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.

📉 Falling 0.1x Finance & Crypto
3,282
Comments
13
Years Active
5
Top Authors
#7817
Topic ID

Activity Over Time

2013
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2019
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Keywords

PR DAO FB HN gumroad.com ZAG i.e ERC20 medium.com forbes.com ico money sec equity founders crypto raise money supervision investors funding

Sample Comments

snissn Aug 4, 2017 View on HN

What about all the ICO's that are just money grabs?

MarshallHayner Dec 5, 2014 View on HN

If you want to talk about ICO's then maybe.

lm555 Dec 1, 2017 View on HN

What about ICOs didn't they some kind of seed funding?

grsmto Sep 6, 2018 View on HN

They did an ICO. Just like every companies with written "decentralized" in the baseline.

vasilipupkin Sep 4, 2017 View on HN

Some of them do, like factom. others are raising money through the ICO to build those products. Is that a bad thing ?

yehosef Mar 5, 2018 View on HN

I can't believe there is not an ICO in there somewhere.

matkoniecz Apr 3, 2021 View on HN

ICOs seems to have vastly higher rate of fraud than say Kickstarter

Ihfhcub Jan 17, 2018 View on HN

It's not possible because there is no such technology. It's just a marketing word to sell ICOs

matte_black Jul 9, 2018 View on HN

Is there legit money to be made in ICOs without running a fraud?

gnode Feb 16, 2018 View on HN

Sounds like typical ICO marketing.