Wishing for the Pre-Mine IDO
(originally posted to medium July 20 - 5min) Background In 2017, Ethereum powered a flood of Initial Coin Offerings or ICOs which combined to raise over $5B and completely revolutionize blockchain-based fundraising. By 2018, that number was $20B. Even amidst a myriad of caveats like:beware of scamswatch out for the SEClookout for projects building without investor-gated milestoneshere’s hoping you guessed right on the design of the tokenomics pre-launchif ICOs were all Ethereum ever did, it w...
Wishing for the Pre-Mine IDO
(originally posted to medium July 20 - 5min) Background In 2017, Ethereum powered a flood of Initial Coin Offerings or ICOs which combined to raise over $5B and completely revolutionize blockchain-based fundraising. By 2018, that number was $20B. Even amidst a myriad of caveats like:beware of scamswatch out for the SEClookout for projects building without investor-gated milestoneshere’s hoping you guessed right on the design of the tokenomics pre-launchif ICOs were all Ethereum ever did, it w...
