Look at LISK (i'm not commenting on the tech or advising people invest that is up to them) this is how you make an effort to advertise and run an ICO.
You can't go one page on this forum without 5 huge lisk banners.
Facebook and twitter rewards for social advertising.
If not a scam then a poor effort considering your background and knowledge in this field and on this board. All I can see so far is a small group of people hyping and pumping.
LISK is just like all other ICOs, a crap and a cancer. It was, is and will always be a shitcoin. Yes I know you shills are going to make some profit.
LISK could well turn out to be a scam based on the concept being junk. I don't know. Did i invest yes a tiny amount not worth talking about.
My point for mentioning LISK is that they are pumping the hell out of it during ICO. This is reverse scam mentality because if everyone buys in at the ICO who are you going to pump it to at inflated prices at exchange if you all have some? the tech would have to talk for itself and become desirable.
The only people that usually pump during ICO are the ones that know their product is totally shit and intend to run with the cash.
Maybe they'll do that but they are being very open about their identities if they are going that route.
I am not advocating LISK I am comparing LISKS approach to IOTA which i find like NXT's approach.
I do not like and ICO at all. Because everyone I have ever seen except maybe nem is rigged in one of the two ways i mentioned.
1. good tech ico - poor initial distribution and strangled supply whilst pumping the tech to everyone and extracting max btc
2. no tech - pump during ico - run with funds.
Ethereum - ran a reasonable ICO by the boards standards and gave POW. I have still doubts about the tech and didn't choose to do the ICO or even buy at $5 . However their ICO was okay but greedy for themselves.... open greed I can choose to to take or leave. Can they and their whale pals manipulate the market...of course they still can.
Well organised POW with advertised release and stringent diff adjustments , pools and all the rest can not be gamed half as bad as ICO.
I was on over 100 coins released... mining from the very start. If there were pools and loads of people ready from the outset with rapid dif adjust I don't think anyone even a botnet would be able to take more than the share of electricity they put in.