Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on September 21, 2018, 04:57:02 PM
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Does the ico project use funds according to the development allocation they planned? For example there is an ICO A allocating their funds to make a product of $ 10 million. They only make products at a cost of $ 3 million. What is the rest of their allocation for? (I'm not sure the product will cost $ 10 million). So is making the ico project a profitable business other than crypto trading?
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Does the ico project use funds according to the development allocation they planned?
Who knows, mate. But if the products only cost around $3 million and they don't announce for what the rest fund, it is really suspicious. $7 million will be possible to misused by them. This case will make investors be less trust in ICO.
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"Does the ico project use funds according to the development allocation they planned?"
I think so or they try at least. Some unexpected things happen during development and they have to adjust. What is important is that they have to be very transparent to all investors.
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Does the ico project use funds according to the development allocation they planned?
Who knows, mate. But if the products only cost around $3 million and they don't announce for what the rest fund, it is really suspicious. $7 million will be possible to misused by them. This case will make investors be less trust in ICO.
Investors are very difficult to see directly their products except investors in the same country. I don't say all of the ico projects are like that. I only ever saw and felt something unnatural.
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"Does the ico project use funds according to the development allocation they planned?"
I think so or they try at least. Some unexpected things happen during development and they have to adjust. What is important is that they have to be very transparent to all investors.
After the ico period is over, we will see how the project develops their products. Fake and fraudulent projects will not survive. Transparent must be implemented in every ico project.
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yes, I still believe that, that the project is one of the goals is to make a profit, because without profit, there are people who want to develop something or create something.
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yes, I still believe that, that the project is one of the goals is to make a profit, because without profit, there are people who want to develop something or create something.
That is why this year the growth of ICO projects is very large. You can see the percentage of success of the ico project in the past year and this year. This year more ICO projects by selling failed products and only provide false information.
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That is why this year the growth of ICO projects is very large. You can see the percentage of success of the ico project in the past year and this year. This year more ICO projects by selling failed products and only provide false information.
They are not selling products.
Most of icos are fraudsters. Only sell nonsense. Peoples can make tokens easily. Then add a little sweet promise or a project that doesn't really exist on the roadmap. Then they sell these nonsense :)
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The hard caps of contemporary crypto ICO projects are definitely way too high most of the time. Remember that before the ICO craze, a lot of great projects collected only couple of millions, some even less than a million and they managed to produce a great product. But I suppose its good to have some extra doe in the account if the development of the project takes a long time.
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~snip~
Who knows, mate. But if the products only cost around $3 million and they don't announce for what the rest fund, it is really suspicious. $7 million will be possible to misused by them. This case will make investors be less trust in ICO.
Investors are very difficult to see directly their products except investors in the same country. I don't say all of the ico projects are like that. I only ever saw and felt something unnatural.
True.. I know very well about it. There are still many projects with professional teams that are very open to announce every thing related to the development of the projects. They let investors, ecosystem, or community support to know about it. :)
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Well ICO, is a form of fundraising to funds their needs to continue the project. It seem to me that the excess many they raise will be part of the company asset and be use for some other purposes which only the dev team knows. Money is essential to prosper in the market so they all need that to finance the project.. Well maybe some well be put to the pocket of the created anyways, project were created to gain money from it.