Viewing a response to: @cloudblade/re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181209t093220272z
Great comment @cloudblade I also think that many business owners wanted just to raise money and run away. I personally know 2 ICOs that were created only for that purpose. "Hit and run". Lack of regulations, lack of responsibilities = opportunities for abuse. Abuse that crashed trust towards ICO. > Ethereum price dropped considerably , I think is Because it lost to the global economy. Also partly because in 2017 we had so many new ICOs launched on ETH, which resulted in great demand. And now all those projects need to keep selling their ETH in order to cover real operating costs (which are usually in fiat currency). > SECURITY TOKENS (STO) seems to be a better market than ICO. Agree on that. STO will most likely bring another wave of trust towards crypto market. Cheers Piotr
author | crypto.piotr |
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permlink | re-cloudblade-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181210t064647605z |
category | crypto |
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ICO that should help ETH grow, Abuse by people, That's no way, Things are artificial, But STO is less likely to be abused.
author | cloudblade |
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permlink | re-cryptopiotr-re-cloudblade-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181210t125626574z |
category | crypto |
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Dear @cloudblade I love how responsive you are buddy. I'm so glad that I had a chance to get to know you lately. You're so very supportive. LOVE IT :) > But STO is less likely to be abused. I agree. ps. did you hear that STO just got banned in China? insane. Yours Piotr
author | crypto.piotr |
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permlink | re-cloudblade-re-cryptopiotr-re-cloudblade-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181211t062030291z |
category | crypto |
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Uh ah, I know, That news very big recently. China does not recognize the legitimacy of STO. If You think to Issued STO in China, if you are Chinese People , then Government would grab you, if you are not Chinese People , is Foreigners , Government would Drive away you. But the US already has STC. The US is the default. Government of china Very swaying. There are several exchanges in China, office exchange not want to shut down it, but They had closed by the government. So STO want to open in the Chinese market, because they do not Dredge ok with Government officer. in China, think open, must Privately first Dredge. They have not found the government, Post STO yourself, absolutely dead and hard to rejuvenate
author | cloudblade |
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permlink | re-cryptopiotr-re-cloudblade-re-cryptopiotr-re-cloudblade-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181211t072741161z |
category | crypto |
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