Please stop using these vanity numbers to promote the “presumed” opportunities of ICO’s. Tell me:
a) how much the majority of the ETH used to invest in these projects was worth 6 months ago (i.e ~5%. ) Or to be more precise, nothing more than a divestment opportunity for a precious few early ETH adopters and:
b) whether the recipients can both convert and, more importantly, receive their “raise” into a stable fiat balance required to turn their “necessary” $250m “seed” investment from “an idea on paper” into a viable product?
The concept itself is not bad. However, the concept would be better served if people spent more time tearing apart what is wrong with it than trying to promoted the “merits” whilst still in such an ill considered format.
