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Author Topic: ARE ICOS STILL LEGIT?  (Read 4734 times)
dady12
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July 22, 2020, 03:00:18 AM
 #181

yes indeed most of the ICO is a scam but not all, maybe those who invest in ICO because they have done a lot of research and believe if the project will develop and provide many benefits
The era for ico has already started and it looks like the only quality ico that can attract a lot of investors. I have seen so many scam icos dead before it has gotten even a single investors.
More smart investors will bring ico into the its golden era again.
Yeah I believe in this too. Smart investment is going to win over blind so called "angel" investment.
This way decent ICOs will get their funds for developing, scammers will get lost eventually
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July 22, 2020, 05:40:28 AM
 #182

Well, I think otherwise. right now I feel that ICO is no longer very attractive to investors. even when I want to invest, I will choose IEO over ICO because of the greater clarity of the exchange. however, ICO might still be legit, it's just that we really need to choose it. for now, I don't want to invest in ICO, but it's different from IEO, if it's quality, I might be interested.
You're right! ICO projects have left too many stains in investors' mind. There were too many scammed ICO projects in the past. Therefore, I have decided not to invest in any single ICO anymore. Right now, I prefer to invest in IEO projects than ICO because it's safer. ICO projects can be legit but who knows? You can get in a trap without knowing it. Better avoid them before get scammed!

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July 22, 2020, 11:22:59 AM
 #183

ICOs are still legal because there are no regulations for it, and so many scammer take advantage of ICOs to steal investors' money. If you want to invest in an ICO then I think you should give up on that, go to the exchange and join IEO, it's a lot safer.

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July 22, 2020, 11:27:39 AM
 #184

the reality that ICO getting worse and disappearing, ICO reputation is very bad many investors have lost money investing in ICO, like now investors are more focused on trading and if investing in a project they will choose IEO over ICO

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July 22, 2020, 11:30:19 AM
 #185

Well, I think otherwise. right now I feel that ICO is no longer very attractive to investors. even when I want to invest, I will choose IEO over ICO because of the greater clarity of the exchange. however, ICO might still be legit, it's just that we really need to choose it. for now, I don't want to invest in ICO, but it's different from IEO, if it's quality, I might be interested.
You're right! ICO projects have left too many stains in investors' mind. There were too many scammed ICO projects in the past. Therefore, I have decided not to invest in any single ICO anymore. Right now, I prefer to invest in IEO projects than ICO because it's safer. ICO projects can be legit but who knows? You can get in a trap without knowing it. Better avoid them before get scammed!
IEO have same risks if it comes from random exchange like what most of IEOs nowadays hosted at, but atleast you can select it by filtering the exchanges but for experienced people they know how to distinguish scam project to the legit ones and usually find no problem with following ICO

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July 22, 2020, 01:19:42 PM
 #186

Even if ICO are still legit I'm not going to ever invest on them, not only because they can't be trusted but it's certain that the project will have issues with fund and without funds there won't be good development for project

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July 22, 2020, 01:56:07 PM
 #187

I'm quite surprised that there are still so many people interested in ICOs right now, it's really dead. So don't waste your time on ICOs, they are scam projects and they will take your money and run away.
Did you know SOLANA, DMM, ANYSWAP, META, even OIKOS? these are the latest successful icos. You can't even call that as a dead icos when they have been giving very good performance and so many people were feeling satisfied with it too.

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July 22, 2020, 02:17:25 PM
 #188

I'm quite surprised that there are still so many people interested in ICOs right now, it's really dead. So don't waste your time on ICOs, they are scam projects and they will take your money and run away.
Did you know SOLANA, DMM, ANYSWAP, META, even OIKOS? these are the latest successful icos. You can't even call that as a dead icos when they have been giving very good performance and so many people were feeling satisfied with it too.
They do not hold an ICO, as far as I know, they have hosted IEO at the largest exchanges in this market, which is why new projects are successful. If they created an ICO to raise money, I believe they will also fail as other projects

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July 22, 2020, 02:21:42 PM
 #189

Enough of this talks about ICO, which project new projects do you see that used or plan to use ICO to raise funds in 2020? Why are people talking about ICO? It's the last thing that investors want to hear about, ICO projects can't be trusted

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July 22, 2020, 07:06:09 PM
 #190

Enough of this talks about ICO, which project new projects do you see that used or plan to use ICO to raise funds in 2020? Why are people talking about ICO? It's the last thing that investors want to hear about, ICO projects can't be trusted
I don't know, but I think there are still a lot of people talking about ICO because of its history, this offering model is a legend in the history of crowdfunding cryptocurrency that gets a lot of funds and also the opposite is also a lot of project scams that managed to steal tens of millions of dollars here. Actually, what should be discussed in 2020 is a new offering model other than ICO or IEO etc. DYCO for example because if you guys observe this offering model it is very interesting.

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MikeyVeez
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July 22, 2020, 07:10:10 PM
 #191

Who knows if ICOs are legitimate. There are no laws that would restrict ICOs around the world except China and USA. But that doesn´t mean, that in the future government won´t try to regulate them or restrict them.  Lips sealed

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July 22, 2020, 07:19:23 PM
 #192

The only ICOs you can say are worthy are the ones that already have a product or service on the market. DO NOT INVEST IN IDEAS. Everyone has ideas. They mean nothing without visibly hard work behind them.

So if the ICO has profit generation, then look at how much profit they currently generate and how much they could generate in the future. Then look at how much of that profit is going back into the coin or token.

For example, I am currently an ICO consultant for a diamond mining ICO operating in Sierra Leone. They already have started mining diamonds with the initial investments they recieved and soon the token will go on an exchange and grow in value. 25% of diamond profits get injected into the token. Thats an underrated ICO.

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Santri
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July 22, 2020, 09:02:17 PM
 #193

ICO is already not trusted, maybe now it can be said if ICO is dead. Most projects now do IEO and only 1 or 2 projects still do ICO, but look what happens to them. none of the investors invested.

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July 22, 2020, 10:00:04 PM
 #194

ICOs are dead and completely not as effective as they use to be. A lot of people and most especially investors have lost hope on ICO investments and it is understandable. Not only have several projects done badly post ICOs leaving investors with bitter experiences, some have deliberately exit scam and made away with several millions of investor money.
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July 22, 2020, 10:50:05 PM
 #195

We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?

If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
Not all ICO are scam or fake, there are still some legit ICO's out there,but no one is willing to invest in them anymore,I also can't blame the investors for been too cautious about investing in any ICO's, , since ICO have proven to be unreliable for now,I think IEO is way more better at the moment and the investors tend to invest more money on IEO than ICO's.

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July 22, 2020, 11:01:35 PM
 #196

We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?

If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
Not all ICO are scam or fake, there are still some legit ICO's out there,but no one is willing to invest in them anymore,I also can't blame the investors for been too cautious about investing in any ICO's, , since ICO have proven to be unreliable for now,I think IEO is way more better at the moment and the investors tend to invest more money on IEO than ICO's.

Ther only way those ICO projects can prove their legibility now is to switch over to IE) and list on reputable exchange. If they can at least claim their spots on excHnges like Binance, Gate.io, Kucoin, Okex and some others that have gained the trust of investors, they will be able ti raise the necessary fund for their project.
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July 22, 2020, 11:03:24 PM
 #197

Yes, still there are some. But you have to do study a lot about the project before investing. But still there are some risks! That's why people are choosing IEO project rather than ICO.
That's the only main advantage that has already searched by a lot of people. Sometimes the exchange site itself can get fooled by the scam project like OKEX. How legit the ico or ieo depend on the project that has already launched.

I must remind you about how ATTN has already accused as a scam project even it was getting audited by okex.

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July 22, 2020, 11:32:51 PM
 #198

In my opinion, I see that the ICO has ended its age and time after scam projects swept its world, now IEO is the surest solution for every investor who wants not to lose his money in ICO projects that collect his money without supervision and run away with money.

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July 23, 2020, 01:24:54 AM
 #199

In my opinion, I see that the ICO has ended its age and time after scam projects swept its world, now IEO is the surest solution for every investor who wants not to lose his money in ICO projects that collect his money without supervision and run away with money.
projects that do IEO must also be researched beforehand to be able to benefit, because not all IEO projects are good, and don't forget to choose IEO in large markets such as binance, kucoin, bitrex, because there are quite a lot of projects that carry out IEO in markets that are has low volume
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July 23, 2020, 10:44:20 AM
 #200

We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?

If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
Not all ICO are scam or fake, there are still some legit ICO's out there,but no one is willing to invest in them anymore,I also can't blame the investors for been too cautious about investing in any ICO's, , since ICO have proven to be unreliable for now,I think IEO is way more better at the moment and the investors tend to invest more money on IEO than ICO's.
this is the IEO era and the ICO era is now over, so many investors choose a safe way and right now the investors invest in IEO but not all IEO projects will end in success. maybe I think after the IEO era ends there will be a new era again and so on.

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