Loading ...There’s quite a lot going on in the crypto space right now. ICO’s left and right. Talks of government-imposed regulations in South Korea. Allegations of a copied white paper, as well as copied code. And now China is cracking down on not only ICOs and bitcoin miners, but centralized exchanges as well.
But that’s just the bad stuff covered in the media. It sends prices down, so yeah people might be more interested in that.
I think there’s a lot more going on that doesn’t quite have a spotlight on it. I’m talking about bullshit projects.
A lot of shit is being peddled to investors disguised as innovation — when it’s really business as usual. It’s pretty easy to capitalize on this crypto craze right now. Take your business idea and write up a proposal, sprinkle the word blockchain here and there, and voila! If you position it correctly in the market and get enough people excited about it, you’ll have a decent ICO in the near future.
Okay I’m exaggerating, but with all these new blockchain projects being announced, it’s hard to believe that they are all truly innovating. Read more