Quote from: pastan on September 13, 2018, 06:42:25 PM

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 ...

you are absolutely right, now everyone has begun to understand, that there are too many scam projects among ICO, therefore, many investors have stopped investing in ICO, and this had a very bad impact on the cryptocurrency market

It hasn't had any impact on the cryptocurrency markets overall, if anything it reinforces the positions of the "good" coins from "bad" coins. Shitcoin launches should be neglected and not traded, enforcing the ideas that indviduals can create any coin to complement any industry, at any time, without repercussions for their investors.