What's the point of doing research on an absolute part of crypto? ICO was successful when there were fewer scam projects back then; it's the fastest and easiest way to raise funds for new crypto projects, but not until scammers see it as a means to extract easily from genuine investors.
Right now, any project that offers to raise funds through an ICO will barely hit its soft cap. Talk more about approaching their hard cap. If there should be something worth learning, it should be how to detect scam projects running IDO, Launchpad, and any means of fund raising that they are using to extract funds from investors.
On the other hand, any information that could be shared in public that people are asked to join a private group that will take them away from public space is not to be trusted, in my opinion. There could be more to that, and other hidden agendas could also be the reason.
Thank you for raising these important points. Let's address each of them:
Research on ICOs and Scams: You're right that the ICO landscape has changed significantly, and scams have become a major issue. However, this doesn't mean that all research on ICOs is obsolete. Understanding the history, mechanics, and evolution of ICOs can provide valuable insights into how to spot legitimate opportunities and avoid scams. Knowledge of past successes and failures helps in identifying red flags and making more informed investment decisions.
Current Fundraising Methods: It's true that raising funds through an ICO has become more challenging. That's why many projects are turning to Initial DEX Offerings (IDOs) and Launchpads. Researching these newer methods is crucial for staying up-to-date with the evolving crypto landscape. Learning how to detect scams in these areas is indeed valuable. Look for factors such as the credibility of the team, transparency, project whitepapers, community feedback, and third-party audits.
Trust and Transparency: Your point about being cautious of private groups is valid. Transparency is key in the crypto space. If a project insists on moving discussions away from public forums, it's a potential red flag. Genuine projects typically maintain open and transparent communication channels to build trust with their community.
In conclusion, while the landscape has evolved, staying informed and vigilant is more important than ever. Research should focus on both historical and current fundraising methods, with a strong emphasis on scam detection and transparency.
Thank you for bringing these critical aspects to light!
