ICO Skepticism
This cluster centers on discussions criticizing Initial Coin Offerings (ICOs) as frequent scams, money grabs, or fraudulent schemes, questioning their legitimacy, success rates, and comparisons to traditional fundraising like Kickstarter.
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What about all the ICO's that are just money grabs?
If you want to talk about ICO's then maybe.
What about ICOs didn't they some kind of seed funding?
They did an ICO. Just like every companies with written "decentralized" in the baseline.
Some of them do, like factom. others are raising money through the ICO to build those products. Is that a bad thing ?
I can't believe there is not an ICO in there somewhere.
ICOs seems to have vastly higher rate of fraud than say Kickstarter
It's not possible because there is no such technology. It's just a marketing word to sell ICOs
Is there legit money to be made in ICOs without running a fraud?
Sounds like typical ICO marketing.