Re: [ANN][Blocknet] The internet of blockchains | XBridge

Quote from: truxton on April 07, 2017, 12:13:10 PM

Quote from: john_connor on April 06, 2017, 05:29:32 PM

Cosmos raised 17 million today in ICO. It's a steal that this is less than 10% of that haha

The general consensus on Cosmos seems to be this:

Quote from: bitbitch on April 07, 2017, 11:29:05 AM

Quote from: Dlugina23 on April 07, 2017, 11:19:33 AM

How you do that,collect such money in short time?

by negotiating with VC funds in advance, getting the partners to agree the deals, postponing the ICO date until they are all ready, and then hiding the hard cap from the 'open' market to snap shut this pseudo 'ICO' instantly (this was no ICO). this was a publicity stunt masquerading as an ICO.

Anyone with a belief that the next web should be truly open and decentralised should shun this project. it's a trap.

Eth supporters don't know any better. Almost none of the ideas on eth are original or are basically centralized toys, they just lack understanding of benefits of trustless uncensorable networks. They created a media bubble where new people are drawn to it with false promises, so a lot of money goes into those ico's. That's why they only compare themselves to bitcoin, the oldest coin.