Post
Topic
Board Altcoin Discussion
Re: Why ICO isn't recommended earning site ?
by
GreatOrchid
on 29/03/2019, 10:04:50 UTC
Not useful topic at all. ICO's isn't belongs to earning site, ICO's is a project that are raising fund from people's. And for people's ICO's is a investment project. You will not able to earn from ICO's directly. You will won tokens and you are the owner of that. You will only be able to trade it on digital exchange (if listed on exchange). So we really can't called it earning site.

My suggestion, better to stay away from ICO's now. Most of them are scam.
Very well said. ICO is definitely not an earning site. ICO is meant for us people for them to release a new crypto currency or their token in exchange for other crypto currency of fiat. And more than that, ICO is not recommended as an earning site because it is only used by start-ups to bypass the rigorous and regulated capital-raising process required by the venture capitalists or banks. And just like what you have said buddy, nowadays most ICO are turning to be scam. I am not saying that people should avoid them but what they should do is be more aware and be careful in joining and participating in the different ICO here in your crypto community.