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Re: [ANN][ABT] ArcBlock - BORN FOR BLOCKCHAIN 3.0
by
Apekool
on 03/02/2018, 04:36:52 UTC
Quote from: iSkyCastle on February 03, 2018, 02:52:46 AM
It seems most projects are selling more tokens in the private sale stage than ICOs now..

Simple reason, most are frauds and with a private sale they fuel the hype created by their media and bounty crew.

FINRA article about ICO's/IPO's:

Pre-IPO Offerings—These Scammers Are Not Your Friends

and

Quote
INVESTOR BULLETIN: INITIAL COIN OFFERINGS
07/25/2017

Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital.  These activities may provide fair and lawful investment opportunities.  However, new technologies and financial products, such as those associated with ICOs, can be used improperly to entice investors with the promise of high returns in a new investment space. The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to make investors aware of potential risks of participating in ICOs.

(full bulletin linked)