RE: By Far the Biggest Chunk of Tokens are Sold in Private and Pre-Sales - Some Thoughts

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By Far the Biggest Chunk of Tokens are Sold in Private and Pre-Sales - Some Thoughts

in cryptocurrency •  7 years ago 

i dont like ICOs, I like mineable coins. then you can easily see if coin works and if dev team is actually doing something. much harder to get scammed this way - and even if they do scam you eventually, they have to put much more effort in it ;)

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Bullseye! You brought out all the weaknesses of the ICO sales. Decentralized lost its meaning with this kind of greedy teams and investors.Lucky for us things are beginning to change.There are couple of projects like Ethearnal that are first with DAICO.I hope there will be more DAICO projects in the future.... so people can regain confidence.

Very true indeed! Like the non pre-mined coins in 2013 :-) Good old times!