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RE: These ICO's are a problem... #2

in #meme7 years ago

Hahahaha! I can definitely see why you shared this post on my article about Bitquence (https://steemit.com/cryptocurrency/@ebothegrateful/crypto-ico-news-bitquence-token-crowdsale-hits-first-major-milestone-today) ... I see the whole ICO space just as I see their equity sisters in IPOs although there's a lot more proof of concept and market/product match and even just longer track records with most companies that IPO. But, there are a ton of crappy IPOs that come out and are traded over the counter and people speculate and get burned in those all day. In my opinion, it just comes down to the underlying market need or problem being solved and if there's real market demand behind the proposed solution. Then it comes down to the Team and management's ability to execute as needed to bring this solution to market and scale. I always tell people to stay with the proven coins unless you have the stomach to go the ico route, and that due diligence, due diligence, and even more due diligence is a must!

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