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How much money is actually raised during ICOs? Market cap is based on marginal pricing, so it's completely meaningless in a cryptocurrency.
by Aunche 9y ago
How much money is actually raised during ICOs? Market cap is based on marginal pricing, so it's completely meaningless in a cryptocurrency.
- brightball 9y agoI always wonder who actually validates the money when somebody says they raised $20 mil in a private ICO. What keeps people from just claiming that to make other investors more willing and give an appearance of legitimacy?