Post
Topic
Board Altcoin Discussion
Re: Are ICOs really DEAD or simply cleared a path for better projects?
by
Chainsmokers
on 28/12/2019, 07:03:38 UTC
I think that ICO projects are not going to die, but the time for their activities is now very inappropriate. Now there is a general decline in the cryptocurrency market, altcoins have been particularly affected and this has a very negative effect on the emergence of new ICO projects. Also, the problem of a high level of fraud among ICO projects has not yet been resolved. In this regard, investor activity is now extremely low. When these two problems are resolved, ICO projects will again become popular for investment.

ICO projects may never die,,, but they might as well be dead.

Look at all the ICOs that did raise money, you think they got it from individual investors? No, mostly people got it through a few big whales who were promised all kinds of bonuses. Nobody wants to throw away btc or eth anymore these days,,, they are tired of losing to dumpers and hunters and speculators.
now investors must be more selective in investing in new projects, ICO currently has lost a lot of investor confidence. and maybe the ICO could die or change to other investment methods, hoping that if IEO could replace ICO, but I personally prefer ICO, but in terms of security, IEO might be superior, in my opinion.

If we see lately many ICO projects have failed because of not achieving softcap due to lack of investor interest to invest in new projects, this is also due to the number of scammers which then made investors hesitant to invest in the new project and I think this It is normal that many investors begin not interested in putting their money into the new project. For me personally, what investors need is security in their investments so they don't lose the money they have invested.