Ok whoever reposted this link from my comment and got 111 points is a genius and understands the spirit of ICO.<p><a href="https://news.ycombinator.com/item?id=15073724" rel="nofollow">https://news.ycombinator.com/item?id=15073724</a>
Leading negative economic indicator: when the articles and threads on HN and 4chan's /biz/ start looking identical.<p>Why not head over to 4chan's biz subboard to really get into this topic? The day trading, drop shipping and get rich quick schemes of yesteryear have made way for almost all threads being get rich quick on cryptocoin.<p>Kids, if you want to understand the 1999 dot com bubble in a modern context, read all the VC blog posts, quotes from interviews etc. about cryptocoins. Then realize they will all be worthless as 1999 e-currencies like Flooz and Beenz are now. VC's puffing up unicorns a little is one thing, this is a pure unbridled scam.<p>And you're missing the boat because it only goes up up up, right?
this is great. I have similair idea to educate the public on crypto creation but I want to dumb it down even more. I wrote a how to understand crypto in 5 mins site live at <a href="https://higher.team" rel="nofollow">https://higher.team</a> that has the goal to explain it in 5 mins. But then walk through non-programmers how to make a very simple currency with signing the messages using an ez to break just write the string backwards or something simple like that.
And if you want to create your own token:<p><a href="https://tokenfactory.surge.sh/#/factory" rel="nofollow">https://tokenfactory.surge.sh/#/factory</a><p>Note: it needs the MetaMask extension.