Decentraland is exactly what's wrong with ICOssteemCreated with Sketch.

in cryptocurrency •  7 years ago 

Decentraland ICO lasted approximately 30 seconds, with only whales and speculators buying in.

The situation is very similar to what happened previously with BAT and a few other greed inspired ICOs. But in this case, it's worse than all of them, because Decentraland is a multiplayer world that truely needs early-adopters. Screwing over the community base because of greed and negligence is a great way to ruin everything.

The perfect ICO might be impossible, but projects such as 0x has shown that good enough solutions are definitely possible.

Paul Graham has famously said "Ideas are worthless". What's really valuable are intellectually honest entrepenurs that can step up and execute. I'd love to see one more or team step and execute the "land as a scarce resource on blockchain" idea the right way.

Screen Shot 2017-08-18 at 7.24.45 AM.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Total stupidity by the Decentraland team.

Congratulations @tstyle! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The results, the winners and the prizes

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @tstyle! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!