GREENch
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2019, 03:54:22 PM |
|
It’s not only the “bad developers” who are to blame for the fact that the reputation of the ICO is spoiled. Do not ignore the fact that most of the investors did not understand the meaning of the project (I mean projects that carried out their ISO until 2018), but simply invested in everything in the hope of big X. And everyone knows that it turned out ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
|
Sendi blackspade team
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2019, 03:58:37 PM |
|
all cannot be the fault of the developer. because every project has a different problem. the mistake of a greedy developer and just looking for his own profit is one of them. it indeed makes more and more garbage projects available, and many investors are deceived by this problem. really unfortunate.
|
|
|
|
confreslamp
Copper Member
Jr. Member
Offline
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2019, 05:12:25 PM |
|
The best example is Miracle Tele. Those guys created a good company, but misunderstood blockchain. They thought that buying tokens from P2P exchange is illegal and this caused a lot of problems, right now they are very closed to shut down, because of devs mistakes.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2019, 05:22:11 PM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
While I put the blame on the developers and scammers that have given a bad reputation to icos I will also say that those that invested in those projects were also at fault, back in the day when people were excited about investing in icos as long as a project had a website, a whitepaper and they claimed their coin could surpass bitcoin that ico could raise millions of dollars with relative ease, now ieos are replacing icos as the standard way to raise funds but it is my opinion that the same will happen again and in a few years no one will invest in ieos either.
|
|
|
|
cunguks
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2019, 05:24:09 PM |
|
all cannot be the fault of the developer. because every project has a different problem. the mistake of a greedy developer and just looking for his own profit is one of them. it indeed makes more and more garbage projects available, and many investors are deceived by this problem. really unfortunate.
yes it is not entirely wrong of the developer, but the factor of the developer is very large which makes too many ICO SCAM and more and more people are starting to distrust the new ICO project.
|
|
|
|
SistaFista
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1638
Merit: 251
Hexhash.xyz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 02:02:31 AM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
Too many peoples wants to get quick money, used ICO to scam peoples and steal the money. That is the reason why ICOs nowadays are not going too well. Most investors prefer to investing in IEO on trusted top exchanges because it is safer.
|
|
|
|
seoincorporation
Legendary
Offline
Activity: 3276
Merit: 3066
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 03:19:05 AM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
I think we can't blame the developer for that... ICOs has a great start, the idea was nice, but the problem came with there was thousands of ICOs and people realize how the 90% of them ends in a scam. That scam doesn't mean the users get scammed by the developer, the tokes already do what they say on the white paper, but the owners decide to run with the money, that was all.
|
|
|
|
Ararbermas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 03:47:50 AM |
|
Actually not all project that become shity are scams ,because you know sometimes when market is so stagnant developer and team behind were struggling also . And sometimes they all give up on the circumstances because of being had more problems. So we cant blame them unless if in the first place the project had no progress like other scam project. which we can say it's totally a scam. Actually we can compare it with EOS wherein as of now still very low unlike on their the first round.. So it all depends ...
|
|
|
|
digitalblock
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 06:54:35 AM |
|
This situation may change soon. I am waiting for the Ethereum 2.0 update to see innovations and a new format of cryptocurrency wallets. I think that it will be implemented as Vitalik Buterin promised changes in this sector. But I disagree with the author of the topic. Cryptocurrency society was shown a very good opportunity for development and earnings. The developers are not to blame that humanity is ready to deceive everyone. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
Barracuda
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 08:21:20 AM |
|
because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
Most developers do not fully understand crypto. They only have good ideas, but those ideas are limited to ideas without you not having created them. Investors should now be diligent when they want to invest in new projects, because most developers only have an empty idea without your action.
|
|
|
|
whtchocla7e
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2019, 08:35:26 AM |
|
As we all know, more than 80% of ICOs are scams. They create their platform or ethereum and take advantage of bounty hunters to promote them. However, there are still some safe ICOs, but they are not raising enough capital needed for their project. The fraudulent ICOs have lost the confidence of investors.
|
▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂ World's Simplest and Safest Decentralized Cryptocurrency Wallet! ▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬
|
|
|
labenea
Jr. Member
Offline
Activity: 327
Merit: 1
The Standard Protocol - Solving Inflation
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 29, 2019, 01:04:21 PM |
|
As we all know, more than 80% of ICOs are scams. They create their platform or ethereum and take advantage of bounty hunters to promote them. However, there are still some safe ICOs, but they are not raising enough capital needed for their project. The fraudulent ICOs have lost the confidence of investors.
yes,the problem is that investors have lost confidence in the ICO project, many investors hesitate to invest in ICO because ICO cannot work well. bad team reputation greatly influences the development of a project, many investors are now turning to the IEO project.
|
─────── Decentralized Asset-Backed Banking ─────── ██ ███ ██████ TheStandard.io ██████ ███ ██
|
|
|
m.rifki
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 517
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 29, 2019, 01:07:00 PM |
|
yes,the problem is that investors have lost confidence in the ICO project, many investors hesitate to invest in ICO because ICO cannot work well. bad team reputation greatly influences the development of a project, many investors are now turning to the IEO project.
when there are bad developers on the ICO project, of course, the project will be very difficult to get funding. even though the project has a good concept, it will be very difficult to gain investor confidence if their developers do not have enough capabilities.
|
|
|
|
max6575
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1176
Merit: 100
Vave.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 29, 2019, 01:12:54 PM |
|
with works on expertise as the field of strategic partnership and the development the work with the extras on tasks with the crypto finance helps of offers for investors to gains with benefit on referring funds on coverage as the supports on developer to work on completion of projects with the startup plan.
|
|
|
|
Maturnuwun
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 92
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2019, 02:32:40 AM |
|
projects managed by experienced teams will certainly produce good results and bad projects because their team's reputation is bad, in this case the key developers of a project's success. if developers care about their work maps and don't cheat because of money, the project can run correctly.
|
|
|
|
Viceroy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 08:54:25 PM |
|
Yes, you are absolutely right! I think that greed alone has created more dirty stuff than all other crimes put together!
|
|
|
|
gwaposakon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 09:50:24 PM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
I totally agree with you. I miss those days of ICOs run by legit developers with platforms that are unique and have a practical use. Today it is very hard to invest in a very legit project that even gets launched in the market. now you really have to have deep knowledge of every ICOs as scammers are becoming smarter in conning victim investors.
|
|
|
|
DevilSlayer
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 10:33:43 PM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
Most of developers nowadays are only focusing to get rich and it is the reason why many projects are failing. The greedy developers are the reason why the ICOs gained bad image from the public.
|
|
|
|
cytpoway121
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1540
Merit: 68
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 11:15:03 PM |
|
I think blaming only bad developers is wrong We need to blame greedy investors too; who because of profit invested in a scam project; dumped away at first sign of listing.
If investors can ignore quick profits and choose the right projects; bad developers will reduce drastically
|
|
|
|
EdenDice
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 11:21:40 PM |
|
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20. I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
I totally agree with you. I miss those days of ICOs run by legit developers with platforms that are unique and have a practical use. Today it is very hard to invest in a very legit project that even gets launched in the market. now you really have to have deep knowledge of every ICOs as scammers are becoming smarter in conning victim investors. Scammers are smart enough to make people fool, they act like real and legit but after raising the money they start showing the real face. Most of the ICO have no technology or a vision except some words on whitepaper! 2017 was the golden year of crypto and many big projects came but what happened then? Most of them are dead already.
|
|
|
|
|