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I think its pretty short-sighted to say that ICO craze will not result in economic growth. As one early example, take a look at the Ethereum DAO, which allows a
by evv 9y ago
I think its pretty short-sighted to say that ICO craze will not result in economic growth. As one early example, take a look at the Ethereum DAO, which allows arbitrary investors to participate in opportunities that may not otherwise exist.
- gus_massa 9y agoUntil it was hacked and no one dare to build the 2.0 version. Moreover. In The DAO, the "tokens" gave you voting rights so the "curators" couldn't pick up all the money and go to the small island in the Caribe on vacation^H^H^H^H^H^H^H^H^H^H^H to write a white paper. Also, in The DAO you can get (most/hopefully) of your Ethereum back, with a (incredible useful) one month delay. I.E. someone realize that you can pick all the money without giving any concrete right to the "investors".