2 ms·
I'd say the majority of new coins/tokens are launched with something like an ICO over the past 5 years. Most/all of them are crypto-financial. I generally thin
by cwkoss 5y ago
I'd say the majority of new coins/tokens are launched with something like an ICO over the past 5 years.
Most/all of them are crypto-financial. I generally think non-crypto businesses using ICOs are extra scammy, because redemption of services is usually a squishy meatspace process - fungibility is rare. I am not a fan of 'blockchain' companies that fundraise with ICOs for IRL redemption of products or services - really gambling on the integrity of company leadership to not alter the terms before redemption.
(Personally I think 'access rights' is the only subset that is feasible for crypto<>IRL commerce - digital content DRM, event tickets, stuff like that)
Which ones are successful is certainly the subject of debate (I'd probably say "we don't know yet"), but I think over half of the top 40 coins on https://coinmarketcap.com/ https://coinmarketcap.com/ were created via ICO.