I have been following a few ICOs in the past but am tired of the high risks.
The fact that most whitepapers are simply business plans at best and the business models are redundant most of the times, I think is where the losses happen.
I've recently participated in a bounty program of SEED Foundation and the project is about to list on a large global exchange.
I'm thinking because they are Reverse ICO (like they did not host any ICOs until now but already have a business that's running) they should be less risky.
What do you guys think??
What are your thoughts on Reverse ICOs??
Of course it is good. Well at least they already have their product and use ICO to develop their product more. It is better than some ICOs nowadays that actually only be plan like what you said and then make product with funds that they get from ICO.