I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
It will confuse investors and bounty hunters on what ICO will succeed or not, two years ago the majority of ICO are guaranteed of success but now we hardly can figure up if the ICO will succeed or not because even if the project looks good, it will not guaranty it will reach the soft cap.
Yes, many companies launching the ICO with no further development of the project and this makes the investors lose their value in the market. Some project are not reaching hard cap due to fake promises by the owners and this makes them lose their value and it is affecting on their project.