Very good point. And I loved the blockchain horse graphic! Just thinking off the top of my head here, but I wonder if part of the reason has to do with the mentality of the tech world? In Silicon Valley, for example, there seems to be a real push to get a product to market as fast as possible. Products are released in "beta," a little bit half-baked. Companies are encouraged to create a Minimum Viable Product (MVP) rather than a fully-featured, fully-tested product. That might work with an app... but not with a blockchain project!
RE: ICO Whitepaper and the Reality.
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ICO Whitepaper and the Reality.
I think you are on to something. Some blockchain projects have been working to deliver something for years. That would not be tolerated in Silicon Valley.
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If it's an infrastructure project it might be different. But with dApps or tokenized ecosystems projects you can release a MVP/POC or a private beta (as a pilot). For example, Dpact is a microfinance project using blockchain, in less than 3 months they released a pilot (MVP) and they are doing tests to see how it will scale.
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