It's worse than that. Many of the ICOs simply say "technology doesn't exist yet - still on drawing board - invest to make it [maybe] happen"
Slick marketing documents and nice haircuts are not good evidence that some supposed technology would actually work.
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Not always bad, if they actually proved how it would work through peer-reviewed math based on sound objective assumptions.
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I like incentive hacks more: timed release, pledge w/ withdrawal option, pay-on-milestone, etc… Upfront proof is expensive!
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Excellent argument. But this should not stop us from generalizing ICO investors as stupid and launchers as scammers.
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Some feel we can create new technology just by wishing hard enough... it's been a while but we can't say this has been proven false yet. :)
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Proof by lemming deaths: 1. micropayments (original def), 2. secure DRM, 3.... Proof by science: 1. perpetual motion machines, 2. ...
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The Minimum Viable Paper Era
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Indeed! We're developing the tech first...raising funds later...if we need to! Promises and prayers don't get the job done!
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The majority of the crypto whitepapers I've read are jibberish made up of buzzwords and sleek graphics.
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It's called obfuscation. If your audience doesn't understand what you're writing, you must be smart!
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Thankfully
#bitcoin doesn't care. The best tech wins. Every. Single. Time.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Bad haircuts or a turtleneck are also not good evidence.
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Not marketing document will spread the product, u should use marketing incentivise useage of your product. Support
@CorionPlatform on it
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Fake it till you make it.
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That's fine. Just not with my money!
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It's always much easier to talk than actually walk.
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