Are the bans and warnings on ICOs gravely serious? If it is, then why are the known venture capitalists like Sequoia Capital and Andreessen Horowitz still investing millions in ICOs?
Is the Chinese, Russian, US governments and others giving these warnings because they are scared people can fund themselves without their permission and authority?
You seem to habitually fail to pay attention to important details.
That ICO began on August 10, and only $3 million was raised in past 3 days since ICO bad news.
as accredited investors swamped the CoinList website
It is legal ICO issuance with proper disclosures and was sold only to accredited investors. It is not these scammy ICOs weve been seeing that are not correctly issued under appropriate exemption from registration.
More importantly, even legal token issuance will mean those tokens are restricted securities that can only be sold on regulated exchanges. They cant be traded decentralized and thus are not a cryptocurrency.
More details:
https://bitcointalk.org/index.php?topic=2146838.msg21616747#msg21616747The message is clear, legit companies or project would prosper while the scammy ICOs won't get anything.
Even the countries currently banning ICO are making rules for investment.