Jeffrey Paul: So Much For Tokens

Jeffrey Paul

So Much For Tokens
29 October 2018
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Forbes writes today on the huge amounts of cash raised by some of the top ICOs last year:

As an investor, if you had purchased all 10 of the largest ICOs during the token sale, you would have fared well through the middle of October 2018. A $100,000 investment would now be worth $160,936, compared with $113,722 for the S&P 500. But six of the 10 have negative returns since their ICO, and one has mysteriously vanished. If you had simply sunk your $100,000 into bitcoin, you’d have $264,417.

Oh well; so much for tokens.

About The Author

Jeffrey Paul is a hacker and security researcher living in Berlin and the founder of EEQJ, a consulting and research organization.