Post
Topic
Board Altcoin Discussion
Re: Fundraising ICO wannabe
by
Questat
on 18/06/2020, 23:22:17 UTC
Becareful, new ICO fundraising wannabe will rise from the deep now, I've seen DYCO and BRO so far but can we really trust these new fundraising projects? Don't take risks to find out, in time the truth will be revealed, don't rush in, I lost enough to IMO last year, I don't plan on taking such risk this year again....

If you are a new investor you don't have to invest in these new crowdfunding platforms, just go for those coins that have proven their reliability to make a profit for investors, only whales look for new crowdfunding platforms and invest in new coins.
I think because investing in a new kind of fundraising mode is very risky compared investing in the existing model which has been showing the reliability to be used by investors to generate the profit. Even whales will not interested in a new platform that doesn't give any guarantee like what already offered by the old model.

What do you mean by the old model?

As far as I understand, both IEO and ICO are platforms for crowd sale, and it was ICO which was first introduce and later the IEO came after ICO lost its popularity due to high rate of scam. Please enlighten me.