Should we boycott ICO's ?

[pamsugas]

it is impossible to boycott ico for such reasons. there is a risk of bounty hunter in the event of a delay distribution. the bounty hunter should be involved in a bounty research further so that nothing happens, but it is very difficult. bounty hunter can only be patient.

[CryptoBry]

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

I already did months ago, more than a boycott I turned my attention  away from those ICO projects. Actually, we are not anymore in the era of ICOs as projects are now preferring to do the IEO way of crowdfunding or doing the whole thing with a good cryptocurrency exchange. However, this can just be an old dog with a new collar as there is no guarantee whatsoever than an IEO project will not be a scam later.

Do you that there are many not-so-reputable exchanges which can accept any project for IEO if they just pay the required fees? That is where the problem lies so the solution is always use a reputable exchange especially those in the top 5 and do not listen to the BS project promoters are peddling. Let's send these bastards a big message they should not forget: We are done with your ICOs so go away and don't come back another day!

[cryptoknightt]

I don't think it needs to be done because currently there is a safer IEO and sometimes from IEO you can also get losses, so it is better that ICO still exists so that there are many new platforms that are potentially very potential.

[Fredomago]

it is impossible to boycott ico for such reasons. there is a risk of bounty hunter in the event of a delay distribution. the bounty hunter should be involved in a bounty research further so that nothing happens, but it is very difficult. bounty hunter can only be patient.

There's no chance for the bounty Hunters to stop chasing those projects that will show up from time to time, even there's a lots of scammers around and it's just wasting hunters time and effort, but in the end there's still participants which willing to take the risk. People will try to seek for chances that will open even if there's a big risk behind, as the chance of not being paid is mostly possible.

[BlackFor3st]

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

We should narrow it. We should definitely boycott all the scam ICO's and stop promoting them in the forum to make this forum clean.

And the remaining genuine ICO's, let's support them 100% even if there are very few of them only. As of now, IEO's became more popular compare to ICO's and STO's so I guess this is a good alternative for it. The success rate of IEO's are also good compare to ICO's.

[Tylev]

ICO is one of the easiest ways to develop and improve cryptocurrency. ICO activities should be helped to work in a normal way without fraudsters, and not to boycott it. Now the process of legalization of cryptocurrency on the part of states has begun actively and soon the turn will come to the regulation of this type of activity. If ICO teams are checked and registered by government bodies and other measures are taken to protect the rights of investors, the situation with ICO projects will change dramatically for the better. As soon as the level of fraud after the regulation of ICO activity drops, their popularity will rise again.

[Murat]

It's a really sad thing that after working a couple of months and weeks when you find that is a scam or fake then it might hurt, but a proper regulation could prevent this situation, boycott is not a solution in this context, it's also a matter of credibility to the general investors, so without checking out properly whether a scam or not, it's not a wise decision to work or invest in the coming ICO's, but it's also stated that there are so many ICO whose are running well and contribute in this cryptocurrency platform, in the bounty campaign, the bounty hunters don't have an option to select or to choose, so after reading whitepaper, we need to select an ICO otherwise it may bring a curse to this platform.

[tenakha]

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

Apart from the 2-3 bounties I have seen since the beginning of this year, everything else is exactly what you are saying. There was even a bounty where my 6week effort was equal to $5. I have not sold any of them but nothing has changed for the better.

I do not think Boycott is gonna work. At least think about what we can do to the bounties who have not given our reward so far: NOTHING!

[Wysi]

Don't spread hate mate , let em fade away on their own actions. As long as we don't invest into new ICO's, teams will get the message and they will stop promoting projects without any real use case ....in fact maybe there will be a great ICO coming in 2020 , you never now so just watch them without investing.

Yes that's also true we tend to invest our time and money by going through their website and this was our mistake as you have rightly mentioned if we stop investing as well as promoting the new ICO's without a clear prospect then they themselves will learn the lesson in hard way and I just thought of passing a token of cautiousness to the bounty hunter community.

[Strongkored]

Bounty hunters have different views, certainly not all agree with the boycott ICO, there are those who think yes we should also vice versa, especially if there are ICO's who can provide big money in the near future, I'm sure they will rethink to return to their activities as bounty hunters.

[riso2015]

If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

[Gotumoot]

Why? You do not need to invest into ICOs, you do not need to promote them in a bounty campaign. It is a risky way how to earn money, but it is more likely that you will lose money.
ICOs need skill, just like trading, so do not think about it as if it was a gamble.

Unlike ICO and Trading, In ICO when you invest you can lose all your money invested in it. And in Trading your investment value may fall, but you can recover it and you can prevent further loss of the value of your token by selling it.

[max6575]

as more of works from developer gains with attention from public audience the uses on works as the ico gives as further on terms of completion as might with the possession of funds and more on authorization with competence on technical skills and basics of ideal science to cover of needs as completing terms of production.

[Rodeo02]

If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

It will never stop as long as there is investors tje project creating new ICO will continue the every last drop of investors invested in it.

Same as IEO this kind of investment will be profitable only for short term, once the trend ended all of the IEO coin/token will decrease the price and will not be profitable anymore and more the more of the ICO project is now moving to IEO and small exchnge to list thier token.

[alan2here]

If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

It will never stop as long as there is investors tje project creating new ICO will continue the every last drop of investors invested in it.

Same as IEO this kind of investment will be profitable only for short term, once the trend ended all of the IEO coin/token will decrease the price and will not be profitable anymore and more the more of the ICO project is now moving to IEO and small exchnge to list thier token.

Any investment needs to be researched carefully before investing because until now IEO still has great risks and many recent bad projects are appearing at small exchanges. I think investors need to have a specific plan when joining IEO and should verify their development team so they can know what they will do next in the near future. I often participate in AMA at big IEO projects and always have a lot of questions before investing to make sure that project can bring me good profits.

Of course risks can still happen but if the project is positive in the media and there are many new updates then it is definitely a project you should not overlook.

[trauchot]

For a long time it was necessary to do so, because as soon as cryptocurrency growth ended at the beginning of last year, a very bad situation in the cryptocurrency sphere began, namely, people began to create cryptocurrency companies one after another for money divorce and to this day such companies appear every day and we have to somehow deal with them, but for a start just don’t invest in such companies.

[Sithara007]

Anyone with brains have decided not to invest in the ICOs anymore. And the effects are visible in the market as well. Earlier, we used to have hundreds of ICOs coming out everyday. But now this number has declined to a few dozen. And this means that the demand for the new ICOs have declined to a bare minimum. Even those ICOs which are listing in the market are not attaining the soft-cap on most cases. Only those in hold of dirty coins (stolen coins or those from illegal sales) are investing in the ICOs now.

[barnes13]

Why? I don't think that's necessary because that is not purely the fault of the project. Not only you who don't want the price of the token to fall, but their project team also doesn't want it. You need to know what they can do if all the effort has been done? I know that some projects make the decision to buyback the token on the market so that prices don't fall too far, but when that is done and the market still doesn't want it, they can't do much. What they can do is focus on developing their products so they can have a higher value. But to fix this is not easy, they need time for it.

In one case there was also a fraud committed by the project. The bounty hunters should be more selective in supporting the project and conducting their own research.

[Alexandr Kirichenko]

What's the point? ICO and without us are gradually dying out. I think it will all end by itself soon. And here is find indeed fraudulent projects and to speak about them I think is worth.

[erickastella]

do not beat all ICO flatly, you try to research / analyze about the project because the developers also do not want something like that maybe they are still stuck in their projects to delay a few months reward for bounty hunter, or you can try switching from bounty hunter to airdrop , because the aidrop task is easy and the payment is very fast than the bounty, that's just my advice.