A decentralized messaging app called Status — built on the Ethereum blockchain — raises over $60 million dollars during its initial coin offering campaign. However, as soon as the sale started the network became congested, and the Status team was unable to immediately provide everyone with their promised tokens.
Read more here: https://news.bitcoin.com/status-ico-generates-over-60-million-but-fails-to-deliver-meanwhile-ethereum-flounders/
what is the actual meaning of ico
Brutal
i follow you you must follow me and upvote me
http://www.zerohedge.com/news/2017-06-21/ethereum-flash-crashes-after-status-ico-clogs-network
i follow you you must follow me and upvote me
Everyone is trying to get in on the action, frenzy!
i follow you and upvote you must follow me and upvote me
I hate it. My eth is still in network.