Topic: [2016-09-26] Ethereum-based eSports Platform FirstBlood Raises US$5.5m (Read 677 times)

the ICOS are very risky way to grow your fund, in this way I feel the whales are the only part that gain profit because they are the only who have  the money to push hard the price and when the hype comes they sell and get  out this shit.

But.. i like eSports.. and see potencial on ethereum,hope this project be successful long term.

Investing in ICO is always a high risk, high gain investment but if you invest in some highly hyped coins than there may still be some more new investor investing in that alt even after ICO making price to rise far beyond ICO price so better to sell what you buy at ICO within few weeks of them getting added in exchange platforms. $5.5 m is really a big amount and i think some whales are trying to play good game with this when listed in exhanger.  

Very true. This is my take. Icos are a money grab. It's like you are riding behind a brinks truck and they have the doors wide open and money is flying everywhere.

I buy into a lot of icos knowing the majority will fall under the ico price but I also know that one or two will rocket. You do need a large bankroll to do this.

I scored huge with peerplays. I also scored with stratis. Im under water with waves. Im holding a shit tone of blockpay. I skipped decent, first (scam)blood, I dumped lisk at the first hour for $$$. I buy a lot of shitcoins and one always pumps to make up for the others. I stay true to the early coins because they will come back, litecoin, peercoin which is actually a long term hold with great potential-people are really missing out long term on peercoin. I recommend listening to soundradios lets talk cryptos broadcast about peercoin. Ripple will be huge. I dont like it but the centralized part of ripple will bring in a ton of financial institutions that dont care about decentralized blockchains. I also stake a lot of coins. Currently, Im staking 11 different ones.

Sorry for the run on sentences but it just kept coming.

Take it or leave it. Also, bct is full of scammers and sock puppets. Take the attitude that everyone here is trying to steal your money. Find the little gold nuggets of truth which is like trying to find a needle in a haystack.

You also need to be aware of how the pos scammers work.

Peace

I agree. I have a hard time accepting that mainstream businesses will take eth seriously after they rolled back the blockchain.

@Tanglemymind. It would not be surprising that one of these projects or future projects built on Ethereum might be a scam. That might give the platform a bad image and a bad reputation affecting ETH's value.

Iconomi has also had a successful ICO reaching around $10m. The DAO hacker must be getting excited right now. I hope their code is very secure if they are using a smart contract in Ethereum for them.

Firstblood is a joke. They didnt even have a concept when they started their slack channel. They are trying to be like peerplays now, haha. They've changed their white paper multiple times, have said that they reserve the right to increase tokens at their discretion, sold 80% of the tokens to exchanges so the exchanges can pump then dump.

They make me sick. They delete any and all constructive criticism on their slack channel.

Good luck if you bought this shit project.

@SaShiRaJaVu. Yes and the big problem is those companies that are having the ICO can run with the money anytime because they are not regulated. So the ones that are not running a scam should be commended because they have shown that they are trustworthy.

i am surprised to know that people are willing to invest into every crowd funding program and it is selling like hot cakes,selling out all the public offers within minutes is a feat in itself,have read many scams too between the good one's ,i dont know how people are going to find out about the good apples between the bad ones being in the virtual world.

i see in yunbi exchange there is 300k ETH reserved for presale approx 6,300 BTC
and firstblood going to be succeed ICO look like chinnese whale join this ICO just for short time all the token sold out
i hope is not like the DAO failed after their collected much money from their ICO
firstblood dev should always to check the bug so no place for hacker to attack firstblood

That is impressive. The first time I heard about FirstBlood I thought it was not going to get enough funding. It looks like their ICO is a great success with $5.5m worth of ETH pledged. I hope they secured the smart contract well and checked everything for bugs. We do not want the attacker doing his thing again.

The ultimate objective of the FirstBlood platform is to let eSports players win rewards for being successful in their games. To do so, an on-platform token, called 1SF, has been created. This token can also be used to host tournaments and vote as a jury member. A total of 79,103,203.391 tokens were created when the crowdsale took place earlier today.

http://themerkle.com/ethereum-based-esports-platform-firstblood-raises-us5-5m-in-mere-minutes/