Great post. Definitely true, although i think it's not over yet. ICOs are just getting started and expect more scammers
RE: ICOs are repeating the mistakes of first-generation crowdfunding
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ICOs are repeating the mistakes of first-generation crowdfunding
There's no question that a bubble has been created in the ETH price due to ICOs but the fact that ETH price stagnated means it wasnt a full blown ICO. So I believe you are right in that sense.
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I agree as well. I hope it's not something that will cripple the crypto economy for years when the dust clears.
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I doubt it will. Slow it down maybe, but cripple not really. Well unless the bankers really wanted it but that's unlikely it's just me being paranoid. The bankers and big time people want in not destroy it. Cheers!
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