Post
Topic
Board Altcoin Discussion
Re: ARE ICOS STILL LEGIT?
by
kindbtc
on 26/08/2020, 14:48:16 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.
ICOs are still somehow surviving and i have seen some good projects with ico model recently just because they do not want to pay high fee to list as an IEO on a good exchange so they decide to open ico from their website only. I think whichever fund raising method they chose if the project and team is authentic we should support them and if there is something suspicious then obviously we should expose them and discourage them.