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The reason why most ICOs fail is because the service or product does not have a market demand. Before launching an ICO ensure that you find an audience base for it as well as a real need for the offering. Also the idea has to require a token economy. A lot of ICOs are selling tokens just for raising money. These projects may fail as time goes by. Potential users want to see projects that have a defined market as well as future utility.
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I agree with you knowledge is the foundation. Indeed knowledge is the foundation of everything and you must have a good foundation of whatever thing you want to involve yourself. Talking about Blockchain Technology you must study, have mentors, do research before staring. Get information about every investment that you want to do. The more you study and have more information the more you make money. Having a good foundation of cryptocurrency and Blockchain Technology before starting will make you succeed.
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Well, it depends on how you look at it. For me bounty is an investment. investment is not only when you use money. Bounty hunters invest time and also more effort. we also need to consider the money we use in buying data. also consider the knowledge that we put in. Bounty campaigns takes a lot of time and energy, those who invest money get reward and those who also invest time get reward therefore i conclude that bounty is an investment.
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Ethereum is an advancement based on the principle of blockchain that supports bitcoin but with a purpose that does not complete with bitcoin. the market cap of Ethereum is more than Ripple and litecoin, Bitcoin is currently held at around the same value as unilever. Ethereum is faster than bitcoin with transactions of typically settling in seconds, rather than minutes. its takes things further. while still blockchain based, and operating as a store of value. while the Bitcoin blockchain can simply be pictured as a database of accounts.
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