QUOTE(WooTz @ Jun 13 2017, 01:21 PM)
Only 125 ETH? maybe just put 5 ETH into ICO
Have 1000 ETH? yes
Waste fees only, miners happy
ICO concept is still new, many people experimenting with various ways to satisfy everyone.
By definition, ICO is really just: "Hey guys, we want to build a really good product, here's a demo and our background info, read the whitepaper, join slack and ask away!"
Then they set a date to collect the funds from public, problem is, whales always come and ruin the party for everyone.
So gnosis tried reverse dutch auction, which failed
Now TenX is doing a presale for whales, so that public gets a better chance of getting in on the ICO.
First page guide covers all forms of ICOs, ultimately you need to know what you're buying into, caveat emptor.
thanks for the insight. My plan is to buy ETH and invest in these ICOsHave 1000 ETH? yes
Waste fees only, miners happy
ICO concept is still new, many people experimenting with various ways to satisfy everyone.
By definition, ICO is really just: "Hey guys, we want to build a really good product, here's a demo and our background info, read the whitepaper, join slack and ask away!"
Then they set a date to collect the funds from public, problem is, whales always come and ruin the party for everyone.
So gnosis tried reverse dutch auction, which failed
Now TenX is doing a presale for whales, so that public gets a better chance of getting in on the ICO.
First page guide covers all forms of ICOs, ultimately you need to know what you're buying into, caveat emptor.
Jun 13 2017, 01:34 PM

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