Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
Gargo
on 26/02/2019, 23:27:42 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 ).


I think that though the very bad period in 2018, ICO will still be a very popular form of fundraising. Certainly a part of the market will be taken over by STO projects, but for sure many developers will choose this way of collect money for realization of their ideas.