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RE: Introducing vote2ico

in #introduceyourself7 years ago (edited)

ಠ_ಠ

vote2ico aims to disrupt the initial hurdles to the ICO process, such as raising the first $1,000 required to advertise your ICO.

How is having to raise 1000$ to advertise an ICO not a reasonable barrier of entry to taking people moneys / issuing securities?

I believe 99% of ICOs are either scam or garbage and don't want to artificially give them attention on Steem in exchange of future promise of monetary value.

Why wouldn't ICOs just buy votes to get onto Steemit trending page?

Given the vote buying situation, I have no doubt they'll find some greedy whale's willing to help them promote anything to the community for a quick buck.

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I was beginning to write something along these lines... but you said it best... this is a terrible idea, and a net negative for Steem... I sincerely hope people don't back this idea...

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