Many of the celebrities that advertise ICO's don't even know what cryptocurrencies are, All they will do is bring a bunch of sheep to Crypto that think its all quick money when in reality they will make huge losses and giving a bad reputation of crypto.
Exactly, I have stated this before in Previous article that it is so negligent of these celebrities to promote such a high risk investment to their followers.
I doubt Jamie Foxx, could tell us what an ERC-20 token is or what PoW or PoS means.
So far most ICOs have been profitable and haven't had sharp pull backs, but I fear those days are numbered as more money funnels into crypto.
Thanks for commenting!
Profitable? Everyone who bought STOX cause of Mayweather lost money. Centra is a scam and Mayweather just shilled that too. Celebs getting paid to shill. I don't blame them.
If you take a look at all the ICOs that have been done, most of them have been profitable. I'm not saying everyone, but yes, the Stox may have been not profitable for you, but for Mayweather and other people getting tokens presale at major discounts it was profitable. You can find ICO stats and ROI on them at ICO Stats.