This is only the beginning. Reputation will replace regulation. Capital coordination will accelerate to unprecedented levels. #ethereumpic.twitter.com/iYHO8aA0sI
If ICOs prove to be at all sustainable, it will be because social networks used well can be surprisingly good at solving agency problems.
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That's the claim. We shall see!
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That is why
@CorionPlatform boost mainstream adoption of crypto$CORION#multiwallet#ICOThanks. Twitter will use this to make your timeline better. UndoUndo
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9 out of 10 new undertakings requiring start up capital will fail. Can consumer ICO investors diversify to that degree? Unlikely.
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ICO investors are too busy congratulating themselves, long way to go before they can consider themselves "a social network used well"
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I hope that ICO's will soon replace IPO's as a whole. Perhaps even disrupt VC funding. Isn't that what the blockchain is all about!?
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No, blockchain is about immutable, decentralised, tamper proof. It has nothing to do with disrupting VC funding.
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ICO's are about disrupting traditional funding methods. And the blockchain is about including those that are excluded from the Global Market
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Is that so? I guess it have nothing to do with the the fact every Tom dick and Garry wants to set up an ICO without an MVP...
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... and that people who wanna get rich quick disregard the product, focus on the the fact that 'ICOs disruptive VC Funding yay'
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People are utilizing the technology. That's paramount.
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What technology are you referring to? As decentralised currency? As a world super computer ? Or just a way to make ICO tokens?
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Alternative means of crowdfunding. People invest in ICO's for example and thus have a vested interest in their success.
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Imagine what would happen if people used social media platforms to solve problems instead of whine about them... :) kind of happening :)
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90% of startups fail, but uh, not insanely ambitious bleeding edge ones, those are totes safe.
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So what exactly is an agency problem? Legitimately curious
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People are seeing the amazing potential of blockchain tech, BUT reading white papers has led me to believe people are woefully uneducated.
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