«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-326ee5a63139I'm wondering I've read this thread before anyway if you are going to have an opposite perspective on this: ICO's accepting cryptocurrency which has established a strong community, capitalization, and adaptability liquidity is not an issue if they are going to choose the right coin for the payment methods. The same thing with volatility, cryptocurrencies like bitcoin and ETH are the most used to buy tokens to fund the projects, volatility is the concern cause it may go down anytime but to view this on the bright side, let say you've managed to raise $1 mln in ETH and bitcoin in the bear market season, we can expect that anytime bullish trend will strike and that would be X5 or above.