Author

Topic: Blockchain VC Says No to ICOs (Read 537 times)

hero member
Activity: 770
Merit: 629
November 08, 2016, 07:58:23 AM
#8
I quite agree and that brings us back to the need for a legislative body in crypto community. An organization to put greedy developers and scam exchanges under check.

Funny.  We need to have state and law in anarchy  Grin
full member
Activity: 252
Merit: 100
November 08, 2016, 07:46:52 AM
#7
I quite agree and that brings us back to the need for a legislative body in crypto community. An organization to put greedy developers and scam exchanges under check.
hero member
Activity: 868
Merit: 500
November 08, 2016, 06:23:02 AM
#6
I think we are experiencing the dot.com bubble in crypto ICOs, is not that ICO are bad but the greediness on the part of both the developers and the investors is killing the market, just imagine a project like ICONOMI (very well conceived idea) that requires just 2000BTC, raised more than 17000BTC that is more than 8X of the initial valuation by the developers and people are shouting the price is below the ICO why won't it, because I can't be paying $2 for something that in my actual valuation worth only 50cent.

There is need to be a cap on every ICO coming to market for funding
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
November 08, 2016, 02:24:56 AM
#5
Many icos are scams, or abandoned, only less than 10% are great and with profits: ethereum, factom, waves, nxt, xem, maidsafe, storj, stratis.

Legit ico but price under ico(i call them screw the investors and these ico were overhyped during ico): iconomi, singulardtv, antshare, firstblood.

Scam icos, unlimited, don't count them, the recent bad ones: declouds, opair, ion, and so forth.

That's why the writers say no to ico, too easy for make your own coin in this time make a lot of the people are interesting for making their own coins. it's starting from someone are made the tutorial for made those coin. We all are says no to ico but they still running in a lot of the various ideas.

Persinally I think ico is acceptable, but investors need to analyze more, only invest on reliable team, current ark ico is awesome, very reliable project.
More preferred for buying at the dump session in my personally. I guess although we are investing in the decent team that's will not giving more guarantee for us. I'm not a hypocrite person about investing in the actual ico, but some fraud ico are running by each.
Ark is impressive, and I would agree with this one, some hours and over 2 million lisk are collected.
sr. member
Activity: 403
Merit: 250
November 08, 2016, 01:36:57 AM
#4
Many icos are scams, or abandoned, only less than 10% are great and with profits: ethereum, factom, waves, nxt, xem, maidsafe, storj, stratis.

Legit ico but price under ico(i call them screw the investors and these ico were overhyped during ico): iconomi, singulardtv, antshare, firstblood.

Scam icos, unlimited, don't count them, the recent bad ones: declouds, opair, ion, and so forth.

That's why the writers say no to ico, too easy for make your own coin in this time make a lot of the people are interesting for making their own coins. it's starting from someone are made the tutorial for made those coin. We all are says no to ico but they still running in a lot of the various ideas.

Persinally I think ico is acceptable, but investors need to analyze more, only invest on reliable team, current ark ico is awesome, very reliable project.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
November 08, 2016, 01:27:39 AM
#3
Many icos are scams, or abandoned, only less than 10% are great and with profits: ethereum, factom, waves, nxt, xem, maidsafe, storj, stratis.

Legit ico but price under ico(i call them screw the investors and these ico were overhyped during ico): iconomi, singulardtv, antshare, firstblood.

Scam icos, unlimited, don't count them, the recent bad ones: declouds, opair, ion, and so forth.

That's why the writers say no to ico, too easy for make your own coin in this time make a lot of the people are interesting for making their own coins. it's starting from someone are made the tutorial for made those coin. We all are says no to ico but they still running in a lot of the various ideas.
sr. member
Activity: 403
Merit: 250
November 08, 2016, 01:13:29 AM
#2
Many icos are scams, or abandoned, only less than 10% are great and with profits: ethereum, factom, waves, nxt, xem, maidsafe, storj, stratis.

Legit ico but price under ico(i call them screw the investors and these ico were overhyped during ico): iconomi, singulardtv, antshare, firstblood.

Scam icos, unlimited, don't count them, the recent bad ones: declouds, opair, ion, and so forth.
newbie
Activity: 36
Merit: 0
November 07, 2016, 04:04:04 PM
#1
Written by Encrypto - aka me.

Well it won't take my link it calls me suspicious this is REALLY annoying.

www DOT the-blockchain DOT com  /2016/11/07/blockchain-vc-says-no-initial-coin-offerings-icos/

Snippet

In the crypto-hangouts – particular at Bitcointalk where almost all ICOs are first broadcast, scores of net-savvy investors start googling the history of the founders and teams, ripping apart the code, hammering the theory, and generally kicking the living shit out of the concept – by the tens. Then they out scammers who end up shrivelling out the forum with their tails tucked and hang the ICO. You also have new companies like Smith and Crown doing great work analysing ICOs and others are now moving into that space and providing more centralised market intelligence.

In terms of ‘breaking the law’ when it comes to spending your own money as you see fit in an investment you feel you can handle –  Obama has finally opened the doors slightly with the JOBS act and you don’t have to be an accredited investor or bike to work on Sand Hill Road to reap rewards any longer. And so it should be. The Americans are already three years behind the UK and Netherlands in crowdfinancing. ICOs are, in particular, have been a panacea to American investors (particularly those with a lot of unclaimed cryptocurrency) who want to participate.
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