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Question asked on Musing.io by sm-goldies

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· @sm-goldies ·
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Question asked on Musing.io
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properties (23)
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json_metadata"{"app":"musing/1.1","appTags":["Ethereum","ICO","help","harm"],"appCategory":"Ethereum","appTitle":"Do you think that the ICOs helped Ethereum or did more harm to it?","appBody":"I wonder if the ICO (some good, but also some scams) did helped Ethereum to grow or had a negative effect on it.","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
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vote details (5)
@calprut ·
Question answered on Musing.io
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properties (23)
authorcalprut
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json_metadata"{"app":"musing/1.1","appTags":["Ethereum","ICO","help","harm"],"appCategory":"Ethereum","appTitle":"Do you think that the ICOs helped Ethereum or did more harm to it?","appBody":"<p>It is very possible if a new ICO that is too free would be dangerous for the Ethereum network, especially many ICO Scams that occurred over the past few years.</p>\n<p>But on the other hand, ICO is also very much needed for the adoption of a larger Ethereum network.</p>","appDepth":2,"appParentPermlink":"fkbrbamyw","appParentAuthor":"sm-goldies","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (4)
@kouba01 ·
Question answered on Musing.io
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properties (23)
authorkouba01
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json_metadata"{"app":"musing/1.1","appTags":["Ethereum","ICO","help","harm"],"appCategory":"Ethereum","appTitle":"Do you think that the ICOs helped Ethereum or did more harm to it?","appBody":"<p>Before the explosion of the cost of ether, many companies have gone through ICO (Initial Coin Offerings) to raise funds. They have therefore amassed large quantities of cryptocurrency, which even exceed the amount of capitalization. In order to regain the liquidity generated by these ICOs, the companies were forced to put on the market the large quantities ethers previously acquired.</p>\n<p>Offer sharply rising, static demand: the consequence of this situation can only be the loss of value of this currency</p>","appDepth":2,"appParentPermlink":"fkbrbamyw","appParentAuthor":"sm-goldies","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (4)
@libert · (edited)
Do you think that the ICOs helped Ethereum or did more harm to it?
<a href="https://musing.io/q/sm-goldies/fkbrbamyw">View this answer on Musing.io</a><br />
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properties (23)
authorlibert
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json_metadata"{"app":"musing/1.1","appTags":["Ethereum","ICO","help","harm"],"appCategory":"Ethereum","appTitle":"Do you think that the ICOs helped Ethereum or did more harm to it?","appBody":"<p>ICOs helped Ethereum to be popular as it is today. However, due to many ICOs dumping of raised funds, it puts pressure on Ether's price.</p>\n<p>ICOs are kind of combination of blessing and curse to Ethereum</p>","appDepth":2,"appParentPermlink":"fkbrbamyw","appParentAuthor":"sm-goldies","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (4)
@zoneboy ·
Question answered on Musing.io
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properties (23)
authorzoneboy
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json_metadata"{"app":"musing/1.1","appTags":["Ethereum","ICO","help","harm"],"appCategory":"Ethereum","appTitle":"Do you think that the ICOs helped Ethereum or did more harm to it?","appBody":"<p>In the past during the bull run, the ICOs were a blessing to Ethereum, they help it gain popularity to be the second largest Cryptocurrency in terms of market capitalisation.</p><p>Let's look at now. ICOs are a curse to Ethereum. What the ICOs do now is to leverage on the Ethereum blockchain sell their tokens and convert the funds generated to other coins. This have a negative effect on the platform and has reflected in their position based on market capitalisation. They have been pushed to third position by ripple.</p>","appDepth":2,"appParentPermlink":"fkbrbamyw","appParentAuthor":"sm-goldies","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (4)