
Yes, most ICOs were exactly that: wash traded scams. But Tao has been squeaky clean.
Squeaky clean minus the fact that the dev is one of the most widely-known scam artists in crypto.
Frankly its a terrible business model. Nobody's going to buy your dead celebrity coins. But Weiner never planned on it anyway. His goal, as always, was to create the facade of a viable business in order to rake in as much money as possible, then leave his buyers holding the bag as he moves on to his next fleecing. People don't change.
Seriously, if he's running a scam, why would he be so amazingly foolish as to invite the attention of regulators? Why? Why?
Are you claiming he's going to start the exchange, run the ODBcoin sale, run off with the money immediately and screw over Wu-Tang and Young Dirty without going to jail? Or do you think Young Dirty and Wu-Tang, and his other associates like Peter Rafelson are part of the scam? Is the SEC too? I bet that's it, he's enlisted a federal regulatory agency to help him pull of his totes real scam.
Or maybe he's so insidious that he's going to run this scam for the next year or even several years, selling officially licensed digital merchandise to fans, splitting the profits 50/50 with the artists, which is much better than what they usually get. Making them money while giving their fans a new way to show their fandom and connect with the artists, raking in as much money as possible for year after year.
Hm. Which would he do. That, or go to jail after running off after a short time.
Gee. Hmm. I wonder which he'll do. Hmmm.
It's a puzzler.
