Hollow ICOs: Five Ways to Tell If a Crypto Token Has Merit

Feb 20, 2018 · 5 min read
Image for post
Image for post
Photo by Yuriko Nakao/Getty Images.

By Jeff Kauflin

Many initial coin offerings (ICOs) were tickets to quick riches in 2017. Take a token called Status — it was issued in June, raised about $100 million and soared 1,200% within six months. It’s easy to get excited by crypto’s surging prices. But now that the market has corrected somewhat and it’s clear that tokens both rise and fall, it’s prudent to…

To keep reading this story, get the free app or log in.
Read the rest of this story with a free account.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store