Who said that ICOs are dead?

[cheezcarls]

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

Although this content from the OP (maybe he's working with them) is kind of "indirect advertise shilling" due to clickbait, I do agree that ICOs are not dead. Only a handful of ICOs are reliable and successful these days, especially this year. Once the "difference-making" project concept caught the ire of the investors plus "over-delivering" what we usually expect, that would really define as a successful one on a long-term basis. Just my opinion.

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[Gotumoot]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

[stoat]

Yet another "Eth killer" the harder they come the harder they fall, one and all.

[riso2015]

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.

Currently, Many ICO projects are unsuccessful, not achieving targets, I think it's because investors no longer trust ICO projects, So when trust is gone then I think it will make the project die. Now the IEO project is better than the ICO project. Investors are already comfortable with the IEO project. Hopefully what the OP says is the real truth.

[GatotKaca]

The ICO hasn't been said to be completely dead but investor confidence in ICO has greatly diminished if it's like this, of course ICO projects that don't have good it will be difficult to succeed and get large funds

[ethereumhunter]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

It is hard to say that it is a restart of ICO season because we see that the ICO is almost dead and that only a few ICO can still survive. If the ethereum price can surge higher, then maybe the ICO will have a chance to increase because the ICO will depend on the ethereum price as ethereum is the king for the altcoin and token. ICO itself has a competitor, IEO, that can gather more investors to invest in that project, and maybe we will see tough competition from both.

[BayAngelo]

i know that Avalanche is an Old project that has been gradually running underground developments. it came into spot light in 2019 and fix the ICO in 2020. investors and the cryptocommunity already about the project and how massive it is. what they are building and the roadmap so far. these are the reasons why they had a successful ICO which is different from projects that started immediately and rush into ICO with nothing to show.

[shoreno]

i know that Avalanche is an Old project that has been gradually running underground developments. it came into spot light in 2019 and fix the ICO in 2020. investors and the cryptocommunity already about the project and how massive it is. what they are building and the roadmap so far. these are the reasons why they had a successful ICO which is different from projects that started immediately and rush into ICO with nothing to show.

ahh i see , now i know why the coins sold out in under 5 hours but those investors must also be pro and just lurking if what projects are hot and whats not  .

so many people said that ico's are dead and ieo is the new replacement but lets wait whats thier reaction once they witness this thread or the news outside this forum  . i know this will be on news too on many crypto sources  . this must be the beginning for an ico to stand out again and eat that ieo craze  .

[Vaculin]

i know that Avalanche is an Old project that has been gradually running underground developments. it came into spot light in 2019 and fix the ICO in 2020. investors and the cryptocommunity already about the project and how massive it is. what they are building and the roadmap so far. these are the reasons why they had a successful ICO which is different from projects that started immediately and rush into ICO with nothing to show.

ahh i see , now i know why the coins sold out in under 5 hours but those investors must also be pro and just lurking if what projects are hot and whats not  .

so many people said that ico's are dead and ieo is the new replacement but lets wait whats thier reaction once they witness this thread or the news outside this forum  . i know this will be on news too on many crypto sources  . this must be the beginning for an ico to stand out again and eat that ieo craze  .

Stand out? No,  ICO is dead, maybe there are some who succeed but the overall market is not really looking good.
Let's just say 1% chances of success, whose investors would risk on that, eventually ICO will be forgotten in the long run as no investors would put their money on it.

[sayulita]

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.

Not every good project that are hosting ICO are successful, the marketing team is highly responsible for the success of the project along with the Developers. Many bad projects raise good amount of money with a good marketing team but the good projects having a bad or incompetent marketing team can't generate that much support for the project in the market and thus fails to raise good amount of capital for the project. So the team would have been really hardworking for achieving this tremendous success.

[novaprime]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

It is hard to say that it is a restart of ICO season because we see that the ICO is almost dead and that only a few ICO can still survive. If the ethereum price can surge higher, then maybe the ICO will have a chance to increase because the ICO will depend on the ethereum price as ethereum is the king for the altcoin and token. ICO itself has a competitor, IEO, that can gather more investors to invest in that project, and maybe we will see tough competition from both.

I think the current ICO projects are very risky because it seems that investors are no longer interested in investing. However, in recent times a lot of Defi projects are making the investment trend return and if compared, the Defi projects are no different from ICO projects. I believe that if there are many successful Defi projects then the ICO will surely revive again and the ETH price will soon reach a new ATH .

[BigBos]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

It is hard to say that it is a restart of ICO season because we see that the ICO is almost dead and that only a few ICO can still survive. If the ethereum price can surge higher, then maybe the ICO will have a chance to increase because the ICO will depend on the ethereum price as ethereum is the king for the altcoin and token. ICO itself has a competitor, IEO, that can gather more investors to invest in that project, and maybe we will see tough competition from both.

as far as I understand, in 2017, ICO did use ethereum as an option for investment, but now there are already quite a lot of types of potential coins, so if ICO returns, not necessarily the choice of using its investment using ethereum alone, there could be additions such as another popular altcoin. however, it is quite difficult to see ICO again if we know that there is an IEO that has a more complete system.

[posi]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

@OP, no one say ICO is dead and what happen is that investors dont trust most ICO project due to simultaneous scam.

@Gotumoot . Yes it a wow news but I will advice people not to fall for it because what you saw there was a project which sold it pre-sale with Vitalik and Charles Hoskinson of ETH with the inclusion of Alexis Ohanian of Reddit etc. However, this kind of project dont launch bounty campaign and shouldnt be invest base on the teams name or reputation.

[Raflesia]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

@OP, no one say ICO is dead and what happen is that investors dont trust most ICO project due to simultaneous scam.

@Gotumoot . Yes it a wow news but I will advice people not to fall for it because what you saw there was a project which sold it pre-sale with Vitalik and Charles Hoskinson of ETH with the inclusion of Alexis Ohanian of Reddit etc. However, this kind of project dont launch bounty campaign and shouldnt be invest base on the teams name or reputation.

Still may not be interested in ICO anymore, even though the marketing is good, I am not so sure anymore, including other investors, I have forgotten ICO and want new sales like IEO in the future that will be able to increase the project in making sales.
I will not discuss ICO 2017 because I already felt the benefits at that time so think ahead not to be fooled by promising offers.

[suzanne5223]

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.

The project was able to raised $42 Millions in few hours because it consist of strong team in crypto related project but i think people still to be sure if these people endorse the project. However, just because AVAX was able to raised ridiculous amount in 4hours doesnt mean pump market have already return cause what I'm seeing is people dont want to miss the opportunity some missed during the time ETH ws launched which Vitalik Buterin was among AVAX team.

Some of the funds also came from Ethereum’s Genesis address.[/i]

Thats because people like Vitalik also choose to invest in the public sale but i think bounty have the chance of getting free token cause they seems to have airdrop coming up next year.

[posi]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

@OP, no one say ICO is dead and what happen is that investors dont trust most ICO project due to simultaneous scam.

@Gotumoot . Yes it a wow news but I will advice people not to fall for it because what you saw there was a project which sold it pre-sale with Vitalik and Charles Hoskinson of ETH with the inclusion of Alexis Ohanian of Reddit etc. However, this kind of project dont launch bounty campaign and shouldnt be invest base on the teams name or reputation.

Still may not be interested in ICO anymore, even though the marketing is good, I am not so sure anymore, including other investors, I have forgotten ICO and want new sales like IEO in the future that will be able to increase the project in making sales.
I will not discuss ICO 2017 because I already felt the benefits at that time so think ahead not to be fooled by promising offers.

In my opinion, it still fair to be interested in ICO ones just need to be sure if the project genuine and future prosperity level not to invest out of promising offers and influential teams which is what i saw in this project with the ever fast transaction confirmation span and Defi which will be implemented theres nothing wow about the project

[Moeda]

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.[/i]

They can collect that much money in a short time due to investor confidence in the developer of the coin. The developer of this coin is an influential person and is known throughout the world, so anything he promotes will sell quickly. Moreover, he is a computer expert, of course he is very well versed in marketing. He will know the right time to promote something. Apart from that, users of course believe that projects developed by computer experts will succeed.

[memed97]

They can collect that much money in a short time due to investor confidence in the developer of the coin. The developer of this coin is an influential person and is known throughout the world, so anything he promotes will sell quickly. Moreover, he is a computer expert, of course he is very well versed in marketing. He will know the right time to promote something. Apart from that, users of course believe that projects developed by computer experts will succeed.

Yes, that's right, everyone who has influence in the public will always have a quick response from the community, so what he promotes will always sell quickly because many people already believe in the products he sells, and when talking about problems he is an expert I think the computer influence is only a little, because many computer experts are also unable to read the direction of the market at this time.

[bbc.reporter]

Still may not be interested in ICO anymore, even though the marketing is good, I am not so sure anymore, including other investors, I have forgotten ICO and want new sales like IEO in the future that will be able to increase the project in making sales.
I will not discuss ICO 2017 because I already felt the benefits at that time so think ahead not to be fooled by promising offers.

In my opinion, it still fair to be interested in ICO ones just need to be sure if the project genuine and future prosperity level not to invest out of promising offers and influential teams which is what i saw in this project with the ever fast transaction confirmation span and Defi which will be implemented theres nothing wow about the project

I think this is just a rare case for ICO to be a success, mainly because of the project itself (influential teams) and nothing else on the table.

Agreed! Also, there have been many projects from 2015 to 2017 that had influential teams that have also not seen success on their own projects.

Also, I reckon that ICOs are a good democratized way to collect funding from the public without middlemen. It encourages resourceful developers to innovate more. However, be careful of the scams hehehehe.

[Itsmylife]

Wow this is a great news seems like there is still hope for the ICO's and other crowdfunding projects.
This gives hope not just for the bounty but also for the investors as well would this be the restart of ICO season?

I don't think this will be the restart of the ICO season, have too many scammers on the internet and in cryptocurrencies world, hey've taken away investor confidence so only high quality ICO projects can success and this rate is not high to attract investor as IEO projects.