Sylon (OP)
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July 24, 2014, 01:55:24 PM |
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What do you prefer between IPO and ICO ?
Why ?
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Sylon (OP)
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July 24, 2014, 03:42:31 PM |
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Initial Public Offering or Initial Crowdfunding Offering ?
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Nxtblg
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July 24, 2014, 04:42:13 PM |
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Whatever...legally, neither are accurate. A cryptocoin is legally property, not a security, so the legally accurate term is "pre-sale." A pre-sale of a (digital) good not yet manufactured, like a lawnmower company pre-selling lawnmowers it hasn't manufactured yet. Regardless of what you think of them, the Etherium boys are right on that one. Seems they consulted real lawyers, rather than deciding to play one on the Internet. But that said, I also know what the world "nitpicking" means. As of now, I might as well get all fussbudgety over the metaphorical use of the term "schizophrenic," as it would be as futile as getting pedantic over the term "IPO" as used around here.
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FriendlyChemist
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March 09, 2016, 01:55:09 AM |
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I thinkBoth IPO & ICO means , dev selling off some initial coins that he have at the beginning. all the profit goes to dev right? I am unsure about it but you can correct me.
thank you.
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Johnny_Crypto
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March 09, 2016, 04:19:18 AM |
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Whatever...legally, neither are accurate. A cryptocoin is legally property, not a security, so the legally accurate term is "pre-sale." A pre-sale of a (digital) good not yet manufactured, like a lawnmower company pre-selling lawnmowers it hasn't manufactured yet. Regardless of what you think of them, the Etherium boys are right on that one. Seems they consulted real lawyers, rather than deciding to play one on the Internet. But that said, I also know what the world "nitpicking" means. As of now, I might as well get all fussbudgety over the metaphorical use of the term "schizophrenic," as it would be as futile as getting pedantic over the term "IPO" as used around here. Word.
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MGM
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March 09, 2016, 06:08:11 AM |
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Whatever...legally, neither are accurate. A cryptocoin is legally property, not a security, so the legally accurate term is "pre-sale." A pre-sale of a (digital) good not yet manufactured, like a lawnmower company pre-selling lawnmowers it hasn't manufactured yet. Regardless of what you think of them, the Etherium boys are right on that one. Seems they consulted real lawyers, rather than deciding to play one on the Internet. But that said, I also know what the world "nitpicking" means. As of now, I might as well get all fussbudgety over the metaphorical use of the term "schizophrenic," as it would be as futile as getting pedantic over the term "IPO" as used around here. Word. You're spot on.
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chaoscoinz
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March 09, 2016, 01:46:57 PM |
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My thing is, I keep missing out on the good investments, My gut told me ro get involved with ethereum project before it took off. Me being a skeptic, passed on as it slowly climbed its way up. Then boom, it fired off its way up the charts. I'm more of a speculative holder of crypto than an enthusiast. I know crypto is the future, I guess im waiting for the next big crypto to invest in. Bitcoin serves as a solid foundation to build upon. What will the next big crypto be, and will there be a need for ipo/ico in its future?
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robelneo
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March 09, 2016, 02:50:44 PM |
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I thinkBoth IPO & ICO means , dev selling off some initial coins that he have at the beginning. all the profit goes to dev right? I am unsure about it but you can correct me.
thank you.
That is correct it can make or break a coin it depends if the devs has a roadmap on the coins that he is offering then you have a good investment,it's always pays off to see if it is just a clone of a shitcoin just do your research..
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cryptohunter
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March 09, 2016, 02:57:06 PM |
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I prefer a well organised and executed POW with a reasonable premine for devs that is multisig and held by escrows... only released to devs as they reach their milestones they promised.
ICO and IPO both unregulated and totally gamed scams for the most part. 100% premine with lots of ways to ensuring devs and pals get huge proportion of it if there is good tech... or dumping it all on investors if there is nothing behind it. Either way total lose lose for everyone else in comparison to the dev team.
ICO with reasonable long term mining = better but still not as good as full pow.
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klarki
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March 09, 2016, 02:58:47 PM |
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ICO find more palatable, but not in the form in which th cryptocurrency submitted to different exchanges. Need protection against fraud.
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Nxtblg
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March 09, 2016, 03:23:42 PM |
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Whatever...legally, neither are accurate. A cryptocoin is legally property, not a security, so the legally accurate term is "pre-sale." A pre-sale of a (digital) good not yet manufactured, like a lawnmower company pre-selling lawnmowers it hasn't manufactured yet. Regardless of what you think of them, the Etherium boys are right on that one. Seems they consulted real lawyers, rather than deciding to play one on the Internet. But that said, I also know what the world "nitpicking" means. As of now, I might as well get all fussbudgety over the metaphorical use of the term "schizophrenic," as it would be as futile as getting pedantic over the term "IPO" as used around here. Word. You're spot on. I agree completely.
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Rotator
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March 09, 2016, 03:34:46 PM |
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I prefer a well organised and executed POW with a reasonable premine for devs that is multisig and held by escrows... only released to devs as they reach their milestones they promised.
ICO and IPO both unregulated and totally gamed scams for the most part. 100% premine with lots of ways to ensuring devs and pals get huge proportion of it if there is good tech... or dumping it all on investors if there is nothing behind it. Either way total lose lose for everyone else in comparison to the dev team.
ICO with reasonable long term mining = better but still not as good as full pow.
This is most accurate answer! ICO and IPO are not good way for getting funds for something that is not finished nor working yet. Only if you have complete working system, but even then i don't recommend this way of distribution. POW is best way!
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The Sceptical Chymist
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March 09, 2016, 04:07:13 PM |
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I like ISP. Initial Sucker Pump. It's way more accurate than either of the alternatives.
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Rotator
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March 09, 2016, 04:16:42 PM |
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Who really believe in this "development" paid with hundreds of btcs to some anonymous guys with fake or photoshopped documents "verified" by some other anonymous members? Even better if they reveal their identity what can you do if they decide to "deliver" after few years?
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robelneo
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March 09, 2016, 04:16:54 PM |
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I prefer a well organised and executed POW with a reasonable premine for devs that is multisig and held by escrows... only released to devs as they reach their milestones they promised.
ICO and IPO both unregulated and totally gamed scams for the most part. 100% premine with lots of ways to ensuring devs and pals get huge proportion of it if there is good tech... or dumping it all on investors if there is nothing behind it. Either way total lose lose for everyone else in comparison to the dev team.
ICO with reasonable long term mining = better but still not as good as full pow.
This is most accurate answer! ICO and IPO are not good way for getting funds for something that is not finished nor working yet. Only if you have complete working system, but even then i don't recommend this way of distribution. POW is best way! People who have no means to set up a mining rigs are the one who falls to ICO and IPO it's much easier but like what I post there are advantage and disadvantages I have so many altcoins on Yobit who have not move up to their ICO price and that's unfortunate..
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JosNekoKopa
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March 09, 2016, 05:44:19 PM |
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And those who are greedy and think they will become rich this way. Few will get their prizes but for the rest this will become nightmare. This is how this works, you can't get something from nothing. Value is based by ice prince and when PnD stops disaster comes.
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cjmoles
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May 14, 2016, 07:58:49 PM |
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Well, I think there is a huge grey area surrounding the terms. Much of this "grey area" is due to the borderless nature of cryptocurrency networks. Cryptocurrencies are defined, legislatively, in many different ways among the various jurisdictions. Many of these legislative definitions have not been tested judiciously so, for now, they are what they look like: money grabs....the whole bloody lot of em!
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vincentvincent
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May 14, 2016, 08:21:14 PM |
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I don't see a real difference in ICO or IPO, the way I understand it: getting some money to start a project. That's all.
What is the difference with someone trying to start up a new company and trying to convince other people to give him some money? People that wil give money to this new company should know it's a very high risk investment and therefor these type of investors will invest into a lot of different startups to spread the risk and hope that 1 out the 100 will become succesfull.
So don't put all your money in one (shit)coin but spread it over a lot of different projects. One of them wil explode in a couple of years.
People should stop thinking short term P&D scheme. Think long term value of new ideas.
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lanbo
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May 15, 2016, 04:59:38 AM |
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IPO commonly use on real world stocks while ICO on cryptocurrency investment offerings. Since we are in the world of crypto I definitely prefer ICO than IPO.
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Ayers
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May 15, 2016, 06:01:52 AM |
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neither, but ico is slightly better than ipo, there are less chance for scamming with ico as i see it, yes more safe
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