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RE: [dtube] Vitalik Buterin: "90% of ICOs will FAIL". Really?

in #cryptocurrency7 years ago

Buterin has previously emphasized that he considers the centralization of development in ICO projects as a serious flaw in many ERC20 token-based projects. While the Ethereum blockchain, the base infrastructure which supports the ERC20 token standard is decentralized, ICO projects are conducted by a closed group of developers, or in many cases, companies funded by venture capitalists