Who said that ICOs are dead?

[New_order]

Is ICO that useless? Of course not but what really happened is lack of trust that's completely missing in ICO crowdfunding, IEO does things better and safer than ICO crowdfunding, Avalanche is successful because it's damn good project

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[Sourhearrt]

ICO crowdfunding can still be used but the problem is if investors will trust the project because of ICO lack of trust, I can invest in projects like AVAX but let me tell you that the difference is clear because AVAX as what it takes to be successful

[Jateng]

I’m not aware that even a bunch of ICO scam are going on and ICOs are not very popular now, there are still project like this that successfully launched. There like these investors that willing to invest despite of being scam so many times.
If the project will really take it seriously and promote properly, the project like this will surely success. The application of the project will have a great impact to the success of the project.

[kensaii]

This public ICO has raised $42 million in under 4.5 hours. This might imply that the another cryptocoin bull market is beginning, I reckon. The pumps are returning hehehe.

Hate to admit it but you are right. From the surge in terms of prices for DeFi project that comes out of nowhere but still stays on top CMC to project holding ICO still able to raise a big fund like this. Clearly we are back to the old day with the pumping.

[ven7net]

This public ICO has raised $42 million in under 4.5 hours. This might imply that the another cryptocoin bull market is beginning, I reckon. The pumps are returning hehehe.


Blockchain project Avalanche raises $42 million in a public token sale

Blockchain project Avalanche, spearheaded by Cornell computer science professor Emin Gün Sirer, raised $42 million in a public token sale last week.

The amount was collected in just under 4.5 hours on July 15, AVA Labs announced on Wednesday. There were 72 million Avalanche (AVAX) tokens available for sale, and investors from 100 countries grabbed all of it. Some of the funds also came from Ethereum’s Genesis address.

Read in full https://www.theblockcrypto.com/linked/72597/blockchain-project-ava-raises-42-million-in-a-public-token-sale

You're right! ICOs and other mechanisms for launching crypto crowdfunding companies are alive. Of course, so far not as much as in mid-2017, but there are still successful companies. I think that many investors see perspectives in the crypto industry, and also understand that a flight to the moon is possible soon, which means that you can make good money here. I also work for various crypto companies and believe in their success.

[memed97]

Yes ICO is dead, one project isn't enough to confuse me in this matter, investors are still not trusting ICO projects, avalanche is just a different project that's of high quality and they plan to use ICO to raise fund, I expect nothing but success from the project of course

If you still hope to succeed through the ICO project, then it is already very impossible for now, although there are one or two projects that can still be successful by collecting funds through the ICO, it is only a coincidence and maybe the support of other parties is very different from other projects.

[Aaroenz0r]

Yes ICO is dead, one project isn't enough to confuse me in this matter, investors are still not trusting ICO projects, avalanche is just a different project that's of high quality and they plan to use ICO to raise fund, I expect nothing but success from the project of course

If you still hope to succeed through the ICO project, then it is already very impossible for now, although there are one or two projects that can still be successful by collecting funds through the ICO, it is only a coincidence and maybe the support of other parties is very different from other projects.

I agree with this opinion. People have lost all their trust in ICO projects in the past. There were too many scammed ICO, people have lost a lot of money into it! Therefore, I think that they rather skip the chance to join a good ICO than being scammed by ICO (which is most likely to happen). I can see that people have adjusted their interests to IEO projects on those large exchanges! It's safer!

[Vishnu.Reang]

Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.

[sfireman]

Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.

I don't have any hope in ICO projects anymore. The hype is over. People are now more interested in IEO projects and DeFi projects than ICO. I also think that not many project choose to do ICO right now since they already know that people don't care about ICO anymore. ICO has too many disadvantages and risks that investors and developers all know!

[Vishnu.Reang]

I don't have any hope in ICO projects anymore. The hype is over. People are now more interested in IEO projects and DeFi projects than ICO. I also think that not many project choose to do ICO right now since they already know that people don't care about ICO anymore. ICO has too many disadvantages and risks that investors and developers all know!

I have a feeling that the IEOs are also overhyped. Back in 2019, there were a number of IEO projects, which returned good profits to those who invested in them. But soon the ecosystem became nonviable. Big exchanges such as Binance and Huobi started charging millions of USD for a single listing and the medium sized exchanges such as LATOKEN started listing projects without any screening.

[Festac]

Even if Avalanche raised 100 million dollars ICO are still dead to me, Avalanche isn't successful in fund raising because of ICO, the AVA team has big partnerships and are well known blockchain experts too, they will raise money with any ways available

[JHORN]

Is ICO the faulty crowdfunding platform here? I don't think so because project quality is what makes a project a better choice for investors, scammers did all they could but I don't believe it's over for ICO, AVAX proves it already

[DAVID GRACED20]

ICOs are not dead entirely, but most crypto enthusiasts prefer IEO after several scams wayback. At least for IEO you are sure the exchange must have checkmated the legitimacy of the project and verified the team, and you are also sure the coin will be listed on that exchange.

[Kocret02]

many do not know this type of ICO, but in just 4.5 hours have accumulated a lot of money. is this real ico. if true this is definite ico. we can only wait for the development of this token in the market, and if it really has a significant increase in sales, prices and volume. this indicates that ICO will return very good in 2020.

[Gorosden]

ICO is not completely dead, it's only the trust in ICO that's dead, investors find it very hard to trust ICO projects because of too many ICO scam projects that exit scam with investors money in 2017/2018, if a project is good it will definitely attract investors

[mandor]

ICOs are not dead entirely, but most crypto enthusiasts prefer IEO after several scams wayback. At least for IEO you are sure the exchange must have checkmated the legitimacy of the project and verified the team, and you are also sure the coin will be listed on that exchange.

people who say ICO is dead because they have never invested again in ICO and prefer IEO as the right investment. indeed it is not entirely that ICO is dead but many people don't want to invest there anymore. the level of fraud at ICO is very large so that is what makes ICO either die or indeed already dead. however, there are still people who believe that ICOs are still there is legitimate and successful.

[slaman29]

Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.

Damn was it really 300 a week? I know it was a lot but that's like 40 a day, even I don't think it was that much.

But 10 a week is still a heck lot of shit for ICOs that we all know are useless in general.

The only successful ones these days are by big companies that actually DON'T really need a fundraise, as they're well funded in private rounds.

[kaseygriffin]

Even if Avalanche raised 100 million dollars ICO are still dead to me, Avalanche isn't successful in fund raising because of ICO, the AVA team has big partnerships and are well known blockchain experts too, they will raise money with any ways available

That's right, they don't even need to do an ICO. Certainly their project will be successful because this will be one of the big projects in 2020. In fact, the ICO is dead and not too many new projects succeed with it.

[bbc.reporter]

Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.

It might not be similar to the get rich quick gold rush and the scams of 2017, however, the ICO as a democratized form of funding a start up, with bitcoins, will always be an alternative for entreprenuers and developers.

[Kotone]

That's right, they don't even need to do an ICO. Certainly their project will be successful because this will be one of the big projects in 2020. In fact, the ICO is dead and not too many new projects succeed with it.

I think ICO process is gone. But there are projects like avalanche who still keep up on their pace. Im not sure if this project is worth the money but its shocking that they can raise huge amount in spite of the history of ICO scam in the past. Today the one will be worth to invest with are the defi projects. Maybe due to its popularity, but you can noticed how hypocrite some projects are, a well known platforms which will resort to defi just to get in on the hype. See how these people really aiming to go high depends on what is trending.