Your points are valid. I'd like to point out that although some ICOs are 'unsecured' the good ones derive their value from the utility of the application. See MKR and REP.
Your points are valid. I'd like to point out that although some ICOs are 'unsecured' the good ones derive their value from the utility of the application. See MKR and REP.
You are right. Your 2 examples however have been in existence for awhile. But, yes I should have highlighted more that where the tokens are used in application then they do in face some intrinsic real value.
They have been around for a while becasue they have a solid model.