Post
Topic
Board Altcoin Discussion
Re: The return of ICOs
by
Justin999
on 07/08/2020, 12:56:55 UTC
Guys, do you think that ICOs could make a come back? I do and here is why. Every year dozens of companies raise money in Silicon Valley for startups, many pre revenue. Also, with the economy injured from nCov19, it would make sense to allow for new economies. This would include letting new startups in Blockchain raise money, and imo if they are well vetted, and trusted by the community, they should be allowed to raise money. What do you think?

It is difficult for a new project to do an ICO and get sales results like in 2017. I think the ICO has begun to fade and began to be replaced with IEO. New exchangers are constantly popping up and also doing IEO on projects and in my opinion the ICO trend has begun to sink
new exchanges that do IEO will not get investors. if there is a project like that then ignore it. New projects must focus on developing first with the launch of a prototype platform. if the market already knows if the project is going well, of course waiting for investors to come to provide development funds will be easy.
Agree with you, investors are only interested in reputable and liquid exchanges. If IEO were to perform on small and new exchanges, I believe they would fail like ICOs
It has happened a lot in many IEOs, sales do not reach the target because the IEO is held in small exchangers. Binance or other large exchangers are still a favorite for investors and not all new projects are able to do IEO in the exchangers. I think it is natural that large exchangers carry out strict verification, because it involves their reputation
Recently a few ICOs got successful. But someone shouldn't think about this is the new hope of returning it because ICOs cheated with people so much that people are not going to trust on ICOs anymore. So i haven't found any possibility returning ICOs in future