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Author Topic: Moral and ICO's  (Read 113 times)
traderperspective (OP)
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November 22, 2017, 09:13:32 PM
 #1

What do you think morally about ICO's? I believe that is the future of fundraising but some people see it differently.
Raskolhnikov1
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November 22, 2017, 09:51:10 PM
Last edit: November 22, 2017, 11:53:42 PM by Raskolhnikov1
 #2

I think ICO is a very interesting way to raise funds for a new project, it is like a digital stock, which represents your interest in a enterprise. Thus, choose well   Cheesy

Morally speaking, I think icos are like people, some are good and some are SCAM ... Beware the fraud ones and embrace the good ones =D

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November 22, 2017, 11:15:35 PM
 #3

ICOs and morals shouldn't be in the same sentence. ICOs, along with any form of premines are inherently scams.

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BenjaminFranklingwould
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November 22, 2017, 11:40:46 PM
 #4

People trying to fund their projects and ideas. Yes, most of them will fail. But in real business is the same. Survives only 3-5%, there is no difference. It is hype around this theme and it creates some scams but technically I don't see it immoral.

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November 22, 2017, 11:44:23 PM
 #5

I think morality is not related to ICO. This is business, a concept of ideas to provide great projects to make systems more convenient.
Study the project if it looks genuine then support it. We might think it differently because of unsuccessful developments and not long lasting.
We have the knowledge to point out which projects are promising, some are just using ICO to earn huge money so be wise and choose the right decision.

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Isaac7coiner
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November 23, 2017, 05:11:15 AM
 #6

morality is depends more of the individual, icos are like collective systems of open markets, but in some cases some enterprises will side with a morality, so icos are can be more bias in mortality in comparison of the coins that are more like in a neutral place.
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November 23, 2017, 05:17:05 AM
 #7

People trying to fund their projects and ideas. Yes, most of them will fail. But in real business is the same. Survives only 3-5%, there is no difference. It is hype around this theme and it creates some scams but technically I don't see it immoral.
I agree with this idea. ICO is just an unusual way of doing business. If you usually do business immoral, then this is a single problem which is not connected with ICO. However, in general, I don't see any immorality in ICO.
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