Post
Topic
Board Economics
Re: Is this the beginning of new crypto era?
by
Ctn
on 09/04/2018, 17:40:17 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


Hm, there are already more than sufficient people who are trying hard to push the crypto currencies further however there are double than that who are actually trying to take it down. This technological advancement actually has turned into Cold War where people want the crypto currency badly but there are also regulatory bodies who are trying to avoid them at the same time.

Quote
What do you think guys? Does this mean we are entering a new - assets backed - cryptocurrency stage?

This has already happened but we are not giving it the scope which it should have been getting until now. What is wrong ? The wrong thing that happened is we started using the crypto currencies as way of earning money but not as currency!! That makes huge difference between the tech that was created for something but ended up with something else.  Tongue