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Showing posts from March, 2019

The 6 Worst ICO’s ofAll Time

Poor returns, failed technology, and outright scams are some of the reasons investors are leery of ICOs. 2017 has been a fantastic year for ICOs, and  we’ve covered many of biggest and most exciting releases . ICOs have skyrocketed into mainstream prominence. Each day we see more and more ICOs being  submitted  to our  ICO calendar . The advantages of ICOs are two-fold; the team gets money fast, investors get tokens early. But the dark side reared its head this year too. Poor returns, failed technology, and outright scams are some of the reasons investors are leery of ICOs. Many have called the ICO trend a bubble, and the SEC has been deliberating cracking down . Below are a few cautionary tales. 1. ONECOIN One of the worst ICOs of 2017 was OneCoin, a textbook scam from start to finish. OneCoin was a multi-level marketing Ponzi scheme (think Cutco knives). It’s difficult to give more detail, because there’s no information a token was ever created. The team had little concrete to sh