CONCEPT 1. What is the value proposition of the product? Value propositions exist on several levels. The team in charge of the initial coin offering (ICO) or Token Generation Event (TGE) has to explain why a prospective customer would buy their particular product. Second, they need to explain why a prospective customer would buy that …
45 Questions That Scare Scam ICOs
INTRODUCTION If a team behind an ICO profits, then the difference between a scam ICO and a bad ICO boils down to intent. This means that many of the following questions do not differentiate between a scam and a mismanaged ICO. Always keep in mind “Godel’s Scammer Incompleteness Theorem”: for any list of scams, a …
