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What is an ICO
almost 2 years ago
What the hell is an ICO ? And why the f#ck does something like Tezos fundraised more than 65,697 BTC and 361,122 ETH, which in total stands for around:
271,328,610 USD ...
Jokes aside, I've dig a bit more on the project and found out that their main value proposition, relies on their whitepaper which explains their tech.
So I went further and found their github, where I discovered they only have ~510 commits and 1 contributor... !
This has got to be a joke...
1 guy in his laptop is in control of ~$US 300 MM...
Well.. I decided that instead of observing how this massive scale situation is being carried out by who-the-fuck knows, I'd go public and make a Crowdsale of my programmed Tokens, using the Ethereum network.
For all intended purposes, this video can clarify A LOT in regards of functionality, criteria and risks of investment:<div class="text-center"> <iframe width="1120" height="630" src="https://www.youtube.com/embed/3U6wdkke6Js" frameborder="0" allowfullscreen></iframe> </div>
Take a look at what Filecoin did.