Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
I cannot find the threads but I remember when I first came to this forum, a lot of talks was going on about the death of ICOs from 2016 and the death of alts related to them. But here we are now about to close the year and we are nowhere near the death of anything.
We have in the top 100 coins more than half born from ICO projects, including ETH of course. But yes, we are expecting incredible amounts of prototypes and finished products by 2018, with even more scheduled for 2019. Billions of ICO funding already raised, so expectations are very high. We can expect a lot of promises to be broken. Then a lot of investors will be burnt MORE than they already are this year.
Will people learn? HYIPs say "there are new idiots born every minute".