Quote from: mumpaa on February 04, 2017, 05:51:37 AM

What does a ICO mean exactly for a cryptocurrency?

It means Initial Coin Offering.

Quote from: malcovixeffect on February 04, 2017, 12:01:49 AM

Recent ICO scam: https://bitcointalk.org/index.php?topic=1749935.0
Im sure that everyday we notice new ICO coins being created and some has an insane plans like for example $1 = 1 token LMAO!. My thoughts are if there purpose wasn't to scam but they do have the intention to collect the money all they can to secure their lives for a couple of years.

what are your thoughts?

They can't be moderated and they will just keep on creating new names of ICO's and other types of scheming to keep their shady way of earning.

Investing is really risky and because of these scams, this will make us more cautious upon investing in to such projects.