Quote from: imad07mos on June 25, 2018, 02:45:29 PM

Quote from: memority on June 25, 2018, 02:28:12 PM

Quote from: imad07mos on June 25, 2018, 12:28:22 PM

they want to get rich with ICO easy money
A successful project does not need ICO
I hate ICOs
you should gain value over time
what comes fast goes fast

This is how startup economy works: someone creates the idea and develops initial plans/technologies and so on. Then there comes a time when he needs money to actually implement it and make it successful (because it never becomes successful without any money). So he goes to investors, asks them for money, receives a couple millions or not, depending on how good the idea is. And then he starts to really work on the project, hire people, rent an office and so on and so forth. Are Google or Apple or Amazon successful projects? Well, that is how they started: by asking others to invest money to be able to use it to implement ambitious plans and become successful.
And ICO is just an independent crowd-sourced and most importantly decentralized alternative to this. Yes, there are scammers, unfortunately, but many ICOs are truly aimed at making a world a better place without making themselves dependent on governments or financial institutions. And that seems like the way for digital immortality to go.

Google and Amazon made working products long time before investors joined them.

Not exactly Wink

As for Amazon, Jeff Bezos asked his parents for the initial investment (it was about $200k, if I recall correctly). He needed money to pay employees, advertise and other basic stuff. But the next investment he got was several million USD.
And as for Google, Larry Page and Sergey Brin had indeed had a search algorithm (their university project). And it luckily happened so that their professor personally knew the abovementioned Jeff Bezos, so he got them in touch, and Jeff, now being quite wealthy, was one of the fist major investors in Google. And they initially got more than a million U.S. dollars of investment before actually making the working search system. You can say that they had a kind of MVP before getting the money.