Post
Topic
Board Altcoin Discussion
Re: Reasons why ICOs fail
by
z21770179
on 05/06/2019, 16:11:29 UTC
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.

Well, you are right that ICO are too complicated and I agree with that but you should also consider that being complicated has it's own uniqueness and has a good outcome when it comes to investments.

I do not understand where originality is and how it can make good investment results. I just see the current ICOs no longer bring much attraction to participants