Re:Ask HN: Would you join startup doing ICO
by goldenbeet on Tuesday August 15, 2017 @01:44PM
(#15020499)
So normally the idea of doing an ICO isn't really an issue for me. I care more about the product and the tech behind it. If it's something I believe in then I could care less about whether or not they decide to do an ICO.
However in this case, the phrasing of:
> considering implementing part of the product using blockchain tech just to get potential of rising founds with ICO
would have me worried. The idea of trying to go for a cash grab just because they can doesn't sound like a good idea. If the product isn't directly related to blockchain tech/decentralization then trying to incorporate it just for an ICO is a bad move, imo.
Re:Ask HN: Would you join startup doing ICO
by krakr on Tuesday August 15, 2017 @05:58PM
(#15023077)
well they have a good story that sounds realistic of why they 'want' to use blockchain. But it is not really solving any problems, it's not going to make a product better.
However in this case, the phrasing of:
> considering implementing part of the product using blockchain tech just to get potential of rising founds with ICO
would have me worried. The idea of trying to go for a cash grab just because they can doesn't sound like a good idea. If the product isn't directly related to blockchain tech/decentralization then trying to incorporate it just for an ICO is a bad move, imo.