5 ms·
purpose of web3 is to sell you a token at some 100x multiple of what the VCs paid for it (possibly zero). the token itself doesn't do anything, but it may carr
by 5350-uiop-1130 5y ago
purpose of web3 is to sell you a token at some 100x multiple of what the VCs paid for it (possibly zero).
the token itself doesn't do anything, but it may carry the illusion of hope in some form...until it doesn't.
- zomglings 5y agoDitto an IPO (especially a SPAC). So what?
- 5350-uiop-1130 5y ago>So what? two wrongs don't make a right. also if you did read the article then you will know that an IPO is regualted whereas a web3 token sale is not.
- zomglings 5y agoRegulation is developing fast* for ERC20 token sales. Most projects are very careful about the criteria under which they allow US nationals to purchase tokens (many going so far as to not sell tokens to people that come from US IPs). * As fast as the SEC can manage.