Who said that ICOs are dead?

[totoy4741]

ICO is not completely over there are some projects that still hold ICO but the outcome would probably not as good as it was during the big runs in 2017. Maybe investors have seen something in the projects the made them risk their money on it and hopefully the projects won't let them down.

[1714288269]

1714288269

[TopT3ns]

ICO is not completely over there are some projects that still hold ICO but the outcome would probably not as good as it was during the big runs in 2017. Maybe investors have seen something in the projects the made them risk their money on it and hopefully the projects won't let them down.

well, I totally agree with what you say because so far when the virus is spreading quickly many people are unemployed at home because they are stopped from work so I think you ICO many are stopping because the corona virus is getting more virulent thus causing fundraising activities to be paused.

[thesmallgod]

It is very likely that any project that intend to conduct and choose ICO over other most likely have a known group of investors and some others that must have verified the authenticity of the project and know one or two team member of the project. You hardly see such project spending money to promote the project by having bounty campaign and might be backed up by influential people

[MonsterV]

its depend on project bro, Avalanche project is very well known project that support by Maker Dao that having very much investor with them, compare new fresh pure new project that haven't doing partnership with famous company is very hard to raise their targeted fund even they already show everything about thier project concept and team,
most of people said that ICO project dead are because a project failed to raised the fund to continue their project development and end up suspend the project.

[Tahsin Kabir Kollol]

If your project is based on realistic and good quality future plans and is truly promising, ICO or IEO does not play a role in its success. However, due to the fact that many bogus projects raise capital from the market through ICOs, most investors now have relatively little faith in ICOs. However, if the project is really good, investors are interested in investing in it by any means.

[swordking]

This really cool because less than five hours they had collected such a huge amount and that's the great thing about it. Avalanche set a great example to other projects that if you have real potential and quality product then you will get succeeded in every way.

[Balladtony77]

Avalanche success means that ICO is back? Stop been childish OP, ICO is dead, the strong foundation of Avalanche is why people invest on the project, it's really impressive they raise that huge amount of money, good projects can use any crowdfunding and it will raise money successfully

[el kaka22]

Nobody said anything like that at all. ICO's are still well and alive, there is not as much money going into it as it used to but that doesn't mean it's gone totally. There is still millions of dollars go into projects every single month, we are talking about millions of dollars here, that kind of money going into one altcoin could change it from 78th place to 21th place very quickly and if you do it for like 1 year you can put it into top 10. So, all the ICO funding going into one coin could make it from unknown small thing to top 10 giant, we are talking a lot of money here. The difference is, back in the day the amount was over 1 billion dollars for a while, not for a long period but it was there, which is why people say it is not doing as well as it used to.

[gikere]

Is this what you're talking about not dead? Cause I feel it as the same thing as back then. Unknown, unheard project boasts about they raised huge amounts of investment and people would FOMO without any research. Look as how many posters in this thread and you will see.

[Olatunjex]

Wow... I have never heard about this project.

 As per whether ICOs are dead or not, ICOs are  never dead just that IEOs are mostly used for projects these days due to its preference by many investors

[Shallow]

Woooow, this is massive. Never heard anything about the public token sale and to be frank this is just the first time in a long time I have heard about any ICO let alone one which can achieve such amount of money within a very short time. Also, I saw that some of the funds where sent from the Ethereum Genesis address, therefore I see it that big players or investors in the crypto space were really interested in that project. In the same way, just like you pointed out, this could mark the beginning of another bullrun and also the beginning of another ICO era because this is huge enough to generate massive ICO hype. Lastly, I think there is more to see this year, it has been Defi projects and now ICO, who knows what will be next.

[Slingshot]

This is really a great move but I must correct something, nobody said ICO is dead all matters is transparency and publicity. Once investors sees your genuineness and feels it's great to invest they will definitely invest. There are still projects making it through ICO but it's very few. Hopefully this will bring back ICO

[Ezravdb]

Well This is a surprise After BTC halving there was a great success ico sale, I myself have also just heard of the Avalanche Blockchain project from this thread, a little regret for not having the opportunity to buy at Ico sales.  I think AVAX will give a high ROI to investors ico.  I think this thread should have some important links like Twitter and website links because there is a lot of interest in knowing more about the Avalanche Blockchain project.

[bbc.reporter]

Very punctual ICO. I don't know and never heard of this project, but it for some reason called investors attention.

Here is their official thread posted by Hhampuz https://bitcointalk.org/index.php?topic=5245143.0

Its really call out the attention of users. Even me, I joined their token sale and luckily I had few investment.

This project might become the real Eth2.0 hehehe.

Could be. Vitalik even mentioned on his tweet, that avax is equal on legality of bitcoin. Even the mainnet not release yet. There are IOU trading on AVAX futures already on two exchanges.

https://www.coingecko.com/en/coins/avalanche-iou#markets

It was a joke hehehe. It does not directly imply that Ava is Eth 2.0 similar to Grin is Bitcoin 2.0 only because of donations from coinbase transactions from early miners hehe.

Also, how can it be equal in legality of bitcoin if it is an ICO?

[Cheesus]

But that doesn’t proof ICOs are not dead. If Bill Gates or Warren buffet ask funds for their coins through public sale/ICO, what will we do? Almost from every country, people will jump to buy in a hurry! That's the only fact here. Avalanche itself a great platform from long before, so people don't have any trust issue on the AVAX coin, so they bought it! Blockchain community still supports the high quality ICO; only the scam and average ICOs were dead badly!   

[_IRMAN]

ICO is not dead, but fake projects that want to hold an ICO and don't get funding are the ones who say ICO is dead, because scammers are getting harder and harder to get money.
If the project is good, whatever fundraising method is sure to be successful.

[WSDN]

This is really a great move but I must correct something, nobody said ICO is dead all matters is transparency and publicity. Once investors sees your genuineness and feels it's great to invest they will definitely invest. There are still projects making it through ICO but it's very few. Hopefully this will bring back ICO

There are very few successful ICO projects during this time and will often be ignored by investors if using this method. However, if you add Defi to the project, it will certainly be different because this is the best investment trend this year and there have been a lot of very high coins. You should also be careful because there will certainly be a lot of scam projects and will still lose money if not studied carefully.

[qory]

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 think an ICO is not dead but almost all ICO investor have pass away because waiting when their invest coin raise to higher price, many possibility with ICO, some time run out our prediction because have lower price, but when left some ICO investment could get to higher price and keep going down.

[inanilujimi]

is this number really relevant?
if true, can raise substantial funds at a time when people are more concerned with health, rather than investing in ICOs who have a high risk of loss, this is beyond my expectations personally, hopefully there isn't anything that is exaggerated.

[pilosopotasyo]

Still dead to me, but for every rules there are exceptions and that one is an exception, I will still not gamble on ICO if I am a developer and if I am an investors I will do diligent research with doubts in my mind because ICO is messed up and I don't trust projects on ICO.