TokenReporter Sneak Peek: Lies, Damn Lies, and ICOs

Hello, all!

I found a token sale that looked like an April Fool’s joke. It wasn’t. Read on.

Quick Update

Are you in New York? Join me for the first Strike ICO pitch-off lab!

I'm helping to hold the first ICO pitch-off in New York at Knotel on April 23 at 7pm. I invite all ICO and crypto startups to apply here and I'll pick eight to pitch. We'll hold a panel on ICO launches as well with a few well-known folks in the space. BYOB and snacks, please, as this is an unfunded community event. This is being held in conjunction with TokenReporter and Strike.


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Move Fast And Tokenize Things

Startup life is full of quick, lateral thinking. “Move fast and break things” is the mantra. However, with the rise of token sales - essentially vehicles for untested startups to raise millions in a few minutes - lots of stuff gets broken and little gets fixed.

Take BCT - the Blockchain Terminal- for example. This frothy project led by Bob Bonomo, a former hedge fund guy turned Blockchain guru, features some interesting breakages.

Yesterday at about 3pm Eastern Time the company's FAQ - which has since been updated but still exists here - read something like this…

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