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Paragon - Investing In Cryptocurrency And Blockchain: How To Differentiate Legitimate ICOs From Scams
www.ibtimes.com/investing-cryptocurrency-blockchain-how-d...
Not every venture needs a blockchain, and not everything needs to be decentralized. This might seem obvious, but with all the hype around blockchain technology and its disruptive potential, it can be easy to latch on to an idea the moment its White Paper mentions a large industry that the project is purportedly tackling.
When evaluating an ICO, a good first question to ask is: "Do we need a blockchain or a native token for this project?" If the answer is no to both, chances are the ICO project is an example of solutionism — crypto for crypto’s sake — or a scam.
Paragon - Investing In Cryptocurrency And Blockchain: How To Differentiate Legitimate ICOs From Scams
www.ibtimes.com/investing-cryptocurrency-blockchain-how-d...
Not every venture needs a blockchain, and not everything needs to be decentralized. This might seem obvious, but with all the hype around blockchain technology and its disruptive potential, it can be easy to latch on to an idea the moment its White Paper mentions a large industry that the project is purportedly tackling.
When evaluating an ICO, a good first question to ask is: "Do we need a blockchain or a native token for this project?" If the answer is no to both, chances are the ICO project is an example of solutionism — crypto for crypto’s sake — or a scam.