Post
Topic
Board Trading Discussion
Re: Do you fund ICOs ?
by
Julien_Olynpic
on 27/08/2019, 02:49:49 UTC
Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc.  Grin But yeah, it's not the right time. Any more.

I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency.
The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better.
To retain its market value for token is a very challenging artworks for developers and marketing in charge of a certain project. Could be that 90% lost for the selling price is really that bad and to look dead anymore. There is something we have to work for and funding for ICO is not the risk but a very very risky thing to do. If we want to lose money, then this is the way we should have to do.. Grin
Maintaining the market value of the token is really a difficult task. Therefore, I do not participate in the ICO. But sometimes it happens that the price of the token drops although the team has a work product and good marketing and is working hard on the project. In such cases, you can buy a token at the bottom. Sometimes tokens will grow in the future. But the bear market is really bothering them of course.