Quote from: Cryptoman69 on March 29, 2018, 09:05:03 AM

Quote from: Revi250cc on March 29, 2018, 08:15:06 AM

Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272

I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share

Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. On the basis of the above classification, they wrote, we found that approximately 81% of ICOs were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.

"Scams were defined by researchers as Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.

DYOR people ...

Its depend to us if we believe that 80% of the ICO from now is totally scam. We are in a possesion of the problem especially in choosing ICO. And sometimes we also have a problem so we think they have the less. There are so many project that are being potentially to be a good project soon. But we are just supposed to have a trust to whom we trust.

I fully agree that there are a lot of good projects with a great future, just how to distinguish them from scammers? You study the project, the idea is not bad, the plans are also chic, the platform is good. As soon as time comes for rewarding, and in response, silence. And then disappear, like as if there was no company.