You are viewing a single comment's thread from:
RE: Is 99% of crypto just a con? 🤔 💵
I hate to agree with ya on this, but I agree with a lot of what you are saying here.
I hope the days of ICO's come to an end in 2018. Funding needs to go back to the way it was (just last year!) where a company would go through traditional seed funding and be held accountable for everything they do.
I say that because if you throw a token on the market to fund your company and nothing more, that token remains on the market purely as a speculative instrument.
I hope in 2018 we see the transition to purely utility based Cryptocurrencies - coins that serve a purpose - only coins that actually do something. Dont get me wrong, there are hundreds of coins out there well on their way of doing this, but there are thousands out there that arent.
"I hope in 2018 we see the transition to purely utility based Cryptocurrencies" Yeah that would be good to see. Sadly though I can't see it happening. Where there is money to be made people will push any old crap onto the market.
Thanks for the comment.