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by jcousins 3312 days ago
They conducted an ERC20 token sale on the Ethereum network. It sold out in seconds. The tokens (BAT - Basic Attention Token) are to be used to buy advertising in the "attention economy." The premise is really interesting, but the dynamics of the Ethereum token sale space are borderline insanity at the moment, and will continue to be until most of the fools are parted with their ether either by a company that fails or turns into a scam.
1 comments

When Mt. Fox failed, nobody called for more regulation of bitcoin exchanges.

I think many people have decided that regulation just ends up benefitting the established players at this point.