Ethereum co-founder Vitalik Buterin reckons that nine out of ten token startups are doomed to failure. While widespread experimentation with tokens is a good thing, the current reliance on ICOs could prove problematic going forward.
“There are some good ideas, there are a lot of very bad ideas, and there’s a lot of very, very bad ideas,” said Buterin, speaking as part of a panel on decentralized technology. “And quite a few scams as well.”
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