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RE: Filecoin ICO To Kick Off On August 7th - And It's Not What You'd Expect

in #blockchain7 years ago

The whole ICO process needs a positive change. While regulation eliminates simple people from investing, having some ICO's that have certain requirements will only improve prestige of the process and also prevent from possible speculation bubble. I would not want all ICO's prohibit me from investing if i have made such a decision though, as again rich become richer and the loop closes once again. And the only requirement of having huge amounts of assets does not seem fair. being able to put up a fund does not mean that your investments are reasonable or guaranteed in profit. As we already can see what a low success rate there is in traditional startups.