ICO and ESCROW, CROWDSALE is WORLD OF SCAM

[DashingAgent]

ICOs have become a trend today and most of them are scam, if some of them are not scam even than you are loosing bitcoins, ethereum and they are stealing your money, one day will come when your all of coins will be held by them and you will not find any bitcoins to exchange with anything even in trading, if there will be mining operation then the block will be too big and rewards will be too small to earn some satoshis, If people will have some bitcoins, they will keep them in their wallets but will not send any coins to anyone because as BTC price is increasing every year, it has become an investment or ponzy scheme instead of useful crypto-money which people can use for their projects, so instead of an ICO, ESCROW, I have a great Idea, I will share that idea in the forum ASAP, My question is just that Do you still believe that there should be ICOs and ESCROWS?

[colvis]

Yes, i believe it should be.
Initial coin offering (ICO) is an unregulated means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin.
                                   
                                                          While
ESCROW: In the U.S., escrow payment is a common term referring to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount "over and above" the principal and interest portion of a mortgage payment.

they are not scam but just a means and  medium of investment