Post
Topic
Board Altcoin Discussion
Re: Are ICOs really DEAD or simply cleared a path for better projects?
by
agentx44
on 07/11/2019, 16:24:01 UTC
Even after the onset of the bear market in January 2018, ICOs were still happening at a rate
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.



ICO PROCEEDS DROP TO $338M..

According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/

But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?
We barely see ICO nowadays and for me, we should take the blame to all the scammers. Investors started losing hope when scams started to dessiminate everywhere and we cannot really be certain that there's still a possibility that the trust will come back again for the ICOs. Many people switched to IEO recently and one of the main reason was because of the faster achievement of the softcap compared to ICO. We cannot force them to be patient always, maybe they have exceeded the limit of patient they have that's why they stopped patronizing ICOs.