- 90% ICOs are a scam.
- 90% of people lost their investments on 90% due to the downtrend 2018
So how do you think will the ICOs trend started in 2016 continue in 2019?
i don't think this will stop due to those scam projects. It seems that this will increase in the coming years due to more projects will be launch thru ICO. I'm hoping that every investors will do his diligent research about those projects before putting their money to them. We need regulations for this ICOs to minimize fake projects.
I also think the ICO will survive until the cryptocurrency market is alive and well. For me, ICO is a very good form of capital mobilization that investors can use to increase profits and long-term companionship with the project they have pursued.
If the investor found a legit ICO, but if not they will lose a lot of money when they choose a scam ICO.
I guess an ICO isn't just for investor to gain a lot of money, but the developer ICO also will get reward when many investor choose their project. An ICO who have a lot of capital then the developer won't choose ICO to fulfilled capital their project.
They are will get win-win solutions on this project, honestly, many poeple who just wants to take benefit themselves by making an ICO scam.