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Author Topic: The new ICOs?  (Read 254 times)
Darkuso (OP)
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May 31, 2020, 01:41:08 AM
 #1

We are now seeing the ICOs of the new decade, it's no longer self-made projects grab money from investors to then let them fail and close shop, now we have big money getting involved, the banks, and governments trying to get their piece of the cake.

That is BloxRoute (to name one) looks like to me, a new project launched for a private company to do that same that they've always, but now with blockchain, the problem is that they will have full control (in time), so what is the point of using them instead of a regular private network? They aren't trying to solve the economic problems and the vulnerabilities in the blockchain tech, their "solution" is only something momentary, and it only serves THEIR needs.

Banks must be eager as well to jump in and use their reputation to keep using their customer money as theirs.
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May 31, 2020, 01:49:57 AM
 #2

I think it's more about the financial establishment recognizing how much of a threat cryptos are to their status quo and joining in because they know they can't defeat them.

I don't like this trend of companies/governments dumping money to try and get into this space and control it one bit, since as you said, what's even the point of it if it's going to be yet another centralized "service". What a fucking joke.
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May 31, 2020, 03:04:59 AM
 #3

Are there still ICO's? The crypto community doesn't trust the ICO industry anymore, especially with how it damaged the market 3 or 4 years ago.  I haven't heard about the project that you mentioned but its quite interesting. Blockchain is indeed the future and many big industries are not yet looking at it as a "solution" to their issue.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. An example too is Concordium which has not done an ICO, the technology is real, and the business development is massive, with companies like Nestle, Volve, and Geely lined up.

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May 31, 2020, 03:14:36 AM
 #4

Are there still ICO's? The crypto community doesn't trust the ICO industry anymore, especially with how it damaged the market 3 or 4 years ago.  I haven't heard about the project that you mentioned but its quite interesting. Blockchain is indeed the future and many big industries are not yet looking at it as a "solution" to their issue.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. An example too is Concordium which has not done an ICO, the technology is real, and the business development is massive, with companies like Nestle, Volve, and Geely lined up.


There are still icos and did you know Solana?

I have been joining as a tester for the testnet that launched by concordium and so far this is really worth to buy.

concordium has been backed by so many big name too. I have been watching this project since someone tell me about peter klein has become an advisor for this project.

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May 31, 2020, 04:37:55 AM
 #5

Are there still ICO's? The crypto community doesn't trust the ICO industry anymore, especially with how it damaged the market 3 or 4 years ago.  I haven't heard about the project that you mentioned but its quite interesting. Blockchain is indeed the future and many big industries are not yet looking at it as a "solution" to their issue.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. An example too is Concordium which has not done an ICO, the technology is real, and the business development is massive, with companies like Nestle, Volve, and Geely lined up.


There are still icos and did you know Solana?

I have been joining as a tester for the testnet that launched by concordium and so far this is really worth to buy.

concordium has been backed by so many big name too. I have been watching this project since someone tell me about peter klein has become an advisor for this project.
Cant find much information about Solana, Can you please link me to it.
Thanks.

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May 31, 2020, 12:38:35 PM
 #6

Are there still ICO's? The crypto community doesn't trust the ICO industry anymore, especially with how it damaged the market 3 or 4 years ago.  I haven't heard about the project that you mentioned but its quite interesting. Blockchain is indeed the future and many big industries are not yet looking at it as a "solution" to their issue.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. An example too is Concordium which has not done an ICO, the technology is real, and the business development is massive, with companies like Nestle, Volve, and Geely lined up.


There are still icos and did you know Solana?

I have been joining as a tester for the testnet that launched by concordium and so far this is really worth to buy.

concordium has been backed by so many big name too. I have been watching this project since someone tell me about peter klein has become an advisor for this project.
Cant find much information about Solana, Can you please link me to it.
Thanks.
Really ? Their project has been listed at Binance and has received a lot of hype over the past few months. You know shitcoin but not the leading projects in this market, it makes me a bit confused.

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May 31, 2020, 12:42:02 PM
 #7

Blockchain crypto transaction is an evolving technology so its not a surprising move that banks are trying to create their own coins or tokens on their own servers but as you said this is not for the investors its for their customers so they will keep their money in that banks.It maybe a new kind of ICO but I don't think it will be a successful one.
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May 31, 2020, 12:56:01 PM
 #8

I thought ICO is already dead, I haven't seen a successful ICO recently and as long as the IEO continues to be popular, I guess people will fully migrate to this way of crowdsale investing. I am not familiar with "BloxRoute ", but what a project usually say and promise is not easily seen in actual practice as most of them failed.

according to this post - https://medium.com/bloxroute/bloxroute-raises-10m-to-date-to-solve-the-blockchain-scalability-bottleneck-eb9ce254dfd2

Quote
bloXroute raises $10M to date to solve the blockchain scalability bottleneck

let see if they'll suceed, a lot of ICO projects that raised even more than that but until now they failed to show some good progress.

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May 31, 2020, 01:32:19 PM
 #9

Are you sure ICO can still be used now? after 3 years ago the dark history of ICOs that hurt many investors because the project developers ran away with money and prices destroyed after entering the market.

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May 31, 2020, 01:45:21 PM
 #10

Are you sure ICO can still be used now? after 3 years ago the dark history of ICOs that hurt many investors because the project developers ran away with money and prices destroyed after entering the market.
ICOs are bullshit now, there hasn't been any really good ICOs since 2018. Most of them just want to scam investor money and disappear soon, IEO will be the best option to invest in current time

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May 31, 2020, 03:44:04 PM
 #11

Good afternoon everyone. What I have noticed, much basically depends on standards solution brings. Talking about me, I am always looking for solutions that are coming with value for token holders and users
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May 31, 2020, 03:44:33 PM
 #12

Good afternoon everyone. What I have noticed, much basically depends on standards solution brings. Talking about me, I am always looking for solutions that are coming with value for token holders and users

This is the right notice, I am having pretty similar approach. But do you have any solutions that meet your requirements now? Any you can recommend?
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May 31, 2020, 03:45:13 PM
 #13

This is the right notice, I am having pretty similar approach. But do you have any solutions that meet your requirements now? Any you can recommend?

The one I would probably recommend you to have a look at is Brandtokens.io. Basically, with the platform you can basically tokenize your brand and reward your customers, so Brand Tokens is an all in one platform to manage all your brand token needs. Issue your own blockchain-based loyalty ERC20 token. List it on the exchange. Easily integrate tokens into your services. Reward your clients with tokens and give them perks in exchange. Check out their website to explore more
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May 31, 2020, 03:46:04 PM
 #14

The one I would probably recommend you to have a look at is Brandtokens.io. Basically, with the platform you can basically tokenize your brand and reward your customers, so Brand Tokens is an all in one platform to manage all your brand token needs. Issue your own blockchain-based loyalty ERC20 token. List it on the exchange. Easily integrate tokens into your services. Reward your clients with tokens and give them perks in exchange. Check out their website to explore more

This sounds fascinating from your words, will have a closer look
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May 31, 2020, 04:12:31 PM
 #15

First I don't think ICOs will have any other impact in the world, that is, I don't think they will be given attention again. Secondly, blockchain and the crypto space has grown to a big extent such that many organisations and so on are getting fully involved, now while some are after the tech others are after the money in it. My own advice is that everyone should be careful of every project, looking beyond the hype it carries and so on, so that the right decision can be made.

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May 31, 2020, 04:35:58 PM
 #16

there could be few that will be successful so Solana and bloXroute are just example.

if the project is backed by big companies, it would still work but i don't think it will still be a common thing right now. the investors in the past 3 years are fed up of the scam and if we see more ICO today that looks scammy, we'd all just keep destroying the blockchains reputation. teams today are even careful for one mistake can ruin everything that the team had been working on.










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May 31, 2020, 05:36:11 PM
 #17

If big companies and governments started involving into ICO industry, then we can expect them to be operating under regulations. That was the very good development and we must welcome it. I'm not sure governments will be interested in conducting ICO and that too on this forum. Because government may plan up anything for fundraising and definitely they may not plan up depending on this community.

At the same time we can expect corporate to come up here for the purpose of having ICOs. Because, they cannot build a community like this in short-term but they can easily analyse the potential of this community and when they are foreseeing possibilities of making use of this community, definitely they will conduct ICOs here. When they are coming up with regulation, definitely this community also will be interested on their ICOs.
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May 31, 2020, 05:41:08 PM
 #18

We are now seeing the ICOs of the new decade, it's no longer self-made projects grab money from investors to then let them fail and close shop, now we have big money getting involved, the banks, and governments trying to get their piece of the cake.

That is BloxRoute (to name one) looks like to me, a new project launched for a private company to do that same that they've always, but now with blockchain, the problem is that they will have full control (in time), so what is the point of using them instead of a regular private network? They aren't trying to solve the economic problems and the vulnerabilities in the blockchain tech, their "solution" is only something momentary, and it only serves THEIR needs.

Banks must be eager as well to jump in and use their reputation to keep using their customer money as theirs.
You have a point, it's one reason why I will stay away from anything centralized, government can't help and even if they find their ways into blockchain technology they will only take control and reap people off, decentralized is the answer to everything, even if Central bank released their own coin I don't see any reason to use yet, as for me I don't want anything to do with the government

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May 31, 2020, 05:56:10 PM
 #19

I know initial coin offering still exist, I've came across more than one project using ICO to still raise fund, actually this is crazy, any project that plans to raise fund using ICO style will take time to make reasonable amount of money, people don't trust ICO anymore, forget ICO..

Crypto regulations have no room in crypto space, regulations can work on few centralized projects like XRP but 90% on coins I knew are decentralized, coins like Ripple, tether and Centralized exchanges are still vunerable to regulations, this is the way I see it

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May 31, 2020, 10:26:47 PM
 #20

We are now seeing the ICOs of the new decade, it's no longer self-made projects grab money from investors to then let them fail and close shop, now we have big money getting involved, the banks, and governments trying to get their piece of the cake.

That is BloxRoute (to name one) looks like to me, a new project launched for a private company to do that same that they've always, but now with blockchain, the problem is that they will have full control (in time), so what is the point of using them instead of a regular private network? They aren't trying to solve the economic problems and the vulnerabilities in the blockchain tech, their "solution" is only something momentary, and it only serves THEIR needs.

Banks must be eager as well to jump in and use their reputation to keep using their customer money as theirs.
You have a point, it's one reason why I will stay away from anything centralized, government can't help and even if they find their ways into blockchain technology they will only take control and reap people off, decentralized is the answer to everything, even if Central bank released their own coin I don't see any reason to use yet, as for me I don't want anything to do with the government

Exactly, there is no point in using something that someone else has the rights over it, not now that we have a choice, the reason why people started using fiat was that was easier and safer to transport (among another reason) than gold and silver, but we gave the bank and the government way to much power over us, and they can abuse and do everything they want with our money now, but no bank will face financial problems with the shit hit the fan, and the government can keep printing their useless paper as is there is no tomorrow. There is no point in using a centralized blockchain or anything actually.
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