Tag: ICOs

Will Coins and ICOs Replace Stocks and IPOs?

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Mr. T ICO pain prediction

Could the simplicity of cryptocurrencies and ICOs eventually replace stocks and IPOs? Who knows what will happen in the long term. In the short term, though, I’ll wager that there will be lots of… to paraphrase the eminently quotable Clubber Lang… “Pain.” Scammers Are Ruining the ICO Party Just today TechCrunch wrote about a Lithuanian scammer who launched a token called “Prodeum”. The concept behind the token was to track every piece of “food” on the blockchain. Sounds totally investable so far. The guy followed the ICO hype playbook… 1)…

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What is Kodak’s Coin Built On?

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KodakCoin

It seems ridiculous, but shares of Kodak (KODK) spiked on Tuesday when it announced that it would be launching a venture called KodakOne, an “anti-piracy” service that will use a new cryptocurrency called KodakCoin. Since the announcement on Monday, Kodak’s stock has rallied up almost 57%. What is KodakCoin Built On? Kodak will not be launching its own crypto-coin from scratch. Like many businesses that have ventured into coins and tokens, KodakCoin will be built on the Ethereum network. Ethereum is considered a “2nd Generation Blockchain”… It is a cryptographic…

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Are ICOs Securities? Yes. For Two Reasons.

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ICOs Porn and the SEC

Even if there has not yet been a crystal clear ruling by the SEC, there are two main reasons why ICOs are going to be ruled as securities: Stupidity and lawyers. 1) Stupidity: People will literally do anything to make an extra buck… This includes investing in scammy ICOs that, on their face, offer… literally… zero chance of success. But the stupidity doesn’t end at investment… It continues when the “investors” are shocked (SHOCKED!) when their money evaporates after they invest with unscrupulous creeps. Then they complain… To the New…

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