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Great great great great article. Never seen so much facts and analysis in an Ethereum/ICO post (aside from Vitaliks maybe).

This whole ICO craze is going to hurt Eth in the long run, just like fraudulent campaigns hurt Kickstarter. People need to realize those ICOs are completely overhyped right now, lacking anything worth investing in the most cases.

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The problem is, even if you know this its still a Keynesian Beauty Contest, as you can make money by following the hype along for a while.

Oh my God... A positive comment on HN? Is this reality?

I agree with you wholeheartedly though sir. Great article. It's just like the crazy funding rounds Silicon Valley startups have these days!

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