That's probably an optimistic view of the motivations of a lot of the ICOs. Your comment reminds me of an HN thread from about a month ago (https://news.ycombi

That's probably an optimistic view of the motivations of a lot of the ICOs. Your comment reminds me of an HN thread from about a month ago (https://news.ycombinator.com/item?id=15072257 https://news.ycombinator.com/item?id=15072257). > How to make money in ethereum, from high to low risk ... 3. Even more profitable is kicking off your own ICO. Go through the checklist - fancy HTML5 theme that you can buy off of Themeforest and edit the HTML a bit for the landing page, create a Slack channel/Twitter account/subreddit, write a "whitepaper" that is easy enough for the shmucks you're targeting to understand, yet replete with enough pseudo-academic crypto jargon and irrelevant/unnecessary mathematical symbols to get the shmucks nodding their heads and pretending to understand how this particular algorithm/equation based on the "turing-complete ethereum blockchain" will "change the world" or "bank the unbanked" or, more importantly to them, appreciate 500x in value.