The first "ICO" to do it with full compliance, useful tech and good business model, will be huge.
Yes, Filecoin raised over $200M. But their troubles are still in the future. The ICO bubble may pop before any of their investors get liquidity. It's probably illegal for Filecoin to trade on any public exchange, so they need to create a "SecondCoin" exchange for qualified investors. And blockchain-based storage has some unsolved problems like low demand.
Being compliant is quite simply going to be much bigger, sustainable and "good business" than all scammers put together.
Any evidence of this? My impression is that 90% of ICOs wouldn't survive any due diligence.
Yes, Filecoin raised over $200M. But their troubles are still in the future. The ICO bubble may pop before any of their investors get liquidity. It's probably illegal for Filecoin to trade on any public exchange, so they need to create a "SecondCoin" exchange for qualified investors. And blockchain-based storage has some unsolved problems like low demand.
Being compliant is quite simply going to be much bigger, sustainable and "good business" than all scammers put together.
Any evidence of this? My impression is that 90% of ICOs wouldn't survive any due diligence.