The current ICO bubble on the Ethereum Network is comparable to the excessive speculative investments seen in IPO's that caused the dot-com bubble to crash in 2001. Similar to the IPO's during the dot-com bubble, an ICO allows token based companies to raise a substantial amount of money without having ever made a profit—or, in some cases, realized any material revenue whatsoever. It will be interesting to see what token based companies can maintain value over the coming years.
Well written
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I wrote a post about my own view on the whole bubble thing. My point is very simple, if each one of us do not make their part, we can ruin the party. If we get enough bad examples out on the street we'll sure piss off a bunch of regulators and traditional investors, and that will likely limit the whole of crypto and blockchain economy's growth. Also, don't miss out on the CFA Institute's view on the ICO Bubble
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