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RE: Why is the ICO Failure rate at 92% ?
100% with you what also bothers me about ICO's is theres no liablity so you invest you lose your money oh sorry. If i'm a shareholder in a technical sense i'd like to recoup something like A selling off the assets or IP to someone else once the fund liquidates. Also key individuals in the ICO should be liable for loss of funds to a certain extent.
ICO's are being seen as donations or crowdfunding but its more like a capital drive and with the money raised from these ICOs' there needs to be some responsiblity for funds and outcome good or bad. I really like the concept of an ILP which i did a review on here
Could be the start of a self regulating ICO