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A comment on What is an Initial Coin Offering and How Does it Work?. Parent comment

Re:What is an Initial Coin Offering and How Does it Work? by omarchowdhury on Monday July 03, 2017 @08:07PM (#14692456)
This is exactly what has to be happening.
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Re:What is an Initial Coin Offering and How Does it Work? by jonnathanson on Tuesday July 04, 2017 @12:06PM (#14696624)
Totally. I would actually be surprised if it's not the case.

I'd also expect a decent amount of what is essentially wire fraud from "startups" who never intend to ship anything.

The blockchain is a revolutionary concept, but right now it's looking like little more than a wild west of fly-by-night opportunism.

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