Post
Topic
Board Altcoin Discussion
Re: Do you think ICO is a good way to raise money?
by
Bezobraznike
on 20/03/2019, 09:00:53 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.

   For us to get profit? And how you get the profit? I think you missed a point here, earning your paycheck in tokens for some tasks and ICO`s raising money
for their company is two different things. Nobody force you to sell your earned tokens right away and take some cash, but some of us hold chosen tokens
for the future. I think ICO is just like start-up company, they are small, trying to get money for development if they succeed they can become huge and
make some huge company.