Yes we saw a boom with the ICO market, did many of those projects see the light of day? no. Did we lose money? yes? Did we gain invaluable lessions for the future? Yes!
I think STO's, ILO's and LCO's are great medium-term solutions to bring in both private and institutional money into blockchain but this should not be where the money comes from. The money needs to come from providing services of value not creating more speculative assets on the blockchain
I think this is a great step into getting money in and starting to take accountability for projects and also hopefully take power away from centralised exchanges. We havnt figured out this blockchain thing yet but once we do and the first few companies actually producing real world value come to fruition its going to be a gold rush like we've never seen before
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To be honest in the beginning I think it’s more of a gimmick than anything else! Companies are seeing hey this blockchain thing is getting funding let’s get in on it, but the true test is going to be can they deal with the transparency investors will have now and secondly how much of the “blockchain” concept will be used? Will it be decentralized? Will it be an open system? Will the tokens be pegged to assets of the company?
There’s just too many questions I think this will be another experimental phase where each company has their own take on this that they feel works to their favour
I’m not fully convinced but if it can bring more money and confidence into crypto it’s for the greater good I suppose
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Great comment @chekohler
I wonder what is your lesson?
My lesson is, that mass media brought to much attention and speculative investors into technology and market which was just slowly developing.
To some degree I think you're right. However, I think people are quite divided with their opinions and I believe that demand should be coming from all possible directions.
Again: great comment
Piotr