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RE: [dtube] Vitalik Buterin: "90% of ICOs will FAIL". Really?

in #cryptocurrency7 years ago

Information is not enough, a lot of these ICO's are based on speculations and its not just enough, the main clauses are what Vitalik mentioned in his interview, and i fear they werent taken deeply into consideration, hence Vitaliks statement

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There are few thing I try to get informed about specific ICO. For example, why are they doing this? If it’s simply to provide a return on an investment, then buyer beware. If they lay out a clear vision where the value proposition is easily understood this would be a good sign. What has the team executed on in the past, together? It should first and foremost be technology related. You should be able to quickly look this up on the net. How much crypto are they offering to the public? Gauging demand for a crypto is key. Not everyone is going to want to take a position in it...

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