Post
Topic
Board Trading Discussion
Re: Do you fund ICOs ?
by
bitcoindusts
on 16/08/2019, 21:20:05 UTC
One of my friend, who is a good coder too, just sold his car, when I asked regarding that why he sold the car ? I was thinking maybe he want to invest money in bitcoin, but he said that he is not interested in such things, he need money this time, people who invest money in bitcoins or ICOs always get losses, because building a simple project takes many time and a complex project needs research and a lot of money. He said that he is a good coder and thats why he developed a dapp for someone, he spent around 3000 hours, but after completing her project, her client replied after the ICO that she could not raise funds, and the ICO failed. The money she spent on the project has lost. So why you don't support people when you see a ready project or dapp ?
Your friend must have been devastated with what had happened. He sold his car and spend hundreds of hours for the said project and at the end it failed. He could have offered his skills to other developers who could at least pay him in part in ethereum or in bitcoin. Its sad that ICOs nowadays are very unreliable. No wonder why a lot of ICOs are failing because they are losing investors. People don’t want to trust them anymore.