Understanding ICOs and their impact on Ethereum

in #ethereum8 years ago

There is a lot of hype and excitement around Ethereum and ICOs at the moment. People are getting unprecedented gains from projects overnight - but do investors understand exactly what they are buying? Some might, but there are many who are jumping in with limited knowledge.

I made this video to help people understand what you are actually buying when you partake in an ICO vs an IPO, and how this excitement is affecting the price of Ethereum. I hope it can help to teach new users in the space and allow them to make better-informed decisions around where they place their money.

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This is a pragmatic view that a lot of people need to consider. If the new ICOs start to fail, then Ethereum value will drop along with them. With so many ICOs requiring Ethers to buy in Ethereum value is being pumped.