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!
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!
I have been a bounty hunter for almost 2 years. What you said above is absolutely right. I participated in a 5-month project and had to wait another 3 months for calculating and distributing rewards. But in the end they still lacked payment. Its value is thousands of times lower than the price of ICOs. (From $ 1 to $ 0.00x). I wasted 8 months to receive nothing.
