Is Creating An ICO Too Easy? More Junk Coins In The Future!

in #cryptocurrency6 years ago (edited)

20180123_183539.png

Due to Facebook's targeted advertising my "Newsfeed" is now populated by ICOs, cloud mining, and every cryptocurrency gimmick imaginable. Today I saw an ad for a company called CoinLaunch.

The company claims that it "makes it easy for anyone to create their own secure token offering for free."

Clicking on the ad took me to the company website where the company again claimed it could walk me through the process of creating a profitable ICO for free.

My first impression of this company is that it is not what the cryptocurrency community needs right now. I suspect that it will do nothing but result in many more junk ICOs that will have no return for the people who buy into them. I hope I am wrong, and that it produces some good projects, but I'm not holding my breath.

DISCLAIMER: I am not an investment advisor. My content is for informational purposes only. It should not be considered legal or financial advice. No one should make any investment without doing their own research or consulting their own investment advisor.

Sort:  

@joeshaver you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

Congratulations @joeshaver! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Do not miss the last post from @steemitboard:

Saint Nicholas challenge for good boys and girls

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @joeshaver! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 71095.13
ETH 3686.44
USDT 1.00
SBD 3.76