Initial Coin Offering

By mrees999 on Tue, May 2, 2017 - 8:43pm

The most important rule when investing in ICOs

Although every Ethereum Based ICO I've been involved with gives instructions for this, it is important to remember - you can't send funds from an exchange.

They send tokens back to your etherem address you send funds to them with. If you send from and exchange - you LOOSE your token. The exchange wallet gets the ERC20 token in their big valt of coins and they won't know they got an erc20 token back because they weren't expecting it. You can destroy your value by sending ETH from an account like poloniex, kraken coinbase.


By mrees999 on Fri, Apr 21, 2017 - 7:05pm

Bitcoin’s blockchain – it’s not just for money anymore. Your new paradigm awaits.

Bitcoin’s blockchain – it’s not just for money anymore.


In case you haven’t been keeping up in the world of cryptocurrencies – Here’s a quick rundown of some of the other currencies and their function. You can catch up on the blockchain discussion forum.


By mrees999 on Sun, Mar 26, 2017 - 5:06am

Case Study in likely Blockchain ICO scam

Plucked from the headline of this weekend is a new Initial Coin Offering or *ICO* for a 'new' blockchain that raised almost 16 million dollars. The name of the new venture is "QTum".


Things to ask yourself.

What does it do better than what came before it?

Is the advantage big enough to make all the time\ effort\ network effect\ trust - already in the prior system to become null?