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IPFS News Link • Blockchain

Good, Bad and Ugly Side of ICOs

•, By Nick Ayton

Why are so many ICOs structured poorly with little or no chance of delivering anything for those who have invested? Or maybe it is the core ICO proposition that doesn't really improve on what is currently available in the market, naively thinking that by adding decentralisation you immediately improve on things. Or maybe the project team creates the marketing hype that reaches out to investors and masks the reality of what is actually going on...

I have spoken to literally hundreds of ICO project owners and read through an equal amount of White Papers. So why are there so few genuinely good ICOs are coming forward… Or is it because this new means of raising capital is attracting a greater number of inexperienced, first time entrepreneurs that think they can raise the odd $10m on the strength of a 'White Paper'…?