A wiseman once mentioned that 90% of ICOs don't work and 90% of those are a scam... However, at a purist level and in the original spirit of blockchain advancement, the mechanism could be used for innovation on an unprecedented scale. Think like many others, that the recent saturation has been driven by profiteers and funded by eager speculators, hungry for the quick buck. This recent boogeyman may at least serve as a deterrent against another wave of fools gold and make way for some products with substance
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