become just a pump and dump coin after a few years because of  two foctors, 1= new investment is not coming to the project because there are no buyers and 2nd=lack of advertisement or a bounty campaign in the start of your IEO which could attract your buyers later)

Now lets talk about the purpose of smart contract platforms:
These platforms are created in a decentralized manner where there is no need for a third party while exchanges are third party, when there is no need for a third party which mean that IEOs are destroying the nature of smart contract platforms, do you think when there will be a third party involved then these project can attract people or can get potential buyers ? No, then who will buy Ethereum, Neo or other tokens ? & how value may come to those projects when there is no demand for that currency ? then how you can say that Bitcoin and Ethereum both works in a decentralized manner ? will the aspects of decentralization survive ? which will just kill Bitcoin and these cryptocurrencies, as you know that Ethereum has already dead, from 0.09 to 0.016. Just because of IEOs and no more demand. IF this continues then you can see the future too.

& the last question, how you think that IEOs are successful, don't you see BTT from 10 sat to 5 sat and the trend is still bearish. If IEO projects could be successful then you could see that BTT trend is bullish (10 to 20 or 30 sat etc)

[LogitechMouse]

One of my friend, who is a good coder too, just sold his car, when I asked regarding that why he sold the car ? I was thinking maybe he want to invest money in bitcoin, but he said that he is not interested in such things, he need money this time, people who invest money in bitcoins or ICOs always get losses, because building a simple project takes many time and a complex project needs research and a lot of money. He said that he is a good coder and thats why he developed a dapp for someone, he spent around 3000 hours, but after completing her project, her client replied after the ICO that she could not raise funds, and the ICO failed. The money she spent on the project has lost. So why you don't support people when you see a ready project or dapp ?

You're friend is a good coder and as you stated, he said that people who are investing in ICO's and Bitcoin always get losses and yet he involved himself in a project and worse, he spent 3000 hours and in the end it failed. Its the fault of your friend because he sees ICO negatively and yet he created a project for them.

Anyway, supporting the ICO's thru investing is a good choice but most projects right now are either useless (it can't help the people) or scam so investors are thinking thrice right now before investing to it.

[DashingAgent]

One of my friend, who is a good coder too, just sold his car, when I asked regarding that why he sold the car ? I was thinking maybe he want to invest money in bitcoin, but he said that he is not interested in such things, he need money this time, people who invest money in bitcoins or ICOs always get losses, because building a simple project takes many time and a complex project needs research and a lot of money. He said that he is a good coder and thats why he developed a dapp for someone, he spent around 3000 hours, but after completing her project, her client replied after the ICO that she could not raise funds, and the ICO failed. The money she spent on the project has lost. So why you don't support people when you see a ready project or dapp ?

You're friend is a good coder and as you stated, he said that people who are investing in ICO's and Bitcoin always get losses and yet he involved himself in a project and worse, he spent 3000 hours and in the end it failed. Its the fault of your friend because he sees ICO negatively and yet he created a project for them.

Anyway, supporting the ICO's thru investing is a good choice but most projects right now are either useless (it can't help the people) or scam so investors are thinking thrice right now before investing to it.

I have given the solution if you can read previous reply.

[FanEagle]

I think projects need to be so amazing that ICO of it would be getting funded. First of all if you are a great project and not going with IEO route that means you personally picked not to, otherwise it would mean exchanges didn't want to list you and that is way too bad to actually convince people that you are a good project, no project that gets rejected by any exchange for legit reasons could be considered a good one.

If we leave that aside and say it was personal choice than you would have to convince people that your project even during ICO stage is guaranteed a spot in an exchange as soon as its public, people want to trade it and most want to sell it to be honest, without that option people are sick of investing into promises because many already failed to deliver and why would they trust that you would be different.

[SantiagoSegura]

I invested in 1 ICO back in 2017, and it was failed one , that thought me a lesson.Fortunately i only lost 100 USD.