Post
Topic
Board Altcoin Discussion
Re: Are Ico Projects Solving Problems Of Humanity?
by
Congyang
on 14/07/2018, 09:08:01 UTC
       Blockchain is becoming popular with great innovation to existing projects. Today if a survey is conducted to know the number of people who know about blockchain technology, the numbers will be tripled as compared to previous years. Blockchain technology is indeed becoming more popular almost everyday.
Bitcoin and the other altcoins have really done well to keep  blockchain technology growing. Providing solutions to existing problems is an important aspect of blockchain technology that really fascinate me.
       The long time vision of almost all ICO projects' main aim is to provide solutions to some of the problems  facing humanity in the area of health, education  etc. Despite this main motive of most projects, most  tokens end up at the exchanges for only trading without being used for their intended purposes.
it depends on how the team from ico is using the tokens that they make using ico, if the team is only pursuing the profit I think the initial concept of ico will not be well realized. maybe the concept should go so well that the finished ico can help solve human problems and provide solutions.