The dangers of greed in the ICO world: The DAO, Bancor, Status, Tezos and EOS
Hello,
In the video below I look at the recent ICOs that managed to raise crazy amounts of money and how unhealthy it is for the whole crypto/blockchain ecosystem.
Projects covered in this video:
The DAO: https://forum.daohub.org/
Bancor Protocol: https://www.bancor.network/
Status: http://status.im/
Tezos: https://www.tezos.com/
EOS: https://eos.io/
How much money do they really need?
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good points and great video, I believe in EOS but definitely wanted to wait it out until it became more affordable, I had my fingers crossed but the recent decline didnt take it low enough.
for me personally, Dan Larimer being a part of the EOS team made it a strong investment for me, I dunno about the others but reputation definitely helped push the EOS price
Sorry can't watch the video right now will try to get to it later. I don't like ICOs they don't need to raise all these funds, just code it, prove it works be an early adopter and you are already sitting on a goldmine. If the project is good it will get attention.