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Ahem, it's a decentralized donation.

Ahem I believe you mean to say that it's a decentralized donation that uses cutting-edge, game-changing BLOCKCHAIN TECHNOLOGIES that will REVOLUTIONIZE the world as we know it. /s

Using blazing fast JavaScript deep learning techniques of course.

Or a payment for the pretty whitepaper you get to read.

Which a lot of donors are actually completely ok with. The insistance on seeing this new technology and the opportunities it offers through the lens of traditional equity/securities is strange.

It's not strange at all, since unfortunately the average person who bought into these ICO's thought they were similar to IPOs (and that was the dubious intention behind calling them "ICO's").

You can look through thousands of reddit posts of people thinking they were "getting in early" on some hot new tech company. You're living in a fantasy world if you think even a sizable minority gave money to ICOs knowing it was basically a donation.

Agreed about the name "ICO" being of dubious intent. That's why we tried to clear the air with our I<corn>O, https://initialcornoffering.com.

Because that's what most of these offerings are offered in terms of?