Post
Topic
Board Archival
Re: is EVERY ico a scam??
by
Bharathi13
on 06/09/2018, 14:23:09 UTC
Not every new ICO that pops up means a scam. Each ICO has a different idea, method, and team. So they also have different levels of ability and skills in running the ICO. Every ICO has the opportunity and hopes to succeed as long as they can carry out their mission in accordance with the flow and honesty. With the innovative ideas they provide and their discipline at work, I am sure there will be many investors who support the ICO so that the ICO can be successful and have a bright future.
I agree with you, but due to the recent scam ICOs the legit ICOs are suffering now & will suffer in future too. Most of the investors have mindset now a days to take out their seeded money invested in ICO as soon as the token launches on the exchanges & due to that the price of the token drops drastically on the exchanges. Because of drop in value of token on the exchange some investors get panic and starts to attack on the ICO teams & due to this ICOs fail because of lack of support from the community & turned out to be scam.