Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO][IC] INGOT COIN - BRIDGING MARKETS – AN ALL INCLUSIVE ECOSYSTEM
by
cleygaux
on 15/02/2019, 13:38:52 UTC
There are a lot of projects which don't hurry to pay bounty rewards. Maybe the reason is market situation. But I don't think that is the main reason.
It's not just the market situation. Projects do not disclose their wallets and the reliability of the funds raised is not checked. As a result, many projects will be scams. They need to sell their tokens themselves on exchanges. Extra sellers on the market they do not need
Yes, most of recent ICO/crypto projects dont want to provide an address where we will be able to verify the amount of funds that theyve raised on their token sales.
And also because of that , there are many scam projects that want to scam people by putting a fake progress bar.
Most of the recent ICO does not want to provide an address mainly to do scam. If they  get 1000$ but as they do not provide address they can claim that they raised 10000000$ and then they list their crypto on exchange and then sell their coin. Also they can take as many dollar as possible. If people see  no sell or small amount of sell then they investors will not invest on that but if they see lots of amount then they can be interested. In this way they can scam.
Good point does this mean most of the ICO which price right now is -99% is dumping their own tokens selling it for a very cheap prices to avoid bankruptcy? Maybe this is true I can see so many ico right now after telling us they raised millions of dollars and after listing, price is so bad I cant even imagine who are this idiots who buys at $1/xx token and sell for $0.0005 or ,maybe this are the ICO team themselves dumping.