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Author Topic: Does the ICO have a future in 2020?  (Read 481 times)
amos77978
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May 08, 2020, 06:05:53 AM
 #61

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?

theyve been alot of scam projects since 2017.. then, that the hinder the progress of cryptocurrency in anyway.. I see no reason why it should in 2020.. as a matter of fact people are now more knowledgeable of scam ico's out there compared to last 2 to 3 years
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May 08, 2020, 06:07:06 AM
 #62

It looks like you are only counting for the scam project but you are not aware if there was a lot of successful icos.

It's better for you to visit this site https://icodrops.com/ and look at the previous ico list and there was a bunch of successful icos. The future is still really bright.
based on the data from this site it can be seen that the relevance of the ICO has decreased significantly compared to 2016-2017, people’s opinion is interesting whether anyone is following the ICO, or many have switched to IEO ?
They indeed started to disappear within those years although I still managed to join some at year 2018, and there were quite a lot but not really as many as you think that time.
IEO replaced ICOs and don't worry, IEO is still a subset of ICO but they just have different means of how they work such that the project requires to comply to the requirements of the exchange before they get listed.
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May 08, 2020, 06:13:34 AM
 #63

It is really damaging the image of ICOs because of the scammers, investors were prefer to invest coins that already in exchange but I'm hoping a good year for ICOs  after this pandemic.
since 2019, ICO has started to decrease. even today, there are very few projects that impose ICO. I think the sale has been updated to IEO. people trust IEO more than ICO. so, I think that ICO will not survive in 2020. Outside the pandemic, even IEO is still quite difficult to develop at this time.

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May 08, 2020, 06:50:20 AM
 #64

No, ICOs are dead already. Even though there are some people who actually experienced a successful ICO this year, we can see that they don't last. Most of them end earlier than expected and some are actually exited after the project team received huge money.

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May 08, 2020, 07:25:09 AM
 #65

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?

There is no relevance that can be found in ICOs again both this year or the ones to come, my opinion though. My reason for saying such is that, hardly will you see an investor who have been scammed many times by these ICOs investing again not when he can still do same thing with IEO and expect a more better result. So yes, I repeat samething again, ICO is dead and totally forgotten. Not that IEO doesn't have its issues as well, but it offers better chances.

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May 08, 2020, 07:30:47 AM
 #66

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?

ICO is increasingly marginalized after more and more new projects have opted for IEO. Although many IEOs are not always successful, at least IEO has begun to replace the token sales process and I think new exchangers will continue to emerge because of this IEO opportunity

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May 08, 2020, 08:07:22 AM
 #67

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
The ICO market is not doing well despite, in all of the measures that were adopted like the KYC on the project team members, third party audit, etc. Because the investors are already doubting on ICO thats why it is going to the limbo For me, the damage is done already many people were already scammed and losing money with those fraudulent ICO's before including myself base on my assessment ICO won't prosper any more in 2020 Although IEO will be more attractive to invest especially if it was done on the popular and big crypto exchange platform like Binance, Okex, etc.
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May 08, 2020, 08:16:33 AM
 #68

It is not.
 To be honest, ICOs turned down. What I mean is that their reputataion are not really good because of those selfless individuals who only wanted to collect funds and scam investors and participant.
 
 Let's just accept the fact that ICOs today will not be as legit as ICOs before. There are just 1% maybe that is not scam but majority will not be profitable in this 2020 onwards.
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May 08, 2020, 09:51:46 AM
 #69

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
A lot of people have questioned the probability of ICOs to survive in the past, and here we are today and there are so many ICO and a lot of them are still being successful. You might have seen many of them that turned out to be a failure or a scam, but that still doesn't mean they are all the same, there are still the good ones. That's why you shouldn't just jump straight at anything you see, you should always take your time to choose what is right for you. Whenever you're choosing a project, take your time to make the right choice and not jump on anything.

After IEO introduction by major exchanges, ICO is experiencing very hard time till now. But, this forum is facing less spam due to less bounties due to less ICOs on forum. I doubt any good future for ICO until we see a stronger crypto bullish markets. Because, we need more investors to risk on ICOs after their IEO spending.
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May 08, 2020, 09:59:11 AM
 #70

No I don't really think that they have future at all since we now have IEO and investor would highly choose it over ICO so I think the ICO era has already ended.
The reputation of ICO has already been destroyed by so many scammers and it is so hard to trust them again and hard to find a worthy project because even if they seems legit we couldn't be so sure about their credibility.
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May 08, 2020, 10:00:41 AM
 #71

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?

There is no relevance that can be found in ICOs again both this year or the ones to come, my opinion though. My reason for saying such is that, hardly will you see an investor who have been scammed many times by these ICOs investing again not when he can still do same thing with IEO and expect a more better result. So yes, I repeat samething again, ICO is dead and totally forgotten. Not that IEO doesn't have its issues as well, but it offers better chances.
To be fair, IEO is the fruit of all the trouble we got within the ICO phase and if ICO is being replaced by IEO it does make a lot of sense, atleast less and less people losing money since most of ICO or IEO investors are now vigilant unlike in the past where people would just throw their money even if the project is utter garbage.

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May 08, 2020, 10:54:08 AM
 #72

ICOdrop lists all the best projects. So just go there and look for new projects to invest in, almost all the projects there will implement IEO at the top exchanges to raise funds. Never waste your time with the projects here because it's too risky and you can get scammed anytime.

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May 08, 2020, 11:51:30 AM
 #73

No I don't really think that they have future at all since we now have IEO and investor would highly choose it over ICO so I think the ICO era has already ended.
The reputation of ICO has already been destroyed by so many scammers and it is so hard to trust them again and hard to find a worthy project because even if they seems legit we couldn't be so sure about their credibility.
ICO's reputation is destroyed by scammers, I think the same as IEO will be the same.
At present there are many exchanges that hold IEO and many of them have engineered everything. More and more new exchange days, and I'm sure many of them are scam exchanges.
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May 08, 2020, 12:13:41 PM
 #74

If you want to throw money out of your pocket, you can participate in the ICO. I don't see any good ICOs and returns for investors, all ICOs have the same ending. They will become scam and make investors lose and disappoint
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May 08, 2020, 12:45:49 PM
 #75

No I don't really think that they have future at all since we now have IEO and investor would highly choose it over ICO so I think the ICO era has already ended.
The reputation of ICO has already been destroyed by so many scammers and it is so hard to trust them again and hard to find a worthy project because even if they seems legit we couldn't be so sure about their credibility.

Just to be fair with IEO, they are also being used for p&d just like ICO. The problem with ICO this 2020 is that investors lost their trust because of the rampant scams and it is not doing anything good as far as return of investments is concern.

And we won't go back to the 2017 ICO hype as well. It has died down already, so for me 2020 will be a struggle for ICO. Of course there will be a few that will be successful in the beginning, but it will end up like a p&d scheme.

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May 08, 2020, 01:18:06 PM
 #76

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
ICO is dead since 2018, stop talking about it because no single new developers use ICO to raise fund anymore, it's now a failed old skool fundraising style, why seeking for ICO when we already have IEO which is better?

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May 08, 2020, 01:33:37 PM
 #77

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
i think in our time now?ICO is a Bread and butter of scammers and investing in them means you are helping them to operate as many scam as they can.

Let us find more investing that worth here than ICO joining ,and also for now as market is fulling down again?better try to encourage yourself to Hold and not be affected about the movement of the currencies.

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May 08, 2020, 01:36:54 PM
 #78

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
ICO is dead since 2018, stop talking about it because no single new developers use ICO to raise fund anymore, it's now a failed old skool fundraising style, why seeking for ICO when we already have IEO which is better?
Exactly, why is he still trying to look for ICOs while we have IEO. IEO is helping a lot of people make a profit, so focus on joining IEO at the big exchanges. Surely you will be satisfied with it

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seagates
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May 08, 2020, 01:46:33 PM
 #79

We already have so many projects.. Market is overheated. And i dont think that people are ready for ico in current sitiautaion.
All these are not so good for ICO feature. IEO maybe, but not ico
bobyhodob
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May 08, 2020, 01:55:52 PM
 #80

Good afternoon! In your opinion, how relevant is the ICO in 2020 after many projects turned out to be scammers?
ICO is dead since 2018, stop talking about it because no single new developers use ICO to raise fund anymore, it's now a failed old skool fundraising style, why seeking for ICO when we already have IEO which is better?
Exactly, why is he still trying to look for ICOs while we have IEO. IEO is helping a lot of people make a profit, so focus on joining IEO at the big exchanges. Surely you will be satisfied with it
but in some cases only a few IEOs held at a trusted exchange place can provide a lot of profit whereas IEO at an untrusted exchange place will only cause investors losses. participating in IEO which has a trusted exchange platform is a very good and very appropriate choice.

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