Now people are running back initial coin offerings and most of them taking this an advantage to fill their pockets and to loot public money. In-depth analysis is required before investing. People should know who are the promoters and their back ground and reputation.
I like toast 🍞
stupid
I like toast 🍞
they got hacked. I guess one cannot be too vigilant
Yeah. Similarly what was Tezos? It may be legit or not but how can people invest into an ICO with no cap & in a company full of strangers with no name credibility? Then it hits the news as the biggest ICO ever, obviously if there isn't any cap people will keep pouring in. That's fishy and shows they don't have any concrete plans neither there is any accounting/budgeting team which could calculate the cost as they progress into different cycles of their project. It's like Husband and Wife opening a donation shop for their own team. I would be happy if I am wrong but time would prove that.
Yes, immense research is required before putting your hard earned money. Everyone should be made aware of that there is nothing called as "Get rich quick" thing. You have to be smart and invest wisely.