Post
Topic
Board Economics
Re: Is this the beginning of new crypto era?
by
LuBro
on 23/03/2018, 07:08:31 UTC
Is it me only or anyone else thinks this news are awesome?

First, Kevin O‘Leary announces he is working on a deal to offer hotel shares through ICO. Then, Lympo announces they will be distributing company shares to their token holders.

What do you think guys? Does this mean we are entering a new - assets backed - cryptocurrency stage? I am a bit skeptical as I am yet to understand how it will affect the crypto industry and tokenomics. Will we see more stringent measures or to the contrary – regulators will back down as more and more ICO will have some real assets behind them.

What are your opinions?
 

Sources to the news:
https://www.cnbc.com/2018/03/19/kevin-oleary-new-york-city-hotel-hopes-to-launch-400-million-dollar-coin-offering.html
https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm


This will definitely hit a new stage, for sure. Tbh it's really kind of a unique deal right now in the crypto area.
A growing number of people in the crypto space believe that a coin which gives an additional value to the token holders in terms of the company’s ownership is key to its success in the future.

The situation of the market at the moment is just something I say unpredictable, because so many exit scams have been carried out since the beginning of this year, the market was completely rummaged and thrown on the heap. Okay, you have to say that you can't directly predict such a market either, but certain directions can already be drawn. People are insecure and you can tell.

ICO: Asset-based coins will eventually replace small cap stocks, says "Shark Tank's" Kevin O'Leary. He explains why he is "very excited" about initial coin offerings through "smart contracts." Source: https://www.youtube.com/watch?v=IcT4-ddkgqc&feature=youtu.be
Just to get on my previous speaker, it really is a huge deal.


The G20 did not prohibit the cryptocurrency market, which meant that the market would be recognized in most countries around the world. The cryptocurrency market is gaining more and more interest from traditional financial markets and the community, the day the world uses crypto will not be too far away.

That's it, there have been rumors about regulations - which is in my opinion a really big thing, but not exactly confirmations about them. In retrospect, it was said that the whole industry of crypto currencies is far too small to debate about it. This will definitely lead to a new upswing in the crypto world. I really agree with your last point.
Stabilization must find its way onto the market. There cannot always be excessive hype, price increases of over 1000% and pump & dumps.
It's getting more support and interest, let's see where we're going.