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7 points by evanvanness 9 years ago · 2 comments

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nhoven 9 years ago

I don't understand why every company is trying to reinvent the wheel with their ICO. Initial offerings should be about price discovery, not minimizing FOMO. A dutch auction is obviously the correct strategy and would be trivial to implement in an Ethereum contract.

  • davidgerard 9 years ago

    You'd almost think the point was making as much money as fast as possible while the bubble's bubbling, or something.

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