Too Long; Didn't Read
A popular narrative about ICO mania says it was fueled by naive investors duped into throwing money at projects that were either incapable or had no intention of delivering. The teams behind several ambitious projects have been heads down coding, shipping, and maintaining transparent communications about their work for several years. Because of their high risk-tolerance, the global public is gaining access to a powerful suite of. Ethereum-based protocols and applications. The majority of the majority of ICOs were duds and the mania attracted with overly ambitious teams.