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Except that companies have real (and for bigcorp, relatively stable) value, and that you are entitled to a fraction of it's dividend payouts (if it pays out div
by svennek 9y ago
Except that companies have real (and for bigcorp, relatively stable) value, and that you are entitled to a fraction of it's dividend payouts (if it pays out dividends)
- baby 9y agoLegit ICOs work the same way. They have a solid product to support.
- svennek 9y agoI fail to see the value of "legit ico" vs. stocks.. The only real difference is the lack of oversight and "common rules" - both of which I value when I invest my own money... Stock (or bonds for that matter) have a long and stable legal history and are mostly standardized and well understood. (Not that investing in them is easy, I primarily buy ETFs). ICOs are more wild-west anything goes, which just opens up so many cans of worms IMHO.. And if/when it gets too big or to wild-west all financial bodies declares the securities and they are then under the exact same rules...
- alexasmyths 9y ago"Legit ICOs work the same way. " No - they don't. 'Shares' give you ownership of the companies assets. ICO 'Coins' give you ownership of a made up number - nothing more.