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Topic: How about Carrot & Stick Approach for ICOs? (Read 220 times)

hero member
Activity: 784
Merit: 1416
September 05, 2017, 02:51:50 PM
#2
What should be the consequences for Crypto developers not developing the Projects they raised funds for?
Gone are those days funds were raised by real talents for real project & successful project executions.  Many people today go into Crypto development solely for the financial gains. . which could be the reason we have loads of anti-Crypto on this forum who I believe got attracted mainly for the financial gains .
The original creators of the first Cryptocurrency (Bitcoin) never relied on funding, it was purely on passion and they gave us one of the best products the World has ever had.
There should be strong consequences for failing to deliver, if  you ask. Maybe confistication of all their Cryptocurrency assets would do. Lots of Carrots without even a stick not good for Cryptocurrency future?

we just need to wait for regulations to come, its the fucking far west at the moment
Ucy
sr. member
Activity: 2576
Merit: 401
September 05, 2017, 02:35:49 PM
#1
What should be the consequences for Crypto developers not developing the Projects they raised funds for?
Gone are those days funds were raised by real talents for real project & successful project executions.  Many people today go into Crypto development solely for the financial gains. . which could be the reason we have loads of anti-Crypto on this forum who I believe got attracted mainly for the financial gains .
The original creators of the first Cryptocurrency (Bitcoin) never relied on funding, it was purely on passion and they gave us one of the best products the World has ever had.
There should be strong consequences for failing to deliver, if  you ask. Maybe confistication of all their Cryptocurrency assets would do. Lots of Carrots without even a stick not good for Cryptocurrency future?
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