Here's what I really don't like about ICOs and why they're dead to me:
1. "After ICO, the token's rate would be $X.XX per coin/token"
Excuse me? Really? Yeah we know the hype, right? Been there already. Most ICOs don't live up to their promise that their rate in exchanges would be that high amount. For example, there's an ICO whose token is worth $0.01 and claims that when it hits exchanges, they will be worth at least $0.20. But hell no!!! The reality is that when it hits exchanges, the rates are way below the ICO price!
So ICOs, don't make promises you can't keep, especially claiming that the amount will be huge when it hits exchanges coz' it mostly likely not gonna happen. Sad reality. Nothing but hype!
Main reason for the decrease of token price is the dumping of bounty tokens . There is no use in holding or locking the bounty tokens for 6 months or one year. Once the tokens are released, definitely bounty hunters will dump it in any exchange. To avoid that situation, in my opinion , bounty hunters should be paid in eth. By doing this, there wont be any dumping of ico tokens.