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RE: Crazy ICO of Monaco
Many of the now popular coins have never had a pre sale. EOS has a ico soon and the total supply will be 1 billion. You think they will get any investor crazy enough to show up for that?
If the do we must re evaluate altcoins.
Block.one set a long fundraising window — 341 days — in an attempt to counter this flash-raise phenomenon, the company said. It’s unclear whether that long window did anything to relax investor enthusiasm. So far the company has sold 20 percent of a total 1 billion EOS tokens being distributed.
Oh ok so its clearly started. Well stupid people should not have that much money anyway.