Quote from: StockBet.com on September 08, 2017, 01:21:21 AM

There are already three projects doing the same or similar thing: Siacoin, Storj and Maidsafe.

I guess Filecoin investors never of heard of them or don't think much of them.

I think perhaps Filecoin is the first legitimate ICO legally issued to accredited investors on a crowd equity platform, thus it was probably snapped up and considered to be more professional and legitimate.

Quote from: StockBet.com on September 08, 2017, 02:01:24 AM

Quote from: TheJuice on September 08, 2017, 01:34:42 AM

Didn't EOS raise some ridiculous amount? Or am I mis remembering? I know they had a long tail to their ICO.

Last time I checked was about a week ago and I think they've raised $230 million so far.

EOS Platform tokens are securities and very likely they have been illegal issued to USA non-accredited investors. I wouldnt touch that hot potato. Could get delisted by the SEC and become illegal to trade.

Meaning if you are trading EOS Platform tokens, you may be committing a crime. This could come back to haunt you some years from now, when the regulators get around to it.

Quote from: skyline247 on September 08, 2017, 02:18:12 AM

With all die respect, $3,000,000 in 2 days is still a lot of money. That is nothing to frown over or look down upon, as you make it seem like it isn't a lot or something. Sure, it might be less than they were making, but it isn't exactly peanuts either. Tongue

It was only sold to accredited investors. The token can not be traded. It is a restricted security.

Filecoins fundraising is not an ICO, in terms of what people around here think an ICO is.