Topic: Vitalik Buterin's New Version of ICO- the DAICO- Good or Bad? (Read 77 times)
If it catches on it could really help to instill confidence in those that use it. By extension I suppose it would also raise flags about those ICOs that opt not to use the system. If it is simple enough to do, and the first teams to use it have success, then any proceeding follow-ups would have to have solid justifications for not signing up for increased accountability.
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I think DAOICO will be really safer and more transparent than ico now. And as we are waiting for the second boom ico.
Decentralized Autonomous Organization + Initial Coin Offering would be a good tandem,because it will give us more transparency and we will see these ICO projects are less scammy than every before.Lets hope that it will be implemented soon so there will some decentralized ICO projects. and in the long run it will be a good choice for all of us.
This is the only one way to rescure the ICOs I think. Just to minimize the loose of all the investors and especially Newbees
Most of the ICOs are scams, even though they have tokens, but they are the tokens that are made within 60 seconds.
I'm very dissapointing with the current status of ICO.
Most of the ICOs are scams, even though they have tokens, but they are the tokens that are made within 60 seconds.
I'm very dissapointing with the current status of ICO.
I think it is good, just as this technology develops, ICO model will also develop and evolve into a better version. I always think that current ico model are not good enough.
It would be great to have DAO or Decentralized Autonomous Organization in ICOs because it will prevent thse scammy ICOs from coming in to our market environment,leaving more quality ICOs in the near future we would have less scam projects beucase there no group of peole that will handle this DAO because it is being handled by smart contract,which will give us more transparency with these ICOs.
DAICO could be a good thing cause some ICO´s waste the raised money and nothing come out - if they only get money released if they reach milestones or project progress its a good thing and they think 2 times before they act.
What do you think about the new and more secure version of the ICO that has been suggested by Vitalik Buterin?
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