Bitcoin Forum

Projects like Cosmos and Melon pretend to have ICO's but they just end up giving all the coins to themselves their friends and venture capitalists.
They think that blockchain projects are like companies and that by getting in on the ground floor they can become rich.

But they need us. they need the network effect. they need people to support their project.
they want us to support the network while they get all the cheap coins.

It's time for the community to begin to question whether we should support their projects, when they don't give ordinary people a chance to get in on the ground floor

What message mate?either don't participate in ICOs or when you do then bite it and swallow it because you deserve it and stop bitching around if you couldn't effectively take your share of the stolen money that these ICOs are practically stealing from people.

I don't think you understood.
These projects have fake ICO'S where they distribute the coins to themselves their friends and venture capitalists. I did not participate.

They think that bitcoin (0r their version of it) is like a private company for them to make money.
So they don't give you or I the chance to participate. But they hope that we will later buy from them and their friends when they list on an exchange.

And they alosy hope that well support the network for them.

So I'm suggesting that people take this into account and rather support coins that have an open distribution or a "fair"one.

Why make wealthy people even wealthier when they don't give ordinary people a chance to participate?

I understood about this, Melon just put the inflation from the melon tokens for themselves.
That's just like an instant way to become a rich person.
Remember melon is running on the ethereum blockchain, But that's correct. The project is need a community to support his project and spread the word about that project. This will be different if they just trying to fool us.
So, what's the reason for us to support the project such as melon?
Tell me your reason. But honestly, i don't want to support the project that the dev is really greedy to being a rich person. And just take the advantage of the community which gives a lot of support for them.

I don't think we should support Melon, or Cosmos.

I think we should support projects that have fair launches. They need us  we don't need them.  :)

I heard it's a fake ICO's. Without investors to dump on they will go and creating another one.