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I don't understand why every company is trying to reinvent the wheel with their ICO. Initial offerings should be about price discovery, not minimizing FOMO. A d
by nhoven 9y ago
I don't understand why every company is trying to reinvent the wheel with their ICO. Initial offerings should be about price discovery, not minimizing FOMO. A dutch auction is obviously the correct strategy and would be trivial to implement in an Ethereum contract.
- davidgerard 9y agoYou'd almost think the point was making as much money as fast as possible while the bubble's bubbling, or something.