Post
Topic
Board Altcoin Discussion
Re: There are too many ICO, why?
by
Alpha0One1
on 04/12/2018, 05:23:10 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 is a free and unregulated enterprise and will not stop project teams trying to get funding for their projects.
You are correct, the multiple ICO's are diluting the resource pool, which is the ICO participants.