I think it's just always seen as a rich get richer type vibe for some. However I have a coin idea that could cook and possibly bring about a new direction in this cycle.
ICOs were gamed by their creators and people lost a lot of money in scams
This is because , investors are not sure of profits for their invested cryptocurrency and issuer is also not sure about the success of his ICO. You could - Evaluate the real possibility and necessity of launching an ICO. ... - Decide on the Main Markets and Suitable Legal Jurisdiction. ... - Choosing the right ICO Launch Platform. ... Etc
ICOs aren't subject to regulations - this cuts both ways as a +/- A fool and his money are soon parted People got scammed thus tainting the entire process Possible improvements: Doxxed founders and transparent process Proof of Humanity Impose limits on % bought by each person
In English: I think it should be done by educating people on the proper use of ICOs.
In my opinion, ICOs were a powerful tool for their time. I experienced them as a revolution, and while now we tend to focus on the worst human aspects—the speculative race and making millions with just a pitch deck—we can’t forget that Ethereum, for example, emerged from an ICO. There are retrospective docs about Ethereum ICO moment that I think answers your question. What are we doing wrong as a Web3 society to undermine the very principles we preach? It’s inevitable that with any radical change, like in funding models, exploitative quick-win approaches will emerge almost instantly. I have nothing to say to those who sell a 200M ppt to a avid investors... On a smaller scale, ICOs, memecoins, and sooner than later agents of questionable utility… they all have a role to play, and each has its moment.
Everything evolves over time, and tokens are no exception. I remember back in 2018 when almost anyone could launch a token and get rich. All it took was creating a basic website, and it could easily make x100. People even claimed tokens through simple Google Forms. Today, we've made huge advancements: now we have automated bots and sophisticated tools. However, the main rule remains the same: the simpler and more accessible it is, the more people like it. Simplicity continues to be the key in this ever-evolving ecosystem.
ICOs were risky due to lack of regulation and scams. Better transparency and regulation could improve them
ICOs were risky due to lack of regulation and scams. To improve, they need transparency, regulation, and more thorough vetting of projects
ICO-проекты подвергались риску мошенничества и неэффективности. Новые стандарты и регулирование могут улучшить их выполнение.
Lack of regulation led to scams. Transparency, due diligence, and investor protection are essential for better ICOs
People raised 10s of Millions, built something rudimentary and gave up saying it’s too hard and then walked away/disappeared with quite literally 90% of the funds raised. What a missed opportunity! Would help if somehow the treasury could only be used for the project or returned if unsuccessful.
ICOs lacked regulation and led to many scams. Improvements could include stricter regulations and due diligence on projects
ICOs had lack of regulation and transparency. Better execution with clear regulations and guidelines could improve them
ICOs had issues with scams, lack of regulation, and high volatility. Better transparency, regulation, and investor protections could improve them
ICOs were often associated with scams and lacked regulation. More transparency and accountability could improve them
ICOs had a lack of regulation and transparency. Better due diligence, regulation, and investor protection could improve future ICOs
leaving aside the regulatory issues, getting a bunch of money before delivering any product is a bad incentive structure. you see this with startups that raise too much money the conventional way as well
ICO's suffered from lack of regulation, scam projects, and fraud. They could be done better by implementing strict regulatory guidelines, conducting thorough due diligence on projects, and ensuring transparency and accountability throughout the process
ICOs were often associated with fraud and lack of regulation. Implementing stricter regulations and conducting thorough due diligence could improve them
ICOs lacked proper regulation and transparency. Implementing stricter guidelines and oversight could improve their credibility and reduce potential fraud