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Author Topic: Who said that ICOs are dead?  (Read 1421 times)
vermigerous
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July 26, 2020, 01:14:06 AM
 #121

ICO projects are not dead for the ones that has a good development and has a good vision in their project. It is only said that ICO is dead because several of the project we know are not taking a good step through the development of their projectand has no concrete plans to make even in the long run, and at the end it would end up to an abandoned ICO.

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July 26, 2020, 02:10:04 AM
 #122

I just heard the project ico AVAX in icodrop if they could collect $ 12 million in a short time I think AVAX project is a project real and has partner great big name appears rarely project ico today really have a future in accordance with their road map seems to project ico AVAX is one that has a good purpose to be successful and be able to compete with other well-known.


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July 26, 2020, 02:25:05 AM
 #123

ICO projects are not dead for the ones that has a good development and has a good vision in their project. It is only said that ICO is dead because several of the project we know are not taking a good step through the development of their projectand has no concrete plans to make even in the long run, and at the end it would end up to an abandoned ICO.
Everyone will think the same as you and the ICO really is not the same as before because I know that up to 90% is scam in this market, so it will be very risky when you invest. Of course, if it is a good project, it will still be mentioned and people can choose to invest, but generally there are very few good ICO projects for investors. Now, the current new investment trend is Defi projects and it is no different from ICO but it will definitely help you to earn big profits.






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July 26, 2020, 05:12:10 AM
 #124

I never think that ICOs are dead, IEO is just a trust process to raise funds for a new legit project. Even Binance IEO can't raise as much as ICO. Anyone can get scams easily by ICO which risk is much lower in top exchange IEO. In 4 and half hours, 42 million USD was huge funds. Kingcasino was published about success, so we have to wait until the good exchange listed to see the real value.
ICO is indeed still quite a lot at this time, it's just that ICO does not currently have a big opportunity anymore. Well, if the mentioned ICO project really collected that many assets, then I assume that this happens from 1 in dozens of existing ICOs. in fact, ICO is currently not in great demand.

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July 26, 2020, 08:31:43 PM
 #125

ICOs are not dead, they are still working and a lot of start-ups are using ICO to raise millions in few hours.
The reason why people believe that ICOs are dead is because there are so many scammers out there. Despite all the criticisms that it has received in the past years, it’s still not over for ICOs, there are still lots of companies that are using it to raise funds.

It is all about having the right team, I believe that if a project has the right team they will launch plan accurately and run promotion the right way, and everything will be well done.
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July 26, 2020, 11:34:28 PM
 #126

Well, when the product, tokenomics, and team are the perfect mix, any fundraising method is sure to get success. In fact, ICOs can be successful if supported by good products and market ecosystems, unfortunately, many ICOs are used to cover up fraud, so many investors doubt it. In fact, ICO can be as successful as OP's explanation.
This is the importance of conducting an in-depth project analysis. We have to analyze the product well, is it really useful or just bullshit, besides that with the support of a unique team and tokenomics, the project will definitely give a good color.

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July 26, 2020, 11:53:13 PM
 #127

Money is the main point, only for leakage money ICO is getting worse than worst. Avalanche blockchain will be the best hope for those who aren't interested in bounty. I never thought that Avalanche blockchain could gain this huge success. Very fast this token listed exchange, these exchanges have only a few thousand USD. I won't buy this coin from this low volume exchange.
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July 27, 2020, 12:50:56 AM
 #128

In any case, everyone should research and read about Telegram's failed ICO and why it failed. If Telegram did a plain public ICO, I reckon that they would have collected the funds, distributed the tokens and would have innovated without hindrances from the government.

Telegram was a company that wanted to do it right, however, the government will only favor the people who have the political connections to be favored.



Hester Peirce, the crypto lovin’ commissioner of the US Securities and Exchange Commission, said that the SEC made an error in taking legal action that led to the shutdown of the Telegram Open Network, the $1.7 billion crypto project from Telegram, a popular chat app.

In a speech given at the virtual Singapore Blockchain Week, published online today, Peirce, often called “Crypto Mom” for her support of the crypto industry, said that last month’s settlement with Telegram was “the unsatisfying culmination of an enforcement action that I did not support from the beginning.”

“Moreover, the settlement produced an unsatisfying result—the abandonment of the project.”

The SEC’s main battle against Telegram concerned the way it structured its ICO.

Telegram used something called a Simple Agreement for Future Tokens, or SAFT. With SAFTs, investors buy the right to tokens, which are distributed much after the network launches. The idea is that investors wouldn’t buy Telegram’s tokens, “Grams,” for speculative purposes, but rather would use them on the network when it had launched.

In theory, this would neatly sidestep US securities laws and mean that Telegram didn’t have to register with the SEC.

But the SEC said that the SAFT didn’t make a difference: Telegram was still, essentially, selling securities, it argued. The court, appearing to prefer this argument, prolonged delays to the network, and these delays then prompted TON’s collapse.


Source https://decrypt.co/36296/sec-wrong-to-go-after-telegram-crypto-mom-hester-peirce

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July 27, 2020, 02:57:30 AM
 #129

ICOs are not dead, they are still working and a lot of start-ups are using ICO to raise millions in few hours.
The reason why people believe that ICOs are dead is because there are so many scammers out there. Despite all the criticisms that it has received in the past years, it’s still not over for ICOs, there are still lots of companies that are using it to raise funds.

It is all about having the right team, I believe that if a project has the right team they will launch plan accurately and run promotion the right way, and everything will be well done.
If you know of the recent Defi projects, it can be said that the ICO projects are coming back because in general, Defi projects have the same operation as the ICO. I think this year will be a good time for you to consider investing because I have found a lot of potential projects and absolutely can help you to make a profit if you are lucky.

Of course, there is still a risk, but now investors have become wise and know how to avoid scam projects.

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July 27, 2020, 03:58:57 AM
 #130

I never think that ICOs are dead, IEO is just a trust process to raise funds for a new legit project. Even Binance IEO can't raise as much as ICO. Anyone can get scams easily by ICO which risk is much lower in top exchange IEO. In 4 and half hours, 42 million USD was huge funds. Kingcasino was published about success, so we have to wait until the good exchange listed to see the real value.
ICO is indeed still quite a lot at this time, it's just that ICO does not currently have a big opportunity anymore. Well, if the mentioned ICO project really collected that many assets, then I assume that this happens from 1 in dozens of existing ICOs. in fact, ICO is currently not in great demand.
ICO have been largely forgotten for the past year and investors don't seem interested in investing in these projects. I think the current investment trend is IEOs because it gives you higher profits and doesn't have to spend too much time waiting. However, the problem here is that there are not too many good IEO projects for investors and you are not always lucky enough to participate in big projects.

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July 27, 2020, 05:51:11 AM
 #131

I never think that ICOs are dead, IEO is just a trust process to raise funds for a new legit project. Even Binance IEO can't raise as much as ICO. Anyone can get scams easily by ICO which risk is much lower in top exchange IEO. In 4 and half hours, 42 million USD was huge funds. Kingcasino was published about success, so we have to wait until the good exchange listed to see the real value.
ICO is indeed still quite a lot at this time, it's just that ICO does not currently have a big opportunity anymore. Well, if the mentioned ICO project really collected that many assets, then I assume that this happens from 1 in dozens of existing ICOs. in fact, ICO is currently not in great demand.
ICO have been largely forgotten for the past year and investors don't seem interested in investing in these projects. I think the current investment trend is IEOs because it gives you higher profits and doesn't have to spend too much time waiting. However, the problem here is that there are not too many good IEO projects for investors and you are not always lucky enough to participate in big projects.
Many investor forgotten with ICO project because they have failed how to reach much profit with ICO investment, always have lower price after listing on exchange market make many people will think again how trusted an ICO project for investing, will get much profit or lost our money with ICO project investment.

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cryptoknightt
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July 27, 2020, 07:07:02 AM
 #132

not dead but rarely used, because according to some IEO projects more profitable than ICO, until then all IEO will become garbage because all projects can be listed on the exchange without seeing whether or not the quality of the project, and ICO will take over again.
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July 28, 2020, 04:14:01 AM
 #133

@litepool.ru. Is AVA scam? Is Polkadot also scam? No, I reckon. However, yes, there are many scam ICOs that have collected funds from the cryptospace.

In any case, Polkadot has collected another $43 million through a private sale, however, was it a private sale? There are people on Reddit claiming that they have bought some tokens.

https://www.reddit.com/r/dot/comments/hxbxl6/get_polkadot/

A second private sale of the Polkadot token (DOT) netted the Web3 Foundation and Parity Technologies some 3,982.07 bitcoin (BTC) worth an estimated $43.3 million at press time, according to sources.

A bitcoin address shared with CoinDesk saw 1,059 transactions beginning July 24 at 5:22 UTC.

The token offering was not available in certain jurisdictions such as the United States, according to the sale’s website. DOTs were listed for $125 per token, according to Reddit users claiming to be involved in the sale. The Web3 Foundation did not return requests for comment.


Source https://www.coindesk.com/polkadot-raises-43m-in-72-hour-private-sale-source


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Aaroenz0r
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July 28, 2020, 04:48:16 AM
 #134

not dead but rarely used, because according to some IEO projects more profitable than ICO, until then all IEO will become garbage because all projects can be listed on the exchange without seeing whether or not the quality of the project, and ICO will take over again.
At the moment, only scam projects use ICOs to raise funds, I've seen a lot of shady projects like these in the past few months. And fortunately, investors are much smarter and more careful than before, they only care about IEO projects at large exchanges.
I would not say that ICO is dead, but I would say ICO project is no longer a choice for investors anymore! I don't believe there is any good ICO project in the market. Developers know that and they're trying to switch their plan to do IEO on large exchanges rather than doing ICO. Investors have experienced those scammed ICO in the past, ICO left an unforgettable stain for a lot of people.

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July 28, 2020, 05:41:22 AM
 #135

AVAX proves that ICO crowdfunding can still be used to raise fund and that's impressive but let's not forget that AVAX became successful because it have the best team and best utility, those team are blockchain professionals from the days when Bitcoin wasn't around
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Temporary forum vacation


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July 28, 2020, 06:01:48 AM
 #136

not dead but rarely used, because according to some IEO projects more profitable than ICO, until then all IEO will become garbage because all projects can be listed on the exchange without seeing whether or not the quality of the project, and ICO will take over again.
At the moment, only scam projects use ICOs to raise funds, I've seen a lot of shady projects like these in the past few months. And fortunately, investors are much smarter and more careful than before, they only care about IEO projects at large exchanges.

ICOs never died,,, they kept going and going and people kept getting money into it. All kinds of different models and guess what bounty hunters still continued doing their thing shilling and getting coins;)

I think scam projects and ICOs are always interlinked, before and after, even those with profit now are riding the next speculation wave;)

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July 28, 2020, 06:05:11 AM
 #137

Avalanche success doesn't erase the fact that ICO are scammers tool now, investors don't want to invest in ICO projects anymore that's the fact, to me ICO remains dead but if I know a good project like Avalanche that wants to use ICO I will invest but that doesn't mean I will always invest in ICO projects

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July 28, 2020, 09:40:05 AM
 #138

@litepool.ru. Is AVA scam? Is Polkadot also scam? No, I reckon. However, yes, there are many scam ICOs that have collected funds from the cryptospace.

In any case, Polkadot has collected another $43 million through a private sale, however, was it a private sale? There are people on Reddit claiming that they have bought some tokens.

https://www.reddit.com/r/dot/comments/hxbxl6/get_polkadot/

A second private sale of the Polkadot token (DOT) netted the Web3 Foundation and Parity Technologies some 3,982.07 bitcoin (BTC) worth an estimated $43.3 million at press time, according to sources.

A bitcoin address shared with CoinDesk saw 1,059 transactions beginning July 24 at 5:22 UTC.

The token offering was not available in certain jurisdictions such as the United States, according to the sale’s website. DOTs were listed for $125 per token, according to Reddit users claiming to be involved in the sale. The Web3 Foundation did not return requests for comment.


Source https://www.coindesk.com/polkadot-raises-43m-in-72-hour-private-sale-source


There are hundreds of ICOs created every month, and only a few are successful in this market. But then most of those projects will disappear from the market, I don't think the ICO is dead, but it's not so relevant to the current situation.

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July 28, 2020, 09:51:12 AM
 #139

Avalanche success doesn't erase the fact that ICO are scammers tool now, investors don't want to invest in ICO projects anymore that's the fact, to me ICO remains dead but if I know a good project like Avalanche that wants to use ICO I will invest but that doesn't mean I will always invest in ICO projects

The system needs to change and there should be regulations added to make sure that scammers are not taking advantage of the investors. Also, strict conditions should be put in place (such as escrow), reduce the risk of team members vanishing with the hard earned money of those who invest in the project. First and foremost, the team members must undergo a strict KYC process conducted by an independent third party.
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July 28, 2020, 12:10:03 PM
 #140

I don't have negative vibes about ICO but scammers are the reason I'm avoiding ICO projects, if the project is good enough I don't see why not I won't invest, it doesn't have to be a popular crowdfunding, what I'm after is quality projects

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