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RE: My though about ICO and token sales

in #cryptocurrency7 years ago

Even with the case where a fraction of the total supply is issued in the ICO to pay the team, then this part of the coins that are used as investment in share holding should be set appart from the rest of token used for then functioning of the platform that use the token as a currency, and the token sold as share in the ico backed with the investment money with accountability, even if the rest of the coin are to be exchanged to users to make transaction on the platform.

Otherwise its very blurred what the people being paid with the token seen as a currency are actualky paid with ..

Is it a unit of value for micro transaction, a share backed by capital, or just whatever price will be available on exchange at the time they get the actual paiment.

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