Newslink: Crypto Markets Humble: Lessons From the Ocean Protocol IEO “Disaster”
TL;DR: Fear of missing out (FOMO) has taken hold of cryptocurrency enthusiasts once again. A precursor to the latest hype was the invention of a somewhat exotic new investment idea: initial exchange offerings (IEOs). With giant exchanges such as Binance entering the fray, it might be a great time to consider some of the risks, using a recent post-mortem of the Ocean Protocol IEO. To reformulate a phrase Kendrick Lamar made famous, be humble or be humbled. Chill. It’s time to chill.
https://coinspice.io/news/crypto-markets-humble-lessons-from-the-ocean-protocol-ieo-disaster/
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