Post
Topic
Board Altcoin Discussion
Re: There are too many ICO, why?
by
99subsats
on 16/11/2018, 12:35:39 UTC
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.

This happens because we are a totally free market. There is absolute no limits and actual costs to kick an ICO. The main point is to support one which can have the biggest possible impact on the market, either by its growth, either by its mass adoption. I like to see things that way and invest in ICOs which seems to have a global scale perspective. For example, MFX is going to connect thousands of actual merchants with buyers via a variety of cryptocurrencies which customers will love and no fees for merchants, which place it automatically as a useful tool for everyone. Try to search similar projects with long term perspectives.