Legit ICO's like Confideal will live. Scam ICO's may die. Do anyone know what may be next in this situation?
Not familiar with Confideal, but I 100% agree with this statement. The shit ICO bubble is bursting.
I'm personally burnt out by ICOs and the most recent ones (over the past month or so) have tanked when they hit the exchanges.
ICOs are asking for WAY too much money and are valuing their tokens at much too high of a price, especially considering the supply of some.
Investors should stop throwing money into the 90% of shit out there.
I don't think ICOs will be dead but I do think that this bubble will remove the majority of trash out there.
I totally agree. And this will be a major benefit to the stable, well run ICO's that have been waiting to come out. We've been riding out the bubble so that we may emerge afterwards, which I think will ultimately be beneficial.