ARTICLE: The Power of No ICO

 Cryptocurrencies have become the latest get rich scheme. New people are being introduced to cryptocurrencies every day largely because of the insane investment potential. They hear stories of regular people's financial situations changing significantly with small amounts of capital investment. They get introduced to Coinmarketcap.com, they start to review the charts of the top 50-100 cryptos, and they notice a mind blowing trend -- the large majority of these cryptos were once sold for skittles!

Now cryptoworld is one that can be very technical. The future (to me) of the real world looks like we're moving to a very technical society as public schools slowly start to integrate programming courses into their curriculums. I mean, I recently heard of a new (high) school built where every student would have access to their OWN computer. That said, we've still got a long way to go before we live in a world where the majority of people know some form of programming. Programming, cyber security, networking, and other technical fields are still largely overwhelming and intimidating for the average person. To put it bluntly, right now, I don't think the average person thinks participating in the aforementioned technical activities is the "cool" thing to do.

I say all that to say that my belief is that there is a LARGE contingent of newcomers to the (crypto) game that don't care or understand about the underlying technology of cryptos or the power of a community that works together. In fact, I work with programmers (I am a tester), and they don't even realize that the crypto world is basically a worldwide open source programming community. I mention crypto forks to them, and they have NO CLUE what I'm talking about, lol, yet they use repositories like Github on a regular basis. The bottom line here is that many people see dollar signs before they see anything deeper when it comes to cryptos.

Let's go back to the point to where a large majority of these cryptos that have increased 100-1000 times were once sold for skittles. At some point, smart investors thinks to themselves, "I have to find something I can get in at the ground floor to maximize investment potential"; this is where the ICO game begins. Prior to getting involved in an ICO, the investor really only notices the positives of ICOs. There's a huge problem with people that are quickly introduced to ICOs before learning historically about cryptos -- You are learning the game backwards.

While I'm willing to concede there are positives to ICOs, I'm here to the state some of the negatives and misconceptions. Please only consider the present climate of ICOs for this exercise:

-ICOs don't always bring immediate positive investment returns. A large majority of ICOs at some point go below ICO price when they hit exchanges. Many of the ICOs that do go up immediately often only stay up for 24-72 hours, before savvy investors sell to realize profits before the cryptocurrency tanks. Newcomers to ICOs often don't realize they have a small window to sell before they get stuck with heavy bags of cryptos. You don't have to participate in an ICO to get a price at, near, or even below ICO cost on even the BEST cryptos.

-ICOs are largely unregulated and may be subject to significant regulation by NUMEROUS governmental jurisdictions. Lord knows what impact that can have on the company you invested in. Worst case scenario, regulation strikes and cripples the company you invested in, likely crippling your investment. We've gotten a SMALL taste of this with the recent China ICO bans; who knows what the future holds for ICOs on this front.

-The LARGE majority of the time you're paying purely for a vision and not an actual live product when you participate in an ICO. An ICO may not even have any existing business relationships in the field they wish to operate. ICOs will tell you they are the first to do this or that, but often times there are already numerous cryptocurrencies that already do EXACTLY this and that, lol. There's a decent chance that ICOs haven't even analyzed their competitors in the space they wish to operate. They may not be aware of the significant business and legal challenges they may face on the road ahead that have NOTHING to do with programming. They may not even have significant business experience in the field they wish to operate AT ALL, lol. If this was Shark Tank, many of these ICOs would get ripped to shreds (preferably by Mr. Wonderful) and sent off with no money.

-ICOs can create a "fake" community atmosphere...Remember the statement of learning the game backwards? Well, a cryptocurrency's community is one of THE MOST IMPORTANT aspects of that cryptocurrency. A cryptocurrency needs way more than just financial investment support. A cryptocurrency that doesn't have a solid community foundation will likely fail when that monetary well inevitably runs dry. Many casual investors don't understand the importance of community. I urge you to look any successful crypto currency and check out it's community/ecosystem. You'll quickly realize that behind every strong crypto is a strong, active, supporting community.

-Did I mention that ICOs are currently one of the EASIEST ways for a business to raise capital? This isn't a world where only accredited investors are allowed (so that regular investors are protected from their own selfish lust of money). Enter all the con artists you can think of. It's simple: Pay someone to spin up a nice whitepaper, post a team with Linked in profiles exaggerating their skills, pull some random advisors out of thin air, use some popular key words like "decentralize" and "disrupt", fix the supply #s to be very enticing based on the ICO price, and that should pretty much undress a large contingent of people for a good 30 million dollars in an hour or two. Have you seen some of the elaborate schemes on American Greed that people create for far less money?? Yeah, it doesn't even take that much thought in this world...As the smoke clears over the years, more and more ICOs will turn out to be scams. The question here is, can you honestly say you've done your due diligence on every ICO you've participated in? Do you really think the average investor does their due diligence or are they just followers?

-Oh yeah, don’t forget about the phishing epidemic that currently plagues the crypto world. ICOs are one of the easiest and most obvious money grab targets for hackers/phishers across the globe. Innocent investors that don’t understand the difference between a contract address and a human’s Ethereum address are getting leached for ridiculous amounts of money. Social mediums and websites that facilitate ICOs are being hacked and the real ICO contract addresses are being replaced with a hacker’s address. If you’re new to this world, unless the hacker wants to give the cryptocurrency you paid with back out of the kindness of his/her heart, you won’t be getting that money back, lol. Just assume you won’t be getting that money back, because you won’t, and no one at this time will be able to recover your money either. It sucks, but that’s just the harsh reality…

WELP, the good news is that NONE of the above applies to DEEP ONION, because there WAS NO ICO! The majority of Onion holders were given their Onions for FREE. There is NO RISK in getting something for free!!! Additionally, this free distribution was done with the utmost transparency, but let's be real here, EVEN IF IT WASN'T, once again, WHAT DO YOU HAVE TO LOSE WHEN YOU GET ONIONS FOR FREE!! This isn't rocket science ladies and gentlemen, lol, this is actually pretty simple. You're being provided with a once in a lifetime opportunity to have a SIGNIFICANT stake in something with massive potential.

Join the Deep Onion airdrop now: https://deeponion.org/?ref=1045734 (DeepOnion - Your Anonymity Guarantee... Stay Safe!)

If not currently eligible for the airdrop, work your way up the ranks and apply later. For now support the community and still get free onions for your support: https://deeponion.org/apply.php?ref=1045734 (DeepOnion Community Central)

The only thing we ask, is that you bring a positive attitude of support to the community. Not everyone has to bring technical expertise to the community. Bring whatever skills you possess to the community (even if it’s just showing consistent love and support) and get involved. Be a positive part of this movement and Deep Onion will impact your life in ways you never imagined! Come grow your garden with us!

And of course it wouldn’t be right without a shoutout to all my current onion hodlers and stakers out there, SALUTE! Onion 300 in the building!

Thanks for reading.

Onion tips go here: DZJw1WXLrmVWVE9uUqV2azxaznkXxHZw6g

Disclaimer: Some of the best investment advice I can ever give a person is to never invest solely based on the opinions or advice of one person, it’s just not logical. As always please do your own due diligence in anything you invest in.