The Cryptocurrency World Expo in Berlin at March 22/23, 2018, gave me the opportunity to speech about the death of the ICO: Invest in 2.0 token backed by listed Icecat.
No one denies that inevitably, the crypto market has become a bear market. It’s not the first boom & bust cycle the bitcoin market goes through. 2013/2014 was another one, which I was living through as I am still waiting for part of my bitcoin value that I had in a wallet at MtGox that went broke that period.
This time around, the reasons for the bust are different. Apart from the inevitable downswing after a creepy steep upswing, there are structural issues:
It will be inevitable that in the near future, the crypto and ICO bubble will continue to deflate rapidly. For years to come, the market goes into a post-nuclear winter.
Is it then all doom and gloom? No, not at all. A good winter retreat of the crypto and blockchain market, will inevitably lead to the survival of the most healthy and promising business concepts.
We strongly believe that the ICURY has great potential to incentify Icecat’s existing content syndication network. We see this as an opportunity to make ICURY stand out from the crowd, and therefore continue with business pilots in co-operation with our clients and other ecosystem stakeholders. It’s like the internet boom & bust cycle of around 2001: in the following decade the current winners distinguished themselves from the rest.
Read further: ICURY, News, bitcoin, KYC
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