RE: My Thoughts On Steemit's Smart Media Contract Announcement
It seems that the flashier the website, the greater the risk that the ico is a scam.
There is a huge... chasm between a person who has a great idea and the technical expertise to make the back end work, and someone who is a great marketing / copywriter.
The first has almost no clue how to make a presentation, white paper, web site. And the later has no idea how to make a real product.
In our world, the marketing person seems to get all of the attention. And, that is probably normal, because if you don't understand the technical stuff, then you are just down to how well the site makes you feel.
The sad part is that if you get a marketing person to work with the tech person, the marketing person will take over. Because, they have so much more Emotional Intelligence. However, they are the last person who should take over, because they are nothing without the actual product. And no matter how hard they try, they can never make the product.
Yeah it is very true. Once in awhile you get someone who somewhat possesses both of those abilities but it is rare. Someone perhaps like a Bill Gates or an Elon Musk. I'm not sure how much technical stuff Elon is doing these days but he is certainly smart and can inspire people.
The ICO scam stuff is really bad and it pisses me off to see some of the money that things are bringing in. It is like people are more willing to take a complete gamble on something that really has nothing to show for it instead of investing in something like STEEM that is a real live functioning system.
Hopefully the system can eventually overcome a lot of the negative feelings toward it that many had from a year ago. I think it will eventually get past that.