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FYI: I've put together an Awesome Initial Coin Offerings (ICO) Truths page. Subtitled The Art of the Steal - The Scammers' Big Lies at https://github.com/openbl

FYI: I've put together an Awesome Initial Coin Offerings (ICO) Truths page. Subtitled The Art of the Steal - The Scammers' Big Lies at https://github.com/openblockchains/awesome-ico-truths https://github.com/openblockchains/awesome-ico-truths . Buyer beware! Cheers. Prost.

erikb 8y ago
Great that you put actual examples together. I like that. But I'm not sure if you can really improve the world through that. A lot of these problems are quite obvious and if people iwll still put their money into ICOs I'm not sure anything could help that. That, I feel, is the hardest part of learning more about scams and how to protect yourself. You inevitably see a lot of people who simply can't avoid it, almost going for getting scammed like a moth goes to the lamp, never learning from bad experience that you simply can't get rich quick if you aren't already rich.
- moccachino 8y ago
  >never learning from bad experience that you simply can't get rich quick if you aren't already rich. or a scammer
- pavel_lishin 8y ago
  > A lot of these problems are quite obvious Not to everyone.
pontifier 8y ago
Even when lightning strikes, and the coin you were supposed to get goes up x50,000 good luck trying to get them if you weren't watching the people behind it like a hawk. Case in point NEM, who kept the coins from hundreds of initial stakeholders.
woodrowbarlow 8y ago
good content, but: why has it has become popular to use github in this manner? to create a repo for what is essentially a blog post?
- CocaKoala 8y ago
  I suspect it's so that people can contribute to the list through the pull request functionality that Github offers?
  - pythonaut_16 8y ago
    They could at least set it up to use Github pages then. Then you could access http://openblockchains.github.io/awesome-ico-truths http://openblockchains.github.io/awesome-ico-truths
    - geraldbauer 8y ago
      I'm the author / editor. Done. Works now with Github pages too. Cheers. Prost.
      - pythonaut_16 8y ago
        Looks good! Thanks! As an added benefit, the pages version loads much faster than loading GitHub itself!
- geraldbauer 8y ago
  I'm the author. Why not a blog post? The idea is that the page is not frozen / done and gets updated (from time-to-time) and, yes, you (in theory) can contribute too. In practice doesn't really happen.

erikb 8y ago

Great that you put actual examples together. I like that. But I'm not sure if you can really improve the world through that. A lot of these problems are quite obvious and if people iwll still put their money into ICOs I'm not sure anything could help that. That, I feel, is the hardest part of learning more about scams and how to protect yourself. You inevitably see a lot of people who simply can't avoid it, almost going for getting scammed like a moth goes to the lamp, never learning from bad experience that you simply can't get rich quick if you aren't already rich.

moccachino 8y ago
>never learning from bad experience that you simply can't get rich quick if you aren't already rich. or a scammer
pavel_lishin 8y ago
> A lot of these problems are quite obvious Not to everyone.

pontifier 8y ago

Even when lightning strikes, and the coin you were supposed to get goes up x50,000 good luck trying to get them if you weren't watching the people behind it like a hawk. Case in point NEM, who kept the coins from hundreds of initial stakeholders.

woodrowbarlow 8y ago

good content, but: why has it has become popular to use github in this manner? to create a repo for what is essentially a blog post?

CocaKoala 8y ago
I suspect it's so that people can contribute to the list through the pull request functionality that Github offers?
- pythonaut_16 8y ago
  They could at least set it up to use Github pages then. Then you could access http://openblockchains.github.io/awesome-ico-truths http://openblockchains.github.io/awesome-ico-truths
  - geraldbauer 8y ago
    I'm the author / editor. Done. Works now with Github pages too. Cheers. Prost.
    - pythonaut_16 8y ago
      Looks good! Thanks! As an added benefit, the pages version loads much faster than loading GitHub itself!
geraldbauer 8y ago
I'm the author. Why not a blog post? The idea is that the page is not frozen / done and gets updated (from time-to-time) and, yes, you (in theory) can contribute too. In practice doesn't really happen.