Mom’s ICO

The era of Moms doing ICOs has arrived

When I attended a consensus in this year, I was approached by a woman around my parents’ age who said, “I am going to do an ICO.” Just in case anyone doubts me here, this really is a true story.

After that happened, as I was thinking “the day when mothers are doing ICOs must be quite soon,” after returning to Japan I quickly began talking in various places about how “when mothers start talking about doing their own ICOs, it might be time to be careful.”

That has become a reality faster than I thought it would. It has truly become the era when moms come to ask for advice regarding ICOs. If your mother came to your place and asked for advice, you must give advice so that she does not conduct fraud without intending to do so.

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What do ICOs destroy?

The major premise of ICOs

What do ICOs destroy? I have declared that I will stop talking about this in public, so I had put down what I always used to say when I had the opportunity to talk in public in a written document.

Many people understand ICOs to be an easy method of fundraising. I think this is because their full name is “Initial Coin Offering” a name similar to IPO. However, the more that one gains a correct understanding of the actual state of ICOs, the more one realizes that what ICOs have changed is not the ease of amassing funds.

What ICOs have changed is the ease of providing funds. First of all, this is the major premise.

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The Real Innovator

In this world, there are people who want to prove their existence even if it means holding others back. Regardless if they realize it or not, they are not productive when they are criticizing others.

In the world of cryptocurrencies, many people are considered “shady” if not downright frauds, and thus they have many enemies. Many are criticized, by people standing in the safe zone, for being “gray” simply because the gray zone is so large.

However, in my opinion, it was those people who are now considered “gray” that first saw the possibility of ICO and the use case for next-generation blockchain. In fact, from my experience of interacting with a wide range of people, I have realized that people who reside on the extremes are truly admirable.

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