RE: Slowing Down the ICOs Frenzies

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Slowing Down the ICOs Frenzies

in blockchain •  8 years ago 

Very good first steemit post sir. Gnosis was a crazy ico, I think someone should try a dutch auction again but with a fairer distribution system to stop a startup being overvalued.

blockchain
8 years ago by

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      ·  8 years ago 

    Thanks and totally agree! I'm not entirely sure the higher price would have a dramatic impact but if the sale at least made it past the first few rounds, those that bid in round 1 would likely lose money trying to flip the tokens.

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