Post
Topic
Board Altcoin Discussion
Re: ICO IS ALIVE AND KICKING
by
laurencef34
on 07/03/2019, 05:37:18 UTC
I have taken part in many failed ICOs and few successful ones. After a series of failed ICOs owing to scam cases and insincere teams leading to heavy dump after listing and in turn blaming the bearish market, I have sometimes share in the sentiment of many projects who blame the bad market for their coin heavy dump, but two case study has shown that with a good team and the right strategy, their coin needs not dump to "hell-fire" as we are currently experiencing thereby discouraging investors.

Binance exchange have conducted two successful ICO/IEO on their launchpad, with both doing very well above the inertial offering. The first one is said to have lasted about 16mins and all sales was sold out. while the second one which I participated in only lasted just 22secs and individual  cap was $3,000. Both are currently doing very well above the ICO prices. With the success of these two launched so far. more and more people are interested in participating in such project as it has some level of trust and integrity, and not when team after conducting ICOs, will not even pay bounty hunters, but keep posting them, but when they finally pay and get listed, the price will just be a shit.

Anyone team still willing to conduct ICO should come up with a mechanism to defend their projects from gravitation free falls, so as investors don't loss hope in their project and later blame the hailing market. Hard times call for a new set of thinking for a change.
ICOs are riddled with various pump and dump schemes. Good thing also that I'm currently monitoring my live trading sessions. With the entry of new ICOs almost every day, the trust is lost completely. There is a new ICO that is secure like Fort Knox. It is Bitstraq’s BAQ tokens. Bitstraq is an unique exchange that uses AI and Blockchain protocol for security. It also has aims to evolve into a Security Token Exchange with all the regulations of the STO. With AI, Bitstraq secures the exchange under lock and key. Any signs of threat, Bitstraq retaliates the attacks and stores the behaviour of the attack in a threat reputation database. The Bitstraq’s order matching engine will match orders between buyers and sellers in a secure environment. It allows for millions of transactions per second with low latency and zero- trade leakage. Just my two cents on this. Best of luck!