News for hackers. Stuff that matters.
Re:SEC Charges Kik With Conducting $100M Unregistered ICO by rococode on Tuesday June 04, 2019 @01:02PM (#20096953)
People lower their shields when scammy stuff comes from something they trust. Kik has been around for 8 years and was pretty popular at one point, so its long-time users wouldn't notice how much it seems like a desperate moneygrab.
Re:SEC Charges Kik With Conducting $100M Unregistered ICO by bredren on Tuesday June 04, 2019 @01:45PM (#20097400)
One is the key aspects of ICO pumping was reputation building. So, launching a currency by leveraging a trusted or recognizable name lends credibility to the extent unsophisticated people might buy and assume “they know what they’re doing.”