RE: Am I missing something with regards to the #ICO craze?

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Am I missing something with regards to the #ICO craze?

in cryptocurrency •  7 years ago 

I believe there is a lot of red tape involved in other forms of fund raising. Red tape has good and bad features. The blockchain though has a unique possibility of opening up another form of organization. We have had sole proprietorships, businesses, cooperatives, clubs, and more. I would sort of guess that block chained decentralized organizations will fall under a company sub-heading -when economists write the history books in 30 years. But giving people equity in turn for working on and contributing to projects. -Like Steemit- has an enormous potential. Wikipedia, and Linux show are willing to contribute when they are able; but taking those motivations combined with a blockchain and cryptocurrency has some interesting and exciting publications.

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Thank you! Would certainly be interesting to ready about this in 30 years. (-;