Jentzsch: 2017 ICO Craze Driven by Uninformed Retail Overfunding Startups
Christoph Jentzsch · 781: Crypto: What AirBnB Looks Like In Digital Currency World · Sep 13, 2017 · at 17:12
Christoph Jentzsch, co-founder of Slock.it, critiques the irrational dynamics and excessive capital raised during the 2017 token sale boom.
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“I think a lot of the ICOs we see right now is people who do not understand what they are doing getting convinced by marketing people to put money into something they don't understand, and then those startups raise much more money than they actually need.”
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