Here are some simple tips to not get fooled by shady ICOs

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Here are some simple tips to not get fooled by shady ICOs
By Vladimir Smerkis


Today, you can invest in 149 different ICOs. In comparison, there were two per week in May 2017, and ten per day in August 2017. The promise ICOs hold is that the token’s price will grow in time, enabling investors to make a profit. Everybody wins: Investors, because they can make money out of thin air (we hope you sense the underlying danger already). The company, because they have a capital to develop the project and make some money. The clients, because the rewards they get for the product outweigh the money they invest. It’s a no-lose scenario. On paper, anyway. The truth…

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June 30, 2018 at 10:30PM
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