Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
Bunsomjelican
on 20/03/2019, 08:52:45 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 ).


Well I guess, ICO is one of the major things reason for us get profit. Especially it is very effective way to raise money to those who don't have any capital if the ico have a bounty campaign for their project as well. And I knew lot of investors believe in the ico though their there are some projects on which are really scam, just all we have to do is be very careful in choosing among of them.