Post
Topic
Board Altcoin Discussion
Re: Too many ICO - new scam scheme?
by
olubams
on 13/06/2017, 15:01:22 UTC
I have just noticed that there are too many ICO around and most of the projects are similar to each other. As you can see, we both have monaco ICO and token card ICO. DO you think that it is worth to invest in ICO? I have a strong feeling that there are many people abusing the ICO in order to build a new kind of MLM scheme. People will lose their money once the coin get on some exchange.
Every new ICOs will come out as the next best thing to happen to the crypto-world but in all they are just another repetition of what has happened in the past. However, that is not to say some are breaking the norm of just created a coin at least there is one, sun contract which is all about exploiting solar energy, if the developers are serious then that one gets my attention. The bone of contention is for one to do adequate analysis of what he wants to out money into.