To get to the point about Elastic Coin, the issue is the unregulated crowd funding. Again, they collect money from the wannabe rich greedy users and from the usual idiots of this microcosmos prior delivering the solution. So they create a speculative asset in the first place instead of creating a solution. The usual argument is, ohhhhh they need financial resource from the idiots to develop the software. I disagree with that. Firstly, there are notable solutions which were delivered without milking the idiots and scamming the public (the solutions of Linus Torvalds or Satoshi Nakamoto comes to mind mind as such), secondly if you need fund then go on the regulated avenues using VC and angel investors or regulated crowdfunding platforms which all provides the investors with some kind of protection. If they still want to do the crowdfunding here, then they must have reputable users on board to oversee the allocation of the fund and ensure the fund is strictly used for technology development.