Report: ICOs left retail investors in the dark

[newshunter]

Report: ICOs left retail investors in the dark

New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020.

Source: Report: ICOs left retail investors in the dark

Would appreciate your opinion about this

[TomPluz]

These stats perhaps explain the fact that at 54%, the majority of respondents believe ICO operators should be held criminally liable for projects found to have been fraudulent.

Certainly, when one is into the act of deceiving with the intention of getting all the possible money and then use that money for something else this can be a big factor to be considered as a scam. When the ICOs made good and biog headlines in 2017, more people got interested as they were then triggered by greed or that chance and opportunity to gain more than normal, until the market experienced so many scams and failures left and right. No wonder only a small percentage participated in the ICOs in 2020 as many got burned.

[zulfi125]

As you know most of the investors invest in ICOs in 2017 and some ICOs was successful and most of them were scam and investors funds was lost so there are few investors those are investing in ICOs but most of the investors no interested in invest in ICOs in 2020 and prefer to invest in top altcoins in coinmarketcap.

[robert20]

In 2017 when BTC was rising at a great speed and people were making Thousands of Dollars new people started knowing abou crypto. They had very less knowledge about crypto in that time. So many people started investing without doing any research. Now people have much more knowledge about crypto. So they are very cautious about scam projects. They now prefer investing in Altcoin, Defi, NFT etc.

[KryptoBull]

Currently the majority of ICOs in 2017-2018 have disappeared or existed like ghosts on coinmarketcap. Only a handful of them have been truly successful. The same goes for investors' investments, they are used to develop bad products, which are not really necessary for the community, many projects have used up their capital and cannot bring in no product at all. It can be said that investors in the 2017-2018 ICO period had a lot of sad memories.