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RE: How to Raise $185 Million in 5 Days With an ICO
Yes, ICOs are a viable and easier alternative for new blockchain ideas to make enough capital to succeed. However, there are many ICOs right now, like the EOS ICO, which are selling tokens that have no utility and thus no real value. And they made more than 185 million dollars in 5 days. People need to read the whitepapers of the blockchain platforms and research on them before investing money, otherwise ICOs will be seen in a negative light in the future and valuable blockchain ideas will not get too much funding.
That is true, there is a lot of crap out there in terms of ICOs, investors should be careful about doing their research. I'm wondering how well the 'Do Nothing Token' will do, which I believe is going to tell a lot about the sentiment in the ICO market, if they actually end up raising capital for something that is obviously a joke: https://news.bitcoin.com/introducing-do-nothing-technologies-blockchain-ico/
Yes saw that too! will resteem your post :)
Thanks buddy :)