Sounds like I heard in the past.
It seems that ICOs are just a bubble and when I read your comments, most of you are saying the same.
When I first readed about ICOs, I thought, that you get something from the company.
Like when you make classic crowdfunding, you get a product, a game, a service etc.
But in ICO it seems to be just new coins that you hope to sell higher.
Maybe it works, maybe not. I saw some good ICOs who offered good services, not only promised high returns.
But when I saw a simple gambling page collecting millions, it just ruined the concept of crowdfunding. Sorry for saying this.
I mean, you could do such great things. Like collecting for wells in africa or helping homeless.
But instead the most coins just seem senseless
On the one side I hope that the bubble bursts asap, but on the other I hope to see some ICOs with a deeper sense.
With burst I specially mean those senseless ICO after ICO.
I mean after the ICO mostly noone really cares about the product itself. It's just the matter of the price of the coin.
And that's a sad fact.
I have a great idea and concept I could solve with an ICO but I have not much experience about coins or ethereum or anything else regarding this,
I'm just sitting here in my bedroom and thinking about how such senseless projects can collect millions, while others hardly build up their business.
And that's what hurs me in those ICO: That on the one side are sometimes maybe greedy people, on the other are sometimes people with just an idea.
There are always a good and a bad thing about something.
Thank you for all your answers, I'll be happy about more feedback and comments
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