Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
jorenpo
on 03/03/2019, 19:46:49 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 ).


Raise money for what? for the project? I guess its a very good way to raise money for the project who want to launch either way they need to have a partners and sponsored to continue the project. If you are an investors then why join ICO if you not trust the project you are investing.