RE: This week on Ethereum and the increase development in ICOs (Bancor, TenX, Status)

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This week on Ethereum and the increase development in ICOs (Bancor, TenX, Status)

in steemit •  7 years ago 

I think that ICOs are going to ruin the image we have created for our community and it's going to make the cryptoworld look like a get rich quick scheme. And will distract from the legitimate usage and services that crypto can provide, I am hoping that we will see a slow down soon of ICO's..

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It will be interesting to see their development and how it plays out. There's potential for good and of course there will be people who will try and take advantage of that.

The problem is these coins are all starting to seem the same... If we can get another wave of decent coins that would be awesome.

If you do your research there are some pretty unique coins out there. Yes there are a lot of "garbage coins" but natural selection should rule them out sooner or later. That's why it is important to do your research before you invest.