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RE: See ETH ICOs Craze? Meet Useless Ethereum Token!

in #ethereum7 years ago

The crypto-mania is getting out of hand... I just hope people invest prudently and do their due diligence in this sort of enviroment.

The ethereum classic chain has got a few ICO's running, almost every single one is looking pretty solid actually. Just found the Postalgia and Soundchain projects that are ICO's going to run on the classic chain.

Both stable business idea's and Postalgia even got a product out.

Not bashing ethereum in anyway, some ICO's are looking really good, but relative to the ICO's out there it's a very small amount (IMO).

Perhaps all the attention to Ethereum the last months is a major contribution to this. The attention has just sucked in people that doesn't really know exactly what they are doing dealing in anonymous cyber-currencies. Sounds kind of like paradise for scammers.

My reasoning behind this being that ETC has quite few ICO's but all feeling solid. Scammers are probably not as willing to try and scam people on the ETC chain as that community often is a bit more "involved" in the crypto-space and that the classic chain mostly is ignored by the crypto-mania investors out there (for now anyway).

And i would note again that i am not against ETHEREUM in particular, just arguing about possibilities (i know many get upset when you mention classic, probably because they are heavily invested in eth, which i understand may cause emotions)

Anyway, good post dude, its great to remind people to be a bit more careful. And lol that UET is actually being traded...

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