ARE ICOS STILL LEGIT?

[upyem2k]

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.

[cudora]

There are still some projects that are doing ICO and they can be legit. But IEOs are a better scheme, because those tokens will directly be listed on exchanges where IEO was held and for ICO you are forced to wait several months before listing.

[Bagani]

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.

Its hard to tell whether an ICO is legit or not, even an IEO we can't really tell if it is legit or not. There are some IEOs that are not legit and just following the hype the IEOs just to raise more money. To conclude this, we must check the project if they are legit or not, it doesn't matter how they conduct their fundraising. ICO or IEOs,it doesn't matter as long as they are legit and the team are very active in public events.

[Lantind]

What we have to understand is that not all projects in ICO are scams, people who still believe and invest in the ICO project certainly analyze it first, because they also don't want to lose their money.

[Alluro]

The IEOs are giving a guarantee to listing that project on hosted exchange. There are some projects doing ICOs right now. We cant tell those ICOs are legit or not. Because some projects are really good at ICO. You have to do your own research about projects to understand legit or not.

[slaman29]

What do you mean by legitimate? Even a scam can be legitimate and god knows we have seen enough of that to last us 100 lifetimes.

ICOs are a legitimate means, just as Bitcoin is legitimate money. Can it be used for illegitimate purposes? Every tool can be used to different purposes, purpose doesn't make the tool.

[Alisha FR]

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.

IEO has the same problem with ICO at some point, one of which is the problem of fraud, so we cannot say that IEO is better than ICO, I think ICO is still good in some places, ICO drives prices to remain stable at the time of listing, but many IEO loses prices when they register, because their investors are not well controlled, ICO is more controlled, because they can pump prices when prices fall, and investors can also enjoy profits properly.

[Boardmangetpaid]

I can't blame the crypto community for being so cautious when it comes to ICO's, especially with what happened last 2017. The investors have grown and learned so much, they even have different ways to vet a startup before they actually invest or not. One good habit to have is to check ICO scores that were averaged by ratings/influencers and see who comes out on top. In that way, you will have an overall understanding of what your best options are and not.

[lighpulsar07]

Well ICOs is unreliable way to getting investors nowadays since people are hesitant to invest in ICOs since they tend to run away if the project is done although on the good side ICOs price are way more stable than IEOs sonce they are centralizing the distribution in order to prevent the dumpers to dump their tokens once they hit on exchanges but in IEO since the token was listed on exchanges already, the tokens were immediately dumped after the distribution due to investors wanting to profit. so, in security IEO is way more secure but more prone of dumping and ICOs are unsecure to investors due to fraud but if the ICO is sucessful it can control the volume since they are centralizing the distribution.

[rosezionjohn]

I think they are only waiting for an exchange. These existing ICOs will soon switch to IEOs once they get an exchange partner.

Doesn't that make them scam as we have seen in the same scenarios in the past?

It's unfair to call them an outright scam just for having an ICO, it still has to be proven.

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.

Let them be. Maybe they have a higher appetite for risk than most people in crypto.

[cryptonewbie]

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.

First thing you need to understand is that ICOs were never criminalized. So it remains legit until the project owners decide to exit scam. Also, IEOs came in as a more responsible way of raising funds than the risky ICOs however, it doesn't mean IEO projects cannot also exit scam. Take bluenote for example where IEO raised money at dobitrade exchange but the owner is silent now and there is no update on project development ever since. And the volume on the exchange is good as dead too

[Jating]

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?

There are still some legit ICO's running around. The problem is that those projects can't get away with the scam factor that most ICO are previously and up to today. So it's really hard for them to get investor because of that.

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.

Hype around those projects, promises such as this is the $$$ ICO price. So there are still some investors who get's attracted to that.

[wedosgibas]

It depends on that project, but some projects that have positive responses, most choose IEO in well-known exchanges, because they will get good demand. If the ICO project received positive reviews from well-known crypto media, it might still be good.

[shinratensei_]

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.

IEOs have started from the ICOs and that's why you will always see there will be some new projects that called themselves as ICOs and they are only waiting for the exchange site to offer cooperation with them.
The reason is always the same caused by there was so many people are still being millionaires from the good IEOs and you can visit cryptorank and made a calculation if you are investing decent amount and it goes 50x instantly. 

This is he main reason why icos are still legit (ico that already converted to the IEO)

[Ghenjer]

ico is no longer as special as 2017 but there are still some ico that deserve to be followed, the most important thing is you must always be vigilant before putting money in or participating in it. the way scamers now attract attention by offering great prizes in projects.

[whtchocla7e]

In some countries, ICO programs are not recognized by national law, but they still take place secretly and silently. However, investors no longer believed in ICOs but turned to IEO programs, which were safer than ICOs and linked to the trading platform.

[Novatech8]

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.

Only 1% out of 100% of ICO projects are legit and the few ones i know of are using both ICO and IEO to raise fund,ICO can't be trusted like in the past anymore but what should be more important to investors should be how good the project is, as for me if i come across any well made ICO project i won't hesitate to invest,action speaks louder than words

[The3max]

It is rare to see that an ICO project is legal. However, the issue of raising a huge amount of money (ICO) or (IEO) by a company will always be noticed by the laws of that country. However, somehow projects are not legally recognized but still work, only if the project successfully raises capital, we will see the legal issues are public.

[The Cryptologist]

First of all, ICOs can be legit and can also be a scam. But if you are thinking about this year then the answer is no. Some of the ICOs on 2018 ended their sale but they waited before getting listed and it is their luck that in this year IEOs had sprung. So in short, IEOs are the only significant thing for investors for now. You may try ICOs but the fact is that the concept is hanging on a thread and can't succeed.

[mendra_2009]

We are on IEO era, I think many of project prefer doing IEO than ICO. If there still available I think is quite difficult to find the legit one. Did you want to invest on ICO?
Better prefer to IEO, I think people now less interested to invest on ICO...
IMO