Who said that ICOs are dead?

[chanc3r]

That's impressive but I believe that this project became successful because of the team popularity, they've been in the blockchain business from scratch, if any project try to use ICO to raise fund just because AVA raised 42million

Perhaps this is the only ICO this year that can raise $ 42 million. Also I don't see any other projects that can do so, others can raise $ 1-2 million but they quickly turned into scams and disappeared from this market.

It's matter of developers. A good developer will usually get their projects to success since they are already well known among most of people. Unpopular developers need to make their way up by themselves and also trying to fight the stigma about all these scams. Maybe I agree project that could raise so much money are rare.

[1714257541]

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[kaseygriffin]

That's impressive but I believe that this project became successful because of the team popularity, they've been in the blockchain business from scratch, if any project try to use ICO to raise fund just because AVA raised 42million

Perhaps this is the only ICO this year that can raise $ 42 million. Also I don't see any other projects that can do so, others can raise $ 1-2 million but they quickly turned into scams and disappeared from this market.

It's matter of developers. A good developer will usually get their projects to success since they are already well known among most of people. Unpopular developers need to make their way up by themselves and also trying to fight the stigma about all these scams. Maybe I agree project that could raise so much money are rare.

But the reality is that we have so many scammer in this market and they are constantly creating fake projects to deceive investors. And of course good developers will be well known in this market and be interested and invested by many if they create a new project.

[Kong Hey Pakboy]

ICO projects are not entirely dead or gone because they are still ICO projects that are existing and continue to develop and improve their token to make it more promising to their investors. But new ICO projects are not worth it to invest your money with because they are mostly unsuccessful, that is why bounty hunters and investors are now into IEO projects.

[fuer44]

actually there are still projects that can penetrate until distribution and listing to the market exchange, to sales. but not all of them, meaning only a few. in this case, of course there are still many ico that are not good at managing projects. but there is still plenty of time to fix everything.

[ufaiz50]

"In 2019 ICOs are dead" not exactly dead but they are just hard to get investors because of some problems that arise that cause ICOs reputation to decline. We also haven't seen ICOs that can make the market explode anymore, we don't know yet whether AVAX will provide a good picture for the future of ICOs again. This will be good if not only one ICO gets a large investor, we need another ICOs to make the ICO trend back to what it was in 2017.

[Squezzi55]

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

Investors don't trust ICO anymore that's why we considered them dead, I believe this project (AVA) can become successful using any available crowdfunding platform because it's a bigger project in crypto space due to the team been blockchain professionals

[Squezzi55]

Project like Avalanche don't happen every time in crypto space so to me ICO still don't have a place in my heart, this Avalanche success doesn't have anything to change inside me about ICO, it's a genuine project, many ICO projects are not.

[Thomas-s]

I was really very surprised that ICOs were able to raise so much money. this is a huge amount that now seems very large and unrealistic. We all need to follow the development of this project and buy coins when we will see good entry point

[mersal]

$42 million that huge amount, I thought the era of ICO was over but still people are interested on investing the good projects.

Maybe good potential ICOs will be getting launched after this because since 2019 many project was on hold for the right bullish market, since good news related to vaccines are coming the crypto market also starts to boost up.

[coinporch]

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

wow, this is amazing and unbelieveable
because this project collected about $42 million under 4.5 hours
i hope the glory of ICO will come back

[Bonwin]

I am kind of surprise that ICO is still accumulating huge fund despite all that was done in 2017. Although I have always known that in the crypto space, anything is possible and this is one of the impossibilities that has now become possible. If this project is what is expected to form the ETH update, then it is on the right track.
Not every ICO project will be able to raise very high fund. Trying that might be a waste of time for so many of them, except they source of the right and ready investors.

[ethereumhunter]

actually there are still projects that can penetrate until distribution and listing to the market exchange, to sales. but not all of them, meaning only a few. in this case, of course there are still many ico that are not good at managing projects. but there is still plenty of time to fix everything.

After the project lists their token in the market, usually, the price will get dump so hard, and that will make the project hard to increase high. Only a few of the projects can survive from the dump and still have a good price, and they can pass the test from the traders. Maybe after the bullish trend comes, the ICO will have a chance to continue every phase until the project can reach its goals. Or maybe the ICO will replace by another thing, and that is not IEO.

[Dollar_Hunter]

people say that ICO is dead because ICO is a lot of scammers, it is very reasonable, because investors now only choose ICO which is good, we know ICO Defi is currently trending, so it's not wrong to reenter

[hrunya102]

The market is waking up, I wish us all to earn, so as not to starve during the next crypto winter. Avalanche, by the way, had a lot of problems at the sale stage, and even this did not prevent them.

[bison]

Since 2018 to 2020 still now very bad for ICO and death lots of. Otherwise i think a number of scam schemes are solely responsible for the ICO’s bad times. But the range will remain and the ICO future will survive for better projects.

those who have good products will still be there. but those who really can't develop projects will die. whether it's from IEO or ICO. At present, the development capabilities in the market are very meaningful. those who get a market response that will stay alive.

[amos77978]

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

I've heard of this project.. sadly they dont have a ongoing bounty campaign here on bitcointalk I can participate in.. I wonder how they managed to pull out this large amount of money

[amos77978]

I didnt really take my time to look into this project.. maybe I'll take another look.. if it's worth investing in.. then maybe I'll just buy into the fomo

[Dondeon]

It is great to see a successful ICO after such a long time. Personally I love ICO but it is a pity that scammers tokk over it. I feel everyone should have learn there lesson by now, ICO should be able to come back very strong now than ever. The IEO thing, I don't really like it that much, I feel the exchanges are just feeding fat.

[JCviggen]

people say that ICO is dead because ICO is a lot of scammers, it is very reasonable, because investors now only choose ICO which is good, we know ICO Defi is currently trending, so it's not wrong to reenter

now people are not saying that ICO is dead. they said it during 2018 - 2019. And it was true. for two years ICOs were either scammers or only brought losses to their investors

[Lordhermes]

I doubt if a project could still raised such amount 42 Million Dollars in 4.5 hours, if this is true, then congratulations to Avalanche teams. Hehehe
ICO stopped being used after many scammers flooded in to luring people money, and lately, 95% of projects conducting ICO had issue in raising funds. Avalanche could be a lucky token that have strong connected teams behind it.