Post
Topic
Board Speculation (Altcoins)
Re: why each and every ico is failing.???
by
NarimCrypto
on 22/11/2018, 20:53:30 UTC
Well from what i have observed in one of the worst ICO's to date.. khmmm BEE im looking at you....  



- Someone hacked their KYC database and consequently stole a bit more then 1M from their ICO investors. ( community's trust  was broken from the get go)

-They listed on only 1 exchange (CobinHood) cose of USA regulations. Total daily volume is around 100€

-*Rumor* They HODLT most of their ETH from the ICO trough the bear market - REKT

- The team was good at hyping fundraising for the ICO but had no idea how to scale its user base once they  went in Alpha

- Their CEO is a man child

And all that contributed to a nice fall from 0.25$ to 0.007$



GG