Post by rojonihafsa1 on Mar 11, 2024 0:17:19 GMT -10
Other countries are also trying to take control of ICO to eliminate scammers from this market. Starting in January, Japan's FSA regulator is going to propose introducing mandatory registration of its new projects, which is similar to licensing. It will also be proposed to introduce a limit, the maximum allowable amount of investment in a separate project. Whats Next? After the first quarter of 2018, 44% of companies never reached softcap, the lower limit of fundraising needed for the team to continue executing the project. This can speak of two facts: The developers relaxed so much that they began to offer investors a product with clearly questionable prospects. But they failed to fool their developers. Investors chose not to increase investment volumes in the downstream market and, of course, not to invest in new projects.
Both versions, although radically different, have the right to life. But the essence in the ICO market reflects only one thing: among ICO projects, a bubble of non-viable projects was formed that would burst regardless Jamaica Mobile Number List of whether the capitalization would continue to grow or fall. Regarding the fact that ICO or the cryptocurrency market is dying, it is still very early. Rather, there is a structural reconstruction that will clear the market of "junk" projects, but not for long. According to the wave theory, BTC went to a prolonged peak several times: in 2011 in 19 months it decreased by 94%, in 2013 in 7 months by 83%. Now it's been 11 months and BTC is down by 80%. This means there is potential for a further decline, but then a reversal will occur.
The same will happen with ICO. I can see two possible scenarios for 2019: will go into the freezing phase until the investment potential pays the costs. Those of the developers who have easy money, but have not yet had time to start development, refuse from the beginning. ICO will not die, but will only go into the dormant phase. Once the market becomes actively growing, everything will repeat itself in the second circle. Asset. There are always a lot of people who want "free gifts" (for example, that's why HYIPs and MMM analogues still live) and therefore it makes no sense to minimize the ICO. Real big projects that require costs slow down work. However, scammers are activated, who under a beautiful wrapper will offer fraudulent projects, the development cost of which is relatively a penny.