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Author Topic: More ICOs more competition  (Read 1455 times)

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More ICOs more competition
« on: October 16, 2018, 12:23:07 PM »
A critical look at cryptocurrency development in recent time will bring about a good remark that crypto will be at moon shortly.
Now, irrespective of so many scam ICOs nowadays, many persons will agreed with me that this new start-up has brought a lot of competition in crypto world. Based on this, i had drawn a conclusion that it is very obvious that most of these new start- up that are lunched has actually come with new technology, brilliant ideas, and greater use cases. For example, a successful projects, when listed on the exchange(s), tried to overtake most coins on the coinmarketcap table, basically because of their new technological innovation plus their used cases. What do you think?

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More ICOs more competition
« on: October 16, 2018, 12:23:07 PM »

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Re: More ICOs more competition
« Reply #1 on: October 16, 2018, 12:35:00 PM »
gone are the days when people threw themselves on any ICO and it grew like a weed. Now, the investor has become sophisticated and begins to understand which projects will take off more likely and which will not. So, yes, competition does its job and the quality of projects grows

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Re: More ICOs more competition
« Reply #1 on: October 16, 2018, 12:35:00 PM »

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Re: More ICOs more competition
« Reply #2 on: October 16, 2018, 01:07:15 PM »
I agree with u,, more ICOS more competition ND gives room for fraudsters to earn more money by creating fake projects
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Re: More ICOs more competition
« Reply #3 on: October 16, 2018, 01:17:52 PM »
I think that now is not the best time for ICO. Many good projects in the shadow of fraudulent projects with tough ads collect millions. And the top projects remain on the side.
  I think that project regulators will soon appear. I think then there will be less fraudulent projects.
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Re: More ICOs more competition
« Reply #4 on: October 16, 2018, 01:48:03 PM »
Yes, you are right, more and more ICOs are created with many platforms that try to be one solution to some of the problems that exist in the world economy and make the world economy better than before.

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Re: More ICOs more competition
« Reply #5 on: October 16, 2018, 01:57:22 PM »
Yes, you are right, now both investors and bounty hunters have become neater and more selective, most likely that is why soft and hardcap began to collect only normal projects, therefore the competition is also growing!
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Re: More ICOs more competition
« Reply #6 on: October 16, 2018, 02:18:12 PM »
A critical look at cryptocurrency development in recent time will bring about a good remark that crypto will be at moon shortly.
Now, irrespective of so many scam ICOs nowadays, many persons will agreed with me that this new start-up has brought a lot of competition in crypto world. Based on this, i had drawn a conclusion that it is very obvious that most of these new start- up that are lunched has actually come with new technology, brilliant ideas, and greater use cases. For example, a successful projects, when listed on the exchange(s), tried to overtake most coins on the coinmarketcap table, basically because of their new technological innovation plus their used cases. What do you think?
More ICOs will be more competition, and this make ICO will be better day by day, and developers will be always make a new idea to make their project interesting.
I think this is really good because we will feel the impact of function of that new project, we will feel newest feature and that will be make we will feel easier in our daily life and good for our future. And more ICOs will be make more peoples interested to use crypto and I hope that can make cryptos price become better and rise

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Re: More ICOs more competition
« Reply #6 on: October 16, 2018, 02:18:12 PM »


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Re: More ICOs more competition
« Reply #7 on: October 16, 2018, 03:15:40 PM »
We all know that most of the ICO fail when listed on the exchange the prices drop to almost 10x, maybe start-up may play a big role in the crypto world

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Re: More ICOs more competition
« Reply #8 on: October 16, 2018, 03:22:28 PM »
Crypto competition is increasingly attractive when developers become more creative to create projects that benefit many people. This condition will be more attractive when supported by the legality of a country, so as investors will be protected their rights and minimize scam projects.

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Re: More ICOs more competition
« Reply #9 on: October 17, 2018, 03:01:06 PM »
I think that there are actually too many similar ICO so that investorst are really confused and sceptical because there is too much to read before choosing the right project. I hope that numbers of new ICO will decrease soon and only the good ones with really concrete and innovative projects can rise big amount of capitals.
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Re: More ICOs more competition
« Reply #10 on: October 17, 2018, 04:02:16 PM »
I think that now is not the best time for ICO. Many good projects in the shadow of fraudulent projects with tough ads collect millions. And the top projects remain on the side.
  I think that project regulators will soon appear. I think then there will be less fraudulent projects.

It would be interesting if full regulation for ICO's appears, it would almost be like a second stock market/venture capital funding. 
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Re: More ICOs more competition
« Reply #11 on: October 17, 2018, 07:18:34 PM »
I agree that many ico also raises the competition.
a lot of ico new show the increasing number of new developers that make the project interesting. many people start interested in the world of crypto.
many new projects that appear but partially only in the form of fraud.
therefore, before investing we also have to be extra careful to join.

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Re: More ICOs more competition
« Reply #12 on: October 17, 2018, 11:16:50 PM »
It is true. I see there are too many new ICOs right now. It may cause some results, both good or bad impact. It can be good for creating competitive atmosphere, then the project teams will be forced to have more quality products. However, It also my trigger to many death coins. The weak coins from bad projects won't survive in this condition.   
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Re: More ICOs more competition
« Reply #13 on: October 17, 2018, 11:34:29 PM »
I really like initial coin offerings. But i am not talking about 10x 20x gains etc. I am agree with you . With these icos people realised that they can collect money if they create some technology for solving some problems. You know before icos people hardly collect some money for technological developments from rich people or etc. but with icos people can collect money from directy us.
That is mean after that time avarage people also can invest some huge technological startups with that way. and i agree with you about competition issue. Yes icos are getting more popular and more people trying to doing icos. surely i am not talking about scam ones. people trying to develope their technology better than older ones with that way. all the people can try to develope better technology. and that can help to humanity about general technological developments speed.always competitions increase the speed of technological developments.

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Offline bagas79

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Re: More ICOs more competition
« Reply #14 on: October 17, 2018, 11:45:17 PM »
With so many ICOs circulating, it automatically becomes a competition for developers. And investors or bounty hunters are now more selective in choosing ICO projects.

 

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