Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
chip1994
on 25/02/2019, 23:18:57 UTC
Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

They are such idiots scammers, have you seen their contract or address if they have raised that amount? it must be proven because how much fund raised can be manipulated by the team. That should be the main concern. I always choosen the right project just like BTT, Zilliqa, QKC and i never get scammed by the scumbag. Man, you should not trust ico bench.

Agree with you, but I think the year 2019 is not good for ICO project because the trend of investing in the cryptocurrency is no longer exits. Now there are a lot of ICO scam project and I think if the market does not go up, ICO will die in 2019, in my opinion.