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0 pointsvasilipupkin8y ago0 comments

most ICOs are done by startups that haven't built their businesses yet - that's why they are raising money. Many of them seem like legitimate businesses that could fail but also could succeed.

0 comments

uberrr8y ago

So you can't name a single legitimate business that's doing an ico?

vasilipupkinOP8y ago

filecoin. storj. factom, ripple, omega one. golem, iconomi there are tons of them.

gritzko8y ago

Filecoin? Consider Bit Torrent seeding/bandwidth. It is too cheap to count for at least 10 years. Even tit-for-tat is no longer necessary since LEDBAT was rolled out (circa 2010).

The stuff they are going to count "on the blockchain" is too cheap to count! Well, and blockchain transactions are kind of expensive and slow. See the problem?

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uberrr8y ago

Those companies have products available that consumers pay real money for?

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0 pointsvasilipupkin8y ago0 comments

most ICOs are done by startups that haven't built their businesses yet - that's why they are raising money. Many of them seem like legitimate businesses that could fail but also could succeed.

0 comments

uberrr8y ago

So you can't name a single legitimate business that's doing an ico?

vasilipupkinOP8y ago

filecoin. storj. factom, ripple, omega one. golem, iconomi there are tons of them.

gritzko8y ago

Filecoin? Consider Bit Torrent seeding/bandwidth. It is too cheap to count for at least 10 years. Even tit-for-tat is no longer necessary since LEDBAT was rolled out (circa 2010).

The stuff they are going to count "on the blockchain" is too cheap to count! Well, and blockchain transactions are kind of expensive and slow. See the problem?

1 more reply

uberrr8y ago

Those companies have products available that consumers pay real money for?

1 more reply

j / k navigate · click thread line to collapse