Post
Topic
Board Altcoin Discussion
Re: Reasons why ICOs fail
by
makishart
on 26/09/2018, 13:56:02 UTC
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.

Ico fail due to lack of investors, if the developers cannot create a good platform and good marketing strategy then there is no way for them to get more investors for their own ico.
Now the complexity of attracting investors is growing exponentially. Many companies stop doing ICO because of the low level of training of employees.
As you can see a lot of major platforms have started from ico but it looks so difficult to discover the good ico which has been hiring or having a very good employees. Remember ethereum, NEO, EOS and many more have started from the public crowdsale too.