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Cryptocurrency discussions / Death of ICOs and Bounties?
« on: November 17, 2018, 06:43:45 PM »
I used to think that the only way ICOs would end is when developers fund their own project but recent ruling by the US SEC suggests otherwise.
This action by the SEC could force project founders to raise funds thru Venture Capital instead of a public sale. If that ever happens, there's probably no need to use the services of bounty hunters.
Have you ever thought about this?
Quote
The recent crackdown on two initial coin offerings (ICOs) Paragon and AirFox by the U.S. Securities and Exchange Commission (SEC) could lead to many blockchain and crypto projects declaring bankruptcy in the coming months.Full story: https://www.ccn.com/how-secs-paragon-ruling-could-send-many-crypto-icos-to-bankruptcy/amp/
This action by the SEC could force project founders to raise funds thru Venture Capital instead of a public sale. If that ever happens, there's probably no need to use the services of bounty hunters.
Have you ever thought about this?