Why are so many ICOs structured poorly with little or no chance of delivering anything for those who have invested? Or maybe it is the core ICO proposition that doesn’t really improve on what is currently available in the market, naively thinking that by adding decentralisation you immediately improve on things. Or maybe the project team creates the marketing hype that reaches out to investors and masks the reality of what is actually going on...
Read More Here: https://cointelegraph.com/news/good-bad-and-ugly-side-of-icos
Thanks for sharing! Definitely some great things. One of the main points I liked is that it pointed out the crowd is investing in stuff they don't understand. This is true for the whole crypto space. MOST of the people invested don't know much (if anything) about how blockchain works and what/why it's needed.
I think the concept of an ICO is awesome, but there's work that needs to be done to adjust it, that's for sure.
Agreed!