Avoid ICO's step one.
Why ?
Because they are scammy by design.
Simple huh ?
Is a fucking PONZI or Pyramid scheme legit because you know the name of the guy running it ?
Or because it has parts hosted on Github ?
Or because it has a snazzy web site ?
It's cute the band of greedy little noobs that show late think they know things ROFL
I'm curious, as I'm working a bit on a project at the moment, is it not possible that someone has a good idea and can't bring it to reality without backers?
This isn't Kickstarter or Gofundme or the corner for pan-handling.
Many of you are too young to know shit all about economics and money etc.
Ever heard the saying "The medium is the message"
Well the point is you need to be smart enough to see that the initial distribution is the most important part of a "coin".
The issue here is crypto got flooded by scammy idiots and children.
The adults know better and the kids just don't care.
Did you NOOBS know there was a time that ICO's were frowned on by all of crypto ?
Yup.. believe it or not there was a million Spoetnik's running around saying what i say all the time.
Apparently they all left or something.
Times have changed.. the kids here now think it's "Legit" if they are getting away with it.
It's all just a free for all for cash profits and schemes.. hey got an idea on how to tack a block-chain onto something ?
ICO IT !
Ya but are ICO's legit ?
Who cares.. i got my mouth to feed dammit !
Jeez i got trades to do man.. i got school soon yo !
I really do hope the govt authorities rip this idiotic bullshit to pieces.
You all deserve it big time.
PS:
Did you know Kickstarter has a ban on this crap in their TOS ?
Wonder why ?
..of course not LOL