Tags Used: Bisade Asolo, icos, Fraudulent ICOs, cryptocurrencynews blog, CryptoCurrencyNews, CCN, Avoid Fraudulent ICOs
The advent of blockchain technology has brought with it some novel advancements, with one of them being the emergence of initial coin offerings (ICOs). This innovative mechanism for capital-financing has powerful consequences, for one, ICOs are challenging the commonly held view that investing in promising early stage start-ups is a right reserved exclusively for VC funds or high-net-worth individuals. Despite the immense promise that this novel fundraising tool possesses, its immaturity has resulted in fraudulent acts that are a stain on the overarching goals of the cryptocurrency community. Thus, avoiding such deceitful activity is a must.
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