Topic: ICOs = More of the same - page 2. (Read 877 times)

Not every ICO is a premined "currency".

There are ICOs for which the tokens are indeed just a representation of equity (albeit not by legal standards) that will allow participation in profits.

This concept has absolutely nothing to do with cryptocurrencies in the traditional sense and if you think that this is the only instance of ICOs you're not up to date.

As far as government compliance goes, who gives a fucking shit? Governments aren't exactly interested in citizens anyways, so there's no reason for me to care about governments.

And what type of professionals are you referring to? Because even Lufthansa is officially backing an ICO these days. Just because the law isn't up to date doesn't mean that ICOs can't be legitimate. The use cases have always preceded laws, with regulations following as markets mature.

Are most ICOs outright scams? Obviously, yes. Are most of the remaining ICOs with genuine founders led by completely fucking clueless kids with no ability to actually see their promises through? Sure.

But that's no different from the traditional start-up scene. I don't see you running around telling start-ups to stop starting up and collecting funds because they'll just use the money to live their life freely for a few years before closing down without ever creating a return for their investors.


P.S. I don't give a shit about your trust. Trust on this forum is an even bigger joke than the countless activity farming clowns who either keep spreading nonsense that is not only wrong but that they also clearly do not understand or otherwise deliberately lie in hopes of making a quick buck.

Buddy you are playing dumb.
ICO's are scammy by design.. it's because of HOW THEY WORK.

It's the equivalent of saying some pyramid schemes are legit.. because i made money off them.

Context much ?
No ICO will ever accomplish anything than a price spike on a govt compliant exchange.
Why ?
Ask a professional..
Ask them what they think of the WAY THEY WORK.

Crypto *IS* ideology.
ICO's rape it and leave it for dead.

A digital currency is not suppose to be a 100% premined startup company centralized by shady unregulated little assholes making 100's of "coins"

The ICO is a thousand steps in reverse and pisses all over the ideology in a variety of ways.
They are for example 100% centralized.
We are suppose to be decentralized.

Are you guys scammy or retarded or what ?

..i think both.  

Need more ?
I could write a fucking book on it

Never mind my "FUD" though.. you can't believe anything i say because i have a negative rating on a scam site.

---

Crypto Joke Time with Spoetnik:

I'll ask my mom the next time I go visit her. Unfortunately it's quite far away so I don't get to see her very often.

P.S. I agree that most people on here are brainless shilling clowns who don't even know what they are shilling. But you're not all that much better by just generalizing every single altcoin that used an ICO as a fundraiser, despite your intermediate grasp of the English language.

Said the guy participating in a signature bounty campaign. Are you even cereal?

It seems that when you research the ANN section you swarm in a pile of shit.
People, stop supporting the bounty of shit, stop investing in shit

Ask your Mom for more Altcoin money.. tell her you need $50 for Redskins "startup" coinz.

Hey when did Microsofts add teh crypto supports to windows ?
I see the service called "Cryptographic Services"
I guess that was when 8 million scammy shills flogging ETH said "Microsoft is using Ethereum".

You make me wet. How much do you want for your Pentium II coins? And where?

I fired up a Pentium II 333 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!



@BTCMILLIONAIRE
What "signature" ? I don't see one.. i use staff's SIG campaign blocking browser addon    

People usually just try to lazily coppy what has already worked before, so it's no surprise that we see mostly the same types of ICOs popping up over and over again.

There are a few more types of unique ICOs around though... like the SONM/Golem/XEL or the one in my signature.

There was also some machine learning fund that seemed to be doing quite well.

A number of similar projects are under development, and they compete fiercely. We can say that this is the time when the ICO exploded, however, they exploded in a narrow space with old ideas. That is why they do not grow as strongly as intended.

Fully agree. It seems that every technology or platform has tokens now. Even when it doesn't any sense.

Most of the ICO's are obvious that they are running out of ideas to think on how to catch the attention of the bitcoin enthusiast and newbies to crypto to invest to their project and gain some tokens. Some of them are contest, Milk, Sports, Gambling and many more which is hard to determine if they just want your contributions or they are legit and authentic that is hard to find now a days.

Well, when you have a new technology, you have two kind of projects: the ones that implement new models with the new technology, and the ones than improve current businesses.
Both of them contribute in a different way and can add value.
Uber, Facebook, Airbnb, are new models that the Web technology enabled.
Electric cars are still cars but they will change the way people move around (to get an example  outside crypto space).
Ryan and Olaf from polychain describe well this difference in the Third Web podcast.

Seems like air drops are the new "ICOs".
Works way better too cause you don't have to beg for money just premine and distribute the rest to profit

The coin developers has run out of idea and that was the best selling point of the ICO, so they keep on offering the same things over and over again, a lot of the coin is just looking fpr the profit they dont mean to fix anything or making the coin for better usage and in the future you will still keep on finding this thing over and over again, that is why there are so many alt coins with low values

Its not only on ICO. But this happenned in coventional bussiness too. So many product appear in the market. But nothing new or special anymore on the product. The principal thing of bussiness right now are:
1. Analyze
2. Copying
3. Modification
So right now the ICO just look like same but with a little bit inovation. I Hope in future the company must prefer to the new inovation not for profit only.

Exactly. Most ICOs out there are quite repetitive now.

I feel like that smart contract platforms will always generate a lot of hype and people will always say is this the next ETH, even though it achieves no purpose. Some other projects that actually have good ideas don't get any recognition.

And seems like more and more businesses are doing ICOs and tokenizing their business, e.g. cryptopay, binance, other exchanges and bunch of casinos

~~~~~~~~~
A completely original idea
Here It Is, and Who Will Show Signs Of Understanding?
~~~~~~~~~

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Something really New
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# Seeking people who try to understand and/or ask questions to help make this more clear.
`````````
~~~~~~~~~~~~~~~~~~~
ETH Bubble Game / Early Seed Angel Mania  (numbers a bit extreme)
Early Angel Numbers Are "Extreme" (?), how much do they typically make?


For Every (for example) Early $100 From "Angel/Whales"                      
      pre-seed   1st       2nd       ICO
$100 |  $300  |  $900  |  $2700  |  $9000  (Based on discounts, re-investing, "private deals", etc) // then...Dump crap tokens and start over!  |

`````````````````````````````



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Introducing Time-Frames: Short/Medium/Long-Term

         2018      2020      2024     2027/2028

$100 |  $300  |  $900  |  $2700  |  $9000  |
 

Numbers look the same, but you have more time to build real companies, not copycats.

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``````````````````````````````
Now Show Building With The Community
>>> Fresh, New-wave Companies built (with help from) the Best and Brightest of this community.    

// Science Fiction Fans >> We have a special school for you.

:Play W/ Time +
:: Building With The Community
:::Borrowing from your long-term trust(!)

        2018     2020     2024      2027

// Note: ICO Credits were once a brand new idea, it took "one big Payday" for everyone to start treating then like real money. This is a NEW, improved type of Magic Money. Created for "students" (and HappySocks!) who want a better Future.

1) >> (Some time/effort required) Receive (for example) $200K Long-Term ICO Credits related to 2027/2028 'goals'.

2) "Invest" $1,000 (or more) Long-Term ICO Credits ("Today") by ""borrowing from your long-term trust(!)  // Did anyone ever hear of the idea of building long-term relationships with other people?
`````
2018/2019 +$800 (or much more in short-term profits)  / Reinvest at least $300 "Back Into the Future"  
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2020/2021 +$2,000  / Reinvest at least $700 "Back Into the Future"  // 2027/2028 Trust Fund is Paid Back
(Current profit ~$1,800 or much more )
`````
2024 +$3,400 or more

Make steady to Huge returns within 10 years starting with zero money and investing a bit of time in new wave companies built (with help from) the Best and Brightest of this community.    
The "gross cycle" of greed is slowly broken, since we offer something much better.

Comments?


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ps. Can anyone make an info-graphic based on these ideas?
#No_Competition

In the real business world there are also same business companies everywhere. Did you ever get this as a problem?
So why not there will be 100x exchanges trade sites or energy companies in the cyrpto world?

Indeed there are many similar ICOs out there right now, differentiating which is genuine is pretty tough now.

A lot of the ICO's really dont have anything new to offer.This is because most of them are actually scam, and would end up becoming a pump and dump kinda stuff. I tell anybody that wants to invest in any ICO to do their due diligence, and ensure that there is actually the coin would actually solve a real life problem with its technology.