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Except that paying into ICO is not investing, more like donating, with very little legal action if anything goes not as expected (e.g. the ICO "founder" parting
by isoos 9y ago
Except that paying into ICO is not investing, more like donating, with very little legal action if anything goes not as expected (e.g. the ICO "founder" parting with all of the money).
- quuquuquu 9y agoThat donation becomes "speculation" if the token received from donating (i.e paying a price for a token) becomes tradable to other people. Of course it is a questionable medium to speculating in, since there is no real mechanism holding the ICO-offerer to any obligation to deliver what they say they will deliver. At least with a traditional stock market that is slightly more regulated, transparent, etc, we can reasonably expect that everyone from Apple to Zapos will attempt to deliver on what they say they will, with theoretical criminal charges being the price to pay for those who deliberately defraud investors.