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Author Topic: Recent Icos facts  (Read 664 times)
DrawAthens031 (OP)
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December 06, 2019, 12:31:15 PM
 #1

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

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December 06, 2019, 12:35:08 PM
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 #2

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.

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December 06, 2019, 12:41:56 PM
 #3

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.
It's way better actually than investing in ico's. ICO's are dead, there will be no profit we can earn from it anymore. Move forward, try to move on and do another thing that will give you an opportunity to earn. It is actually right that investing in top altcoins can be a good start to stay away from investing, it's a good way to earn a decent profit.



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December 06, 2019, 01:23:27 PM
 #4

You should only invest in projects that can't easily scam people even if they are scammers.
That is the kind of crowdfunding method we should be working on in Crypto space. A project has to very transparent, qualified, accountable, decentralized etc before getting funded. If this is done, the number of projects going for ICO will shrink greatly. After funding, funds should be secured by multiple people for gradual releases to developers. This whole thing could be done on DAO kind of platforms with lots of participants plus strong self-regulatory mechanism.

Hoping to see ICO dead is like hoping to see crypto space dead. It likely will never happen any time soon. If you give it a bad name people will probably avoid using the word ICO and still get funded. By the way, the less active ICO market is a general reflection of cryptocurrency market.
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December 06, 2019, 01:29:09 PM
 #5

This is true, most of projects are exit scam and every day various projects launched and after that closed due to their nonserious attitude about projects, So when you check the project then you need to check all social media communities, Bitcointalk ANN thread is growing or dead and other ICO ranking sites.

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December 06, 2019, 03:31:04 PM
 #6

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.

This below is just a nice suggestion to start being safe in this whole scam issue. I have also invested in ICO while just joining this forum with high hopes of making it big with my investment but now, the project closed up and blocked every means. Don't investing in ICO, just wait for the listing if you like the project or you research with cmc like top 20 coins.
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December 06, 2019, 03:37:35 PM
 #7

You can see the beginner's and helps section. Coolcryptovator posted an article "how to find scam ico". I am really sorry because i don’t have  the link.but saw an article in this topic.
There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.
If people don’t invest in ICO/IEO then how new project will be survive? If people only invest in top coin then some good project will be failed because of investors.I think better to learn about ICOs which one is legit and which one is scam.     

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December 06, 2019, 03:42:33 PM
 #8

ICO facts these days are not fascinating. Thats why we don't get hot messages like early 2018 timeframe. However, I think that this is good sign. More scammers will go away and minimum number of new scammer will come into field.

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December 06, 2019, 03:42:44 PM
 #9

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

The only way to escape ICO scams is not to invest on them anymore, binance can do the work for you, they screen new projects that wants to get launched on their exchange and all IEO on binance are successful, if you want to make profit binance IEO is the right path

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December 06, 2019, 03:47:01 PM
 #10

Sometimes it’s impossible to do this, since everyone exposes to potential investors so it’s impossible to determine, just the main thing is to adhere to one rule, it’s never throwing your entire deposit into one project, as it may turn out to be fraudulent and you will lose all your money, and If you distribute your deposit between several projects, you can cover losses from some projects and make a profit with one project that will earn extra profit.

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December 06, 2019, 03:51:51 PM
 #11

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

The only way to escape ICO scams is not to invest on them anymore, binance can do the work for you, they screen new projects that wants to get launched on their exchange and all IEO on binance are successful, if you want to make profit binance IEO is the right path
But he also needs big funds or investment to join Binance's IEO,
And there is a risk to the IEO, as the price may drop as ICO does. So the best he can do is to have the knowledge and self-analysis of the IEO/ICO he wants to join.
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December 06, 2019, 03:54:40 PM
 #12

There is no way out, I recommend just diversifying your investment portfolio for a large number of projects, so you will undoubtedly reduce losses, and with good market events you can even make good money, remember once and for all that all eggs can not be put in one basket, I think it’s better no slogan Smiley

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December 06, 2019, 03:57:17 PM
 #13


There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.
I totally agree with your opinion, because even non-scam ICOs are most unprofitable. In fact, most projects are deliberately exaggerating their applicability in practice.

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December 06, 2019, 03:59:59 PM
 #14

I wonder why people are still talking about ICO projects, are there people on here still investing on them? its really a time wasting investment, IEO is here to fix that and if you just invest on IEO on top exchanges like Huobi binance or Gate you will get good profits

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December 06, 2019, 04:08:29 PM
 #15

Its hard to be choose the legit ICO nowaday, but at least we can reduce the chance to get scammed on ICOs. So far if I will join an ICO or to be their promotor, I always looking in to their website profile. Domain and the age of that web is important, and then the team's linkedin profile can help us how seriously they are.
I think that is basic knowledge to identify an ICO, you can use your knowledge as well to make sure the quality of ICLs.

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December 06, 2019, 04:28:21 PM
 #16

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


It's getting really difficult to differentiate between a legtimate ICO and a fraudulent one. If you want to be safe, invest in the projects you personally know about or by visiting the project you are interested in. This may not be possible sometime so you could also seek suggestions from the experts who do so.
You can trust popular launchpad like binance to have some detailed research before listing an IEO.



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December 06, 2019, 05:08:24 PM
 #17

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?

Any project can turn into a scam at any time so there is no way to find out the scammers that is the biggest risk of investing on a new crypto project.But you can make profits as well if you could find one but not in long term so decision is yours need profits with huge risk or better invest on existing legit cryptos.

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December 06, 2019, 05:17:25 PM
 #18

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?


There's only one solution and this will spare all your heartache and headache, don't invest in ICO anymore, consider taking a vacation investing in ICO, and if you really want to invest, why not invest in the top coins in the market, investors have stopped investing in ICO you should too.
This is the result of greedy behavior. In 2017 and 2018 there were too many scams that caused that people are disappointed about ICO's behavior and no more interested in investing.


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December 06, 2019, 05:49:48 PM
 #19

yeah, ICOs and IEOs recently are less popular recently, i guess this trend is getting down and very few people want to inves in a project without any real value or just a coin based on trust, moreover scammers are using ICO or IEOs to steal money from investors, the trend is end, we can choose another way to invest and stay away from these kind of new ICOs recently.

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December 06, 2019, 05:57:37 PM
 #20

There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?
I must agree on this. ICO these couple of months of are full of crap. You cannot literally see it or obviously suspect that the ICO will run after funding a money on which many had complaint too. You' be rather consider of taking a rest with ICO investment since the market has many scam ICOs. No lose, no gain! But you really insist that you want to invest why not on stocks? want something more volatile ? why not long hold bitcoin? ethereum? This is what we got now after overhyping the market since late 2017, legit projects are outnumbered by scam ones.
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