Bitcoin Forum

Has anyone else been following the coinstarter project? whether that be the initial coin offering, and/or coinstarterbox dot com? Im curious what the general consensus is about this new approach to streamlining the ICO process.

It almost seems like a step towards de-regulation - that is, an individual with an interesting project idea will not necessarily need to have the technical skills to get the job done.

I think this will unlock a truly interesting time for the entire ETH / ICO space. I mean take a look at what they already have going on with just their BETA:

"We have over 151,000 active members who are ICO and cryptocurrency enthusiast.  With this many platform members, CoinStarter has a tremendous advantage over any other platform on the market today.  More important, our platform has reached this in our first three months of the beta.  The growth potential we believe will explode once we go live with our platform.  We have over 12,000 projects in development, and over 3,300 submitted waiting for approval by the CoinStarter team."

The roadmap is ambitious as well... The entire thing is super exciting to me... full disclosure: i picked up a few of these bad boys pre-ICO

thoughts?

sauce: https://coinstarter.com/faq
sauce: https://coinstarter.com/whitepaper

Answer to thread title: No.

I can register 151, 001 active accounts on my platform and have tremendous advantage over CoinStarter. ::)

first to market is pretty critical here tho, woulsnt you agree?... why would i use a new platform when i already use one that works - and its incredibly easy.... easy enough for any neckbeard to do it. why would i change... i dont think i would.

Here's a better question for you: Why would I use CoinStarter, a random platform run by randoms, whose main purpose is to get more people scammed by fraudulent ICOs (naturally, more ICOs -> more fraudulent ICOs)?
Here's a hint: I wouldn't and neither would anyone not led by their greed.

well, i think an individual would use the  "random platform" because it is useful. i suppose assuming the founders of the project are involved in some sinister plot to scam everyone is one argument. i prefer to believe that i am smart enough to see a scam when i see one and avoid it myself, rather than being told I MUST NOT PARTICIPATE by some authority. but hey, i guess im just a free-spirited guy.

i do think there are advantages to creating a more streamlined user friendly launch pad... almost like the equivalent of web developing WYSIWYG tool.

I think making sweeping statements about "greed" is a bit misguided and definitely feels like it has some passionate negative connotation behind it.

maybe youre right tho :) im not here to fight pal

They do not have to be in any kind of plot. >90% of the released ICOs so far are scams, this includes Ethereum ("Code is law".LOL). A platform that helps the creation of more ICOs, will naturally lead to more scams (hence my statement).

Greed, ignorance and stupidity. Those are the three reasons for which the crypto market is so highly inflated. Do you really think that people are buying Ripple (or were buying Ripple) because they understand the idea, read the Whitepaper and know how it works? If you do, then the most latter adjective would suit you. I mean, who in their right (and educated) mind would such centralized garbage? Oh right, nobody.

i dont know friend. your resorting to personal attacks makes me feel like you have ulterior motives here. but perhaps youre right. and on the other hand, perhaps youre wrong - because perhaps it doesnt matter "why" people spend their own money. its theres to "waste" on ripple if they so please :)

I think there is some validity your statement of moving towards centralization. but your over generalizations and use of extremities makes me feel like perhaps you are "the latter adjective"

all in good fun friend, merely wanted to discuss it a bit, but not if it means im going to be insulted personally.

cheers.

There is no personal attack, and rejecting an argument just because it contains a personal attack is a fallacy.

Yes.

No.

I am not even remotely generalizing. Most people, with a brain, are more likely to claim that 99% [even 99.9% (e.g. Andreas Antonopoulos)] of ICOs are scams. Intentional or unintentional is irrelevant.

---

Then stop blatantly promoting this shit platform.

No i actually think ill do what i please again sir. enjoy your crusade.

also, here is their ICO subscription service: https://coinstarterbox.com/

I thought that might really grind your gears gosh darn scammers!