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RE: What is an Initial Coin Offering or ICO?

Thank you Jerry, for a clear explanation. You certainly seem to have a knack for spotting the weaknesses in these systems. I would never have thought ofthe strategy you describe -- waiting to see what volume of trade there has been and then dumping. I assume the weakness here lies in the model of making available exactly the same amount of tokens each day? But like you said, if the startup company's sole motivation is to get funded, it's no penalty to them to do that.
upvoted, resteemed and I'm following you