yes,it's a good thing,i don't like ICO
Yeah, its almost an upside down analogy. The whole future of (a new cryptocurrency) partially depends on the commitment of the lead devs and the community supporting the coin.
With an ICO its almost like you are selling out up front and [has the propensity of all the stakeholders] dissapearing. Who even invests in these ICOs? Institutions?
Whats also funny is I see most investors in the stock market chase high prices and see it in crypto. I feel that people dont buy until its already a proven success in general.
Id rather find the hidden gem and buy now.
