RE: Another HUGE Ethereum Token Sale is coming - STOX!

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Another HUGE Ethereum Token Sale is coming - STOX!

in ethereum •  7 years ago 

Another betting ICO, this market seems to me to be overcrowded!

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Not overcrowded comparing with the stock market... I think we will see a lot more a loooot more ICO's

Still, the stock markets are more fun to trade than crypto markets

Hum... you know... I'm swapping!

yep..

Yeah looks like they basically stole the idea and color scheme from Auger and just put a different logo on it. lol Still it will do well in the beginning simply because Mayweather is associated. These prediction markets may be fun to play with and provide a way for some lucky people to make money within the platform but I don't think the coins are a good long term investment when compared to some of the others, at least until there are some well defined market makers. I could see this becoming like online casinos that pop in and out of existence all the time. I really like the idea of this technology but there's nothing to prevent or deter any number of copy cats from entering the space. Next thing we'll probably see is a prediction market aggregator that will combine statistics from sites like this, Auger and Knosis.

Nowadays with everything becoming open source, I bet many are just copying the codes from others, make slight changes to the UI and hey presto a money making ICO scheme!