not every ICO is a scam but ppl like this ruin it for the good guys.
Every ICO is a scam one way or another. The idea that people invest into a concept that hasn't been proven yet in return of an Intial Coin Offering sounds nothing more than a scam itself.
Is kickstarter a scam? before that it was developers adding stuff in coins and pump it to get paid.
You don't get my point, kickstarter campaigns are not ICOs, they're crowdfunding campaigns and usualy the people that create them are using their real identity and the concept they're gathering money for has already been proven or is close to doing so. Big bold differences there.
But that's just a couple of sentences there. You can also have a look at this article-like post I made, describing why I believe ICOs have ultimately no reason to exist in the first place.
not every ICO is a scam but ppl like this ruin it for the good guys.
Every ICO is a scam one way or another. The idea that people invest into a concept that hasn't been proven yet in return of an Intial Coin Offering sounds nothing more than a scam itself.
Is kickstarter a scam? before that it was developers adding stuff in coins and pump it to get paid.