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The ICO Explosion

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Published: 09 May 2018 › Updated: 09 May 2018The ICO Explosion

The ICO Explosion

For several months I've had a somewhat cynical view towards new ICO projects. This is also one of the reasons I've succeeded at picking winning projects. When I first started reviewing ICO's I would read the White Paper thoroughly, believe that the founders would actually deliver a working product, and do incredible things. Most of these projects have just fizzled away into the "Ether" so to speak for the past few years. There is a positive outcome from all of this though. The scams that have made hundreds of millions have raised the bar on vetting new projects that enter the Blockchain space. Today, I was reviewing this hyped infrastructure project called "QuarkChain" and realizing that either it's all a load of BS, or they are actually building something that could potentially place Ethereum on the back burner. I highly doubt that, due to Ethereum's FMA, but it's interesting to see the advancement of these technologies. However I could be completely wrong and QuarkChain will be the go to protocol for transactions. We do need to see some sort of adoption before we can actually believe that these protocols have a real function in the world.

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