There is no such thing as a "legit" ICO.
They are unfair and scammy by design.
For one thing they take a giant massive leap towards more centralization on a DECENTRALIZED currency.
Hell, most aren't even currencies at all.
And how could they be ?
What kind of a moronic retard makes a digital currency to replace Bitcoin then you need Bitcoin in order to buy it ?
Are you all fucking retarded or what ?
Further more you will all cry SCAM hard & loud when a coin has a 1 or 2% "premine"
But once AUR did it for %50 or ETH did it for 100% all of a sudden it's fine.
All an ICO is.. is a 100% premined shitcoin "scheme" for profit on centralized exchanges.
NOT a currency but a fucking Scheme "coin" ..for profit.
Which makes them ALL highly scammy by design !
ICO supporters are only supporting them to profit.. which is scam supporters defending their scams.
They talk as though they can justify a scam..
It's the same as defending a classical Pyramid scheme that existed long before Crypto coins did.
All these sleazy greedy profiteers say is well.. yeah they are scammy.. just not the one i am involved with shilling for.
It's the same busted fucked in the head logic as saying hey robbery is bad but if i do it for a good reason then it's ok.
Well, no retards it's not !
Bad is bad (as i have said here a 100 times before)
Most of you supporting that shit showed up late and ruined Crypto with this ICO crap.
You lowered the bar and made this far more scammy than it ever was.
Muttering stolen jibberish like Fintech or IPO or ICO or ITO or White Paper etc is a crock of shit.
ALL ..of those things are concepts stolen from REGULATED financial markets..
and then applied to a scene which is UNREGULATED which makes it super fucking scammy.
I started out mining coins with what ever i had laying around the house.
If i could not have done that i would have never EVER fucking started doing this bloody retard pathetic lame bullshit.
I watched as a huge massive flood of peons showed up mid-to late 2013 all one after another chanting how do i get money from my bank account to Cryptsy etc on their Troll-Box.. i was DISGUSTED !
I would never EVER take money out of my bank to buy shitcoins for profit.. like you ICO supporters do.
No point in trying to convince scam coin supporters.. you want profits and morals will not stand in your way.
What will ?
MONEY.
So when that guy said earlier Crypto won't go back to how it was before (it got extra scammy)
I say Bullshit !
If it becomes profitable to do the right thing then YES things WILL change.
All it takes is a carrot on a stick to herd the kidiot retard profiteer lemmings.
You know.. the type that really don't give a shit about ANY crypto coin.
The kind who simply showed up to make BTC to make FIAT
Which is the real goal.. FIAT.. the ole mighty dollar.
A real crypto currency supporter would not be caught dead publicly admitting to supporting scammy ass ICO bullshit.
Some support them though with their weak pitiful excuses..
The same type of morons who say ya.. give Poloniex your picture ID so you can buy ANON coins.
Or Ethereum will replace Bitcoin but you need FIAT then BITCOIN first to buy the ICO coins.
THAT is the type of greedy moronic dipshitry we see in crypto.