Post
Topic
Board Altcoin Discussion
Re: ICO's are finally coming to an end!
by
Anonymous Kid
on 26/11/2017, 15:28:01 UTC
People's enthusiasm for speculation
Sooner or later cause irreparable damage
ICO is about to disappear

The ICO will not disappear in my opinion. The main reason is new Blockchain projects needs to be developed with money raised from ICO.

Is this really true though? I mean, Ethereum had almost everything developed before their ICO and Bitcoin didn't need an ICO either. In fact, almost all coins that run on there own separate blockchains don't need an ICO at all. In my opinion, if a project really needs funds to get it too work, it is doomed from the start. That is, unless, the ICO is simply a distribution model to determine true supporters of the project; In which case, there are far better distribution models.