4 ms·

I do not understand your comparison with Kickstarter. You never invest in a company or project using Kickstarter, you will not earn anything in the future if th

by vit05 9y ago

I do not understand your comparison with Kickstarter. You never invest in a company or project using Kickstarter, you will not earn anything in the future if the project succeeds. If you buy a shirt, you will only get that shirt, even if the company sells millions. You can not pass your position on to someone else. The comparison could be with stock exchanges. So the answer is simple. The barriers to starting an investment in ICO are minimal when compared to any IPO. And it is a global negotiation.

Kiro 9y ago
> you will not earn anything in the future if the project succeeds Neither will you with ICOs. They normally don't give any ownership or the like.
- vit05 9y ago
  How not? You get royalties from their project and, if they succeed, you will be able to negotiate that for more than you have paid. And there is a possibility to receive ownership, I do not know if any of the recent ICO has given that, but they could; future products or services for the Token that you have bought.
  - Kiro 9y ago
    No, that's not how the majority of ICOs work. You get no royalties. The tokens can be anything.
    - vit05 9y ago
      https://omg.omise.co/ https://omg.omise.co/ OMG holders can use OMG to validate the network. If they validate a block correctly, they get paid the tx fees from that block https://blog.golemproject.net/golem-network-token-gnt-sale-220c2a732f9 https://blog.golemproject.net/golem-network-token-gnt-sale-2... All transactions in the Golem network will be subject to a fee, approximately 5% of the transaction value. This will include both transactions between the users — payments for computing power — and transactions between users and software developers. The latter will consist of payments for the software used on the Golem network in a SaaS model. Where applicable, a blend of both open source and proprietary software will be used.

by vit05 9y ago

Kiro 9y ago

> you will not earn anything in the future if the project succeeds Neither will you with ICOs. They normally don't give any ownership or the like.

vit05 9y ago
How not? You get royalties from their project and, if they succeed, you will be able to negotiate that for more than you have paid. And there is a possibility to receive ownership, I do not know if any of the recent ICO has given that, but they could; future products or services for the Token that you have bought.
- Kiro 9y ago
  No, that's not how the majority of ICOs work. You get no royalties. The tokens can be anything.
  - vit05 9y ago
    https://omg.omise.co/ https://omg.omise.co/ OMG holders can use OMG to validate the network. If they validate a block correctly, they get paid the tx fees from that block https://blog.golemproject.net/golem-network-token-gnt-sale-220c2a732f9 https://blog.golemproject.net/golem-network-token-gnt-sale-2... All transactions in the Golem network will be subject to a fee, approximately 5% of the transaction value. This will include both transactions between the users — payments for computing power — and transactions between users and software developers. The latter will consist of payments for the software used on the Golem network in a SaaS model. Where applicable, a blend of both open source and proprietary software will be used.