Post
Topic
Board Trading Discussion
Re: The Fate of ICOs.
by
StarofBTC
on 30/12/2018, 14:15:46 UTC
As you all know that 90% of ICOs this year was a totally loss. most of all the tokens that hit the market are trading below price. some of catastrophic. some are trading below 90% to 95% of their list price. Majority of ICOs this days have has decided to run token sales on Exchanges. as the year comes to an End, Could there be another means of raising fund for tokens come 2019.?
But, what actually happened to the ICO industry is not just due to bitcoin price fall down. But, ICOs are suffering severely due to its own scammers. Yes, due to the unregulated environment, many scammy people have started to misuse the platform in the name of ICOs to steal innocent people's money. I don't think in 2019 this ICO industry will be surviving or may not, by considering how depth it has fallen down on its own reasons.

We must need some regulations for these ICOs. That regulations could be possible in decentralized manner like from this community itself we can regulate them so that it will not suffer any more. I have seen many people have started discussions on this but none of them found reasonable to this community. It seems people are not interested to regulate the ICO industry and this must be the core reason why it is into its current state.

Personally I have stopped contributing into ICOs and honestly I'm not having any idea to resume it. I will be watching how some ICOs will be performing and based on that I will decide further.