Half of ICOs Die Within Four Months After Token Sales Finalized

Re:Half of ICOs Die Within Four Months After Token Sales Fin... by cslarson on Monday July 09, 2018 @05:44PM (#17493684)

Golem is live. Augur is going live today. MakerDAO has a very interesting stablecoin called Dai that's live. Status' mobile app is now mainnet by default. DigixDAO is live. And many more in testnet phases. But don't let reality mess with the cynical perception that the hn crowd wants to portray!

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by avhwl on Tuesday July 10, 2018 @01:28AM (#17495682)

Both Augur [0] and MakerDAO [1] have centralized points of failure that would allow the owners of the contracts that define the tokens to halt transfers, withdraw funds, or in the case of MakerDAO, mint tokens out of thin air.

[0] https://etherscan.io/address/0x9f8f72aa9304c8b593d555f12ef65... (Line 453) [1] https://github.com/AugurProject/augur-core/search?q=onlyInBa...

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by 6nf on Monday July 09, 2018 @11:21PM (#17495183)

Is Golem actually cheaper than just renting servers from AWS?

MakerDAO and DigixDAO are just cryptocurrencies, they don't actually do anything as far as I can tell.

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by RIMR on Monday July 09, 2018 @06:55PM (#17494092)

Oh good, all of those blockchains actually function.

That totally means that they are worth investing in and that the people who created them give a damn about turning it into something more than an ICO...

The question was about success, not trivial viability as a blockchain product.

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