will the worlds society now be flooded eternaly with icos?

[torch2121]

Possibly that many ICO's will show up. Most especially some country is starting to legalized ICO's. One of them that I know is South Korea. They have seen how big will be the opportunities that ICO is creating. Multi-billion Dollar. For me I will put in mind to research first before joining a certain ICO. Better not to be scam. This is not impossible that society will be flooded with ICO. I hope to ease time we will have a website that we can check if the ICO is legit in the future as ICO became legalized.

[Betheng10]

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

as negative as your opinion is, it might be right. A lot of ICO's today are almost similar from one another. The system of creating a project is doing ICO's to fund the project, but when all else fails the investors lose the most.

[andika2018]

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

I think banks still holding the control on our financial system. With controlling money supply, they have power to move market up or down.
RIght now many ICOs launch in cryptomarket but i do believe that market selection will reducing bad coin in market.

[Leonia-Ridinger]

I think ICO will be replaced with some new fundraising method as the technology and awareness of the blockchain develops. There was a prediction that less and less people will create their own tokens in the next few years, and everyone will just use ether or whatever blockchain coin of the dominant infrastructure may be. I personally like different platforms having different coins, as they are not just money in that sense, but also represent value and function specific to the platform. But we need a good universal wallet and an easy-peasy way to exchange those tokens for others in order to be useful.