How To Spot Scammy Token Sales
The ICO storm has only begun. Initial Coin Offerings or ICOs is a technique many early-stage projects are using today to raise crowd-sourced funds.
While projects/startups sell a percentage of tokens to raise money, everyone who invests a.k.a tokenholders buy these tokens when they have faith on the project and expect it to become a success and subsequently the token prices to shoot up- giving them a massive ROI. This way early investors who take risks and invest in a potentially big project stand to benefit the most.
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