Post
Topic
Board Altcoin Discussion
Re: about the future of the ICO
by
stock999
on 25/10/2018, 23:40:49 UTC
we know that ICO is very scam and it's like mushrooms that grow in the rainy season and are very influential with crypto electability.
and my question is what do you think of the future of the ICO?

what is your opinion about this.
Just look in the history 50-100 years back. There was the same story with paper shares. the same ratio between scams and reliable projects.
It doesn't matter in which form shares( or promissory notes, or other assets) are issued, either on paper or like a crypto token. The form of shares doesn't protect you from a scam, you should take care  yourself.

I believe that cryptocurrency is just the next wave of money evolution. It will replace fiat money in future, and  all attributes of the existing financial system will be changed too. So ICO should replace completely  the existing now IPO(paper shares). That is a future.