More ICOs more competition

[elrozaqo]

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?

It is true. More ICOs more competitions. Good ICO will survive. But I see too many ICOs are scam now, We must be carreful about that.

[aiviaa485]

It's true and it's a business that makes it so complex and needs updating.
We know 3 ways to create coins:
- ICO
- HardFork 1: 1 (Airdrop)
- CrowdHodling / Crowdfunding

If we can choose all of them, choose which business we will do in the future.

[TheHero]

Yes I agree with your opinion. we need the new ICO to develop the blockchain system so it will work more fast and more efficiently. But I concern about a lot of new ICO that only copy the old or the other coin feature and add some common feature or only make an ICO for scamming. That kind of coin make this crypto world turn into the Chaos. So thats why I hope the regulator can quickly make a regulation for the ICO.

[Pupus]

with the many of new ico that appear making the investors must be smart and also careful in choosing it. as well as the team from a project, they must really work hard to make the investors interested in the project.

[Jaguar]

In my opinion it is part in business world. Competition is normal. The stronger and more competitive will survive while the weaker will gonna die.

[Black ID]

So true. I agree with you. The more projects that appear in good ICOs, the more intense competition and competency between projects and between users in them to compete in which projects are better and which are not. I think this is a good thing and has an impact on the increase in Crypto prices and also increasing public interest.