Post
Topic
Board Altcoin Discussion
Re: ARE ICOS STILL LEGIT?
by
alan2here
on 28/07/2020, 02:48:49 UTC
We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?

If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
ICO is dead in 2018 and then IEO but now IEO trust is lose almost 90%+ investors are now don’t believe in that's type of policy, at this time trend is DeFi project because investors see the future development...only invest in legit DeFi project for profit.
I think the current Defi projects are no different from ICO projects because it has the same fundraising method and it is also risky if you are not careful when buying.

I only invest in existing Defi coins in this market because it is safer than new projects. Of course, everyone has different interests but one way or another you need to be careful when participating because there will always be potential risks.