«Thats whats happening to todays ICOs. They are raising an eye-watering amount of funds (over 1 billion in 2018 alone), but once the funds are in their wallet, its incredibly hard to use them in a practical way.
Here are the two critical issues: liquidity and volatility. The former breaks down like this, I raise $1 million in ETH but I cant use it to pay my rent. The latter, I raise $1 million in ETH but its value could drop drastically in the same afternoon. Now Im asking myself
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Read full post: https://medium.com/@globcoin_io/what-can-icos-learn-from-the-electrification-of-cars-326ee5a63139We still are not ready to use crypto currency in our daily life so if you are investing in crypto just wait for the time surely it will come when we use cryptos for everything.But if you have 1 Million in ETH you just simply go to an exchange where you can sell that ETH and pay the rent just easy.