Hello Steemit Community!
This has been some crazy months for the cryptocurrency market with alot of new ICO's (Initial Coin Offering) entering the market and bringing new ideas and use cases for blockchain technology.
In 2017 alone, $3.2 billion was crowdsourced in alot of different projects, the top funders are Filecoin ($206M), Tezos ($232M), EOS ($180M), and Bancor ($154M).
Some ICO'S have a company behind it with almost all the team supposely working on the project... is this a money grabber or they really want to build on blockchain technology? I think we are gonna have answers this year.
Big companies are jumping in the ICO's and blockchain game, first was Overstock, that is launching a ICO and is looking for 500m funding. You can check the official website here.
This last week we hear Telegram is launching a ICO and is looking for 1.2b hard cap, more information here
Today big picture company Kodak announced a ICO causing their sharing going 120% in less than 1 day, that is like 10 years in stocks lool You can check a good article about it here.
Currently the website https://www.kodakcoin.com/ is down.
One funny thing is they are entering the asic miners game too, what it seems like a antminer with a Kodak Sticker.
https://twitter.com/chrisbhoffman/status/950861459302445056
- chrisbhoffman
For me this is all just a money grabber this amounts and ideas is ridiculous and in my opinion is bad for the cryptocurrency market, alot of stupid money is going to enter the market and the bubble is starting to give signals of potential pop.
What is your opinion on this?
Follow me on Twitter @johnycrypto
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