Initial coin offerings, are really just Kickstarter 2.0 for today's dumb money.

in cryptocurrency •  7 years ago  (edited)

Truth be told, I would rather have funded that potato salad, of which earned itself $55,000 via a Kickstarter campaign, than to fund the great majority of shitcoins floating around these days.

I mean seriously, just look at the correlation here:

Dumb money poured into the Kickstarter scene en mass, and then once that money pond dried up, the very same professional scammers who were once on Kickstarter, are now most likely creating vaporware here on Crypto Street.

Think before you invest people, and a silly little whitepaper doesn't mean shit either!

Wait for an actual product, or at least see some history of good past products in the portfolios of the developers first, before you go throwing your money at it.

Most of the Initial Coin Offerings are Scams

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yeah be carefull with your money , I only invested into TenX and the bitdice Ico yet because the both had a working product ... There are so many ICOs promising great products ... but as soon as they got the money , they run away .

This is actually some astounding work! Followed

And I don't even try.