Post
Topic
Board Altcoin Discussion
Re: Will ICO die in 2018?
by
Bonsaiav
on 04/01/2018, 18:38:59 UTC
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.


I think, 2018 will be “the year of the ICO craze” and will be the year that the word ICO SCAM ends in our professional lives.

I hope the ICO craze will end soon.

I don't think cryptos should be mixed with startups/kickstarters. Cryptos should be trustless, transparent and decentralized, ICOs are none of those things so using a blockchain platform doesn't really offer any benefits to them, in fact just giving a bad name to cryptos.

But a lot of crypto-newbies gamble with them thinking they know what they're doing and that crypto is all about pumping and dumping random "projects". These people ignore, or not even aware what crypto stands for and just giving a bad name to it. And they will eventually get burned and hate cryptos altogether. Profits aren't made from nothing, it comes from other people's losses.

I agree entirely with your opinions and it seems that you also recognize the problems regarding the quality of the ICO.

there will be a definite crackdowns on scammers and fake ICOs.

I hope so, that was really disadvantageous, disheartening and frustrating especially Investors (both big and small).

I think ICO in 2018 will be slightly different, maybe some rules are getting tougher. and the quality of ICO must be profitable for all parties. so, the point is that ICO 2018 will get better.

I hope so and if it is done well, i'm very optimistic that ICO have a future and trust ICO will have a full recovery.