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You don't need ICO. Bitcoin started from scratch and it's still #1! Crypto currency is software which is very cheap to make and distribute(compare to hardware).
by milansuk 9y ago
You don't need ICO. Bitcoin started from scratch and it's still #1! Crypto currency is software which is very cheap to make and distribute(compare to hardware). Also the most of internet startups get seed money under $200K, so I don't understand why are ICO's designed for $1M and more?
- homero 9y agoBecause they're a scam, most will disappear with the funds they raised
- CryptoPunk 9y agoThere's really no evidence at all to support your claim. I wouldn't throw the word 'scam' around so lightly. You're essentially libeling anyone who has organized a token sale. I can only think of one group that has disappeared after raising millions. You can caution people about tokens being overvalued without making baseless accusations of outright fraud.
- homero 9y agoI'll see you in a year
- CryptoPunk 9y agoI very much look forward to us revisiting this in a year.
- jiggunjer 9y agoBitcoin had an ICO...
- kwikiel 9y agoEthereum had an ICO, first bitcoins were aquired in mining, there was no ICO/premine
- jiggunjer 9y agoThere was a guy who went around offering bitcoins for real cash. How is that not an ICO ;)
- LeoPanthera 9y agoYou can't just make stuff up. The history of bitcoin is well documented. https://en.wikipedia.org/wiki/History_of_bitcoin https://en.wikipedia.org/wiki/History_of_bitcoin
- leadingthenet 9y agoNo, it didn't?