Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
Sacramentus
on 20/03/2019, 07:46:06 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 ).

Maybe they didn't have enough resources to move on with the project as stated by them. The most important thing is, will they actually give investors their money?  If they do fine and that's not scam. There are projects that's exited without refunding the investor's