Crypto calls
Jul 10, 2017 · 1 min read

Will you use the technology/idea behind the ICO in which you are going to invest?

ICO buyers are speculators, not token consumers.

What we are seeing are scalpers lining up to buy concert tickets. Only to sell them to actual fans who weren’t aware of the concert when tickets went on sale.

If you look at BAT, ownership is ridiculously concentrated.

5 buyers got half the supply. I’d bet Ether that no meaningful advertisers (who are the target market for owning BAT) are part of this group.

If BAT truly becomes useful, advertisers will have to find their way to buy BAT from these speculators off exchanges.

So for an ico to be successful the idea behind that ico needs to find actual users.

Invest in an ico only if you believe that someday those presumed users would be found.

#ico #icoinvestment #cryptocalls #cryptoadvice #altcoins #bitcoin #waves #ether #erc20 #tokens

Crypto calls

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Crypto calls DAO is a leading crypto asset investment and advisory 0rganisation. You can also follow us on Telegram www.t.me/cryptocalls

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