Post
Topic
Board Altcoin Discussion
Re: ICOs are too expensive
by
Tooevilforyou
on 29/08/2018, 19:01:42 UTC
Here is something I have observed as regard ICOs raising funds and why many are trading at below ICO price soon after listing on exchanges. The reason could well be the fact that project teams are making ICO tokens too expensive, almost at same level with what we had at the bullish market.Meanwhile,the market is now 25% of its usually market.
Project teams implement better funds management strategies, avoid wastages and unnecessary  expense and thus have a cheaper ICO, I personally believe that they can reduce their expense by at least 50 percent and thus ask for less, cheaper tokens as such, that way, investors will be better make returns on their investments.

They are which is why you see that the money that they are going for are always very high. Once they have better strategies like you said then they would not be using os much but then again, it could be intentional that they are doing that just so that they can have an excuse to try to raise higher amounts of money