You are viewing a single comment's thread from:
RE: Encouraging Comments from SEC Chairman Clayton
It seems that a lot of ICOs are delaying until their project has some working product. This avoids the laundromat dilemma.
This is forcing the legit projects to get VC funding in the early stages to build out a working product. Then ICO to get the rest.
Yes, and destroys one of the best innovations of the industry. Meanwhile you can go buy a government lotto ticket with a 99.9999% chance of losing your money.