You are viewing a single comment's thread from:
RE: After ICO and IEO, We Now Have DYCO
Hello @syedumair
This is new, but I think it's a big plus.
Because as you describe it, having to pay back the money in case the project doesn't go well, is a pressure on the team behind the project to work harder, and gives some security to the investors. Which is important. Because with so many things that happened, where there were losses for many, you need an environment of trust so that you can call in investors.
Thank you for sharing this information
Absolutely.
We know that there were plenty if ICO scams in 2017 and no one was able to do something about that. DYCO is a great way to raise capital and I believe over the years, it will be a preferred way as investors won't have to worry too much about their investments.
Yeah. That was a big problem, the scams.
Hopefully that will continue to improve, just so, ensuring that investors don't lose their money, we could expand the use of the cryptos.