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Author Topic: ARE ICOS STILL LEGIT?  (Read 4734 times)
adncoin
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September 29, 2019, 10:05:45 AM
 #141

By itself, ICOs are and will always be legit. The question should be directed at the ones behind the particular ICO. Is the company behind this specific ICO legit? If not, then stay away from it. Cool
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September 29, 2019, 10:15:22 AM
 #142

Some of them are still legit, but unfortunately the majority cannot collect enough funds for development or are just another scam. I would not suggest to invest in ICOs at this stage and pay attention to big IEOs.
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October 08, 2019, 04:04:01 PM
 #143

ICOS nowadays have a big difference between the icos way back year 2017. When the year 2017 has been done many icos are popping up like a bubble and starting to promote so many projects that the people are supporting too, but when the projects of the icos failed the peoe who are managed those become bubble also that disappear in no time.
That's why icos and IEO has been done, ieo are from the concept of the icos. I may say that some icos right now are still legit and have a good production of project.



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October 08, 2019, 04:18:48 PM
 #144

I heard that there are still upcoming ICO projects, but most of these projects has a low value in the market that even they make their project successful it still results a low value, that is why a lot of investors are starting to stop investing their funds in ICO projects due to losses.
In fact, some ICO projects that have entered the market successfully have high prices on the market, but that has shortcomings. the biggest drawback faced by investors is the absence of volume in the traded tokens. some teams expect people who interested in this project, but late buy on ICO, to be able buy on market and make large volumes. it's just that, sometimes an ICO enters the market without any product, so it's just a hopeless hope.

in this case, some ICOs may still be legitimate, but not all ICOs have profit. Investors can choose the correct ICO when they conduct research. but, this year, investors are more interested in the IEO project than the ICO.
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October 08, 2019, 04:34:17 PM
 #145

There are still a few legit and promising ICO projects, but their number is very limited and you have to spend a long time researching for them. Don't depend only on the ICO ranking websites, because most of them aren't trustworthy and give fake ratings. Do your own research about the project before investing either your money or time.
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October 08, 2019, 04:35:17 PM
 #146

I cannot see any difference between ICO and IEO just apart from their name. ICO, ITO, IEO all are a means of collecting funds to support an idea of a crypto project. IEO and ITO are just a means to ensure investors and traders that the project launching IEO or ITO are legit. But like ICO, projects launching IEO have also turned out to be a scam in many cases. So the crypto project should be honest enough to ensure it is a legit one.

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October 08, 2019, 08:16:13 PM
 #147

Why IEO existed because many ICOs doesn't deliver what they've promised like listing the token to an exchange. And if there were ICOs that you have seen until now, it's because they believe that they can make it even though the community sees that market as a dying market. Many were scams but there's still the very few legit projects that you could invest but the demand with ICOs has gone lower.

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October 08, 2019, 08:39:25 PM
 #148

ICO projects are still legal, and besides, there are a lot of worthy ones, the mood of the market is another matter, correction does not allow many to raise funds, which leads to fraud
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October 08, 2019, 09:05:42 PM
 #149

In spite of the huge number  of scam ICOs that are destroying the good name of blockchain technology, there are still a number of ICOs that are still making positive waves to promote the use of cryptocurrencies. Unfortunately, most investors have lost hope in recent times due to the number of scam projects.

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October 08, 2019, 09:55:58 PM
 #150

Do you think that a scammer should ever surrender, they will never surrender since they realize they will consistently locate some simple investors, despite the fact that they probably won't gather as much as they use to get.

I don't generally think each ICO that you see are scam, on account of the high posting charge of IEO, and you realize that you need to pay first, which means you should have cash before the project can be openly shared, while ICO doesn't require that, so they would likewise still need to wager their chances on ICO first, and on the off chance that they can make it on it, they continue to utilizing IEO to finish it, so you will even now discover both Legit and Illegal ICO, we simply need to watch it that we just do with the individuals who are genuine so we can shield our cash from sneaking off to scammers hand.

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October 08, 2019, 09:58:50 PM
 #151

The cryptocurrency market is full of SCAM ICOs nowadays be very careful about where you invest your money today. It's better to invest money on IEO than typical ICOs they are full of scams these days. Cryptocurrency exchanges such as Binance and Bitfinex are hosting IEOs, legit projects with proper teams, and backgrounds it is better to invest your money there.  

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October 08, 2019, 10:13:47 PM
 #152

I wondering if there are investors invest in ICOs, ICO dead and will not come back again.
If we stop to invest in ICOs scam may stop scammer will forced to stop scam us.
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October 08, 2019, 11:09:22 PM
 #153

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.
A project is not yet seen as scam, because of the name it bears, until proven. It does not also mean that all IEOs are legit.
Although, scammers have used the opportunity of lunching ICO to scam investors and they already know that most investors are no longer interested in investing in ICO. Notwithstanding, they keep changing their plans and are on IEOs as well. Also, some projects do ICO and still succeed.
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October 08, 2019, 11:12:25 PM
 #154

The cryptocurrency market is full of SCAM ICOs nowadays be very careful about where you invest your money today. It's better to invest money on IEO than typical ICOs they are full of scams these days. Cryptocurrency exchanges such as Binance and Bitfinex are hosting IEOs, legit projects with proper teams, and backgrounds it is better to invest your money there.  
it seems like IEO won't last either.
but I say the scenario is still the same as the ICO in the previous year. Money and profits are still a concern of investors, I'm afraid that if IEO dies we won't find a new altcoin again.

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October 09, 2019, 01:19:30 AM
 #155

The cryptocurrency market is full of SCAM ICOs nowadays be very careful about where you invest your money today. It's better to invest money on IEO than typical ICOs they are full of scams these days. Cryptocurrency exchanges such as Binance and Bitfinex are hosting IEOs, legit projects with proper teams, and backgrounds it is better to invest your money there.  
it seems like IEO won't last either.
but I say the scenario is still the same as the ICO in the previous year. Money and profits are still a concern of investors, I'm afraid that if IEO dies we won't find a new altcoin again.
IEO is not fully effective to avoid scam projects, we can still experience what we have for the past few years from ICO's. There are still a lot of scam projects.
If IEO wont last, I am sure another type of funding will be built in the future to raise new projects and hoping that this will become our future.


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October 09, 2019, 08:52:21 AM
 #156

Not all projects in ICO were scams, so it's normal that some people still believe in it and invest. But we can't ignore the fact that the term "ICO" is now synonymous for scams and failures, that is why IEO is already a preferred method of crowdfunding. It's up to investor whether he choose ICO or IEO, none of them guarantee legit project.
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October 09, 2019, 08:55:19 AM
 #157

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.
There are still legit ICOs but the numbers are now few. Most of the ICOs nowadays are bad because their goal is only to raised big amount of money. It is now very risky to participate in ICOs.
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October 09, 2019, 09:01:09 AM
 #158

IEO's presence is only to reduce the indications of project fraud, I observe that the IEO trend has attracted market investment and many investors prefer to invest in IEO because the risk of fraud is smaller than in the ICO but that does not mean that the ICO has been forgotten due to the presence of the IEO trend.

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October 09, 2019, 11:57:25 AM
 #159

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.

At present what we are building on the mindset is that the ICO project is identical to fraud, but actually the scam project depends on the team, not on the ICO or IEO. So why do ICO projects still have people who want to invest? Because the team is trusted.

patel_sirivan89
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July 13, 2020, 07:45:18 PM
 #160

How do you see ICOs in 2020?

What changed? What still needs to be fixed?
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